MoxyOne ICO Review, a project to convert cryptocurrency to instant fiat!

in #ico6 years ago (edited)

What is MoxyOne?

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MoxyOne aims to provide a seamless infrastructure for cryptocurrency company/team to allow their user in order to spend tokens.

For new ICO or existing crypto company that are widely spread over different niches other than payment system, they will have to invest extra resources and effort to develop in-house payment channel for the end-user to utilize their tokens. By white labelling MoxyOne wallet system, the partner company can now skip all the unnecessary cost to offer debit cards to the public.

For end-users like us, we can now convert our cryptocurrency to fiat instantly no matter it is making a purchase at a shop or even withdraw fiat from an ATM.


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What about MoxyOne vs its competitors?

We know Monaco and TenX are the biggest players in the field but there is something exclusively offered by MoxyOne. That is the ability to whitelist ICOs or existing crypto teams to allow their users spending the tokens in real life.

Furthermore, with MoxyOne JITF(Just-In-Time Funding) protocol, users don't have to reload the card with crypto like the competitor's prepaid card model. This not only would avoid unnecessary losses if the card went missing, but the overall payment process is seamlessly smooth.

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What is MoxyAI?

MoxyAI is another killer feature that helps users to spend their tokens with best-value at the time of sale.

Let's say user have BTC and ETH in the cards and would like to buy a cup of coffee while BCH goes down 10% and ETH spike to 15% at that point of time, MoxyAI will suggest to using ETH for the payment instead of the default currency BTC.

MoxyAI will always choose the best performing tokens for best possible value in a transaction. Buy low sell high remember?

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What is the token for MoxyOne?

SPEND is the token that will mainly responsible for individual transactions and transactions fee. It was not designed for buy and hold but SPEND is meant to fuel the whole MoxyOne payment system. As all transactions will incur negligible fees in term of SPEND, this healthy circulation of SPEND tokens will become a valuable asset and we can the value to grow over time.

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Token Abbreviation: SPEND
Token Name: Spend
Hard Cap (Maximum Supply): 50, 000, 000 SPEND
Token Network: Ethereum (ERC20 extended)
Emission Rate No new coins will ever be created after token sale end


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How will the SPEND value grows?

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As every transaction using the MoxyOne system are required to pay a negligible fee in SPEND including:

  • Liquid provider need to acquire 100,000 SPEND to partner with MoxyOne
  • User needs to get some SPEND for transaction fee.
  • ICO or exchanges partners need to acquire minimum amount of SPEND for partnership.

Demand over SPEND as the fule of MoxyOne will only go up over time as the project expands.


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Did MoxyOne establish any partnership with third parties already?

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Crypto companies like Sociall, Gladius, eBitcoin, FLUX, Invox Finance, and zero-fee exchange Cobinhood has already be MoxyOne partners, and the list is growing.

Amazing marketing effort for a project that is still in the ICO phase I would say!


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Why participating in MoxyOne ICO now?

You gain extra 10% of SPEND tokens before 15 April 2018 01:00 UTC.

1 ETH is priced at 1000 SPEND in the ICO. With that said, investing 1 ETH would get you total 1100 SPEND, not bad at all!


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When will I get the SPEND tokens?

Distribution of SPEND is programmed using smart contract and it is immediate upon every ETH send in. Use ethscan.io to check address balances.


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Whats is the minimum goal of this ICO?

MoxyOne ICO has a soft cap of 4000 ETH which all the collected ETH will be refunded to contributors if the soft cap is not met upon the ICO completion. This would be executed by smart contract as well.


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Take part in the MoxyOne ICO now!


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All images contains within this post are belong to MoxyOne.

This is not a financial advice. Please do your own research.

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Check this game out, look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game has passed the crypto kitties game on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. Doesn’t hurt to look at the contracts open source code at least, don’t let the opportunity pass you by.
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New update. Thanks @fr3eze

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