Review of ICO FAXPORT

                                                           

FAXPORT is a promising platform that provides business services in the field of various sports. Due to the decentralized network Blockchain service provides the participants of the world business community a quality connection. Thanks to this, consumers and service providers interact most effectively.An innovative approach ensures the active development of the commercial world commercial market. The developers are trying to create a completely new ecosystem in the field of physical culture. It will be based on transparent interaction, the most attractive incentives.Features of the FAXPORT projectSpecialists began developing the platform in 2016. For two years they managed to achieve impressive results. In early 2018, Faxport Holdings Limited was registered in Seychelles. An innovative commercial sports ecosystem was created based on trust, encouragement. At the same time, no fee is charged for the services provided by the platform participants. To ensure data encryption, decentralization, maximum security, Blockchain technology is used.

The main goal of the developers of FAXPORT is to turn the platform into the most attractive, popular platform. The project is based on the clever contract Ethereum. Participants can receive FAS tokens in the process of activity or buy them. The funds received can be used for various purposes. For example, a crypto currency can be used to pay for and successfully conduct all kinds of transactions.

Providing verified data

Developers pay special attention to the relevance of the information provided. For this reason, specialists decided to open a data bank in the field of electronic sports commerce. Getting accurate information about the world's physical education industry, including information about suppliers, sports arenas, allows you to create a database with 100 percent confidence level based on Blockchain. In addition, users will appreciate the following platform features:

• FAXPORT unites various employees of the physical culture industry. Specialists live in different countries of the world. Therefore, the information provided by them is unique and in some cases particularly useful. Through the FAXPORT platform, participants can find reliable partners who deserve maximum trust;
• service allows you to attract talented employees who are competent in the field of sports. To do this, it is necessary to set the optimal amount of remuneration for expansion, speed up information on personnel search. Thanks to this, experienced specialists will be found in the shortest possible time;
• the possibility of voting for the project of interest: the FAX GO decentralized physical fitness platform was launched after a public vote. Users of the FAXPORT service can support the most promising competition, start-up.

Availability of the FAXPORT reference database

The sports trade database FAXPORT, if necessary, will provide verified information to the companies submitting the request. The search for necessary information will be carried out promptly. Thanks to the search system, users will be able to find out what the authorized capital of the company is, what specialists are part of the team.The FAXPORT database will be especially useful for those participants who are active in the field of the sports industry. It can be professional specialists, as well as investors who want to invest in a prospective project.Data acquisition on the FAXPORT platform is carried out in various ways, namely:

• users add information themselves;
• data collection is carried out using a system of algorithms;
• participants can collect verified information and add it to the platform;
• the provision of information is carried out by teams of specialists who work for the subsidiary companies FAXPORT.

On the FAXPORT platform, FAS tokens are used as rewards. Thanks to the use of crypto currency, the accounting methods used are considerably simplified. Rewarding users for active work can be done in the FAS crypto currency. If a participant needs more information or needs to download it, the currency can be exchanged.The service, in turn, will use the user service fee for each transaction within the ecosystem. The funds received will be used to service, further develop, expand the ecosystem, improve the platform.

The FAXPORT system ensures maximum reliability of the data provided through a special system of decentralized analysis. In the event that a user has any doubts about the reliability of the information, the request can be sent for verification. The specialist will review the data and create a survey in which all interested users will participate. Based on the results of the survey, experts will draw the appropriate conclusions and, if necessary, punish the author of false data.

Procedure for reviewing data on the FAXPORT platform

Data quality assessment is carried out on the site in the following order:

• the user sends a test request and loads the evidence for the IPFS file system. Materials used as evidence are stored in a block chain;
• data providers receive a request for verification and upload the relevant evidence;
• the system automatically organizes a committee to resolve the issue (the members of the committee are selected taking into account their activities);
• a vote is taken on the basis of evidence. As a reward, the reviewer receives a certain number of FAS tokens.

In the event that any party to the conflict remains dissatisfied with the results of the study, an appeal can be lodged. At the same time, the cost of dealing with the conflict increases. After a second review of the case, you can not request a second appeal.

Commercial cooperation on the FAXPORT platform

Currently, commercial cooperation through the Internet greatly simplifies the procedure for the exchange of information between the parties. In the commercial module, the FAXPORT platform uses Blockchain technology. Due to this, the absolute reliability of the provided data is guaranteed.The information uploaded by the user is subject to rigorous verification. Thus, the fair conduct of the corporation is ensured. Thanks to this approach, the parties will not have to take part in further clarifications regarding the reliability of the information.While both parties fulfill the relevant requirements, cooperation takes place without any violations:

• investors can find a lot of profitable projects on the FAXPORT platform;
• users who develop proposals for the development of projects do not need to arrange fundraising;
• fraudulent transactions are excluded - the consumer is offered high-quality goods that have undergone a special inspection.

Token FAS

The token used on the FAXPORT platform is based on the Erc20 standard (it has a transaction code FAS). As the number of users increases, the popularity of the platform increases, the cost of the FAS token will also grow. Quarterly, holders of FAS tokens will receive dividends of 15%.

ICO FAXPORT

Preliminary sale of FAS tokens will be carried out in three stages (the first - from 30 to 31 March, the second - from 1 to 5 April, the third - from 6 to 18 April). The most profitable investment of funds will occur at the first stage. The main sale will also be carried out in 3 stages (from 25 to 29 April, from 30 April to 9 May and from 10 to 24 May). In total, 200 million FAS tokens have been allocated for the ICO. The official sales plan is 50 million FAS tokens.

Road map

The FAXPORT platform will become an indispensable assistant to all users who are directly related to the field of sports. All users who need quality, verified information can get it in a short time. 

For more information :

Website: https://faxport.io
Whitepaper: https://faxport.io/other/Faxport%20Whitepaper%20en.pdf
Telegram: https://t.me/Faxportglobal
Facebook: https://www.facebook.com / Faxport_Global-150461205635116
Twitter: https://twitter.com/Faxport_EN
Medium: https://medium.com/@faxport
ANN: https://bitcointalk.org/index.php?topic=3216347
 

Prepared by : rajee89

https://bitcointalk.org/index.php?action=profile;u=1540706