Overview

  • Country Australia
  • CategoryFinance/ Banking System

MoxyOne is an ingenious solution to the issue of under utilized cryptocurrencies. 

Project stage

Only a whitepaper

Detailed description

MoxyOne is an ingenious solution to the issue of under utilised cryptocurrencies. It allows companies to incorporate within their ecosystems, a reliable financial infrastructure that gives their token holders an opportunity to spend their tokens. With features such as a debit card, wallet system and virtual debit card, users will be able to make purchases within company ecosystems and “real-world” merchants worldwide.

Problem

  • Cryptocurrencies, while being viable in the digital sphere, are not yet considered a tradable commodity in most parts of the world.
  • Any person that decides to make a purchase with cryptocurrency must make sure the entity accepts their tokens as a form of payment.
  • Tokens are under-utilised and ICO companies are struggling due to a lack of reliable financial infrastructure.
  • Current pre-paid solutions require the user to sell their cryptocurrency before making a purchase.
  • Existing industry solutions are not open-source and do not allow access to APIs or whitelabelling of their infrastructure.

Solution

  • MoxyOne provides a payment infrastructure for users to spend their cryptocurrencies by instantly converting tokens to fiat.
  • By using our system, any user can pay with their own cryptocurrencies as they are seamlessly converted to the local fiat at point of sale.
  • MoxyOne allows any company that issues cryptocurrencies to incorporate their payment system, by utilizing their white labelled wallet and debit card infrastructure.
  • The unique Just in Time Funding (JITF) protocol used by MoxyOne sells your cryptocurrency automatically at time of purchase.
  • MoxyOne is open-source and encourages the use of APIs for white labelling of their debit cards and wallet infrastructure.

Features

Branded Debit Cards
White label a MoxyOne debit card and wallet for your own cryptocurrency.

SPEND Tokens
Enjoy negligible fees and reward points as a SPEND token holder.

Liquidity Providers
Supply fiat to any user in their local currency.

Wallet
Use the debit card for all your everyday purchases.

MoxyAI
Find the best performing cryptocurrency at the best value when you’re ready to purchase.

Dashboard
Manage accounts, transactions, statistics and access rewards points all from here.

Exchange Listings
With Cobinhood already on board, our dedicated exchange listing consultant will finalise more shortly after the token sale concludes.

Partners
Become a partner to issue your own debit card or wallet using the MoxyOne white label.

Blockchain Solutions
Network solutions and security by Raiden Network & Gladius.

Instant Fiat
Seamless and secure conversion of tokens to fiat is our promise to you.

Global Access
Discover global availability through our partners and liquidity providers.

Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : SPEND
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 24,000 ETH
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :4,000 ETH
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :500,000,000 SPEND
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :Yes
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :NA
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA
      • Token Distribution

          Vesting notes

          • Team: 6 months then 10% released per month
        • Funds Distribution

      Sale schedule

      Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
      Public sale — Ended
      14 Mar 00:00 UTC
      14 Apr 00:00 UTC
      0.001 ETH 10% - 20% Min 0.01 ETH 4,000 ETH 24,000 ETH
      Pre-sale — Ended
      08 Feb 00:00 UTC
      10 Mar 00:00 UTC
      0.001 ETH 40% - 65% - 500 ETH 20,000 ETH
      Public sale
      • Week 1 = 20% [1200 SPEND / ETH]
      • Week 2 = 15% [1150 SPEND / ETH]
      • Week 3 = 10% [1100 SPEND / ETH]
      • No bonuses thereafter.
      Pre-sale

      Presale bonuses:

      • 1 ETH - 40%
      • 30 ETH - 45%
      • 100 ETH - 50%
      • 500 ETH - 55%
      • 1000 ETH - 60%
      • 2500 ETH - 65%
      Read more about vesting and bonus
      • Team

        • Mo Abbas photo
          Mo Abbas
          Lead Backend Developer
        • Tanshul Kumar photo
          Tanshul Kumar
          Lead Frontend Developer
        • Bennett Gale photo
          Bennett Gale
          Web Developer
        • Rick Kennerknecht photo
          Rick Kennerknecht
          Exchange Listing Consultant
        • Shivangni Singh photo
          Shivangni Singh
          Marketing and Research
        • Samer Abbas photo
          Samer Abbas
          Business Development Consultant
        • Chelsey Singh photo
          Chelsey Singh
          Director of Communications
        • Wanda Kaddour photo
          Wanda Kaddour
          Customer Support
      • Advisors

        • Jade Mulholland
          Business & Technical Advisor - Founder of Sociall
        • Ian Scarffe
          Blockchain ICO Advisor & Consultant Expert at ICObench
        • Frank Bonnet
          Blockchain & Technical Advisor - Founder & CTO of DCORP
        • Hansco Leek
          Operations Advisor - Service Manager of DCORP
        • Mike Balagna
          Marketing Communications Advisor - COO of Dcorp

      Roadmap

      • Q2 2018
        • List token on exchanges after token sale ends
        • Digital ID verification
        • Sanctions / PEP checks
        • MoxyOne wallet support for SPEND, ETH and Partner’s tokens (SCL)
        • Payment channel integration - Raiden Network
        • Debit card spending with Ether (ETH)
      • Q3 2018
        • Debit card spending with Social (SCL)
        • Debit card spending with Partner’s tokens
        • Dashboard credit card transactions, history and statements
        • Mobile app (hybrid)
        • Notifications for spending limits & set your own spending limits
        • App replaces bank account
        • Security level 1 (temporary card freeze for misplaced card - app controlled)
        • Security level 2 (2 factor authentication)
        • MoxyOne vault - store cryptos securely
        • Debit card spending with MoxyOne (SPEND)
        • MoxyOne buffer account [Liquidity Provider]
        • List token on more exchanges
      • Q4 2018
        • Add card to Apple Pay and Google Pay
        • Geographical security
        • User ratings
        • User spending-habit tracking
      • Q1 2019
        • Decentralised wallet
        • ERC20 / ERC223 token support
        • White label wallet and debit cards for ICOs
        • Integration of debit card API by other ICOs
      • Q2 2019
        • Management dashboard
        • Mobile app (native)
        • 3rd party services API
        • Companion cards (multiple cards, same wallet)
        • Debit card JIT spending with tokens supported by Shapeshift or Changelly
        • COMIT network cross
      • Q3 2019
        • Multi-sig technology
        • Monthly reward points system
        • Multi-asset debit card
        • Security level 4
      • Q4 2019
        • Maps - locations that accept MoxyOne
        • Security level 5
      • Q1 2020
        • Customer service (IVR: Interactive Voice Response/ customer service call centre)
        • Liquidity Providers (lenders/investors)
        • Legals and licensing for Liquidity Providers
        • Security level 6<

      Activity