Proprivex will become a Game Changer in Blockchain technology, like Avalanche and FTX Token

Availability, proper management and guaranteed security are the most important things when managing assets, which makes constant innovation a must in the banking industry. Even with the traditional banking system, there is a clear development in the management of customers’ assets and ensuring their availability.

From the development of credit cards, online banking and mobile banking to the creation of several financial apps by Fintech companies to facilitate transactions, the trend in the industry is geared towards discovering new ways for customers to be in control and manage their assets from the comfort of their homes.

This not only proves how important development and innovation are to the financial industry, it clearly shows that the very essence of owning assets lies in the ability to have access and control over these funds.

The crypto world has several advantages over the traditional banking system. The decentralized nature alone increases the level of accessibility for many people due to minimal barriers. The diversity of crypto assets also helps investment as people can easily invest in different assets at the same time. The complex nature of crypto and how different it is from traditional assets, which most people are used to, makes it difficult for users, especially individuals new to the system, to navigate the crypto world without falling victim to hackers and scammers.

With cryptocurrencies varying in basic cryptographic composition and application, and cryptoassets growing in variety at full speed, there is a need for a credible and user-friendly 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 that allows users, investors and managers to 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 designed to help combat the complexity of managing multiple crypto assets and provide maximum security for users by managing these assets under an intuitive platform.

The platform uses industry-leading asset management tools and smart contracts to guide users, traders and investors to trade and efficiently manage crypto assets. Investors and users also have the option of choosing the services by having experienced asset managers monitor their investments and portfolios.

What makes Proprivex exceptional?

One thing that gives Proprivex a big advantage is the use of Avalanche. Avalanche is an open, programmable smart contract platform for decentralized applications. The Avalanche is one of the fastest smart contract blockchains in the industry. The fragmentation of chains means that different chains can be responsible for different activities such as exchange, smart contracts and transaction validation. This helps to reduce interims and increase performance uniformity, leading to many transactions being executed in record time.

Avalanche also ensures nominal transaction fees, customizable blockchain and carbon neutrality, meaning users can rest easy knowing their actions have no impact on the fragile environment and climate.

Furthermore, the Proprivex ecosystem will be a community-driven platform as it runs under a Decentralized Autonomous Organization (DAO). This means that users and holders can participate in the development and decisions made in the ecosystem through democratic voting. Decisions on matters such as the flow of crypto-assets, upgrading security and smart contracts, reward programs, the percentage of fees to be charged per transaction and what purpose these fees will serve, cross-chain activities and bridge transactions will be made by individuals within the ecosystem who meet the criteria and possess the necessary qualifications required to have a voice in the ecosystem. The voting weight is different for each individual and depends on how active the voter is in the variety of crypto assets and the portfolio volume.

How will Proprivex work?

The platform will be launched in the last quarter of 2022. The last two months have seen intensive planning to bring Proprivex to life. From developing a well-rounded and functional website to rolling out smart contracts, conducting financial audits, decentralized IPOs and pre-sales on Uniswap and Pangolin Exchange. Proprivex also has plans to allow the inclusion of non-fungible tokens (NFTs) into the ecosystem.

The NFTs will be integrated with DeFi and cross-chain capabilities for increased utility and use cases. It will also be implemented to serve as a reward for milestones achieved by users. The NFT marketplace is scheduled to be launched in the first quarter of 2023.

A website and a mobile application will be made available to users, helping users trade on the exchange. There is also an over-the-counter portal, suitable for traders and investors who intend to make a large withdrawal and deposit, but do not want it to mess with the market process or be affected by slippage while enjoying the lowest possible transaction fees.

Oracles are fundamental to the clarity of crypto asset management platforms. Also often referred to as blockchain middleware, they are devices that connect blockchains to the real world. They act as on-chain APIs that help gather information from real data and can also be used to emit data. The choice of oracle for Proprivex is Chainlink due to its comprehensive framework and impressive reviews from top companies. With oracles integrated with Proprivex, traders and users of the platform can assess their investment portfolios without the headache of too many middlemen.

Like any other space, a uniform and recognized medium of exchange is required, as it provides greater efficiency and stimulates an increase in overall trading activity. The official tool of the ecosystem is Proprivex’s token, $PPX. All services provided on the platform will be charged and paid for in $PPX tokens. Other tokens are allowed as a medium of exchange, but PPX would be highly motivated to increase the use of the token and make it more attractive to users. Holders of $PPX will also become part of the governing DAO, and the asset management service will be open only to $PPX token holders. Current supply of token is 650 million.

How to buy Proprivex (PPX)

There are two ways to buy the PPX token, although one is more beneficial than the other. The first is through Proprivex’s direct sales. The pre-sale comes with a number of incentives and rewards, such as 75% cashback when you buy some of the top cryptocurrencies. Fiat money can also be used to acquire the token and it also gives a 1% bonus when purchased with $100 worth of fiat money. Bonuses will also be offered depending on which phase of the pre-sale is used for purchase. For example, a bonus of 8%, 6% and 4% will be applied during the pre-sale’s first, second and third phases. Referral bonuses are also available to holders.

However, if you are unable to participate in the presale, you can purchase the token in a DEX once it is listed.

FTX Token (FTX)

FTX is a centralized cryptocurrency exchange released in 2019. It has quickly grown into one of the most popular tokens with over 1 million registered users. Its official Token FTX has a billion dollars in daily trading volume, with a high level of utility. It has also received funding from top firms.

FTX offers various trading options, can be used to lower trading fees, 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)

Pre-sale: http://prop.proprex.io/
Website: http://proprex.io/
Telegram:

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