While cryptocurrencies are viable within the digital sphere, its application in the so-called real world continues to lag. Due to this, digital currencies are not being fully utilized. One major side-effect is that ICOs struggle to move their assets beyond the blockchain.

Even in instances where ICOs can overcome these hurdles, the fact remains that procuring reliable financial infrastructure means crypto holders have to sell their assets in order to do business. Even for the most basic transactions, this latter move can be a hair-pulling endeavor due to the cumbersome nature of the process. Furthermore, the present industry, which launches hundreds of ICOs every month in an industry that is almost USD 400 billion, is “not open-source and do not allow access to APIs or white labeling of their infrastructure.”

Video Summary

This is, of course, a rather grim picture. And of course, people, especially the uninitiated are inclined to ask, why bother with cryptos? And the logical response would be; don’t. It’s too much work. Well, that response was before MoxyOne. This blockchain inspired innovation promises “to advance the industry by creating seamless and secure debit card and payment infrastructure for every company, project and ICO that issues cryptocurrency tokens.”

How so?

Through their white labeled wallet and debit card, MoxyOne has engineered a revolutionary payment infrastructure in that it gives crypto holders the ability to convert tokens to fiat at point of sale; a revolutionary approach that is propelling cryptos into the mainstream.

This innovation is facilitated by a Just in Time Funding (JITF) protocol that sells a customer’s cryptos “automatically at time of purchase.” Furthermore, MoxyOne is the first platform to offer the white label solution to companies,which means they are facilitating the movement of large volumes of funds that would have remained on the blockchain; unused. By 2020, cryptos are set to be worth trillions, and while they do not mention it in their literature, MoxyOne, by freeing up these funds, is throwing a lifeline to desperate and destitute crypto entrepreneurs.

Use Case

 Let’s present a scenario. It is about Philbert.Ai. This company just launched a successful ICO and wants to liquidate some of their assets. Their options have whittled down to one, localbitcoin. They do not trust localbitcoin because the buyer is asking to meet in person. It is very dangerous with those large sums. Additionally, it is unseemly for a business of this size and stature to be transacting business in that way. After several attempts, several deals fall through.

One of his employers informs management about MoxyOne. After inquiring, the founder gives them a try. Now, the company has received a MoxyOne debit card which instantly converts the cryptos into cash. The company can now do business on both the crypto and traditional markets because of MoxyOne.

Conclusion

In addition to their all-star team of researchers, developers, communicators, and marketers; Moxyone has the enviable distinction of building their product on one of the safest and most user-friendly ecosystems, the ethereum network. But this was not enough for the team led by Abbas and Kumar, they have partnered with Gladius, an industry leader in CDN & DDoS Protection and Clearify to prevent scams, thus keeping the customer’s assets safe.



With their token sale running from March 14th to April 14th, investors are already lining up to take advantage of the 1,000 SPEND per ETH offering with bonuses of up to 20% within the first three weeks of their ICO.

Additional Information

MoxyOne Website
MoxyOne YouTubeWebsite
MoxyOne Whitepapaer
MoxyOne Twitter
MoxyOne Telegram
MoxyOne Medium
MoxyOne Facebook
MoxyOne Reddit
MoxyOne Github

Written by: @nicholas83

Date: 3/24/18

For the @moworks writing contest

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