Although over the years cryptocurrency has gained prominence as a means of exchange among the populace it still faces some hurdles in terms of liquidity in the money market. Holders of cryptocurrency find it more easy it hold it as idle balance than as an active balance. This is largely because a great percentage of the general public is yet to come to term with the acceptability of cryptocurrency as a means of exchange. More so, many merchant platforms like POS is programmed to recognize only fiat
FUZEX
Fuzex bridges the gap between the holders of cryptocurrency and the real world. Through Fuzex card holders of cryptocurrency can now experience the perfect liquidity of money. They can work into any store with their cryptocurrency enabled card and purchase any goods or services. The platform allows users to to choose what currency they want their cryptocurrency to be converted to when used on Point of sales and other platform. Hence the merchant receives its payment in the form of local currency chosen by the user of the Fuzex card
MEMBERSHIP
To be part of the fuzex ecosystem an interested member need to download the fuzex mobile application into his mobile phone (It is available for both android and IPhone users) after which he/she should open a fuzex account and order for a fuzex card user. On receiving the card, the user can activate it using the downloaded fuzex mobile app
FUZEX ECOSYSTEM
The pillars behind the functionality of Fuzex is the fuzex card and the fuzex wallet. The two work together to enable users have the liberty to utilize their cryptocurrency like never before. All they need to do is to connect all their crypt- account to the Fuzex platform. The basic function of the Fuzex wallet is to receive, spend, store and transfer tokens as demanded by the user. The fuzex wallet allows users to manage all their cryptocurrencies easily and conveniently. Furthermore, users can check their previous transaction history and the current exchange rate of the fiat currency they enabled on their platform
PARTNERSHIP
To enable a smooth performance, at the initial stage Fuzex plans to partner with existing issuers. The partnership will be more of a symbiotic relationship. Through this partnership Fuzex will have access to a fundamental unique solution that enables the adoption of cryptocurrency hence increasing their member base while on the other hand the partners access to the crypto-industry like never before
TOKEN ECONOMICS
The token for the fuzex platform is the FXT. The FXT is designed to enable the developmental growth of the Fuzex ecosystem. The FXT is an ERC20 token, this is largely because it is based on blockchain network. The token is set to be available at exchange rate of 1ETH per 12,000 FXT. Members of the ecosystem have the choice purchasing the Fuzex token with either an Etherum or Bitcoin. Out of the total token produced Fuzex plans to release 60% for token sale the rest of which will be distributed between Advisors, Bounty &Donation, Technology acquisition, Fuzex founder and employees
https://fuzex.co/
https://t.me/FuzeX
https://fuzex.co/#d92bfc4ac2083dc7f
http://www.twitter.com/fuzex_co
author
sweedy