Updates to the Invox Finance whitepaper!

The countdown to the Invox Finance Token Sale is underway, with the Presale starting on the 15th of March, and the team at Invox Finance is working around the clock to ensure that all queries about Invox Finance are addressed clearly.

A few points to highlight on the Invox Finance Token Sale:

• The Presale starts on the 15th of March at 00:00 (UTC)
• There’s a 30% bonus on offer during the Presale
• Our main Crowdsale begins on the 15th of April
• Crowdsale bonuses will be up to 20%
• Your minimum contribution in the Presale is just 1 ETH, which gets you 10,000 Invox Tokens!

At Invox Finance, we are committed to using the funds raised in the Token Sale to bring you a platform of the highest quality.

Here’s a chart that shows the way we will distribute the tokens:

What is Invoice Financing?

Invoice Financing ensures that many businesses (particularly smaller businesses with a relatively low cash-flow) are safeguarded when it comes to meeting their day-to-day expenses. This is accomplished as the seller is advanced money from the financier, who takes on the invoices. The seller then pays back the fees within the designated time frame, once their product or service has been carried-out.

Invoice financing is a global multi-trillion-dollar industry; it was valued at US$2.85 trillion in 2016, and the market trend shows that it will only continue to grow! And so, it’s no wonder that the industry has begun its shift into the blockchain.

Who is Invox Finance?

Invox Financing acts upon the same principles as invoice financing within the blockchain. It offers several beneficial changes to financiers existing outside the blockchain:

• It offers a decentralised platform — eliminating the need for outside financiers. Helpfully connecting sellers, buyers, investors, and other services directly, and makes the process more convenient for everyone!
• Lower rates for sellers — better interest rates than those offered by outside institutions;
• A new way for investors to diversify — providing exposure to loan products across a diverse range of industry sectors that were previously difficult to reach.

For these reasons and more, Invox Finance is a superior way of administering invoice financing within the blockchain compared with than more traditional institutions which operate outside of cryptocurrency.

Why choose Invox?

Invox Financing is one of two invoice financing options that currently exist within the blockchain interface. When comparing these two services, the Invox Finance platform offers a superior experience for the seller, investor and buyer — this is because of the experience our team has developed working in the invoice financing for several years (since 2012), during which time we successfully funded over A$30 million dollars for small businesses!

More reasons to choose Invox:

• Invox Finance rewards buyers and sellers in the form of Invox Tokens!
• Invox Tokens will be created on the Ethereum network — utilising the ERC-20 token standard, allowing sellers to access the Invox Finance Platform.
• Invox Tokens will be distributed to buyers and sellers as a reward for the verification and payment of invoices.
  Sellers who purchase a yearly member fee in Invox Tokens will progress through our Trusted Member Program which will discount the fees charged to the seller.
• The tokens gained by both seller and buyer will be tracked and this means that both parties can gain a good understanding of the level of financial risk associated with entering an agreement with the buyer/seller!

Thank you so much for your support. It has certainly has been an awesome journey so far! We could not be more excited to finally bring you the Invox Token and to truly make a global impact!

Thanks again from the team at Invox Finance!