Amon - The Crypto Card powered by AI for Spending Crypto in Everyday Life

Introduction:
During the past few months, cryptocurrencies have gained a lot of attention in all kinds of media. Thus more investors have entered the cryptoworld, looking to invest in new emerging projects, but also in already existing technologies. While Bitcoin was for a long time a strong leader with a dominance of over 70% compared to all the other coins, different altcoins now have entered the market, putting its dominance down to 42%, according to coinmarketcap.
Besides investing, many people are also looking for alternatives to spend their cryptocurrencies. One option is to cash out via exchanges and then transfering the money to the bank account. Problems with that are not only the high transaction fees, but also the long waiting time, until the money finally has arrived on the bank account.
The second option, which a currently ongoing project called "Amon" is offering, is to simply spend money using cryptocurrencies with the help of a crypto debit card. Why Amon is so special and what it offers will be shown in the following chapters.

What is Amon?
Amon is a multi-cryptocurrency debit card, which can be used for everyday purchases. For that Amon offers a wallet, where all kinds of cryptocurrencies can be stored and easily be spend. What is special about Amon is, that other than already existing crypto debit cards, Amon uses a revolutionary Artificial Intelligence, which enables the user to get the most profit out of every purchase.

How does it work?
When purchasing something from a store, you can choose which cryptocurrency you want to use. This can be set up on the official app from Amon. Currently there is already an existing Alpha Wallet, where you can play around with and test the first functionalities. Besides choosing one specific cryptocurrency for payments, you can also select the AI-based system from Amon. The Amon team is working with the machine learning project "CognitionBox". The artificial intelligence can analyze your whole wallet and chooses the most profitable coin, based on the real-time market for the payment. By doing so you not only can profit from the volantile crypto market, but also benefit from the best crypto payment options available at the time of paying. Additionally to that the build-in exchange in the app allows the user to exchange different coins fast and easily, without needing them to be transfered out and in again through many other exchanges. Amon also offers secure and safe payments, because they are partnered up with "Ixxon"a worldwide recognized IT security company.

To summarize the benefits of Amon in comparison with currently existing competitors, take a look at the following table. Amon is not only usable worldwide, but also benefits from their AI system, their customer support as well as the possibility to earn passive income through masternode supported cryptocurrencies. Also it is to mention that there are no fees, if some conditions are met like holding a defined amount of tokens or doing some transactions per month.

AMN-Token:
The AMN-token is the official cryptocurrency for the project. The token is based on the Ethereum blockchain and is ERC20 compatible. The token mainly grants access to different features and benefits for the card user.
Those can be for example:

• Lower fees on payments for token holders
• Faster customer support
• Passive income through MasterNode interest from cryptos that support MasterNodes
• Cashback in AMN-Tokens for every transaction as an incentive to use the card

Details on the ICO-Token-Sale:

• Public sale is open from the 4th march 2018 and will run until 4th april 2018
• Softcap is 3 million USD (already reached through the private sales)
• Hardcap is 25 million USD (500,000,000 AMN tokens)
• 1 AMN-token is worth 0.05$
• Unsold tokens will be burned

The Token Distribution looks as follows:

Special Offer for ICO-Contributors:
Amon offers a special offer for their contributors. Everyone who buys AMN tokens worth 1,000$ (20,000 AMN tokens) will get a free Amon Gold card. Gold card users benefit for example from every purchase with 0,05% cashback in AMN tokens credited to their wallets. Besides the gold card, there will be also a silver version, as well as a platinum version with different kind of offers, depending on the usage of the card. In general there are no monthly fees for any card, if at least 100 AMN tokens are hold on the wallet. Also the card fee and delivery will be cost free.

Roadmap:
The Amon project started back in july 2017. The team already has partnered up with top companies as well as having an agreement with a card company. They also created an alpha wallet app with integration of BTC. For Q1 2018 not only the token sale will happen, but also the integration of ETH, LTC and other tokens, as well as fiat currencies. For Q2 already the card launch as well as the wallet going public is to be expected. Further down the road in Q3 an E-money licence as well as wallets decentralization is planned. Shortly summarized we clearly can see that alot has been achieved so far and big upcoming plans and developments are coming very soon.

The Team:
Here you can see the team behind the Amon project. They have quite good IT-knowledge as well as business experts. To know more about the team, check out their website to take a look at their linkedin profile.

My Opinion:
As the cryptomarket will grow in the future, more and more people will look to find a way to either cash out or pay with cryptocurrencies. The crypto debit card is a solution for that. With the artificial intelligence based system from Amon I truly believe that this might be one of the best solutions out there to maximize profits when using crypto to buy things. I am personally very interested of having a crypto debit card on my own and pay with it. Therefore I will definitely going to test out the Amon crypto debit card, once it is available on the market. Also I will then write a review about my experience paying with it in everyday life. Until then, I am very excited to see how the project will develop.

Further information:
If you are interested in the Amon project, I kindly take a look at their official website and their whitepaper for more details on the project. Also I recommend to subscribe to their official communication channels to stay tuned about upcoming news.

Website: https://amon.tech/
Whitepaper: https://drive.google.com/file/d/17J03CjIe-v9pv-RTNCheZ8iMCCCaZ0VR/view
Twitter: https://twitter.com/amonwallet
Facebook: https://www.facebook.com/amontechwallet/
Telegram Chat: https://t.me/amontech
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2875733.0
My Bitcointalk Profile (Rano): https://bitcointalk.org/index.php?action=profile;u=1609093