Fuzex Token and Short-Term Utility

in #blockchain6 years ago

22489781_138712933433130_8153975728600633420_n.png
Fuzex is the blockchain network has been an advanced form of the cryptocurrency or virtual currency. This ecosystem enables an easy exchange providing the process between the crypto and fiat currencies. The working will build a bridge in between the gaps and enable the online wallet sorting out the physical pocket.

This is adopting a number of changing for installing technology to development emphasizing the growth of the organization. This will have the contribution of Fuzex in the token sale. It will have the activity of purchasing, transferring and exchanging cryptocurrencies by the acceptance.

Fuzex Token

The Fuzex Cardholders are enabling the ability to use their cryptocurrency at any time from anywhere. There is a number of cryptocurrency components are in the market like Bitcoin and Etehreum. These shares almost all the characteristics of Money except for one have usability. It also includes the benefits of cryptocurrency as notorious might have some difficulty in spending the real world.

The ultimate goal is making cryptocurrencies useful as well as usable in everyday life. This even can become conventional fiat currency at the current time. It also encourages the wider adoption creating a safe, secure ecosystem and this will eventually add benefits to the merchants, partners as users at once.

Short-Term Utility

FuzeX-696x449 (1).jpg
The Fuzex Card has been delivered to get earlier with the possibility of partnering with the existence in issuance by the issuers and partners with the exchange for the short-term utility. For this time period, the utility will be limited for the FXT Tokens by the use of the use cases. This will initially be used as a token for membership and the FXT tokens will be used by the token holders with the ability to do:

  • Fuzex Card Purchasing: The FXT Token holders will have the ability in purchasing goods utilizing the Fuzex Cards and it will use by the FXT Tokens.

  • Annual Membership Fees: The FXT Tokens will initially be used partnering the issuers and it will be eligible for the ongoing Bank Identification Number or BIN and will include the sharing cost. This will have the small annual membership fee for the users of the Fuzex card holders. It will make payment for the annual payment fee and this can be lowered for the payment by the use of FXT Tokens. As a result, the FXT token holders will need to make payment annually initially making it cheaper than those who do not own any FXT tokens.

  • Transaction Limits: For some transactions, there will be a reasonable limit which has settled for the users of Fuzex Card users. this limit can even be increased if the amount of FXT tokens are held by its users. The limit of transactions can be imposed by some issuers and it might have some risk due o the exchange rate in the fiat currencies from the cryptocurrency.

This makes the short-term utility to be FXT Token until it creates and generates the entire ecosystem of Fuzex. It enables the key facilities of the project by making payment to the platform to develop the Fuzex Exchange.

This may take exchange for essential in adoption to other cryptocurrencies by the use of Fuzex Card and this will maximize and expanse of the utility to the FXT Tokens establishing the token holders. This makes the system feasible to the users with ultimate flexibility.

Website: https://fuzex.co/
Telegram : https://t.me/FuzeX
Whitepaper : https://fuzex.co/wp-content/uploads/2018/01/FuzeX_whitepaper.pdf