Sprintx: The Innovative way of doing Business

Startups have come to be an integral part of this generation's business world. These are brand new companies that are looking to make their mark by introducing new and innovative projects and usually start off at a minimal level with very less initial capital and uncertain prospects. Due to these reasons, attaining financial aid for startups proves to be a challenge. Various financial institutions are reluctant to fund these businesses as there isn't any concrete proof of future profits or any prior records to show that they would be a solid investment. This leads to a lot of missed opportunities on the part of startups and could lead to stagnation in the economic environment. Investing in startups would allow new, innovative and potential competition to take part in a market that is usually dominated by big, well-established companies. It would allow diversification for investors and consumers alike and would enable perfect competition in the economy.
SprintX provides a platform that would allow funding for startups through ICOs in association with SwitchX and NOVA.
About SprintX
The virtual world provides startups with endless possibilities. The system of cryptocurrencies and ICOs give startups an opportunity to raise funds easily, efficiently, and without needing too many pre-requites. Moreover, with the help of the blockchain technology, the whole process becomes decentralized and transparent. SprintX will act as a bridge of sorts, connecting startups with interested investors, aiding them with the necessary technical tools and providing financial support, required to launch their projects.
The main idea behind this platform is to create a sort of hub for startups and provide them with the support that they require to build themselves in the community and become self-sufficient. It will create an ecosystem that will be able to give startups an opportunity that they would otherwise lack in the real world. They will do this by bringing together those who need funds with those who are willing to provide funds on the basis of their projects.
This system will be possible through SprintX and SwitchX that will allow startups to convert the cryptocurrencies they raise into fiat money and provide them with the required IC and cryptocurrencies services necessary. SprintX will focus on converting cryptocurrencies raised by the startups into fiat currency. SwitchX, on the other hand, will list newly created tokens on an exchange, and make the token available for trading as soon as possible by giving it a value and making it available for other potential investors. SprintX is essentially an ICO launcher that will work simultaneously with SwitchX, a multifunctional exchange platform, and NOVA, a platform that supports entrepreneurs with guidance to create their own startups, thus creating a holistic ecosystem.
Technology
SprintX, SwitchX, and NOVA, together create an ecosystem for the advantage of the companies, investors, and startups. They communicate and work in a combination to bring about a platform that is unique and efficient. The SprintX has a variety of function as an ICO Maker and Smart Contract Generator. The first part of the process is for SprintX to analyze and evaluate the applications that they receive from various startups, in order to decide if a startup can be developed with NOVA. It will then go on to launch ICO for the startup after its incubation process has been completed, alongside smart contracts, advisory, digital strategy and other ICO services.
NOVA and SwitchX will both act as a startup incubator and crypto to fiat converter for these startups while working with SprintX. Each part together will go on to play an important role in the establishment of the startup with the help of the blockchain technology.
Conclusion
Companies currently lack the support of financial institutions. This proves to be a hindrance for the capitalist economy as perfect competition isn't maintained. This leads to lack of options for investors and customers and lack of opportunities for entrepreneurs. With the help of SprintX, this problem can be solved. SprintX will prove to be an important platform for upcoming potential entrepreneurs and startups. Its unique technology will allow it to help the startup community and provide it with a variety of essential services, making it a one-stop destination for investors, startups and customers alike. Its holistic ecosystem provides it with an edge and it will definitely prove to be beneficial for the economy.
Website - https://sprintx.io/
Published by - lanre0501
Profile -https://bitcointalk.org/index.php?action=profile;u=1167562

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