Crypto Exchange Aggregator Finxflo Announces Fully Fair Launch On February 08

Listen to article

Finxflo, an upcoming global cryptocurrency exchange aggregator, is conducting what they call a Fully Fair Launch on Polkastarter, one of the leading DeFi launchpads, on February 8th

a href="https://www.finxflo.com/" data-abc="true">Finxflo, an upcoming global cryptocurrency exchange aggregator, is conducting what they call a Fully Fair Launch on Polkastarter, one of the leading DeFi launchpads, on February 8th. A Fully Fair launch means that everyone, including the launchpad contributors, pays the same price of $0.05 per token, without any locks and with no preference to whales or early investors. The Finxflo platform is looking to establish itself as the top institutional-grade and regulated aggregator on the market, with licenses in multiple key global jurisdictions, either already secured or well on their way.

Finxflo considers itself a leader in the blockchain 3.0 generation, as the project’s native FXF token is simultaneously hosted on two blockchains. Having the token simultaneously on both Ethereum and Tron enables investors to trade token pairs that are traditionally not possible. With one of their biggest strengths being what they call “highly disrupting cross-chain interoperability,” they say their awareness of the direction both crypto and DeFi have to take in the future will help them anticipate users’ needs before they are even aware of them.

Creating a Fair Trading Environment For Everyone

Not only is Finxflo’s token launch fair, but the platform will leverage its data along with offers from the world’s leading cryptocurrency exchanges. By combining these bids and asks in a single interface, account, and wallet, user fees are drastically reduced. As well, the amount of time spent on KYC procedures is minimized. Finxflo’s Smart Order Rerouting Feature, which automatically picks the best price from each connected exchange, guarantees best pricing for all users.

As one of the project’s main goals is fairness, front-runners are not welcome. The Finxflo liquidity sponge is available to everyone, as are its institutional-grade tools. Users also don’t have to worry that a sudden price change will keep them from trading. Even if an exchange should fail to keep up with a sudden increase in demand, which often happens in bullish crypto trading environments, other exchanges are available for trading. Thus, traders will not miss any golden opportunities.

A Fully Fair Launch on Polkastarter

In an effort to keep the token launch as fair as possible, Finxflo ensures that every investor, no matter how much they’re buying, will be paying the same price of USD 0.05 per FXF token. Everyone interested in participating in the Polkastarter event has had to sign up for a demo trading account (already live with three exchanges).

Because all tokens unlock at the same time, approximately 45% of the token supply will be available for trading on the first day. However, there will be no sell pressure from subsequent unlocks afterward, a strategic move which should lead to immediate price discovery of the FXF token. At five cents per token, the fully diluted valuation of $7.5 million is quite attractive compared to other centralized crypto exchanges, which usually trade north of $100 million fully diluted.

The team behind Finxflo are part of what makes this project so interesting to serious investors. Their CEO and co-founder is James Gillingham, who has an enviable background in algorithmic trading and Forex platforms. In fact, at the age of 24, he had already built an FX trading algorithm and successfully exited it for a multi-million dollar sum.

As for the future, Finxflo is looking to lead by example when it comes to setting new precedents and unwritten rules for all other DeFi projects. First, the fair launch ensures that nobody is favored, which is unfortunately not very often the case, as retail investors tend to be left out in favor of institutional ones, which significantly diminishes the decentralized aspect of any project. Second, their compliance efforts and focus on becoming regulated in multiple jurisdictions is a sign of the quality of the project. Finxflo is looking to become the go-to place for any investor or trader, regardless of the weight of their respective wallets.