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

[tokenwar]

Do you have an explainatory video or something like this of the project?

I've not found a video, but everything you need to know about the project is on the website: https://www.fintrux.com/index.aspx
Whitepaper is here: https://www.fintrux.com/home/doc/whitepaper.pdf

Yes, if you take a look at the whitepaper you'll find everything you need.

Thanks I will read it meanwhile.

[Siamda]

Can I still join to telegram group?

I think so, I joined recently! You must to select the link in the first post and join to the group 

as I understand you can join to the bounty campaign whenever you want during the ICO

ok, can anybody pass me the link or the bounty campaign has her own topic?

There is a thread only for the bounty campaign.
You can follow this link https://bitcointalk.org/index.php?topic=2101606.0

[styca]

Do you have an explainatory video or something like this of the project?

I've not found a video, but everything you need to know about the project is on the website: https://www.fintrux.com/index.aspx
Whitepaper is here: https://www.fintrux.com/home/doc/whitepaper.pdf

We actually have a brand new video in the works which explains our value proposition in 60 seconds. Out this week so stay tuned (:

That is excellent news, a short and snappy overview is exactly what draws people in... look forward to seeing it

[poordeveloper]

Do you have an explainatory video or something like this of the project?

I've not found a video, but everything you need to know about the project is on the website: https://www.fintrux.com/index.aspx
Whitepaper is here: https://www.fintrux.com/home/doc/whitepaper.pdf

We actually have a brand new video in the works which explains our value proposition in 60 seconds. Out this week so stay tuned (:

That is excellent news, a short and snappy overview is exactly what draws people in... look forward to seeing it

Indeed, a video will be much simpler and easier to understand.

[styca]

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.

[FintruX]

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.

[cryptomoneyresearcher]

What gas limit should we use for investing?

[FintruX]

What gas limit should we use for investing?

Detailed instructions will be posted on the website when sale is live, but for now my answer is 200,000.

[rokieinvest]

Can I still join to telegram group?

I think so, I joined recently! You must to select the link in the first post and join to the group 

as I understand you can join to the bounty campaign whenever you want during the ICO

ok, can anybody pass me the link or the bounty campaign has her own topic?

There is a thread only for the bounty campaign.
You can follow this link https://bitcointalk.org/index.php?topic=2101606.0

Thanks iam going to register in the bounty campaing

[FintruX]

Can I still join to telegram group?

I think so, I joined recently! You must to select the link in the first post and join to the group 

as I understand you can join to the bounty campaign whenever you want during the ICO

ok, can anybody pass me the link or the bounty campaign has her own topic?

There is a thread only for the bounty campaign.
You can follow this link https://bitcointalk.org/index.php?topic=2101606.0

Thanks iam going to register in the bounty campaing

Wonderful! I see that you currently have no signature. Please feel free to wear ours for extra bounty!

[Siamda]

Can I still join to telegram group?

I think so, I joined recently! You must to select the link in the first post and join to the group 

as I understand you can join to the bounty campaign whenever you want during the ICO

ok, can anybody pass me the link or the bounty campaign has her own topic?

There is a thread only for the bounty campaign.
You can follow this link https://bitcointalk.org/index.php?topic=2101606.0

Thanks iam going to register in the bounty campaing

Wonderful! I see that you currently have no signature. Please feel free to wear ours for extra bounty!

I've token a look at the bounty campaign but I don't understand very well the rules. Can you summarize?
I'm waiting to be Jr. Member to have this bounty!

[FintruX]

Can I still join to telegram group?

I think so, I joined recently! You must to select the link in the first post and join to the group 

as I understand you can join to the bounty campaign whenever you want during the ICO

ok, can anybody pass me the link or the bounty campaign has her own topic?

There is a thread only for the bounty campaign.
You can follow this link https://bitcointalk.org/index.php?topic=2101606.0

Thanks iam going to register in the bounty campaing

Wonderful! I see that you currently have no signature. Please feel free to wear ours for extra bounty!

I've token a look at the bounty campaign but I don't understand very well the rules. Can you summarize?
I'm waiting to be Jr. Member to have this bounty!

Well there are a lot of bounty campaigns you can participate in. If your bitcointalk ranking is not high enough, please feel free to join our Facebook/twitter bounty! All you have to do is retweet/share our content, and/or like it (:

[styca]

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.

Thanks for taking the time to write such a detailed reply.
It helps a lot, and I'll be sure to point people back to that post if they need an explanation

[tokenwar]

What is the next step in your calendar?

[Siamda]

Can I still join to telegram group?

I think so, I joined recently! You must to select the link in the first post and join to the group 

as I understand you can join to the bounty campaign whenever you want during the ICO

ok, can anybody pass me the link or the bounty campaign has her own topic?

There is a thread only for the bounty campaign.
You can follow this link https://bitcointalk.org/index.php?topic=2101606.0

Thanks iam going to register in the bounty campaing

Wonderful! I see that you currently have no signature. Please feel free to wear ours for extra bounty!

I've token a look at the bounty campaign but I don't understand very well the rules. Can you summarize?
I'm waiting to be Jr. Member to have this bounty!

Well there are a lot of bounty campaigns you can participate in. If your bitcointalk ranking is not high enough, please feel free to join our Facebook/twitter bounty! All you have to do is retweet/share our content, and/or like it (:

I thought that there was only one bounty campaign. That's great I can join them meanwhile! Facebook and twitter doings seem very easy to achieve.

[FintruX]

FintruX is the highest rated ICO on ICO Bench! Join the Pre-Sale by clicking below!

[Jupiter13]

FintruX is the highest rated ICO on ICO Bench! Join the Pre-Sale by clicking below!

Congratulations! That's a good new. This is the link for registration, isn't it?

[cryptomoneyresearcher]

What is the next step in your calendar?

You have the answer in this page. The registration period has start!

[FintruX]

FintruX is the highest rated ICO on ICO Bench! Join the Pre-Sale by clicking below!

Congratulations! That's a good new. This is the link for registration, isn't it?

Correct! Please make sure you pre-register for the token sale to participate!

[poordeveloper]

FintruX is the highest rated ICO on ICO Bench! Join the Pre-Sale by clicking below!

Congratulations! That's a good new. This is the link for registration, isn't it?

Correct! Please make sure you pre-register for the token sale to participate!

Congratulations on the rating! 4.8 is extremely difficult to achieve.