The Official FuzeX FAQ

The Pre Sale has started already. click here to read the contribution manual.

Partially correct, we have a working product with Fuze (Mag Strip) and the soon to be released Fuze (EMV). We are running an ICO to raise funds to develop the cryptocurrency aspects of the FuzeX Card and mobile wallet. We also need funds to scale up our production and also develop and build our own exchange.

Please check the legality of participating in an ICO in your region or area. We will not be taking contributions from participants in areas where ICO participation is banned (E.g. USA, Singapore, China, Korea).

Yes, to participate in the ICO you will need to do the KYC process. Please read the contribution guide here.

Yes. We will be doing whitelisting for our ICO. We will make an announcement regarding this the week commencing 15th January 2018.

No. We only accept Ethereum or Bitcoin.

1 ETH is equivalent to 12,000 FXT Tokens. To read more about our FXT tokens, please click here. Bitcoin contributions will be exchanged in real-time using the below formula.

We’ve adjusted it. It was originally 80,000 ETH, it is now 40,000 ETH. Read more about it here.

Yes, there will be a minimal transaction fee to the total transaction to move crypto (FXT or any other) to Fiat. However, there will not be any transaction to move from other cryptocurrencies to FXT.

The cost of purchasing the FuzeX Card and the minimal transaction fees on the exchange. Merchants will pay transaction fees for purchases (the same way they do now for credit cards). There may be an annual membership charge, but this will be confirmed at a later date.

TBD at the moment. We will make a decision on this and release through our channels at a later date.

No.

No. The number of tokens we issue are fixed (tokens not sold are burned) and since our FXT token will be the “bridge” from cryptocurrencies to other fiats, we want to be agnostic in our approach to fiat currency. (Read more about our FXT Tokens here or below)

Issuers will be announced once formal contracts are executed. We will release information regarding this matter in Q1 2018.

Partner exchanges to be announced once formal contracts are executed. FuzeX is also building out its own exchange, so watch out for updates.

Short answer; not much, it is still business as usual for us. But read more about it here.

Read about them here.

Although you get your FXT Tokens quickly, the FXT Tokens will be unlocked 4 weeks after the ICO has completely finished, this date is still TBD.

No, pre-ordering is not available at this time. We are slated for a commercial release in July 2018. Or you can participate in the FuzeX Pre-Sale and get a free FuzeX Card.

Yes, we’re sure. If you saw a card that looks like ours, then it probably is. We have a lot of partners that we are cobranding with. Check our partnership announcements on our Medium page or check out the partnership section of our website (www.fuzex.co) for a list of our partners.

We’re going global, but we will be launching in several test markets first. This will be confirmed soon, probably after the ICO has finished.

The FuzeX and Fuze team are two different teams. FuzeX is a registered AG in Switzerland. Although we share certain elements of our operations and manufacturing, Fuze and FuzeX should be treated as two separate business entities. The FuzeX team cannot deal with requests regarding the Fuze Card.

We are registered in Switzerland.

We’re registered in Switzerland, but a lot of the FuzeX team operates from South Korea (including our manufacturing facility). BrilliantTS, which developed Fuze, is also based in South Korea.

Yes. Find all the details you need about it here.

Related posts:

Conventional wisdom would forbid forming one’s judgment of the character of another basing on the experience of a fleeting moment of interaction and communion — mostly rightly so as Ms. Christina…

Toxic behavior can be destructive to personal relationships, professional environments, and one’s mental health. Recognizing toxic behavior in oneself and taking steps to avoid it is crucial for…

Once upon a time in Delhi, a writer sojourned for a weekend at a Five Star hotel, “on a date with magic”. But little did he know that a few weeks later, he would be suing the very hotel for…