What will I need to participate in the token sale?
I think that you will need ETH and a compatible wallet, isn't it? 
Topic: [ANN][ICO] FintruX Network - 💲 THE GLOBAL P2P LENDING ECOSYSTEM ✅ 💲 - page 155. (Read 19500 times)
November 15, 2017, 10:00:41 PM
November 15, 2017, 09:41:02 PM
What will I need to participate in the token sale?
November 15, 2017, 04:17:38 PM
If I get a loan, do I need to provide a guarantor like typical loans? How it works?
November 15, 2017, 03:14:18 PM
I'm wondering, what is the price of FTX? Is there some special compensation or bonus?
FTX will be sold in the presale at 1 ETH : 1100 FTX (10% bonus). Our token sale will follow a bonus model that diminishes from 5% - 0% (1 ETH : 1000 FTX). This means that at the current market price of Ethereum, our bounty program is valued at 1.5M USD! Please see the image below for a detailed breakdown for the token sale.
Thank you for the information, the table is really clarifying.
When will the presale be? and when will it finish?
Our first presale will be between Dec 7 - 21st. We will also be holding a second presale between Jan 7 - 21st, at the same bonus level, just in case you missed the first one!
November 15, 2017, 09:38:02 AM
I'm wondering, what is the price of FTX? Is there some special compensation or bonus?
FTX will be sold in the presale at 1 ETH : 1100 FTX (10% bonus). Our token sale will follow a bonus model that diminishes from 5% - 0% (1 ETH : 1000 FTX). This means that at the current market price of Ethereum, our bounty program is valued at 1.5M USD! Please see the image below for a detailed breakdown for the token sale.
Thank you for the information, the table is really clarifying.
When will the presale be? and when will it finish?
Our first presale will be between Dec 7 - 21st. We will also be holding a second presale between Jan 7 - 21st, at the same bonus level, just in case you missed the first one!
November 15, 2017, 06:43:33 AM
Given the amount of lending taking place in the world it's quite a business to get into. How do you plan to catch the lenders' attention?
Probably the part where they "make unsecured loans highly secure" will catch their attention. 
November 14, 2017, 08:59:05 PM
Given the amount of lending taking place in the world it's quite a business to get into. How do you plan to catch the lenders' attention?
Probably the part where they "make unsecured loans highly secure" will catch their attention. 
November 14, 2017, 03:20:55 PM
Given the amount of lending taking place in the world it's quite a business to get into. How do you plan to catch the lenders' attention?
November 14, 2017, 12:04:30 PM
Some members of you team from Canada. Where is you company registered officially and where located?
Our company is officially registered in Singapore, under the name Fintrux pte ltd.
Do you plan that your token will be in exchanges when ICO ends?
Due to regulatory compliance, all we can say is that you can get tokens on secondary markets by your own diligence. (:
I'm wondering, what is the price of FTX? Is there some special compensation or bonus?
FTX will be sold in the presale at 1 ETH : 1100 FTX (10% bonus). Our token sale will follow a bonus model that diminishes from 5% - 0% (1 ETH : 1000 FTX). This means that at the current market price of Ethereum, our bounty program is valued at 1.5M USD! Please see the image below for a detailed breakdown for the token sale.
What will funds from the Pre-ICO be used for?
Funds from the PRE-ICO will be used to develop the prototype to have it fully functional as a POC for the token sale in Feb. To maintain excitement about our project, we are having an additional presale between in January - this may include residents/citizens of countries previously excluded in our presale. Details to come.
If I understand correctly, bonuses are dependent of the amount in Ethereum sold?
Yes, exactly. That means that we are rewarding supporters that join in our crowdsale at the beginning, to benefit from the highest bonuses.
We will have information in our telegram group at www.t.me/fintrux to shed light on what can be done with the tokens. The market token value is entirely dictated by third party forces however, we cannot predict where the market will take our token (to the moon!).
This seems a interesting project, what is your experience in this sector? I can see reading the whitepaper that the team is enough qualified to make the project successful
Our experience has been serving the securitization sector for the last 20 years in Canada - this is when we identified a need in the industry for FintruX - and our funders agree too. This fills a very specific niche that the global financing market is missing.
What personal information do I need to provide and what are the requirements I should meet to get a loan?
Hi there! From the way I understand the concept this will depend on a few factors... eg. the terms of the lender, the amount and terms of the loan package, the legal requirements of your locale, and your credit rating at the time of applying for a loan.
As far as personal information, remember that KYC (Know Your Customer), Credit Checks, as well as Identity Verification will all be part of the process. So you will be required to provide personal information similar to what you would for any other loan application.
The difference with the FintruX ecosystem is that you will have lenders competing to instantly match your loan request with an offer, and because of the low fees on the platform, you will get a very low interest rate on your loan compared with traditional financing providers.
Is there a minimum or maximum for the loan?
In our current model, there would a min of ~$3000 US, and max of $300,000 US, spanning over 3-24 months. This is strategically aimed towards SMEs and startups that require cashflow in their first few months/years of business.
Our starting countries will be Canada and Singapore. Our end goal is exactly what you describe, that any borrower can take advantage of our global platform to borrow from lenders anywhere in the world.
November 14, 2017, 11:41:46 AM
I'm wondering, what is the price of FTX? Is there some special compensation or bonus?
FTX will be sold in the presale at 1 ETH : 1100 FTX (10% bonus). Our token sale will follow a bonus model that diminishes from 5% - 0% (1 ETH : 1000 FTX). This means that at the current market price of Ethereum, our bounty program is valued at 1.5M USD! Please see the image below for a detailed breakdown for the token sale.
Thank you for the information, the table is really clarifying.
When will the presale be? and when will it finish?
November 14, 2017, 11:23:36 AM
Some members of you team from Canada. Where is you company registered officially and where located?
Our company is officially registered in Singapore, under the name Fintrux pte ltd.
Do you plan that your token will be in exchanges when ICO ends?
Due to regulatory compliance, all we can say is that you can get tokens on secondary markets by your own diligence. (:
I'm wondering, what is the price of FTX? Is there some special compensation or bonus?
FTX will be sold in the presale at 1 ETH : 1100 FTX (10% bonus). Our token sale will follow a bonus model that diminishes from 5% - 0% (1 ETH : 1000 FTX). This means that at the current market price of Ethereum, our bounty program is valued at 1.5M USD! Please see the image below for a detailed breakdown for the token sale.
What will funds from the Pre-ICO be used for?
Funds from the PRE-ICO will be used to develop the prototype to have it fully functional as a POC for the token sale in Feb. To maintain excitement about our project, we are having an additional presale between in January - this may include residents/citizens of countries previously excluded in our presale. Details to come.
If I understand correctly, bonuses are dependent of the amount in Ethereum sold?
Yes, exactly. That means that we are rewarding supporters that join in our crowdsale at the beginning, to benefit from the highest bonuses.
We will have information in our telegram group at www.t.me/fintrux to shed light on what can be done with the tokens. The market token value is entirely dictated by third party forces however, we cannot predict where the market will take our token (to the moon!).
This seems a interesting project, what is your experience in this sector? I can see reading the whitepaper that the team is enough qualified to make the project successful
Our experience has been serving the securitization sector for the last 20 years in Canada - this is when we identified a need in the industry for FintruX - and our funders agree too. This fills a very specific niche that the global financing market is missing.
What personal information do I need to provide and what are the requirements I should meet to get a loan?
Hi there! From the way I understand the concept this will depend on a few factors... eg. the terms of the lender, the amount and terms of the loan package, the legal requirements of your locale, and your credit rating at the time of applying for a loan.
As far as personal information, remember that KYC (Know Your Customer), Credit Checks, as well as Identity Verification will all be part of the process. So you will be required to provide personal information similar to what you would for any other loan application.
The difference with the FintruX ecosystem is that you will have lenders competing to instantly match your loan request with an offer, and because of the low fees on the platform, you will get a very low interest rate on your loan compared with traditional financing providers.
Is there a minimum or maximum for the loan?
In our current model, there would a min of ~$3000 US, and max of $300,000 US, spanning over 3-24 months. This is strategically aimed towards SMEs and startups that require cashflow in their first few months/years of business.
Our starting countries will be Canada and Singapore. Our end goal is exactly what you describe, that any borrower can take advantage of our global platform to borrow from lenders anywhere in the world.
November 14, 2017, 11:07:43 AM
This seems a interesting project, what is your experience in this sector? I can see reading the whitepaper that the team is enough qualified to make the project successful
Our experience has been serving the securitization sector for the last 20 years in Canada - this is when we identified a need in the industry for FintruX - and our funders agree too. This fills a very specific niche that the global financing market is missing.
What personal information do I need to provide and what are the requirements I should meet to get a loan?
Hi there! From the way I understand the concept this will depend on a few factors... eg. the terms of the lender, the amount and terms of the loan package, the legal requirements of your locale, and your credit rating at the time of applying for a loan.
As far as personal information, remember that KYC (Know Your Customer), Credit Checks, as well as Identity Verification will all be part of the process. So you will be required to provide personal information similar to what you would for any other loan application.
The difference with the FintruX ecosystem is that you will have lenders competing to instantly match your loan request with an offer, and because of the low fees on the platform, you will get a very low interest rate on your loan compared with traditional financing providers.
Is there a minimum or maximum for the loan?
In our current model, there would a min of ~$3000 US, and max of $300,000 US, spanning over 3-24 months. This is strategically aimed towards SMEs and startups that require cashflow in their first few months/years of business.
November 14, 2017, 06:14:21 AM
Do you plan that your token will be in exchanges when ICO ends?
Due to regulatory compliance, all we can say is that you can get tokens on secondary markets by your own diligence. (:
I'm wondering, what is the price of FTX? Is there some special compensation or bonus?
FTX will be sold in the presale at 1 ETH : 1100 FTX (10% bonus). Our token sale will follow a bonus model that diminishes from 5% - 0% (1 ETH : 1000 FTX). This means that at the current market price of Ethereum, our bounty program is valued at 1.5M USD! Please see the image below for a detailed breakdown for the token sale.
What will funds from the Pre-ICO be used for?
Funds from the PRE-ICO will be used to develop the prototype to have it fully functional as a POC for the token sale in Feb. To maintain excitement about our project, we are having an additional presale between in January - this may include residents/citizens of countries previously excluded in our presale. Details to come.
If I understand correctly, bonuses are dependent of the amount in Ethereum sold?
Yes, exactly. That means that we are rewarding supporters that join in our crowdsale at the beginning, to benefit from the highest bonuses.
November 14, 2017, 05:19:06 AM
Does the team have experience in this sphere?
Yes. We are backed by a very reputable company Robocoder Corporation and have been developing mission critical financial solutions to banks and financial institutions for the last 20 years. We are very well known in the Canadian financing ecosystem, and we will be leveraging our relationships to take our platform to market.
Hi there. Not 100% clear on the ownership structure, I believe they are setup as two separate companies. However, Nelson Lin is the CEO of Robocoder and of FintruX. This project therefore seems to be an extension of their business into the Blockchain sector. Therefore Fintrux has the full support of Robocoder's team and their partners behind them.
I see this as very good news! Nelson Lin and Robocoder have a proven track record of successful software projects in the financial sector, even winning award along the way.
You got it. Two separate companies, intertwined in this venture. This has a lot of benefits - FintruX can leverage Robocoder's existing extensive relationships in the financing space to go to market and establish key partnerships, and in turn has to be completely transparent and regulation compliant as everything we do will reflect onto the very reputable and established Robocoder Corporation.
November 14, 2017, 05:15:02 AM
Some members of you team from Canada. Where is you company registered officially and where located?
I read the answer to that question in the last few pages but I'm unsure where exactly. November 14, 2017, 03:59:23 AM
Some members of you team from Canada. Where is you company registered officially and where located?
November 13, 2017, 07:02:54 PM
Do you plan that your token will be in exchanges when ICO ends?
Due to regulatory compliance, all we can say is that you can get tokens on secondary markets by your own diligence. (:
I'm wondering, what is the price of FTX? Is there some special compensation or bonus?
FTX will be sold in the presale at 1 ETH : 1100 FTX (10% bonus). Our token sale will follow a bonus model that diminishes from 5% - 0% (1 ETH : 1000 FTX). This means that at the current market price of Ethereum, our bounty program is valued at 1.5M USD! Please see the image below for a detailed breakdown for the token sale.
What will funds from the Pre-ICO be used for?
Funds from the PRE-ICO will be used to develop the prototype to have it fully functional as a POC for the token sale in Feb. To maintain excitement about our project, we are having an additional presale between in January - this may include residents/citizens of countries previously excluded in our presale. Details to come.
If I understand correctly, bonuses are dependent of the amount in Ethereum sold?
Yes, exactly. That means that we are rewarding supporters that join in our crowdsale at the beginning, to benefit from the highest bonuses.
November 13, 2017, 06:32:32 PM
If I understand correctly, bonuses are dependent of the amount in Ethereum sold?
November 13, 2017, 06:26:17 PM
I'm wondering, what is the price of FTX? Is there some special compensation or bonus?
FTX will be sold in the presale at 1 ETH : 1100 FTX (10% bonus). Our token sale will follow a bonus model that diminishes from 5% - 0% (1 ETH : 1000 FTX). This means that at the current market price of Ethereum, our bounty program is valued at 1.5M USD! Please see the image below for a detailed breakdown for the token sale.
What will funds from the Pre-ICO be used for?
November 13, 2017, 05:37:57 PM
Do you plan that your token will be in exchanges when ICO ends?
Jump to: