Find.Exchange ICO

Find.Exchange
Verified ICO

We offer the everyday user a powerful aggregator, a search and comparison engine for Foreign Currency, Money Transfers in Fiat/Crypto and Prepaid Currency Cards.

ICO Ended
2018-06-16 - 2018-07-30
  Whitepaper |   Visit Site
ICO NOT YET RATED (NYR)


Team: NYR
Feasibility: NYR


We find and compare best exchange rates, speed, offers, rewards… bycomparing online money transfer, card providers, banks, FX bureaus, post offices, travel agents, supermarkets and more…

Key Features:

• Comparison engine (Rates, Speed of Transaction Delivery, Offers, Cash-back, Rewards, etc);

• Real up to date information on partners information and live rates;

• One-for-All KYC and AML checks;

• Excellent user experience, intuitive and Easy to use;

• Available in multi currencies and adapted to multi-languages;

• We are cross-platform;

What makes Find.Exchange different from our competitors is that we have over 33 top international partners registered on our platform. We have created a platform as a Software as a Service (SAAS platform) where our partners can manage their own a Customer Management System (CMS) platform and users can compare transfer companies through a transparent and easy-to-use platform fed by information direct from the merchant.With the blockchain technology, we aim to create a – Decentralized Global Comparison Money Transfer Platform Based on Blockchain for Fiat/Crypto Currencies.Through the decentralized architecture of Blockchain, the Find.Exchange platform will enable a more seamless, cost-efficient and secure way to transfer money abroad through our partners.The introduction of Blockchain within the KYC process will diminish the use of 3rd party KYC compliance companies.This will allow the independent verification of one user by one partner to be accessed by other partners, which in turn reduces the costs and delay of compliance for all partners.By integrating Blockchain technology within the transfer process, our partners will be able to reduce the number of foreign exchange intermediaries, such as banks, involved in the process. This reduction of foreign exchange intermediaries will ensure reduced cost, settlement times, higher efficiency and improved accuracy. Additionally, transaction details and personal information sent across the network will not be susceptible to hacks due to the decentralized nature of Blockchains. Find.Exchange Token (referred to as FEX Token) is an ERC-20 standard token with a fixed supply of 200million. Out of this total, 112.5million FEX Tokens will be distributed during ICO, with an additional 7.5million tokens reserved for a community bounty programme.

Our hardcap for the ICO will be $33m.

Distribution%

Participant Fex Tokens 56%

ICO- Token Sale 112,500,00025%

Find.Exchange Foundation 50,000,00010% Find.

Exchange Team 20,000,0004%

Community 7,500,0005%

Advisors 10,000,000

Unsold and Unclaimed Bounty Tokens

Will be distributed to existing token holders in the following way:

1) Distribute 75% to existing token holders at a rate 5% per month for 15 months.

2) Distribute remaining 25% as a reward to users of the Find.Exchange platform at a rate of 1% of transaction value.Usage of funds Below an overview of the usage of funds broken down in detailed fields.

% Description of usage Funds (TBC)35% We will; register to become an Authorised Payment Institution within UK and EU by also obtaining the e-Money KYC,AML licenses Depending the amount raised we will apply for further licenses: Russia, US, Parts of Central and South America, Central and South East Asia 25% Platform and Mobile Applications Development20% Business Development, Customer Support, General Operations and Costs10% Marketing and Brand awareness including events 10% Reserve for unexpected costs or emergency

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