Since we have decided to move away from cryptocurrency / ICO (while still supporting asset tokenization), we have decided to reduce our presence on BitcoinTalk. Please find more details here: https://medium.com/asset-tokenization/ideafex-adopts-new-logo-updates-social-media-plan-64b326963a31What is IdeaFeX?
IdeaFeX is the marketplace for tokenized real-world goods & assets: We identify in our economy several sources of inefficiencies in resource allocation, namely inflexible flow of goods & assets, deep divide between financing & operations, and pervasion of "exclusivity". As a solution, we introduce tokenization of real-world goods & assets (that are currently indivisible and/or illiquid) in the forms of product futures & exotic assets. They allow for a range of business model innovations, new investment methods, and new consumption models.
How do we prevent scams?
Our marketplace is fully compliant with all pertinent asset trading, payment, and exchange regulations. This means all users, including fundraisers, pass KYC (Know Your Customer) background checks.
Why are we using blockchain? Is it really needed for a centralized platform?
With blockchain tokenization, we keep the separation between our marketplace and investments made against listed assets. The fundamental ownership and cash flow of these investments will be tenable independent of our marketplace, thus providing extra robustness. Moreover, it makes listing, trading, and exchange much more cost-effective. Therefore, even though blockchain is not necessary for a centralized platform, it makes the most important records of the investments decentralized.
Who can list an asset on IdeaFeX?
Anyone, individuals or companies, can use IdeaFeX to list tokenized assets, so long as they pass KYC (Know Your Customer) background checks and produces audit reports from qualified external parties or certified custodians.
Why do we collect your personal information, and how will we use it?
IdeaFeX is serving in a regulated industry and is required to comply with KYC (Know Your Customer) procedures that prevent terrorist financing, money laundering, and other criminal activities. We are committed to the protection of your personal information and will never sell or exploit your personal information, including usage preferences, for financing gains.
For more informatino, you can always find us on
Twitter https://twitter.com/ideafex_com
Facebook https://www.facebook.com/ideafex
We would love to hear your comments and questions on IdeaFex!