What is the concept of this project about buying and selling of cryptocurrency with fiat?
sounds interesting, but still a little information, I will follow the continuation of this project.
here you will find the white paper
https://oxycoin.io/whitepaper.pdfAs the world’s curiosity towards cryptocurrency grows, investors are continuously attracted to the fascinating world of digital currencies. Unfortunately, the reality is that significantly less than 1% of the world’s population uses cryptocurrency, but why? We believe there are two major challenges that need to be tackled in order to pave the way for mass adoption. The first problem is user-facing. Many people want to invest in blockchain technologies; unfortunately very few have been able to due to the complexity of entering crypto-markets. The second problem is software development limitations. Developers lacking blockchain knowledge often find it difficult to grasp a full understanding of blockchain and its potential because the current tools do not facilitate the creation of decentralized applications. Therefore, many software developers are left in the dust and the full potential of blockchain technology remains largely untapped.
We are pleased to announce that the solution to the aforementioned problems is the OXYCOIN® Mobile Platform and OXYCOIN® Enhanced DAPP SDK (Decentralized App Software Development Kit). To solve the first problem, our mission is to enable investors wanting to enter the crypto-markets by simplifying the investment process. Our mobile platform will be the easiest way to purchase cryptocurrencies with FIAT and will also feature a central information hub where investors will receive any crypto-media they would need to make informed decisions. In short, we are building the one and only platform that has everything cryptocurrency investors need right at their fingertips.
After completing our first milestone - the OXYCOIN® mobile platform - we will tackle the second problem by creating the Enhanced DAPP SDK. This special tool will enable “non-blockchain developers” to build decentralized applications (DAPPs) using JavaScript and enable something truly powerful that has never been possible before – integration of DAPPS into the mobile and web world! Developers will no longer have to worry about the backend. Our technology manages the backend work behind the scenes and essentially allows DAPPs to “talk” with our blockchain through Application Program Interfaces (APIs). For once, developers will have the tools they need to solely focus on what matters - building their frontend.
Though we are going to deliver revolutionary tools with the DAPP SDK, it’s important to highlight the underlying potential behind the OXY token itself. Developers will have the ability to take advantage of use cases such as “OXY in-app mobile payment system”, instead of using the expensive options such as Google Play which charges 30%. In short, we are removing the limitations which have prevented non-blockchain developers from bringing in fresh mobile and web ideas into the crypto world while also giving them competitive solutions for micropayments, in-app purchases, subscription models, marketplaces, and e-commerce websites.
We hope you are as excited about our plans as we are. It is time to make a change. To make mass adoption of cryptocurrencies possible, we must work together. OXYCOIN® will make it possible for new investors and software developers to join the wonderful world of cryptocurrencies, which is filled with technological and financial opportunities.
An Initial Coin Offering, a common way of starting a project in crypto-currency world, will be used to generate the seed funding that is needed to support our project goals. It's the perfect opportunity to support our project before we hit the markets.
The ICO details can be found on the ICO section of this website.