FAXPORT: Everything you wish to know about the Platform

in #blockchain6 years ago

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FAXPORT is a sports funding platform and commerce service. This plan was begun at the end of 2016 as a team. The corporation was registered in Seychelles this year. It helps an optimistic interaction with sports commerce market by linking directing with service providers, investors, and consumer. With the block method, they can safe encryption and free from the middle trust of a group. Its major aim is to set up transparent and more supporting financial system for sports based on block method. With the assist of block method, they can decrease frauds while doing switch values of assets and while transferring currency.

ABOUT THE FAXPORTPROJECT:

For upright sports business field, FAXPORT has established a “LinkedIn” by applying block technology. By applying this process it will solve crises like resolving information accumulation, Privacy safety, and information falsification and give an environment where there’s just real ID, recruitment surroundings raising the sector’s overall process and a platform for the worldwide sports industry.

If you’re a financier you can invest currency through digital currency on every sports program. FAXPORT will boost the product and service sequence and attach all the stakeholders jointly in sports online commerce. With the help of platform, we can recognize whether one more party is in contact and transfer currency which helps in clearness, effectiveness, and security.

Because of this process, we can decrease the operating price, optimize reserve distribution and lowers overall financial costs. The deal procedure is easier when both sides set up faith in them. This plan is based on ETH’s contract expansion which is usually extensible, recognized, fully realized, standardized, and simple to expand on the basis of the block technology.

BENEFIT OF FAXPORT:

• Transparency
• Security
• Efficiency

ABOUT THE FAXPORT PLATFORM AND ICO OF THE FAXPORT PROJECT:

In the year 2016, there was study report and it turns out that there’s over 40% reply there’s a need for faith and integrity in sports handling organization. This plan was essentially built for the consumer to get a superior experience in belief and security.

Since there’s lack of security and trust lots of participants whether it’s an investor or field employee they’re disaffection themselves from the sports structure. With the assist of FAXPORT new trusting instrument, it will show the business brands and releases improve its trademark value and guide the advancement transversely the world. FAXPORT is collaborators with China since Last year. Li Xiaocheng co-founder of Platform and he’s in charge of commerce solution & marketing. Huang Zhijin a co-founder of Platform who’s in charge of community process and product direction.

FAXPORT TECHNOLOGICAL STRUCTURE

The FAXPORT technological structure has the following aspects:

• Data analysis
• Data application
• Data sources
• Data storage
• Data processing

PLATFORM BUSINESS MODEL

FAXPORT platform will charge a service fee of 5 percent for investment plans, and an array of 0.2% to 2% as a service fee. FAXPORT will make sure that its users do not feel obliged to create payments in order to utilize its services during regular use.

FAS TOKEN

Platform token (FAS) is based on the ERC: 20 ETH standards. A full of 200 M FAS token has been issued. The FAS token can be applied to purchase FX credit on FAXPORT platform, as-well-as fiat money. The key thing to Note that, FX has a worth of $0.1 each one FX). Also, a 15 percent discount exists for FX buying with FAS token. There’ll be a dividend of 15 percent for owners of the FAS each Q. This’ll, though, be based on the service fee of deals on the platform.

USES OF THE FX

• Data reference
• Cross-border accounting
• Contributing data
• Service payments
• Data review

ROADMAP

• Nov 2016 - The FAXPORT project Group is set up
• Feb 2017 – FAXPORT Project beta operational
• May 2017 - record covering 40k projects and companies recognized
• Aug 2017 - FAXPORT enters into a joint venture with the Chinese company Kuaitiyu (no block solutions proposal)
• Feb 2018 – FAXPORT Platform reached a co-operative intention in Japan
• Mar 2018 - FAS Token Pre Sale
• Apr 2018 - FAS Token formally launched
• Jun 2018 – Platform formally connects in work in Japan
• Q-3 2018 - investment and financing, prize systems for recruitment and users are done atop the block product
• Q-4 2018 - Entry into the Hong Kong, Korean, and Taiwanese marketplaces; FAX-GO sample launch
• Q-1 2019 - Block product V 2.0 finished.
• Q-2 2019 - Launch information analysis for corporations, as-well-as interior management and processes systems (mobile clients and Web)
• 2019 - Entry into the USA and EU markets

Link:

Website: https://faxport.io
ANN: https://bitcointalk.org/index.php?topic=3216347
Whitepaper: https://faxport.io/static/Faxport%20Whitepaper_EN.pdf
Facebook: https://www.facebook.com/Faxport_Global-150461205635116
Telegram: https://t.me/Faxportglobal


my bitcointalk name – shans
my bitcointalk url – https://bitcointalk.org/index.php?action=profile;u=1281298

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