FLUZCOIN: THE INTELLIGENT RETAIL PROTOCOL

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It’s true that Cryptocurrencies and Blockchain, the underlying technology, have come a long way since 2009. Although the decentralized control of each Cryptocurrency works through distributed ledger technology, typically a blockchain that serves as a public financial transaction database, it still has its problems and flaws. One of the features cryptocurrency lacks in comparison to credit cards, for example, is consumer protection against fraud, such as chargebacks. An enormous amount of energy goes into proof-of-work cryptocurrency mining, although Cryptocurrency proponents claim it is important to compare it to the consumption of the traditional financial system.
There are also purely technical elements to consider. For example, technological advancement in Cryptocurrencies such as Bitcoin results in high up-front costs to miners in the form of specialized hardware and software. Cryptocurrency transactions are normally irreversible after a number of blocks confirm the transaction. Additionally, Cryptocurrency can be permanently lost from local storage due to malware or data loss. This can also happen through the destruction of the physical media, effectively removing lost Cryptocurrencies forever from their markets. The Cryptocurrency sector is wrought with highs and lows an example could be seen in 2017 when it came down, which increased not only Bitcoin but other coins as well which has given users and some government reasons not to deviate from fiat currency to Cryptocurrency for retail purchases because it is risky. Governments and some individuals are totally against it. Cyptocurrency covers almost every aspects daily as long as its online, but still the promise of daily use of Cryptocurrencies as a payment method has, so far not been realized. Transactions has been too slow, costs been unstabilized, higher transactions fees on the retail merchant. One other barrier for its widely acceptance is the lack of uncertainty regulatory framework by governments so as not to totally eliminating the banking system. For a widespread of its usage and its acceptances these issues has to be fixed. Its true that a viable solution for the excessive volatility has not yet come to function but Fluzcoin has designed a Blockchain based retail coin solution that specifically targets the retail industry.

Fluzcoin, as an independent retail coin structured in computer-aided governance, solves the problems of speed, cost, compliance and excess volatility; ushering in a true retail coin ready for mass adoption. Fluzcoin uses the Etherum-based Quoroum as her major Blockchain layer that provides Fluzcoin holders with fast transaction times and additional layers of privacy. The Fluz ecosystem will rewire how merchants and retailers interact. Know-Your-Customer (KYC) requirements, making it a compliant coin for merchants who wish to attract a new generation of digital and mobile consumers. Fluzcoin’s Artificial Intelligence (AI) algorithm, EUNOMIA, overcomes crypto-economic volatility with real-time, computer-aided market corrections to the Fluzcoin supply and demand. Fluzcoin objective is to store value and real payment utility which provides a safe and secured method for everyday retail transactions with both merchants and consumers. Fluzcoin facilitates instant payments and consumer financing and also enables merchants to glean data-driven insights that drive profitable decision making, to retrieve vital information’s about their consumers but with limited access and analysis via a guarded aggregate. Merchants and consumers have both mutual and specific benefits by using Fluzcoin, including flexible payment terms; auto executed smart contracts, ease of use, and the simplicity of currency conversion between Fluzcoin and fiat currencies. The common needs of the merchant and the consumer require a stable and reliable currency whose appreciation path is reasonably smooth. This need is fulfilled by the Fluzcoin Steering Mechanisms and the Fluzcoin Algorithm.

UNIQUE VISIONS/AIMS OF FLUZCOIN
The unique visions of Fluzcoin is to deploy a true retail coin that is ready for mass consumer and merchant adoption

PARTNERS OF FLUZCOIN
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UNIQUE BENEFITS OF FLUZCOIN
• Transactions has been made fast and easy between consumers and merchants
• Both consumers and merchants have the right to own their own privacy giving them additional layer of benefits of that which is absent in other Blockchain protocols.
• Low prices and strong commercial discounts in retail as merchants with the easy pass of transaction cost-savings to their consumers
• An easy to use mobile app environment
• Builds on SNARK algorithm allowing to store proof of transaction without exposing the transaction itself.
• Risk free transactions and low costs on merchants
• Funds can be easily converted to fiat currencies
• Its transparent, trusted and reliable
• With the use of Artificial Intelligence (AI) algorithm, nothing can simply go wrong as it will provide a real time, computer-aided market corrections with supply and demands
• Fluzcoin holders enjoys effortless staking of new coins by merely holding the coin
• Rewards are specially given to Fluzcoin holders which creates additional value without the need for energy intensive crypto-mining infrastructure

TOKEN DETAILS OF FLUZCOIN
Post-ICO retailers will join based on current market conditions. For the initial ICO 3,223,000,000 ERC 20 tokens of Fluzcoin will be created 65.78% of the coins are planned to be sold with the remaining 34.22%

TOKEN DISTRIBUTION OF FLUZCOIN
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Bonus Coins for ICO participants: 12.4%
ICO marketing and Post-ICO merchant incentive coins and consumer Airdrops: 9.31%
Team and Advisor Coins: 3.29%
Fluz Fluz Network Rewards Coins Drawing Right: 3.29%
Fluzcoin Global, INC: 6.30%

TOKEN ALLOCATION OF FLUZCOIN
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Marketing: 50%
IT development and monitoring: 10%
Legal and compliance: 3%
Commercial retailer on boarding : 20%
Admin overhead: 7%
Reserve sent to the Fluzcoin Foundation

ROAD MAP OF FLUZCOIN
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2017
Idea shaping
2018
January: idea sharpening and preparation
February: Whitepaper & refining and back testing
March: start of retailer onboarding
June: start of private placement via ERC 20 Fluzcoin token in selected jurisdiction and to selected audience
June: patent Application
July: EUNOMIA Foundation Councilor Definition
December: Trading start of ERC 20 Fluzcoin token
2019
Implementation of AI based Fluzcoin Quorum blockchain and retail acceptance

TEAM MEMBERS OF FLUZCOIN
Stefan Krautwald: commercial director
Antons Sapriko: IT Director
Glebs Vrevsky: Marketing Director
Uldis Baumerts: Product Coordinator
David Leibowitz: Asia Director
Davis Krikauskis: Delivery Manager
Aigars Pavlovics: Head of Operations

TECHNICAL ADVISORS
Raghavendra Srinivasan
Florian Burkart
Ruchika Kumar
Mario Cohen
Lars Rydstrom
Karl Karlsson
Keith Teare
Anil Benard-Dende
Jose Ruiz
Dr. Sebastian Fourne
Alberto Tarazi
Issac Levy
David Adelman
Phil Dardier
Maurice Harary
Bryan Feinberg
Matthew Novak
Alon Horovitz
fluzcoin executive team.jpeg
The introduction of Fluzcoin is merely a starting point, intending to implement infrastructural upgrades as they become necessary. Fluzcoin facilitates instant payments and consumer financing. I strongly advice everyone and anyone to have a close look at this project as it has so much to offer to the world. For more information about this awesome project and to connect with the team and other participants across the globe, please kindly visit the links below. Thank you for your time.

WHITEPAPER: https://fluzcoin.io/docs/Fluzcoin_Coin_Sale_Whitepaper.pdf
WEBSITE: https://fluzcoin.io/?utm_source=bitcointalk&utm_medium=bounty
FACEBOOK: https://www.facebook.com/fluzcoin/
TWITTER: https://twitter.com/Fluzcoin
MEDIUM: https://medium.com/@fluzcoin
TELEGRAM: https://t.me/Fluzcoin_Foundation
YOUTUBE: https://www.youtube.com/channel/UCdK-HoZdmvmC-9bS5TeJT0g

Written by: Ogtejiri
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1790132
Wallet address: 0x33E8810b5432ccD823b6c45975A55Fb9F6c931D6

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