Have you ever noticed the number of ads about new ICOs and cryptocurrencies popping up these days? Every time a website is opened or a subscription is asked for, I am brutally amazed at the spread of Blockchain startups with the most amazing of features and a solid team backing it. About $3.7 billion was raised by ICOs in 2017 alone, as per stats. The trends are favorable but often marred by volatility and trust issues. Nevertheless, the market commands an average of up to $2 billion worth of trade transaction on a daily basis.
Still, we witness a lull when it comes to their utility as a medium of exchange, even huge e-commerce websites offer only cards, net banking, and PayPal as options.
The Fixy Network takes an entirely different look at the scenario and comes up with an overwhelming user-friendly solution. The Network will include a decentralized marketplace and decentralized Exchange. The entry into the cryptomarket would have never been so easy. With Fixy one can connect to innumerable partner shops. It offers a whole lot of features.
The app provides for a gift card that can be bought in cash from stores verified by Fixy. The unnecessary shambles and races to enter the crypto market can be completely avoided. The doorway is available next door!
The FIXY EXCHANGE will help in easing up the limits on purchases, usual hacking incidents and malfunctioning of the centralized crypto exchanges. It will be an open platform for both big and small investors who track their favorite currencies and traders in their location. They can be contacted through a messenger. There will be KYC norms to be fulfilled for verification.
Store finder, smart contracts, and messenger as add-ons will make things smoother on the platform. The store finder app will help locate stores, cryptocurrency or traders in their area. Smart contracts will be used to lock deals and messenger will be used to contact traders and conduct OTC trades.
The users can leave reviews and ratings on their experience as well.
How is it FIXED?
The platform works both as a private and commerce marketplace for every commodity that can be put up for sale or rented even. May it be a used car, durables or non-durables, or a rental hotel room.
It brings together interested companies or partners and customers or users. The companies can even advertise their products and offer on the platform. To up the interest, several games will be available too along with contests and rewards.
The partners are required to pay an entry fee in the Fixy token. The items so put up for sale will be available at 60% fiat and 40% crypto(BTC, BCC, ETH, LTC) to contain volatility issues. The customers can buy cryptocurrencies through their gift cards.
The Fixy app goodies:
- The app provides a shortcut to newbies who want to enter the market and monetize their cryptocurrencies.
- With the amalgamation, more companies and ICOs can reach customers who were unavailable before due to issues.
- They get paid in both fiat and cryptocurrency
- The decentralized peer-to-peer marketplace offers the transparency and assurance of operations.
- The smart contracts so used to transact deals are immutable.
- The gift card will be easily available in stores in cash.
- OTC trading will be available for cryptocurrencies, gold, and silver within the app.
FIXY token and ICO details:
Fixy will be an Ethereum based token of the platform. The partners who want to be a part of the platform need to buy the tokens. It will be used to pay for advertisement space or else make purchases.
The total supply is fixed at 100,000,000 Fixy. 1 ETH = 5000 FXY. The soft cap is fixed at 2000 ETH while the hard cap is fixed at 11,400 ETH. The private sale will be limited to 400 ETH. The pre-ICO will have 40% bonus, followed by 20% in the level 1 and none in level 2. The token sale will take place on 1 May 2018.
Concluding Remarks:
Foxy provides a fresh approach to deal with general acceptability of digital currencies as a medium of exchange in the real world by connecting local shops. Along with that, the ease of availability of gift card at any store is sure to interest the traditional as well as experimental users. The painful and lengthy procedures have been done away with instead games are there to have some more fun. The investors will benefit as early birds through bonus and will be able to be a part and participate in the app. The users will be all agog with the multitude of options available. The app looks promising for the time being.
For more details visit:
Website: https://fixyapp.io/
Whitepaper: https://fixyapp.io/Whitepaper.pdf
Twitter: https://twitter.com/fixy_app
Facebook: https://www.facebook.com/Fixyapp.io/
Blog By: Lanirm Knayam
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1308391