An ICO Launch Platform For Startups Provided By SprintX

fisteganos (68)in #cryptocurrency • 7 years ago

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Introduction

Necessity they say is the mother of invention but being aware of the problem is not enough. It’s really not just about the ideas but making these ideas happen and this has been the fate of many start-ups in the past years. Young chaps who have ideas end up not pursuing it to fruition, the ones who did watch their efforts go down the drain in a rather manipulative economic system and this has left quite a number of start-ups where they find their ideas being hijacked by big companies who have the funding to go through with it even when it seems unprofitable.

It is a proven fact that the start-up community consists of talented folks looking to make a difference and create change in the society but most are faced with major limitations of which funding seems to be paramount. Conventional bank funding options are available for start-ups but this has been quite inaccessible for new start-ups with no records or profits as banks are not ready to back what they call a hypothesis that is yet to be proven. So the question right now is? How do these start-ups get funding for their project? Most times these projects are usually bigger than their personal financial capability what then do they resort to?

SprintX Has The Answer.

With start-ups atop the mind of the platform, SprintX aims to provide support for start-ups having a hard time getting financial support either from banks or from investment companies majorly due to no previous records or profits. The platform will breach the gap between the start-up and the real world by providing tools that can help advance their business idea with the creation of the start-up specific ICO for the actualization of the idea.

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Since ICOs are majorly funded through cryptocurrencies, there is the need for conversion of crypto funds back to fiat currency which will be used to finance the project. To tackle this, Sprintx will help list the tokens on an exchange known as SwitchX. SprintX and SwitchX will serve as a launchpad for start-ups with a profound partnership with Fundacion’s NOVA, a platform that has prominent expertise in the start-up space.

NOVA will provide professional counsel and mentorship to entrepreneurs through programs that it offers on its platform. With the advent of the blockchain technology, it has become quite possible to create self-sufficient communities aimed at driving innovation for a better and stress-free life.

To achieve the SprintX plan, the organisation will not only be launching its own platform, which will be accessible for entrepreneurs, it will also be acquiring 6 existing banks in various parts of the world basically for services aimed at improving the start-up community. There are also plans to open campuses where intending entrepreneurs can be trained and their ideas can be fully formed.

SprintX aims at becoming the standard for ICO launch while supporting both big and small initiatives to success.

Fundacion NOVAs major aim is to help start-ups establish and achieve success in their chosen sector. Their major focus has been on developing countries and regions where technological development and economic growth has been relatively slow. SwitchX will be the first platform that will successfully bridge the gap between the virtual world and the business world. Utilizing the blockchain technology, it will be possible for users to use their debit cards for purchase. The platform will be adaptable to forks and easily assimilated for airdrops.

Token And ICO Details

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SPTX, the SprintX Token is an ERC20 token built on the Ethereum network. It is a security token. This means holders receive dividends from the profits made by SwiftX. SPTX will have a total supply of 2 600 000 000 SPTX with 35% (910,000,000 SPTX) available for sale during the Public Sale (the Pre-ICO and the ICO).

The Pre-ICO will run from March 19th until April 10th 2018 with 186,550,000 SPTX available for purchase. This round comes with a 30% bonus.

The Public ICO stage will run from April 23rd up until June 23rd where 723,450,000 SPTX will be available at the regular price of 1 ETH = 1,785 SPTX. The minimum purchase allowed is 0.05 ETH.