FuzeX is a prepaid plastic card and a software ecosystem, built on top of Ethereum blockchain. FuzeX project was started May 2018 by a team of entrepreneurs from Korea.
The main purpose of FuzeX was to create an ecosystem, where a customer could pay with crypto-currency card at ordinary offline shops. FuzeX card will have an e-paper display, rechargeable battery and 3 buttons, so the customer could see cryptocurrency rate on Exchange and choose what cryptocurrency to use. Account management andShow more [+] balance verification could be done with mobile application FuzeX wallet. FuzeX is still on developing mode, no cards were issued yet. It will start with beta version card in Singapore. FuzeX card will be available for purchase on FuzeX website, price will be around 150-250USD. After that FuzeX card could be used just like any debit/credit plastic card for payments.
For operating the system FuzeX uses its token FXT. It never had a public ICO, because FuzeX hard cap (40,000 ETH) was reached at pre-sale and private sale.
How does it all work and what's the deal with Visa
I hear on the Telegram group there is a deal with Visa, cards will be there end 2020 etc, but how exactly does it work now? Is the launch worldwide? When will it be announced and will it work with chip this time? And how as people were saying chip would not work?
The communication is not very good to say the least for people who invested in this.