What is FintruX - FTX

Source: FintruX Whitepaper | FintruX website

FintruX technology supports an innovative marketplace and administration model to efficiently connect and process the global supply and demand of capital. Their platform also removes the need for physical infrastructure and brings out convenience and total automation, increasing efficiency, reducing manual processes and improving the overall borrowing and lending experience.

Through credit enhancement, the lender is provided with reassurance that the borrower will honor the obligation through over -collateralization as additional collateral, local third -party guarantor, cross -collateralization as insurance, and FintruX ultimate protection reserve.


FintruX - lending platform

FintruX Network has an transparent open ecosystem. They are partners with rated agencies such as identity, KYC/AML, credit scoring, credit model, and payments to provide lenders a wide variety of choices to adjudicate their loans. These agencies all play a role in the instant matching of our lenders and borrowers.





FintruX Network is a multi-sided platform and ecosystem that delivers value not just to borrowers and lenders, but also to guarantors and agencies.

The lender will deposit funds and choose a credit decision package provided by one of the rated agencies; which include recommended fraud, identity and credit scoring agencies.

Borrowers filter criteria based on available funding parameters and are instantly matched to appropriate lenders. Borrowers can be represented by affiliate marketing agency partners.

The FTX Token



The FTX Token is used to power the FintruX Network and works as a means to reward or get rewarded for participation in the marketplace.

FTX is transferred from one participant to another as activities are carried out on the FintruX Network. 

FTX Tokens serve several key functions in FintruX ecosystem:

• Transaction execution reward
• Token collateralization reserve
• Rewards for good behavior
• Punishment for bad behavior
• Reward for providing information
• Platform access
• API license


The FTX Token is used to power the FintruX Network and works as a means to reward or get rewarded for participation in the marketplace.

FintruX Network will be rewarded a fee subsequent to executing these activities. Ownership of FTX Token carries no rights other than the right to exchange and claim over the platform. FTX does not represent or confer any ownership right or stake, share or security or equivalent rights, intellectual property rights or any other form of participation relating to the FintruX Network.

Over the course of their operation, it collects FTX tokens as fee where FintruX will continuously sell the tokens back to participants to maintain the token economy and finance the operation.

To know more about Fintrux Network, visit here: FintruX website & Whitepaper

Click here to know more about FintruX ICO : Token Sale




Disclaimer: I am not a financial advisor. It is not intended to be investment advice.
I do research and reference the sources that I use within my writing. This is my personal views and opinions and is for information purposes only.