Fluzcoin ICO Review - The Intelligent Retail Currency

rabiulawal1971 (25)in #cryptocurrencyfluzcoin • 6 years ago

Fluzcoin, as an independent retail coin structured in computer-aided governance, solves the problems of speed, cost, compliance and excess volatility; ushering in 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 proof of stake; 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.

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Website

https://fluzcoin.io/

Whitepaper

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

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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.

Advantages for Merchants

• Thanks to the Fluzcoin Platform, Merchants will add new customers to their community.
• Transaction fees will be "0".
• There will also be possibilities to develop special cryptocurrency and brand for the companies within 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 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

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

Ico Setup

3,29% => Team and Advisor Coins
3,29% => FluzFluz Network Reward Coins Drawing Right
6,30% => Fluz Coins Ltd
9,31% => ICO Bounty Marketing+Post-ICO Merchant Incentive Coins and Consumer Airdrops
12,04% => Bonus Coins for ICO participants

Use Of Funds

50% => marketing
3% => Legal&Compliance
10% => IT development and monitoring
7% => Admin overhead
10% => Fluzcoin Reserve
20% => commercial retailer onboarding