CARD:
Currently the majority of the crypto cards on the market allow conversion only from Bitcoin or Ethereum to Fiat currencies. With this process, crypto currency holders who want to pay using crypto currencies, have to go through a 3 step process. These steps imply that users have to bear different transactions costs and long processes to get their money out of their wallets. With Neox card we want to create a smoother process allowing users to make real time transactions with a single transaction and single fee. Neox card simplifies crypto use for every day purchases. The Neox card project aims to bring cryptocurrencies to people’s daily life through a user-friendly Our goal is to help people use cryptocurrencies in their daily life just like they do with Fiat currencies.
This will benefit the whole cryptocurrency ecosystem. In fact, by incentivizing the user of cryptocurrencies in their daily life, the industry will gain more acceptance amongst regulators that remain sceptical.
In order to reach this goal, Neox card will introduce to the market functionalities, that will spur the user adoption by improving two fundamental aspects of the cryptocurrency conversion process. The user can choose to order a virtual and/or physical debit card directly in the Neox app. As a security measure, we allow a user to lock and unlock his card through the Neox app. This makes our system more secure than traditional credit and debit card systems.
Wallet App:
– Cryptocurrency exchange with more than 100+ altcoins.
– Freeze and unfreeze your Neox card with a single tap. This makes our system more secure than traditional credit and debit card systems.
– The ability to exchange money at precise interbank exchange rates using Neox card app.
– Profit sharing for each Neox holder in Ethereum.
– Free and real-time transfer of funds between Neox card users. Funds are instantly available on the recipients Neox Card.
– Crypto credit in fiat currency. This process is simpler and faster than other lenders
Payment Process:
Each time a user spends cryptocurrency or withdraws at an ATM, Neoxcard provides Fiat currencies in exchange for cryptocurrencies.
The Neox card allows users to transact real time payments without first needing to convert the cryptocurrency in their wallet.
Bonus structure:
- 30% Bonus = 2021-08-27 18:00 – 2021-09-27 18:00
- 20% Bonus = 2021-09-27 18:00 – 2021-10-27 18:00
- 15% Bonus = 2021-10-27 18:00 – 2021-11-27 18:00
- 10% Bonus = 2021-11-27 18:00 – 2021-12-27 18:00
Token Distribution:
A total of 1.050,000,000 NEX Tokens or 70% of the total token supply will be put up for sale. Remaining unsold tokens will be destroyed by burned.
After the Token Sale run all the further centralized token distributions will be carried out at the expense of the fund which is replenished with fee payments. The price will be determined according to the market quotes. Also, it will be taken into account that additional sale creates oversupply and therefore the risk of the decrease in market quotes. The distribution method must completely mitigate this risk in order to protect the rights of the Neox first Purchasers (for example, through distributing the tokens over a longer period of time).
Why Neox is better than competition?
– Interest rate on Token
– Multi-Wallet
– Crypto-Credit
– Available worldwide
– Real Time conversion
– Internal Exchange
– Profit sharing for token holder
PROFIT AND DIVIDEND DISTRIBUTION
Neox tokens are issued on a smart contract, using the ERC20 protocol on a fully decentralized Ethereum blockchain. Quarterly profit sharing is guaranteed by a smart contract. Every quarter, a distribution in the form of ETH will be made via a smart contract to all Neox token holders, representing 50% of Neox net quarterly profits after management fees and operating expenses.
REINVESTMENT / TOKEN BUYBACK
20% of net quarterly profits will be in Neox tokens reinvested for token value growth.
5% of net quarterly profits will be used to buy back and burn Neox tokens to increase token value and provide additional liquidity.
