INVOX FINANCE PLATFORM: decentralized invoice Financing Industry.

in ico •  7 years ago 

Invox Finance is a decentralized peer-to-peer invoice lending platform that will help sellers, buyers, investors and other service providers connect directly. In a nutshell, it aims to create trust in the invoice financing space in order to accelerate transparency between the parties involved and reward their performances, thereby disrupting and revolutionizing the traditional invoice financing industry. Features of Invox Finance includes;

• It is a Decentralized platform: connecting buyers, sellers, investors and other service providers directly, helping them interact, share and distribute information among each other.

• Direct access to investors: being a peer-to-peer lending environment, it will allow sellers to have direct access to investors who are willing to finance their invoices.

• Lower rates for sellers: financing interest rates charged on the invox platform will be far less than that charged by the traditional financier.

• It is a new way for investors to diversify: investors will have the opportunity to invest in products that ordinarily are mainly accessible by banks and large finance companies.

Also, on the Invox Finance platform, investors will be exposed to loan products comprising of loan fragments from a wide variety of business enterprises across industries all over the world.

Invoice financing can be the best short-term funding solution, provided that it is used only when the funds are required to smooth periodic cash-flow bumps. Offering businesses a direct interaction platform based on the blockchain technology with the buyers and sellers. With the help of new invoice feature, hope to create a new system of invoicing based on the Ethereum Smart Contract which allows all the parties to simultaneously update all the information. A charge of 1.1% of the face value will be charged from each seller for the processing and administration fees. Providing all the necessary features on the platform for investors, sellers and buyers, they will be one of the leading platforms for invoice financing in the coming future.

BENEFITS

Access: Governing access and the use of the Invox Finance Platform. That is, govern the terms and conditions of the use of the system by each user (i.e. the seller, investor, buyer and any third party service provider).

Legal: Govern general legal terms and conditions of the relationship, financial terms and conditions and the flow of funds between the seller, the investor, and the buyer, and the settlement of invoices.

Interaction: Govern the interaction between various parts of the Invox Finance Platform. Namely, the interaction between Dynamic Invoice Smart Contracts, the Loans Smart Contracts and the User Access and Processing Hub.

Tokens: Tokens minted by smart contracts are easily auditable and transferable. The smart contracts allow for Invox

Tokens to be used seamlessly inside the platform with sufficient liquidity.

Transparency: Any interested party, which has permission, can view the terms of the transaction on the blockchain ledger.

Reduced fraud risk: Smart Contracts, together with invoice verifications, reduce the risk of fraud and manipulation by any one party - Smart Contracts exist on the distributed ledger and therefore cannot be manipulated or interfered with by a single party.

Reduced counterparty risk: Once the transaction is established between the parties and deployed on the blockchain, the execution of the terms of the smart contract cannot be stopped, interfered with or manipulated.

Decentralized system: Smart Contracts eliminate the risk of trusting the centralized service provider to maintain the integrity of the transaction. The service provider does not have any direct involvement in managing the execution of the terms of the smart contract or the flow of funds between parties.

TOKEN DETAIL

Use Case: Access: Join the platform as a seller by holding Invox Tokens.

Rewards: Get rewarded in Invox Tokens whenever you verify or pay invoices.

Fees: Invox Tokens are used by sellers and investors to pay their respective fees for access.

Token Type: Utility token

Token Ticker: INVOX

Emission Rate: No new coins will ever be created after the ICO.

Token Network: Ethereum (ERC20)

Distribution: Tokens will be distributed 14 days after the token sale ends.

Token Value: 1 ETH = 10,000 INVOX + any bonuses

Pre-sale Max Cap: 2,941 ETH

Pre-Sale Minimum Buy: ETH 1.0

Max Cap: 20,000 ETH

Main Sale Minimum Buy: ETH 0.1

Price: 1 Invox = 0.0001 ETH

ICO

Invox Tokens will entitle its holders to access the Invox Finance Platform through the Trusted Member Program. By participating in the Invox Finance two stage ICO, you will be provided with the opportunity to acquire Invox Tokens at a discount.

Stage 1

Start date: 3/04/18

End date: 16/04/18

20% BONUS

Stage 2

Start date: 17/04/18

End date: 19/04/18

10% BONUS

Stage 3

Start date: 20/04/18

End date: 29/04/18

5% BONUS

Stage 4

Start date: 30/04/18

End date: ICO concludes

0% BONUS

TOKEN ALLOCATION

FUNDS ALLOCATION

MEET THE TEAM

Kind Regards, ensure to join this incredible project.

FOR MORE DETAILS, CLICK/FOLLOW THE LINKS BELOW:

Website: https://www.invoxfinance.io/

Whitepaper: https://www.invoxfinance.io/docs/Invox-Whitepaper.pdf

Facebook: https://www.facebook.com/Invox-Finance-162381191061327/

Twitter: https://twitter.com/InvoxFinance

Instagram: https://www.instagram.com/invoxfinance/

Telegram: https://t.me/InvoxFinanceCommunity

Author: Martilda

Profile link: https://bitcointalk.org/index.php?action=profile;u=1887582

Eth address: 0xd0D5d98857192B3931c831b7B809D47CD830da32

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