FidentiaX: A MarketPlace Of Insurance Policies Leveraging Blockchain Technology | FidentiaX Tokens | Pre-ICO Is Live !!

hulkred (12)in #cryptocurrency • 7 years ago

FidentiaX is a versatile platform which came into existence because of an opportunity to help people using Blockchain Technology. We all know that Insurance Policies is very important for us. They guarantee us a certain control over the future outcomes. There are many types of Insurance Policies in the market serving every possible need of a user.

For example: There is an insurance policy for your car, your house, your property, your health and even for your life.

Insurance Policies industries is enormous and generating millions of dollars daily in revenue. But these policies can be highly profitable if traded with caution. They are highly liquid and the charges are lowest in Insurance Policies trading.

Most of the people believe that Insurance policies are not for trading and their value can only be realized after its maturity but I assure you, this is certainly not the only case. Insurance policies are tradable financial instruments with high potential of Profit. But there are not many exchanges available which can support trading of Insurance policies.

Now, FidentiaX has come into existence which can provide ways to trade insurance policies with ease and lowest of charges while maintaining transparency and security using Blockchain technology.

Let's Get To Know More About FidentiaX Platform

FidentiaX is a blockchain based platform which allows users to trade insurance policies while maintaining the security as well as the transparency of the transactions.

Basically, all the transactions must go through four steps in order to be completed. The explanation of these four steps are as follows:

Listing of policy by seller onto the Fidentiax platform to increase visibility among buyers.
Offering of certain amount by the buyer to the seller along with the transfer of documents for transfer purpose.
Submission of documentation by seller to the insurance issuer for the purpose of transferring the policy to the new buyer and taking a receipt from there.
Completion of transfer by uploading the receipt on FidentiaX platform and after the verification, the funds will be released to seller from escrow account and policy to the buyer.

What Problems FidentiaX Is Trying To Solve?

Well, being the first platform for the trading of insurance policies, FidentiaX seeks to solve many real life problems related to Insurance Policies trading.

Insurance Trading Platform

FidentiaX is the first platform which allows users to buy insurance policies from other users and even sell them again for profit. Insurance market is highly profitable and trading of policies is kind of best way generating a good profit.

Broker Need

Intermediaries takes a lot of money in the name of charges and sometimes they don't even deliver the work they promise. But now with the use of FidentiaX platform, a person don't have to rely on any broker. The trading on policies can now be carried over Blockchain technology without the assistance of Intermediaries.

Presence Of Buyers & Sellers

Well, in traditional market, both buyers and sellers have to be physically present in order to transfer the insurance policies. But now with the use of FidentiaX all the work can be done online through the assistance of Blockchain Technology.

Well, there are other benefits too of FidentiaX platform but these are the most relevant.

FDX Tokens

FidentiaX tokens are the in-built currency of FidentiaX platform which will allows it's users to purchase insurance policies at significant discount Membership payments - membership fees collected via the platform will be used to purchase fdX token. fdX tokens have a great significance on the FidentiaX platform. Along with uses cases within FidentiaX platform, they will also get appreciated in value after the tokens hits the exchange and in this way an individual gets maximum returns out of it.

FDX tokens have a maximum supply of 100 Million and the tokens left after pre-ICO and main ICO crowdsale will be burned right away.

Pre-ICO Crowd Sale

FidentiaX pre-ICO crowdsale is live now. It started on 20th October 2017. It's main ICO crowd sale will be on 6th November 2017 and it will run for 30 days.

The soft capital requirement is $1 Million.

If the soft capital requirement is not fulfilled unfortunately, then all the investors will be refunded in full.

These are the fdX coin price during the different phase of Crowd sale and their discount rate as well.

CTC (Day 1~2)
1 ETH = 575 fdX (15% bonus)

CTC (Day3~5)
1 ETH = 550 fdX (10% bonus)

CTC (Day6-30)
1 ETH = 500 fdx

For detailed overview, please head over to their official website and other social media channels.

Thank you.

Website: https://www.fidentiax.com/

Telegram Link: https://t.me/fidentiaX

Facebook Link: https://www.facebook.com/fidentiaX

Twitter Link: https://www.twitter.com/fidentiaX