flashmoniltd
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January 30, 2018, 04:34:13 PM |
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How will you ensure anti-theft protection?
During a transaction, unlike in the traditional magnetic-stripe card, the chip creates a unique, one-time transaction code, which, as the description suggests, cannot be reused. This helps to prevent card counterfeiting. |
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mountainskyman
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January 30, 2018, 05:39:35 PM |
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Why there are two types of tokens? For what?
Please take note that Flashmoni created two types of tokens namely OZG and OZT ( the first one for a private token backed with physical gold called. The later one on is a public token). Based on the Ethereum and Blockchain, it will be used within the FLASHMONI ecosystem. The value of one OZT is onetwentieth (1/20) of the value of the OZG. Each OZG token is backed by one grain of gold (i.e. 1 grain of gold = 1 OZG). You would need 480 grains of gold to have one ounce of 24-karat gold. We set the core value of our utility token (OZT) at $0.137. Of course, its value will change according to the bid and ask market’s mechanism. How will this solve the volatility and valuation issues? |
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sergey345
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January 30, 2018, 05:45:30 PM |
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It is ERC-20 token?
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flashmoniltd
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January 30, 2018, 05:54:15 PM |
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It is ERC-20 token?
Yes, it is |
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flashmoniltd
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January 30, 2018, 06:00:51 PM |
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Why there are two types of tokens? For what?
Please take note that Flashmoni created two types of tokens namely OZG and OZT ( the first one for a private token backed with physical gold called. The later one on is a public token). Based on the Ethereum and Blockchain, it will be used within the FLASHMONI ecosystem. The value of one OZT is onetwentieth (1/20) of the value of the OZG. Each OZG token is backed by one grain of gold (i.e. 1 grain of gold = 1 OZG). You would need 480 grains of gold to have one ounce of 24-karat gold. We set the core value of our utility token (OZT) at $0.137. Of course, its value will change according to the bid and ask market’s mechanism. How will this solve the volatility and valuation issues? Exactly to this question we have an explanation in Whitepaper https://drive.google.com/file/d/10tlNa7GwOlaV7ZD7ovmYaOLq5sLSwUlU/viewOn pages 49-51 |
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QAForMe
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January 31, 2018, 03:25:04 AM |
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Will there be audited statements released of the gold bullion holdings that are backing this?
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Mrliberty
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January 31, 2018, 04:56:04 AM |
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WOW!!! What a nice project
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flashmoniltd
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January 31, 2018, 05:05:52 AM |
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Will there be audited statements released of the gold bullion holdings that are backing this?
Hello, If I get you right...... Bullion purchase for the backing: 50% will be used to buy gold bullion from our trusted mining partners, while 20% Au stock production for the backing while 30% will be invested in the company. Hope that answered your question. |
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flashmoniltd
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January 31, 2018, 05:28:17 AM |
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WOW!!! What a nice project
Yeah, thank you  |
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thaliaand
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January 31, 2018, 05:30:49 AM |
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I see quite a lot of the features offered by this platrom. So also with the products to be launched. From mobile app, wallet, exchange, ATM, and Card even advertising. I think the platfrom is attractive and potentially when looking at the many features in one platform, because it will provide many conveniences. But of course needed equity and the range of products and features that can be used anywhere.
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flashmoniltd
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January 31, 2018, 05:34:09 AM |
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I see quite a lot of the features offered by this platrom. So also with the products to be launched. From mobile app, wallet, exchange, ATM, and Card even advertising. I think the platfrom is attractive and potentially when looking at the many features in one platform, because it will provide many conveniences. But of course needed equity and the range of products and features that can be used anywhere.
Thank you so much for your observations. |
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labilaab
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TRADE WITH NEGATIVE FEES
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January 31, 2018, 07:01:09 AM |
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Very great project concept. I can bet this will be for a lifetime project. Goodluck dev and team. Joined your airdop.
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Vaerros
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January 31, 2018, 08:09:23 AM |
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When are you going to test Flash Cryptostation ATM?
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flashmoniltd
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January 31, 2018, 09:42:10 AM |
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Very great project concept. I can bet this will be for a lifetime project. Goodluck dev and team. Joined your airdop.
Thank you for support! |
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flashmoniltd
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January 31, 2018, 10:00:16 AM |
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When are you going to test Flash Cryptostation ATM?
In Q2 2018 |
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Freaks
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January 31, 2018, 10:15:24 AM |
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You have any demo video presentation link for OTZ Card. I saw that kind card of card before this so that I'm quite sure you stole this idea from that project but no idea how you will develop this product within roadmap.
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denam
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January 31, 2018, 10:22:21 AM |
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I could be more astonished from your card if I didn't watch working card during Bitcoin Miami conference already of other project. It is all open source space anyone can take the code and improve it to present better product. I will be looking for technical information about your business model.
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flashmoniltd
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January 31, 2018, 11:29:36 AM |
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You have any demo video presentation link for OTZ Card. I saw that kind card of card before this so that I'm quite sure you stole this idea from that project but no idea how you will develop this product within roadmap.
Not yet, we are preparing this for near future. You will like it! |
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sartredd
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January 31, 2018, 12:00:50 PM |
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I didn't understand, how cryptostation works?
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flashmoniltd
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January 31, 2018, 12:20:16 PM |
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I didn't understand, how cryptostation works?
Flash CryptoStation is a device that enables the opening of Flashmoni’s blockchain-powered finance solution to all countries suffering from a lack of financial services. The device will be a cash-in machine to convert local currencies into cryptocurrency. You can find more about it in our WP |
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