In the year 2008 the world witnessed a great revolution in the technology industry which is the Cryptocurrency and the blockchain technology which remains the most disruptive and revolutionary technology on earth today. You will agree with me that a lot of us never believed that the Bitcoin which was the first cryptocurrency to come out will stand the test of time but today, over 3000 cryptocurrencies have been created and many more will still be created because Bitcoin has been a huge success. Today the blockchain and cryptocurrency technology that many people never believed in when it was first invented has found its application both in the financial, real estate, oil and gas, medicine and many other sectors. Most governments and central banks are lookout for ways to apply this technology into their operation because of its security and transparency. Even with the invaluable benefits and potential application of Cryptocurrencies, it has had some major setbacks in the past such as it been under-utilized, limited and exceptionally volatile. The volatility of cryptocurrency can be attributed to its lack of everyday use for transactions by customers and companies and this makes it difficult for its value to be stable while its underutilization can be attributed to its lack of real use in our everyday life.
It has been observed that cryptocurrency is still very much limited when compared with fiat currency especially when it involves purchasing goods and services reason being that it is still not generally accepted; some countries are still kicking against it while some few countries are already in love with it. This is one of the major challenges that cryptocurrency is facing. Even with the popularity of cryptocurrency it is still quite difficult for new cryptocurrency investors and enthusiast to acquire it and this has led to some of them losing interest. This challenge is basically caused by the tedious registration procedures that the investor has to go through. Another great challenge faced by cryptocurrency investors is that of registration and validation on a cryptocurrency exchange platform where one’s cryptocurrency can be liquidated. This process is time consuming; it might even take days or weeks and nobody has all that time to waste. Cryptocurrency investors in United States and some other countries can no longer purchase cryptocurrencies with their credit card because of some government regulations; this is really limiting the potential of the cryptocurrency technology. These are some of the challenges that FIXY NETWORK saw and decided to fix it once and for all by facilitating the use of cryptocurrency in our everyday life. Let’s look at what FIXY NETWORK is all about and how they plan to fix these challenges.
FIXY NETWORK is a network which has been designed to have a decentralized market place and a decentralized exchange so as to make it possible to make use of cryptocurrency in their everyday life. The platform will be designed in such a way that it will make entry into the cryptocurrency world a very simple and interesting one. It promises to have features that will encourage the use and application cryptocurrency in our daily life. Some of the key features that will be available in FIXY NETWORK are FIXY gift cards, OTC trading, Store finder, private and commerce marketplace, smart contracts and free messaging services. The FIXY gift cards helps the users with an opportunity to get into the cryptocurrency world without have to go through unnecessarily tedious and time consuming verification process. These gift cards can be bought from stores verified by FIXY NETWORK with FIAT money. You will be able to deposit the FIAT money on the FIXY App where you can use it in decentralized exchange and decentralized marketplace while these stores can be easily located with the FIXY store locator. The FIXY OTC trading feature will give users the opportunity to exchange their cryptocurrencies both in cryptocurrency and FIAT money with zero charges by the platform. To save the users exchange wallet of the risk of cyber-attacks the team has designed a plan that will allow the investors to keep their own wallet. I also discovered that the FIXY App has been designed in such a way that it can assist traders find their favorite cryptocurrency and other traders around their location using the FIXY Store Finder and these traders also can be contacted using the integrated messenger.
With the FIXY Market place, the challenge of cryptocurrency not being useful in everyday life will be a thing of the past because the FIXY marketplace will bring both companies (which will be referred to as partners on the platform) and users (which will be referred to as users) together. And the good thing about this market place is that anybody can be part of it. The partner companies will be required to pay entry fee with the FIXY token before they can be allowed to sell or make adverts on the platform; this will help the value of the FIXY token to increase over time and be a great advantage to FIXY token holders. I also discovered from my research that the FIXY NETWORK team will be creating a hybrid market solution where sellers can sell any item at all ranging from cars to hotel renting. On this hybrid market solution, 60% of the payment for products will be made in cash while the other 40% must be made in cryptocurrency; this will help in protecting the seller against the volatility of cryptocurrency. To also make cashing out easy, the team has promised to work with a third party exchanges where cash out can be done without stress.
CONCLUSION
People have been doubting the sustenance of digital currencies ever since the introduction of Bitcoin and one of the reasons that they hold is that digital currencies can never take over cash payment because it is not used in our daily lives. This is where FIXY Network comes in with is amazing solution. With the development of the Fixy app which is going to allow the use of cryptocurrency in our daily activities. These daily activities include buying and selling of items and other transactions that users would want to engage in. The future is very bright especially with the development of this project and its app. To those who thought digital currencies cannot take over should start thinking again because FIXY NETWORK is breaking grounds with its new development.
You will agree with me that this is a great project that one needs to partner with. The ICO is on and you will need to join fast before it gets sold out. The minimum contribution for this token is 0.1ETH. We can make this dream a reality by partnering with this project.
For more information about the ICO and token sale you can click the links below:
Сайт: https://fixyapp.io/
Whitepaper: https://fixyapp.io/Whitepaper.pdf
Telegram: https://t.me/fixynetwork
Twitter: https://twitter.com/fixy_app
Facebook: https://www.facebook.com/Fixyapp.io/
ANN: https://bitcointalk.org/index.php?topic=3084108.0
Author
Bitcointalk Username: Sany77
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1762851