UniFox is the “Mastercard for cryptocurrencies” and they are looking to accelerate the mass adoption of cryptocurrencies and the blockchain for daily use across the world. The UniFox team plans to do this with a combination of several projects across payment kiosks/ATMs, online local exchanges and point-of-sale terminals, all of which comprise the UniFox ecosystem, which is fueled by the FOX token.
The UniFox platform links three pillars for the availability and usability of cryptocurrencies: 1.) purchase and sale of crypto, 2.) use of crypto and 3.) holding and trading cryptocurrencies.
An exchange network is seemingly at the center of the multi-faceted ecosystem, as it connects to various currencies and payment methods so that users can purchase cryptocurrencies in their local market using the local payment system. Independently run blockchain-fueled exchange offices are accessible via an automated web app that gives users the ability to transact in crypto.
Kiosks are akin to ATMs and give users the ability to buy or sell cryptocurrencies for fiat money, but UniFox envisions many more features, such as purchasing products like car or travel insurance via the kiosk. The kiosk is capable of integrating software for billing systems and generating invoices for utility bills that users can pay for in cryptocurrencies, for example, though “the energy company is not in any way burdened with cryptocurrency.”
- An online curency exchange network
- Payment kiosk network/crypto ATMs
- POS terminals
- Unicash (UXC) web wallet comprised of crypto and payment system/prepaid cards. This is a stable accounting unit, not a separate token.
- UniFox decentralized exchange
- FOX tokens are securities that boast fiat features, giving holders the opportunity to participate in the profits of the company.
Business-to-business corporate partners, business-to-consumers.