Overview Of FDX Tokens !!
xChange with Confidence
It is known to everyone that "Life Insurance Industry" is generating billions of Dollars in premiums every year. Do you know in 2016 alone, the total market size for premiums in the 40 reporting countries was more than USD 3.86 trillions of Doller. These insurers have been benefiting from the opacity and byzantine standards of the sector. Eg, the inability of the insured to monetize their policies.
But there are so many benefits in buying an insurance policy on the open market. Eg. stable returns, fixed tenure, liquidity and low correlation with other asset classes. Only a little mass of policy holders are aware that they can take huge value from their insurance policy. The thing is they have to find best investors/buyers for their investment portfolio purchase.
FidentiaX is innovative platform allows us to buy these insurance policy from open market. FidentiaX tokens are Backboned by FdX- Crypto-Currency and this people to trade insurance policies for high gains, even before their policy got fully mature.
With application of the Blockchain technology, there are so many advantages in world of financial and insurance market. Some of the advantages which block chain technology have offered for various applications are :-
On top of it FidentiaX has brought best platform for insurance policy holder and traders. FidentiaX has integrated blockchain technology with insurance intusrtry whose per year turnover is more than $4 Billion Dollars and still booming a lot. We knows these policies are good long term instruments instrument and but if traded with proper knowledge and on proper platform (Which FidentiaX has already provided) can provide high liquidity on investments. FidentiaX platform is ideal platform for trading insurance policies, it has made trading polices very easy with use of FDX Tokens.
Introductory video of FidentiaX Bloackcahin Technology and FdX tokens (Crypto Currency) :-
As an adult it is the responsibility of a person that he/she must have Life Insurance Policy and other required policy too, so that in case of any unfortunate situation for him/her & for his/her family have assurance. So that they can have backup source in those situations. But problem comes when people grow old. In this case these people might not want to continue their insurance policy anymore & in this case, selling & surrendering their policies is the only option.
What is Insurance?
Definition of Insurance :-
Insurance is the assurance provided by the Insurance company to the Insured things or person, for the specific terms and condition. The insured person is bound to pay the fixed amount to the insurance company as part of the contract. In exchange, the insured pay a fixed amount to insurer once or in installments over a period of time.
Significance of Insurance :-
We all are aware with the significance of Insurance. It can't control any mishapping. But insurance can help in case any misshaping in near future by transferring or distributing risk. Every person is having her/his own insurance policy these days, whether life insurance or the general insurance. But maximum times, these insurance policies lacks in providing benefits, over a period of time. Question comes now, how insured person can get benefits from the policies?
Drawbacks with Traditional Insurance Platform :-
People aren’t well educated about the basic facts of Insurance premium and policy that these are transferable before their maturity and one can trade insurance policies at will. It is people mentality that after they have taken any insurance policy, then they have to live with it until it get mature.
An individual can transfer his/her insurance policy to the others without any hassle and even without any 3rd party. To ease us with all these problems, FidentiaX have brought a brand new platform, this platform allows us to trade insurance using Blockchain technolgoy.
FidentiaX- Empowering Policy Holders :-
FidentiaX will empower policyholders to monetize their policies. FidentiaX token provides fantastic opportunity for the building a portfolio of tradable policies, which provides stable returns and develops trustworthy platform for trading of these policies.
Now FidentiaX is here everyone can buy or sell Insurance polices instantly by leveraging the Blockchain technology. FidentiaX offers the blockchain based Marketplace to policies holders. It allows people to buy and sell Insurance polices without the guidance of any middle party and at very cost-effective price.
FidentiaX is a Crypto-Currecncy.
Let us know about Crypto-Currency 1st :-
Crypto-Currency are most popular form of digital currency. Crypto Currency is also known as Future alternative currency, virtual currencies or Decentralized Currency. These crypto-currencies are having value in real just like other physical assets like Gold, Silver, $ or INR etc. Bitcoin was the 1st Crypto Currency and its current value is more than $6k now as shown in below figure: -
Few other major advantages that we have with Block-chain technology are mentioned below :-
1 . Decentralization of funds.
2 . Low risk of Hacking and Stealing of funds.
3 . Freedom form govt. organization control.
"FidentiaX " World’s First Blockchain Based Marketplace For Trading Insurance Policies: -
Do you know instead of surrendering it to your insurer at a low value, now you can trade these policy on FdX Platform for high gains. Now next question arises What is FidentiaX ? FidentiaX is an Open Source Foundation (FOSF) which is First Blockchain Based Marketplace For Trading Insurance Policies. FidentiaX is Block-chain powered technology. There is huge demand of insurance policies, as the no. of buyers are exploding exponentially every year, these buyers are actively searching for tradable policies from the market. This provides so many benefits for these buyers.
Purchase FidentiaX System form :-
FidentiaX tokens can be used by participants for participation. User can purchase various insurance policies with an attractive discount FdX tokens .
Here is the link of FidentiaX – purchase token link portal. https://token.fidentiax.com/
* Charges for the Membershiping @ fdx platform can be used for purchasing the fdx tokens.*
Future planing and Roadmap of FidentiaX:-
Here is the roadmap and FidentiaX future offers that FidentiaX Team is going to offer to different trading Insurance policies holders.
Future Solution for the tradable policies :-
• Marketplace for trading of Insurance Policies.
• Dosnt require any middle party for trading the Insurance Policies.
• Easy Policy Transfer Process along with high cost.
• Fully transparent Marketplace.
Major Anuncements From Team
1 . White-listing is going to live by end of this week.
2 . Bounty is going to start tonight on the bitcointalk.
3 . They are going to live on Access (https://www.access-sg.org/) next week.*
Partner of @FidentiaX Project :-
FidentiaX Team is getting great support from Blockchain,PWS GROUP,SEGURO,BITCOIN PR BUZZ etc. And I am pretty positive about FidentiaX Crypto is going to full fill our expectations.
Initial Coin Offering (ICO) :-
ICO is going to live for Public on 6th November 2017. If you like to buy FDX tokens before November, 6th, in this case user have to signup 1st on the official FDX website. FidentiaX is going to conduct fund contribution live for the mass People, for the affiliates, for the company’s partners & for investors too on the 20th of October 2017.
CROWD TOKEN CONTRIBUTION (CTC)
FidentiaX is going to issue around 100,000,000 fdX tokens for the mass public, and they are going to provide handsome bonus amount too for the initial contributors:-
ICO crowd sale will run for 30 days.
The Total Coin Supply : 100 Million
Required Soft Capital : $1 Million
Below is the list of FdX token coin price, it is going to vary during the different phase of the crowd sale and their discount rate as well.
Allocation Of Funds :-
Terms & Conditions :- In case of not raising required Soft Capital, all the investors will be refunded in full.
Thanks for reading ..!!
Other Reading/Source:-