Saturday, 21 April 2018

SPRINTX ECOSYSTEM

One of the most talked-about topics in the financial services industry today is blockchain and is the current biggest market disruptor. It was initially designed to facilitate, authorize, and log the transfer of bitcoins and other cryptocurrencies. Cryptocurrencies are digital money that use the blockchain technology to facilitate secure and anonymous transactions. The statistics as of today, show the market cap of crypto currencies at US $502,375,504,565 with block chain technology serving as its back bone. This combination is being further linked to various industries with an anticipation to revolutionize the traditional approach to businesses and reap benefits including cost reduction, faster settlements and increased transparency.

THE SPRINTX ECOSYSTEM

For you to have a full understanding of how the ecosystem works, you need to consider its three basic components. These are; SprintX, SwitchX and FundaciĆ³n NOVA. Each of these components interact to benefit startups, companies and investors.
Let’s explore how each of these components addresses specific issues in the current Startup and Financial industry.

TOKEN ALLOCATION

The total amount of token available is 2,600,000,000 SPTX. The largest percentage of the SPTX tokens, 33 percent, will be used for public sale. Next, 494,000,000 SPTX, which is 19 percent of the token will be reserved for M&A. Another 18 percent will be allocated for business development, while 15 percent goes to management.
Finally, the remaining 13 percent is divided among advisors, developers and bounty. A total of 260,000,000 SPTX goes to the advisers, 26,000,000 SPTX reserved for bounty and 52,000,000 SPTX for developers.

TOKEN SALE

The public sale of SprintX will be divided into two; the pre ICO and ICO. The Pre ICO, which started on March 19th and ends on April 10th 2018 will have a total of 186,550,000 SPTX for sale. The pre ICO sale comes with a 30 percent bonus.
However, at the ICO, 723,450,000 SPTX will be available for sale at the regular price. And this event begins on the 23rd of April till 23rd of June.
There are reward programs in place to make the ICO more attractive to investors. Apart from the 30 percent bonus that comes with the pre ICO, the SPTX token (being a security token), makes them entitled to a quarterly dividend from the exchange’s profit.
That means, every quarter, profit earned due to transactions made on SwitchX will be distributed to all token holders. But, the percentage due will depend on the amount of token held by the investors.
In addition to this, SPTX token holders will enjoy reward from the ten percent of the Tokens generated by the ICO that will be managed by the company. It is expected that this token will generate a greater volume within the exchange.

For more information please visit:

Website: https://sprintx.io/
Whitepaper: https://sprintx.io/docs/whitepaper-sprintx-en.pdf
Twitter: https://twitter.com/ICOsprintx
Facebook: https://www.facebook.com/pg/SprintX-248198742384321/about/
Medium: https://medium.com/@ICOsprintx
Telegram: https://t.me/sprintXICO
Ann Thread: https://bitcointalk.org/index.php?action=profile;u=1717810
Author--Raisingstars
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1930778
Eth Address:0x2F60B859BE75Bb34C0f41b22eDE5A43d42345dEb

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