Developing the proprietary trading systems in-house of Ferox that made breakthroughs in different branches of asset management such as algorithmic scalping, event-driven trading, volatility arbitrage, and options market making, and have expanded into cryptocurrency trading since 2017. But Ferox Advisors is a hedge fund which was established in late 2013 specializing in exchange-traded derivatives. As a private company, there will be no public offering in the traditional sense of the term. Having noted interest from various sources into becoming shareholders to participate in all its future cash flows, the company decided to launch a token generation event, so that investors can both benefit from FRX as a utility token while also getting entitled to pro-rata profit share from all company activities.
FRX token utility
Apart from participating stocks in hedge funds, FRX will be the token of choice for betting directly from the Ferox Consulting website. This bet will be a dynamic version of Binary options (or bet on adjustable spreads), the user will be able to make daily predictions about the direction of the rise or fall of the prices of major cryptocurrencies and commodities such as gold, silver, and crude oil and participate in the payment structure guaranteed by the contract smart via FRX token.
Profits from betting activity will also be accumulated on the owner's FRX token every month. Also, FRX tokens will feature standard DeFi, productivity farm, and liquidity exploitation, adding FRX and TRX dividends will be paid to users installing FRX and FRX pairs via our DAPP with their web 3.0 wallet.
What does Ferox allow?
Ferox Advisors Token isn’t designed to allow you to bet on just binary options games. Instead, you can now bet on and predict the prices of cryptocurrencies too. There is no doubt one of the first decentralized platforms that support betting against specific cryptocurrencies. It also allows you to make daily predictions on specific cryptocurrencies. Users can do that by predicting the up and down prices or values of cryptocurrencies. Accuracy in predicting the prices will lead to earning money. Your earnings will be converted to the Ferox Advisors Token (FRX) and would be available for withdrawal at the end of every month.
FRX Token Information:
Name: FEROX (FRX)
Contract: TKTENn9v56yVKHu4obmdQGpe8wFVimczxq
Symbol: FRX
Decimal: 8
Circulating Supply: 700,000,000 FRX
FRX Tokenomics
#FRX Tokenomics Piechart:
700 million max supply. 400 million locked (50% #dividends)
#IDO 20 million $FRX, 20 million Automatic Liquidity Lock
Emission and Allocations
The circulating supply for the year 2021 will be capped at 200 million FRX tokens. The tradable supply for the end of 2022 will be capped at 400 million FRX, and the remaining 300 million FRX will be reserved for project development, AMM liquidity, vested dividends, and prediction markets. Of all the proceeds driven from direct FRX sales, 60% will always go into the proprietary trading account of Ferox Advisors, whose profits will be distributed pro-rata to all token holders who stake FRX quarterly.
Smart Contract Details
FRX is a TRC20 contract, Tron Network is selected as our primary platform of choice because of its speed and efficiency. Also instrumental in our decision was the convenience to integrate multiple wallets directly to Tron Blockchain as evidenced from the success of multiple gaming ventures, which offer similar betting mechanisms to spreads and prediction markets, which we aim to utilize via DAPP’s on our website.
In a nutshell, the project FRX is a trading company that focuses on trading Cryptocurrencies and Derivatives. This company specializes in managing accounts for investors and getting returns based on their investment. Private Companies and Equity Partners can also join the FRX platform. Why not take advantage and buy at FRX Presale? Don't miss this golden opportunity. This project will attract a large market investment and can provide abundant returns for investors.
Learn more about the project:
Website: https://www.feroxadvisors.com
Medium: https://frx.medium.com
Twitter: https://twitter.com/feroxadvisors
Github: https://github.com/opentron/opentron
Telegram: https://t.me/FRXalpha
Authorship
#PROOF OF REGISTRATION Link : https://bitcointalk.org/index.php?topic=5328577.msg56853353#msg56853353
BitcoinTalk username : rudyjavon
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1775685
TRX Wallet Address (TRC20 compatible): TPXHK5bXgdsihhNmX3QTsQKXTtUefgdUSz