Invox Finance is an invoice that will allow sellers, buyers, investors
and other service providers to connect, interact
Who is Invox Finance, Invox Finance Pty Ltd was founded by a member of ABR Finance Team Pty Ltd, a successful invoice financing company based in
Australia. As our team is undergoing an expansion phase, visit our website ( www.invoxfinance.io) for the most up to date information on our team. What is Invoice Financing, Traditional invoice funding is based on the purchase of invoice financiers from the seller. In return, financiers agree to forward money to the seller against each invoice. The buyer who buys the seller's product must pay the invoice directly to the investor. What is the main problem with traditional Invoice Financing The main problem with traditional invoice financing is that the investor buys an invoice from the seller and advances the funds against it has no direct relationship with the buyer. The financiers simply trust the information provided by the seller. As a result, the relationship between the seller and the buyer is not really transparent to the investor,
Australia. As our team is undergoing an expansion phase, visit our website ( www.invoxfinance.io) for the most up to date information on our team. What is Invoice Financing, Traditional invoice funding is based on the purchase of invoice financiers from the seller. In return, financiers agree to forward money to the seller against each invoice. The buyer who buys the seller's product must pay the invoice directly to the investor. What is the main problem with traditional Invoice Financing The main problem with traditional invoice financing is that the investor buys an invoice from the seller and advances the funds against it has no direct relationship with the buyer. The financiers simply trust the information provided by the seller. As a result, the relationship between the seller and the buyer is not really transparent to the investor,
1. In this paper, the seller is a business that sells goods or services and allows buyers a period of time to pay after delivery and invoice issues.
2. In this paper, the buyer is a business that buys goods or services from the seller and pays the seller within a certain period of time after delivery and invoice issues.
3. In this paper, investors are the ones who will lend money to the seller through the Invox Finance Platform. More information about who can be an investor on the Invox Finance Platform is
available in the Legal section of this paper. As part of the platform development, appropriate advice will be obtained for each regulation and license applicable requirements and necessary licenses will be sought.
available in the Legal section of this paper. As part of the platform development, appropriate advice will be obtained for each regulation and license applicable requirements and necessary licenses will be sought.
The Invox Finance platform is a decentralized peer-to-peer invoicing loan platform that will allow sellers, buyers, investors
and other service providers to connect, interact, share directly and distribute information. The platform aims to create environmental trust by facilitating transparency between parties and satisfactory performance. This platform will disrupt and revolutionize traditional invoicing of financing by implementing a system where trust and transparency between all parties is developed through the reward system it contains. In addition, the execution of transactions and information flows will not depend on a single centralized service provider, but instead is governed by a fully transparent set of transparently executed ledgers distributed.
Who will use our system
1. Investors look for higher rates of return and diversification
their investment portfolio.
2. Sellers who have invoices they want to sell to accelerate
their cash flow.
3.Buyers who will receive an extended invoice payment period and become valued to verify the invoice.
and other service providers to connect, interact, share directly and distribute information. The platform aims to create environmental trust by facilitating transparency between parties and satisfactory performance. This platform will disrupt and revolutionize traditional invoicing of financing by implementing a system where trust and transparency between all parties is developed through the reward system it contains. In addition, the execution of transactions and information flows will not depend on a single centralized service provider, but instead is governed by a fully transparent set of transparently executed ledgers distributed.
Who will use our system
1. Investors look for higher rates of return and diversification
their investment portfolio.
2. Sellers who have invoices they want to sell to accelerate
their cash flow.
3.Buyers who will receive an extended invoice payment period and become valued to verify the invoice.
Invoicing Financing
Many businesses, especially small businesses, are involved in providing goods and services struggling to stay afloat due to cash flow problems. They can not meet their daily expenses and commitments due to the lack of cash generated on a regular basis. Every business has different settings with diverse contractors and employees. Often businesses will receive payments for their goods and services every month, but in the meantime it will be necessary for them to meet their weekly or two-week expenses, such as employee salaries. We will refer to the invoice financing facility, in which the investor forward the funds to the seller against the invoice issued as an invoice loan "or" invoice loan "or" loan ". This is just one example illustrating how an array of industries, such as IT services, wholesale, manufacturing, buildings, labor and rental equipment continue to experience this periodic cashflow problem. Seller aims to get the best price for their goods or service and receive payment for this as soon as possible. Usually, on the delivery of goods or services to the buyer, the seller will issue an invoice to the buyer. An invoice will determine the amount due and payment due date. In business for business transactions, sellers almost always allow buyers of certain periods to pay invoices. This can range from 7 days and up to 90 days, from the date of issue of invoice. Allowing buyers to delay invoice payments makes the seller more competitive. However, this generosity can also create periodic cash flow problems for the seller. To speed up their cash flow, the seller may choose to get invoice invoice issues. financing. Unlike bank overdrafts (which are fixed and based on the value of the underlying collateral), the invoice financing is flexible and will increase as the business grows. If a seller sells more products and issues more invoices, they will be able to raise more funds based on the invoice, of course provided that the invoice is not at issue and issued to buyers who have an acceptable credit rating. The buyer's interest is to get the lowest possible price for them buying and delaying the invoice payment as long as possible, so flexible invoice financing and will increase along with business growth. If a seller sells more products and issues more invoices, they will be able to raise more funds based on the invoice, of course provided that the invoice is not at issue and issued to buyers who have an acceptable credit rating. The buyer's interest is to get the lowest possible price for them buying and delaying the invoice payment as long as possible, so flexible invoice financing and will increase along with business growth. If a seller sells more products and issues more invoices, they will be able to raise more funds based on the invoice, of course provided that the invoice is not at issue and issued to buyers who have an acceptable credit rating. Buyers' interest is to get the lowest possible price for them buying and delaying the invoice payment as long as possible, so of course provided that the invoice is not at issue and issued to buyers who have acceptable credit ratings. Buyers' interest is to get the lowest possible price for them buying and delaying the invoice payment as long as possible, so of course provided that the invoice is not at issue and issued to buyers who have acceptable credit ratings. Buyers' interest is to get the lowest possible price for them buying and delaying the invoice payment as long as possible, so
optimize their working capital. In order to obtain pending invoices for payment terms from sellers, buyers usually need to
complete a seller credit application to prove to the seller that they have a certain financial standing. There are competing interests with respect to the invoice creation process. The implication is that parties with weak bargaining power will be disadvantaged. In the case of sellers, they should seek additional funds to finance the buyer effectively until the buyer pays the invoice. From the buyer's point of view, once the seller has access to invoice financing, the seller is in a position to provide an extended repayment period to the buyer (ie giving buyers more time to pay their invoices), thus optimizing the buyer's cash flow position.
optimize their working capital. In order to obtain pending invoices for payment terms from sellers, buyers usually need to
complete a seller credit application to prove to the seller that they have a certain financial standing. There are competing interests with respect to the invoice creation process. The implication is that parties with weak bargaining power will be disadvantaged. In the case of sellers, they should seek additional funds to finance the buyer effectively until the buyer pays the invoice. From the buyer's point of view, once the seller has access to invoice financing, the seller is in a position to provide an extended repayment period to the buyer (ie giving buyers more time to pay their invoices), thus optimizing the buyer's cash flow position.
Traditional Invoicing Financing
A small business can speed up its cash flow by selling its invoices to a financier and in return, get cash immediately. Financiers will usually approve the business for this facility based on
the financial strength of its customers (ie for whom inventory and invoice business issues). Should the customer quit payment or fail to pay the invoice, the responsibility will fall on the seller. From
the investor's point of view, the invoice is the only security. Customer disputes, non-payment of invoices and frauds reduce the integrity of this invoice. To address this issue, the financiers have processes and procedures to assess each debtor, verify the invoice, obtain proof of delivery and
confirmation of payment obligations. These processes take time and require substantial labor. To further mitigate the risks, investors will also seek external services of parties such as credit checking agencies, debtor insurance, lawyers and debt collectors. This option will usually fix the cash flow problem but it can be expensive as the fees
charged by financiers are usually very high. This is because the invoice financing costs will typically have two components, interest rates charged on the money in circulation (this is usually between 1.5% and 3% above
London Bank Interbank Discount Rate (LIBOR)) and service charges, which are usually between 1.6% and 3% of the seller's annual turnover. For example, if Seller has an incredible $ 100,000 on average over a 12 month period with an annual turnover of $ 1,000,000, the total effective annual rate paid to financiers may be between $ 8,000 and $ 34,500, or 8% per annum up to about 34.5% per annum Typically, the annual percentage of tariffs paid by small businesses will be on the higher end of the above range, ie, between 25% and 34.5%. Financiers can also charge other fees, such as late payment fees and overfunding fees, which can further increase the effective interest rate paid by the seller to the financier. Bill financing can be the best short-term financing solution,
the financial strength of its customers (ie for whom inventory and invoice business issues). Should the customer quit payment or fail to pay the invoice, the responsibility will fall on the seller. From
the investor's point of view, the invoice is the only security. Customer disputes, non-payment of invoices and frauds reduce the integrity of this invoice. To address this issue, the financiers have processes and procedures to assess each debtor, verify the invoice, obtain proof of delivery and
confirmation of payment obligations. These processes take time and require substantial labor. To further mitigate the risks, investors will also seek external services of parties such as credit checking agencies, debtor insurance, lawyers and debt collectors. This option will usually fix the cash flow problem but it can be expensive as the fees
charged by financiers are usually very high. This is because the invoice financing costs will typically have two components, interest rates charged on the money in circulation (this is usually between 1.5% and 3% above
London Bank Interbank Discount Rate (LIBOR)) and service charges, which are usually between 1.6% and 3% of the seller's annual turnover. For example, if Seller has an incredible $ 100,000 on average over a 12 month period with an annual turnover of $ 1,000,000, the total effective annual rate paid to financiers may be between $ 8,000 and $ 34,500, or 8% per annum up to about 34.5% per annum Typically, the annual percentage of tariffs paid by small businesses will be on the higher end of the above range, ie, between 25% and 34.5%. Financiers can also charge other fees, such as late payment fees and overfunding fees, which can further increase the effective interest rate paid by the seller to the financier. Bill financing can be the best short-term financing solution,
How Financing Traditional Invoicing Works
Billing is based on the purchase of invoice financiers from the seller.
Once the financiers approve the seller to finance the facility invoice, the financier will agree to advance the money to the seller against each invoice. When the seller issues an invoice to the buyer, the seller will request funds from the financier against this invoice (usually up to 80% of
the face value of each issued invoice). The financier will then advance the agreed amount to the seller. Financiers will rely on invoices that must be paid directly to them by the buyer in time, in order to have their invoice finance loan repaid. Second Transaction Financiers will then need
that payments for all issued invoices are made into account banks controlled by financiers. Sellers must notify new
customers (buyers) of bank account details and all
future invoice payments will require to be made to that account. Third Transaction When the financier receives a full payment to be funded invoice from the buyer, it will return the balance of
the invoice value to the seller minus the cost. Usually this is 20% less cost or any interest.
Once the financiers approve the seller to finance the facility invoice, the financier will agree to advance the money to the seller against each invoice. When the seller issues an invoice to the buyer, the seller will request funds from the financier against this invoice (usually up to 80% of
the face value of each issued invoice). The financier will then advance the agreed amount to the seller. Financiers will rely on invoices that must be paid directly to them by the buyer in time, in order to have their invoice finance loan repaid. Second Transaction Financiers will then need
that payments for all issued invoices are made into account banks controlled by financiers. Sellers must notify new
customers (buyers) of bank account details and all
future invoice payments will require to be made to that account. Third Transaction When the financier receives a full payment to be funded invoice from the buyer, it will return the balance of
the invoice value to the seller minus the cost. Usually this is 20% less cost or any interest.
Problems with Invoicing Financing Currently
Invoicing Financing Opportunities The main problem with traditional
financing invoices is that the buyer buys invoices from the seller, and advances funds against them, has no direct relationship with the buyer. Financiers merely trust the information provided by the seller. The relationship between the seller and the buyer is not entirely transparent to the
investor and therefore exposes the investor to a considerable risk of
invoices are not paid as agreed, or are being debated. Traditional invoice funding is based on a trust relationship between the seller and the buyer. When the seller sends goods or services to the buyer without cash payment, the seller must believe that the buyer will pay him the goods or services agreed between them. Fraudulent behavior on behalf of the seller is also a problem. Sellers can easily fabricate fake invoices and sell them to funders. The seller can also try to sell the same invoice to a number of investors, to fraudulently obtain more funds for the same invoice.
financing invoices is that the buyer buys invoices from the seller, and advances funds against them, has no direct relationship with the buyer. Financiers merely trust the information provided by the seller. The relationship between the seller and the buyer is not entirely transparent to the
investor and therefore exposes the investor to a considerable risk of
invoices are not paid as agreed, or are being debated. Traditional invoice funding is based on a trust relationship between the seller and the buyer. When the seller sends goods or services to the buyer without cash payment, the seller must believe that the buyer will pay him the goods or services agreed between them. Fraudulent behavior on behalf of the seller is also a problem. Sellers can easily fabricate fake invoices and sell them to funders. The seller can also try to sell the same invoice to a number of investors, to fraudulently obtain more funds for the same invoice.
In addition, there are issues of information sharing and the lack of transparency between the parties. In their risk assessment, Financiers want as much visibility as possible for sellers and buyers.
Other Financing Options for Sellers
In addition to Invoice Financing, small businesses also have several other financing options available to them to lighten periodic
cash flow issues.
cash flow issues.
Market now
Invoice financing is a global market valued at about $ 2.85 trillion USD.1 Recent figures show sustained growth in global finance industry invoices, with only a handful of contractioning markets, such as China, Taiwan, Turkey and Japan. Markets that recorded the highest growth rates in the industry as shown below include Brazil, Hong Kong, Holland and Argentina. In Europe, which is two-thirds of the market, the biggest players behind the Netherlands are Italy, France, and Germany. Outside the EU it is worth noting that Russia, Mexico, and Australia are also high performers.
Invox Financial Model
How Invox Finance will disrupt and revolutionize traditional
Invoice Financing. We plan to disrupt and revolutionize
the traditional invoicing finance industry by implementing a global distribution of
peer-to-peer lending platforms called the Invox Finance Platform. This platform will completely eliminate the need for a financier involvement by linking businesses that want to accelerate them
cash flow through the sale of their invoice Seller, directly with the investor who wants to finance this invoice. Decentralized Platform The Invox Finance platform will enable sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information. Direct Access to Investor Platform Invox Finance will provide direct seller access to individual investors. This newly distributed peer-to-peer lending environment will benefit both sellers and investors. Lower Tariffs for Sellers will be able to obtain lower interest rate financing than normally received from traditional financiers. A new way for Investors to Diversify Investors will be given access to most current product investments only
available to banks and finance companies. The Invox Finance platform will provide investors with exposure to loan products that will comprise loan fragments from a large number of diverse businesses across various industry sectors.
Invoice Financing. We plan to disrupt and revolutionize
the traditional invoicing finance industry by implementing a global distribution of
peer-to-peer lending platforms called the Invox Finance Platform. This platform will completely eliminate the need for a financier involvement by linking businesses that want to accelerate them
cash flow through the sale of their invoice Seller, directly with the investor who wants to finance this invoice. Decentralized Platform The Invox Finance platform will enable sellers, buyers, investors and other service providers to directly connect, interact, share and distribute information. Direct Access to Investor Platform Invox Finance will provide direct seller access to individual investors. This newly distributed peer-to-peer lending environment will benefit both sellers and investors. Lower Tariffs for Sellers will be able to obtain lower interest rate financing than normally received from traditional financiers. A new way for Investors to Diversify Investors will be given access to most current product investments only
available to banks and finance companies. The Invox Finance platform will provide investors with exposure to loan products that will comprise loan fragments from a large number of diverse businesses across various industry sectors.
- Source In this paper, the investor is the person who will lend the funds to the seller through Invox Financial Platform. More information about who can be an investor in the Invox Finance Platform is available in the Legal section of this paper. As part of the platform development, appropriate advice will be obtained for each regulation and license applicable requirements and necessary licenses will be sought.
- As part of the platform development, appropriate advice will be obtained for whatever regulatory and licensing requirements apply and any necessary licenses will be sought.
Platform Overview
Dynamic Contract Smart Dynamic Invoice A Dynamic Invoice Smart Contract set will be distributed to Ethereum mainnet. They will facilitate the creation of fully dynamic invoices and registration of these invoices on distributed ledgers. Dynamic invoices will also be stored additional information such as invoice verification status, advance made to invoice and payment received. They will also make sure that the information stored in the ledger is transparent, reliable and secure. Blockchains allow data structures to represent invoices to use and serve as tamper proof. This allows all major ledgers to see the state of the invoice with respect to the time. Smart Loan Contract This smart contract will also be distributed on Ethereum mainnet. This contract will allow the flow of funds between investors, sellers and buyers.
contract conditions are met) and activate loan fragmentation to reduce risk to investors. The terms and conditions of the loan will be encoded into a smart contract, providing assurance to all participants that the terms and conditions will be applied. User Access and Processing Hub This is where all parties will meet and interact with each other. Hub's primary goal is to allow investors, sellers, buyers and other interested parties to have a seamless and efficient way to communicate, exchange information, and facilitate initiation and execution of various smart contracts and processes. Bank API Integration
Jobs cron linux / python will manage calls from our banking
API partners to smart contract. It will be hosted on Microsoft Azure cloud hosting, using "Key Vaults" for key management. Future deployments can be run in local data centers using HSM Gameloto to facilitate signing transactions. More detailed description of the Invox Finance Platform is provided in this "
White Book " Platform section .
contract conditions are met) and activate loan fragmentation to reduce risk to investors. The terms and conditions of the loan will be encoded into a smart contract, providing assurance to all participants that the terms and conditions will be applied. User Access and Processing Hub This is where all parties will meet and interact with each other. Hub's primary goal is to allow investors, sellers, buyers and other interested parties to have a seamless and efficient way to communicate, exchange information, and facilitate initiation and execution of various smart contracts and processes. Bank API Integration
Jobs cron linux / python will manage calls from our banking
API partners to smart contract. It will be hosted on Microsoft Azure cloud hosting, using "Key Vaults" for key management. Future deployments can be run in local data centers using HSM Gameloto to facilitate signing transactions. More detailed description of the Invox Finance Platform is provided in this "
White Book " Platform section .
Inbox vs. Populous and Peer-to Peer other platforms
Most of the peer-to-peer invoicing platform financing uses a centralized structure. All of these platforms basically connect invoice salesmen and investors in the online environment. Unlike this centralized solution both in Populous and Invox Finance are looking for future blockchain to solve current invoicing issues of financing. Invox Finance is very respectful for the goals targeted by the Populous team to achieve. The current invoicing of a centralized financing environment requires disruption. Both Invox Finance and Populous are in front of this
line of harassment. However there are some major differences highlighted on this page between Populous and Invox. The following table compares the two platforms.
line of harassment. However there are some major differences highlighted on this page between Populous and Invox. The following table compares the two platforms.
Invox Finance Platform
1. Blockchain or Etherealum Distributed Large Booklet
2. Dynamic Smart Invoice
Contract 3. Smart Loan Contract
4. User Access and Processing Hub
2. Dynamic Smart Invoice
Contract 3. Smart Loan Contract
4. User Access and Processing Hub
Mechanics & Benefits
In this paper we will refer to the collection of models representing invoices or loans as "ledgers". Smart Contract is a program that runs business logic and enforces the terms in it
cryptographic code. Smart Contracts provide solutions to issues of transparency and automation as they manage the interaction between parties, interactions from different parts of the platform, and the flow of funds between the parties.
Each Intelligent Contract will contain set terms and conditions and will be
written in programming blockchain Solidity language.
cryptographic code. Smart Contracts provide solutions to issues of transparency and automation as they manage the interaction between parties, interactions from different parts of the platform, and the flow of funds between the parties.
Each Intelligent Contract will contain set terms and conditions and will be
written in programming blockchain Solidity language.
Smart Contracts & Profits
Dynamic Contract Contract Invoice
This set of smart contracts will facilitate the creation and registration of dynamic invoices to promote authenticity and transparency to all parties involved buyers, sellers, investors and other interested parties such as debtor insurance. It will also happen to
act as a safeguard against data manipulation by either party.
Registration and Verification of Invoices Once an invoice is created, it is registered on a timeless distribution of ledgers that will provide relevant invoices of
information to the parties of the transaction under the access rights mechanism. For example, the seller will register an invoice on the ledger and allow access to this invoice to buyers, investors, and debtor insurance companies. If the seller requests funds from this invoice from
an investor (or investor), the system will register investor interest in the invoice in the ledger. The Invox Finance Platform will then automatically request the buyer to verify that the goods and /
or service has been submitted and that the information contained therein is correct, and is due and paid directly through Invox Financial Platform. In addition, if the seller asks the debtor's insurance for this invoice, the debtor insurance company will also
can take note of their interest and see the invoice verification status. Confidentiality and Privacy Access to any information with respect to a particular matter of invoices will be under the sole control of the seller, which would prevent or grant access to full or partial billing information to interested parties, thereby protecting confidentiality and privacy. No personally identifiable information, such as business name, address and business identification numbers are stored in blockchain. The user is a known system through one of their public keys. Registered users will be issued more than one public key to obscure the user's identity. All other sensitive data is stored securely from the chain, and only SHA3-512 hashes are added to the public chain. This information can not be reversed to produce original digital content.
parties that have been granted access to vendor-specific invoices. The Invoice Settlement The ledger will facilitate and record the settlement of the invoice, upon receipt of full payment, and mark the invoice as closed and completed. For example, if an investor lends 80% of the value of
a particular invoice, when receiving full payment, the system will calculate and execute the amount paid to the investor (including interest) and send the balance to the seller. Third Party Involvement Third parties will be able to register and debit their interest in certain invoices. This
will be used in addition to registration on the Personal Properties and Securities Register (PPSR), an electronic list that enables registered security interests in Australia. Similar registers exist in the US, Europe, and other jurisdictions. Dispute resolution Dispute resolution will be facilitated by the ability to provide reliable evidence to court or direct mediators of invoice records kept in the ledger, eliminating the need for protracted
information disclosure processes. Terms may be enforced through the smart contract itself, such as a penalty for late payment.
information to the parties of the transaction under the access rights mechanism. For example, the seller will register an invoice on the ledger and allow access to this invoice to buyers, investors, and debtor insurance companies. If the seller requests funds from this invoice from
an investor (or investor), the system will register investor interest in the invoice in the ledger. The Invox Finance Platform will then automatically request the buyer to verify that the goods and /
or service has been submitted and that the information contained therein is correct, and is due and paid directly through Invox Financial Platform. In addition, if the seller asks the debtor's insurance for this invoice, the debtor insurance company will also
can take note of their interest and see the invoice verification status. Confidentiality and Privacy Access to any information with respect to a particular matter of invoices will be under the sole control of the seller, which would prevent or grant access to full or partial billing information to interested parties, thereby protecting confidentiality and privacy. No personally identifiable information, such as business name, address and business identification numbers are stored in blockchain. The user is a known system through one of their public keys. Registered users will be issued more than one public key to obscure the user's identity. All other sensitive data is stored securely from the chain, and only SHA3-512 hashes are added to the public chain. This information can not be reversed to produce original digital content.
parties that have been granted access to vendor-specific invoices. The Invoice Settlement The ledger will facilitate and record the settlement of the invoice, upon receipt of full payment, and mark the invoice as closed and completed. For example, if an investor lends 80% of the value of
a particular invoice, when receiving full payment, the system will calculate and execute the amount paid to the investor (including interest) and send the balance to the seller. Third Party Involvement Third parties will be able to register and debit their interest in certain invoices. This
will be used in addition to registration on the Personal Properties and Securities Register (PPSR), an electronic list that enables registered security interests in Australia. Similar registers exist in the US, Europe, and other jurisdictions. Dispute resolution Dispute resolution will be facilitated by the ability to provide reliable evidence to court or direct mediators of invoice records kept in the ledger, eliminating the need for protracted
information disclosure processes. Terms may be enforced through the smart contract itself, such as a penalty for late payment.
Invox Token Integrated with our Trusted Program Members
To gain access to the seller of the Invox Finance Platform will need to pay an annual membership fee in Invox Token. Buyers and investors will not be required to pay any membership fees. The membership program will have a number of levels: entry tier, mid tier and top tier. Initially, for the seller to gain access to the Invox Financial Platform, the seller needs to purchase the amount of Invox Token required during ICO at a discount or after the ICO of the Invox Finance platform.
What is an Invox Token
Invox Tokens will be created on the Ethereum network using the ERC-20 Standard and will have the following utilities, providing access to the platform through Trusted Members of the Program and, rewards work being performed for the platform. That is, the system will reward buyers and sellers with Invox Tokens for verification invoices, invoicing and settlement payments.
Why should I participate in Initial Coins Offer
Invox Token will grant the right of its holder to access the Invox Finance Platform through the Trusted Members Program. By participating in the two-stage ICO Invox Finance, you will be provided with the opportunity to earn Invent Tokens at a discount.
How our ICO is run
ICO is run in two parts with bonus systems that benefit
participants in pre-ICO as well as during ICO itself. For more information visit www.invoxfinance.io .
Early Coins offerings
The rationale behind the implementation of ICO is to pre-sell membership to the system through the sale of Invox Tokens. While sellers can get middle or upper level membership through either purchasing Tokens or their invox results through awards for verification and invoice payments, initially all sellers must purchase an Invox Token (either at ICO at a
discounted rate or from Invox Finance Platform) to be able to pay their annual membership and accessing Invox Finance Peron. For this reason there should also be an inventory of early tokens when the Invox
Financial Platform is introduced. The final number of Invox Token printed
will be released on our website at www. invoxfinance.io. The founding and advisory teams will be allocated part of the Invox Token, which will be locked in the Testament. This amount will be calculated by multiplying the number of tokens sold by 0.20. Invox tokens will also be set aside for operational funds. This amount will be calculated by multiplying the sold amount. token of 0.20. In addition, there will be an invox Token set aside for prize rewards and airdrops programs. This amount will be calculated by multiplying the token selling amount by 0,05. All Invox Token will be made at one time, after the conclusion of ICO. The maximum Invox inventory amount that may be printed Token will be 464 million. This is based on the maximum possible bonus rate, maximum allocation (as listed above) and token conversion 1ETH = 10. 000 INVOX. It should be noted that the average bonus rate in ICO will be lower than the maximum possible bonus rate. For this reason the total supply will likely be lower. For more information, please visit www.invoxfinance.io . Citizens and residents of the United States of America, China or any citizen
who prohibits ICO or cryptocurrency will be unable to participate in the ICO.
discounted rate or from Invox Finance Platform) to be able to pay their annual membership and accessing Invox Finance Peron. For this reason there should also be an inventory of early tokens when the Invox
Financial Platform is introduced. The final number of Invox Token printed
will be released on our website at www. invoxfinance.io. The founding and advisory teams will be allocated part of the Invox Token, which will be locked in the Testament. This amount will be calculated by multiplying the number of tokens sold by 0.20. Invox tokens will also be set aside for operational funds. This amount will be calculated by multiplying the sold amount. token of 0.20. In addition, there will be an invox Token set aside for prize rewards and airdrops programs. This amount will be calculated by multiplying the token selling amount by 0,05. All Invox Token will be made at one time, after the conclusion of ICO. The maximum Invox inventory amount that may be printed Token will be 464 million. This is based on the maximum possible bonus rate, maximum allocation (as listed above) and token conversion 1ETH = 10. 000 INVOX. It should be noted that the average bonus rate in ICO will be lower than the maximum possible bonus rate. For this reason the total supply will likely be lower. For more information, please visit www.invoxfinance.io . Citizens and residents of the United States of America, China or any citizen
who prohibits ICO or cryptocurrency will be unable to participate in the ICO.
Token Allocation & Sales Structure
Fund Details
Roadmap Invox
for more information on invox finance visit below here
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