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Micro investment lets you invest in an income generating asset, like rental property, for as little as $1 per share. Fraxeum annihilates the cost involved in managing millions of tiny investment accounts making it feasible to create lucrative micro investment products.
Crowdfunded lending is big business. You can build and launch your own crowdfunded microloans product with secure, verifiable data. Each lenders loan agreement is signed digitally and stored on the blockchain. Investors contribute to the capital pool via EFT or crypto payments. Lenders can also repay loads using credit card.
Fraxeum lets you generate reward tokens and automate the redemption process. Fraxeum supports event triggers that calls your system with event data. Each trigger acts like a smart contract allowing you process the event and disburse rewards.
Whether you are distributing supper vouchers to conference delegates or creating wallets to facilitate millions of tiny machine-to-machine transactions, Fraxeum lets you create new wallets on the fly, manage sending of tokens between accounts and process thousands of transactions per second at ultra low cost.
Instasure is an app that is just waiting to be built. Fraxeum records each transaction instantly, with timestamps, user traceability and the potential to record additional data right in the block - GPS coordinates for example helping you determine exactly when and where an insurance request was recorded.
True transparency is when you allow stakeholders to track expenses in real time. Fraxeum lets users upload invoices and expense receipts as they are processed. These documents are tokenised and secured on the blockchain.
Whether you are building an app to crowdfund the cost of a lifesaving operation for an orphan or a system that allows people to buy a share in cutting edge technology, the Fraxeum API lets you accept payment via EFT, Card and Crypto in your local currency.
Looking to reward participation and consumer behaviour? Fraxeum's wallet system lets you keep track of events and reward your users with tokens. Your users can later redeem tokens for prizes.
The API takes care of everything from user registration and two factor authentication to distributing dividends and administering withdrawals.
The Fraxeum API guides you in launching your project legally any active jurisdiction. Once a jurisdiction has been defined the system enforces Company, Legal Structure and Investor compliance.
Each Fraxeum token is associated with a share class as defined by a legal entity, like a company or investment vehicle. The total supply of the token represents the number of authorised shares in that share class. For example, if a company authorised 1 000 000 Class B shares and issued only 50% then a new token is created with 1 000 000 supply of which 500 000 is distributed to shareholder wallets.
Fraxeum operates in local currency in every country where it has been deployed. Upon roll out the system issues one CashCoin, an internal token similar to a stable coin) for each country. The system ensures that the total token supply of each CashCoin circulation matches the total local fiat bank balance(s) at all times.
Fraxeum allows you to accept fiat (via EFT or Card) as well as Crypto deposits. Deposit taking is a banking function that requires a regulatory license in most countries. Fraxeum partners with licensed financial institutions (like banks, broker-dealers and fund managers) to manage the deposit taking function.
The system defines a super flexible protocol that allows the creative team to create beautiful HTML sales landing pages with tags to represent content items like gauges, graphs, video, text and images. Development team members use the Fraxeum marketing page manager to map the tags to data elements.
Each project can implement their own user roles and responsibilities letting the administrator define more than one role to complete a task as an internal control to prevent fraud and error. For example, a financial admin role can load dividend payouts, but a financial director role needs to approve before dividends are disbursed to investors.
Fraxeum is the gas that powers the blockchain. Blockchain miners and administrators have real expenses and in return are rewarded with Fraxeum. One frax is the smallest part of a Fraxeum Coin ∴ 1 frax = 0.00000001 Fraxeum.
|Cryptographic Type||Bitcoin Blockchain compatible asset (8 Decimals), native coin.|
|Max Supply||200 million - Capped|
|Hash Algorithm||Proof of Work (Identical to Bitcoin: HashCash)|
|Primary Purpose||Fraxeum is used to automatically reward workers for work they do on behalf of the platform. This could be miners, developers and other contributors in the Fraxeum community.|
|Market Making||Clients, users and consumers are the market takers. Transaction fees, production key fees and premium support fees are settled in Fraxeum.|
|Method of Distribution||Reward payment for work completed.|
|Market Place||Initially Fraxeum will only be redeemable for fiat or other cryptocurrencies on the platform's internal OTC market place. Fraxeum will list on Bitcoin compatible exchanges once volumes increase to acceptable levels.|
|Monetary Policy||The foundation manages the distribution of Fraxeum to protect the value of Fraxeum Coin. Shareholders that own large amounts of Fraxeum have their Coin locked up for 2 years. Once unlocked, Fraxeum shareholders can offer their Fraxeum for sale in small blocks over extended periods.|
|Listing Fraxeum||Like Bitcoin, an exchange needs to run a full Fraxeum node (cloud based VM with a total operating cost of ~$30 per month operating cost) and wallet to list Fraxeum. The Fraxeum blockchain supports all the native Bitcoin API functions.|
Premium support fees,
License fees etc.
|Fraxeum||fiat/crypto → frax||frax holder||Projects,
|3||Liquidity||Fiat/Crypto||frax → fiat/crypto||frax holder||Projects,
The Fraxeum team implemented the entire API in an Ionic app and we've made it all open-source. You are free to contribute or download and use the source code in your own project.
Fraxeum started in 2015 as a concept to facilitate fractional property ownership for a small business in South Africa. The concept gradually evolved into a full fledged tokenised ownership system. Today the platform makes it possible for developers from all every corner of the world to harness the power of blockchain technology and build phenomenal Fintech projects.