Investa, the blockchain-based integrated platform for crypto banking have released the details of their Token Sale, which will begin on the 1st of May, 2018. Investa blends fintech, banking and crypto tech into a consumer enabling platform, for mobile financial freedom. The platform is set to roll out throughout 2018, with main releases slated for September and December.
Blighted by the lack of credible financial services platforms, the crypto community has been lacking in a strong investment suite to easily manage their crypto investments, aside from simple exchanging.
There is a gap in the market for a platform which takes it’s users’ security seriously, whilst providing innovative services that can be accessed on the go. This is where Investa comes in. Leveraging Blockchain technology and smart-contracts, Investa will provide a host of features designed to optimize user experience across a multitude of services, designed with the user in mind.
Investa will offer Crypto Debit Cards, an ICO ETF Basket, the Investa Launchpad, the Investa Enterprise Funding Platform, a Crypto ATM Network, an e-Wallet, as well as the INV Exchange Platform. Investa additionally follows SEC Rule 506 Investor Accreditation, including KYC and AML due diligence, providing a fast turnaround of manual verification and offer dashboard access to check applicant status.
The INV Exchange Platform
The INV Platform will be the multi-currency payment gateway inside the INVESTA ecosystem, allowing its users to exchange FIAT money, cryptocurrencies, or tokens as well as quick access to the entire suite of products and services. The platform will launch 60 days after the end of the token sale and offers:
- Multi-asset compatibility (any blockchain asset compatible with and accepted by the INV Platform).
- ETF – crypto fund asset managed portfolio, for active investment into leading preICO’s
- Best available foreign exchange rate and transaction fees.
- Decentralised and secure storage.
- Direct access to services such as ETF Basket, Enterprise Loans, Launchpad, Asset Management, INV Cards, Remittance services and much much more.
The INV Token
INV token is an ERC-223 compliant Ethereum-based smart contract token.The token will be issued by Investa following the completion of the public token sale. Token holders will be able to use INV within the Investa platform as a means of payment for all of the services on Investa apps and subscribe to Investa’s crypto basket, which will take allocations of tokens from other ICO pre-sales, under supervision of verified INV managers. INV holders can also place their tokens into programs such as Enterprise and Launchpad, for lending to small businesses and other approved borrowers.
INV tokens can also be used as a means of payment for Investa’s forthcoming events, such as the annual crypto summit, INV roadshow, or the mindshare forum. Lastly, INV can be used for loading the planned Investa prepaid debit card with funds that can be spent as FIAT currency at any merchant in the Union Pay network.
INV Token Sale
To support the development of the platform and ensure a seamless rollout throughout 2018, Investa will hold a public Token Sale of their native, ERC223-based INV tokens. During the Token Sale, 30,000,000 INV will be made available for purchase, from a total supply of 50,000,000. The token sale seeks to distribute at least 1,000,000, to meet the soft cap.
The Pre-Sale round will begin on May 1st, 2018, wherein participants can pick up INV at a rate of 1USD = 2.5 INV, with discounts ranging from 60% to 30%. 10,000,000 INV will be available at this stage. Access to the presale will be limited to whitelist members, with limited allocations of tokens available per subscriber to avoid concentration. After the Pre-Sale, the discounts available will range from 20% to 5%, and the remaining 20,000,000 will be made available for acquisition during the main ICO sale