Foxytrade

Foxytrade

Created using Figma
Created using Figma
Foxytrade is the international fiat platform for P2P loans based on blockchain. Foxytrade is a multi-currency platform that supports everything from fiat currencies to the latest crypto currencies. It allows you to send money in an encrypted format and secure it with state-of-the art security measures. It is a P2P exchange platform that brings together creditors and borrowers: loans are issued in the fiat currency of the country where the borrower resides. This allows the currency to be exchanged through the FXTR token if the creditor and the borrower are from different countries. Loan terms are dictated by the market. Loans will be legally enforceable and all relevant documents will be generated in the jurisdiction of the borrower’s country.
ICO
Mar 1, 2019
Apr 8, 2019
0% completed
Raised funds - no Data
upcoming
Token Details
Ticker
FXTR
Company Details
Registered Country
Hongkong
Additional Details
KYC
Yes
Categories
Platform

About Foxytrade

Foxytrade Mission – to remove barriers and borders to grant the less developed countries access to financial recourses We will address the daily needs of average individuals and entrepreneurs, opening up decentralized access to finances on the terms convenient to both parties, and not to a financial bank entity or any other intermediary. Majority of challenges facing society are being solved as follows: • Population consumes, demands what is needs; • Trading and manufacturing turnover grows; • New jobs are created. In Russia, and many other countries, financial entities such as banks rarely lend to SMEs (small and medium-sized businesses).

Banks take a pawnshop attitude toward SMEs, i.e. loans are given only if there is a bail that exceeds the body of a loan. The number of bails is strictly limited: in general, real estate or securities are accepted at the exchanges. Therefore, SMEs are willing to take loans in accordance with the rates higher than the bank ones instead of the possibility of receiving money. In the Russian the lending market, SMEs are claiming annual rates at about 19%, but give 90% of the loans to large companies only. As a result, annual rates of 20-35% have emerged in the P2P lending market, and there is an excess of unmet demand by the investors and borrowers.

Features

Loans in fiat currency are strictly in the legal field of each country where we work.Our token will remove international barriers of currency conversion.We make financial resources more accessible and transparent. All platform operations are stored in blockchain.

Foxytrade Roadmap

  • Jan - Feb 2019

  • Platform Development.
    • Developed the concept; conducted thorough back tests to determine fund hyperparameters; set wheels in motion to create a compliant legal structure.
  • Mar - Apr 2019

  • Develop Smart Trading Contracts. Private Sale.
    • Development of Foxytrade Crypto back-end for multi-exchange trading. • Beginning of Private sale.
  • May 2019

  • Finalize Smart Contract & MVP Protocol.
    • Complete smart contract to audit-ready state. Optimized autonomous index trading algorithm to mitigate front-running and slippage. Consultation with industry expert advisors.
  • Jun 2019

  • Test Trading System; Security Audit.
    • Begin security audit and streamline all code ready for final code review process.
  • Read More
  • Jan - Feb 2020

  • Inicial Token Sale.
    • Token ICO sale ICO to raise funds that will be utilized to purchase the underlying assets
  • Mar 2020 - The Future

  • Public Launch on Exchanges.
    • (FXTR) Tokens will be listed into the exchanges, the data is pulled from the multiple exchanges - orders, volumes will be stored.

Activity

Followers:
166
VERY LOW
Tweets:
41
VERY LOW
30 Days Growth:
109
Members:
24
VERY LOW
30 Days Growth:
16
Alexa

Rank:
8 552 619
VERY LOW
Delta:
0

Team

Verified 0%

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

VP of Engineering
unverified
Head of Marketing
unverified
Blockchain Specialist
unverified
Victor Petrenko
Enterprise Integration
unverified
Mikhail Gurevich
Blockchain developer
unverified

Advisors

Verified 0%

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

Andy Chen
Medical Advisor
unverified
Marketing & PR Advisor
unverified
Matt Palmer
Finance Advisor
unverified
Blockchain Advisor
unverified
Alexander Stepanov
Integration Advisor
unverified
Customer Relationship Advisor
unverified
Stefen Gold
Network Development Advisor
unverified

Last News

N/A
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