Fluzcoin ICO Review

nahar278 (5)in #cryptocurrency • 6 years ago

Fluzcoin, as an independent retail coin structured in computer-aided governance, solves the problems of speed, cost, compliance and excess volatility; usheringin a true retail coin ready for mass adoption.
Fluzcoin’s Artificial Intelligence (AI) algorithm, EUNOMIA, overcomes crypto-economic volatility with real-time, computer-aided market corrections to the Fluzcoin supply and demand.
The value generated by minting new Fluzcoins is maximized by Fluzcoin holders in the form of dividends; meaning the accumulation of Fluzcoin, results in an appreciation path similar to traditional cryptocurrencies even though the value of an individual Fluzcoin may never skyrocket.

Official YouTube Presentation

What is FluzCoin?

The Fluzcoin is a retail protocol designed to solve problems such as speed, cost, compatibility, and volatility in the cryptocurrency world. The main purpose of the project is to create a successful retail cryptocurrency that consumers and sellers in the global sense will adopt and use. There will be Quorum blockchain network in the infrastructure of the project, which is based on Ethereum and has official permits, which enables fast and transparent processing and safe operation at the same time. Also “Fluzcoin Artificial Intelligence Algorithm” will be created. This algorithm will help to adjust the supply-demand balance for Fluzcoin.
Holders of Fluzcoin will receive award tokens that we refer to as "stakes" in exchange for keeping these tokens in their wallets.
In order for a cryptocurrency to be successful in the long term today, it is necessary to pass on two fundamental factors. One of them is protecting the value of cryptocurrency; the other is that it has to become a payment method for businesses in real life. Fluzcoin believes that it is going to meet both needs. In this context, Fluzcoin is considered to be an important payment instrument in the retail industry.

FluzCoin Technology

Fluzcoin is intentionally arranged as technologyagnostic. For the begin it has picked JP Morgan Quorum forked from Ethereum, in a variant redid for institutional necessities. The selection of an approved arrangement, JP Morgan Quorum last age consent based blockchain, empowers high throughput and in addition information protection.
Fluzcoin will likewise give its on possess wallet to store, offer, purchase and pay with Fluzcoin at retail through useful QR code examining. Corporate Fluzcoin wallets will give shippers the fundamental bookkeeping contribution to accommodate Fluzcoin installments.

Flux Ecosystem?

In short, Flux ecosystem join all the different components of the gaming industry and enables everyone to earn rewards in the form of FLUX token which can be easily exchanged in the open market. The ecosystem is developed on the basis of gaming process. When players compete with each other and earn in the Game 1 by utilizing Matchmaking platform and trade the game items in a trading platform or buy an item from the store, the vendor will earn a part of transaction and betting fee. Vendor (game creator) is the one who has uploaded the game1 in the ecosystem’s developer market.
If in case, Game creator utilizes FLUX crowdfunding platform to raise funds for game development then his part of earnings are also divided among investors. Apart from it, a streaming platform can be utilized to broadcast the gaming process and integrate with Twitch to get the attention of new audiences and streamers will get rewards for it. This whole ecosystem is driven by advanced smart contract system that ensures complete transparency and fair transaction on the platform.

Advantages for Consumers

• Purchasing products with Fluzcoin will be cheaper than buying with other cryptocurrencies or fiat money.
• Online banking and fund management activities, which can be performed 24/7, will be on the platform.
• There will be an opportunity to earn tokens by benefiting from the rewards created within the framework of the “New Generation Loyalty Program”.
• Those who have Fluzcoin in their wallets will be able to earn tokens on a regular basis owing to the stake system.
• Measures against price falls will be taken for project token FFC and excessive price fluctuation will not be allowed.

Token Distribution

ICO setup.jpg

Bonus Coins for ICO participants: 12.4%
ICO marketing and Post-ICO merchant incentive coins and consumer Airdrops: 9.31%
Team and Advisor Coins: 3.29%
Fluzcoin Network Rewards Coins Drawing Right: 3.29%
Fluzcoin Global, INC: 6.30%

Token Allocation

Use of ICO funds.jpg

Marketing: 50%
IT development and monitoring: 10%
Legal and compliance: 3%
Commercial retailer on boarding: 20%
Admin overhead: 7%
Reserve sent to the Fluzcoin Foundation

Token Information

ERC-20 Fluzcoin token will be created during the token generation event. After Fluzcoin Blockchain launch, contributors will be able to replace ERC-20 Fluzcoin Token for Fluzcoin on Fluzcoin Blockchain, 1:1 equivalent. EUNOMIA algorithm will start working on Fluzcoin Blockchain only.
Symbol: FFC
Total Supply: 3,223,000,000 FFC
Tokens for Sale: 2,120,000,000 FFC (~65,78%)
Public Pre-Sale until: 30.11.2018
Public Sale: 01.12.18 - 15.12.18
Price: 1 Fluzcoin = 0.1 USD
Bonus token unlock: 1 month after ICO ends

Partners

Roadmap

Nov 2017
Idea shaping
Q1 2019
Implementation of AI based Fluzcoin Quorum blockchain and retail acceptance
Dec 2018
Trading Start of ERC 20 Fluzcoin Token
Jul 2018
EUNOMIA Foundation Councillor Definition
Jun 2018
Patent Application
Jun 2018
Start of private placement via ERC 20 Fluzcoin Token in selected jurisdictions and to selected audience
Mar 2018
Start of retailer onboarding
Feb 2018
Whitepaper & refining and backtesting
Jan 2018
Idea sharpening and preparation