FTX ICO Details

Our goal is to serve the underserved and make affordable and secure financing available for small businesses, especially startups to get over their cashflow issues. Getting an unsecured loan can be easy, fast, and affordable with FintruX’s ecosystem of rated agencies, decentralized technology and revolutionary credit enhancements.
FintruX aims to make unsecured loans highly secure. Harnessing over two decades of experience serving the securitization sector, we apply cascading levels of credit enhancements to offer unprecedented risk reduction towards unsecured loans. In turn, this reduces the interest rate required by unsecured loans, making it attractive to both borrowers and lenders.
An unsecured loan is a loan that is not protected or secured by any asset. In this case the lender is taking a lot more risk and would likely charge a higher interest rate. The riskier the loan, the more expensive it will be. We are going to change that.
At FintruX Network we facilitate marketplace lending in a true peer-to-peer network. Through credit enhancement, we improve credit worthiness. The lender is reassured that the borrower will honor the obligation via additional collateral, insurance, and a third-party guarantor. Credit enhancement reduces credit/default risk of a debt, thereby increasing the overall credit rating and lowering interest rates simultaneously.
We are solving three major issues for small businesses, especially startups, to borrow from accredited investors:
1. By applying credit enhancements, FintruX Network seeks to neutralize the lender’s credit risk and, in the case of a default, provide cascading levels of insurances to cover the loss;
2. A unique smart contract is generated and deployed by FintruX Network for each individual borrowing at real time to provide unambiguous, immutable, and censorship resistant records where no arbitration is required;
3. In addition to simplifying the loan application process via instant matching, FintruX Network also provides borrowers with post-funding self-serve administration options such as refinance and prepayment.

Participate in our pre-sale on Jan 7th – 21st to enjoy a bonus of 10% (1 ETH = 1650 FTX)!

For more detailed information about FTX visit:

www.fintrux.com

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