Groundbreaking Invention To Combat Injustice: Traxion

Jul 29 2018

Groundbreaking Invention To Combat Injustice: Traxion

We all know that the world is always an injustice. Only a fraction of people control the majority of the world’s capital, their government neglects ten wealthiest people on the planet equivalent to half of the entire population of the earth in the term of economy, and weak, and so forth. Those issues are the result of the economic injustice that has been ravaged the world economy for many years, and thus we need to act fast to restore the prosperity to the people. But the world leaders out there are having so much disagreement concerning how to treat the people, and thus the solution is still so far away. There is no a tangible solution yet to counter this injustice, as the countries are moving on their own, uncoordinated to the global plan, whereas the issue of poverty is the issue of humanity, not just the specific country alone. Most of the poor people are located in some region of Asia, Africa, and some of Eastern Europe, and that almost comprises for about 70 % of the world’s global population. We have to admit it now, that the situation is not getting good, and we need to get out of this murky water as soon as we can.

The most hampering issue for the developing countries is access to the information and capital revenue. The capital is the amount of money that can be converted into several forms of business that can boost the prosperity of the people. Unfortunately, the capital now is being centered in Europe such as Germany, Benelux region, and the USA. As for the rest of the world, they need to search it elsewhere, whether to gain it via international aid, of debt. But the more we delve into the issue, the darker it gets since the problem is not just revolved in the lack of money that the country has, but the management of such funds, and the distribution of the wealth that has become the primary problem, and that is not a simple problem.

The third world countries or the countries that are developing have so many issues that are severely hampering the prosperity of the people, such as:

  1. Lack of transparency

He some degree of openness to ensure the integrity of the government, and to reduce the risk of corruption. Corruption spread due to the lack of surveillance from the system and the people, and therefore the people need to be involved in an attempt to observe the government’s work so that the government official will have little to no chance to corrupt the money. The governments, along with the nonprofit organization need to enhance and promote the transparency so that the governmental affairs can be seen publicly and the people can judge whether the conduct has been rightly or not.

  1. Lack of infrastructure

Infrastructure is also very important for the growth of the country since the country’s goods and all sorts of things that is vital for the development of the economy heavily dependent on the availability of the infrastructure such as bridges, roads, even internet connection. The later becomes increasingly important since the world of business nowadays is usually connected to the internet, and therefore having the internet connection for the growth of the companies is mandatory today. But unfortunately the developing countries are merely lacking in all of those sectors, where the internet is not entirely covers the whole nations, and the roads are not interconnected and thus further hamper the progress of development.

  1. Anti-bank attitude

This article does not mean to promote any particular bank, but rather the banking system as a whole. We do understand that not all kind of banks are right, which some of them are just concerns for the profit generation effort, but the anti-bank attitude that is plaguing the developing countries are not right either. This will lead to the difficulty In doing something which is mainly the transaction, as the people need to do it with physical cash, which is inefficient today. Banks will also protect your money better than your storage which can be destroyed in some manner such as the fire, earthquakes and so forth. The people need to trust the bank more, and the bank needs to respect the trust accordingly.

  1. Technological lag

The technology without a doubt is the catalyst for the progress. Nothing can move forward without a proper tech, and therefore the people need to gain their tech to get the business going. But unfortunately that is not a case since the third world countries are lagging behind in the term of technological adoption, and that is a severe blow to the businessman. The proper tech will allow the people to do more and to innovate more so that they can improve their condition and also their own business. With an appropriate tech, the transparency of the government can be attained too, and thus make the government affairs more effectively. The more active the government affairs, the better it is to make the people prosper and combat poverty.

Those issues need to be addressed properly, be it with the government agencies, or the third parties such as the private sectors. The work also needs to be coordinated towards the same goals, which are removing any economic barrier between the countries and thus eradicating poverty together. We then need something as a catalyst to ignite the spark which will be followed by the rest of the world.

For further information, you can refer to these web pages below.

https://traxion.tech/

https://bitcointalk.org/index.php?topic=3043553.0

 

Emerging Platform To Combat Injustice: Traxion

First of all, we don’t claim that traxion acts just like the panacea for the entire world’s illness. But this platform does provide the solution to several critical points that relate to the poverty issues that are now plaguing the majority of the people across the world. As you have guessed, traxion is a platform that employs the blockchain system. Blockchain itself is a series of connection between the users and the platform that is decentralized and user-friendly since it is oriented for the users. The blockchain system could be stated as the pinnacle of the technological advancement that the world has experienced in the last decades. The number of platforms that have employed the blockchain system is steadily increasing day by day.

But why blockchain platform? Of all the other thing that the government cannot provide to its citizen is the gamification of the system. Utilizing the traction will benefit the ecosystem and the user itself since it is work double-edged. This is why so many people will always revert to the blockchain system since they are the most rewarding and consistently giving them benefit and that is why people love this ecosystem. Several significant advantages can be obtained by utilizing the platform, such as.

  1. Faster transaction everywhere

The transaction, as we have already stated above, is the vein of every business. All kind of activity will rely on the speed of the operation to make the business grow stronger and faster. The market that has the high rate of a transaction is often referred to as the right companies, and therefore more small companies are employing the mechanism to speed up the operation so that they can attract more customer. The operation using the traxion platform is just a matter of hand swipe, and that is very convenient. Aside from the speed of the trade, the user will also be rewarded post-transaction in the form of cashback that surely will benefit the user. This will encourage the user to shop more using traxion, and your business can be highlighted more.

  1. Supporting the small business

The small business is the frontier of economic recovery. The birth and emergence of the small business mean that the people are full of optimism towards the national economy and thus creating more fields for jobs and another business counterpart. A small takoyaki stall, for example, is very beneficial for the local economy since it will encourage the oil merchants, squid supplier, flour distributor and so forth. The local economy will be significantly boosted as the growth of the small business start to goes up. This platform, through the speed of the transaction, will surely encourage the small business as it is more rewarding for them.

  1. Providing transparency and good governance

Not only will the small business owner that is going to be benefitted by the emergence of this platform but the government also gain their benefit. The government can help to increase the rate of transparency in their governance, and ensuring that all kind of funds that is obtained by the government can be distributed evenly no matter what. This will eradicate the chance of corruption and thus provide the prosperity of the people. As the government becomes healthier, the success of the people will inevitably rise up and therefore make the situation a lot better.

  1. Elevating social condition

This is can only be achieved when many other things have been completed. The country needs to provide some degree of transparency to the people so that they will have a low rate of corruption. All kind of funds that is aimed to alleviate the economic situation must be handed to the people in need, and the small business has started to grow up. Up to this point, the society will have changed significantly, and the prosperity of the people will begin to rise tremendously. This is long-term goals that need to be started as soon as possible. Traxion itself will also work with the government and any related parties to combat injustices and poverties and thus creating a better environment for the whole society in the future. this is indeed a grand task and will only be accomplished once many societies and communities has been integrated within the system.

More details about Traxion:

For further information concerning the purpose of the platform, you may refer to the web pages below.

https://traxion.tech/

https://traxion.tech/documents/Traxion%20Whitepaper.pdf

The Initial Coin Offering

Since this platform is a blockchain platform, therefore the platform does have the token or the cryptocurrency known as the traction token or TXN. The symbol now undergoes the ICO or the initial coin offering that is divided into three parts, which are the private sale, the, and the crowd sale. The private sale has been concluded with the cap around 10 million token and yields about 50% bonus.  This is the most significant bonus yielded throughout the token sale in the traxion, and therefore for those who want to have the more substantial token by spending less money, the private sale is a way to go. But unfortunately, the private sale has been concluded as the platform is moving to the second phase of sales.

The second phase of sales is now occurring, which is called by the pre-ICO. The pre-ICO or the pre-sale is the sale that yields the bonus ranging from the 50% to 10% which decline per week by 10%. If you want to gain a more significant benefit, therefore you can join the private sale in the first week. But the pre-ICO is already ongoing and now entering the last week, where the transaction is almost reaching the cap, which is around 40 million TXN.

The last stage of sale is the crowd sale, where a massive amount of token will be available for sale, which is around 200 million token. Unfortunately, the date of the sale is not yet released, but we do know that the crowd sale will automatically start after the pre-ICO ends, which is somewhere around August. The total token that is available for the sale is around 250 million token, and the unsold token will be reserved for future sale. If one person wants to join the sale, they need to spend at least 0,50 ETH or about 500 TXN, and the maximum token that can be purchased is around 1 million  TXN. The primary purpose of the token is to conduct the transaction within the platform and therefore enabling you to gain bonuses. The token can also be invested for a year, and then you can exchange it for the fiat currencies and gain the vestment bonuses.

Traxion Roadmap

For further information concerning the token sale, you can access the web pages below.

https://www.facebook.com/Traxion.tech/

http://t.me/TraxionICO

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

By • Blockchain Technology • 29 • Tags: , , , , , , , , , , , , , , , , ,

Smart Ads with Vidy Platform

Jul 27 2018

Smart Ads with Vidy Platform

Ads an excellent introduction for a particular product, and thus announcements are significant in the term of business. Since the revolution of digital marketing in the dawn of the information era, ads have emerged with so many forms, from the banner ads that highlighted in numerous webpage, the pop ads that will emerge in the specific area or button when the viewer click it, in youtube channel, in google adsesne and so forth. There are so many ads nowadays to the point where the content creator need it to raise their money income when they post something on youtube. Internet advertisement now has become a significant thing in our daily lives.

This is because an ad is involved In a vicious cycle that cannot be broken down. Here is the simulation. The content creator or the web publisher publish something and need income for their effort so that they can post more. And for the people to get the money that they need, then they are searching for the ads publisher, and then they get ads. And more and more content creator depends on the ads to get more money, even if there is already an independent crowd funding platform that does fund the youtube creator, but they need more.

And that is how the internet ads become a thing nowadays, and that is getting more and more invasive. Internet ads are now being hated with extreme prejudice by the internet user for several such as.

  1. Annoying

Internet ads are very annoying since they are massive in number and very tricky. It can impersonate the big button in such web pages such as the play and download button. They are also redirecting the user to a particular fraud webpage that has slow loading speed and thus consuming more data. The data that have been destroyed only by viewing the ads are very large, and therefore the people are getting more annoyed by the ads. This ridiculous ads business is getting more intense and aggressive, to the point, it is very invasive and making people more irritated by the presence of the ads. Today, the people will close the ads as soon as they open it.

  1. Click-baiting

Click-baiting is a thing nowadays. Clickbait is an overclaim or telling the partial part of the information so that the advertiser is not telling the whole truth concerning the ads and the product they are advertising. Click-baiting is the worst part of the advertisement and therefore is very much hated by the internet user. This is what makes the ad is no longer valid since people don’t want to see the ads anymore.

  1. Ads are abusive

It is a common practice that the advertisement agencies are using the tracking profile to track the person profile so that the agencies do know what kind of good that such person desired. That is an atrocity that has been conducted by the advertisement agencies since it is a breach of the personal privilege and privacy. That is have been confirmed since there are a mega social media companies that have been sued due to the selling of own database.

  1. Ads are irrelevant to our needs

Great ads are the ads that will be shown to a particular person that does need such right. Imagine a young girl that need the makeup appliances but keep seeing the game ads or the bathing appliances. Even if that young girl can easily find the ads that they want, or search for certain makeup appliances manually, it is better if the ads that have been shown is also showing some relevancy to the needs of the people. But that is just not happening, and more announcements are being generated, and fewer ads are relevant to our needs.

Among those problems, the main reason of the internet user that is hating the ads are, because the number of the ads on the internet is simply staggering, to the point that the effectivity of the internet advertisement is being questioned. It is useless no matter how many the ads are being generated per day if the internet user no longer wishes to see the ads, and they will close the ads immediately upon popping. The ads blocker are also already become a very famous app and feature on the internet, and it has been installed for about 600 million installations for 2017 alone.

For further information concerning the advertisement agencies and internet ads, you can visit the webpage below.

https://vidy.com/

https://fb.me/VidyCoin

Smart Advertising By The Newly Emerged Platform: Vidy

Advertisement world is a very complicated thing. You need to figure out the trend, the needs. The method of advertisement and so forth. Still, the advertisement is one of the main reason why people are buying the stuff in the first place, and that is what the advertisement is supposed to do. Advertisement needs to be shown to the exact person, for those who do needs their good to be precise, like the young girl who is searching for any makeup appliances. That is the main reason why the market research nowadays are tracking the people from their search history, their recent activity, their recent purchase and so forth.  But that is no longer required since the emergence of the excellent advertisement platform, the vidy platform.

Vidy simple is the bridge between the market and the companies, where it provides the companies with the data they need, but the internet user willingly sees their ads because they are being rewarded. The city platform also allows the companies to strike the precise target who do need their goods and their services, so that they will have the precise market, and not wasting billions of dollar just to spread the ads to the wrong person who will never purchase their goods. Here are what the platform does in the term of advertisement.

  1. Making ads more organised

And classified ads are a great app. You surely will not want to see a messy and blinking webpage filled with the sex and gambling ads don’t you? Therefore the ads need to be organised and standardised, just the way the commercial in the TVs are. This is a common and natural thing since the internet advertisement is actually a new thing and therefore are not complete and perfect. But the stakeholders, such as the companies and the advertisement agencies do need to take a drastic and rigid step to standardise the UI ads dashboard. Otherwise, the people will hate the ads even more.

  1. Cutting the loading page

Loading page will be very slow if a particular web page is infested with numerous amount of ads. The platform will cut the loading page and thus reducing the data usage so that the internet user will be able to conserve their data charge. The ads will also be played expertly so that the people will be able to see the ads faster and better, compared to the banner ads currently is. The banner ads also will have better quality, not just some random images and light in your webpage, making it more professional and eye-catching.

  1. Attracting the internet user through gamification

Gamification is a proper process where the user will be rewarded after doing some activities. That is the nature of the platform, where this platform will provide millions of viewer of their ads, and they will do that willingly since they are getting paid from that. That is a win-win solution since the ads do need views, and the people will see their ads, but getting paid by the platform. It will increase the awareness very effectively and thus raise the purchase of the goods potential exponentially.

  1. Striking the right market

Billions of dollar have been wasted by the money that has been used to advertise to the wrong person. that person will never purchase such goods, and therefore the advertiser need to avoid advertising to the wrong person since it will be a waste of resources. There has to be a way where the companies can advertise their products to the right market, such as advertising the makeup appliances to the girl who is searching for make-up appliances.  The platform will gather information that you have submitted in the first time you log in to the platform, and thus make each person that has joined the platform will see the different ads even if they are visiting the same page. The member of the platform will see the different ads due to their different desired goods.

  1. Reducing cost

Cost per advertisement is astronomical. In the tv commercial alone, billions of dollar have been spent on advertising a particular product, where the companies have no guarantee of success. Fortunately, the internet is nowadays already reducing the cost of the advertisement so that the companies can keep their money more. But still the cost is high, and thus need to break further down. One of the ways is to advertise Properly, and limiting the market space so that the advertisement can be more effective and the companies can reduce the cost of your goods. The platform is also working very simple since it is a blockchain system.  To enjoy the facility of the platform, all you have to do is to create an account and submit your personal information there. That personal information is very important since you can see the ads that you do want to see and avoid the ads that you don’t want to see. After creating the account, you can then integrate the platform to your browser so that you can see the desired ads while you are browsing.

For more information concerning the platform you can visit these web pages below:

https://vidy.com/whitepaper

https://bitcointalk.org/index.php?topic=4607821.0


The Token Sale And The Token Allocation

As with any other blockchain platform, this platform also employs the token as their currency, and vidicon calls the token. There are three stages of sales, which are the private sales, the pre-ICO and the Main sales.

  1. Private sale

The private sale is the sale that usually followed by the people who want to invest their money to gain the incentives after the vestment period elapses. Often, the private sales yield the highest bonus, so that is is decidedly perspective. The private sale is already finished. Which is occurred in the 1st may to 15th June, 15,000 ETH already raised! 

  1. The pre-sale

The pre-sale or the pre-ICO is the second highest bonus yields among all the sale. But to achieve such a sale you need to purchase some specific amount of token that is required by the platform. The pre ico will start about a month from now on and will yield a bonus of up to 33% of the total purchase (the pre sale will be started in 33 days, September 1st).  This is the best way to gain the bonus from token purchase.

  1. The main sale

The main sale is the sales that yield no bonus, and therefore the token will be a bit higher compared to the private sale and the pre-sale. The main sale is usually the biggest token sale, and usually, there will be billion of token that is going to be sold in the meantime. Unfortunately, the main sale is not yet published, but we do know that it will occur just after the pre-sale.

The soft cap for the total sale is about 15 thousand ETH, and the hard cap will be about 60 thousand ETH. And up until today, 1 ETH is about 500 dollars. The usage of the coin will be used mainly for conducting a transaction within the platform, but unfortunately, there is not an exact function for the token outside the platform, but you can always exchange the token for the fiat currencies such as dollars and any other currencies. You can also hold the currency of the coin so that you can get the better prices and better profit. The worth of the token will also rise since the demands of the token that is steadily rising.

For further information, you can access the webpage below

https://vidy.com/

https://www.t.me/vidycoin

By • Blockchain Technology • 92 • Tags: , , , , , , , , ,

A Dawn For The Crypto Transaction: Fuzex

Jul 25 2018

A Dawn For The Crypto Transaction: Fuzex

Cryptocurrency now is an evergrowing market with more and more platform come into play. That is a good thing since it will broaden the market and introduces the new way of paying and utility services that failed to delivered by the conventional and old-fashioned business style. Cryptocurrency also encourages the user to do more related to the platform, such as jogging, researching and etc in an event so called by the token mining. The token mining will allow the people to constantly dig out the trickle of the token in hope that the token will benefit them financially in near future. the people now are spending their time relentlessly to mine the token, such the bitcoin which use the graphics card and a series of the machine which will run for a month to gain even a single bitcoin. There are also several tokens which require you to do a series activity in order to mine their respective token.

After the token mine, what is the exact benefit for them? Surely they can use the token as the form of investment,  but that is actually not so practical since the value of each token is sometimes too low to be called investment worthy. There are also several merchants that accept one particular type of token, but unfortunately, that is just limited to several tokens and platform so not all the token are received in the global market. The use of the cryptocurrency now is facing a serious threat, which is the usability. The token unfortunately not so practical and therefore people calling it as the broken transaction mechanism since it is almost useless t have a massive amount of cryptocurrency in someone’s wallet since no merchant or vendor will accept them. You can exchange the token to a fiat currencies such as dollars, yen, euro and so forth, but the exchange mechanism is slow, tedious and no central banks are introduced so it is unclear for them to exchange the token.

But on the top of that, the cryptocurrency itself has all their need to fit the category to be a money. here are several crypto features that resemble the money perfectly.

  1. Scarcity

A money needs to be scarce and not so abundant. The scarcity of a money is needed to give them value and thus more valuable. We know the term of inflation or the reduced value of money and therefore the money becomes more and more worthless in the eye of an international economy. The perfect sample for this is the Zimbabwean dollars where they reach an absurd amount of money just to purchase a simple daily life. This is due to the excessive government printing out the money and thus reducing its value. When a cryptocurrency has been laid out, it will no longer produce the new token and thus make it extremely scarce for them.

  1. Durability

The money also needs to be durable, not easy to be broken down, burnt, or destroyed. The token of every platform comes in the digital token it means that the token is safely kept in each person’s wallet and will only be out should the transaction occurred. The system also protected by several layers of sophisticated cutting-edge protection so that it will be very secure and very protected. This is what makes the token more and more resembles the fiat currencies since the fiat currencies also come in the different form, be it physical and digital.

  1. Difficulty counterfeiting

Counterfeiting or faking the money has become a real issue in the fiat currencies. This is due to the conventional usage of the money-material which are paper. Any kind of paper, be it signed or using whatever protection is very prone to be counterfeited and therefore need an extra layer of protection. The token has not recognized yet the issue of the counterfeiting since as we already told above, that the system is protected and secured.  It is being protected by smart contract and the ledger to keep track of the transaction and so forth, making it very protected and thus very hard to counterfeit.

  1. Authenticity verification

The token also needs to be verified in order to know the difference between one token to the other. the token is many, as the other fiat currencies are. The token comes with so many forms and therefore the system needs to know the difference between one token to the other, and thus makes the system will differentiate each valuation. This also works in the system of federal banking which comes in the forms of fiat currencies exchange. The system knows to differentiate the fiat currencies and thus giving them the respective value.

But despite the features of the token, the token is still facing a serious issue which is the usability. No matter what kind of features of money that you have, the money will be worthless if the token can’t have the practicality and rendering them very hard to use in day to day life.

For further information concerning the token usage, you can access the website below.

https://fuzex.co/

https://bitcointalk.org/index.php?topic=2776789.0

https://fuzex.co/#WHITEPAPER

https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf

 

The Emergence Of FuzeX

But finally, the technology has given birth to a new and ever practical platform, which is called as fuzex. This will tackle down the most problematic issue of the token which is the usage of the token to be used in day to day life. The fuzex will bridge the platform’s token and the merchants or vendor that not yet implement the token as their form of currencies that are accepted in such vendors. The vendors will need to do a series of action in order to integrate the token currencies as a form of their transaction. This will open up a new market and thus make the platform growing since the demand of the token will be massive as a new form of currency.

The card has several features which are very essential and critical for the user to do the transaction, there are several features of them.

  1. Store multiple tokens

Tokens of the platform are numerous, and thus the cards need to be able to hold several tokens account at once. And fortunately, the token is able to store up to 30 accounts or forms of token so that you don’t have to worry about the token that you already have. That is surely very convenient since you can have all sort of transaction and actually use the token for day to purchase.

  1. smart card

The card is not your typical plastic card such as the ATM cards that come from many banks. What makes this token is very different with the rest of the plastic card is, that the card implements the smart card which is accompanied with a built-in button to show how many token types that you own, and how many of each token that you have. All of that token will be displayed in the e-paper in the bottom right.

  1. Connection fuzex wallet

A wallet for cryptocurrency is very important to store the token and therefore need to be connected to the fuzex cards so that the cards can recognize by how many token that you own and thus making the transaction possible by the cardholder. The connection is rather simple since it is supported by the simple Bluetooth connection thus you can transfer the whole token data that exist in the wallet to your fuzex cards instantaneously.

  1. Rechargeable batteries

The token also have batteries to power up the display so that you can see the number of the token that you own. the batteries are rechargeable and can live up to several weeks even months. The batteries also not so thick therefore you will own a sleek and elegance type of cards that is very easy to hold and portable.

FuzeX Card Demo @ Mcdonalds

For further information concerning the platform and the fuzex cards, you can access one of the following websites.

https://twitter.com/fuzex_co

https://fuzex.co/

 

How To Use And Token Sale

The usage of fuzzex is actually rather simple and once you have integrated the certain vendor to the ecosystem of fuzzex, therefore you don’t have to repeat the system once again since you can just swipe the card and you can make a valid transaction almost instantaneously. These are the simple usage procedures of the token step by step.

  1. Download the fuzzex wallet

As we already stated before, the wallet is very important tools to transfer the cryptocurrency to your smart card. The application is very easy to download and is available in all kind of platform, be it android or apple. After the user downloads the apps, the user needs to follow several processes to verify the accounts and also counts the number of the token that they own. it is a very easy and simple step to follow.

  1. Do the transaction

In a case where you have chosen a certain vendor that has been integrated with the platform, then you can simply visit the merchant and do the transaction. It is a very easy step by step process where you need to hand over the smart card has that has already have the certain token number. Then the merchant will swipe the card in the swiping machine, and then the token will be reduced respectively to the amount of money that is required to be paid. After the transaction has been concluded, the user will receive the paper receipt and the notification in his/her wallet.

FuzeX Card & Fuze X Wallet Sending Crypto Demo

 

The Sale Of Token

As any of the other platform, they do issue the token for the use of the platform itself.  The platform issue the fuzzex token which is mainly used for two purposes. First is, the expansion of the transaction limit, as the transaction is limited by the system, by upgrading the system using the fuzzex token, you can increase the transaction limit so you can spend more token for the transaction. The second thing is the to lower the annual membership fee, which needs to be paid by all of the users on the platform. The membership fee is required to maintain the servers as well as protecting the integrity of the servers itself. The member that upgrade their account can pay for a lower price and thus increase overall profit.

And as for the sale, as usual, there are three kinds the sale on this platform. They are:

  1. Private sale

The private sale is the unofficial sale which is aimed at the merchant or the vendor owner who want to be integrated into the system. The private sale has reached the cap which is about 20 thousand ETH swiftly. And just like any other platform, the private sale usually holds the biggest amount of bonuses, and therefore it will have the biggest profit for every user.

  1. Pre-sale

The pre-sale is the sale that occurred from January 15th to February 15th, 2018. The period of the sale will occur for a whole one month, and the cap 20 thousand ETH is already raised swiftly. the sale is so popular to the point the public sale is canceled due to the hard cap has already reached in the private and pre-sale. It seems that the token is so popular due to the usage and the flexibility of the smart card itself.

The worth of the token is, as one ETH is worth 12 thousand FXT or fuzzex token, and the minimum purchase to join the system and gain the smart card is about 5 ETH and therefore you need to spend those amount of money to get the smart card once you already gained the smart card, you can start to download the app and use that to the vendor and then you can do the transaction using the token. but however be advised that there is a limitation of the transaction using the FXT and the smart card, but it can be raised if you upgrade your account using the FXT.

3. Public Sale

The FuzeX team reached 40,000 ETH hardcap for private & presale of early this year,  so it did not do any public sales.

For further information concerning the token sale, you can access the website below.

https://fuzex.co/

https://www.facebook.com/FuzeX.co/

https://t.me/FuzeX

By • Blockchain Technology • 32 • Tags: , , , , , , , , , , , , , , ,

Overcoming the Impending Financial Issue through Traxion

Jul 24 2018

Overcoming the Impending Financial Issue through Traxion

The world is now set in a rapid motion, where the flow of information is almost instantaneously in almost every place. You can see the growth of the business nearly every day, and thanks to the blockchain, we can see the rapid growth of the crypto-based platform every day across the globe. Many of the business is also have disrupted the primary form of the conventional market and overtaking the business mainstream, so the result is the massive growth of the decentralized kind of business which is far from any traditional business which tends to be more centralized. The business growth nowadays the global economic optimism that is very delightful to see and feel in some place of the earth. But unfortunately, the reality kicks in, and it kicks hard. The global economic growth, as well as the significant innovation only felt in a quarter of the world, which are centered in the USA and Western Europe, and some in Far East Asia. But as for the rest of it, the African, the south-east Asian, and the rest of the world still stagnates and experience little to no impact of such turbulence.

The main reason for this occurrence is the economic gap between the Asian and the western countries. The difference is so full to the point where almost all sorts of capital that circulates in the world are centered in just both regions. The Asian and the rest of the world still struggling very hard to stabilize their countries and enhancing the structural basis for further economic improvement. But the lag is too far, so we don’t know when the Asian and the African nations are going to catch up the western countries. This phenomenon cannot be left standing, as the world leaders and the experts are formulating the solution for the rest of the world concerning their problems.  But several issues are tough to tackle down, and those are several reasons why they are lagging behind the western countries.

  1. Corruption

When we talk about crime like the one that hampers progress, we don’t mean that many western nations are immune to the fraud. But the fact is, the corruption in the Asian and African government are way higher than the west of states and making their government are unable to tackle the most basic issue, which is the poverty. The poverty that is faced with many Asian nations is mostly systematic poverty which is the human-made poverty that is caused by the inability of the government to react or simply put, the ignorance of their people condition. There are a lot of negative consequences when a country is infested with corruption, which is the economic recovery will be tough due to the crime that taking the government’s money, and the construction that will never end due to the polemic of the project that is infested with crime.

  1. Trust issues

Many developing countries are also having some degree of the trust issues against the government and the banking system. They perceive the banking system is a coherent evil and thus is not to be trusted. This makes few people are employing the services of the banks and thus making the transaction way harder. The transaction that can be conducted via bank is the simple and fastest form of an operation using digital credits rather a physical one. This makes the business are far from the bank services and thus making the industry harder to be approached. The bank also will provide several degrees of security to store the money, since it will be way safer than saving your millions of money in the bedsheet, or under the pillow. The most logical place to store the huge amount of money is the bank, and therefore more people should enter the service coverage of the bank.

  1. Technological gap

One says that the technology is the key to the prosperity, and that is entirely true. Many western countries have been so successful in developing their countries because the master the proper technology to do it. Here in Asia, the technology adoption is way behind the western countries and therefore they are still maintaining their nations with the traditional way which are proved to be inefficient and ineffective. The adoption of technology is mandatory to make people’s life, and as well as the government and business affairs were easier. The adoption of technology in Asian nations is gradually increasing but at a languid pace.  The penetration of technology is also required to open up a new market and thus creating a new business, just like the crypto-based platform is already doing it for years.

  1. Education

This is one of the most crucial issues in the developing countries, that is the root of the lag in technological adoption in so many Asian and African countries. The qualities of the education in the south-east Asian nations are quite lacking, where the infrastructure of the educational system in staggering conditions. In Indonesia alone, thousands of students are left without a proper teacher, making them improperly educated.  The lack of educational system will make the countries lagging in almost every sector, such as the technology, economy, and so forth. Many citizens of it state will be encouraged to become a worker, rather than a businessman, which is not a good sign of an economic recovery.

Those issues are ravaging the countries in Asian and African regions, and thus creating a considerable prosperity gap between the western states with the rest of the world. As long as those issues stand out, poverty will still become a significant issue for the rest of the world. A solution is a need, to ignite the small economic movement, and to elevate the situation of the poor. It also needs to be transparent and open so that all people can enjoy the benefit of them.

To know more about the financial situation in many countries, you may refer to those web pages below.

https://traxion.tech/

https://bitcointalk.org/index.php?topic=3043553.0

https://traxion.tech/documents/Traxion%20Whitepaper.pdf


Countering Financial Issues With Traxion

Fortunately, the situation is not as dire as we all imagine. More and more platform is growing to solve the financial issues by creating more business field that can be used to alleviate the poverty in some areas. The advancement of technology also allows many forms of business and job field to pop up and employing thousands of people monthly. The progress is tangible, and we can see it clearly in our own eyes, but that is still not tackling the five issues that we have already mentioned above. The financial problem that is faced with the world requires hand in hand cooperation between the government and the private sector to cope up, and thus ending the economic issue, and that is where the role of the Traxion platforms kicks in.

Traxion is a blockchain platform that is unique and different from the rest of the platform for several reasons. The platform, unlike with the other form of the platform is disrupting the whole financial situation. The current trend of the blockchain platform is just obstructing one particular business field such as the photography, the publisher and so forth. But that is not the solution that we seek since those solutions are too specific to be practical in the whole of the financial situation that is already broken and ravaged by corruption. The one thing that is disrupted by the traxion platform is the way of the transaction between the stakeholders, and this is very important since we can say that transaction is the vein of the business and economy, the easier it gets, the better of economic situation will be.

The platform will counter several issues, they are:

  1. Bridging the whole market

The traxion is not searching for market domination, but they want to bridge the economic activity between the stakeholders and thus making the economy much better and stable. Nowadays there are a lot of currencies that circulate in the world economy, and they are the cryptocurrency that is developed by the platform, and the fiat currencies that is the standard currencies just like dollars and euro. Those currencies need to be bridged so that they can be used in all forms of the transaction to make it easier for the customer to approach the market, no matter what currency they have.  The solution also needs some broad coverage so that many merchants can apply this mechanism, and the platform becomes very practical for the people.

  1. Bring transparency to the government

This platform also brings a daring quest which Is to provide the government some degree of transparency so that any the money that the government obtained be it the international aid, debt or whatsoever can be tracked and detected by the platform used. The transparency is one of the crucial issues as it is the reasons for the corruption that still lingers in the third world country. The slide will provide the deterrence effect to the corruptor so that they will not be corrupting the government’s money again. That is a very far step in destroying the corruption cycle in one country. The platform will display the current wealth of the government that is going to be distributed among the people, and thus the amount of the received money must be an exact number of the money that is displayed.

  1. Encouraging the small business to develop

The development of small business is a good sign for the lower economy since they are the sign of the economic recoveries that is shown among the people. Those small businesses need to be ignited since they are the small business with small capital and in no capacity competing the big companies. The platform will provide the market and the means of the transaction for them so that the customer can access your goods safer, faster and better the market will also very wide since the platform will receive any money, be it the fiat currencies and the cryptocurrencies. In fact, the platform will encompass a massive amount of the small business so that they will be integrated into one ecosystem, which is the traxion ecosystem.

  1. Alleviating economic situation

This is more like a long-term plan and goals. Once the process of the transaction has been speeding up, more and more people are growing their own business, the people gaining more money using the platform. Therefore the economic situation can be elevated, and more people will have their prosperity increased. This goal will become feasible after the usage of the platform has encompassed so many merchants and attract more users.

For more information concerning the platform, you can access the webpage below.

https://traxion.tech/

https://traxion.tech/documents/Traxion%20Whitepaper.pdf

The Token Sale And ICO

Just like any other crypto platform that has their token,  so that this platform is. The platform has their token named by the traction token or TXN and now is currently on sale. There is three type of sales that is occurred in the platform, which are the private sale, the pre-sale, and the crowd sale. The private sale has the cap around 10 million tokens and contains the bonus up to 50% of the token sale. The private sale is already over, and now the platform is moving to the pre-sale.

The pre-sale has the cap around 40 million tokens and will have the bonus starting from 40% to 10%, which declines by about 10% each week.  Currently, the token sale almost reaches the cap, and the companies are preparing to meet the crowd sale, in the early of August 2018. The crowd sale yields the most significant amount of token that will be sold, which are about 200 million tokens and have no bonus. The period of the deal will take place about six weeks, and will be automatically concluded once the cap has already reached.

The token usage will be to do some transaction inside the platform, and also crucial for the user to get the reward too.  The user can also vest the token so that they can gain the better price for each of their token in the future. the token also can be exchanged in any fiat currencies such as dollars and euro in any places.

For the token usage and token sale, you may refer to the webpage below.

https://www.facebook.com/Traxion.tech/

http://t.me/TraxionICO

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741

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