MoxyOne is the blockchain-based debit card startup that enables investors to spend digital currencies with merchants. The startup is going on with the native SPEND token sale until April 15 giving an opportunity for interested traders to buy tokens at a 15 percent discount.
Presently, the future of money is considered to be in the digital currency, but the shift from fiat money to cryptocurrency is significant that there is a need of a buffer to smoothen the progress. MoxyOne system will work like the traditional financial system where our debit and credit cards are endorsed by millions of POS machines globally; permitting us to spend our funds in nearly any bank worldwide.
On the other hand, cryptocurrencies require some technical proficiency and the embracing is not yet there. MoxyOne was designed to whip out your card and enable you to spend your digital currencies with any accessible POS systems in the world.
MoxyOne infrastructure developed a crypto debit card enabling an easy and swift cryptocurrency spending. The company’s technology provides investors with the chance to spend their funds by using the MoxyOne wallet system which allows you to withdraw fiat-money from various ATMs around the globe or spend tokens with various merchants.
After you receive your card from MoxyOne, you can begin spending your digital currencies immediately. When making a purchase, your crypto is automatically converted into fiat-money and sent to the merchant’s bank; hence both client and the merchant don’t have to deal with any cryptocurrency.
One unique characteristic of MoxyOne is that ICOs can partner with different companies and issue customers with their branded debit cards. ICOs can ship the cards to their investors right away after the token sale to enable them to spend their cash instantly. The cards will be used in millions of outlets globally.
Apart from SPEND, the native token, MoxyOne cards have the alternative of holding a broad variety of tokens. There is a small charge in the form of SPEND each time you transact, making every token worthy due to the small supply of SPEND.
Users are the one to decide on the kind of token to spend when making a purchase. MoxyAI is the special technology applied by MoxyOne to take care of the market requirements. The system tracks the costs of all digital currencies in actual time and monitors which cryptos to spend after taking multiple issues into consideration.
For instance, if you hold ten various coins from which NEO attained the highest value today, MoxyOne picks it as the best digital currency to prevent customers from using coins that have decreased in price.
The company is also set to use Raiden Network for quicker transactions having partnered with Gladius for DDoS Protection. In the coming days, MoxyOne will operate towards Commit Network Integration for Cross-Blockchain Interoperability.
Besides, MoxyOne has partnered with Cobinhood, a cryptocurrency exchange where tokens can be traded once the ICO has ended. This suppresses price manipulation and provides liquidity, which has been usual with most ICOs in their early days.
On March 14, MoxyOne launched the official token sale for its SPEND token. The objective of the token sale is to boost the minimum of 4,000 ETH to prop up the development of this payment system which will empower customers to make purchases at brick and mortar stores via their cryptocurrency portfolio.
The project has set a limit distribution of 50 million tokens during this segment, and all finances received from the ICO will be utilized for the advancement of the MoxyOne Project. For the first weeks, investors can earn bonuses of up to 15%. MoxyOne ICO will keep on until April 15th.
MoxyOne - Unique Company Branded Debit Cards
MoxyOne Wallet Concept - User Experience (UX)
