👩🏫Problems and Solutions
Problem
Slow Liquidation Process
Liquidating a digital asset can still be burdensome in various ways. Different crypto exchanges have different requirements, procedures, and withdrawal limitations, which have proven to be very costly and slow down the liquidation process. This is just a step when you think of adding the processing time and fees required by the clearing bank, which will turn the assets into fiat currency. It is most frustrating, especially when the customer has a pressing need.
Solution
Quick Access to Cash (Exchange and Loan)
TinqFi users will be able to receive cash instantly anywhere around the globe, seize investment opportunities, and meet liquidity needs immediately. With the aid of our crypto debit card, users can spend crypto on the go. Moreover, withdrawing large amounts of cash is more conveniently done using our direct P2P express trade portal.
problem
Digital Assets' Idle Value
Digital currencies are gaining traction and may soon be the most widely held asset type in the world. It is anticipated that by 2030, the entire value of those assets will exceed $6.1 trillion. The phenomenal increase in the value of cryptocurrencies over the past several years has attracted investors, miners, and entrepreneurs, who have amassed substantial money as a result. Although blockchain technologies continue to gain widespread use, as this occurs, the market capitalization of cryptocurrencies will rise even further. While most traders, miners, and investors would prefer to hold onto their assets for longer in anticipation of a price increase, they receive no benefit from doing so.
solution
Unlock the Potential of Digital Assets
TinqFi gives investors, miners, and businesses the option of setting up a fast crypto loan or exploring TinqFi Earn, giving them the best of both worlds: the ability to hodl their digital assets while still having instant access to cash. Clients of TinqFi can convert their cryptocurrency holdings into fiat currency quickly, or they can choose between a fixed and a flexible Earn plan depending on their needs.
Problem
Loss of Ownership
In order to benefit from the intrinsic value of their digital asset, the owners only have the limited option of selling them for fiat currencies This means losing ownership of the asset and forgoing any future price appreciation potential it might have For example, a company that has conducted an IDO would miss out on the entire price appreciation of the base cryptocurrency that it collected from the crowdfunding but sold subsequently to meet capital, R&D, and operating costs.
Solution
Retaining Ownership
Clients retain 100% ownership of their digital assets by making use of TinqFi’s instant crypto loan. Rather than selling their assets, they keep the entire capital gain and accompanying benefits from their digital assets. TinqFi’s clients can enjoy their crypto wealth immediately without having to sell their digital assets and lose ownership in the process.
Problem
Lack of Financing for web3 projects
Investors looking for the next Ethereum or BNB at an early stage are finding it tough to identify quality projects as it becomes harder for web3 start-up founders to raise the funding needed to propel their idea into the limelight.
Solution
Connecting Web3 startups with investors
TinqFi Launchpad will showcase a wide range of high-quality blockchain projects to TinqFi's clients and investors through the platform's own network, while also providing the projects' creators with financial support and strategic direction all the way up to the point where they are ready to bring their products to market.
Problem
Transparency and lack of trust
Due to widespread fraud and interest rates that are closer to usury than market conditions, the crypto industry has recently experienced a lack of adequate security standards and transparency, which is something one would not expect from services connected to blockchain. As a result, many people have lost their digital assets.
Solution
Smart Contracts on a Public Blockchain
With TinqFi's military-grade encryption, customers can rest certain that their digital assets are secure and their ownership is guaranteed through a transparent smart contract maintained on the blockchain.
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