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SprintX; The Ideal Platform for Start-ups


The users of SprintX get the opportunity to create a self-sufficient community by using blockchain technology for business innovation. Let’s get a better understanding of what it’s all about.

SprintX; The Ideal Platform for Start-ups

Startup communities are generally made up of talented people with great minds and these people use their ideas to develop each of their industries. Furthermore, they give back to other young entrepreneurs by advising, mentoring and guiding them on how to become sucessful.
This inspired the development of a platform that is expected to function as a tech-hub for startups. Its goal is to provide the tools and financial backing necessary to launch their own ICOs and convert their cryptocurrencies into fiat.
Basically, the users of SprintX get the opportunity to create a self-sufficient community by using blockchain technology for business innovation. Let’s get a better understanding of what it’s all about.
Mission & Vision
The mission is to create an Intelligent City that serves as a technology center for Startup that allows the financial tools and entities necessary to launch their own ICOs and convert their cryptocurrency currencies into fiat currencies and also to create an independent community using blockchain technology for business innovation to improve people's lives. 
 Developing an intellectual contract is your idea through a smart contract and in ICO Maker.Integration in Exchange. The generated token, integrated into Exchange for trading, increases its value and provides a clearer map for the future token.Conversion to Fiat-Crypto costs and conversion solution via debit card services or banking services.
The SprintX platform will be integrated as SwitchX Exchange, and has various functions such as:To ensure the development of new ISO.
  • Automatically turn on the tokens of these ICOs in SwitchX Exchange.
  • Actively participate in the launch and promotion of each ICO.
  • A platform for creating smart contracts.
  • Automatic development of smart contracts on the block chain Ethereum.
    Personalized counseling.
  • The availability of banking facilities for the transition to FIAT.
  • Including a debit card automatically linked to your balance
    in the crypto currency.
  • Access to customers for the use of hot and cold wallets.
  • Access to digital strategy.
  • Specialized consultants in various fields of ICO. 

Screen Shot 2018-04-04 at 10.13.50 PM.png

SprintX Has The Answer.

With start-ups atop the mind of the platform,​ SprintX aims to provide support for start-ups having a hard time getting financial support either from banks or from investment companies majorly due to no previous records or profits. The platform will breach the gap between the start-up and the real world by providing tools that can help advance their business idea with the creation of the start-up specific ICO for the actualization of the idea.
Since ICOs are majorly funded through cryptocurrencies, there is the ​need for conversion of crypto funds back to fiat currency which will be used to finance the project. To tackle this, Sprintx will help list the tokens on an exchange known as SwitchX. SprintX and SwitchX will serve as a ​launchpad for start-ups with a profound partnership with Fundacion’s NOVA, a platform that has​ prominent expertise in the start-up space.

SwitchX

This is a crypto and fiat exchange which allows users convert their cryptocurrencies into fiat and vice versa. Not only is this available to the public, it can be quite useful to startups. SwitchX enables the automatic integration of new tokens to the exchange for trading. Furthermore, profits made from the exchange activities will be shared among investors and token owners.

SPRINTX COIN (SPTX); SMART CONTRACT SPECIFICATION

SprintX will create a smart contract designed to capture all funding. It will also enable users participate in the directing of the company. Of course, this depends on their contribution to the ICO.
Furthermore, the security of this coin will be determined by Smart Contracts, which will be reviewed and audited by advisors who are experts of their field. Also, a link will be provided on the SprintX website which will enable users find and verify it on GitHub.
 TOKEN DISTRIBUTION
  • During the ICO sale, the SprintX will release about 60 percent of the total SPX tokens so the investors can purchase.
  • SprintX project will save the 14 percent of SPX tokens as a reserve
  • SprintX will allocate 10 percent of total SPX tokens for legal expense and advisors
  • SprintX will allocate no more than one percent for bounty rewards
  • SprintX will allocate 15 percent of the total SPX tokens for operational: team and management.
  • March 19 - April 10, 2018: PRE ICO
  • April 23 - June 23, 2018: ICO Sale

TOKEN ALLOCATION

The total amount of token available is 2,600,000,000 SPTX. The largest percentage of the SPTX tokens, 33 percent, will be used for public sale. Next, 494,000,000 SPTX, which is 19 percent of the token will be reserved for M&A. Another 18 percent will be allocated for business development, while 15 percent goes to management.
Finally, the remaining 13 percent is divided among advisors, developers and bounty. A total of 260,000,000 SPTX goes to the advisers, 26,000,000 SPTX reserved for bounty and 52,000,000 SPTX for developers

TOKEN SALE

The public sale of SprintX will be divided into two; the pre ICO and ICO. The Pre ICO, which started on March 19th and ends on April 10th 2018 will have a total of 186,550,000 SPTX for sale. The pre ICO sale comes with a 30 percent bonus.
However, at the ICO, 723,450,000 SPTX will be available for sale at the regular price. And this event begins on the 23rd of April till 23rd of June.
There are reward programs in place to make the ICO more attractive to investors. Apart from the 30 percent bonus that comes with the pre ICO, the SPTX token (being a security token), makes them entitled to a quarterly dividend from the exchange’s profit.
That means, every quarter, profit earned due to transactions made on SwitchX will be distributed to all token holders. But, the percentage due will depend on the amount of token held by the investors.
In addition to this, SPTX token holders will enjoy reward from the ten percent of the Tokens generated by the ICO that will be managed by the company. It is expected that this token will generate a greater volume within the exchange.
Screen Shot 2018-04-04 at 11.07.09 PM.png

THE ICO MODEL

The SprintX token symbol will be SPTX and the token standard is ERC20; Ethereum based. The total token supply is 2, 600,000,000 SPTX, in which the minimum amount that can be purchased is 0.05ETH. Users will be able to buy the token at a price of 1 ETH for 1785 SPTX.
According to the published whitepaper, the soft cap and hard cap of the ICO is 50,000,000 SPTX and 723,450,000 SPTX respectively.

ON A FINAL NOTE

Holders of SprintX tokens get to enjoy other services which include; a SwitchX app where virtual coins can be stored and used at any time. Users will have access to blockchain technology from the comfort of their homes.
There is also a debit card that can be used in any store that accepts fiat or cryptocurrency as a form of payment. Without using any intermediary, users will be able to transfer their cryptocurrency fund to SwitchX before making payments.
Please visit website and whitepaper for details:
Website: https://sprintx.io/
Whitepapers: https://sprintx.io/docs/whitepap...
ANN thread: https://bitcointalk.org/index.ph...
Authors Details
Bitcointalk url:https://bitcointalk.org/index.php?action=profile;u=2005736;sa=summary
Ether Address:0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583

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