Project Update 9: 20.07.2018

FuzeX
FuzeX
Published in
5 min readJul 20, 2018

Due to the Blockchain Week in Seoul and Closed Beta Test(CBT), this week’s update consists of minor updates. Nevertheless, kindly look forward to upcoming special announcements starting next week for our FuzeX community. Please read the below information regarding Airdrop, Bounty Program, FuzeX participating events, etc. If you have any questions, please reach us at our Telegram page.

Events

Blockchain Partners Summit 2018, July 21~22

FuzeX will participate as a Gold Sponsor at the “Blockchain Partners Summit”, which will be held at the Walkerhill Hotel from July 21 to the 22nd. Additionally, Andrew Bae, the CEO of FuzeX will do a presentation about “The Future of Cryptocurrency Payments”. The speech will explore the limitations of contemporary cryptocurrency payments and how to improve upon current limitations.

There will also be presentations from Binance CEO Changpeng Zhao, Qtum CEO Patrick Dai, NEO CEO Da Hong Fei, Bitcoin.com CEO Roger Ver, and Tron CEO Justin Sun.

We hope that this weekend summit will not only attract various oversea business, but also attract Korean businesses that normally cannot attend weekday conferences.

Beyond Blocks Summit 2018, July 16~17

FuzeX has participated in the the “Beyond Blocks Summit” during the “Korea Blockchain Week” and has met with various domestic and international projects. Through the summit, the FuzeX team was able to confirm recent trends and establish various strategic partnerships, which will be announced in future news.

Beyond Blocks Summit 2018

FuzeX Acquires the 19th Patent

FuzeX has recently obtained US patents for payment cards that will become FuzeX Card’s hardware platform. (US 9,858,519 — registration completed, US 9,984,320 — registration completed, US 15 / 326,367 — registration process in progress.)

This is the 19th patent that we obtained and proves that the FuzeX Card has the best technology in the world.

[About Patent]
We have obtained various patents to expand and build its own Fuze Business such as original patents for Fuze cards, patents to enhance card security and other patents to improve user usability. (US 9,984,320, US 9,858,519, US 15/326,367, 2016–0060445, 10–1783708, 10–1783710, 10–1728522, 10–1613855)

In addition, FuzeX team is currently pursuing to acquire various patents regarding FuzeX’s unique cryptocurreny payment platform or blockchain technology itself. As shown in our current patents, we offer distinguishing strength in our technology field, which provides the competitive edge over other projects. We believe that the FuzeX will be the only smart card technology that provides a unique experience for our users in the crypto-fiat payment field.

You are more than welcome to visit our office and see many of our patents at any time.

FuzeX Marketing

As part of the “FXT Buyback” program, the following will introduce various marketing campaigns that are in motion to promote FuzeX.

2 Million FXT Airdrop Event has Ended

With everyone’s participation and support, last week’s Airdrop Event to celebrate CBT has came to an early closure. Thank you again for all of your support and interests in FuzeX.
*Following data is un-filtered data. FuzeX Team will filter unusual activities, and update for further notice.

  • Event Period : July 13th, 9AM ~ July 14th, 4PM (UTC+9/KST)
  • Total Participation : Approx. 19,000 accounts
  • Telegram Newcomers : Approx. 22,000 accounts
  • Final Announcement after Review : Aug 10th, 2018 (Will Announce when Project is Updated)
  • Distribution Period : From August 13, 2018 (For 3 weeks)

* To prevent any victims from unusual referral registrations(bots, macro programs, etc.), FuzeX Team will run an internal reviewing process. The team will openly announce the result after the review. If the total usage of the FXT was not achieved through this Airdrop Event, FuzeX will run additional event that will utilize the excess FXT balance.

Bounty Event Start

1 Million FXT Bounty Event began on July 18th. Please, support FuzeX community and project by participating and sharing the event among your peers! Thank you in advance for your support and participation!

  • Bounty Period : July 18, 2018 ~ August 21, 2018 (3 weeks)
  • Campaign Category: Content Creation (40%), Twitter (20%), Facebook (10%), Reddit (10%), BitcoinTalk (20%)
  • Application Guidelines : Visit Official FuzeX Website (www.fuzeX.co)

Lock up Event Details

As announced, FuzeX Team will accept FXT Lock-up applications starting next week, July 25th.

  • Lock-up FXT Amount : Min. 75,000 FXT
  • Lock-up Application Period : July 25th, 2018 ~ Aug 3rd, 2018
  • Lock-up Start Period : Aug 8th, 2018 ~ Oct 7th, 2018 (2 Month Period)
  • Unlock : Oct 7th, 2018
  • Distribution Basis : First Come First Serve 500 accounts (Application Chronological Order)
  • Reward : FuzeW (Hardware Wallet) Distribution
  • Participation Method:
  1. Input ETH Address & E-mail Address in the Event Participation Page
  2. Maintain Minimum of 75,000 FXT in ETH Address at all times (during Lock-up Period)
  3. Distribution Notice will be announced to the participants who have maintained Minimum of 75,000 FXT in ETH Address.

* CANNOT participate with an exchange ETH Address. MUST use a private ETH Address to participate.

* Trading is possible during the Lock-up Period as long as the minimum balance of 75,000 FXT remains in the account.

Coming Soon : Closed Beta Test

The FuzeX Team is fully prepared to carry out the CBT(Closed Beta Test). As announced beforehand, the CBT will proceed from July 26 to 27. There will be a CBT progression video that will be published on July 30th.

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