Hello guys I'm here to talk to you about Bixtrim This project is one of the first of its kind & it takes a colossal effort from both the team and the community, I am sure that this project will occupy a leading position in the crypto market. This project is based in the ethereum blockchain. The foundation of the Bixtrim platform using the blockchain technology to ensure safety, stability and transparency at a level unattainable by the solutions available so far. An excellent project with interesting opportunities, which through the power of blockchain will actively develop. Blockchain technology has truly allowed innovative developments in the financial services sector. Take for example, cryptocurrencies are already being used for fund transfers in many countries across the globe. Decentralization, fast speed, high security, and low transaction costs are part of the advantages enjoyed by these digital currencies over fiat money.
One way in which the blockchain is changing the financial sector, as we know it, is its use in designing a new payment platform for making lightning fast cross-border fund transfers. Yes I know what you are thinking, What is Bixtrim platform? And how to use this platform?
Bitrix is a multifunctional blockchain-based platform with cryptomarket features, products and services. Bixtrim is an exchange platform, based in Tbilisi, Georgia. Multifunctional platform:
BXM Token.
Pawn Shop.
Plastic Card.
New Coin.
Exchange Platform.
Unique Payment System.
Scalable Transfer System.
Current Challenges in Financial &
Crypto Markets:
1.Lack of connection between Crypto and Traditional: The crypto and the traditional financial markets are quite segregated for a participant attempting to cross over or move their capital from one market to the other.
2.Current Market Ineffective Structure: Time is of extremely high value for people who engage in trading or seek
financing. Unfortunately, due to having a highly centralized data processing
structure in the financial world, a great deal of time will be lost, leading to loss
in lead and edge.
3.High Fees in Financial Markets: A large number of intermediaries such as primary banks, brokerage firms and
intermediary banks are usually involved in trading and financing activities,
which means that high fees are being deducted from investors on multiple
stages. Excessive bank and brokerage fees can be unattractive and debilitating
for investors looking to access different markets.
4.Impractical Crypto Exit Strategies: Transferring funds in bull markets is quite hard, never mind in bear markets.
We have seen the drop in crypto prices in late 2017 and how it impacted a lot
of crypto participants as they were either unable to liquidate their tokens into
other financial instruments or were forced to pay large fees to do so.
5.Lack of trust in Crypto Markets: The difficulty of transferring current holdings to the crypto markets in terms of diversification, liquidity, bias to price discrimination and lack of consistently available market services, has deemed the exponentially growing market
unreliable to prospective participants and in turn limiting them from entering.
Moreover, the lack of knowledge in the market about blockchain, smart contracts and the variety of possible useful implications, have caused the participants to turn down profitable investment opportunities.
6.The owners of cryptocurrencies cannot exchange their currencies for fiat money instantly.
Advantages of the Bixtrim platform:
• Upcoming cryptocurrency can easily list on their Exchange.
• This will enhance the liquidity of the monetary market.
• The provide ideal marketplace and it is 100% safe.
•User friendly digital exchange and secure wallet.
.Bixtrim will develop a crypto pawnshop where coin owners can pawn their coins for some period and retrieve their coins after meeting their financial commitments.
.card issued to customers
.Bixtrim is in close partnership with one of the leading microfinance organizations in Georgia.
Platform’s Success
The success of the Bixtrim platform will benefit BXM token holders by providing increased price stability, leading to a higher value of customer’ token assets.
..Tokens allow lower commissions on exchange platforms, which means that their
market price will not be limited.
..Tokens provide room for lower commissions in a pawnshop, which means that their
market price will not be limited. The more coins are pawned, the more valuable BXM
tokens will become.
..Tokens can be exchanged to new cryptocurrency released by Bixtrim in the near
future, which means that their market price will not be limited – the higher rises the
price of coin, the valuable BXM tokens will become.
Benefits of users and token holders BXM Tokens will be:
Existing but upgraded functions such as saving, trading, exchange of cryptocurrencies, and so on.
Brand new innovative opportunities such as:
○ Pawnshop – Function allowing pawning cryptocurrencies.
○ Futures – Supporting transactions planned on a determined date.
○ Escrow – Supporting deals with a pre-defined independent principal.
○ Multifactorial authentication - Verification using several steps.
○ Payment Cards – Exclusive product, attached directly to cryptocurrency.
Roadmap
Stage 1
Develop Exchange Platform $6 MLN
Stage2
Launch Pawnshop & Futures Feature, Improve Exchange Platform $8 MLN, TOTAL $14 MLN
Stage3
Issue New Coin, Improve Exchange Platform, Get Banking License $12 MLN, TOTAL $26 MLN
Stage4
Issue Plastic Card & Improve Exchange Platform $25 MLN, TOTAL $51 MLN
Token characteristics:
Token name: BXM
Emission volume: 72 000 000 tokens
Blockchain platform: Ethereum
Token standart: ERC20
Team
Advisors and partners
Conclusion
I like your project and its implementation plan. This is not like any other token, their website, white paper and roadmap says alot about them. Good luck to you in the future with this promising project. A good project with great potential that promotes interesting ideas and innovations. Strong and professional team. This project deserves more attention to the public, it is promising and I think it will be a great success.
For more information you can find on these links:
Website: https://www.bixtrim.com/en/
Telegram: https://t.me/bixtrim_ico
Whitepaper: https://www.bixtrim.com/en/whitepaper.html
Facebook: https://www.facebook.com/bixtrim/
Twitter: https://twitter.com/bixtrim_llc
Steemit: https://steemit.com/@bixtrim
Author by Harrison White
https://bitcointalk.org/index.php?action=profile;u=2154973;sa=summary
Bitcoin username: Harrisonnn
