FLUZCOIN ICO PROJECT REVIEW

Dear crypto world and silent witnesses of the blockchain revolution, I would like to examine the FLUZCOIN ICO PROJECT, which will bring together cryptocurrencies and the retail industry. I think it is one of the very significant and promising ICO blockchain projects in recent times.

In 2017, total retail sales reached $ 23 trillion. By 2020, this figure is expected to reach 27 trillion US Dollars. Of course, these figures include not only e-commerce but also classical retail sales. Within this scope, we can see that retail sales constitute the main backbone of commercial activities. On the other hand, e-commerce activities have a sale capacity 2.3 trillion US Dollars now and we can say that this figure will be doubled by 2021. As a matter of fact, especially when we look at the recent increase in the prices of major e-commerce giants such as Amazon, eBay and Alibaba, we can see that this prediction is not wrong at all.

Today, with the rapid development of blockchain technology and the blockchain revolution beginning to enter into every aspect of our lives, the trend towards cryptocurrencies has also increased rapidly. E-commerce and the cryptocurrency world actually have the potential to integrate with each other. Nowadays, however, this situation has not been properly fulfilled. As a matter of fact, today there are a limited number of initiatives that recognize BTC and ETH cryptocurrencies as payment instruments for e-commerce activities. Some of these are Subway, Microsoft, Overstock.com, Shopify, Pizzaforcoins. The Fluzcoin Project wants the cryptocurrency to be a matter of retail business.

What is FluzCoin?

The Fluzcoin is a retail protocol designed to solve problems such as speed, cost, compatibility, and volatility in the cryptocurrency world. The main purpose of the project is to create a successful retail cryptocurrency that consumers and sellers in the global sense will adopt and use. There will be Quorum blockchain network in the infrastructure of the project, which is based on Ethereum and has official permits, which enables fast and transparent processing and safe operation at the same time. Also “Fluzcoin Artificial Intelligence Algorithm” will be created. This algorithm will help to adjust the supply-demand balance for Fluzcoin.

Holders of Fluzcoin will receive award tokens that we refer to as "stakes" in exchange for keeping these tokens in their wallets.

In order for a cryptocurrency to be successful in the long term today, it is necessary to pass on two fundamental factors. One of them is protecting the value of cryptocurrency; the other is that it has to become a payment method for businesses in real life. Fluzcoin believes that it is going to meet both needs. In this context, Fluzcoin is considered to be an important payment instrument in the retail industry.

In the project, there will be "Fluzcoin Consumer Insights API" which will collect data about consumers. Thus, the merchants using the platform will be able to benefit from the collected data within the scope of the Fluzcoin ecosystem and make successful forecasts and plans for their companies. Using the Fluzcoin Platform, both consumers and merchants will have several advantages:

Advantages for Merchants

• Thanks to the Fluzcoin Platform, Merchants will add new customers to their community.
• Transaction fees will be "0".
• There will also be possibilities to develop special cryptocurrency and brand for the companies within the platform.

Advantages for Consumers:

• Purchasing products with Fluzcoin will be cheaper than buying with other cryptocurrencies or fiat money.
• Online banking and fund management activities, which can be performed 24/7, will be on the platform.
• There will be an opportunity to earn tokens by benefiting from the rewards created within the framework of the “New Generation Loyalty Program”.
• Those who have Fluzcoin in their wallets will be able to earn tokens on a regular basis owing to the stake system.
• Measures against price falls will be taken for project token FFC and excessive price fluctuation will not be allowed.

ICO and Token Information

The project token will be the FFC (Fluzcoin Token) which is based on ERC 20 standard. The total FFC supply is 3 billion 223 million. A rate of about 66 % of these; that is, 2 billion 120 million is reserved for FFC sales.

Pre-sales are on 30.11.2018; ICO Main Sales will start on 01.12.2018 and end on 15.12.2018.
The price of the FFC Token has been determined to range from 0.1 USD to 0.46 USD. In other words, it is planned that the final price will be 0.46 USD at the end of the sales.

The Soft Cap Target is 10 Million USD and the Hard Cap is $ 212 Million.
To purchase from FFC Tokens and invest in the project, you can register at https://ico.fluzcoin.io/

Project Team

The founder of the Fluz initiative is an entrepreneur named Stefan Krautwald who was CEO for Latin America at Cdiscount, part of Cnova Group and sixth largest e-commerce company in the world. I think it is very valuable for the Project to have such an experience of his own.

Among the other members of the project, there are successful and experienced people in sectors such as blockchain, e-commerce, brand management, information and communication technologies. When we examine the profiles of these members separately, we see that they are all good at their work. I can say that the Project Team is very solid and reassuring on behalf of the project.

Conclusion

I think they will be very successful in their ICO work because of the concrete products they have created and the past work of project team members, the large community support behind them (Telegram - about 50 thousand members), and most importantly, success-focused ecosystems.