spending your crypto assets in your day to day life purposes is not very convenient. though some coins are introduced with the vision of payments, I haven't see actively using those coins in real life. many companies tried to bring cryptopay into real life. most of them introduce plastic card for the payments. it's not very useful when typical cards come into cryptocurrency. I have done a little search about an easy and safe way to spend my cryptocurrency in real life. then I found Fuzex.
fuzex will bring cryptopay into the next level. fuzex got the attention of already successfully developed, brought to market, sold and shipped fuze card. fuze card is smart e-cards that enable users to embed up to 30 credit, debit, or reward cards in one.
Fuzex launched token sale in the 1st quarter in 2018. they have successfully raised the funds for the project.
How It Works ?
check this video out first,
After watching this video i think you get the idea about how convenient that cryptopay can be.
Fuzex idea is to reduce the gap between your online wallet and the wallet in your pocket. fuzex give real-time exchange from crypto to fiat currencies.
here are the few steps that fuzex card works,
choose your desired currency in fuzex ecard and check your account balance in currency exchange rate for fiat currencies. then hand over fuzex card to the merchant. then request will be sent to issue. issuer check your funds and if there is sufficient funds issue will authorize the payment. then merchant receives the payment authorization and payment is completed. you can check the summary in fuzex wallet.
Blockchain partner simmit was held in Korea at Grand Walkerhill Seoul Hotel from July 21 to 22. Fuzex joined this event as a Gold sponsor. during this event, Fuzex signed a Memorandum of Understanding (MOU) with Bitcoin.com and also announced that its support for Bitcoin Cash (BCH). Fuzex support Bitcoincash (BCH) instead of Bitcoin. with this MOU BCH will be available in FUZEX card as a payment coin.
in the beginning, Fuzex announced they gonna partnership with Bitcoin but during BLOckchain partner summit they partnered with Bitcoincash (BCH). when we look at this decision rationally you will see the benefits of using Bitcoincash(BCH) instead of BTC. with the increment of bitcoin users its users its speed slowed down while the fee increased consistently. Bitcoincash is a coin with the same vision as bitcoin but with a low rates and high transaction speed.
Fuzex launched a buyback plan to acquire marketing funds that will be utilized to raise the brand value of FuzeX, so the users would increase for FXT to evolve into a globally popularized cryptocurrency. Fuzex BUyback plan already started and buyback period is from July 31, 2018, ~ August. Fuzex planned to buy Minimum of 2,000 ETH worth FXT. this is a whole new concept in cryptocurrency marketing.
fuzex will give away free FXT for 1st 500 members who successfully store more than 75,000 FXT from July 25 for two months. you can register with lock-up event with this link. https://docs.google.com/forms/d/e/1FAIpQLSfJeZYnTSkPAGbyKIVe-Jc40mLGI_HvvxWIqKKfc3rtsITlAA/viewform
i hope you get the idea and the potential that fuzex got. this article is just brief about fuzex project and you learn about fuzex by visiting bellow links. thank you.
Website https://fuzex.co/
WHITEPAPER https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
TWITTER https://twitter.com/FuzeX_co
FACEBOOK https://www.facebook.com/FuzeX.co
MEDIUM https://www.facebook.com/FuzeX.co
YOUTUBE https://www.youtube.com/channel/UCKC_X1r-3yoBpVeuFcR8thQ
TELEGRAM https://t.me/FuzeX
