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KubitX And The New Platform For Token Exchange

KubitX And The New Platform For Token Exchange

A token exchange is the most important thing for the cryptocurrency services and therefore the exchange need to be optimized in such a way that all customers can employ such services throughout the world. The cryptocurrency or the token has become new money that circulates in the global economy, along with the other fiat currencies. The token and the platform, still need to be improved though, since they carry so many issues which hamper the utility and usage of the token itself. The world of cryptocurrency is also just recently emerged, and therefore a majority of the people purchase the token without knowing the further details concerning the token itself, and therefore making the additional purchase and then resulting in the loss of money. This is an issue which needs to be taken down, and therefore all platform should strive hard to tackle this lack of education and information issue toward the general population of the world.

Secondly, a majority of the platform suffers the issue of practicability. The token, as we know, it is only useful within the platform to conduct several purchases or transaction, and they cannot be used just outside the platform. This makes the token very useless in the term of practicability since the token cannot be utilized to purchase the daily needs of the people. Even though there are also several platforms that attempt to solve those issues, they work uncoordinated and resulted in the abundance of the platform which intersects one after another, and therefore rendering them redundant and not so practical in the end. The coordination needs to be conducted per platform so that they can create a better ecosystem which is practical for the people to use.

As for the rest of the issues concerning the token and their usage, here are several of them.

  1. Scope

The cryptocurrency and the respective platform are and innovation to combat the old and aging business environment which are very centralized and benefit the few. But unfortunately, the scope of the platform is insufficient to the western countries such as western Europe and USA, and a little part of Asia. This means that the solution that is offered by the platform are not embracing the broad swath of the world and thus making the platform very exclusive and hard to be used in the majority of the countries. There are several issues for this parts, such as the tech barriers, the administrative and legal barriers, and so forth. The platform and the token need to be adopted by a majority of the countries so that they can feel the benefit of joining any particular ecosystem.

  1. Exchange

There is the infinite amount of token that revolves in the world, and each of the tokens has their value and type as well. That is a good thing since it gives the market a boost they need, and therefore encouraging the society to be integrated into the ecosystem of the platform. But due to the massive number of token that exists, the need to exchange the token become very important, but unfortunately there are not enough platform that provides such services. This leads to the tedious process of exchange, especially the token to the fiat currencies. The exchange also will require the user to pay a specific fee for the platform to gain profit and thus developing the platform. But that makes the user lost their money and therefore making the exchange impractical.

  1. Security

The security of the platform is also at risk, since several security issues need to be taken down by the platform, and one of them is the hacker. As we already know that the tech that brings the platform, which is the blockchain is somewhat new and still need a lot of work to improve the system. The hacker usually exploits the gap in the security to breach the protection layer and thus stealing the money. The report estimates that the hacker attack alone has cost the entire blockchain platform up to billions of dollars. This will ultimately shut the whole ecosystem if the issues are left untreated. The platform needs to have a coordinated work to increase the protection and the security of the blockchain and the smart ledger so that the hacker could no longer attack them.

  1. Improper customer services

Since the crypto-based business is very new in the global market, many people don’t understand how they work, and how do you even make the profit by joining one. This makes the people purchase the tokens simply it is the trend that currently goes viral, such as the bitcoin boom in recent years. We do know that the token is not a form of investment since there is no guarantee that the value of the token will be forever increased. That is not happening since the value of the token is fluctuating and thus making the newbie investor scratching their head. It is better for any platform, Or the token exchange platform has their supportive customer care which will tend to their customer and gives them the insight that they need before they purchase the token.

There are several reasons why people are purchasing the token, and one of them is to join the ecosystem of a platform, and the other to make the investment using the token. The next need to be educated that the token can increase their worth in the global market, but it can decrease since it is not a very solid form of investment such as the gold bar, some lands, or properties. Those are the issues that are plaguing the crypto world and need to be handled seriously. Otherwise the market and business of the cryptocurrency will start crumbling fast.

For further information regarding the crypto related issue, you can refer to the webpage here.

http://www.kubitx.io/

https://bitcointalk.org/index.php?topic=4628365.0

Kubit And It Role In Rejuvenating The Crypto World

As we already know, the world of cryptocurrency will always relate to the platform that issues the token or the cryptocurrency itself. The platform is the primary concern when it comes to the token since the platform will determine what kind of token that they will use, and how they will use the token. There are so many platforms that issue their token, and they come with a very different business concept which is very interesting. Some of the platforms run in the services, while the other works in the different lifestyle which are very important and fresh for the market. But one which makes them the same is, that they run to disrupt the world of the centralized and conventional business so that they can give a new alternative for the business.

It is also what happens with kubitX, which is also one of the leading platforms to disrupt the natural exchange platform ecosystem that is already existed today. It gives the alternative for the people so that they will have numerous possibilities and comparison when it comes to the token exchange platform. Here are several unique features of kubitX which could be used by the user for their gain.

  1. Adoption

The tactics of the platform are, to widespread the services as far as they can, so that more and more people adopt the platform. This is because the kubitX is not just an ordinary token exchange platform, just like any other else. KubitX will be able to store your money, be it in the form of a token and the fiat currencies so that you can have it as a wallet for your digital money. This is an essential service to simplify the methods of the transaction, especially in the region where the service of the bank is utterly lacking. The platform can serve as the ATM that can store your money, and you can use it without even having to have the physical paper money, just like the debt in the ATM.

  1. Rapid transaction

The world of blockchain and cryptocurrencies relies on the speed of the platform, and so do this kubitX platform. The transaction cap that can be conducted in the other exchange platform will be around 1 or 2 million transactions per second, and it means that there will be the delay of the transaction since there is a massive amount of transaction occurred in the blockchain per second. The kubitX will be able to have up to 12million transaction per second, and that number will steadily rise as the tech have been improved.

  1. Ultimate protection

As you have so many tokens that could be used for the daily purchase, you don’t want to lose it. The wallet or the place where you will store the token will be protected by the most sophisticated and advanced tech so that you will have a very secure and protected form of a wallet, and no hacker or cracker can do anything to your wallet.  The wallet will also have the multi-steps verification process so that only the user could access and exchange the token itself.

  1. Practical

There is nothing more satisfying than having the most efficient token platform at your disposal, and that is what kubitX is. As we have mentioned above, Kubitz will strive to implement the most advanced banking system in the remotest area of the world, so that they can have the banking services which could be used for a various occasion such as paying remittances,  merchants, funds transfer, bill payment and so forth. Those services are very crucial for the people since it will ease their life, and make them very comfortable in doing some financial transaction. The platform will also come in the mobile app to monitor your token and do all sort of transaction and exchange, and make this platform very versatile and practical.

More details About KubitX:

For further information concerning the usage of the platform, you can check these web pages.

https://www.kubitx.io/

https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

https://www.facebook.com/kubitx/


The ICO And The Allocation Of Funds

The platform does employ the token as it is the part of the cryptocurrency and the blockchain ecosystem. The token is just like any ordinary token, which is called the kubitX token and have the worth around 0.0001112 ETH per token. The token is mainly used within the ecosystem to do some transaction that is imperative. The first is to pay the fees of the token, which is required for all the users to do per transaction. The fees work just like the taxes that will automatically be added to the token worth per transaction, and therefore you can pay such fees by using any token you have. But when you use the kubitX token to pay such fees, therefore you will be able to reduce the value of the fee, and you will have a more significant amount of money in your transaction. The fee reduction using the token will be up to 20% per transaction.

The only way to get the token is to join the sale. There are three types of the sale, which are the seed or the private sale. This sale is already over, and the platform is now moving on to the second type of the sale which is the pre-sale. The pre-sale yields the bonus for up to 20% and will have the minimum purchase of 25 ETH. Currently, the platform is running the pre-sale, and the sale will end on 31st August 2018. And as for the third type of the sale, which is the main sale, it has not yet announced in their websites, but there is a good chance that the sale will occur just after the pre-sale, which is somewhere in September to November.

And as the caps, there is no cap for each since the platform employs the general caps for both sales. The soft cap will be around 10 thousand ETH and the hard cap will be 25 thousand ETH. The token supply will be around 500 million tokens, which half of them, or 250 million will be used In these sales, and like the rest of them will be appropriately distributed to several parties such as the founder team, the advisors, legal and reserves.

KubitX Roadmap:

For further information concerning the token sale, you can visit one of the web pages here.

https://www.kubitx.io/

https://t.me/kubitx_official

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

A Dawn For The Crypto Transaction: Fuzex

A Dawn For The Crypto Transaction: Fuzex

Cryptocurrency now is an evergrowing market with more and more platform come into play. That is a good thing since it will broaden the market and introduces the new way of paying and utility services that failed to delivered by the conventional and old-fashioned business style. Cryptocurrency also encourages the user to do more related to the platform, such as jogging, researching and etc in an event so called by the token mining. The token mining will allow the people to constantly dig out the trickle of the token in hope that the token will benefit them financially in near future. the people now are spending their time relentlessly to mine the token, such the bitcoin which use the graphics card and a series of the machine which will run for a month to gain even a single bitcoin. There are also several tokens which require you to do a series activity in order to mine their respective token.

After the token mine, what is the exact benefit for them? Surely they can use the token as the form of investment,  but that is actually not so practical since the value of each token is sometimes too low to be called investment worthy. There are also several merchants that accept one particular type of token, but unfortunately, that is just limited to several tokens and platform so not all the token are received in the global market. The use of the cryptocurrency now is facing a serious threat, which is the usability. The token unfortunately not so practical and therefore people calling it as the broken transaction mechanism since it is almost useless t have a massive amount of cryptocurrency in someone’s wallet since no merchant or vendor will accept them. You can exchange the token to a fiat currencies such as dollars, yen, euro and so forth, but the exchange mechanism is slow, tedious and no central banks are introduced so it is unclear for them to exchange the token.

But on the top of that, the cryptocurrency itself has all their need to fit the category to be a money. here are several crypto features that resemble the money perfectly.

  1. Scarcity

A money needs to be scarce and not so abundant. The scarcity of a money is needed to give them value and thus more valuable. We know the term of inflation or the reduced value of money and therefore the money becomes more and more worthless in the eye of an international economy. The perfect sample for this is the Zimbabwean dollars where they reach an absurd amount of money just to purchase a simple daily life. This is due to the excessive government printing out the money and thus reducing its value. When a cryptocurrency has been laid out, it will no longer produce the new token and thus make it extremely scarce for them.

  1. Durability

The money also needs to be durable, not easy to be broken down, burnt, or destroyed. The token of every platform comes in the digital token it means that the token is safely kept in each person’s wallet and will only be out should the transaction occurred. The system also protected by several layers of sophisticated cutting-edge protection so that it will be very secure and very protected. This is what makes the token more and more resembles the fiat currencies since the fiat currencies also come in the different form, be it physical and digital.

  1. Difficulty counterfeiting

Counterfeiting or faking the money has become a real issue in the fiat currencies. This is due to the conventional usage of the money-material which are paper. Any kind of paper, be it signed or using whatever protection is very prone to be counterfeited and therefore need an extra layer of protection. The token has not recognized yet the issue of the counterfeiting since as we already told above, that the system is protected and secured.  It is being protected by smart contract and the ledger to keep track of the transaction and so forth, making it very protected and thus very hard to counterfeit.

  1. Authenticity verification

The token also needs to be verified in order to know the difference between one token to the other. the token is many, as the other fiat currencies are. The token comes with so many forms and therefore the system needs to know the difference between one token to the other, and thus makes the system will differentiate each valuation. This also works in the system of federal banking which comes in the forms of fiat currencies exchange. The system knows to differentiate the fiat currencies and thus giving them the respective value.

But despite the features of the token, the token is still facing a serious issue which is the usability. No matter what kind of features of money that you have, the money will be worthless if the token can’t have the practicality and rendering them very hard to use in day to day life.

For further information concerning the token usage, you can access the website below.

https://fuzex.co/

https://bitcointalk.org/index.php?topic=2776789.0

https://fuzex.co/#WHITEPAPER

https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf

 

The Emergence Of FuzeX

But finally, the technology has given birth to a new and ever practical platform, which is called as fuzex. This will tackle down the most problematic issue of the token which is the usage of the token to be used in day to day life. The fuzex will bridge the platform’s token and the merchants or vendor that not yet implement the token as their form of currencies that are accepted in such vendors. The vendors will need to do a series of action in order to integrate the token currencies as a form of their transaction. This will open up a new market and thus make the platform growing since the demand of the token will be massive as a new form of currency.

The card has several features which are very essential and critical for the user to do the transaction, there are several features of them.

  1. Store multiple tokens

Tokens of the platform are numerous, and thus the cards need to be able to hold several tokens account at once. And fortunately, the token is able to store up to 30 accounts or forms of token so that you don’t have to worry about the token that you already have. That is surely very convenient since you can have all sort of transaction and actually use the token for day to purchase.

  1. smart card

The card is not your typical plastic card such as the ATM cards that come from many banks. What makes this token is very different with the rest of the plastic card is, that the card implements the smart card which is accompanied with a built-in button to show how many token types that you own, and how many of each token that you have. All of that token will be displayed in the e-paper in the bottom right.

  1. Connection fuzex wallet

A wallet for cryptocurrency is very important to store the token and therefore need to be connected to the fuzex cards so that the cards can recognize by how many token that you own and thus making the transaction possible by the cardholder. The connection is rather simple since it is supported by the simple Bluetooth connection thus you can transfer the whole token data that exist in the wallet to your fuzex cards instantaneously.

  1. Rechargeable batteries

The token also have batteries to power up the display so that you can see the number of the token that you own. the batteries are rechargeable and can live up to several weeks even months. The batteries also not so thick therefore you will own a sleek and elegance type of cards that is very easy to hold and portable.

FuzeX Card Demo @ Mcdonalds

For further information concerning the platform and the fuzex cards, you can access one of the following websites.

https://twitter.com/fuzex_co

https://fuzex.co/

 

How To Use And Token Sale

The usage of fuzzex is actually rather simple and once you have integrated the certain vendor to the ecosystem of fuzzex, therefore you don’t have to repeat the system once again since you can just swipe the card and you can make a valid transaction almost instantaneously. These are the simple usage procedures of the token step by step.

  1. Download the fuzzex wallet

As we already stated before, the wallet is very important tools to transfer the cryptocurrency to your smart card. The application is very easy to download and is available in all kind of platform, be it android or apple. After the user downloads the apps, the user needs to follow several processes to verify the accounts and also counts the number of the token that they own. it is a very easy and simple step to follow.

  1. Do the transaction

In a case where you have chosen a certain vendor that has been integrated with the platform, then you can simply visit the merchant and do the transaction. It is a very easy step by step process where you need to hand over the smart card has that has already have the certain token number. Then the merchant will swipe the card in the swiping machine, and then the token will be reduced respectively to the amount of money that is required to be paid. After the transaction has been concluded, the user will receive the paper receipt and the notification in his/her wallet.

FuzeX Card & Fuze X Wallet Sending Crypto Demo

 

The Sale Of Token

As any of the other platform, they do issue the token for the use of the platform itself.  The platform issue the fuzzex token which is mainly used for two purposes. First is, the expansion of the transaction limit, as the transaction is limited by the system, by upgrading the system using the fuzzex token, you can increase the transaction limit so you can spend more token for the transaction. The second thing is the to lower the annual membership fee, which needs to be paid by all of the users on the platform. The membership fee is required to maintain the servers as well as protecting the integrity of the servers itself. The member that upgrade their account can pay for a lower price and thus increase overall profit.

And as for the sale, as usual, there are three kinds the sale on this platform. They are:

  1. Private sale

The private sale is the unofficial sale which is aimed at the merchant or the vendor owner who want to be integrated into the system. The private sale has reached the cap which is about 20 thousand ETH swiftly. And just like any other platform, the private sale usually holds the biggest amount of bonuses, and therefore it will have the biggest profit for every user.

  1. Pre-sale

The pre-sale is the sale that occurred from January 15th to February 15th, 2018. The period of the sale will occur for a whole one month, and the cap 20 thousand ETH is already raised swiftly. the sale is so popular to the point the public sale is canceled due to the hard cap has already reached in the private and pre-sale. It seems that the token is so popular due to the usage and the flexibility of the smart card itself.

The worth of the token is, as one ETH is worth 12 thousand FXT or fuzzex token, and the minimum purchase to join the system and gain the smart card is about 5 ETH and therefore you need to spend those amount of money to get the smart card once you already gained the smart card, you can start to download the app and use that to the vendor and then you can do the transaction using the token. but however be advised that there is a limitation of the transaction using the FXT and the smart card, but it can be raised if you upgrade your account using the FXT.

3. Public Sale

The FuzeX team reached 40,000 ETH hardcap for private & presale of early this year,  so it did not do any public sales.

For further information concerning the token sale, you can access the website below.

https://fuzex.co/

https://www.facebook.com/FuzeX.co/

https://t.me/FuzeX

Overcoming the Impending Financial Issue through Traxion

Overcoming the Impending Financial Issue through Traxion

The world is now set in a rapid motion, where the flow of information is almost instantaneously in almost every place. You can see the growth of the business nearly every day, and thanks to the blockchain, we can see the rapid growth of the crypto-based platform every day across the globe. Many of the business is also have disrupted the primary form of the conventional market and overtaking the business mainstream, so the result is the massive growth of the decentralized kind of business which is far from any traditional business which tends to be more centralized. The business growth nowadays the global economic optimism that is very delightful to see and feel in some place of the earth. But unfortunately, the reality kicks in, and it kicks hard. The global economic growth, as well as the significant innovation only felt in a quarter of the world, which are centered in the USA and Western Europe, and some in Far East Asia. But as for the rest of it, the African, the south-east Asian, and the rest of the world still stagnates and experience little to no impact of such turbulence.

The main reason for this occurrence is the economic gap between the Asian and the western countries. The difference is so full to the point where almost all sorts of capital that circulates in the world are centered in just both regions. The Asian and the rest of the world still struggling very hard to stabilize their countries and enhancing the structural basis for further economic improvement. But the lag is too far, so we don’t know when the Asian and the African nations are going to catch up the western countries. This phenomenon cannot be left standing, as the world leaders and the experts are formulating the solution for the rest of the world concerning their problems.  But several issues are tough to tackle down, and those are several reasons why they are lagging behind the western countries.

  1. Corruption

When we talk about crime like the one that hampers progress, we don’t mean that many western nations are immune to the fraud. But the fact is, the corruption in the Asian and African government are way higher than the west of states and making their government are unable to tackle the most basic issue, which is the poverty. The poverty that is faced with many Asian nations is mostly systematic poverty which is the human-made poverty that is caused by the inability of the government to react or simply put, the ignorance of their people condition. There are a lot of negative consequences when a country is infested with corruption, which is the economic recovery will be tough due to the crime that taking the government’s money, and the construction that will never end due to the polemic of the project that is infested with crime.

  1. Trust issues

Many developing countries are also having some degree of the trust issues against the government and the banking system. They perceive the banking system is a coherent evil and thus is not to be trusted. This makes few people are employing the services of the banks and thus making the transaction way harder. The transaction that can be conducted via bank is the simple and fastest form of an operation using digital credits rather a physical one. This makes the business are far from the bank services and thus making the industry harder to be approached. The bank also will provide several degrees of security to store the money, since it will be way safer than saving your millions of money in the bedsheet, or under the pillow. The most logical place to store the huge amount of money is the bank, and therefore more people should enter the service coverage of the bank.

  1. Technological gap

One says that the technology is the key to the prosperity, and that is entirely true. Many western countries have been so successful in developing their countries because the master the proper technology to do it. Here in Asia, the technology adoption is way behind the western countries and therefore they are still maintaining their nations with the traditional way which are proved to be inefficient and ineffective. The adoption of technology is mandatory to make people’s life, and as well as the government and business affairs were easier. The adoption of technology in Asian nations is gradually increasing but at a languid pace.  The penetration of technology is also required to open up a new market and thus creating a new business, just like the crypto-based platform is already doing it for years.

  1. Education

This is one of the most crucial issues in the developing countries, that is the root of the lag in technological adoption in so many Asian and African countries. The qualities of the education in the south-east Asian nations are quite lacking, where the infrastructure of the educational system in staggering conditions. In Indonesia alone, thousands of students are left without a proper teacher, making them improperly educated.  The lack of educational system will make the countries lagging in almost every sector, such as the technology, economy, and so forth. Many citizens of it state will be encouraged to become a worker, rather than a businessman, which is not a good sign of an economic recovery.

Those issues are ravaging the countries in Asian and African regions, and thus creating a considerable prosperity gap between the western states with the rest of the world. As long as those issues stand out, poverty will still become a significant issue for the rest of the world. A solution is a need, to ignite the small economic movement, and to elevate the situation of the poor. It also needs to be transparent and open so that all people can enjoy the benefit of them.

To know more about the financial situation in many countries, you may refer to those web pages below.

https://traxion.tech/

https://bitcointalk.org/index.php?topic=3043553.0

https://traxion.tech/documents/Traxion%20Whitepaper.pdf


Countering Financial Issues With Traxion

Fortunately, the situation is not as dire as we all imagine. More and more platform is growing to solve the financial issues by creating more business field that can be used to alleviate the poverty in some areas. The advancement of technology also allows many forms of business and job field to pop up and employing thousands of people monthly. The progress is tangible, and we can see it clearly in our own eyes, but that is still not tackling the five issues that we have already mentioned above. The financial problem that is faced with the world requires hand in hand cooperation between the government and the private sector to cope up, and thus ending the economic issue, and that is where the role of the Traxion platforms kicks in.

Traxion is a blockchain platform that is unique and different from the rest of the platform for several reasons. The platform, unlike with the other form of the platform is disrupting the whole financial situation. The current trend of the blockchain platform is just obstructing one particular business field such as the photography, the publisher and so forth. But that is not the solution that we seek since those solutions are too specific to be practical in the whole of the financial situation that is already broken and ravaged by corruption. The one thing that is disrupted by the traxion platform is the way of the transaction between the stakeholders, and this is very important since we can say that transaction is the vein of the business and economy, the easier it gets, the better of economic situation will be.

The platform will counter several issues, they are:

  1. Bridging the whole market

The traxion is not searching for market domination, but they want to bridge the economic activity between the stakeholders and thus making the economy much better and stable. Nowadays there are a lot of currencies that circulate in the world economy, and they are the cryptocurrency that is developed by the platform, and the fiat currencies that is the standard currencies just like dollars and euro. Those currencies need to be bridged so that they can be used in all forms of the transaction to make it easier for the customer to approach the market, no matter what currency they have.  The solution also needs some broad coverage so that many merchants can apply this mechanism, and the platform becomes very practical for the people.

  1. Bring transparency to the government

This platform also brings a daring quest which Is to provide the government some degree of transparency so that any the money that the government obtained be it the international aid, debt or whatsoever can be tracked and detected by the platform used. The transparency is one of the crucial issues as it is the reasons for the corruption that still lingers in the third world country. The slide will provide the deterrence effect to the corruptor so that they will not be corrupting the government’s money again. That is a very far step in destroying the corruption cycle in one country. The platform will display the current wealth of the government that is going to be distributed among the people, and thus the amount of the received money must be an exact number of the money that is displayed.

  1. Encouraging the small business to develop

The development of small business is a good sign for the lower economy since they are the sign of the economic recoveries that is shown among the people. Those small businesses need to be ignited since they are the small business with small capital and in no capacity competing the big companies. The platform will provide the market and the means of the transaction for them so that the customer can access your goods safer, faster and better the market will also very wide since the platform will receive any money, be it the fiat currencies and the cryptocurrencies. In fact, the platform will encompass a massive amount of the small business so that they will be integrated into one ecosystem, which is the traxion ecosystem.

  1. Alleviating economic situation

This is more like a long-term plan and goals. Once the process of the transaction has been speeding up, more and more people are growing their own business, the people gaining more money using the platform. Therefore the economic situation can be elevated, and more people will have their prosperity increased. This goal will become feasible after the usage of the platform has encompassed so many merchants and attract more users.

For more information concerning the platform, you can access the webpage below.

https://traxion.tech/

https://traxion.tech/documents/Traxion%20Whitepaper.pdf

The Token Sale And ICO

Just like any other crypto platform that has their token,  so that this platform is. The platform has their token named by the traction token or TXN and now is currently on sale. There is three type of sales that is occurred in the platform, which are the private sale, the pre-sale, and the crowd sale. The private sale has the cap around 10 million tokens and contains the bonus up to 50% of the token sale. The private sale is already over, and now the platform is moving to the pre-sale.

The pre-sale has the cap around 40 million tokens and will have the bonus starting from 40% to 10%, which declines by about 10% each week.  Currently, the token sale almost reaches the cap, and the companies are preparing to meet the crowd sale, in the early of August 2018. The crowd sale yields the most significant amount of token that will be sold, which are about 200 million tokens and have no bonus. The period of the deal will take place about six weeks, and will be automatically concluded once the cap has already reached.

The token usage will be to do some transaction inside the platform, and also crucial for the user to get the reward too.  The user can also vest the token so that they can gain the better price for each of their token in the future. the token also can be exchanged in any fiat currencies such as dollars and euro in any places.

For the token usage and token sale, you may refer to the webpage below.

https://www.facebook.com/Traxion.tech/

http://t.me/TraxionICO

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

Solving Mortgaging Issue With VIVA

Solving Mortgaging Issue With VIVA

Housing or property industry is one of the leading sectors of the business in the world. It contributes around 31 trillion dollars per year and thus affecting the world’s economy and its components. The most vital housing industry elements are the capacity of the industry to sell the house to every component of the society. This is one of the biggest ironies since the main focus of the success rate is to increase the sale, whereas the capacity of the people to purchase the house is steadily declining due to the increase of the price of the market. Nowadays, even the smallest and cheapest houses are still expensive and still out of the reach of every middle-class man. The people are having several problems as follow.

  1. Mortgage procedure issue

The main critical issue of the buyer is the mortgage procedures that is very complicated and hindering more house to be sold and leave billion people homeless. The mortgage is the process of gaining the house via loans, and this is the only viable solution if you are the middle-class man and facing the Down Payment worth thousand dollars. You just cannot pay it directly in a single payment, and thus mortgaging is the only way that could effectively solve your financial issue in order to obtain the house that you want.

  1. Down Payment issue

The Down Payment or the DP is the second most important thing, and that can be said as the DP are the sole factors that hindering every potential buyer to purchase a new house. the DP usually comes with 30 or 20% prices of the whole house prices. That is actually still very expensive and simply out of reach by the single payment method. The most effective way to solve this issue is to have the loan. And this is where things get more and more complicated, which leads us to the next issue of the housing industries.

  1. Loan issue

Having or taking a loan is actually the ever practical solution for the middle-class man to obtain the house. the loan is usually provided by the banking institution or the third party such as the loan provider, person to person loan and so forth. But there is one impending problem concerning the loan, which is the extremely centralized nature of global banking. The global banking is a  series of a very complex and deep monetary system which will have disrupt everything in the chain if one sector is damaged. The gravity of such a disruption could be very catastrophic and leads to the failing of global economics. Such occurrence has occurred in 2008 where the mortgage and housing industries are failing and thus destroying the global economic recess that is very destructive in nature.

Based on several issues that have been mentioned above, then we need a very fast and precise solution where we can have a house with a very simple mortgage process, low DP and also decentralized.

For any further information concerning the housing industries background, you can visit one if the link below:

http://www.vivanetwork.org/

https://www.facebook.com/VivaNetworkOfficial/

Introducing The Viva Network: A Simple Solution

The rise of the digital age is bringing more and more fundamental changes in every aspect. The way we are doing business, communicate, and information sharing has been simplified to the point of the instantaneous form of communication across the globe via the internet. But it is not just the communication methods that have been revolutionized by the internet, but also the business forms has been impacted and now undergoing very fast fundamental changes within. One of the most influential impacts is the trend of decentralizing the business forms, and digitalization of the business sectors that happen all across the globe. The birth of the startup or the internet based business is on the rise, and thus VIVA emerges.

VIVA, to put it simply is a power to be reckoned with, in the term of the housing industries. It visions, just like any other contemporary business is to disrupt the existing business forms so that this new form of the business could become the new mainstream and thus replacing the obsolete kind of business that is now exist. The VIVA is the solution for those who are in need of the house but yet hindered by the complexity of its process and procedures. There are several reasons why we need to employ the VIVA services to obtain the house that we love.

  1. Decentralized system

As we have stated above, a centralized monetary system will be prone to every kind of damage such the financial instability, global economic collapse, and so forth. Therefore the platform is implementing the decentralized business system where this system is not connected fundamentally to the global business schematic making this business is stronger and more independent towards the global market system.

  1. Reducing the cost and time to undergo the mortgage and loan procedures

Obtaining loan and mortgage is very difficult these days, due to the nature of skepticism of the housing market. This is worsened by the complexity of the procedures that need to be undergone by the applicants, making the process is tedious and time-consuming. So far, there is no kind of any practical alternatives to having a huge amount of loan except in the bank or any intermediaries. VIVA is based on crowdfunding, which the crowd will happily provide the funds since the money that they send to a platform is comes in the form of investment that will benefit them.

  1. Providing the expert housing consultant

Why is it even matter? Why do we even need the housing consultant? here is the problem. For the beginner, the house is a very complicated matter to purchase since there is the myriad consideration that needs to be processed. This could lead to a wrong investment, in the form of purchasing a house that is out of your financial league, or any other issue. The expert team that exists in the team will help you to enlighten the financial situation that you are in, and thus helping you to pick a house that is affordable an viable for your financial capacity.

  1. Investing money

Investment is crucial these days since investment is the prospective long-term savings that could save your future. The crowdfunding in this platform system also comes in the term of the investment. This means that the crowdfunding is not just benefiting the applicants that are proposing the loan but also benefitting the crowd as well. This is actually a win-win solution where you can happily provide the fund that is needed for the applicant, and thus you are gaining the investment rate that will follow the market share. And as the member of the platform, you can also have the right to propose the application for the loan if you need it.

Learn More About Viva:

 

How the Platform Works

The platform’s website is giving you the comprehensive detail concerning the procedures that you are needed to complete before gaining the approval of the loan. Here is the quick glimpse of the procedures in the VIVA platform.

  1. Fulfill the documents requirement

The first basic requirement of the procedures of the platform is the documents. The basic documents that are needed for the process are the debt information and the income statement that is owned. You also will need the ID certificate and any other kind of document that is supporting the main document. Be advised that the document that only will be accepted as the valid and solid document is the real document that already passed the verification.

  1. The first approval

The first approval is the process after approving the document that has been sent by the applicants of the platform. This is not the whole approval, meaning that at this point, you can still fail to get the approval since there is the second approval or the final approval to conclude whether or not the applicants are able to gain the approval. The first approval is the sign that your document has been verified to be true and worth to continue on the process.

  1. Expert and house seller interviews

After you have already passed the first approval, there is the interview session in which you will be interviewed by the expert team of the platform concerning your financial capacity and the ability for you to pay the loan. After the interview with the expert, then you will be interviewed by the house seller. This session is aimed to share the information concerning the house minor and major problems, and also the miscellaneous treatment that needed to be done to the house such the reparation, improvement and etc. this is crucial since you need to know all kind of the information concerning the house.

  1. Second approval

After the interview session, the team and the platform will conclude the second approval, in which the applicant whether he passed the process or not. If the applicants have already passed the session, then they are positively gained the loan that is needed for them to purchase the house. After this session, the crowdfunding will then started and thus the applicant will start receiving money they need to pay the DP or the loan.

The crowdfunding will use the FMS or fractionalized mortgage share. The FMS is the way that the loan will be fractionalized and paid by the crowd. The FMS is actually the investment share that comes in the form of the fund that is distributed in the platform. The FMS is the quota that is needed to be fulfilled in order for the entire applicant to pay the loan of the house. The accumulated money will then be transferred to all the applicants and the crowd in the term of the investment rate so that the crowd will have the benefit of investing their money in the platform.

Learn More How Viva Works:

For any further information you can access the links below:

http://www.vivanetwork.org/

http://www.vivanetwork.org/pdf/whitepaper.pdf

Twitter.com/thevivanetwork


The Sales of Token

As just any kind of the blockchain system that has the token, the VIVA network also has the token called the VIVA token or called the token to be simple. The token is mostly used by the member of the platform to conduct any kind of transaction that is occurred within the system. There are several transactions such as the application process and so forth to that is using the token and no other currencies.  But unfortunately there are no existing vendors or the merchant that is receiving the token for now, but the platform does promises to inform the member of the platform if there is an advancement or the changes in the future.

And as for the sales, the token is primarily gained by two kinds of sales, they are the first stage that consist of three rounds, and the main sale that is also consist of three rounds as well. There is also the private and individual contribution that is also allowed and accepted in the system, but they are excluded in the TGE or the token generation event and thus not explained here. Here is the further explanation regarding the sale.

  1. First stage

The first stage is the best way of acquiring the big bonus, as the bonus is ranging from the 40% worth per token to the 30% bonus per token. The nominal of the token is around 50 thousand per ethereum and that nominal is decreasing as the bonus is declining per 10 days. Unfortunately, the early sale is about to elapse, which will be in the 1st July 2018.

  1. The main stage

The main stage is where the most token is being generated. There are estimated around 3 billion tokens is being distributed via main sale event. The main sale is also comprised of 3 rounds by the bonus started from the 25% to 0% bonus every 20 days. the main sale will be conducted for about 60 days.

For any further information related to the TGE, you can visit one of the links below:

https://t.me/wearethevivanetwork

https://bitcointalk.org/index.php?topic=3430485.0