[ANN][ICO] FintruX Network - 💲 THE GLOBAL P2P LENDING ECOSYSTEM ✅ 💲

[Retired]

Does the team have experience in this sphere?

Yes. We are backed by a very reputable company Robocoder Corporation and have been developing mission critical financial solutions to banks and financial institutions for the last 20 years. We are very well known in the Canadian financing ecosystem, and we will be leveraging our relationships to take our platform to market.

How is your relationship with Robocoder? Are you owned by them?

[poordeveloper]

Does the team have experience in this sphere?

Yes. We are backed by a very reputable company Robocoder Corporation and have been developing mission critical financial solutions to banks and financial institutions for the last 20 years. We are very well known in the Canadian financing ecosystem, and we will be leveraging our relationships to take our platform to market.

How is your relationship with Robocoder? Are you owned by them?

Maybe they're the developers?

[CryptoDad2017]

Does the team have experience in this sphere?

Yes. We are backed by a very reputable company Robocoder Corporation and have been developing mission critical financial solutions to banks and financial institutions for the last 20 years. We are very well known in the Canadian financing ecosystem, and we will be leveraging our relationships to take our platform to market.

How is your relationship with Robocoder? Are you owned by them?

Hi there. Not 100% clear on the ownership structure, I believe they are setup as two separate companies. However, Nelson Lin is the CEO of Robocoder and of FintruX. This project therefore seems to be an extension of their business into the Blockchain sector. Therefore Fintrux has the full support of Robocoder's team and their partners behind them.

I see this as very good news! Nelson Lin and Robocoder have a proven track record of successful software projects in the financial sector, even winning award along the way.

[FintruX]

Does the team have experience in this sphere?

Yes. We are backed by a very reputable company Robocoder Corporation and have been developing mission critical financial solutions to banks and financial institutions for the last 20 years. We are very well known in the Canadian financing ecosystem, and we will be leveraging our relationships to take our platform to market.

How is your relationship with Robocoder? Are you owned by them?

Hi there. Not 100% clear on the ownership structure, I believe they are setup as two separate companies. However, Nelson Lin is the CEO of Robocoder and of FintruX. This project therefore seems to be an extension of their business into the Blockchain sector. Therefore Fintrux has the full support of Robocoder's team and their partners behind them.

I see this as very good news! Nelson Lin and Robocoder have a proven track record of successful software projects in the financial sector, even winning award along the way.

You got it. Two separate companies, intertwined in this venture. This has a lot of benefits - FintruX can leverage Robocoder's existing extensive relationships in the financing space to go to market and establish key partnerships, and in turn has to be completely transparent and regulation compliant as everything we do will reflect onto the very reputable and established Robocoder Corporation.

[poordeveloper]

Looks like a good way to set things up. Being led by someone experienced is always good.

[cryptomoneyresearcher]

I'm thinking about being a lender. Could anyone tell me how to do?

[heinemannplus]

Which range of loan amounts will be supported?

you mean min max?

yes, that's exactly what I was asking for. I want to know what is the minimum and maximum invest.

min and max invest or loan to give/ take?

For the platform, you can accredited investors/financial institutions can invest the amount they please within their parameters. Usually, this would have no upper limit, but for accredited investors, the minimum could be $150,000 - $1M depending on region.

For the token sale, the min. investment amount is 0.1 ETH.

Hope this answers your questions!

that's means that I can invest whenever I want?

[Huxleyfree]

This seems a interesting project, what is your experience in this sector? I can see reading the whitepaper that the team is enough qualified to make the project successful

[Siamda]

What personal information do I need to provide and what are the requirements I should meet to get a loan?

[rokieinvest]

Does the bounty start already? If it start yet, can I take part in the signature campaign?

[Retired]

What personal information do I need to provide and what are the requirements I should meet to get a loan?

I guess it will depend on the lender?

[CryptoDad2017]

What personal information do I need to provide and what are the requirements I should meet to get a loan?

Hi there! From the way I understand the concept this will depend on a few factors... eg. the terms of the lender, the amount and terms of the loan package, the legal requirements of your locale, and your credit rating at the time of applying for a loan.

As far as personal information, remember that KYC (Know Your Customer), Credit Checks, as well as Identity Verification will all be part of the process. So you will be required to provide personal information similar to what you would for any other loan application.

The difference with the FintruX ecosystem is that you will have lenders competing to instantly match your loan request with an offer, and because of the low fees on the platform, you will get a very low interest rate on your loan compared with traditional financing providers.

[CryptoDad2017]

Does the bounty start already? If it start yet, can I take part in the signature campaign?

Hi! Yes. The bounty has started already. There's a separate thread for that here: https://bitcointalk.org/index.php?topic=2101606.0

[Siamda]

What personal information do I need to provide and what are the requirements I should meet to get a loan?

Hi there! From the way I understand the concept this will depend on a few factors... eg. the terms of the lender, the amount and terms of the loan package, the legal requirements of your locale, and your credit rating at the time of applying for a loan.

As far as personal information, remember that KYC (Know Your Customer), Credit Checks, as well as Identity Verification will all be part of the process. So you will be required to provide personal information similar to what you would for any other loan application.

The difference with the FintruX ecosystem is that you will have lenders competing to instantly match your loan request with an offer, and because of the low fees on the platform, you will get a very low interest rate on your loan compared with traditional financing providers.

It looks like a good option to get a loan. Furthermore, the matching with lenders seems to be very fast.
Is there a minimum or maximum for the loan?

[FintruX]

This seems a interesting project, what is your experience in this sector? I can see reading the whitepaper that the team is enough qualified to make the project successful

Our experience has been serving the securitization sector for the last 20 years in Canada - this is when we identified a need in the industry for FintruX - and our funders agree too. This fills a very specific niche that the global financing market is missing.

What personal information do I need to provide and what are the requirements I should meet to get a loan?

Hi there! From the way I understand the concept this will depend on a few factors... eg. the terms of the lender, the amount and terms of the loan package, the legal requirements of your locale, and your credit rating at the time of applying for a loan.

As far as personal information, remember that KYC (Know Your Customer), Credit Checks, as well as Identity Verification will all be part of the process. So you will be required to provide personal information similar to what you would for any other loan application.

The difference with the FintruX ecosystem is that you will have lenders competing to instantly match your loan request with an offer, and because of the low fees on the platform, you will get a very low interest rate on your loan compared with traditional financing providers.

It looks like a good option to get a loan. Furthermore, the matching with lenders seems to be very fast.
Is there a minimum or maximum for the loan?

In our current model, there would a min of ~$3000 US, and max of $300,000 US, spanning over 3-24 months. This is strategically aimed towards SMEs and startups that require cashflow in their first few months/years of business.

[rokieinvest]

Does the bounty start already? If it start yet, can I take part in the signature campaign?

Hi! Yes. The bounty has started already. There's a separate thread for that here: https://bitcointalk.org/index.php?topic=2101606.0

thank you, and do you know how long have I to keep the signature in my account?

[FintruX]

Does the bounty start already? If it start yet, can I take part in the signature campaign?

Hi! Yes. The bounty has started already. There's a separate thread for that here: https://bitcointalk.org/index.php?topic=2101606.0

thank you, and do you know how long have I to keep the signature in my account?

Participants need to keep the signature until the end of Tokensale (Februrary 28th 2018 17:00UTC). However, we are thinking of changing up the structure to a reward based system, where the users who have held the longest will receive more bounties exponentially - so stay posted!

[rokieinvest]

Does the bounty start already? If it start yet, can I take part in the signature campaign?

Hi! Yes. The bounty has started already. There's a separate thread for that here: https://bitcointalk.org/index.php?topic=2101606.0

thank you, and do you know how long have I to keep the signature in my account?

Participants need to keep the signature until the end of Tokensale (Februrary 28th 2018 17:00UTC). However, we are thinking of changing up the structure to a reward based system, where the users who have held the longest will receive more bounties exponentially - so stay posted!

and stakes will be assigned every week or when the ICO finish?

[FintruX]

Does the bounty start already? If it start yet, can I take part in the signature campaign?

Hi! Yes. The bounty has started already. There's a separate thread for that here: https://bitcointalk.org/index.php?topic=2101606.0

thank you, and do you know how long have I to keep the signature in my account?

Participants need to keep the signature until the end of Tokensale (Februrary 28th 2018 17:00UTC). However, we are thinking of changing up the structure to a reward based system, where the users who have held the longest will receive more bounties exponentially - so stay posted!

and stakes will be assigned every week or when the ICO finish?

Stakes will be assigned every week. We are slowly transitioning to the second structure, to benefit our supporters! So if you sign up now, you will be an early participant in the bounty, earning exponential bounties over your peers.

[cryptomoneyresearcher]

I'm wondering, what is the price of FTX? Is there some special compensation or bonus?