Cash Telex

Cash Telex

Created using Figma
Created using Figma
Cash Telex Dynamic Diversified Fund Solution is to back the CTLX coin, and is directly pegged to real assets (Gold, Diamond, Silver and Real Estate). Investors can benefit from various services provided by Cash Telex Ecosystem. The Cash telex initial purchase of assets from the fund collected during the ICO will provide a foundation and it will continue to reinvest those funds from the collected fee from Loans, exchange transactions and Debit Cards fees issued to customers. All of these services will be in a form of CTLX and that will give guaranteed demands for CTLX coins.
Dec 10, 2018
Jul 31, 2019
69% completed
Raised funds - no Data
ongoing
Token Details
Accepted Currencies
BTC
Company Details
Registered Country
Cayman Islands
Additional Details
MVP/Prototype
Yes
KYC
Yes
Categories
Platform

About Cash Telex

Cryptocurrencies in the current state are suffering from several drawbacks and issues related to absence of stability, scalability and most importantly security. Several algorithms and techniques were recently introduced aimed at addressing those issues. Unfortunately, those attempts met with one solid drawback from cryptocurrencies giant Bitcoin price volatility. This instability of the main markets pair resulted into the almost daily market volatility. This is expected specifically, when measurements are against an unstable metric. As a result, you will always end up with volatile unstable value which is here considered as price of the currency. The main reason for this instability and extreme volatility is absence of structured backing system which is supposed to be in a form of assets. Assets backing for any currency is an important element in order to allow stable value, and preservation of capital. This paper addresses those issues and introduces a new Proof of Wealth (PoWL) to solve the above problems. We present Cash Telex Ecosystem to demonstrate the use of Proof of Wealth (PoWL) algorithm. The solution requires several components to work together in order to achieve the desired scalability, stability and a secure environment. The described solution guarantees to maximize the investors’ wealth and preserve the initial investment capital and ultimately provide a reliable payment solution.

Cash Telex Roadmap

  • February 2018

  • Proof of Concept (Completed).
    All experiment or pilot project test results are proven give the desired outcomes.
  • March 2018

  • Building of Testnest Started.
    CTLX Testnet started & Cash Telex Exchange Design started.
  • June 2018

  • Initial Tests for Testnet ( Cash Telex Exchange ).
    CTLX Blockchain test-net with Cash Telex Exchange configured in Test-mode.
  • August 2018

  • Legal Review for Cash Telex Blockchain and Gold Mining.
    Establishment of legal review for CTLX and Gold mining in Africa.
  • Read More
  • November 2018

  • Public Production Launch ( Cash Telex Exchange).
    Successful production release of Cash Telex Exchange.
  • December 2018

  • CTLX Coin Public Sale.
    start of Cash Telex Coin public sale.
  • January 2018

  • Cash Telex Dividends Integration.
    Successful Integration of Cash Telex Dividends.
  • February 2019

  • Cash Telex Mobile Money (CTM).
    Cash Telex Mobile Money (CTM) to deposit fiat, buy , sell , trade CTLX directly from mobile.
  • June 2019

  • Cash Telex Payments and Physical Gold Exchange.
    To provide a first successful launch of CTLX payment against Gold , with coordination with Gold stores in Africa & Middle East.
  • October 2019

  • Cash Telex Gold Mining.
    Establishment of Cash Telex Gold Mining.

Activity

Activity:
3
VERY LOW
Posts:
2
VERY LOW
Views:
91
VERY LOW
Posts:
121
MEDIUM
Followers:
200
VERY LOW
Likes:
203
VERY LOW
Followers:
57
VERY LOW
Tweets:
111
MEDIUM
30 Days Growth:
5
Members:
240
VERY LOW
30 Days Growth:
77
Alexa

Rank:
7 459 497
VERY LOW
Delta:
-8 656 856

Cash Telex Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Aboamama Atahar Ahme...
Founder and CEO
unverified
Junaid Chaudhry
COO
unverified
Kalema Kiweewa
CTO
unverified
Ahmed A. Adedeji
CMO
unverified
Abdi Malingur
PR Manager
unverified
Riham Abdelhafiz
Marketing
unverified
Kamran Javed
Developer
unverified
Raden Sarah
Developer
unverified

Cash Telex Last News

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