IZX – is an open blockchain platform!

[Amanpuri_rus]

DAO Companies. Myth or reality? Part 1

DAO or a decentralized autonomous organizations are companies based on blockchain technology that do not have traditional owners and central governing bodies such as the board of directors, CEO, financial director or vice-presidents

There is no hierarchy at all. Perhaps these organizations will help us get rid of bad bosses once and for all? Myth or reality? Let´s talk about it

At the very beginning DAO is a combination of computer code, blockchain, smart contracts and people. The founders of DAO created the basic rules of management and thought through how this will work. DAO also has interested parties owning tokens, which represent a share in the performance of DAO. In fact, they are interested in increasing the value of their coins, which is reflected in an increase in demand. Thus, if you do not go into the legal aspects, DAO organizations also have shareholders.

In order to enter the DAO, the willing applicant literally needs to “acquire a share in it” by buying “tokens” or “coins”, and his ownership of the shares will be documented in the blockchain.

Instead of management or the board of directors in DAO, tokens holders (as well as shareholders) have the right to vote "FOR" or "AGAINST" on any proposal facing the organization. The  main idea is that, as it was stated above, in the DAO, the candidate gets a smart contract based on the project. Then, after discussion among the community members, a vote is taken on the proposal and, when it is accepted, the work of the contractor will begin…

 To be continued

[Amanpuri_rus]

Well friends

Pizzeria chain №1 in Russia Dodo Pizza together with the company IZETEX launches a high-tech test project in augmented reality

Yelabuga will be the first city in which the cryptocurrency obtained in the game can be exchanged for a real pizzeria product. It is assumed that a user who downloaded the IZX application and caught 2 Dodo Pizza tokens will be able to exchange them for a cup of hot coffee right in a pizzeria at Address Mira Street, 25)

The IZX application uses the unique foot mining principle, in which you get cryptocurrency simply by walking around the city and collecting tokens in the game

IZX tokens are based on the Ethereum blockchain (ERC-20) and are already available for trading on the Cryptology exchange (i.e., they have a real cash value)

Download the application IZX can link: https://izx.io/2/r/LZPR7t

[Amanpuri_rus]

DAO Companies. Myth or reality? Part 2

We keep talking about DAO companies. Have not seen the 1-st part? Find it in the last post above ⬆️

After the members of the DAO community have voted for the project, the performer is included in the work and is actively engaged in its execution. However, if the “employee” does not systematically follow deadlines or exceeds his authority over other members of the community, the holders of DAO tokens who voted for the contract may simply withdraw their votes and the performer will immediately be overboard

Being in the DAO company, members  constantly ask themselves the same question: “Will this action make the whole project more effective and valuable?” If so, they put it to the vote and do it. If not, then they say: “You know, I'd rather spend my expertise and time on something else.” And since there are no bosses in an autonomous organization, no one will be satisfied with their scolding

Of course, DAO has its own internal policy, as in any organization consisting of more than one person. But it has a different nature

In the "traditional" command-and-control system, management determines the actions of the entire organization. Therefore, your boss may force you to come to a non-productive meeting. In a decentralized structure, the value that contributes to the success of a project is a factor that determines what needs to be focused on common efforts

Therefore, in the DAO system, everyone is motivated to bring maximum value to the common cause and to do this on the basis of their skills and beliefs, rather than trying to please the wishes of the boss.

What is your opinion? Myth or reality? Leave your variant in the  comments

[Amanpuri_rus]

Get 3000 IZX tokens for free! Only till February 25

Gifts from IZX for St. Valentine's Day

Dear friends, last week several failures of App were observed. At the same time we have received complaints from the players regarding the loss of IZX exchange tokens from the App

We are glad to anounce that till now the bugs have been fixed. Stable server has been restored. Make note that if you sill have troubles with the App work we highly recommend you to clean a cache of your device and reinstall the application

 How to get the GIFT:

We have decided not to consider each case with the loss of tokens. Instead, we give a gift to each player. Please be attentive: From now on and till February 25 all tokens of IZX collected in a game will be exchanged not according to the previous rate 1:50, but higher - 1:100

It means that if you collect the maximim weakly amount of 60 gaming tokens, you get 6,000 IZX instead of former 3,000! There will be no refund of previously lost tokens. We cover them

Collect IZX together with with your darlings

[Amanpuri_rus]

IZX vs Pokemon Go. Let's fight

Pokémon Go is the first popular AR game which made hundred thousands of hikikomoris leave their cribs and socialize with help of AR.  The IZX app uses the similar AR model, but of course does differ a lot from Pokémon Go. So, let's make a comparison

The Goal of the game
The Pokémon Go is played just for fun, while IZX gives players the opportunity to get valuable prizes and discounts

In-game Artifacts
 In Pokémon Go about 500 types of pokémons are the only collectibles. In contrast, in IZX you never know which token waits for you right around the corner: it can be either a cryptocurrency token, a movie ticket, or a free meal voucher, or even a secret surprise token! With the help of IZX you can bring in your favorite spot in town in the AR

Educational aspect
Playing Pokémon Go only gives you info about various pokémons, their strengths and weaknesses. IZX however lets you learn a ton of crypto stuff. We’ve already taught our users about cryptocurrencies, ICOs and different wallets. The informational flow will only increase with the project growth

The risks
Everyone heard about people got in trouble while looking for rare pokémons. The enthusiasm became an obsession. However, as to IZX, chances of having problems because of tokens are much lower. The tokens are less visually appealing, and there are no rare ones in IZX game. No one would climb a dangerous cliff or sneak into someone’s house to catch token if the same one can easily be found in safe place