Fuzex has commenced with the cryptocurrency technology adopting highly developed technology retained for every technical technique. Even the competitors have an approached on the face of it with a rational prepaid plastic card solution that Fuzex has inaugurated as smart card system as the key element to their ecosystem.
The use of these cases is unrestricted for the usage of debt, credit, cryptocurrency and reward payment system. Currently, the Fuzex ecosystem is running with three major essentials.
One is a highly advanced smart card or Fuzex Card, another one is FueX Wallet and the last one is Fuzex Exchange. Fuzex wallet takes record of user account management, storing, spending, receiving and Fuzex tokens.
FXT
As per the characteristics of cryptocurrency, the Fuzex is utilizing money by adding benefits to it. They are utilizing the system for the cardholders and utilizing cryptocurrency by offering tokens to the users. Fuzex is introducing token sale ensuring the development of Fuzex Ecosystem by the obligation to ERC20. This will be available to the website with a specific date and time with the forecast of partners.
There will be 40,000 ETH with an average of $42,976, 171.43 hard caps. Tokens will be offered in pre-sale and private sale event dividing the amount of ETH equally. Then tokens will be allocated precisely. 60% will be at the token sale event, the advisors and partnerships will get 5%, bounty and donations will have another 5%, 15% will be issued for the technology acquisition and the rest of the 15% will be reserved for the Fuzex founders and employees.
Fund Management
The funds for Fuzex Tokens of FXT will receive the sale for these. This will be held through a secure multi-signature wallet. This will be effective for the allocation of some developments into the Fuzex Ecosystem. The Fuzex Card will have 35% of tokens on pre-sale among which 5% will be allocated research and development, 20% will be up for the products and the rest of the 10% will be issued to the partnership and certification process.
The next 5% will be allocated during pre-sale in the purpose of Fuzex Wallet and its development in application system usable for Android and iOS. After that, 40% of tokens will be reserved for the Fuzex Exchange and Infrastructure. The trusted security model will have 5% of tokens during pre-sale, 20% will be up for the Fuzex Exchange and the rest of 15% will be reserved for Fuzex Exchange liquidity during token-sale.
The marketing sector will get 10% of tokens during pre-sale and token-sale, the audit will have 5% tokens during token-sale and the rest of 5% of tokens will be allocated for licensing during pre-sale.
Calculation of Tokens
Fuzex has got a good market that it has earned $1,074.40 ETH in just two weeks with an average of the hard cap which is equivalent to the $42,976,171.43 and it will raise $40 to $45 million.
This calculation will factor the continued volatility of ETH for the community sentiment and this will be decided by not proceeding through the General Sale and everybody will participate in the Fuzex Private and Pre-sale. From this, the organization is humbled by the support from the users at once.
The FXT tokens are playing vital roles within the service platform of the ecosystem and it has improvised it as the medium of tokens building a bridge o the service offered through tokens. In this, the ultimate beneficiary is the users.
Website: https://fuzex.co/
Telegram : https://t.me/FuzeX
Whitepaper : https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf