OVERVIEW
The impact of cryptocurrency is growing everyday across different areas of human endeavor. This trend is projected to continue as cryptocurrency is poised to becoming the currency of the future given the innumerable advantages and used cases. However, we are yet to get to mainstream adoption of cryptocurrency mainly because of several challenges, such as security, ease of use, scalability, inter currency conversion and others.
To ensure that cryptocurrency takes her place as a remarkable payment option, then some of the following grey areas must be addressed:
- Security: Cryptocurrency payment system must be safe and secured.
- Ease of Use: People should be able to conveniently use cryptocurrency as they use fiat currency. In that case multifunctional cryptocurrency cards becomes necessary to drive this need.
- Inter Currency Conversion: People should be able to easily convert from one currency to another. That is, from one cryptocurrency to another and from cryptocurrency to fiat and vice versa.
- Cost Effectiveness: Cryptocurrency payment systems must be cheaper than the conventional systems. In this case people will naturally prefer cryptocurrency payments to fiat payment.
Interestingly, many cryptocurrency companies have attempted to solve these problems with many creating crypto cards. Unfortunately, there have not been any cryptocurrency project or platform that have been able to address all these key problems. Most of the cryptocurrency cards out there only allow conversion from Bitcoin or Ethereum to fiat. What if we have a card and payment system that is secured, easy to use and allows conversion from any cryptocurrency to fiat and readily available anywhere in the world?
WELCOME TO NEOX ECOSYSTEM
It is exciting to know that Neox is building an all-inclusive payment system that will make access to cryptocurrency and use of it fun. The aim of this project is to enable people use cryptocurrency in their daily lives as they use fiat currency. In the NEOX ecosystem, we have the Neox App and the Neox Card.
WHAT MAKES THE NEOX CARD AND THE NEOX APP UNIQUE
- Single Transaction Fee: With Neox Card, you don’t have to convert your cryptocurrencies to Bitcoin or Ethereum before converting to Fiat. This saves users the cost of multiple conversions as you can convert any cryptocurrency to fiat with a single transaction fee.
- Security: The Neox Card is highly secured. In a case of security threats, user can lock and unlock the card from the Neox App.
- Availability: The card can be used anywhere in the world and many merchants will accept it for payment.
- Internal Exchange integration: An internal exchange will be integrated into the Neox App, this will enable users to be able to exchange their cryptocurrency anywhere and anytime.
- Access to Crypto Credit: Users can apply for credit in the Neox App and this will be credited to your Neox Card as fiat.
THE NEOX TOKEN
Within the Neox Ecosystem is an ERC-20 token called the NEOX Token(NEX) that will be used as the native token. There is a total supply of 1,500,000 NEX with 70% of it for sell, 15% for the NEOX team, 5% for bounty and 10% as bonus token reserve.
WHAT WILL CREATE DEMAND FOR THE NEX TOKEN?
It is worthy to note that there will be serious demand for the NEX token and this is what will lead to increase in price of the token. First, buying the NEX token at the ICO with the minimum requirements qualifies the user to own a free Neox Card. Secondly, Token holders have access to crypto credit. Thirdly, there is a profit sharing for the NEX token holders; this is similar to staking or static reflection. Therefore, investing in this project with a real product is a wise decision.
THE TOKEN SALE
You have the chance to participate in the token sale to qualify for a free Neox Card. The minimum investment to qualify is $500 and there is limited supply of the card. You can visit the website for detail on how to buy the NEX. At this early stages of the token sale, there is bonus up to 30% and this reduces as time progresses.
CONCLUSION
There is no doubt the Neox project is a future oriented project. It is a common knowledge that the card will stand out as a great resort for people who want to enjoy the beauty of cryptocurrency and the demand for the Neox Token will equally rise.
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Article written by
BTT username: nattykio
BTT Profile link: https://bitcointalk.org/index.php?action=profile;u=1617655
Wallet Address: 0xC3dc25C0c432c83F132d3365B3BF631108Db0154