🔒 FintruX makes unsecured loans highly secure. 🔒
Check our video and find out how it works!  |
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Hi everybody, week 17 bounty spreadsheet has been updated. Thank you for all the ongoing support! As usual, if you do not find your contribution listed correctly, please ensure that you have updated your contribution on the the Bitcointalk bounty thread ( https://bitcointalk.org/index.php?topic=2101606.60) and send me a PM on gitter to verify and update. If you are a participant in the bitcointalk signature campaign, please check your email as the private spreadsheet to track your stakes has been shared with you. |
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Interview with the Founders of FintruX - The Global P2P Lending Ecosystem |
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Hi everyone! What's the situation about the video? Did they publish some explanatory material yet?
Hey there, since you asked so nicely, we just released our video hot off the press at https://www.youtube.com/watch?v=1bRa4nPxi9s. Full announcement to come. Enjoy! |
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Do you plan to have the whitepaper in more languages?
Yes, our whitepaper is currently being translated to 8 different languages! If you have a particular language you wish to see our WP translated to, please let us know. |
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We are happy to announce that we partnered with Bloom! 🚀
You can find further information on our blog. |
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I've just registered to try the demo and there is a problem. Login Failed.
Can I contact with anyone to solve it?
Please email info@fintrux.com with your problem and a technician will get back to you! |
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will the project create an app or it will be through a website?
Our project will be live on our website at www.fintrux.com |
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Please join us in giving a warm welcome to the new FintruX Legal Advisors! Welcome! Who are the new legal advisors? Can we see their experience? Please click on the image to learn more about their expertise and how they are working tirelessly to ensure our success! |
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what is the objective of this project? permit a online loan?
Better if you read with patience the whitepaper. There, there in a good explanation about the project. where can i find the whitepaper? is there a short version or summary? Here you are: https://www.fintrux.com/home/doc/whitepaper.pdfI didn't see a short version but in the first post or in their site you can see some information too. The summary of our whitepaper can we be found by simply reading through our website! We definitely recommend that you take a look at our whitepaper when you have the chance, as we delve into much greater detail as we explain our value proposition. |
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Hi everybody, week 16 bounty spreadsheet has been updated. Thank you for all the ongoing support! As usual, if you do not find your contribution listed correctly, please ensure that you have updated your contribution on the the Bitcointalk bounty thread ( https://bitcointalk.org/index.php?topic=2101606.60) and send me a PM on gitter to verify and update. If you are a participant in the bitcointalk signature campaign ( https://goo.gl/forms/X7wu7J78t6pAyTw03), please check your email as the private spreadsheet to track your stakes has been shared with you. |
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You can solve some of your questions if you go to their site. www.fintrux.com Is there any subpage where they can help you? We are answering questions 24/7 on our telegram channel! Definitely feel free to come in and check us out at t.me/FintruX How will the project guarantee that the lender receive their loan back?
They have a plan for these situations in which the borrower don't pay. You can see it at the whitepaper, sure. Good to know it. Anybody knows where can I find it, in what page? Page 2 gives an overview. Basically there is 10% of each loan collected as collateral, plus guarantors, plus third party insurance. There is also this from earlier in this thread: The front page of the website and the opening post in this ANN thread do a very good job of explaining the nature of the project and what makes FintruX stand out from the competition.
One thing I would love to see though is some example cases to really give people an extra clear picture of how it all works, e.g. Alice registers as a lender, Bob takes out the loan and pays it all back, then Charlie takes out a loan but doesn't pay it back, etc., going on to show how the bad debt is covered, how credit worthiness is established and affected.
Hi Styca, that's a wonderful question. Please allow me to paint a clear picture, using your example. If 'Charlie' doesn't pay, the following will occur: - ~1 day delinquent: email goes out - ~3 day delinquent: email and text message go out - ~7 day delinquent: email and text message and collection calls go out - after ~1 month of no payment: over-collateralization kicks in - after ~2 months of no payment Guarantor gets notified - after ~3 months of no payment: Guarantor gets called upon to provide full balance payment... and if no guarantor then client will get paid from the cross-collateral pool and ultimate reserve pool for overage. Self serve refinancing option is available to borrowers to avoid delinquencies. The number of times, amounts and terms are presented by the lenders upfront. Lenders can rate their borrowers at the end of term from 1 to 5 stars with written review. It would be silly for the borrowers to destroy their reputation for future borrowing. In the future, APIs can be used to connect to our systems so lenders in banks, small firms, etc. can use our well established ratings to determine eligibility their clients. Currently, if you want to borrow from a different bank within the same city, they have different fees/waiting periods because each bank has a different internal record of your credit. We are solving that. That's what I was saying. Really good plan to solve problems. what do you mean when you said delinquent? A delinquent borrower refers to a borrower that does not pay their loans back on time, or defaults completely. |
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Is there a media kit which includes official Fintrux logo and branding materials?
That can be available upon request. Please email info@fintrux.com with the purpose and use of the materials! |
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For those that want them, the bonus levels are available on the website: https://www.fintrux.com/tokensale.aspxThe pre-sale starts at 10%, then drops to 5% later on. The main sale starts at 5% then drops in stages to 0%. Are the bonuses changing with time or how? I guess that they will change every week or something like this. The bonuses change based on the amount sold! Please see our chart below:  |
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Hi everybody , week 15 bounty spreadsheet has been updated. Thank you for all the ongoing support! As usual, if you do not find your contribution listed correctly, please ensure that you have updated your contribution on the the Bitcointalk bounty thread ( https://bitcointalk.org/index.php?topic=2101606.60) and send me a PM on gitter to verify and update. |
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What does your private presale mean?
Maybe they say private beacause you have to register in their website before to buy tokens. I don't know, I'd like they to clear it to me. Private sale means that we will be very restrictive in accepting KYC submissions to our whitelist. We want to make sure all our supporters get a chance to participate and get their FTX tokens, so we will be letting participants in gradually. Full details to be released closer to the start of the sale. |
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Learn everything you need to know
about our Crowdsale & KYC in our new blog post. Is new the website? Do you have another site? is the other site still working or isn't it available yet? The site works, the user that quoted it was a newbie member on bitcointalk and the link got removed on her post. Please use the above to access the blog post! |
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Learn everything you need to know
about our Crowdsale & KYC in our new blog post. |
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The Founders Spoke at VanFunding 2017 about
FintruX Providing Financing Liquidity to Startups |
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