Real world experience of using cryptocurrency is not easy and comfortable as we think. Cryptocurrency holders sometimes face many inconveniences when they are involving real-world activities. For example, if anyone wants to purchase cryptocurrencies, transfer cryptocurrencies or exchanging cryptocurrencies they have to use money. But money is very complicated, slow and unstable. This problem has got attention of many companies and most of them have introduced logical prepaid plastic card solutions to overcome these issues. But the problem is most of them are deal with only few cryptocurrencies. And also, their acceptance has limited with a smaller number of merchants.
After researching about all possible real-world problems and considering weaknesses of current methods, the FuzeX team propose a method to deliver an innovative user experience as well as solving the problem of usability in cryptocurrency by introducing the FuzeX Ecosystem.
The vision of FuzeX
“The FuzeX Team strives to make all forms of currency payment (fiat, rewards and cryptocurrencies) secure, reliable and User/Merchant friendly.”
We can recognize cryptocurrencies like Etherium, Bitcoin as “money” because of wider spread of blockchain technology and its innovative financial solutions. But with considering cryptocurrencies as “money”, cryptocurrencies face a serious challenge because everyone think that cryptocurrencies are “nice to own & difficult to spend”. FuzeX’s vision is to give a solution to this problem with cryptocurrencies and break down that myth.
The FuzeX Ecosystem
FuzeX ecosystem consists with 3 major features.
The FuzeX Card
FuzeX card is a smart e-card which has a magnetic strip and barcode. There are 30 000+ FuzeX cards which were brought to market and sold by now. All the features of the Fuze Card will be obtained in the FuzeX card. Multi-cryptocurrency integration is an additional benefit.
The FuzeX Wallet
FuzeX wallet uses to store, spend, receive, and transfer tokens. We can consider the pair of FuzeX card and the FuzeX wallet as a hard wallet which has fragmented private keys between the FuzeX card and the FuzeX wallet. The private keys are only accessible by unlocking the FuzeX Card (via a pin on the card) and FuzeX Wallet (via an account password).
The FuzeX Exchange
Project Progress
Fuzex Card is now in testing. You can check a sample demo of using Fuzex Card at MacDonalds here:
The FXT Token Utility
The determination of Fuzex team is to enable Fuzex card users to use their cryptocurrency anytime, anywhere. They have mentioned some important short term and long-term utilities of FXT tokens.
FXT token holders will gain benefits and discounts when Purchasing Fuzex cards, Paying annual membership fees and
Determining transaction limits. After implementing Fuzex Exchange users are allowed to exchange FXT tokens with their partner tokens. That will enable FXT holders to use partner servicers using their FXT tokens.
Details on FuzeX Bounty Program
FuzeX is allocating 1M FXT for their bounty campaign. The FXT will be distributed according to each participant’s total stake starting from 8/30.
• Start campaign: July 18, 2018
• End campaign: August 21, 2018
Join FuzeX bounty campaign now alive:
https://docs.google.com/document/d/1dBJ0QNgnWYAXEfJ9wU5zbSL6_dpeH1gKZYMdhBKgA4M/edit
For more details
Website: https://fuzex.co/
Email: info@fuzeX.co
Slack: https://fuze-slack-inviter.herokuapp.com
Medium: https://medium.com/fuzex/news
Facebook: http://www.facebook.com/FuzeX.co
Telegram: https://t.me/FuzeX
About Me
My Profile: https://bitcointalk.org/index.php?action=profile;u=1890657
Eth Address: 0xa4A208C7b431a83362287b8A63D2E675a8e9E15b