Jeff Berwick interviews Mo Abbas and Tanshul Kumar of MoxyOne, topics include: debit cards and payment systems for alt coins, a normal debit card experience with crypto-liquidity behind the scenes, just in time funding, off chain near zero fee transactions, SPEND tokens, ICO is in main sale phase, SPEND tokens have utility and are the native currency of the MoxyOne system, partnered with CobinHood, an exclusive listing on Cobinhood, MoxyOne can bring spend ability to all the altcoins, will help the crypto industry and economy.
MoxyOne website: https://moxy.one
MoxyOne on Telegram: @moxyone
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How are they going to be anymore successful than the 5 or six other companies trying to do the same thing and being rejected by visa and mastercard? Tenx cards got shut down. The card masters do not want competition and will do all in their power to squash us like a bug.
An important step in the right direction although it comes out late after TenX and others...
So the program as to be a lot better then...
Are these only for the US? In Europe we seem to miss out on these.
More and more debit card companies should come out and provide the service to millions. Its a forefront adoption in mass scale.
It's for Visa terminals? I hope it will work. We need that kind of stuff!
They are not the first. There are already many projects with similar goals. Let them compete. And ... let the strongest (and the best) win.
Nice post. It will help people to move money from crypto to Fiat currency.
How do you think this compares to MTL, MCO or Litepay?
I'm personally most excited about Monaco, but Metal also seems good. I think this is about to become a crowded space and more needs to be on offer than just a crypto debit card. MCO offers cashback rewards, limited free ATM cash withdrawals and airport lounge access with their platinum cards, they also have metal cards which look really nice. MTL also has a system to reward you for spending.
I do like the concept of Moxyone and what it is trying to achieve but id like to know how it plans to stand out from similiar projects like Crypterium and Tenx
Thanks for sharing this photography post very nice
This is not a photography post :P
This is a good piece of information..
I hope to make wave in cryptocurrency very soon..
Why not right now? :P
Still working on it
Thank you for your tireless work
I really wish this one to work i used to have XAPO, UPHOLD, WIREX, COINIZY cards and then visa and mastercard BANNED everyone outside european territory, so a card like this is needed.
Why use a card when you have a smart phone?
So many companies trying to do this and fail. Who backs their money? Needs to be trillions to cover what they are trying to do.
+1 for a shift card user, looking into some more diverse options with altcoins but have closed all but one of my "traditional" bank accounts. Last account will be gone within six months. :)