Sprintx is a platform for entrepreneurs and the development of new business ideas, that will open up the potential of the cryptocurrency market with the support of SwitchX as a multifunctional exchange with debit card access.
The Startup community is characterized by talented people and great minds. They use their ideas to make
each of their respective industries become something bigger and better; furthermore, they give back to the
community of Entrepreneurs, mentoring, advising, and guiding to become successful.
Startups usually attempt to obtain the funding through traditional financial institutions, which often leads to
failure since the current financial systems prefer to invest in companies that have already turned a profit or
that have extensive experience and trajectory.
But how does a Startup – a new company without prior records or profits – demonstrate that their ideas and
talents can be combined to create actual solutions to real-world issues and improve people’s lives?
Sprintx wants to provide support for Startups that the current financial system does not include and help them become successful. They want to contribute back to the community of entrepreneurs where they were pulled from; essentially, perpetuating the cycle of growth and prosperity of business and life around their communities.
Sprintx finds that the creation of a platform with the main objective of connecting the breach between the real world and the virtual world can accelerate their business initiative by providing the technology tools necessary for a Startup to launch their own ICO and to achieve their vision. In order to ensure the success of a launched ICO, they must provide the Startup with a way to convert their funds raised from Crypto to Fiat. They also know that the newly created token for the Startup must be listed on an Exchange, and made available for trading giving value to it as soon as possible and making it available for other investors.
Sprintx categorizes these into two ICO and Crypto services which they have called SprintX & SwitchX that will help;
Launch ICOs for Startups
Trade Tokens and Fiat currencies respectively.
They introduce themselves as SprintX, an ICO Maker that will work together with SwitchX, a multifunctional Exchange in partnership with Fundacion NOVA supporting Entrepreneurs with funding and guidance to create their own Startups.
They are launching their Token Sale via an Initial Coin Offering (ICO) with the following main objectives:
- Launch the ICO Maker platform to provide technology tools and consultant services for Startups called SprintX.
- Launch the Crypto and Fiat Exchange called SwitchX to provide conversion of cryptocurrencies and debit card services as spending solution for cryptocurrencies.
- Acquiring at least six existing Banks in different areas of the world to allow additional banking services for Startups and their Investors such as Wealth Management.
- Obtain the financial backing for Fundación NOVA which has the purpose of fueling Startups and Entrepreneurs with funding, advisory, and business growth services as well as providing them with a Campus where Startups can test and deploy their ideas.
How will the SprintX Ecosystem Work?
Each of the components of the SprintX ecosystem is an independent entity that will work in perpetual partnership to benefit each other and will each have specific goals for the type of support offered to each Startup:
SprintX; Will manage the ICO aspects for all Startups and analyze if the ICO is feasible and appropriate.
Fundación NOVA; Will take each Startup to the NOVA Campus which is a Smart City designed specifically for the thriving of business and technology to develop their business in that location.
SwitchX; Will be the banking arm behind their operation and will manage the financial and regulatory aspects of their funding activities on a global scale.
Now let’s check the Sprintx ICO model;
Sprintx token symbol; SPTX
Token standard; ERC20
Total token suppy; four hundred sixty million
Minimum purchase: 0.5 ETH for pre-ıco
0.15 ETH for ıco
Token price: 1 ETH = 1112 SPTX
Soft cap: 18 000 ETH
Hard cap: 200 000 ETH
PRE ICO:will be available starting May 3rd until May 17th, 2018 with 25% Bonus.
ICO: will be available starting May 24rd until June 21st, 2018.