What is OryxCash?

in crowdfunding •  6 years ago 

ORYXCASH—THE CURRENCY OF STARTUPS

Oryx Cash is a fundraising platform for startups. The platform revolutionizes the standard venture capital model by making it easier for investors to back projects, which in turn opens up a giant pool of potential capital for nascent companies.

OryxCash is the first ever completely asset derived security token that would serve as your long-term asset, through your investments into different startup and early-stage companies portfolios.

The goal of OryxCash is to increase cooperation between startups and investors and promote growth. OryxCash holders will receive OryxCoin dividends based on the valuation and success of the startup.

OryxCash will be used as a tool for tokenizing the funding process for startups and early-stage companies. An investor wanting to invest in a specific startup company would be allocated a specific number of OryxCash against his/her investment.

OryxCash will empower both the investors and the start-ups, as it acts as their close beneficial partner, which ensures that companies grow and the promoters can opt for raising additional funding for their ventures through the options of equity, quasi-equity, and debt.

OryxCash, originally, is a product developed with the aim of solving seven fringe problems discussed earlier in the article Why Invest in ORYXCASH?

In Short, Oryx acts as a solution to the problems faced by VC industry.

Business Model of OryxCash

Oryx Cash Business Model.JPG

The process is very straightforward; you have to register on the platform and deposit funds through the OryxPay module. With these funds, you purchase OryxCash tokens that give you access to the available Startups that are looking for investors. Once these companies become profitable, their raised profits will be shared with the investors in the form of Oryx Coins. These can be reinvested in the platform or simply used for their store of value or exchanged on any supported crypto exchange.

Be part of this revolutionary model of business.
Invest in OryxCash ICO. Let us together shape a better fintech for tomorrow.

For more Information Visit our website https://www.oryxian.com/ or join our telegram channel https://t.me/oryxianofficialgroup

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!