Proprivex will be a game changer in blockchain technology, like Avalanche and FTX Token | – Bitcoinist | Jewelry Dukan

Accessibility, proper management and guaranteed security are the most important things in asset management and make constant innovation a must in the banking industry. Even in the traditional banking system, there is an obvious evolution in managing client assets and ensuring their accessibility.

From the development of credit cards, online banking and mobile banking to fintech companies developing multiple financial apps to facilitate transactions, the trend in the industry is one of discovering new ways for customers to control and manage their assets can from the comfort of your own home.

Not only does this prove how important evolution and innovation are to the financial industry, it also clearly shows 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. Decentralization alone increases accessibility for many people through minimal barriers. The variety of crypto assets also supports investing as people can easily invest in different assets at the same time. However, the complex nature of crypto and the difference from traditional assets that most people are used to makes it difficult for users, especially those who are new to the system, to successfully navigate the crypto world without falling victim to hackers and to become scammers.

As cryptocurrencies differ in basic cryptographic makeup and application, and as crypto assets grow 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 an appropriate environment that allows users, investors, and managers to easily thrive in the crypto space inspired the creation of an intuitive ecosystem for the crypto world.

Proprivex is a trading and portfolio management system designed to handle the complexities of managing multiple crypto assets and offer its users maximum security by managing these assets on an intuitive platform.

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

What makes Proprivex so exceptional?

One thing that gives Proprivex a huge advantage is its 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. Chain fragmentation allows different chains to be responsible for different activities such as exchanges, smart contracts, and transaction validation. This helps reduce latency and increase performance uniformity, resulting in many transactions being completed in record time.

Avalanche also ensures nominal transaction fees, customizable blockchain, and carbon neutrality, meaning users can rest assured that their actions will not impact the fragile environment and climate.

Additionally, the Proprivex ecosystem will be a platform driven by the community as it runs under a Decentralized Autonomous Organization (DAO). This means that its users and owners can participate in the development and decisions in the ecosystem through democratic voting. Decisions on matters such as the flow of crypto assets, security and smart contracts upgrade, rewards programs, the percentage of fees to be charged per transaction and the purpose of those fees, cross-chain activities, and bridging transactions are made by individuals within the ecosystem that meets the criteria and has the necessary qualifications to have voting rights in the ecosystem. The weight of the votes varies between individuals and depends on how active the voter is in crypto asset diversity and portfolio size.

How does Proprivex work?

The platform is scheduled to launch in the last quarter of 2022. Planning to bring Proprivex to life has been intense for the past two months. From developing a well-rounded and functional website to deploying smart contracts to conducting the financial audit, listing decentralized exchanges and pre-selling on Uniswap and Pangolin Exchange. Proprivex also has plans to enable inclusivity of non-fungible tokens (NFTs) in the ecosystem.

The NFTs will be integrated into DeFi and cross-chain properties to increase utility and use cases. It would 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 mobile application would be made available to users to help users in stock exchange transactions. There is also an over-the-counter portal suitable for traders and investors who intend to make large withdrawals and deposits but don’t want the market process to be messed up or hit by slippage while enjoying the lowest possible transaction fees .

Oracles are fundamental to the transparency of crypto asset management platforms. Also commonly referred to as blockchain middlewares, they are entities that connect blockchains to the real world. They act as on-chain APIs that help in gathering information from real world data and can also be used to send data. The Oracle of choice for Proprivex is Chainlink due to its comprehensive framework and impressive reviews from top companies. With oracles built into Proprivex, traders and users of the platform can value their investment portfolios without the headache of too many intermediaries.

Like any other space, a unified and recognized medium of exchange is required as it allows for greater efficiency and stimulates an increase in overall commercial activity. The ecosystem’s official utility token is Proprivex’s token, $PPX. All services provided on the platform are charged and paid for in $PPX tokens. Other tokens are allowed as mediums of exchange, but PPX would have great incentive to encourage 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 asset management service will only be open to $PPX token holders. The current supply of the token is 650 million.

How to Buy Proprivex (PPX)

There are two ways to buy the PPX token, one being more beneficial than the other. The first is via Proprivex’s live presale. The pre-sale comes with numerous incentives and rewards, such as: B. 75% cashback when buying any of the top cryptocurrencies. Fiat money could also be used to acquire the token, and it also brings a 1% bonus if bought with $100 worth of fiat money. Bonuses are also offered depending on which stage of the pre-sale is purchased. For example, a bonus of 8%, 6% and 4% is applied during the first, second and third phase of the pre-sale. Referral bonuses are also available for 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 that was released in 2019. It has quickly become one of the most popular tokens with over 1 million registered users. Its official token FTX has a billion dollar daily trading volume and high utility. It was also funded by top companies.

FTX offers various trading options, can be used to reduce trading fees and the token can be used as collateral.

FTX has also partnered with other crypto giants like Circle, Paxos, Fenwick, and West.

Proprivex Token (PPX)


Disclaimer: This is a paid publication. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of any information available in such content. Do your research and invest at your own risk.

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