MoxyOne ICO

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MoxyOne

MoxyOne is a decentralized blockchain based infrastructure that brings a solution for less common cryptocurrencies.

Details

ICO Name MoxyOne
Description MoxyOne is a decentralized blockchain based infrastructure that brings a solution for less common cryptocurrencies.
Website URL https://moxy.one/
White Paper URL https://moxy.one/whitepaper.pdf
ICO Launch 2018/03/14 05:00
ICO Closing 2018/04/14 05:00
Token Platform ETH (ERC20)
Coin Price 0.01 ETH
Funding Target 4000 ETH
Funding Cap 50, 000, 000 SPENDs
Coins Offered 70% out of total token supply

What Is MoxyOne?

MoxyOne is a decentralized blockchain based infrastructure that brings a solution for less common cryptocurrencies. It intends to develop a mechanism through which organizations are appreciated to incorporate reliable financial ecosystem where holders of less utilized crypto/digital currencies can use their tokens. The platform enables end-users to use their cryptos as well as other digital currencies that the platform anticipates integrating into its system in the future. The platform also holds an affiliation program through which partners are encouraged to issue their debit cards to their token holders using MoxyOne infrastructure and by white labeling the platform’s wallet system.

Concept

MoxyOne is a blockchain based decentralized network that intends to revolutionize the blockchain industry by offering seamless, encrypted debit cards and a secure payment infrastructure for corporations that aims to issue their digital tokens. The platform is striving hard to give organization’s tokens a real value. Using MoxyOne, users will be able to spend their tokens by getting them converted to fiat instantaneously. The platform intends to bring all in one place solution for holders of various cryptocurrencies in a way that users will be able to make transactions using any cryptocurrency because of the freedom of conversion to fiat. The platform is considered as an open-source that encourages the usage of APIs for getting their debit cards as well as wallet infrastructure white labeled.

How Does MoxyOne Work?

The market has already been saturated with more than thousands of cryptocurrencies and hundreds of new cryptocurrencies are being launched every month. This creates a competition in the market leaving a lot of cryptocurrencies being unutilized. The ICOs are struggling because of having no sound financial infrastructure. The platform intends to bring the real world value to those less common or unutilized tokens by getting corporations white label the MoxyOne system to offer their personalized debit cards cross and electronic wallets.  The liquidity function of the platform helps organizations to avail necessary funds to enable its users to carry out their local currency transactions worldwide. The platform buys different crypto tokens and funds the platform with equivalent fiat currency. The platform intends to advance the digital economy by developing a gateway to the future.

Earn MoxyOne Tokens

To earn MoxyOne tokens people need to participate in the pre-sale and crowd sale phase of the ICO. The crowd sale of the ICO is now in progress. People who wish to earn MoxyOne tokens can contribute to the public sale of the ICO and avail bonus offers as well. The bonus offer is just about to end today i-e March 14th, 2018. Therefore, people who wish to earn more MoxyOne tokens need to participate in the ICO latest by today.

Buy MoxyOne Tokens With E-Wallets

The platform is based on ERC20 tokens. These tokens are stored in e-wallets. So, people who wish to buy MoxyOne tokens need to have an e-wallet first before they buy MoxyOne tokens. To buy MoxyOne tokens, people need to send ETH using their e-wallets. The MoxyOne tokens will also be received in contributor’s e-wallets after the ICO ends. Investors can also buy MoxyOne tokens from the supported exchanges in exchange for other cryptocurrencies.

The ICO Distribution

The ICO plans to launch its token sale today i-e March 14th, 2018. The ICO is expected to last for about a month. It will end on April 14th, 2018. There will be a total supply of 50, 000, 000 SPENDs. The ICO intends to raise a minimum of 4000 ETH. The starting price of the ICO is expected to be 0.01 ETH.

Token Distribution

The ICO plans to distribute its tokens under following proportion;

  • 10% of the total tokens are planned to be distributed to the MoxyOne team
  • 20% of the total tokens are planned to be distributed to the marketing department and partnerships
  • 70% of the total tokens are planned to be made available for the public sale

Funds Allocation

The platform plans to allocate its funds generated through the ICO under following proportion;

  • 5% of the total funds are planned to be allocated for the technological improvements of the ICO
  • 15% of the total funds are planned to be distributed to Support and Team expansion of the ICO
  • 15% of the total funds are planned to be distributed to the marketing department of the ICO
  • 10% of the total funds are planned to be distributed to the legal affairs department of the ICO
  • 55% of the total funds are planned to be distributed to the Research and Development team of the ICO

Bonus Offers

The ICO also plans to offer bonuses to its early contributors under the following pattern;

  • 40% bonus is offered to those contributors who contributed in the ICO during the first 24 hours after the ICO is launched
  • 5% bonus is offered to people buying MoxyOne tokens within the first week of the launch of the ICO
  • 5% bonus is offered to buyers purchasing the ICO tokens in the second week after the ICO is launched
  • 10% bonus is available for those who buy MoxyOne tokens in the third week of the launch of the ICO
  • 0% bonus will be available thereafter

Team Members

The ICO has following team members;

  1. Mo Abbas is the Co-Founder and Backend Developer of the ICO
  2. Tanshul Kumar is also the Co-Founder and Front-end Developer of the ICO
  3. Bennett Gale is the Web Developer at MoxyOne
  4. Rick Kennerknecht is the Consultant Exchange Listing at MoxyOne
  5. Shivangni Singh looks after Marketing & Research at MoxyOne
  6. Samer Abbas is the Consultant for Business Development at MoxyOne
  7. Chelsey Singh is the Director Communications at MoxyOne
  8. Wanda Kaddour is in the Customer Support at MoxyOne
  9. Jade Mulholland is an advisor to the Company
  10. Ian Scarffe is also an advisor to the Company
  11. Frank Bonnet is another advisor to the Company
  12. Hansco Leek is also another advisor to the Company
  13. Mike Balagna is yet another advisor to the Company
  14. Mo Hamdounais also another addition in the list of advisors to the Company

Invest In MoxyOne

After a careful review of the ICO, we hereby conclude that MoxyOne is looking to revolutionize the blockchain industry by developing a one place market where holders of less common cryptocurrencies can also use their tokens. The concept is practical and the objective of the ICO to bring real-world value to unutilized tokens of the ICOs is likely to be achieved. We, therefore, express our satisfaction on the ICO and would like to suggest people should invest in MoxyOne without any fear.

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