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Cash Telex

Cash Telex Coin Limited Time ICO

Cash Telex Dynamic Diversified Fund Solution is to back the CTLX coin, and is directly pegged to real assets (Gold, Diamond, Silver and Real Estate). Investors can benefit from various services provided by Cash Telex Ecosystem. The Cash telex initial purchase of assets from the fund collected during the ICO will provide a foundation and it will continue to reinvest those funds from the collected fee from Loans, exchange transactions and Debit Cards fees issued to customers. All of these services will be in a form of CTLX and that will give guaranteed demands for CTLX coins.

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Benchy 4.0
KYC
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70 days 2 hours left
2018-12-10 - 2019-07-31
Token
CTLX
Type
Price
1 CTLX = 0.82 USD
Bounty
MVP/Prototype
Accepting
BTC
Soft cap
10,000,000 USD
Hard cap
100,000,000 USD
Country
Whitelist/KYC
KYC
Restricted areas
USA
Visit ICO website
Report
Changelly

About Cash Telex

Cryptocurrencies in the current state are suffering from several drawbacks and issues related to absence of stability, scalability and most importantly security. Several algorithms and techniques were recently introduced aimed at addressing those issues. Unfortunately, those attempts met with one solid drawback from cryptocurrencies giant Bitcoin price volatility. This instability of the main markets pair resulted into the almost daily market volatility. This is expected specifically, when measurements are against an unstable metric. As a result, you will always end up with volatile unstable value which is here considered as price of the currency. The main reason for this instability and extreme volatility is absence of structured backing system which is supposed to be in a form of assets. Assets backing for any currency is an important element in order to allow stable value, and preservation of capital. This paper addresses those issues and introduces a new Proof of Wealth (PoWL) to solve the above problems. We present Cash Telex Ecosystem to demonstrate the use of Proof of Wealth (PoWL) algorithm. The solution requires several components to work together in order to achieve the desired scalability, stability and a secure environment. The described solution guarantees to maximize the investors’ wealth and preserve the initial investment capital and ultimately provide a reliable payment solution.

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