The growing ability to pay for products and services using cryptocurrency debit cards is a physical representation of the world. increase in crypto popularity. However, they are still relatively rare and sometimes complex; With so many cryptocurrencies available in conjunction with market volatility, it can be difficult for traders to know how to best use the content of their cryptowallets when they make purchases.

Amon is a financial cryptocurrency platform that seeks to solve this problem. using their single payment card that uses artificial intelligence (AI) to ensure that users get the best value from their cryptowallets with every purchase. Their white paper claims that they are the only platform that allows users to use their most valuable cryptocurrencies for real-time shopping. Amon also offers its own Amon Tokens (AMN).

Three Methods of Buying

Amon cardholders will have three methods of purchase at their disposal. The simplest is to ask the wallet to allow payment with a single currency (for example, someone who is only interested in Bitcoin). The second is to personally choose which of your currencies to use after slipping the Amon card. The third involves the unique Amon Artificial Intelligence System (AAIS) that will select the best currency to use in real time per transaction.

The Amon White Paper uses the scenario of buying a coffee using the Amon. map as an example. The AAIS algorithm analyzes the cryptowallet of the user and determines the best-performing cryptocurrency, taking into account factors such as historical data and the risk profile of the user. The algorithm displays for the user the crypto with the highest value at this point. The user can then decide to accept the suggestion or choose another motto to buy coffee with

Sale of Tokens and Partnerships

When it comes For security, merchants can be assured by Amon’s partnership with Ixonn, a Cloud Computing company, and the Econocom Group’s audits. Amon has also partnered with Daneel, which manages webcrawls to help traders make investment decisions, and CognitionBox, a trading algorithm company helping to develop AAIS.

Amon also states that they are distinguished from the competition. 7 premium customer service; something that they claim to be sorely lacking in the cryptocurrency industry as a whole.

The private ICO of Amon will begin March 1, 2018 for 24 hours (1 AMN = $ 0.05), but for merchants to participate, you must subscribe to the list white before February 2nd. By signing up for the whitelist, you will also receive a 25% AMN token bonus and a free Amon Gold card. The first public OIC will follow on March 4, where the symbolic bonus will be reduced to 15%

Looking further, Amon seeks to release the Amon wallet to the public in Q2 2018, followed by the obtaining of 39, an e-money license and decentralization of portfolios in the third quarter. Their market share objectives are to have a control of 3%, 5% or 7% (negative, realistic or positive estimates respectively) during the first year.

The team behind Amon is diverse and experienced. The four co-founders of Amon come from Italy and Australia, and also have members of the team from France, Spain, Ukraine and the United States. United States. CEO Daniele Izzo previously co-founded another platform for the legal market, AvvocatoFlash, along with two other Italian founders from Amon, Velerio Sudrio (CMO) and Cristian Izzo (CTO). AvvocatoFlash has thrived on the Italian market, with more than 5,000 lawyers involved and more than 20,000 court cases handled per year.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While our goal is to provide you with all the important information that we could obtain, readers should do their own research before taking any action concerning the company and assume full responsibility for their decisions, this article can not be considered as an investment advice.

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