Review FinWhaleX (FWX) - P2P Crypto-Fiat Lending Platform

FinWhaleX is a crypto-fiat P2P loan platform that provides access to loans anywhere together with anytime. The FinWhaleX platform allows you lot to accept or supply loans together with is a mediator together with non a bank.

Reliable, Fact-based Business

Р2Р — this is peer-to-peer lending, in which the loan is provided by private investors at an agreed interest rate. Banks and MFIs are not involved in the chain, which greatly facilitates the achievement of results.

Studies of relevant organizations speak in favor of further scaling this area:

• A report published by Allied Market Research in March 2017 indicates that the peer-to-peer lending market will reach 460 billion USD by 2022, increasing by an average of 51.5% per year.
• The Adroit Market Research study dated May 8, 2019 showed that the capacity of the global market for P2P lending in 2017 was estimated at 231 billion USD with a potential of threefold increase over the next 8 years (until 2025 .).

This type of lending is gaining momentum, more and more P2P sites are emerging, the volume of transactions is growing. This suggests that investing in such a business is currently one of the most profitable and low-risk ones.

 How FinWhaleX Works  

1. You home a loan application

When creating your loan application, the Borrower sets parameters according to his option (amount, interest, period, etc.). We recommend evaluating the parameters of other applications that induce got been placed on FinWhaleX - lenders pick out the almost profitable application for themselves. You tin terminate pick out when to secure loan applications amongst collateral. There are 2 ways available. On the 1 hand, you lot tin terminate home guaranteed loan applications that are to a greater extent than attractive to creditors. On the other hand, you lot tin terminate transfer the sum of collateral required after the creditor receives your application. When placing a loan application, you lot call for to pay a transaction fee of 0.5% of the loan sum depending on the loan period.

 2. Loan providers have your loan application

All creditors guarantee to fulfill their obligations for applications received. After the lender receives the application, FinWhaleX volition generate a multisig address specifically where your collateral (bitcoin) volition live stored until the terminate of the loan period. Each political party alone has 1 individual primal for a multisig address. Multisignature (multisig) refers to requiring to a greater extent than than 1 Private primal to authorize Bitcoin transactions. This guarantees that no 1 tin terminate access the guarantee which alone has 1 Private key. 

3. You render money inside the loan period

After repaying the loan, you lot automatically render the deposit to yourself. No 1 tin terminate purpose your bitcoin until the loan is repaid - they are frozen inward a especial wallet. You cannot render a loan, if it is non profitable for you. If the bitcoin degree hasn't gone upwardly or down, together with so you lot tin terminate reject to repay the loan. In this case, the guarantee alone falls to the lender, together with your loan obligations are repaid.

In our White Paper nosotros accept an instance hom fellowship tin purpose our platform. Let’s imagine that at that place is some X company. It collected fifty 000 ETH during the ICO smash of 2017 when ETH was almost $1250. X fellowship idea that ETH volition grow farther that’s why entirely 10% of ETH was exchanged for fiat coin piece fellowship was keeping other 90% inward ETH.

Then 2018 began alongside bearish tendency as well as then unfortunately the value of company's ETH was falling. X fellowship faced a dilemma - to sell ETH or non to sell.

Here nosotros are! FWX automatically matches the asking for a loan to X fellowship alongside several lenders at a 25% involvement charge per unit inward accordance alongside the request, as well as X fellowship was able to retain ownership of its ETH piece receiving an lodge to comprehend expenses. After six months X fellowship was able to behavior a circular of straight investments as well as repay the loan to creditors alongside an agreed interest. You run across what has happened? X fellowship decided to purpose the FinWhaleX P2P lending platform as well as multiplied its funds fifty-fifty alongside depression cost for ETH.

Token Info 

Token name: FinWhaleX 

Symbol: FWX 

Type: ERC20 

Platform: Ethereum 

Token Distribution: 

-56% for sales 

-17% for teams as well as advisors 

-15% reserve 

-12% Marketing as well as PR

Facebook Kampanye: 15%
Kampanye Twitter: 15
Kampanye Blog: 20%
Kampanye Bitcointalk: 15%
Kampanye Penerjemahan & Moderasi: 20%
Kampanye Youtube 10%
Peningkatan Platform Kampanye 5%

FinWhaleX: change the conditions of the financial market

• Liquidity provider
• Simplified the cryptocurrency trading process and made it more profitable for each side of the process.
• Virtual card
• Digital assets are connected to a virtual card in the application, they can be calculated in 40+ million terminals around the world.
• Mobile app
• Work with the platform is carried out via a smartphone without the need to issue paper requests.
• We work around the world
• The platform is not limited to one region, it is available for use in different countries.
• Justification
• Registered in Singapore, obey laws and monitor compliance with international standards to prevent illegal activities.
• Ease of use
• Currency conversion is performed within the platform, enabling borrowers and lenders to use their preferred currency.

Roadmap

More info: Info lebih lanjut:
Situs web: https://finwhalex.com
Obrolan telegram: https://t.me/finwhalex
Facebook: https://www.facebook.com/FinWhaleX/
Twitter: https://twitter.com/FinWhaleX/

 By :Netto 

https://bitcointalk.org/index.php?action=profile;u=808134

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