Invox Finance is a platform which is based on peer to peer lending. However, it is based on the invoice financing industry. This means that it will cater to small businessmen as well as larger businesses as well. Currently, this industry is pretty unorganized. Most of the bank’s as well as financial institutions actually keep away from this industry. This is what creates a huge opportunity for this particular platform in this niche.
Moreover, with the help of smart contracts system, this platform will be able to limit the risk. The lender will understand what are the terms of the contract. Also, the execution of the contract will be flawless as well. This will mean that the lenders are able to recoup the money quite easily. Moreover, since it is a decentralized platform, you can be sure that it will be much more secure. With the help of dynamic invoices from many different businesses, the lenders will have a choice for lending. Owing to the platform based on the blockchain technology, the fees will be on the lower side. When the fees are on the lower side, it will automatically become easier for the lenders as well as the burrowers to transact on the platform. This will significantly increase the potential of the platform. Currently, the platform is coming out with an ICO.
Invox Finance ICO:
- Date of ICO: 15-04-2018 to 14-05-2018
- Token acronym: INVOX
- Platform: Ethereum
- Currencies accepted: ETH
- Minimum investment: 0.1 ETH
- Hard cap: 20,000 ETH
Thus, if you’re looking to invest in a blockchain-based company which is based in the finance industry, this one provides you with a unique opportunity. Moreover, since the minimum investment is on the lower side, it will be easier for you to invest only for the sake of diversification. The opportunity in this industry is pretty huge as this is a highly underserved market and it is unorganized as well.
Visit official site: https://www.invoxfinance.io/
- Official link: https://www.invoxfinance.io/
- Link to Whitepaper: HERE
- Official Bitcointalk thread: HERE
- My Bitcointalk profile: HERE