Panxora Launches Crypto treasury management Service to Safeguard ICO Assets

2019-4-25 23:18

Panxora Group, a cryptocurrency consortium has announced the launch of its new ICO Treasury Management Service (TMS), to make it easier for initial coin offerings (ICOs) to survive the bear market.

The TMS platform enables ICO organizers to manage the raised funds more efficiently and use it to support the growth of their business.

According to research, a vast majority of ICOs crash within four months of takeoff, due to poor financial management, as new firms find it an arduous task managing the raised funds.

If the funds remain in the form of cryptos, it could either appreciate or depreciate due to market volatility. However, with Panxora’s TMS, these projects will now be able to manage the raised funds better.

Gavin Smith, CEO of Panxora reiterated that:

“Too many exciting projects have fallen by the wayside due to poor financial management. With the TMS, ICO founders no longer need to worry about being able to keep the lights on and can instead focus on their ideas.”

With more than 20 years of experience in investment banking and commodities, he clearly understands how big investors use hedging strategies to tackle market volatility. This preserves value, while also generating extra profits for the company.

Since commodity markets share almost the same characteristics with cryptos, Smith is poised to replicate the same hedging strategies used in the former in the cryptospace, in a bid to offer ICO organizers a competitive edge.

TMS creates a balance between capital growth and preservation using hedge strategies based on artificial intelligence trading algorithms and passive hedge balancing, depending on the risk appetite of each investor.

The ICO organizers are required to declare the exact amount of capital needed each month and the amount is transferred into their operating accounts to ensure they can manage daily operations.

Interestingly, Panxora’s AI system successfully managed the $2.9 million raised during its token sale in 2017 and even succeeded in generating an increase of 76 percent from the funds within 15 months, even when the price of bitcoin was down 16 percent.

“Having a plan in place for responsible management of assets is not just good for the company itself. It’s a signal to investors that says: we’re serious about making this business work, taking responsibility for the capital you’ve entrusted to us. We think this is an important step forward in the maturation of the token industry.”

For more, visit https://panxora.io

Facebook: https://twitter.com/panxoracrypto

Email: [email protected]

The post Panxora Launches Crypto treasury management Service to Safeguard ICO Assets appeared first on ZyCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

ICO OpenLedger (ICOO) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1301 (-100%)

ico service management panxora treasury tms safeguard

ico service → Результатов: 126


KABN Token ICO

The KABN Network is an integrated suite of financial services that includes the Pegasus Flyte Visa Card, an approved crypto-linked prepaid Visa card and mobile integrated multi-currency banking wallet; KABN KASH, a robust loyalty and engagement program and the network anchor, KABN ID, a patent pending, Always On, GDPR complaint, blockchain and biometrically based, identity verification and validation platform.

2019-3-16 20:33


AZBIT ICO

Azbit will provide traditional financial services for crypto projects and private users, as well as access to investment products. We will offer: For blockchain businesses and private individuals: traditional fiat banking and financial services, as well as brokerage services providing access to trading on traditional stock and currency markets.

2019-3-8 16:32


Renovato ICO

Renovato is offering STO tokens into our World Class Exchange with unprecedented service. ICO tokens are also available as a bonus for token sale participants. You may also buy ICO tokens alone without receiving the benefits or success of Renovato STO tokens.

2019-2-21 20:03


VRBex ICO

VRBex will be the premier exchange for investors seeking to exchange or trade cryptocurrency and to invest in crypto-assets such as security tokens. The highly experienced management team - with 209 years cumulative experience among the seven founders - will use their collective skills to offer best-in-class service to customers while ensuring compliance with regulatory requirements from the USA and other countries in which we intend to operate.

2019-2-17 16:47


NOBOBOX ICO

Our vision is to make crypto-shopping, short „crypping“, possible for everyone everywhere. While the demand for attractive and innovative payment options with crypto currencies con¬tinues to rise, there are no real impulses on the provider side for applications of crypto cur¬rencies.

2019-1-30 02:33


Please ICO

Please Protocol brings decentralization to the masses using xApp approach. The protocol allows service providers to publish their services on the Blockchain using smart contracts. The hybrid nature of the protocol makes the architecture very flexible, scalable and be used by other projects whether they are centralized, decentralized or hybrid.

2019-1-13 14:03


Contents Protocol ICO

Contents Protocol is a decentralized protocol to revitalize the premium content industry, powered by WATCHA Inc. Through Contents Protocol, content distribution platforms will be able to provide transparency to user data and insight to Content Providers, which will help them create better content in the future and incentivize Users for their activities and contribution, which will encourage them to become more active consumers in the industry.

2018-12-28 06:03