Lots of brilliant minds are rushing to what seems to be a new paradigm. The blockchain is so lucrative that it is expanding so quickly, even exchanges can't operate at that pace. Crypto scene is growing bigger by the day, many people are entering, and many brilliant projects are born. People are starting to realize it is not just a get rich fast scheme, but that we can all benefit from the blockchain technology. We can transform the way we work, think and act.
The subject of our next story is a crypto project, called Fintrux. They are solving a real problem in our society. A lot of people can not get loans, and it is becoming a big problem. Fintrux is bringing us a solution powered by blockchain tech, and it is going to bring a true revolution. It will introduce us to p2p lending, secured by blockchain. It will eliminate all middlemen, high rates and everything else that was wrong with the old system. Lenders can rest assured their loans are covered, they have a cascading level of insurance in place. It is using unchangeable smart contracts provided by Ethereum. You can think of a smart contract as a regular contract, but in this case, it is programmed in code. Once it is closed or agreed on, it can not be altered. It is enforced by blockchain, so you are sure you are getting exactly what you agreed on. FTX is a native token on the platform, issued on the Ethereum network as an ERC token. Besides ERC tokens which can fuel the economy of the system, Ethereum brings us smart contracts. Fintrux will solve many problems we have today, and also show the wide public the power of blockchain tech. Also, they will nicely fill in the missing infrastructure of crypto world, making it safer and bigger.
Fintrux is led by Nelson Lin. They have a lot of people in the team like developers, blockchain specialists, lawmen, PR and many more. Together they have knowledge and ability to fight with every challenge that comes their way.
They are also planning a token sale. At the moment sale is in full swing and you can invest right now. It is very successful. Sale will last until up to 28.2.2018. Price is 1 ETH for 1500 FTX tokens. There is a total of 25 000 000 of FTX tokens in circulation. You can participate here: https://www.fintrux.com
ICO is one way to earn tokens, but there is also another one. You can work on the marketing campaigns and earn yourself tokens. Work includes social media campaigns, signature campaigns, translations and other jobs which can help spread word about the project. You can check the rules here: https://bitcointalk.org/index.php?topic=2101606.0
If you want to know the details about this project, your sure bet is to head on the link and read the whitepaper which contains all information about Fintrux. You can find it here: https://www.fintrux.com/home/doc/whitepaper.pdf
Bitcointalk has also a thread for general discussion where you can ask all your questions: https://bitcointalk.org/index.php?topic=2286042
Participate and support Fintrux : https://www.fintrux.com
We wish luck to the people working on this project, and also people who will join Fintrux community.