May 8, 2019
IdeaFeX addresses three notable pain points in financing and investment that underpin suboptimal resource allocation in the economy: inefficient processes, unnecessary restrictions, and misaligned interests. We propose a three-pronged solution that combines e-commerce-like experience with latest developments in blockchain.
The first prong is our marketplace interfaced with distributed ledger. The tamper resistance and easy fractioning afforded by blockchain makes our support of new asset classes possible. Notably, exotic assets and product futures have few existing alternatives, and none offers similar levels of flexibility and access to fundraisers and investors. To help users navigate wide arrays of asset classes, we integrate intelligent and adaptive search and filtering commonly found in leading e-commerce platforms such as Amazon. This move further improves discovery and matching between fundraisers and investors. Last but not least, we adopt the latest blockchain protocols to improve transparency, governance, and the fulfillment of the terms of investment.
The second prong is our innovative auction method. By allowing all interested investors to determine together the final price of an asset token, this auction method ensures that all winning bidders are willing to pay at least the final auction price given all public information, and that all losing bidders are prepared to pay at most this price. It thereby secures optimal price discovery. Moreover, restriction on the number of participants to a deal is unnecessary; access, therefore, is considerably broader as a result. By concentrating all interactions within the bidding window, auction also saves time by reducing repetition in financing deal-making.
The third prong is our manipulation-resistant exchange. We recognize safety and compliance as the prerequisites for our success in promoting financing and investment with new asset classes. Consequently, all listed assets must meet our high listing standards, including audit and custody requirements depending on the specific asset classification; all investors must also pass standard KYC (Know Your Customer) checks. Additionally, we will employ state-of-the-art digital asset custody solutions. Thieves, bad bots, manipulators, and other malicious players are forbidden. Finally, we incorporate several levers to maximize liquidity.
We bring our solution to exotic assets, product futures, and traditional securities. Leading examples of exotic assets include collectibles, business assets, commercial real estate, and infrastructure; inventory and valuable goods are examples of product futures. Their difference lies in whether the asset is physically deliverable to the investor. Our conservative projection shows that within a decade this will grow into a trillion-dollar-per-year market. With a clear strategy to capture this burgeoning market as well as a simple, success-fee-based business model, we aim to grow together with this market into a leading player in financing and investment.
A vibrant user community is essential in achieving this. Therefore, we have designed the IdeaFeX Token (IFX) with four foundational values: (i) it benefits our user community, (ii) it drives active use, (iii) it promotes organic growth, and (iv) it supports continued adoption well into the future. Specifically, the IFX has four functions and one additional feature:
To our initial token sale, we allocate 40% of the total supply of IFX. Another 30% is put aside for potential future token sales. For community-building, including local IdeaFeX communities, we allocate 15% of the tokens. The team reserves 15% of the tokens, which cannot be sold within the first three years.
Each token is priced at 0.1 EUR at the start of the ICO. After each 10% of the tokens are sold, the price increases by 0.01 EUR. After 90% of the tokens are sold in the ICO, the final price will be 0.19 EUR/token.
For further information regarding our project, we encourage you to read our Token White Paper available in this listing and on our website. You are also welcome to pose questions directly to the team on all our official social media channels.
2022 & beyond
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.