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#Blockchain All projects

Fixy Network: Decentralized marketplace and exchange

Blockchain based application that will facilitate the use of cryptocurrency in ordinary everyday life

stage Ended crowdsale

3.2 Rating

by 5 users


    KPLs

    • Employees22

    Team

    20

    HASAN TURGUT

    CEO, FIXY NETWORK

    YANNIK HEINZE

    ADVISOR, BLOCKCHAIN CONSULTING

    VADIM IVANENKO

    ADVISOR, MARKETING & BRANDING

    MARKUS MILLER

    ADVISOR, COMMUNICATION & PR

    HITESH UPADHYAY

    TECHNICAL HEAD, PROJECT MANAGER

    KETAN VAVIYA

    LEAD ANDROID DEVELOPER

    EGEMEN OKUR

    OPERATION SUPPORT

    ANKITA RAMOLIYA

    ANDROID DEVELOPER

    HARDIK RANAPARIYA

    SERVER HEAD, PHP & NODE DEVELOPER

    YASIN ÖZKIYICI

    MARKETING

    ALPESH VAGHASIYA

    GRAPHICS DESIGNER

    KEYUR SIDDHAPARA

    PHP DEVELOPER

    ENVER C. YILDIRIM

    SUPPORT

    ÖMER FARUK ORUÇ

    COMMUNITY MANAGER

    RAJESH KEVADIYA

    GAME DEVELOPER

    HÜSEYIN AYTEKIN

    SYSTEM ENGINEER

    TEVFIK SAHIN

    TROUBLESHOOTING EXPERT

    BHAVESH BHIMANI

    GAME DEVELOPER

    RAVI NAVAPARA

    IOS DEVELOPER

    M. SELIM DURSUN

    SUPPORT, PART-TIME


    Press




    Crowdsale details

    Distribution of tokens
    • Crowdsale (68%)
    • Team (15%)
    • Airdrop (2%)
    • Bounty (1%)
    • Reserve (7.5%)
    • Advisor (1.5%)
    • Private Sale (5%)
    Budget allocation
    • Product Development (40%)
    • Marketing (40%)
    • Merchant acquisition and partnership, exchange (15%)
    • Legal + Operations (5%)
    Details Indicators
    Token Symbol FXY
    Full Token Name Fixy token
    Pre-crowdsale Start May 1st, 00:00 GMT+03:00
    Pre-crowdsale End May 9th, 00:00 GMT+03:00
    Crowdsale Start May 16th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or May 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, 11400 ETH
    Crowdsale Soft Cap Yes, 2000 ETH
    Domain registration date 2018-01-27
    Domain owner Hasan Turgut, Fixy Network Limited

    Cost of the token

    5000 tokens for 1 eth

    Price without discounts

    Bonuses

    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    40% May 01 — 09, 2018
    Crowdsale
    Bonus Dates Minimum purchase amount
    20% May 16 — 23, 2018

    Accepted currency

    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    5
    Alexandr Gonchar June 23, 2018
    Rating of project
    3.5

    Advantages

    The Fixy Network project allows people to use cryptocurrencies in everyday life. The network will include a decentralized market and a decentralized exchange. The Fixy network unites customers and retailers who are interested in using crypto currency for various transactions.

    Risks and disadvantages

    The main disadvantage of the project is the repeated idea of implementing its own cryptocurrency for transactions in the network and using a decentralized exchange. Already exist many projects that use their crypt currency for transactions, and decentralized exchanges are not very popular among users yet.

    Comments

    I do not think that this project can be successful and grow rapidly. These principles and ideas have been used in the cryptocurrency market for a long time and projects with their tokens already have a billion-dollar capitalization, it is simply impossible to compete with them.

    William Anderson April 28, 2018
    Rating of project
    2.8

    Advantages

    Use of video content as seen at the top of the project which is well elaborate gives first hand information to the investors interested with in a short time, saving them from having to understand the entire project through reading. The users are able to carry out exchange on the platform meaning investors can liquefy their digital assets which is a good thing.

    Risks and disadvantages

    No information has been provided about the team members so its not know whether they have experience or knowledge about the digital currency. If high bonuses are given to the early buyers at the pre ICO then the sales at the ICO will be limited. The number of tokens given out for 1eth is quite high and shall cause a lot of token circulation in the market when its put on the exchange hence weakening the value of the token.

    Comments

    The services being provided are already existent in other ICO startups and so getting a fragmented market share that has already been partitioned by competition wont make the entity that productive.

    Jordan Semanda April 25, 2018
    Rating of project
    2.5

    Advantages

    The press team i can say is promising and will be able to do a desirable job in publicity of this entity. ICO sales will bring in more investors and even more from the pre ICO because of the bonuses offered to the early buyers. Verification is provided through the KYC which reduces fraud.

    Risks and disadvantages

    The project facilitates for use of digital currency in everyday life yet the service providers of these everyday life amenities do not accept digital currencies meaning the progress will be static. The bounty tokens percentage is quite small and will not ensure effective outreach of the projects intended message through referrals and social media campaigns. No detailed information is provided about the team which is a shady move

    Comments

    Important to note is that a project that has no experienced people in the particular field of venture has less chances of progress and profitability more so attracting investors, therefore a team of experienced adverse is always needed to help on effective decision making and minimise risk of loss.

    Sofia Medda April 22, 2018
    Rating of project
    3.7

    Advantages

    The website has customer support. It`s very convenient, any user can ask whatever question he has.

    Risks and disadvantages

    I don`t see any important competitive advantages. Many projects offer the same solutions and some of them even have alfa-version of a platform available. We don`t have enough information about team`s professional experience.

    Comments

    The project provides useful solutions for people, but I know better pojects with the similar idea. So I can`t recommend investing in this project.

    Anne Bryn April 21, 2018
    Rating of project
    3.5

    Advantages

    The platform will allow people to use cryptocurrency in daily life. The project has support in media.

    Risks and disadvantages

    Retailers will offer Gift Cards to attract new investors. And Gift Cards will be sold by FIAT money. It will be really convenient for people, they will be able to enter
    cryptocurrency world easy. But I think it will not facilitate the growth of token's value.

    Comments

    The project only accepts ethereum and it means that investing will be transparemt. I think it's good for the project's reputation. But I'm in doubt about business model of this project...


    FAQ

    FAQ

    Where is Fixy Network Limited located?

    Hongkong

    Where is the team located?

    Our development team is in India and our management with marketing has spread over the world.

    Can I join the team?

    Yes. We are frequently hiring new team members with different skills.

    What is the ICO price of FXY token?

    1 ETH = 5000 FXY or equivalently 1 FXY = 0.0002 ETH

    What is planned for Softcap and Hardcap?

    Softcap is 2.000 ETH
    Hardcap is 11.400 ETH

    Can you provide some details about “Pri

    We sold 5% of total supply with 150% Bonus in the private sale and gathered 400 ETH.
    These coins are unlocked and mostly sold to longtime investors.

    What happens if softcap and/or hardcap are not reached?

    Should softcap not be reached, every contributor will get his ETH back.
    Should hardcap not be reached, unsold ICO tokens will be burned.
    Team, Advisor, Airdrop and Reserve tokens will be burned in the same % of value.

    What is the percentage of Airdrop?

    We will Airdrop 2 million FXY tokens over our app by release.

    Are the tokens for reserved team and advisors locked?

    Team coins are locked for 36 months. In a 6-month period, 1/6 will be unlocked.
    Advisor coins are also locked for 6 months.

    Will you pay dividends?

    We are going to share 55% of FXY token income with our community over games and contests.

    What countries FIXY NETWORK will cover?

    We plan the countries in Europe, Asia and Africa continents.

    Who are your main competitors and why is Fixy better?

    We don't have any competitors with same features at this moment.

    Which language does FIXY App support?

    English, Portuguese, Turkish, German, Romanian, Spanish, Finnish, French, Italian, Russian, Chinese, Czech, Hebrew, Albanian, and Hindi.

    When will FIXY going to be listed on exchanges?

    After we reached Softcap, we will currently in contact with most active exchanges.

    Which currencies will FIXY Network wallet support?

    FXY, BTC, BCC, LTC, ETH is planned, and other currencies will be out later.

    How does FIXY Network make profit as a company itself?

    New brands and partners are paying listing fees and advertising with FXY token.
    FXY tokens will be only available by altcoin exchanges.

    Why should merchants or brands use FIXY Network?

    Product marketing and selling to new clients cost merchants mostly much more as selling on existing consumers.
    We provide merchants and brands new strategies to reach new clients and sell products with attractive conditions.

    Why are there limits selling goods in Fiat and crypto ratio?

    The reason behind this is to protect both the buyer and the seller against the volatility of cryptocurrency.
    The maximum ratio is 50% fiat and 50% crypto by selling goods.

    How support FIXY Network merchant competition?

    Network users or investors of FIXY will use assets in companies with the same passion in the crypto market.
    That makes traditional companies without accepting crypto assets less attractive for a new generation of clients.
    Brands and merchants in our Network will frequently sell more products with our marketing tools.

    Why games and contests on FIXY Network?

    The games will have various contests that will enable users to participate and win rewards.
    This will help create a healthy community on the app.
    Games like Pokémon and Tetris are on our schedule.

    Do you have support team?

    We will hire more staffs with full support for online stores and new brands.

    Is the Roadmap dynamic or static?

    We working with different teams on same time.
    Our vision is to deliver top solution in minimum time.

    What is the difference between deals with score system and messaging to Smart contracts?

    The Fixy network also utilizes smart contracts for making deals.
    In this case, the FIXY token will be used for payment.
    On the other hand, users can conduct OTC trades without a smart contract by using our free and secure messaging service.
    This second feature will have a trust score system where users can leave reviews and ratings on the nature of their experience while trading with another user.


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