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Whole Macroeconomics Coverage With Ingotcoin

Whole Macroeconomics Coverage With Ingotcoin

The world of macroeconomics is always been a mess, as the transaction, brokerage, banking institution, to even the global monetary situation is always been shifting from one polar to another. The disruption in the world technology has brought a massive impact to the whole monetary transaction, and thus creating so many windows of possibilities that are very beneficial to the world today. The world has witnessed so many changes in the form of monetary transaction, be it the traditional and conventional methods of exchange, to the moneyless and paperless form of currency that has been ravaging the world of the economy today. Even there are so many forms of newer currencies, which are called the cryptocurrency that has brought so many changes in the monetary and economic realm. Those changes have been proved to be double-edged swords, which if are left unattended, they will bring chaos and disorder to the world.

The cryptocurrency that has been brought by the platform has proved to have changed the way of life significantly. The blockchain platform which mostly comes in the form of the disruptive oriented business platform has emerged and offered a  new way of business and transaction for the people of the world. The transparency and the decentralized platform that has become the very nature of the world of blockchain has proved to be very effective and time-wise as they can be conducted and operated everywhere across the globe. There are so many business forms that have been birth by the world of the blockchain, from the simplest health care system to the housing mortgage platform.

But nevertheless, the world of cryptocurrency is far from over, and thus need to be improved. There are several issues that can be found in the world of cryptocurrency, which are:

  1. Lack of trust

This is very normal since the world of cryptocurrencies, or the token is very new and therefore making it very hard to be trusted. The value of one particular token is also very definitive to the community, making it very fragile in the broader scope of the economy. The society is also having a hard time to put the trust in the world of cryptocurrency since they are very fragile, diverse and doesn’t have a single bank to maintain the value of those tokens that have been circulated in the world today. And due to this lack of trust, therefore the people will find it very hard for the cryptocurrency to be used in a real and serious economic transaction. This situation needs to be changed otherwise the token will never earn their places in the world economy today.

  1. Impractical

The worst enemy of the token is the impracticability of the token usage. The token usage mostly used as the main transaction that occurred within the platform itself. Several transactions that are occurred within the platform could become in the form of paying for access, upgrading account, paying for services and so forth. The usage of the token outside the platform is barely visible, though several parties have tried to solve the issue by adding the third party merchants, or the mechanism to use the token for daily usage. But still the token nowadays are mostly used for investment and therefore the practical usage of the token is lacking and people tend to sell the token to gain the fiat currencies.

  1. Lack of inter-platform connection

The platform of blockchain is almost limitless, as there will be always more and more platform emerges on the internet and start offering their own token. those phenomena are very good for the growth of the economy, but the lack of connection between the platform will make them more and more separated and thus could potentially bring chaos if left unattended. The platform needs to be integrated, although without sacrificing the brilliant idea of the decentralized mechanism. The integration, in this case, is the coordination to form a better solution for the transaction and the token usage so that the user, which are the people of the world will start to gain the practical benefit and making the cryptocurrency gain the trust of the people.

  1. Market barrier

This issue is actually related to the lack of trust that has been plagued the cryptocurrency world from the beginning of the blockchain spread on the internet. There are several countries which are open handedly accept the existence of the cryptocurrency, but there are also many countries which banned the usage of cryptocurrency and making them completely isolated from the usage of the token as a whole. This is because the country such as middle eastern countries, China, and the even USA are very difficult to trust the cryptocurrency, as they are bringing so many disruptions to the whole economy and making instability for the country. In order for the token to be widely spread across the world, the platform needs to gain the trust of those countries and this removing the market barriers.

Cryptocurrency is without a doubt a very new world with a very new mechanism and methods of transaction. Surely the people will need to learn and adapt for the further usage of the token. but the world of cryptocurrency is also needed to be improved for an extended usage for the people, and to make the world trust the token and the blockchain more.

For further information concerning the overview of the blockchain platform, you can visit the web pages below.

https://www.ingotcoin.io/

https://bitcointalk.org/index.php?topic=3581009

 

 

The Solution For The Current Crypto Market: Ingotcoin

As we have seen so many issues that have been ravaged the world of cryptocurrency, the system needs the solution to solve all the remaining issues in order for the cryptocurrency world to be accepted widely. As so happens, the solution comes in the form of another blockchain platform which attempts to make them a bridge between all kind of token that has been circulated currently, and also integrating the token with a legitimate banking institution so that the token can gain more value and sense of security. The token, which is the primary thing for the blockchain need to be protected from the value degradation otherwise the entire system will start to collapse one after another. The integration of this platform with the banking institution will further strengthen the token foothold in the world of the macroeconomic.

The second issue that needs to be solved immediately is the scope of a transaction. As we have mentioned in the issues above, the usage of the token need to encompass a very large portion of the transaction to gain the status of practicability. The token need to be able to be used for any kind of transaction so that it can be used widely and by all kind of people. The token nowadays are very limited in scope and thus making the usage of the token very weak and impractical. This can be resolved by the increase of the scope of the token usage, and mass integration with the tradition and conventional market so that the token can be used for day to day transaction.

As so happens, the platform has created several solutions for the issues that have been mentioned above. Here are the solution offered with the ingotcoin platform for the world of cryptocurrency.

  1. Token wallet

The token wallet is the places for the platform to store their token for further usage or simply just for storing it. The token wallet is a great idea and a very secure place to store the token, but as it happens, the main issue of the wallet is their inability of the token wallet holder to store more than a type of token at once. Many platforms will exclusively use the token wallet for one particular type of token and thus make the wallet less efficient. The wallet must be able to store multiple token types so that the transaction for the whole token can be very easy, and the token exchange can also be conducted faster and better too.

  1. IC exchange

The coin exchange is very critical for the platform used as the token need to be exchanged in a proper manner and in the right places. Usually, the token holder will visit the third party platform to exchange the money to the token or vice versa, or from one token to another. That is time-consuming and less efficient, as they cannot do it instantaneously in their own wallet. Having the ingotcoin platform is just like having a walking money changer, as you can easily change your token in very simple steps, which can be very beneficial as the world of cryptocurrency heavily relies on the speed of transaction.

  1. Brokerage

This is what makes the platform interesting, as the platform shows the prices of several important goods, such as the foods, the material, and so forth all over the world. After you use the brokerage features, you can purchase those goods using the tokens and you can re-sell the goods for the better prices, as that how the brokerage goes. The brokerage features also will allow the investor to access the prices and the market demand easily and faster as the platform employs the real-time services in their platform. Using the brokerage features, you can easily access the goods that can be brokered and purchased using your token only.

  1. IC digital bank

Even though this won’t work s the central bank in the USA, this bank will provide the bride for the heavy token transaction such as the brokerage transaction and the goods purchases using the tokens. the digital bank will serve as the middle parties which will legitimize the purchase and ensure that the value has been met by both of the parties. the bank will also track the purchasing record so that the future can be settled peacefully as brokerage world is very prone to any form of conflicts. The remittance speed and the fees that will be involved in that bank is very cheap and efficient, meaning that the user will be able to use the bank as fast as they can, and with the lowest fees possible.

For further information regarding the features of the platform, you may refer to the web pages below.

https://www.ingotcoin.io/

https://www.ingotcoin.io/documents/en/white-paper.pdf

https://www.facebook.com/ICOINGOT/

 

 The initial coin offering

The ICO, or usually referred to the token sale also happen in the ingotcoin as this platform is based on the cryptocurrency and blockchain platform. To acquire the token, one must follow the token sale of the ICO, as the token will only be distributed there. No more token will be created outside for the sale, and any token which is left unsold will be burned and destroyed.

There are only two types of sale that are being implemented in the platform, which are the pre-sale  and the public sale. The pre-sale is already over since it has started around may and end in June and the bonuses for the pre-sale is around 35-25% which will decline 5% per week. As the public sale, the platform applies a huge variant of bonuses ranging from 25 to 0% of the bonus, and start on July the 1st to 15th August. The bonus, just like the pre-sale bonus wills gradually declining by 5% per week.

There is no the soft and hard cap per sale,  as those caps apply generally to all kind of sales. it means that if the hard cap has been reached in the pre-sale, the wholesale will be automatically canceled for good. The soft cap of the sale will be 37million USD worth ingotcoin token and the hard cap will be around 90 million USD.  As the token usage, you can use the token for any kind of transaction, from purchasing goods in the brokerage, certifier, or simply exchanging it in the IC exchange. The usage of the token is quite wide and various and therefore you can find the token usage very practical. As always, you can also vest the token for a number period of time, and then exchange it to obtain the fiat currencies.

For further information concerning the token usage and token sale, you may refer to the web pages below.

https://www.ingotcoin.io/

https://t.me/INGOTCoin

Posted by kurniawan05

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

Making Crypto Token More Practical Day To Day

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.

  1. 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.

  1. 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.

  1. 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.

  1. 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

https://fuzex.co/


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:

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  1. 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

https://twitter.com/fuzex_co


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/

https://t.me/FuzeX

KubitX And The New Platform For Token Exchange

KubitX And The New Platform For Token Exchange

A token exchange is the most important thing for the cryptocurrency services and therefore the exchange need to be optimized in such a way that all customers can employ such services throughout the world. The cryptocurrency or the token has become new money that circulates in the global economy, along with the other fiat currencies. The token and the platform, still need to be improved though, since they carry so many issues which hamper the utility and usage of the token itself. The world of cryptocurrency is also just recently emerged, and therefore a majority of the people purchase the token without knowing the further details concerning the token itself, and therefore making the additional purchase and then resulting in the loss of money. This is an issue which needs to be taken down, and therefore all platform should strive hard to tackle this lack of education and information issue toward the general population of the world.

Secondly, a majority of the platform suffers the issue of practicability. The token, as we know, it is only useful within the platform to conduct several purchases or transaction, and they cannot be used just outside the platform. This makes the token very useless in the term of practicability since the token cannot be utilized to purchase the daily needs of the people. Even though there are also several platforms that attempt to solve those issues, they work uncoordinated and resulted in the abundance of the platform which intersects one after another, and therefore rendering them redundant and not so practical in the end. The coordination needs to be conducted per platform so that they can create a better ecosystem which is practical for the people to use.

As for the rest of the issues concerning the token and their usage, here are several of them.

  1. Scope

The cryptocurrency and the respective platform are and innovation to combat the old and aging business environment which are very centralized and benefit the few. But unfortunately, the scope of the platform is insufficient to the western countries such as western Europe and USA, and a little part of Asia. This means that the solution that is offered by the platform are not embracing the broad swath of the world and thus making the platform very exclusive and hard to be used in the majority of the countries. There are several issues for this parts, such as the tech barriers, the administrative and legal barriers, and so forth. The platform and the token need to be adopted by a majority of the countries so that they can feel the benefit of joining any particular ecosystem.

  1. Exchange

There is the infinite amount of token that revolves in the world, and each of the tokens has their value and type as well. That is a good thing since it gives the market a boost they need, and therefore encouraging the society to be integrated into the ecosystem of the platform. But due to the massive number of token that exists, the need to exchange the token become very important, but unfortunately there are not enough platform that provides such services. This leads to the tedious process of exchange, especially the token to the fiat currencies. The exchange also will require the user to pay a specific fee for the platform to gain profit and thus developing the platform. But that makes the user lost their money and therefore making the exchange impractical.

  1. Security

The security of the platform is also at risk, since several security issues need to be taken down by the platform, and one of them is the hacker. As we already know that the tech that brings the platform, which is the blockchain is somewhat new and still need a lot of work to improve the system. The hacker usually exploits the gap in the security to breach the protection layer and thus stealing the money. The report estimates that the hacker attack alone has cost the entire blockchain platform up to billions of dollars. This will ultimately shut the whole ecosystem if the issues are left untreated. The platform needs to have a coordinated work to increase the protection and the security of the blockchain and the smart ledger so that the hacker could no longer attack them.

  1. Improper customer services

Since the crypto-based business is very new in the global market, many people don’t understand how they work, and how do you even make the profit by joining one. This makes the people purchase the tokens simply it is the trend that currently goes viral, such as the bitcoin boom in recent years. We do know that the token is not a form of investment since there is no guarantee that the value of the token will be forever increased. That is not happening since the value of the token is fluctuating and thus making the newbie investor scratching their head. It is better for any platform, Or the token exchange platform has their supportive customer care which will tend to their customer and gives them the insight that they need before they purchase the token.

There are several reasons why people are purchasing the token, and one of them is to join the ecosystem of a platform, and the other to make the investment using the token. The next need to be educated that the token can increase their worth in the global market, but it can decrease since it is not a very solid form of investment such as the gold bar, some lands, or properties. Those are the issues that are plaguing the crypto world and need to be handled seriously. Otherwise the market and business of the cryptocurrency will start crumbling fast.

For further information regarding the crypto related issue, you can refer to the webpage here.

http://www.kubitx.io/

https://bitcointalk.org/index.php?topic=4628365.0

Kubit And It Role In Rejuvenating The Crypto World

As we already know, the world of cryptocurrency will always relate to the platform that issues the token or the cryptocurrency itself. The platform is the primary concern when it comes to the token since the platform will determine what kind of token that they will use, and how they will use the token. There are so many platforms that issue their token, and they come with a very different business concept which is very interesting. Some of the platforms run in the services, while the other works in the different lifestyle which are very important and fresh for the market. But one which makes them the same is, that they run to disrupt the world of the centralized and conventional business so that they can give a new alternative for the business.

It is also what happens with kubitX, which is also one of the leading platforms to disrupt the natural exchange platform ecosystem that is already existed today. It gives the alternative for the people so that they will have numerous possibilities and comparison when it comes to the token exchange platform. Here are several unique features of kubitX which could be used by the user for their gain.

  1. Adoption

The tactics of the platform are, to widespread the services as far as they can, so that more and more people adopt the platform. This is because the kubitX is not just an ordinary token exchange platform, just like any other else. KubitX will be able to store your money, be it in the form of a token and the fiat currencies so that you can have it as a wallet for your digital money. This is an essential service to simplify the methods of the transaction, especially in the region where the service of the bank is utterly lacking. The platform can serve as the ATM that can store your money, and you can use it without even having to have the physical paper money, just like the debt in the ATM.

  1. Rapid transaction

The world of blockchain and cryptocurrencies relies on the speed of the platform, and so do this kubitX platform. The transaction cap that can be conducted in the other exchange platform will be around 1 or 2 million transactions per second, and it means that there will be the delay of the transaction since there is a massive amount of transaction occurred in the blockchain per second. The kubitX will be able to have up to 12million transaction per second, and that number will steadily rise as the tech have been improved.

  1. Ultimate protection

As you have so many tokens that could be used for the daily purchase, you don’t want to lose it. The wallet or the place where you will store the token will be protected by the most sophisticated and advanced tech so that you will have a very secure and protected form of a wallet, and no hacker or cracker can do anything to your wallet.  The wallet will also have the multi-steps verification process so that only the user could access and exchange the token itself.

  1. Practical

There is nothing more satisfying than having the most efficient token platform at your disposal, and that is what kubitX is. As we have mentioned above, Kubitz will strive to implement the most advanced banking system in the remotest area of the world, so that they can have the banking services which could be used for a various occasion such as paying remittances,  merchants, funds transfer, bill payment and so forth. Those services are very crucial for the people since it will ease their life, and make them very comfortable in doing some financial transaction. The platform will also come in the mobile app to monitor your token and do all sort of transaction and exchange, and make this platform very versatile and practical.

More details About KubitX:

For further information concerning the usage of the platform, you can check these web pages.

https://www.kubitx.io/

https://kubitx.io/KuBitX_Whitepaper_v1.1_En.pdf

https://www.facebook.com/kubitx/


The ICO And The Allocation Of Funds

The platform does employ the token as it is the part of the cryptocurrency and the blockchain ecosystem. The token is just like any ordinary token, which is called the kubitX token and have the worth around 0.0001112 ETH per token. The token is mainly used within the ecosystem to do some transaction that is imperative. The first is to pay the fees of the token, which is required for all the users to do per transaction. The fees work just like the taxes that will automatically be added to the token worth per transaction, and therefore you can pay such fees by using any token you have. But when you use the kubitX token to pay such fees, therefore you will be able to reduce the value of the fee, and you will have a more significant amount of money in your transaction. The fee reduction using the token will be up to 20% per transaction.

The only way to get the token is to join the sale. There are three types of the sale, which are the seed or the private sale. This sale is already over, and the platform is now moving on to the second type of the sale which is the pre-sale. The pre-sale yields the bonus for up to 20% and will have the minimum purchase of 25 ETH. Currently, the platform is running the pre-sale, and the sale will end on 31st August 2018. And as for the third type of the sale, which is the main sale, it has not yet announced in their websites, but there is a good chance that the sale will occur just after the pre-sale, which is somewhere in September to November.

And as the caps, there is no cap for each since the platform employs the general caps for both sales. The soft cap will be around 10 thousand ETH and the hard cap will be 25 thousand ETH. The token supply will be around 500 million tokens, which half of them, or 250 million will be used In these sales, and like the rest of them will be appropriately distributed to several parties such as the founder team, the advisors, legal and reserves.

KubitX Roadmap:

For further information concerning the token sale, you can visit one of the web pages here.

https://www.kubitx.io/

https://t.me/kubitx_official

Posted by kurniawan05

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

A Dawn For The Crypto Transaction: Fuzex

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