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FuzeX
Information by Research TrustFinance
FuzeX launched in 2018 with the mission to bridge the gap between cryptocurrency and traditional finance by creating a physical payment card (the FuzeX Card) and a supporting digital wallet. The project's goal was to allow users to store multiple cryptocurrencies and spend them at point-of-sale terminals by instantly converting them to local fiat currency. The ecosystem was powered by their native utility token, FXT. Despite a successful Initial Coin Offering (ICO), the company faced significant challenges in delivering the physical cards and achieving its goals, and the project has been inactive since circa 2019.
Switzerland
Industry
Crypto
Financial