Cryptocurrency Debit Card By MoxyOne Asks, “What’s Not In Your Wallet?
br>MoxyOne claims to be the first debit card for cryptocurrencies, allowing users to spend tokens in more than 44 million locations worldwide – essentially, anywhere that accepts debit cards.
The system doesn’t require the retailer to deal, exchange, or even be aware that the customer is paying in cryptocurrency for tangible goods and services.
The company is developing an application and is set to issue physical debit cards to its customers and will also allow for payment using mobile device payments. MoxyOne is also white labeling its services, allowing companies to incorporate a financial infrastructure within their existing ecosystems that gives their token holders an opportunity to spend their tokens.
The system features a debit card, wallet system, and virtual debit card. The company’s own SPEND token holders from its planned March 14 initial coin offering (ICO) will have the opportunity to use the MoxyOne infrastructure with some additional benefits, including a rewards system and negligible fees.
Co-founder Tanshul Kumar answered a few Block Tribune questions about the card.
Read more about this and other ICOs at BlockTribune’s ICO Wiki
Symbol | SPEND |
Start Date | Mar 15, 2018 |
End Date | Apr 15, 2018 |
Offering Type | N/A |
Platform | Ethereum |
Website | Website |
Whitepaper | Whitepaper |