✨[ANN] [ICO] FLUZ FLUZ - EARN PASSIVE INCOME EVERYTIME OTHERS SHOP [JAN. 18]✨ - page 43.

faulerwilli

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Quote from: BaliScript on December 05, 2017, 08:26:39 AM

Quote from: Ares0211 on December 05, 2017, 07:25:49 AM

Quote from: mvillar on December 04, 2017, 05:17:37 PM

After reading the whitepaper, there's still a thing I'm not sure... If you are on a tier1 seat, you get cashback from your direct referrals under you or a cut from everyone on the lower tiers?

Let me explain it: the hole network (everyone, also the Premier seat owner, If he want) is buying, the hole network gets cash back, but the proportions are different, as the premier seat owner gets 50%
So the person who had payed for bis participation, get the most. The others much less. But who cares? I mean they register on the app and afterwards they get a small amount of money everytime someone buys something. Nice to have, isnt it? ;d

What kind of benefits does Fluz Fluz get when people join the network? They dont have to pay and will have passive income, thats great, but what does Fluz Fluz gain from this? Advertising?

I think it will be easier to find new prospects for your cashback program if you already have many app-users. Everyone in the network is a potential customer for the companies that want to offer cashback via fluzfluz

phantam

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Bountyhive.io

Like you said the US is one of the largest retail markets, and the US also loves its cashback programs, look at all the churners out their their almost all US based. So its definitely the right market to focus on.

cryptossi

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Quote from: ganeshramk on December 05, 2017, 08:13:44 AM

Quote from: cryptossi on December 05, 2017, 07:45:59 AM

This article posted by Fluz Fluz on their twitter answers a lot of everyones questions about the project.

https://medium.com/@fluzfluz/questions-after-d10e-conference-5dcce5f41289

1. They're initially releasing the service in the US but 'the sky's the limit' and I think they will expand to a lot of countries afterwards.

2. Everyone in Fluz Fluz network will earn cashback not just the premier seats. It will be at a lower % to premier seats.

3. They want to launch in US by mid-2018.

I hope this helps.

This is a good read indeed. It has most of the information. I can understand why they want to capture US market first. Its a good initiative. Is this ICO also open for US citizens?

Mid 2018 is not that far away. Good job Fluz Fluz team.

Yes the US retail market is probably the biggest in this world so I also understand why they have focused on the US. It also looks like a lot of the companies that Fluz Fluz are offering cashback on purchases are US based for example Nike, Uber, Amazon & Puma etc.

phantam

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Bountyhive.io

Quote from: BaliScript on December 05, 2017, 08:26:39 AM

Quote from: Ares0211 on December 05, 2017, 07:25:49 AM

Quote from: mvillar on December 04, 2017, 05:17:37 PM

After reading the whitepaper, there's still a thing I'm not sure... If you are on a tier1 seat, you get cashback from your direct referrals under you or a cut from everyone on the lower tiers?

Let me explain it: the hole network (everyone, also the Premier seat owner, If he want) is buying, the hole network gets cash back, but the proportions are different, as the premier seat owner gets 50%
So the person who had payed for bis participation, get the most. The others much less. But who cares? I mean they register on the app and afterwards they get a small amount of money everytime someone buys something. Nice to have, isnt it? ;d

What kind of benefits does Fluz Fluz get when people join the network? They dont have to pay and will have passive income, thats great, but what does Fluz Fluz gain from this? Advertising?

I'd imagine it's more a deal with vendors, fluz makes a deal with dominos for say 1% sale revenue, and thats whats giving value, but i could be wrong. But it's the way it would make sense to me and would make it a pretty solid plan. It's basically a "miles" program but for random vendors, and instead of miles, its crypto

BaliScript

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Activity: 140

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Quote from: Ares0211 on December 05, 2017, 07:25:49 AM

Quote from: mvillar on December 04, 2017, 05:17:37 PM

After reading the whitepaper, there's still a thing I'm not sure... If you are on a tier1 seat, you get cashback from your direct referrals under you or a cut from everyone on the lower tiers?

Let me explain it: the hole network (everyone, also the Premier seat owner, If he want) is buying, the hole network gets cash back, but the proportions are different, as the premier seat owner gets 50%
So the person who had payed for bis participation, get the most. The others much less. But who cares? I mean they register on the app and afterwards they get a small amount of money everytime someone buys something. Nice to have, isnt it? ;d

What kind of benefits does Fluz Fluz get when people join the network? They dont have to pay and will have passive income, thats great, but what does Fluz Fluz gain from this? Advertising?

Sozialtourist

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Quote from: Crypt-O-Fiend on December 04, 2017, 05:11:42 PM

Quote from: Sozialtourist on December 04, 2017, 04:48:21 PM

Quote from: cryptossi on December 04, 2017, 11:15:32 AM

From reading the Whitepaper, I believe they have started the project off in Colombia and they will be launching the project in the US in 2018. This doesn't mean you have to live in Colombia or the US to be involved in the ICO and I think they have plans to expand worldwide if the project is successful.

So if they are planning to launch the project in the US, does anyone know if they allow citizens from the States to participate in the ICO?

I do not think that Donald can put a big edge on anyone trying to get involved through ETH or BTC. Maybe it will be problematic later in the payout, but as long as the US tax authorities get their taxes, they do not care.

Well, it's not that easy. If the tokens are classified as security tokens they become subject to SEC regulations. Therefore a lot of projects better decide to play safe and ban all US citizens from taking part in the ICO.

I was wondering what decision Fluz Fluz made about this.

ganeshramk

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Quote from: cryptossi on December 05, 2017, 07:45:59 AM

This article posted by Fluz Fluz on their twitter answers a lot of everyones questions about the project.

https://medium.com/@fluzfluz/questions-after-d10e-conference-5dcce5f41289

1. They're initially releasing the service in the US but 'the sky's the limit' and I think they will expand to a lot of countries afterwards.

2. Everyone in Fluz Fluz network will earn cashback not just the premier seats. It will be at a lower % to premier seats.

3. They want to launch in US by mid-2018.

I hope this helps.

This is a good read indeed. It has most of the information. I can understand why they want to capture US market first. Its a good initiative. Is this ICO also open for US citizens?

Mid 2018 is not that far away. Good job Fluz Fluz team.

cryptossi

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Activity: 504

Merit: 106

★Bitvest.io★ Play Plinko or Invest!

This article posted by Fluz Fluz on their twitter answers a lot of everyones questions about the project.

https://medium.com/@fluzfluz/questions-after-d10e-conference-5dcce5f41289

1. They're initially releasing the service in the US but 'the sky's the limit' and I think they will expand to a lot of countries afterwards.

2. Everyone in Fluz Fluz network will earn cashback not just the premier seats. It will be at a lower % to premier seats.

3. They want to launch in US by mid-2018.

I hope this helps.

Sozialtourist

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Activity: 686

Merit: 101

Quote from: jamzzz123 on December 05, 2017, 05:34:30 AM

Quote from: BaliScript on December 05, 2017, 04:46:53 AM

The Fluz Fluz team seems to be very active. They were in Silicon Valley on Nov 30th and will be at the Planet BlockChain Dubai soon.

https://twitter.com/PlanetBlockC/status/936663718276009985
Exciting Blockchain Projects showcased at the Media One Hotel in Media City, this Saturday, the 9th of December 2017!

This is a great find, thanks Bali - another good observation.

Good to see they are working hard in order to get this kick started into 2018.

Hopefully we'll continue to see more events get booked in

Yes, really great that they are constantly promoting their project. Hopefully, they can attract some big investors and convince them about the vision they have with their project.

Ares0211

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Activity: 154

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Quote from: mvillar on December 04, 2017, 05:17:37 PM

After reading the whitepaper, there's still a thing I'm not sure... If you are on a tier1 seat, you get cashback from your direct referrals under you or a cut from everyone on the lower tiers?

Let me explain it: the hole network (everyone, also the Premier seat owner, If he want) is buying, the hole network gets cash back, but the proportions are different, as the premier seat owner gets 50%
So the person who had payed for bis participation, get the most. The others much less. But who cares? I mean they register on the app and afterwards they get a small amount of money everytime someone buys something. Nice to have, isnt it? ;d

cryptossi

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Activity: 504

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★Bitvest.io★ Play Plinko or Invest!

This is a really exciting project, there a lot of benefits to purchasing the tokens and becoming a premier seat. The main benefit is that you can earn passive income from members of your network shopping with popular retailers including Amazon, Nike & Uber.

Ares0211

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Activity: 154

Merit: 10

Quote from: Owillz on December 05, 2017, 02:25:33 AM

Quote from: monineklutak on December 05, 2017, 02:00:46 AM

Quote from: faulerwilli on December 05, 2017, 01:51:34 AM

Quote from: BaliScript on December 05, 2017, 12:25:20 AM

I like the cashback system of Fluz Fluz. You earn cash back rewards when anyone in your network purchases.
My question is, how do you build your network? In the whitepaper I only read that you can buy a seat in a network with Fluz token, is this the same thing?

yes, that's how I understood it. You "buy" the chair of your network, then you tell your friends "Hey, there's a new cashback system, sign up and you get money back" These friends can then invite new friends and so the network grows. However, the recruited friends do not have to pay anything, as is often the case with similar systems

Really our friend does not have to pay anything, because the system runs like multi-level marketing where the place is the highest seat that will get a lot of income. Because the cashback system is applied then we must invite to make a deposit to the system to get cash back. Is that so?

Hmmmm. This seem to be posing lot of controversies. Would be nice if someone can get that part of their website translated and pasted here for us to read and share our views based on our understanding. My opinion though

No controversity (:

You have two options

1. Buy a premier seat with no network and build a network.

2. Buy an existing Network and pay more

For the normal Network members: come in and earn money, much less than the premier seat owner, but who cares, you do not pay for it like the premier seat owner (;

Its a snowballsystem in a positive way, because no one looses.

mvillar

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Activity: 266

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Quote from: ganeshramk on December 05, 2017, 05:12:34 AM

This is something I have seen in their executive summary..

"The FLUZ token can be used to purchase premier network seats. Seats are also sellable and payment can be made in FIAT, cryptocurrencies between seller and buyer."

This is interesting as network seats can be sold to others which is not unique with other reward systems as of now. May be I am wrong. If somebody have clear explanation, I am very happy to hear from you guys..

This could be another way you could profit from tier1/tier2 seats not being in Colombia/USA, but it doesn't appeal to me as much as receiving a cut from all the people under your tier.

cryptossi

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★Bitvest.io★ Play Plinko or Invest!

Quote from: faulerwilli on December 05, 2017, 01:51:34 AM

Quote from: BaliScript on December 05, 2017, 12:25:20 AM

I like the cashback system of Fluz Fluz. You earn cash back rewards when anyone in your network purchases.
My question is, how do you build your network? In the whitepaper I only read that you can buy a seat in a network with Fluz token, is this the same thing?

yes, that's how I understood it. You "buy" the chair of your network, then you tell your friends "Hey, there's a new cashback system, sign up and you get money back" These friends can then invite new friends and so the network grows. However, the recruited friends do not have to pay anything, as is often the case with similar systems

This is how it will work I think and then you will get your own affiliate link to send round to friends/followers to join and because you're the premier seat you will get a bigger % reward because you will get bonuses from the people you have referred to Fluz Fluz.

Owillz

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Activity: 532

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Quote from: ganeshramk on December 05, 2017, 05:12:34 AM

This is something I have seen in their executive summary..

"The FLUZ token can be used to purchase premier network seats. Seats are also sellable and payment can be made in FIAT, cryptocurrencies between seller and buyer."

This is interesting as network seats can be sold to others which is not unique with other reward systems as of now. May be I am wrong. If somebody have clear explanation, I am very happy to hear from you guys..

Yea. Simple explanation is if you purchase a premium seat with your fluz coin and for any reason you don't want it any more, you can sell it out to someone who wants it they will pay you in either crypto or fiat. But what I don't get yet is what crypto will the seller be paid on? Any crypto or fluz coin?? And also why add the option of paying in fiat when you have a Crypto currency made by your platform? Won't the fiat option make people less consider the crypto payment option??

jamzzz123

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Activity: 350

Merit: 16

Quote from: BaliScript on December 05, 2017, 04:46:53 AM

The Fluz Fluz team seems to be very active. They were in Silicon Valley on Nov 30th and will be at the Planet BlockChain Dubai soon.

https://twitter.com/PlanetBlockC/status/936663718276009985
Exciting Blockchain Projects showcased at the Media One Hotel in Media City, this Saturday, the 9th of December 2017!

This is a great find, thanks Bali - another good observation.

Good to see they are working hard in order to get this kick started into 2018.

Hopefully we'll continue to see more events get booked in

mvillar

full member

Activity: 266

Merit: 100

Quote from: ganeshramk on December 05, 2017, 02:06:39 AM

Quote from: monineklutak on December 05, 2017, 02:00:46 AM

Quote from: faulerwilli on December 05, 2017, 01:51:34 AM

Quote from: BaliScript on December 05, 2017, 12:25:20 AM

I like the cashback system of Fluz Fluz. You earn cash back rewards when anyone in your network purchases.
My question is, how do you build your network? In the whitepaper I only read that you can buy a seat in a network with Fluz token, is this the same thing?

yes, that's how I understood it. You "buy" the chair of your network, then you tell your friends "Hey, there's a new cashback system, sign up and you get money back" These friends can then invite new friends and so the network grows. However, the recruited friends do not have to pay anything, as is often the case with similar systems

Really our friend does not have to pay anything, because the system runs like multi-level marketing where the place is the highest seat that will get a lot of income. Because the cashback system is applied then we must invite to make a deposit to the system to get cash back. Is that so?

My guess is that our friends might have to register in their website or some means to get into the network. Honestly, this system is there and I know for sure if exists in Europe. I am still trying to identify the unique advantage of fluz flux. May be is just me...😣

I don't think it works like that because it says (I can't remember if in the WP or the website) that if you are in any country where they don't operate yet, you can still profit from one tier1 seat. Anyway it would be great it the team could clear this for us.

ganeshramk

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Activity: 868

Merit: 104

This is something I have seen in their executive summary..

"The FLUZ token can be used to purchase premier network seats. Seats are also sellable and payment can be made in FIAT, cryptocurrencies between seller and buyer."

This is interesting as network seats can be sold to others which is not unique with other reward systems as of now. May be I am wrong. If somebody have clear explanation, I am very happy to hear from you guys..

BaliScript

member

Activity: 140

Merit: 11

The Fluz Fluz team seems to be very active. They were in Silicon Valley on Nov 30th and will be at the Planet BlockChain Dubai soon.

https://twitter.com/PlanetBlockC/status/936663718276009985
Exciting Blockchain Projects showcased at the Media One Hotel in Media City, this Saturday, the 9th of December 2017!

jamzzz123

member

Activity: 350

Merit: 16

Quote from: ganeshramk on December 05, 2017, 02:06:39 AM

Quote from: monineklutak on December 05, 2017, 02:00:46 AM

Quote from: faulerwilli on December 05, 2017, 01:51:34 AM

Quote from: BaliScript on December 05, 2017, 12:25:20 AM

I like the cashback system of Fluz Fluz. You earn cash back rewards when anyone in your network purchases.
My question is, how do you build your network? In the whitepaper I only read that you can buy a seat in a network with Fluz token, is this the same thing?

yes, that's how I understood it. You "buy" the chair of your network, then you tell your friends "Hey, there's a new cashback system, sign up and you get money back" These friends can then invite new friends and so the network grows. However, the recruited friends do not have to pay anything, as is often the case with similar systems

Really our friend does not have to pay anything, because the system runs like multi-level marketing where the place is the highest seat that will get a lot of income. Because the cashback system is applied then we must invite to make a deposit to the system to get cash back. Is that so?

My guess is that our friends might have to register in their website or some means to get into the network. Honestly, this system is there and I know for sure if exists in Europe. I am still trying to identify the unique advantage of fluz flux. May be is just me...😣

Interesting.... I think it's a good concept but does require some clarification on the ins and outs - good idea, and if it takes off - will be a good 'snowball' effect

Topic: ✨[ANN] [ICO] FLUZ FLUZ - EARN PASSIVE INCOME EVERYTIME OTHERS SHOP [JAN. 18]✨ - page 43. (Read 13570 times)