Invox Finance - ICO Review

About Invox Finance

The Invox Finance Platform is an invoice lending platform disrupting a US $ 2.8 trillion industry. Lead by a stellar team with over $ 30 million of invoice financing behind them, Invox Finance is creating a decentralized peer-to-peer invoice lending platform that allows allow sellers, buyers, investors, and other service providers to directly connect, interact, share and distribute information.

Key Partnerships
Invox has recently announced two key partnerships and each will play a vital role in this projects success.

Celsius Network

The first partner announced was the Celsius Network. The Celsius Network is a P2P decentralized lending and borrowing platform.

This may sound a lot like Invox but is less specialized overall. The two platforms will work together in this way:

Businesses on Invox will offer their invoices to investors.
Lenders (Investors) from Celsius Network will provide the financing for these invoices.
In a nutshell, Celsius Network is going to provide a built in lending base for Invox.

SelfKey

SelfKey is a digital identity platform that allows identities to be verified via the blockchain.

SelfKey will provide KYC and identity verification during the tokensale but more importantly it will continue to provide its services during the operational phase of Invox.

By partnering with SelfKey, Invox can assure its customers that their money and invoices are safe.

Summary
Invox Finance has paired up with two solid projects that offer vital services, a lending base and KYC. Integrating with projects will allow the team to focus on their own mission without having to spend time and resources on KYC or immediate lending base acquisition.

Currently, the invoice financing industry is held back by:

High interest rates
Lack of contact between parties
High risks
Lack of investment diversity
Disputes
Defrauding
Insolvency

Invox Finance's decentralized platform allows dynamic invoices to be created on a distributed ledger, benefiting all parties from an increase in trust, transparency, efficiency, and security with minimum fees. Invoice fragmentation allows investors to spread their risk across invoices, allowing for very low-risk investments with maximum returns.

The founders of Invox Finance have many years experience running a successful invoice financing company in Australia - ABR Finance. ABR Finance has been in operation since 2012 with $ 30 million AUD in invoicing, across a broad range of industries including IT, wholesale, construction, transport, engineering, equipment and labor hire, publishing and professional services. ABR Financing will also partner with the Invox Finance Platform to provide an initial reputable investor for sellers.

Currently, only one other competitor in the world - Populous Invoice Discounting, who has a market cap valued at over $ 800 million dollars at the time of writing. Invox Finance has the utmost respect for the goals the Populous team is aiming to achieve. The currently centralized invoice financing environment is in need of disruption, and both Invox Finance and Populous are at the front line.

Current invoice financing methods are stagnant and in need of disruption. Invox Finance solves the:

1 Lack of contact between involved parties
2 Transparency issues surrounding the process
3 Security issues
4 Risks for investors
5 Risk of fraud

through the creation of dynamic invoices on a distributed ledger, connecting buyers, sellers and investors throughout the entire process.

Invox differs from Populous in these cases:

1 The inclusion of the buyer in the platform
2 Creation of dynamic instead of static paper-based invoices
3 Equal access for investors (no bidding on invoices)
4 Loan fragmentation
5 A greater amount of invoice financing experience

Initial Coins Offer
Be an early adopter
Participate in ICO to pre-purchase your membership to the platform.

Pre-sale Max Cap

2,941 ETH ~ $ 2.5 million USD
Minimum Minimum Purchase Sale
ETH 1.0

Max Cap

20,000 ETH ~ $ 17m USD
Buy Minimum Purchase Minimum
ETH 0.1

Sales Structure
PRE-SALE LIVE
15/03/18
00:00:00 UTC
for
24/03/18
23:59:59 UTC
30% BONUS

ANGEL DAYS
15/04/18
00:00:00 UTC
for
16/04/18
23:59:59 UTC
20% BONUS

DAY 3-5
17/04/18
00:00:00 UTC
for
19/04/18
23:59:59 UTC
10% BONUS

DAY 6-15
20/04/18
00:00:00 UTC
for
29/04/18
23:59:59 UTC
5% BONUS

DAY 16-30
30/04/18
00:00:00 UTC
for
14/05/18
23:59:59 UTC

Financial

Info tokens
TokenINVOX
PlatformEthereum
TypeERC20
Investment info

Min. investment0.1 ETH
AcceptingETH
Distributed in ICO55%
Hard cap20000 ETH
Country = Australia
Whitelist / KYC = KYC
Restricted = areas USA, China

Road Map

1
Stage 1
Invest A $ 500,000 in cash as capital
Create an initial community
Develop the whitepaper
Prepare to conduct the ICO
Define the system framework
Engineer the Dynamic Invoice Smart Contract

2
Stage 2
Develop the MVP
Conduct the ICO

3
Stage 3
Complete the MVP
Start user testing to guarantee the release of a quality product

Our partners
Bringing Invox Finance to all corners of the world.