Invox Finance is a revolutionary platform created on the Ethereum Network as a decentralized solution for the Invoice Financing World.
For understanding purpose, Invoice Financing is simply a model organizations use to raise capital/funds for their businesses, whereby they stake/exchange the invoice of the amount receivable from clients/customers for cash.
| Problems Identified with Tradinal Invoice Financing | Decentralized Solutions created by Invox Finance |
|---|---|
| • No direct contact between parties | • Connecting Sellers to Investors directly |
| • Risk Invalid invoices | • Dynamic Invoices for real time access by buyers |
| • Risk of Defrauding | • Foster trust and transparency between all parties |
| • High legal costs | • Lower Rates to obtain financing |
| • Disputes between parties | • Fractionalised Loans to allow investors purchase from a larger pool and reduce their overall risk profile. |
| • Insolvency | • Diversity for Investors |
Source
Tokens will be sold at a discount (30% presale bonus) during the ICO.
Token Sale Starts on 15 March(8am CET) and ends on the 23rd March 2018 (23:59 CET).
No initial knowledge of blockchain is required. It has a user friendly interface for easy interaction. Payments can be made in fiat currencies too.
InvoxFinanceTokenSale
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@moworks for the privilege to participate in this contest and most especially be enlightened about the Invox Finance platform.