Ferox Advisors: Things you should know about them

Ferox Advisors (also popular as FRX) was established in late 2013 as a hedge fund that provides many asset management services like algorithmic scalping, trading based on any special event, option market making, volatility arbitrage, etc.

As they already developed their own proprietary trading system in-house, they also get a chance to branch out in the field of cryptocurrency trading in 2017.

Ferox Advisor is a private held organization and currently they are not planning any kind of initial public offering (IPO), but there are many peoples that are amazed by the kind of business model they have and amount of cashflow they are going to get in the upcoming future.

To find the middle way here, they decided to launch one token generation event, so that the people who want to be a shareholder of this company can enjoy their upcoming profits numbers and can also get benefits from the FRX tokens in the form of utility.

So, this is a win-win situation for both the interested peoples and the promoters of the company.

One thing that you need to understand, if you start getting into the FRX tokens, you're not just buying the shares of any hedge fund company but also allow you for trading on their official website. In these dynamics bets, you're allow to make the daily predictions on upside potential and downside potential of so many popular cryptocurrencies as well as commodities including gold, silver, crude oil.

Thinking about he payout structure, Here it is guaranteed by smart contracts via FRX tokens and your profits from trading will also accrue to you on the monthly basis, isn't that amazing? also, if you're already into the trading, you'll become happy to know that, betting on the prices of bitcoin, Ethereum coin and so many other popular commodities will have the better odds, if you do that with the FRX tokens instead of TRX.

Here, they develop a payout structure on the basis of peer to peer distribution of all aggregate bets that are being place in the given time frame.

Coming towards the Initial supply of their coin and its valuation:

They decided to make the maximum supply of 700,000,000 FRX tokens even. In the initial stage, they are starting off with 400,000,000 FRX tokens with a valuation of 1 FRX will be equal to 1 TRX.

If you consider the first private funding this Ferox Advisors got in back 2015, its valuation comes almost around 5 million USD. Even if you take the value for 1 TRX token as 0.02 dollars (which is the average value, by the way!) , initial token offering by FRX can be considered as a great investment for the initial investors.

If you're thinking of loads of FRX tokens flows into the market after their initial token offering (ITO), they also clear those things in early from their side. they decided the cap of 200 million FRX tokens for the year 2020 whereas in the 2021, they are going to limit the circulative supply of their coin up to 400 millions.

The remaining 300 millions coin will the released on 1 Dec. 2021 which is almost an year later the ITO, which I think very good decision by the organization for their early investors.

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