Invox Finance project overview – decentralized lending platform.
Invox creates a platform through which lenders can meet with organizations and individuals that need credit for a variety of purposes. This will make it possible to take a significant step forward in lending, which today has many imperfections, such as high interest rates, insolvency problems and the presence of intermediaries.
Invox Finance platform
Invox Finance team creates a completely new lending model which has no analogues today in the lending market. To date, lending is a huge market which is about 3 trillion dollars a year. This is a huge part of the economy in which despite its huge volume there are many imperfections, many items that must be improved or changed. The Invox Finance team will introduce such an innovation as risk management for investors, which will allow them to efficiently allocate funds and minimize their risks. The system will ensure that each of the parties, creditors and lenders comply with the credit requirements imposed on them, which will significantly increase efficiency and will inevitably lead to lower interest rates, which will occur in consequence of reducing risks and increasing competition. Thanks to blockchain and smart contract, transparency and honesty of all transactions will be guaranteed, which will also reduce risks and increase profitability.
Also, the reputation system will be implemented in the platform, thanks to which each party will be able to get acquainted with the history of work in the lending market of its opponent. The reputation system will be an additional incentive that will promote open and honest work in the lending market. Such advantages of the project as reduction of document circulation reduction of risks for contractors and variability in lending will be realized . For the implementation of the project Invox Finance gathered experts with extensive experience behind the scenes in the lending market as well as experts in blockchain, which will ensure the success of the project and the demand for the product in the lending market.
Details of the ICO and selling tokens
Token sale : From 20 April to 14 May
Token type : ERC20
The price per token: 1 Invox = 0,0001 ETH
Minimum investment – 0,1 ETH
Total tokens: 1,000,000,000 GIFT
Website – https://www.invoxfinance.io/
Telegram – https://t.me/InvoxFinanceCommunity