FastInvest
Up to about a decade ago, banking was pretty much a ‘walk-into-branch-wait-in- queue-fill-forms’ kind of affair. The whole thing had to be planned with military precision: Figure out what time would the bank be the least busy, elucidate how many tellers would likely be away or on sick leave at any one time, and can I really face having to make small talk again with the old lady who always seems to be before me in the queue?
There was a time when the local bank branch was indeed the focal point of social
activity in small town wherever. The hub where people met both to do their banking
business and to find out who had become pregnant last weekend, and by whom.
But not anymore. The yonder years of having to actually walk into a physical branch
are well and truly over. Technology, particularly the advent of the internet, has spawned a new breed of remote, online, digital banking business.
And now, blockchain technology has gone a step further and created the right conditions for a decentralized, digital banking environment.
Fast Invest is a new ICO that thrives in such environment, providing digital banking and a raft of financial products through the blockchain, including consumer-based loans and Peer-to-Peer (P2P) financial products.
Fast Invest Opportunity
Fast Invest offers a few opportunities to investors interested in its FIT token ICO. First and foremost is the ability to access the company’s crypto platform when it is finished being developed, as this will enable members who have at least 1000 FIT to use Fast Invest as an investment platform or to use any of the other still in-development tools coming to the platform.
Secondly, Fast Invest plans to encourage FIT tokens to be traded on public exchanges, which means that investors can hold these tokens as a speculative investment in the hopes that the valuation will rise.
Fast Invest Verdict
Fast Invest seems to have some serious opportunities for crypto investors. The ability to access an all-in-one crypto platform provides some avenues to grow individual crypto assets, especially with Fast Invest’s plans to institute peer-to-peer crypto lending in addition to its current fiat currency consumer lending business. This certainly differentiates Fast Invest from other ICOs.
That being said, we’re not sure if Fast Invest as a company is experienced enough to be trusted to handle the development and implementation of its plans. Prior to its crypto platform project, the company was limited to working exclusively in eastern European financial lending markets; now that it’s going worldwide, it could be biting off more than it could chew.
We can’t see the future, but we’d like to think that Fast Invest will have some middling to moderate success in its ICO. We’re not confident that it’s going to grow as big as major players like Coinbase, but it might be interesting to see how things develop.