Amon Review: Enabling Crypto Spending In Everyday Life

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Disclaimer:

  • This is not financial advice this is an interview with The Cryptos fund
  • All information hereunder has been supplied by Amon
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  • Your capital as at extreme risk and you can lose it all when investing in ICOs and cryptos.
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  • Full Disclaimer

Interview with Cristian Izzo, Amon’s CTO and Co-Founder. He is currently managing the development team and the Amon’s partnerships related to the development of our product.

What is Amon?

Amon is an every-day Crypto debit card for everyone. It has a powerful multi-currency crypto wallet and state-of-the art artificial intelligence to provide the best value to the crypto holder in every-day purchases. Amon Card solves two existential problems with crypto spending: (1) Real time conversion (2) Dealing with crypto volatility.

Can you describe Amon in numbers?

Amon team include 22 people supported from team of our partnerships, currently there are around 40 people working at the project.

Does Amon have strategic partnerships?

Christian Izzo

Yes we have partnership with CognitoBox working close to our development team to the Artificial Intelligent system and we also have a partnership with Ixonn a cyber security company to protect security issue.

At what Stage is the Amon product?

We are currently integrating the API of our card issuer, soon we will have first demo with a working card.

An other team is also working at the TokenSale App to allow investor to purchase the AMN Tokens

What are the three key differences between Amon and other Cryptocurrency cards?

  • Real time conversion
  • Dealing with crypto volatility
  • Powerful AI system

Will Amon used the Visa/MasterCard network to process transactions?

The Amon card provider supports both MasterCard and Visa but we will be releasing MasterCards in the first stage and we might have the possibility of Visa depending on conditions given by our card provider.

Where can the Amon card be used?

Amon card will be available worldwide making exception for these countries: OFAC (Afghanistan, Albania, Algeria, Central African Republic, China, Cuba, Democratic Republic of Congo, Ecuador, Guyana, Indonesia, Iran, Iraq, Ivory Coast, Nigeria, North Korea, Laos, Panama, Papua New Guinea, Sudan, Syria, Uganda, Yemen, Zimbabwe).

Amon Card can be used everywhere MasterCard is accepted.

When will the first Amon Card be issued?

It will be rolled out in Q2 we forecast by May we probably need 1 month and half more after the ICO to roll out, starting with the whitelist investors.

What is the difference between the Amon gold Card and other Amon Cards?

Amon will prices 3 different cards, Standard, Gold and Platinum. Each card will have different benefits and fees. We will announce more info after the ICO.

What blockchain tech will Amon run on?

AMN token is a standard ERC20 Ethereum token it run into Ethereum Blockchain.

What is the structure of the Amon masternodes?

Although AMN tokens won’t be running any masternodes, but the top holders of AMN tokens will be passed on masternode benefits that Amon accrues from crypto currencies that do payout masternode benefits. For details about how it works check out our Token Sale FAQs https://medium.com/@amontech/amon-card-token-sale-faq-d37d35a4ccee

How many tokens will be issued at ICO?

550,000,000 AMNs tokens will be circulating when Tokens are released after the end of the token sale (30% ICO contributors and 3% bounty programs).

Can more tokens be issued after the ICO?

What percentage will be reserved for the founders/advisors and what is the vesting period for them?

450,000,000 AMNs will be allocated for Reserves and will be locked and used only in special events related to the business operations. The 250,000,000 AMNs tokens for Advisors and Team will be vested respectively for 6 months and 1 year while the remaining 416,666,667 AMNs for Founders will be vested for 3 years with a 6 months release programme starting from the 2nd year.

What is the hard cap in USD/ETH?

Soft cap is at $3M and hard cap at $25M

What are the requirements to participate in the ICO?

Join our whitelist before 28th February making exception for US, China and Canada citizens as cannot participate in our ICO.

In brief, what are the facts that make the Amon team able to carry out the Amon roadmap in full?

The Amon founders have already created a successful marketplace and have experience in creating successful team. We put together a team with different skills to tackle the different technologic, legal, marketing and many more challenges coming. As a startup each of us has a key role within the organization, many people will come and leave like in all the startups but the core team is the main essence of the company, we have been working together for years now and this is our biggest value proposition as team.

Would you like to add further information about Amon ?

The Amon Private ICO will run for 24hours on March 1st. Only people that have joined the whitelist will be able to contribute during the Private ICO and will receive 25% AMN tokens benefit + Free Amon Gold Card.

Public ICO will start on March 4th until April 4th. Contributors of the public ICO will enjoy AMN tokens bonuses depending on the week of the contribution. All the details are on http://www.amon.tech!

 

Daniele Izzo, CEO of Amon from amon on Vimeo.

 

We thank  Cristian Izzo for the interview.

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