SECURIX: WORKING TOWARDS A BETTER BLOCKCHAIN MINING INDUSTRY

SECURIX: WORKING TOWARDS A BETTER BLOCKCHAIN MINING INDUSTRY | Ecency

This article is based on my personal review on the stated project, its not an investment advise but a guide to give investors on some notable ICOs that may likely make remarkable impact in the blockchain industry.

The blockchain mining industry has been around since the bitcoin boom, individuals and brands coming in to experience, utilize and invest in the sector. As interesting as it is, it has been described as a challenging sector due to the ever increasing demand for power consumption to sustain the process, the required hardware and a pretty high cost of maintenance. Such has made the industry redundant and less productive as most brands has phased out of existence because they can't cope with the demands but Securix seems to be up to the challenges that the industry is known for and ready to change the niche from the usual.

Securix admits of the risk involved in investing, especially in a sector as blockchain mining but they believe that their token is more stable due to their ROI which is calculated on a year average bitcoin price. The key to investing in Securix is through the acquisition of it's token, such grants the holder access to their mining services. Securix is a crypto mining project that issues out monthly returns of investment to holders of it's token, such will be done at the end of each month, as the holder will be sent a certain percentage of profit directly to their wallet ERC-20 wallet in the form of ether and the question is, why ether?.

A couple of reasons exist as to why they issue out ether to holders and not bitcoin, well, Securix is an ERC-20 token with the intention of creating what they call a "mega vault", an app where an investor can store/ transfer their SRXIO tokens, which also increases the status of holders, keeps investors up to date about Securix news and help in the interaction between Securix and the investor, creating room for transparency in the entire ecosystem. The decision will also make it easier for investors to trade SRXIO tokens on ERC20-compatible crypto exchanges (trading platforms) in future and Bitcoins cannot be distributed through an Ethereum blockchain. So the decision will create less risks, less exposure and higher rewards for holders.

The revenue allocation is strategically planned to provide the best results for the brand. 45% of the regenerated revenue will be issued out to holders on a monthly basis, 37% will be allocated to handle electricity, which is an intricate part of the process that needs a lot of attention, 10% will be reserved for the improvement and purchasing of hardware and the remaining will be reserved for the brand. The sharing formula will help sustain the brand from the disadvantages that has been known to affect the industry, creating a more sustainable system that will last.

Securix tends to deliver a robust platform, the team sees security as a necessity for the protection of data, measures will be put in place to address such issues with state of the art security system. They also intend to use a decentralized energy platform known as EAN-EAN to buy green energy without any intermediaries involved, saving costs, ensuring uninterrupted power supply and implementing a safe means of power generation.

With an effective team, a means of addressing power supply, proper security and an effective managerial skills that will ensure the proper dissemination of allocation, Securix stands a chance of breaking the jinx that has be known to plague the industry. They have a very vibrant community and the links below will guide you on taking the necessary steps in the acquisition of SRXIO tokens.