Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

Here’s All You Need To Know About The Cryptocurrency Creating Waves In Social Media: Proprivex (PPX)

Cryptocurrency Aug 10, 2022 12:01PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Here’s All You Need To Know About The Cryptocurrency Creating Waves In Social Media: Proprivex (PPX)
 
DOGE/USD
+0.91%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SHIB/USD
+0.63%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
SOL/USD
+2.39%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

The Proprivex ecosystem is a new project that aims to remove some of the bottlenecks surrounding the traditional finance industry. The platform will utilize a cryptocurrency known as the PPX Token.

Proprivex has identified that the digital asset management sector is a niche opportunity and could boom in the future. Cryptocurrencies have some inherent characteristics such as unique utilities and price volatility. These assets need technical and advanced skills for proper portfolio management. These digital assets are not issued on paper and will need to evolve rapidly.

Not all tokens are listed on all exchanges and navigating decentralized exchanges could be a bit challenging for new and amateur users. This is where Proprivex will help such users in taking advantage of a simple yet elegant spot trading platform along with the ability to utilize margin for trading purposes. The Proprivex ecosystem will enable efficient and secure trading, staking, and asset management of diverse crypto assets along with full-scale security.

Is Proprivex a reliable project? The Proprivex team has put together a comprehensive road map detailing its plan. Moreover, the smart contracts of the Proprivex ecosystem will be audited by Certik which is an industry leader in such audit programs. The decision to go for an audit itself ensures sufficient transparency and accountability of the project. Read the audit report once it is out and also go through the technical documents to ensure that the project is reliable and could potentially provide meaningful gains in the future. To prevent any rug pulls, all tokens sold will have a vesting period of two months.

What utilities does Proprivex provide? The Proprivex ecosystem will include support for asset management services through AI and machine learning algorithms and tools. The DeFi yield aggregator of the Proprivex ecosystem has been built to incorporate Solana and will therefore offer very low costs for its users.

Support for spot trading will be provided through a web browser and an application. Users will be able to pay for trading fees through PPX Tokens. Support for OTC and margin trading will also be provided through the portal. Both retail and institutional clients will be able to take advantage of the services offered by the Proprivex ecosystem.

Users will be allowed to borrow or lend assets and will therefore be able to take hedge positions in order to protect their primary investment. The PPX Token will also provide voting power to its holders. Following are the tokenomics of the PPX Token:

Token Supply: 650 million

35% reserved for Seed, Strategic, Whitelist, and Private Sale

20% reserved for the website, DAO, DEX liquidity

17% reserved for incentives (reflections, referrals, and discounts)

12% earmarked for Proprivex fund (Legal, Lobbying, Partnerships and Acquisitions, Ecosystem, 2% per month of revenue for operations)7% Startup costs to include; Team, Advisors, Early Partnerships, IDO, and DEX listings

5% for Marketing and Promotion

2% for Treasury

2% allocated for the Public Sale IDO

How to buy the Proprivex Token? The PPX Token will be offered for purchase through a presale. Users will also be able to get attractive bonuses if they participate during the presale period. A user who chooses to purchase via the Dogecoin or Shiba Inu token will be eligible for a bonus of 11% each. In addition, bonuses will also be offered depending on which phase of the presale is used for purchase. For example, a bonus of 8%, 6%, and 4% will be applied during the first, second, and third stages of the presale. A user can take advantage of the presale bonus to build up and accumulate huge volumes of the PPX Token.

Continue reading on DailyCoin

Here’s All You Need To Know About The Cryptocurrency Creating Waves In Social Media: Proprivex (PPX)
 

Related Articles

Web3 is the solution to Uber’s problem with hackers
Web3 is the solution to Uber’s problem with hackers By Cointelegraph - Oct 03, 2022 4

Uber (NYSE:UBER) is a staple of the gig economy, for better or worse, and a disruptor that once sent shockwaves throughout the mobility space. Now, however, Uber is being taken for...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email