Topic: [ANN][ICO] ⚡ ZEEX ⚡ ⚡ CRYPTO TO PRODUCT ⚡ NO FIAT, NO FEES ⚡ - page 172. (Read 193772 times)

I don't think they wrote that it would be cheaper, just simpler and prioritized.

with zix token possibly easier to use platform? also the added cheaper price could be great.

it is understandable that users who run ZIX tokens will have the more benefits

It's logical that zix holders would be incentivized. That is a good approach. Thanks for sharing.

To begin with only ZIX and ETH will be accepted on the Zeex platform. However you will be able to convert other tokens to ZIX easily on Bancor.

Absolutely, ZIX holders will get priority for high-demand gift cards! The ZIX token also acts as collateral and only ZIX owners are able to use the Zeex protocol, you can read more here: https://medium.com/the-zeex-protocol/zivs-ama-was-a-great-opportunity-for-us-to-answer-some-burning-questions-from-our-community-6dd06ab2bb25

so by ZIX being on Bancor, does that mean that we can convert any ERC20 toekn to ZIX? You mentioned that we could only convert ETH, but if it is on Bancor I assume that's not accurate?

You just make a deposit of any crypto to your Wirex, they convert it to Bitcoin and then you just use Wirex like it is any other normal credit card to pay anywhere you like.There are fees for conversion and some fees if you use ATM.

Zeex will be part of Bancor's Liquidity Exchange which is a cross-chain platform that allows its users to seamlessly convert from ERC20 token to ERC20 token. To begin with only ZIX and ETH will be accepted on the Zeex platform. As time goes on we plan to add support for many more tokens. We're partnering with up with Bancor which will allow all tokens in Bancor's liquidity network (50+ ERC20 tokens to date) direct conversion to ZIX. You can learn a little bit more about Bancor here-https://youtu.be/ySeir-M2nj0

To begin with only ZIX and ETH will be accepted on the Zeex platform. However you will be able to convert other tokens to ZIX easily on Bancor.

Zeex will be part of Bancor's Liquidity Exchange which is a cross-chain platform that allows its users to seamlessly convert from ERC20 token to ERC20 token. To begin with only ZIX and ETH will be accepted on the Zeex platform. As time goes on we plan to add support for many more tokens. We're partnering with up with Bancor which will allow all tokens in Bancor's liquidity network (50+ ERC20 tokens to date) direct conversion to ZIX. You can learn a little bit more about Bancor here-https://youtu.be/ySeir-M2nj0

one thing I like about Zeex that has been recently overlooked is their support for ERC20 to ERC20 conversion via BANCOR. No need to flick to ETH, just straight to ZIX!

Can anyone explain how Wirex works? Same as any other debit card or?

Currently, the gift card market is a 700 billion dollar a year market and will surpass 1 trillion in the next few years. We believe that in a few years we will have the largest share in the "crypto to gift card" space and will have partnerships with gift card providers all over the world with thousands of different brands.

Our vision down the road is to skip fiat altogether for crypto holders and move away from the old way of doing business. We aim to create a direct line between crypto to product and services. Right now the best way to set trajectory is to create an effiecient disrupt to crypto payments.

We have near-direct competition in the form of websites like centz and giftoken who both did unsuccessful ICO's. As it seems they lack the connections to retailers and financial backing that we have. Indirectly, we compete with TenX and other debit card companies that work with crypto. We stand out because of our backing and because of our existing networks, we are ready to roll on day one. Unlike these companies, we already have deals with major brands to give us significant discounts that we can pass on to our users and we have the know how to keep it rolling forward. More importantly than backing and existing networks, we are completely decentralized. We also avoid fiat and fees entirely rather than charge extra for the conversion like most service providers.

 

The numbers you mentioned are truly impressive. And if we add to the fact that you currently don't have the right competition this project will certainly be successful.

The backing they have with Zeek is something that definately seperates them from any possible competition.

The numbers you mentioned are truly impressive. And if we add to the fact that you currently don't have the right competition this project will certainly be successful.

Currently, the gift card market is a 700 billion dollar a year market and will surpass 1 trillion in the next few years. We believe that in a few years we will have the largest share in the "crypto to gift card" space and will have partnerships with gift card providers all over the world with thousands of different brands.

Our vision down the road is to skip fiat altogether for crypto holders and move away from the old way of doing business. We aim to create a direct line between crypto to product and services. Right now the best way to set trajectory is to create an effiecient disrupt to crypto payments.

We have near-direct competition in the form of websites like centz and giftoken who both did unsuccessful ICO's. As it seems they lack the connections to retailers and financial backing that we have. Indirectly, we compete with TenX and other debit card companies that work with crypto. We stand out because of our backing and because of our existing networks, we are ready to roll on day one. Unlike these companies, we already have deals with major brands to give us significant discounts that we can pass on to our users and we have the know how to keep it rolling forward. More importantly than backing and existing networks, we are completely decentralized. We also avoid fiat and fees entirely rather than charge extra for the conversion like most service providers.