Aug 3 2018
Making Crypto Token More Practical Day To Day
The technology has brought us so many advancements in the term of economy, and it has already opened up countless windows, and one of them is the form of currency. Up to now, we recognized numerous forms of fiat currencies such as dollars, euro and etc. but since the dawn of the cryptocurrency, we know and increasingly familiar with the token of the cryptocurrency. One of the most used and discussed tokens is the bitcoin and ethereum since they are one of the leading tokens that had ever emerged and shape the world of cryptocurrency. Now, there are a lot of platforms that have their own token, and each token has their own value so that their transaction is a bit complex thus hindering the further growth of the cryptocurrency.
The emergence of numerous platform in the terms of cryptocurrency is very healthy for the economy since they are disrupting the conventional and old style of business and thus making it an obsolete and replaced with a newer and fresher crypto platform. Many kinds of business have their own way of disrupting the old and conventional form of business, and thus creating more and more diverse forms of business. But as we can see today, the growth of the crypto-based business is coming to a halt since they are facing a serious issue, which is the practicability of the token. there are many forms of token that are issued by the platforms, but unfortunately, almost none of them are able to be used outside the system of the platform, meaning that the currency is failed to fulfill their very essence, which is to become a tool of exchange.
So the question may arise, is the token are worth to become a new form of money since they have no practical use? The answer might be tricky since the token is already fulfilled the other condition to be called as a money. here are several features that are already owned by the token that is similar to the fiat currencies.
- Portability
A money needs to be portable, and therefore it can be brought everywhere and can be exchanged anytime. A token has already fulfilled that condition too since it is located in the wallet that is connected to the ethereal ecosystem. Even the token is not coming in the physical forms such the fiat currencies, but rather digital currencies which are even easier to carry. There is a wallet to store the token that is owned by every person that is integrated with the ecosystem of a particular token platform, and that too is portable and easy to carry.
- Durable
A money can’t be destroyed so easily since it is a very important thing a man can have, and therefore the money needs to be made by a durable material such special paper, silver and so forth. The cryptocurrency is also very durable since they are not coming in physical forms, but rather digital forms. The security of the platform is also sophisticated and almost impossible to be a breach, making it very secure. the smart contract and the ledger are also used to track any kind of token transaction all across the globe so that the system knows how many tokens that is owned by a particular man and so forth.
- Has value
One of the most important features a money must have is the value, otherwise, it is just a useless piece of paper. The token also has their own value and unlike the fiat currencies, they are practically immune to inflation. Inflation happens due to several factors, and one of them is the excessive money printing that a nation does. The token is simply different with the other forms of money since it will not print out or be made again once the token generation event is concluded. Any excessive or un-purchased token will be destroyed automatically by the system.
- Difficult to counterfeit
Counterfeiting or faking the money is a very serious threat to the monetary system since it will damage the whole monetary infrastructure in the long term. There are many countries which are vowed to end the counterfeiting by establishing special ops across the country and the world. But that is simply not the case for the cryptocurrency. As we already see that the system and the protection that protects the servers and the wallet are heavy and making it impossible to counterfeit the token as a whole. It is safe to say that the digital money such as the token is the safest form of currencies ever made by a human.
But no matter how great a token is, it will be a worthless data if such coin is unable to be used in every day to day transaction. Therefore the world of cryptocurrency since stagnates due to the lack of use by the people outside the system. At least that is the case before the emergence of fuzex.
For further information, you can access the website below.
https://bitcointalk.org/index.php?topic=2776789.0
Fuzex And The Solution For Every Cryptocurrency
The impending issue of the token is the usability, and every platform is desperate tries to solve that issue but unfortunately, that issue still lingers around us. But there is one emerging platform that will ultimately solve the issue, which is called fuzex. Fuzex is a platform that tries to bridge the platform which issues a token, and the vendor or the merchant that is usually visited by the people. What this platform aim is to make the vendors and the merchant accept the token and therefore the token can be used outside the system too, not just in the form of investment. The fuzex is issuing the smart card which can be used as the token center so that the token of yours can be tracked and stored safely and thus used for every day’s transaction.
There are several main features that are offered by the platform, they are:
- Storing multiple token forms
As we already know there are so many types of token that are circulating in the world of cryptocurrency, such as the bitcoin, ethereal, and so forth. Those token has their own value and therefore can be used as the forms of transaction. The smart card or the card that will be handed once you’ve been integrated to the system will be able to store up to 30 forms of the token and therefore it is very convenient if you have so many tokens in various platforms.
- Easy to use
The easier a platform, the more practical it will be. The procedures of using this platform are so easy and simple and making it very practical for every people to use it. There are several apps that will help you to navigate in the platform, which is the mobile wallet app that can be downloaded conveniently in every mobile platform be it apple or android. Through that app, you can see the number of tokens that can be used by the user and the worth of each token to the fiat currencies which is dollars.
- Long last battery
The smart card will utilize the battery since they have a small led screen to project the chosen token and how much the token is. The battery is very slim and therefore very simple and easy to be stored safely inside the wallet. The batter also will last around 45 to 60 days so that once you have fully charged the battery, you don’t have to recharge it in a very long time. It is very important to watch your batteries though as if it exhausted, the screen won’t appear and you can’t use the smart card to perform any transaction anymore.
- Bluetooth connection
The fuzex cards or the smart card need to be synchronized with the wallet so that the card will know and remember what kind of token that you have, and how many of them are in your wallet. The wallet and the card will have their own connection which is the Bluetooth connection to synchronize one after another almost instantaneously. It is very easy to do either since all you have to do is just turn on your Bluetooth and connect it to your smart card. The smart card will synchronize almost instantly and ready to be used afterward.
- Device tracking feature
It is very common that someone lost their ATM card or credit card which can be very annoying. Fortunately, the devices support the device tracking to the card so that you can see the card when you last time use it. The tracking device is also followed up by the interactive map so that it will be easier for the people to track their card. However, it is impossible to use the card when they don’t have the fuzex wallet since the card and fuzex wallet need to be verified both ways in order for the card to be working.
For further information concerning the card features, you can check the link bellows.
https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
The Token Generation Event
Just like another platform that issued their own token, this platform also issues the token of their own which is called by the fuzex token or FXT. The main usage of the token is to upgrade your account so that it reaches the full potential of a card. There is a major limitation if you have fully upgrade your account, such as the limitation to performs a transaction, and you have to pay higher for membership fee per month. The membership fee is aimed for the maintenance of the servers to protect the data and secure the token for each of the members, just like the bank withdrawal occurred monthly.
The token sale is also very typical since the platform has the three types of typically used token sale, which are the private sale, the pre-sale, and the main sale. The private sale has reached the soft cap around 20 thousand ETH very swiftly. after reaching the soft cap for in the private sale, the pre-sale is conducted on January 15th to February 15th or a month full period. the hard cap for the pre-sale is 20 thousand ETH and in fact, that is the cap for the wholesale. The public sale is due to the goals already reached in the pre-sale and therefore the public sale is no longer necessary.
As for the worth of the token, one ETH token is worth around 12 thousand FXT, and in order to purchase the smart card, one needs to purchase the FXT equivalent to 5 ETH. That is one of the main features in the fuzzex, therefore, they need to make a purchase for a minimal 5 ETH. But considering that the token is already sold out even the public sale has not started yet, the popularity of this platform is skyrocketing and cannot be underestimated. This is perhaps due to their unique usage and their smart card to ease the transaction of the card holder.
As for the token allocation, here is the information concerning the token allocation.
- Token sale 60%
- Advisors and partnership 5%
- Bounty and donation 5%
- Technology acquisition 15%
- Founder and employes 15%
The main allocation besides the sale is the technology acquisition since the platform heavily relies on the technological advancement to ease and simplify even more to make the platform even more widespread to many merchants and vendors. As the team foresees, the usage of the platform will heavily rely on the coverage of the merchants and the vendors so that more vendors are required to be integrated to the platforms and therefore making the cryptocurrency are able to be used in any forms of transaction. The cryptocurrency is indeed a very bright idea and therefore the usage of the token need to be spread out so that more and more merchants using it and gives a good alternative for the world economy.
For further information concerning the token sale, you can reach one of the sites below.
https://www.facebook.com/FuzeX.co/
Aug 18 2018
Maximizing Data Exchange Process With Loyakk.io
The world of blockchain today has developed so rapidly in the term of tech and the variety of the business platform based on blockchain itself. It has created a massive opportunity by introducing more and more business field which previously unable to conducted without the proper tech. The blockchain has come up with a very numerous kind of business, from the simple health guide business, anti-ads and malware plugins, to the complicated leasing and mortgage business. The dawn of blockchain is upon us, as the world will witness more and more platform in the name of blockchain emerges and disrupting the whole world economy and their currency. The blockchain nowadays is still struggling to achieve the market stability and people trust as they want to expand more to the countries which still bans the blockchain activity within her border.
As the blockchain continually bombards the old economic and business platform, the world is now turning their eyes to the blockchain based platform, as they are more prominent, resilient, and more straightforward. The blockchain has interrupted several common business platforms such as the gettyimages which are disrupted by wemark, the national publisher as they are being disturbed by one blockchain platform and so on. Those platforms are obstructing the business since they feel it unfair, complicated and less customer friendly, so they feel an urge to interrupt it. That is the main reason why several countries are still banning the blockchain for fear they will tear apart the country economies and ruin the existing business platform.
There are several reasons why the blockchain platform are prevalent in the society nowadays, as the people attempt to create more and more platform due to the bitcoin hype. Here are several reasons for them.
As one of the core value of the platform, decentralisation is one thing that the platform developer proud of. Unlike any other conventional business that is very centralised in the term of user and company relations, activities and so on, the platform is very decentralised as they are flexible in determining the relationships between the user and the platform. The user also can experience the different thing between one after another and thus creating a very genuine experience between the user. That is the most cherished thing by the user and the platform when it comes to the blockchain platform.
The currency is one of the most important things when it comes to the platform, as they provide so many tokens for their coins. People do love alternatives, especially in the world where they are given no other options for their currencies. The symbol is an item which given value by the company so that it is valuable enough to be used in the transaction within the system and the platform itself. There is also one impulse for the token value, which is the bitcoin as this token has the highest amount of value compared with the entire token alone. People then realises that the token is an excellent way to invest their money and therefore they are racing to purchase those tokens for whatever the platform which issued it.
Every so often, every kind of platform that we see in the market possesses a unique meaning which is to bridge the user demands and the company, or a particular service that they want. The platform which serves this correctly is the platform that surely is loved by the people, and thus more and more platform is following the example of such a platform. This is unique since such services and company is nowhere to be seen before the rise of the blockchain platform and thus creating a whole new environment for the people to see and experience. Nowadays, there are hundreds of platform which already exist in the world, and every each one of them is giving a different kind of services in their way and creating an excellent experience for the user.
Those unique traits are to be found in every platform that you can see in the blockchain realm. And there is one particular platform which is now on the rise, called by loyakk.io. This platform runs on the needs of the data exchange and data transfer between a company which are previously very inefficient and cost too much money, and very prone to be stolen by hackers or corporate espionage activities. This platform raises the concern of every businessperson that they need a specific and rigid way to transfer the data of their own company to the other parties such as the auditor, customer, business relation and any other 3rd party business contacts. This platform will have a new way in the chaotic and dangerous data exchange process so that every business can thrive and send their data safely, accurately, and with the highest speed possible.
The issue of the business is the inefficiency in any sectors, and one of them is the data exchange. Currently, the data exchange possess a very high price with a very slow speed and thus hampering the business growth. The interpretation of data sometimes becomes a problem since the data which are transferred is sometimes a very complicated data involving so many 3rd party business contacts, and with so little time and facility to interpret. This creates a chaotic world where the data exchange is very hampered, and the business flow of information is disturbed by the existing conditions. As a businessman, this situation needs to be solved as fast as we can, to create the most friendly environment for the business to thrive. And fortunately, the loyal platform will do just that for us all.
For further information for the business overview, you may refer to these web pages.
https://bitcointalk.org/index.php?topic=2838562.0
https://loyakk.io/
The Feature Of The Loyal Platform
As so happened, the loyal platform will provide the solution we need for the business correspondence and data transfer. There are several primary concern for this platform, such as the security and integrity. That is a widespread and understandable concern as the corporations have been dealing with IP thievery and data being stolen regularly. It is known that every platform employs the smart contacts and smart ledger to record all form of transaction and to protect the privacy and the security of the data. The blockchain system, which is decentralised also will make the user almost anonymous as the server or the platform will not be able to access several features belong to the user such as the wallet, the private data and so forth. It means that any data that has been transferred by the system will not be able to be tracked by the platform and thus creates a perfect environment for the business correspondence.
Another issue will be the cost per transfer. Usually, the cost of one data transfer will be enormous as the company need to repeatedly send their data to several parties such as the subsidiary bodies, customer, auditor, insurance company, sales and so on. Those data transfer are very costly since it is inefficient and moreover very prone to attack. This leads to the endless cycle of data thievery as the company need to send the data again. This can be prevented by linking the corresponding business partner with the loyal as it will create a closed and private channel to exchange the data.
In summary, there are several features of the loyal platform for the business.
To put it, dependable architecture is the body of the platform that will explain how the platform works and how well the platform will work. For a start, the platform will spread their platform nodes to the business that has been integrated within the platform environment, and thus the nodes will become the server of the data transfer that is about to be conducted by the business. Each node is not interconnected to the server, but it is interconnected with any 3rd parties contact, which means that the platform will never know the messages or the data which are being transferred.
There are several conditions where the business needs to hold a vote to validate and verify the data and the decision of the company. Without this feature, the companies will be robust to communicate effectively with one and another and thus creating a chaotic environment for the business. This also will prevent the data which will mislead the entire body and therefore the voting should be required. The nodes will be able to conduct the ballot, and as the majority has voted, the data will be interpreted according to the majority to prevent the misinformation from any data.
This is an essential feature as this is the very core of the platform. The administration for the platform will select which kind of data to be transferred, to whom it will be, and what kind of data it will be, whether it is the private data or the public data. The administrator also will select what kind of nodes that will receive such data, and what nodes aren’t. This will create a very efficient and effective data transfer sequences as it will enhance the user and the company efficiency in exchanging data with their business partner. Moreover, this feature will make the data will be transferred simultaneously so that the company won’t have to repeat the messages all over again.
This is a feature that will enable the company to standardise their messages and data so that they don’t have to recreate the entire notes over and over. This standardisation will simplify the data exchange process and the data transfer so that it will further increase the company efficiency and speed. The templates, however, are optional as you can always have a very complicated message that Is not provided by the models. In that case, you might want to save models of such signals and use it when you need to recreate the data transfer again and store it in the platform.
If you want to know more about the feature of the platform, you may access the webpages below.
https://loyakk.io/#whitepaper
https://loyakk.io/
https://www.facebook.com/loyakk
The Token Usage and The Token Sale
The tokenisation on the platform is very typical, as it is the main currency of the platform. To use the services of every blockchain platform, you need to purchase the token the token is named by the loyal token and will be sold in a period. The sale generally will be run in from June 15th to August 31st. Unlike any other kind of sale, this platform doesn’t have any differentiation, which means it will only have one sale which is the crowd sale. The hard cape or the amount of money which becomes the highest target for the platform is around 28 million dollars, and there will be about 60 million total tokens which are being sold for about 177 million tokens that are issued by the platform.
As for the bonus, it will be started at 35% and will end at 7%, in late August. Currently, the offer for the bonus is around 10% as the sale is entering the last week of the sale period. To join a sale, you need to purchase at least 200 loyal tokens, and the money that is received by the platform is only in BTC or ETH. It means you need to purchase these tokens by using your fiat currencies and then purchase the token afterwards.
The use of the token is straightforward, which is to send the messages and data exchange. Each time a company want to send a message, they need to include a certain amount of token as a fee for the company. And the token is also can be used to access several features such as the additional protection, more speed and so on. Using the token will surely enhance your experience in the platform as it will boost the company efficiency.
THE LOYAKK VEGA ROADMAP
For further information regarding the token usage and sales, you may visit the web pages here.
https://loyakk.io/
https://t.me/loyakk
Posted by kurniawan05
https://bitcointalk.org/index.php?action=profile;u=1187741
By admin • Blockchain Technology 13 • Tags: businessman, efficiency, exchange, health, information, market, models, smart, time, token