Over the past few years, there has been a sharp rise in the popularity of cryptocurrencies. Cryptocurrencies are gaining mainstream popularity and are quickly becoming a household name, a dinnertime conversation. However, despite this rise in conversations and awareness – the one major problem that still haunts cryptocurrencies is that of mainstream adoption. While there is awareness – there still is a significant lack of a use case. MoxyOne intends to solve this problem.
An Australia based company which aims at building a payments infrastructure for ICOs and cryptocurrencies, MoxyOne wants to ensure that one-day cryptocurrencies can be used the same as fiat payments! The company has multiple plans to do so, but the primary means by which they will achieve this goal is by creating Debit Cards for the currency. Moreover, the company has other plans too – such as the use of MoxyAI, SPEND Tokens and much more. Let us take a closer look:
How Will MoxyOne Debit Cards Work
The MoxyOne Debit Cards would require two parties – the cryptocurrency developers, as well as those who wish to implement it at their stores. Those who intend to accept these cards would need to white label the MoxyOne wallet system. The MoxyOne Cards can also be used by the users across ATMs all over the world, claims the company.
The basic idea is that the cards will help convert your cryptocurrency payments into fiat payments. The company achieves that with the help of SPEND Tokens which are the critical component here. The cryptocurrency would first be converted into SPEND, and the SPEND tokens would then be converted to fiat currency.
Other features of MoxyOne
The MoxyOne Debit Cards are the tip of the iceberg! There’s more to the system than what meets the eye. Let us take a closer look at all the features of the MoxyOne system:
MoxyAI: MoxyAI is a setting in the wallet app which makes use of artificial intelligence to determine which will be the best coin for your transaction. This analysis is based on the past prices of the coins that you are holding. It will automatically suggest a currency which has increased in value – this way you can get the most out of your cryptocurrencies.
Multiple Token Support: MoxyOne plans to introduce support for not just one, but numerous cryptocurrencies in their wallet. It is a feature which gives it a multi-dimensional approach.
Instant Fiat: The MoxyOne platform allows quick conversions of cryptocurrencies to fiat currency. The best part about this is that the MoxyOne powered debit cards can be used in any nearby ATM as well – to convert Cryptocurrency holdings into Fiat currency quickly!
Know More About The Token Sale
The MoxyOne platform intends to deliver a strong performance to the users. The company is in talks with getting their SPEND tokens listed on various cryptocurrency exchanges. However, as of now, the pre-sale is live, and you can directly buy the MoxyOne tokens from here.
The company has created the token sale in a manner which no token should ideally be left. Moreover, the investor money is safe with MoxyOne as they have promised to refund entire amounts if they fail to gather a minimum of 4000 ETH. Also, investing in this ICO requires a KYC process to be filled. For more information, you can log on to https://moxy.one