Review and analysis of ICO Faxport

in blockchain •  7 years ago 

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Official site

Today, decentralized platforms are developing at a rapid pace, which cover all possible sectors and solve their problems. Indeed, with the advent of blockchain technology, the life of each of us begins to acquire new shades, thereby making our life easier, and the operations performed faster and safer. Today I would like to talk about a project in the sports industry, which blockchain technology has not bypassed. Why sports industry? It's very simple, this industry is very popular, it is here that a great deal of money is circulating. The business behind the sports industry has a vast field of activity and its possibilities are endless. However, at the moment there are many nuances that inhibit the activities of the sports industry. This is due to ineffective methods of carrying out activities between participants in this sphere. I mean that there are unsolved issues related to the safe conduct of world sports relations and the lack of trust between its participants. All this ultimately leads to a loss of opportunities for sports talents, and consequently to a reduction in the number of actors who would be engaged in these talents and raise the sports sphere to a completely different level of development.


Faxport - is a platform built on blockchain technology, which aims to provide a trusting relationship and solve the issue of security in the global sports industry. We all know that for the successful development of not only sports, but absolutely any field of activity, it is necessary to solve the issue of providing services, and to find the labor that used these services. In our case, in the sports field of activity, the workforce is sports talents, which simply need to provide a wide field for manifesting their capabilities. Platform Faxport will also pay attention to very young talents who are just starting to make their first steps in this area so that they do not face financial difficulties in their growth path.

Faxport Products:

  • Fax Go is a sports crowdsport platform. As a result, the user will be able to give their votes, which he owns, in support of a particular athlete, match, entrepreneurial project, etc. in the community.

This platform provides the following options:

Financing in matches representatives of the sports field of activities.

National funding for sports equipment, which the manufacturers provided to FAX GO with the purpose of raising funds.

Young athletes will have the opportunity to invest in FAX GO in order to increase their level of professionalism.

Financing of entrepreneurial activities in the field of sports.

  • Fax Data is a data bank in the field of e-commerce for sports with a high level of trust and security. This product will allow to carry out the procedure of collecting all necessary information in the world physical culture field. It can be information about suppliers, sports grounds, industry information and much more.

  • Fax Connect is a product for establishing social relationships for the implementation of trading processes in the field of physical culture. As a result, the platform will unite representatives of the sports industry from all over the world in one single place, which will facilitate finding a suitable partner for the criteria that would correspond to a particular user at a certain point in time.

  • Fax Career is a product that makes it easier to find and hire the right employee in the sports field. Users who will be looking for a job will be able to study completely the entire market presented at the moment before taking a weighted decision. Companies will be able to find a talented employee with minimal effort and energy.

How it works:

In this video, in some detail, using examples, tells how the platform Faxport will work, and how its participants can use it for their own purposes. Let's watch this video right now.

Terms of ICO:

Name of the token: FAS
Standard: erc20
Total number of tokens released: 200,000,000
Pre-sale start: March 30, 2018
End of pre-sale: April 18, 2018
ICO stages: April 25 - April 29, April 30 - May 9, May 14 - May 24, 2018
Price of the token: 1 ETH = 3,764 FAS
Accepted currency: ETH, BTC
Minimum investment: 0.1 ETH
Soft Cap: 18,000,000 FAS
Hard Cap: 90,000,000 FAS

About the project's token and distribution:

The internal currency of the project will be a FAS token, which will be designed to perform many operations within the platform, including the purchase of service products on the platform. In order for the user to be interested in storing the FAS token, the project will pay dividends of 15% to its holders every quarter, depending on the Faxport payment rate. As a result, the token will become very popular, the number of users will constantly increase, which will undoubtedly lead to the demand for FAS and the growth of its price.

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Road map:

  • November 2016: The Faxport project team is set up
  • February 2017: Faxport beta operational
  • May 2017: Database covering 40000 projects and companies established
  • August 2017: Faxport enters into a partnership with the Chinese firm Kuaitiyu (no blockchain solutions proposal/)
  • November 2017: Media, recruitment and user system completed
  • February 2018: Faxport reached a co-operative intent in Japan
  • March 2018: FAS Pre Sale
  • April 2018: FAS formally launched
  • June 2018: Faxport officially engages in work in Japan
  • Q3 2018: Reward systems for recruitment, investment and financing, and users are completed atop the blockchain product
  • Q4 2018: Entry into the Korean, Hong Kong, and Taiwanese markets; FAX GO demo launch
  • Q1 2019: Blockchain product 2.0 finished.
  • Q2 2019: Launch data analysis for corporations, as well as internal management and operations systems (Web and mobile clients)
  • 2019: Entry into the North American and European markets

The project team:

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Conclusion:

The project has already been launched and proved to be effective, contractual relations with the leading countries in the field of blockchain and world technologies - China and Japan - were concluded. At the stage of preliminary sales, the funds were collected quickly enough, and this indicates a high interest in the services of the investor platform. On May 14, the third stage of sales will start, which will last until May 24 and there are all the prerequisites that Faxport will reach Hard Cap for this period. The project is really quite promising, the team is ambitious, each representative has to do with a specific sport, and the goals they set for themselves and how they are performed can not lead to any doubts about his future. With the project Faxport, the sports industry market will acquire a fairly convenient tool for its growth and development of sports talents.


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More information can be found here:


Website | Whitepaper | ANN Thread | Bounty Thread | Linkedin |Facebook | Twitter | Telegram


Author:

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Softcap already collected?

Проект очень понравился, буду знать куда стоит инвестировать. Автору спасибо за интересное содержание статьи!

The author you crypto champion. I invest in all your projects. Keep doing reviews like this

nice project overview