Venture Capital merges with blockchain technologies
Conventional venture capital investments are considered to be the exclusive domain of the rich and famous - we have all heard it before, right? The primary explanation for this idea is that there are still high entry barriers to this market - a criterion that wants to make sure that only the rich can invest into concepts such as Facebook, Uber or Airbnb. Thus, this consideration removes a remarkably consistent segment of people who cannot take part in such projects, because of the impediments we just mentioned.
Introducing ORYXCASH - a new way of investing
A revolutionary concept that decentralises this access, into the hands of such massive fluent customers. In doing so, Oryx grants new users and startups access to a large pool of investments.
A new digital asset class - OryxCash
OryxCash entrusts both the investors and the startups, as it acts as their close beneficial partner (an important aspect that guarantees that companies involved in this project will develop and reach their full potential); promoters can choose to raise additional funding for their ventures through solutions such as:
- Equity
- Quasi-equity
- Debt
This new approach permits and even encourages sponsors to stay committed to their work and become more involved in their projects. Why? Because OryxCash guarantees to put their interest on its top priorities list. Through this method, more and more small-ticket investors are enabled to invest in startups - a thing that was not permitted in the past. Startups will have the liquidity fast, when they need it most, by selling their holding and listed exchanges.
The business model for OryxCash can be best described as simple, yet very efficient: investors will acquire OryxCash, a currency that can be invested into startup opportunities. Moreover, the platform will grant users access to a unique portfolio. This will be analysed in detail and displayed in the Portfolio performance report (four times a year). The moment the collection presents positive growth (through the development and expansion of the underlying companies), this progress will be monetised through the issuance of Oryxcoin. Thus, this mechanism would mainly capture the income generated from the portfolio.
Again, the concept of the platform is uncomplicated - when the startups make money (and in doing so increase their profits tenfold, let’s say), Oryxcoin will be mined for those earnings. Also, it will be paid in the form of dividends to the respective members (directly to the Oryx payment wallets). The investors will have the liquidity to sell the coins peer-to-peer or in the cryptocurrency exchange platforms.
The initial coin offering is already open to the public and offers a 10% bonus in OryxCash. For more info, visit the official Oryxian website.
The journey continues
To learn more about this blockchain based project and find out how to obtain real value through investments, feel free to join the community at https://www.oryxian.com/. Here, Oryxian publishes engaging posts, useful guides, relevant news and encourages discussions between members or investors in this project. Also, don’t forget to join the Telegram group chats on the official Oryxian channel, at https://t.me/oryxianofficialgroup.
Is this project a hardfork of Nihilo coin project or just a collaboration with them? I have just seen the relation between these two projects on bitcointalk forum.
yes, it is a swap of Nihilo
"Oryxcoin will be mined for those earnings". How it is doing this? Is it a proof of work coin? Is it mined with asics or what type of technology do you use for mining?
It is not mined with asics. Oryxcoin can be used to make masternodes, 10.000 coins needed for one masternode. The masternode is setup into a VPS and get rewards from his work.
The mining is based on PoS as the Nihilo Blockchain uses Proof of Stake to achieve consensus. So, instead of using sophisticated high power consuming mining machines, all you need to participate in the mining process is a stake in OryxCoin in your OryxCoin wallet. Moreover, for those who want to earn lucrative rewards on daily basis, they can also acquire a dedicated masternode by keeping a collateral of 10,000 OryxCoin.
It is here to be noted that given the current pricing of OryxCoin, this can be taken as a good opportunity to acquire a masternode: given the various Oryx ssociated utility platforms e.g. Nickets, Bartero etc. gets announced, the price is expected to surge, as the project grows.
This model enables everyone to invest in startups, so we should do somethig about it. If we miss our window, big cooperates might come in and dominate this segment too.
This being said, I like ICOs that give dividents because most of the time you increase your portfolio's value by both the dividents and the increasing value of the token
Oryxcoin is an interesting project, it is absolutely decentralized and we'll see a mass adoption soon.
Yes,
Given the fact that Oryx has already signed agreement with various utility platforms and would support potential startups as per part of its OryxCash project, this would bring more and more acceptance and usage to the OryxCoin and we can really see cryptocurrency being used for shopping in near future.
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