Are my tokens secure?
Individual token security measures are critical for all individual investors once they receive the tokens. Fluz Fluz works with Zeppelin Solutions as Smart Contract Auditor to ensure the underlying smart contract is adequately shielded.
When and how will Tokens be distributed?
Tokens will be distributed to the tokenholder addresses within 5 working days after the crowdsale end.
Which jurisdiction was chosen for this token sale?
The Fluz Fluz Tokensale will be launched from Gibraltar by Fluz Fluz Gibraltar and is therefore subject to Gibraltar law. We have been advised that the activity of the Fluz Fluz Token sale falls outside the scope of the existing regulatory framework in Gibraltar. The Financial Services (Distributed Ledger Technology Providers) Regulations 2017 (the “DLT Regulations”) have recently been published and is due to take e ect as of 1 January 2018 and whilst these impending regulations should not apply to token sale activity, the Gibraltar Financial Services Commission have recently announced that they are considering preparing complementary regulations that will be speci cally aimed at initial coin o erings or similar token generating events. We will be monitoring the situation closely and endeavour to do whatever is required to be compliant with any regulations that may become applicable to Fluz Fluz Gibraltar in due course. Fluz Fluz Group may appoint one of its a liated and/or subsidiary companies to act as collecting agent for token purchases.
How to participate in the token sale with ETH?
1. Buy ETH on a cryptocurrency exchange, unless already owned.
2. Transfer ETH to a compatible wallet (see below) MyEtherWallet (no download needed), Mist (Desktop), Parity (Desktop), imToken (iPhone), imToken(Android)
3. Send a deposit to the payment address displayed through the token sale widget with correct data and gas limit values Token sale deposit transactions need to have non-default gas limit (a.k.a. transaction maximum gas). This is because token sale transactions are more complex than simple Ethereum transfer transactions. The default gas limits is too low to correctly perform a token sale deposit. To participate in an Ethereum token sale you need to ll your transaction in with following details 1) Address - this is given you on the token sale payment information page. 2) Data - this is your personal reference number and it changes for every transaction. Do not share this with others. If you leave data eld out than your transaction is rejected. 3) Gas limit: 250000 - gas tells that this is a smart contract transaction and is more expensive than normal Ether transfer
Note: For any wallet always check your gas limit If you are using MyEtherWallet. com please double check the gas limit eld value after lling the data eld. MyEtherWallet may reset the gas value to an invalid number after inputting the data eld.
How to participate in the token sale with BTC?
1. Buy BTC on a cryptocurrency exchange, unless already owned.
2. Set up an ERC20 compatible wallet
3. Locate your BTC refund address (which is your receiving address) and your ERC20 compatible wallet address for receipt of tokens 4. Provide your refund and token receipt addresses and send the deposit to the payment address displayed through the token sale widget
Is there a particular token lot you recommend to purchase?
Fluz Fluz definitely recommends any tokenholders to purchase sufficent tokens to activate one of the premier network seats, either Tier or Tier 2 depending on budget and preferences, or a multiple of these. Even though it may be used as speculative element at this stage and shall have future utility token value in the Fluz Fluz gift card eco-system, owning less Fluz Tokens than is required for a premier network seat does not grant any right on the global Fluz Fluz consumer network in this first stage.
Can I submit BTC or ETH from an exchange account?
No. Exchanges send funds via multiple wallets that are not fully in your control. You don’t hold the private keys in many cases. When sending funds from an exchange the process can take hours to clear or even reach the blockchain. If sending ETH you are unable to add an ETH payload (sometimes called ‘data’) to a transaction. Once you submit through an exchange, you are also unable to modify the transaction fee to speed up a transaction. Please use a wallet that you are in full control of.
Which wallets can I use?
Please view the list below for compatible wallets. If you choose to purchase tokens with BTC, you can send BTC from an Exchange but need to provide us with a token receipt address that is ERC20 compatible (see the list of ERC20 compatible wallet below). If you choose to purchase tokens with ETH, the ETH must be sent by an ERC20 compatible wallet. You must enter data input and gas limit values for a successful transaction. The following wallets are known to be compatible with Ethereum tokens (ERC20 standard) and may allow you to receive and view your balances.
MyEtherWallet (no download needed), Mist (Desktop), Parity (Desktop), imToken (iPhone), imToken (Android) Non ERC20 Compatible Wallets. Do not send ETH from these sources.
Any Bitcoin/Ethereum Exchange: Coinbase, Poloniex, Kraken, Bitstamp, Bit nex, Bitrexx, Cex.io, Exodus.
I sent Ethereum from an exchange for the presale or token sale, what can I do?
The transaction will be returned because of no data eld. If the funds do not show up in your exchange wallet please contact the exchange’s support with the details of your transaction to see if you can get credit back for the transaction.
Where can I purchase ETH?
There are many exchanges that sell Ethereum for at or cryptocurrency, these include: Coinbase, Poloniex, Kraken, Bitstamp, Bit nex, Bittrex, Cex.io Please send your purchased ETH to a compatible wallet whose private keys you own and control, before sending to the token sale.
Where can I purchase BTC?
There are many exchanges that sell Bitcoin for at or cryptocurrency, these include: Coinbase, Poloniex, Kraken, Bitstamp, Bit nex, Bittrex, Cex.io
Do I have to live in Colombia or the US to join my premier network seat which I activated with the token I bought?
No. Premier seats and their future cash backs can be enjoyed from anywhere in the world. Tier 1 Premier seats are exempt from minimum consumption for lifetime. This means that even though Fluz Fluz is not yet operating in your particular country with local retail redemption options, it is highly advisable to purchase Tokens now and become part of the earliest Fluzzers. Besides, your Fluz tokens without premier seat activation are likely to increase in value as the utilities of the token evolve in our gift card eco-system according to the de ned roadmap.
Can I look at your app?
Are your board advisors real?
Fluz Fluz Tokensale board advisors are also board advisors to Fluz Fluz as an operating company and have been accompanying Fluz Fluz from its operational inception onward. The advisors are deeply involved into the commercial success of the Fluz Fluz model and have known Fluz Fluz management team for years. Disclaimer: Solely Mr Vikram Nagrani joined our advisory team in the preparation of this tokensale complementing the advisory board with a robust experience in blockchain and legal structuring of tokensale events.