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Warm greeting friends :), Currently Traditional invoice funding is vulnerable to security concerns because it only relies on trust relationships between buyers and sellers. Considering potential problems that may occur due to lack of security, Invox Finance is trying to develop a revolutionary platform that can make it easier for all users who deal with invoice financing.

Issues in Financing Traditional Invoicing

The Invox Finance platform is designed to prevent potential problems that may arise in traditional invoice financing. The problem includes the inability of buyers to pay bills and the complexity of procedures and legal regulations that must be passed by all parties.

Platform Model

One of Invox Finance's biggest plans is to design a peer-to-peer lending platform that aims to disrupt and innovate traditional invoicing sectors. Platforms will not require investors in the invoice process because through business platforms can automatically speed up their cash flow by selling their invoices. In this case, they become sellers and they will interact with investors who are interested in financing invoices. Investors are those who lend their assets to sellers within the platform.

The Invox platform model is categorized into four elements. The first is a decentralized system that allows all parties in the platform to interact. The second is direct access to individual investors. This will give some benefits not only to investors but also to sellers. In addition, the fourth is the lower rate for the seller. Unlike when they use traditional financiers, through the Invox platform, it is possible for the seller to pay only a small amount of interest charges.

Information on Token

The main reason why companies do ICO is to attract members to the system and one way to do this is through tokofox tokens sales. Once a seller can reach a top-level membership by obtaining a token in exchange for their purchase, eventually all sellers must have money taken to pay their membership each year and to gain access to the platform. Invox tokens can be purchased from ICO sales or from the platform itself.

That is why early inventory of tokox tokens is required when the platform is launched. Some tokens from Belu are allocated to platform founders. There are also other sections set aside for operational costs. In addition, some tokens will be allocated to the rewards program. After the ICO sale ends, no more Invox tokens are created. For ICO sales, not everyone can participate. Citizens from some countries like China and the US can not take part in ICO.

ICO will be held in two phases where at each phase there will be bonus structures that give buyers a good mark in pre-sales and sales sales. The pre-ICO sales will run for ten days from March 15 to March 24, 2014. Meanwhile, the main sales will begin on April 15, 2018. The last day of the main sale is on May 15, 2018. For a full month of great sales, bonuses are offered in bulk which differ depending on when the user buys a token.