MoxyOne launched its ICO

Blockchain-based startup aims to close the gap between physical and digital assets by designing a debit card infrastructure with full cryptocurrency support
15 March 2018   197

On March 14 debit card infrastructure startup MoxyOne announced its ICO launch. The startup is notable for its wallet system; it allows the clients to pay with cryptocurrency at a retail shop (be it online or physical) and to withdraw fiat from ATMs wherever they are. Basically, any cryptocurrency can integrate MoxyOne into its platform, MoxyOne in turn will create a synergy between blockchain and payment networks so that any token would get exchangeable into fiat. This is a unique concept and all the existing blockchain platforms need to do is to white label MoxyOne.

As it stands now there is a disconnect between digital and physical currency. MoxyOne will serve as a transformative step in the future of the cryptocurrency community, allowing anyone to access their funds and apply them to real-world purchases by utilizing our reliable blockchain network and partnership with cryptocurrency exchange COBINHOOD, we are confident that we will find success in connecting these two worlds.

 

Mo Abbas

Co-Founder and Lead Developer, MoxyOne

The ICO is organized in such way that a smart contract is linked with the MoxyOne token's (SPEND) ticker and it creates coins by means of transactions of Ether. This way there will be no tokens to be distributed when ICO finishes. Moreover, a recent partnership with aforementioned COBINHOOD was reported: the exchange will provide sponsorship for SPEND token.

The hard cap is set to 50 mln tokens, all the raised funds will be directed to the platform's further development. The launch of usable debit cards with partnering digital currencies is set to Q3 of 2018.

Consensus 2018 summit to be held in New York City

4th annual blockchain technology summit - Consensus 2018, will take place in New York City on May 14-16
22 April 2018   32

CoinDesk has announced its 4th annual blockchain technology summit Consensus 2018 on May 14-16 at the New York Hilton Midtown. Along with the discussions on the blockchain technology, the event is going to feature a hackathon, PoW pitch competition and a scholarship award in a partnership with Zcash. Title sponsors of the event include bloq, Deloitte, Ledger, Octagon Strategy and SONM.

Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy. Among the notable speakers there will be Blockstack co-founder Dr. Muneeb Ali, J.P.Morgan blockchain program lead Amber Baldet, eToro CEO and founder Yoni Assia, Hyperledger executive director Brian Behlendorf, ConsenSys founder Steve Cerveny, Athena Capital founder Meltem Demirors and many others.

The full 3-day agenda of the event can be found here.