Cryptocurrency

Blockchain-Based Crowdfunding Platform Investx Opens Its Ethical ICO Pre-Sale

A British blockchain platform designed to assist small and established companies in accessing capital has pledged to implement rigorous ethical standards governing its token launch. Investx operates a

By James Gray··2 min read
Blockchain-Based Crowdfunding Platform Investx Opens Its Ethical ICO Pre-Sale

Key Points

  • A British blockchain platform designed to assist small and established companies in accessing capital has pledged to implement rigorous ethical standards governing its token launch.

A British blockchain platform designed to assist small and established companies in accessing capital has pledged to implement rigorous ethical standards governing its token launch. Investx operates as an investment platform connecting a range of participant types—from individual retail buyers to sophisticated and institutional investors—with proven small businesses based across the UK that seek expansion financing.

Securing sufficient capital remains persistently difficult for many successful small businesses, regardless of their market position. Investx tackles this via tokenized equity structures, giving companies pathways to raise money from a global investor base through the INX token mechanism.

Richard Chambers, formerly an executive at Royal Bank of Scotland and now heading operations at Investx, articulated the market need: "Our ICO will allow us to provide equity investment for smaller businesses to ensure they can grow and thrive. Investx fills a clear gap in the market for established SMEs to obtain the funding they need."

Rather than pursuing a traditional token offering, Investx has committed to following what's known as ethical ICO principles—a more structured approach intended to protect token buyers and ensure responsible token economics.

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Peter Edgar, the company's founder and chief executive officer, elaborated on this direction: "ethical ICO is the next step in opening up this opportunity to the whole investment community. The INX token will form the basis of the Investx platform, helping to fix the broken SME funding system thanks to a pioneering application of the blockchain technology."

How the Ethical ICO Framework Functions

The ethical ICO model was developed by Holo, a firm building distributed internet infrastructure. Holo is creating Holochain, a blockchain layer designed to resolve problems involving network throughput, storage requirements, and computational performance. Holo's own token offering in April of this year adopted these ethical principles, raising $20 million to fund its distributed platform.

Investx's ethical ICO rests on three foundational commitments:

One: Tokens possess backing from cash reserves. Investx will maintain a fiat reserve account that functions as the baseline purchasing capacity for token owners—this mechanism is designed to limit price swings.

Two: Token supply adjusts with business growth. Token quantity will expand with the platform's development and market demand, thereby preserving the worth of tokens held by earlier supporters.

Three: Gains are distributed to the investment community. Equity shares within Investx are allocated to token purchasers, ensuring participation in company success.

Edgar explained the philosophy: "we wanted to differentiate our ICO by openly committing to ethical ICO principles. These are steps we've taken to stabilize the token, lay foundations for future growth, and commit to transparency that holds us accountable to token holders."

David Atkinson, a director at Holo, has accepted a position as adviser to Investx.

The pre-sale phase is already underway. The public sale of tokens will begin during the first quarter of 2019.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

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