FLUZCOIN: THE RETAIL COIN WITH INTELLIGENCE

The advent of cryptocurrencies has been a well accepted innovation; They were created to correct the existing conventional monetary system which has so many flaws. With blockchain technology, a decentralized system can be created which brings about transparency. This decentralized system can be used daily but so far, this has not been the case; transaction speeds are still not fast enough, a lot of illegal dealings in the crypto world has tarnished the good image upheld by the innovation of cryptocurrency which has lead to their compliance with government laws being questionable, there’s also the issue of high price in running businesses due to high transaction costs. For the widespread adoption of cryptocurrencies as retail currencies, some major issues such as transaction costs, excess volatility, compliance and low transaction speed have to be solved. Since the introduction of bitcoin in 2009 till now, lots of progress have been made in providing solutions to the issue of transaction costs and compliance on the horizon, but the issue of excess volatility has been persistent.

Fluzcoin, an independent retail coin, solves the issues of high transaction cost, low transaction speed, excess volatility and issues involving compliance with the law making it a perfect retain coin to be fully adopted generally.

With Fluzcoin’s computer- governed economy, a predictable and transparent fluctuation path is feasible making it different from FIAT and other cryptocurrencies. EUNOMIA, Fluzcoin’s Artificial intelligence algorithm takes care of the issue of crypto- economic volatility with real-time, computer-aided corrections to the Fluzcoin demand and supply. New coins can be minted when Fluzcoin holders simply hold the coin, this is quite rewarding. Fluzcoin also allows for merchants to benefit from it’s cost and default-risk free transactions feature, collected funds are available in real time and can be converted immediately to traditional currencies. Fluzcoin chose JP Morgan Quorum forked from Ethereum which supports high throughput and data privacy. Fluzcoin wallet would also be available; Payment, purchase and storage with Fluzcoin would be done through practical QR code scanning.

With Fluzcoin choosing JP Morgan Quorum blockchain, the following will be achieved:

· Privacy for consumers

· Independence for merchants

· Zero- fee transactions for consumers

· Establishment of trust for the records of the distributed ledger

· KYC compliance for merchants

· High transaction speed

· High throughput

· Tolerance to a large blockchain file and its indexing

· Fluz coin usage in online commerce, web and mobile payments.

ADVANTAGES OF THE FLUZCOIN ALGORITHM

The Fluzcoin algorithm has three basic advantages:

· On Demand Price Stabilization : there’s access to records of the ledger and other detailed price information hence a timely and granular view of market prices of Fluzcoin, thus the Fluzcoin algorithm gets a head start on price fluctuation and prepares ahead unlike central banks that have to rely on guess work based on obsolete data.

· Dynamic learner: The Fluzcoin algorithm employs Artificial Intelligence to interpret data torrents in a ledger and its surrounding system, learning would be faster this way. This is possible when the adaptability of artificial intelligence is combined with the knowledge of monetary economics and allowing machines gain experience which they can learn from.

· Full Transparency: the issue of uncertainty of the agendas of a board of directors wouldn’t come up because all the market participants know the target function in which the steering target of the machine is captured and enshrined in.

For its US operations, Fluz Fluz, a consumer cash – back network which awards everyday household consumption will be one of the early adopters of Fluzcoin though Fluzcoin and Fluz Fluz are separate companies with independent value propositions. Merchants currently signed up for Fluzcoin through the Fluz Fluz app include the following:

3.223 billion tokens shall be created for the initial ICO

65.78% = amount be sold

The remaining 34.22% will be distributed as follows:

12.04 % = bonus coins for ICO participants

9.31% = ICO bounty marketing + post- ICO merchants incentive coins and consumer airdrops

3.29% = Fluz Fluz network rewards coins drawing right

6.30% = Fluzcoin Global Inc

3.29% = team and advisor coins

FUND ALLOCATION

30% = Reserve

50% = marketing

10% = IT Development + POS integrations

7% = Admin overhead

3% = Legal and compliance

ROADMAP

November 2017 – Idea shaping

January 2018 - idea sharpening and preparation

February 2018 – whitepaper & refining and back testing

March 2018 – Start of retailer on boarding

April 2018 – State of private placement via ERC 20 Fluzcoin token in selected jurisdictions and to selected audience.

Patent application

July 2018 – Fluz Foundation representatives positioning

August to September 2018 – Fluzcoin token replacements by JP Morgan blockchain powered by Fluzcoins.

October 2018 – Trading start of Fluzcoin

QI 2019 – Start as use of payment means at retail

TEAM

Stefan Krautwald – Commercial Director / co-founder

David Rosenblatt – corporate development director

Antons Sapriko – IT Director / Scandiweb CEO

Glebs Vresvsky – marketing director

Uldis Baumerts – Product Coordinator

David M. Leibowitz – Asia Regional Manager

David Krikauskis – Delivery Manager

Aigars Pavlovics – Head of operations

TECHNICAL ADVISORS : Raghavendra Srinivasan, Florian Burkart, Ruchika Kumar, Mario Cohen

Fluzcoin is truly the foremost retail coin that is set to play an important role in mass cryptocurrency adoption. Fluzcoin is no doubt, the future of cryptocurency; invest in Fluzcoin today. To participate fully or to know more about this amazing project, please check out the links below:

Website: fluzcoin.io

Facebook : https://www.facebook.com/fluzcoin/

Twitter : https://twitter.com/Fluzcoin

Whitepaper : https://fluzcoin.io/docs/Fluzcoin_Coin_Sale_Whitepaper.pdf

Medium : https://medium.com/@fluzcoin

Authored by: thankyoulord

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2076086

Wallet: 0x2859DD117e5E186B2dec97b50012C66D0E7597Ad