Back in time a lot of people used thousands of Bitcoins to buy Pizza. Now, it’s now considered as an investment option. One of the favorite reasons for the cryptocurrency market is “BELIEF” by the holders. However, a lot of other people could start believing in them if they were able to use it just like FIAT. MoxyOne is an Australian platform which plans to solve it by enabling debit card-based transactions.
Please Note: This is a Press Release
ICOs are other popular things; you can see plenty of ICOs in the market. However, a lot of them fail because of a lousy payment infrastructure. MoxyOne intends to solve that problem by providing its platform to the ICOs. Any ICO/Cryptocurrency can issue a debit card of theirs to the holders by applying for partnership with MoxyOne and white labeling the MoxyOne Wallet system. Let’s check the fantastic features of MoxyOne to know more
Debit Card
By issuing the Debit card, MoxyOne wants the users to be able to utilize their cryptocurrencies just like they use their FIAT. However, to use this, a user will have to install the wallet app and select a default currency which will be used in future transactions. For example, if a user selects Ethereum as the default currency, then ETH will be deducted in the next transaction he does.
SPEND Tokens
With the platform, the company also is going to launch SPEND tokens. They will be the backbone of the system and would be involved in every transaction performed. Being involved in every transaction would lead to the rise in the value of the coin.
MoxyAI
The MoxyAI is a smart assistant. The purpose of it is to help the users get the best value of FIAT for the cryptocurrencies at the time of withdrawal or transacting. Although, we’ve mentioned that the users default currency after selection, but if AI is enabled, it’ll give smart suggestions, so the user can get the best possible FIAT value.
Instant FIAT
Aforementioned is one reason why many people haven’t yet invested in cryptocurrencies. This feature is possible because of the debit card feature. Unlike the recent days, where we first convert our coins into Bitcoin and then sell it to sites or the seller directly. You can just walk into the ATM and convert your cryptocurrency into FIAT in seconds.
Multiple Tokens and Exchanges
The MoxyOne wallet won’t just support the SPEND token. It’s made in such a way that a lot of other coins would be added. However, in the beginning, the company won’t be adding many coins. We believe, Ethereum, SPEND, eBitcoin will be the first ones to come to the platform.
The company is also in talks with many popular exchanges. Once the ICO sale is over, they’ll probably get the SPEND token on a lot of other exchanges. If this happens as planned, expect a huge ROI.
All things said the sale is happening in such a way that there’ll be no coins left. However, if the company isn’t able to achieve its target of 4,000 ETH, it’ll refund all the users. The people who are interested in buying the tokens would have to go through a KYC process. On completion of the purchase, people will get access to the referral platform which will help them make some extra tokens for referring their friends or family. For more information, visit: https://moxy.one
