Fixy Network-A decentralized market in OTC exchange

Maret 23, 2018

Fixy Network-A decentralized market in OTC exchange

Preliminary

Cryptocurrency and blockchain technology remain the most annoying and revolutionary
21st century technology. Since the innovative creation of Bitcoin by the mysterious
Satoshi Nakamoto more than 3500 Cryptocurrency has been created. This is generated from
the success of Bitcoin itself. Cryptocurrency was created to change and revolutionize
the financial world as we know it, and blockchain technology was created to serve as a validation mechanism. Since then, the technology has been applied not only to the financial sector of finance but also to other industries such as oil and gas, real estate, education, medicine and even law, just to mention a few.

However, regardless of the annoying nature of cryptocurrency, and its invaluable benefits and potential applications, it is still limited, under the unit, and highly volatile. The reason for underutilization is simply because it has no real usefulness in everyday life. Lack of daily use is one of the factors that make cryptocurrency extremely volatile, customers and corporations rarely can use Cryptocurrency for transactions. Therefore, it is difficult for the value to be stable, regardless of the profit.

Introducing Fixy App, a blockchain-based application that will facilitate the use of cryptocurrency in ordinary everyday life. Fixy App is a blockchain solution, from cryptocurrency beginners cryptocurrency fans. The solution is Mmemberikan some benefits to users such as, monetize their Cryptocurrency and can be paid both in FIAT and cryptocurrency when they sell their goods and services.

How it works?

Fixy Network brings popular cryptocurrency and retailers as partners with blockchain benefits. The Partner Store will receive:

● Bitcoin
● Bitcoin Cash
● Ethereum
● Litecoin

Fixy Network Partner is a retailer selling Gift Cards and members of Fixy Network. Membership and their advertising costs will be paid with Token Fixy.
Fixy brings the company (called a partner) and the customer (called the user) and arranges it in one platform. Partners who are in the market will be able to sell goods and services also advertise on the platform. Partners who want to be listed or made ads on the fixed network market must pay with the gift tokens. To tame the volatility of the price of cryptocurrency, use a hybrid solution, which means payment for the product will be done in FIAT and popular cryptocurrencies (BTC, BCH, LTC, ETH) at a certain ratio (eg 60% fiat: 40% crypto). Fixy Network will work with third parties to facilitate cash out.

SITUATION

There is no cryptocurrency application for everyday life
Despite industry disruptions and technological advances that provide blockchain, one
a largely untapped area is the use of Cryptocurrency in everyday life. Both fiat and cryptocurrency currencies can be called money or currency, because they are the medium of exchange used to store and transfer value, both can be used for the purchase of goods and services, both of which have their value regulated by supply, demand, employment, scarcity, and Other economic factors, both have their value influenced by the quality of the system surrounding it, both can be traded exchanges. However, Cryptocurrency is very limited especially when it involves buying goods and services. As much cryptocurrency has become a darling medium, it is still not widely accepted or generalized. In fact, only one full-handed state is cryptocurrency friendly.

Difficulty getting into the world of cryptocurrency

It is a very tiring task of trying to participate in the world of cryptocurrency, the interest of beginner investor cryptocurrency is actually tested at the point of first purchase. When new and inexperienced cryptocurrency fans get into the actual purchasing context, they realize that is not so easy to get, and some may even lose interest. This is largely as a result of using the registration procedure that must be done by the investor. Signing up on exchange platforms in others to be able to liquidate a person's cryptocurrency is another challenge as exchange requires a tiring and time-consuming process involving a KYC (know your customer) vali dation that can take days or weeks.

CURRENT PROBLEM

This problem is increasing as some financial institutions have banned their customers from obtaining cryptocurrency with their services. According to a coinbase report, Credit cardholders from four US banks have been banned from buying Cryptocurrency using credit cards in Coinbase. This development is not exclusive to the United States alone, such as British banking group, Lloyds is also reported to block cardholders from some of its major subsidiaries - including Halifax, MBNA, and Bank of Scotland - from buying Bitcoin on credit.

Centralized exchange

Decentralization Decentralization is at the heart of the value proposition of blockchains; However, the central entity still plays a major role in the process of buying Cryptocurrency. As a result of the centralized nature of the exchange, the challenges facing this platform have greatly detrimental to cryptocurrency traders and investors using this platform. The exchange has struggled to compete with the very dangerous people of cryptocurrency market growth and large volumes so that part of the existing centralized exchange platform even begins to close new members because it has become almost impossible to meet demand. This makes it very difficult for beginner beginners to get cryptocurrency. Currency traders and Cryptocurrency investors have lost so much money because this centralized exchange platform at a certain point stops trading, suffers blackouts, and falls when volumes and demand are high. No massive cryptocurrency adoption Despite the popularity of cryptocurrency, especially with attention, the media have granted it, there is still no mass digital currency adoption. This situation is largely due to the overly complex purchase process required to obtain cryptocurrency. It's not like you can just walk into a store and buy cryptocurrency, because nearly 2 billion adults do not have a bank account and
do not have the necessary bank account to purchase crypto currency.

The challenge of converting cryptocurrency into cash The last mile issue in cryptocurrency transactions has not been solved. How to change cryptocurrency into cash in just minutes? Cryptocurrency is a new and modern way to store value. However, it becomes a challenge to convert that value into cash. Although there is an existing platform that provides this service, it usually takes a few days for the transaction to complete, this can be very difficult for individuals who are in dire need of quick cash and can not afford to wait that long.

FIXY TOKEN

Although various Cryptocurrency will be traded on the Fixy platform, the Fixy token will
serves as its own platform currency. Partners who want to be part of the network will do so
so by paying Fixy token. In addition, the Fixy token will be used to purchase ad space
on the platform and can be used to make purchases. To prevent, inflation and maintain a steady
increase in value, Fixy token will have a fixed quantity supply of 100,000,000 FXY.

Fixy Network allows people to use cryptocurrency in their daily lives. The network will include a decentralized market and decentralized OTC exchange. We provide Fixy Gift Cards, which will be available in every corner of the store and sold in easy FIAT access.

ICO DETAILS

Token Ticker: FXY (ERC-20 Token)
Total Supply: 100,000,000
Price: 1 ETH = 5,000 FXY
Private Sale: 400 ETH (already sold)
Softcap: 2,000 ETH
Hardcap: 11,400 ETH
Bonus Structure:
Pre ICO:
ICO rate 40% 1: 20%
ICO Level 2: 0%
Minimum donation: 0.1 ETH
Sales date tokens: 01 May 2018
All unsold tokens will be burned.

Bonus TOKEN:

Pre-ICO 40% 1ETH = 7000FXY

ICO Level 1 20% 1ETH = 6000FXY

ICO Level 2 0% 1ETH = 5000FXY

ROADMAP