FuzeX: All the World's Money on One Card

Plastic cards "get smarter" in response to customer requests: it becomes possible to store several types of currencies, pay one-touch to the terminal, and receive cash back for purchases. The number of debit and credit cards for an ordinary user increases, they are difficult to store and it is not always convenient to use them. Is it possible to combine all accounts on one card?

The creators of the FuzeX project offer exactly this tool: a multi-currency card and an electronic wallet to manage the entire volume of fiat and cryptocurrency assets. The improved plastic card allows you to pay for purchases in any currency - the conversion is done automatically, with a minimum commission. Technology is especially relevant for travelers, buyers of foreign goods and services, and cryptocurrency investors.

How is the FuzeX Ecosystem Organized?

A mobile bank and an enhanced bank card is the basis of the application, through which the currency exchange is carried out automatically, at a customer-friendly rate. For example, you can use BTC, which are automatically converted into rubles to pay for a tour in a travel agency. 

This approach saves users time, reduces commission costs, allows you to spend digital gold on the real market. The team of creators highlights three working modules of FuzeX.

1. FuzeX Card - a plastic card with a built-in chip and cryptocurrency wallet, working on battery. The device allows you to safely store fiat money and crypto coins, pay them in any stores, and convert assets without additional commissions. The developers emphasize that you can tie up to 30 different credit, debit and bonus cards to the FuzeX Card, then switch payments between them. This approach saves a lot of time for users, increases the effectiveness of bonus programs, allows you to win on the difference in exchange rates. 

2. FuzeX Wallet - a means to manage all cryptocurrency accounts, assets in fiat money, and tokens of the ecosystem. The user can access the history of operations, an interactive map with points of the last use of the card, a currency exchange service. Safety of funds and personal data provides two-factor authentication, a mobile application for Android and iOS is created for the convenience of clients. Only registered devices have access to the application - the user is additionally protected from unauthorized operations.

3. FuzeX Exchange – a tool for instant exchange of the cryptocurrency and fiat money at the most profitable rate for the user. The creators of the project emphasize that such an instrument links the cryptocurrency sphere with the "real world" - the owners of retail outlets receive payments in real currencies, and the customers can freely spend "digital gold". 

The Whitepaper of the project details the use of FuzeX: the user downloads a mobile application, registers, transfers the desired amount of the cryptocurrency or fiat into the account, and starts using the service. Like the application Yandex.Money, the issuance of the card is automatic, the user should only activate it. The FuzeX team works in accordance with the standards of payment systems (Visa, Mastercard), so the card is accepted by the ordinary POS-terminals.

The Crowdsale and the Development Prospects of FuzeX

The simplicity of the interface and the availability of all the necessary functions attracted a lot of private and corporate investors, the project is successfully promoted in social networks. The ICO was canceled (an exceptional case in the history of the cryptomarket!), since the 20 thousand ETH Hard Cap was achieved during the Private Sale. The investors who contributed at least 5 ETH, were provided with a card free of charge, which helped FuzeX quickly "capture" the user market. 

The funds collected during the Private Sale covered six groups of expenses: 35% went to support and develop of a smart plastic card, 5% was invested in the creation of applications, 40% was spent on the exchanger and the development of the project infrastructure. 10% was invested in the promotion of the project, 5% took the audit and licensing of the platform.

Website: https://fuzex.co/
WP: https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf
TG: https://t.me/FuzeX
Author on BCT: Melnikof https://bitcointalk.org/index.php?action=profile;u=1152502

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