Accessibility, good management and guaranteed security are key issues when managing assets, making constant innovation a must in the banking industry. Even with the traditional banking system, there is a clear evolution in managing clients’ assets and ensuring their accessibility.
From the development of credit cards, online banking and mobile banking to the creation of various financial apps by Fintech companies to facilitate transactions, the industry trend is towards discovering new ways for customers to control and manage their wealth. to manage. from the comfort of their home.
Not only does this prove how essential evolution and innovation are to the financial sector, it also clearly demonstrates that the essence of owning assets lies in the ability to access and control those funds.
The crypto world has several advantages over the traditional banking system. The decentralized character alone increases accessibility for many people through minimal barriers. The diversity of crypto assets also helps in investment as people can easily invest in different assets at the same time. However, the complex nature of crypto and how different it is from traditional assets, to which most people are accustomed, makes it difficult for users, especially individuals new to the system, to successfully navigate the crypto world without falling victim. become of hackers and scammers.
With cryptocurrencies varying in fundamental cryptographic composition and application, and crypto assets growing in diversity at full speed, there is a need for a credible and easy-to-use asset management system, and PROPRIVEX is that system.
What is Proprivex?
Everything needs space to thrive, and crypto assets are no exception. The need for a suitable environment in which users, investors and managers can thrive in the crypto space without any problems inspired the creation of an intuitive ecosystem for the crypto world.
Proprivex is a trading and portfolio management system created to help combat the complexity of managing various crypto assets and provide maximum security for its users by managing these assets under an intuitive platform.
The platform uses leading asset management tools and smart contracts to guide users, traders and investors in trading and managing crypto assets effectively. Investors and users also have the option to choose to have experienced asset managers oversee their investments and portfolios.
What makes Proprivex exceptional?
One thing that gives Proprivex a huge advantage is using Avalanche. Avalanche is an open, programmable smart contracts platform for decentralized applications. The Avalanche is one of the fastest smart contract blockchains in the industry. Due to the fragmentation of chains, different chains can be responsible for different activities, such as exchange, smart contracts and transaction validation. This helps reduce interims and increase performance uniformity, allowing many transactions to be completed in record time.
Avalanche also provides nominal transaction fees, customizable blockchain and carbon neutrality, meaning users can rest in the knowledge that their actions will not impact the fragile environment and climate.
In addition, the Proprivex ecosystem will be a community-driven platform as it runs under a Decentralized Autonomous Organization (DAO). This means that its users and holders can participate in the development and decisions made in the ecosystem through democratic voting. Decisions about things like the flow of crypto assets, security and upgrade of smart contracts, rewards programs, the percentage of fees charged per transaction and what purpose those fees serve, cross-chain activities and bridging transactions will be made by individuals within the ecosystem that meets the criteria and has the necessary qualifications needed to have a voice in the ecosystem. The weight of the votes differs for each individual and depends on how active the voter is in the diversity of crypto assets and the portfolio volume.
How does Proprivex work?
The platform will be launched in the last quarter of 2022. The past two months have been intensively planned to bring Proprivex to life. From developing a well-rounded and functional website to deploying smart contracts, completing financial audit, decentralized listing and presale on Uniswap and Pangolin Exchange. Proprivex also has plans to enable the inclusiveness of non-fungible tokens (NFTs) in the ecosystem.
The NFTs will integrate with DeFi and cross-chain features for greater usability and use cases. It would also be implemented as a reward for milestones reached by users. The NFT marketplace is expected to launch in the first quarter of 2023.
A website and a mobile application would be made accessible to users, helping users to exchange transactions. An over-the-counter portal also exists, suitable for traders and investors who intend to make a huge withdrawal and deposit, but don’t want it to disrupt the market process or be affected by slippage while enjoying the lowest possible transaction costs .
Oracles are fundamental to the translucency of crypto asset management platforms. Also often referred to as blockchain middlewares, they are entities that connect blockchains to the real world. They act as on-chain APIs that help collect information from real world data and can also be used to transmit data. The Oracle of choice for Proprivex is Chainlink due to its comprehensive framework and impressive ratings from top companies. Oracles integrated with Proprivex allow traders and users of the platform to review their investment portfolios without the headache of too many middlemen.
Like any other space, a unified and recognized medium of exchange is required, as having a medium of exchange allows for greater efficiency and encourages an increase in overall trading activity. The ecosystem’s official utility token is the Proprivex token, $PPX. All services provided on the platform are charged and paid in $PPX tokens. Other tokens are allowed as a medium of exchange, but PPX would be highly incentivized to incentivize the use of the token and make it more attractive to users. Holders of the $PPX will also become part of the governing DAO, and the wealth management service will only be open to holders of $PPX tokens. The current stock of the token is 650 million.
How to buy Proprivex (PPX)
There are two ways to buy the PPX token, although one is cheaper than the other. The first is through the Proprivex live presale. The presale comes with plenty of incentives and rewards like 75% cashback when you buy one of the best cryptocurrencies. Fiat money can also be used to acquire the token, and it also grants a 1% bonus when purchased with $100 worth of fiat money. Bonuses are also offered depending on the presale stage that is used for purchase. For example, a bonus of 8%, 6% and 4% will be applied during the first, second and third phase of the presale. Referral bonuses are also available to holders.
However, if you are unable to participate in the presale, you can obtain the token in a DEX once it is listed.
FTX Token (FTX)
FTX is a centralized cryptocurrency exchange released in 2019. It has quickly become one of the most popular tokens with over 1 million registered users. The official Token FTX has a daily trading volume of one billion dollars, with a high level of usability. It has also received funding from top companies.
FTX offers various trading options, can be used to reduce trading costs and the token can be used as collateral.
FTX has also partnered with other crypto giants such as Circle, Paxos, Fenwick and West.
Proprivex Token (PPX)
Presale: http://prop.proprivex.io/
Website: http://proprivex.io/
Telegram: https://t.me/ProprivexTokenOfficial
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are those of the content provider only and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of the information available in such content. Do your research and invest at your own risk.
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