SprintX - ICO Review
SprintX the start-up for startups!
Traditional employment model is less and less convenient for businesses these days. Whether you’re an employer or an employee, working by permanent contract represent a series of disadvantages. On the other hand, the recent boom of freelancers and entrepreneurs has given the opportunity for start-ups and personal businesses to grow up.
In this sense, Sprintx is definitely an option that will boost this tendency as they plan on supporting this kind of initiative in LATAM. When we talk about support, it doesn’t limit to funding - which is already an excellent way to promote them but also mentoring, coaching and advising.
The basis of the project consists in using Blockchain for developing ideas into smart contracts that could further create a cryptocurrency. These ideas are supported and incubated by Sprintx so they can have the support to succeed in the future.
For doing this, the initiative counts with a program called it “Start-it-up” where several teams compete and demonstrate their ideas in order to achieve the support.
The best part is that the support will be provided by NOVA group which are known for its network of investors and business experts. For accomplishing this support program, NOVA group will implement different programs by itself, dedicated to education and motivate.
NOVA BT7 digital festival
This initiative consists of a conference where different start-up proposals are selected from all the teams competing. The idea is to support projects for solving people’s lives' problems.
NOVA Academy and Campus
In Latin countries, technology is far behind. So this Academy and Campus consist of bringing education and access to this kind of knowledge and advances to entrepreneurs in El Salvador and LATAM.
The idea is that students are exposed to commerce and economic growth so they end up developing new services and products while joining with other initiatives.
NOVA incubator
In this part, the ideas and projects can join the cryptocurrency and blockchain technology. That connection allows those programs, products or services to be developed or created in a way that they can benefit both businesses and real people.
How does Sprintx work?
With three basic steps, Sprintx can convert any business idea or online project into a reality with blockchain and cryptocurrency. The smart contract results in an integrated token development, that can further be materialized through debit cards.
The contracts are created by the business owner or entrepreneurship, who will then create ICO in the Sprintx platform and finally use the tokens with SwitchX Exchange app. That exchange will be supported by Bank entities so the owner can actually convert to fiat currency.
The SwitchX app
The SwitchX app will work as a debit card and will allow the users to convert cryptocurrency into fiat money. The idea is that the debit card and exchange will be accepted in any establishment so the user won’t need a third intermediary to complete the payment.
The SprintX initiative will, in conclusion, revolutionize the world of start-ups giving great independence and autonomy to each business. Cryptocurrency and blockchain are the way to keep these transactions safe while protecting the autonomy of both owners and users.
Visit official site: https://sprintx.io/
Official link: https://sprintx.io/
Link to Whitepaper: https://sprintx.io/docs/whitepaper-sprintx-en.pdf
Official Bitcointalk thread: https://bitcointalk.org/index.php?topic=2992285.0
Bitcointalk Username : pat25
