The Lyzi App is a groundbreaking crypto project that aims to bridge the gap between cryptocurrency spot wallet assets and the broader merchant network. This unique solution benefits Binance users by providing them with a platform to make payments within the Lyzi merchant network using their spot wallet assets. Furthermore, Lyzi pushes the envelope by initiating a system of loyalty tokenization.
Lyzi: Bridging Crypto and Commerce
Operational within a robust regulatory framework, Lyzi stands apart from the rest as it doesn't rely on VISA or Mastercard like other players in the field. Instead, it offers a seamless and commission-free platform where crypto users can make direct payments with their assets, while merchants can receive fiat currency. This revolutionary approach not only democratizes crypto payments but also holds the potential for merchants to hold crypto in the future.
The Birth of Lyzi
Lyzi is a result of the fusion of Easy Wallet, a non-custodial crypto payment wallet, and Fidly, a blockchain-based loyalty platform. The project is already in talks with other major regulated exchanges to expand its reach beyond Binance. The team anticipates launching its first tokenized loyalty use case in Q4 2023.
$LYZI: The Backbone of Lyzi
The $LYZI token is the very essence of the Lyzi ecosystem. Serving as an incentive token, it is distributed as cashback on crypto payment transactions and as a sponsoring reward. The future holds exciting possibilities for the $LYZI token. The token will soon be stackable, opening up a plethora of use cases for users, merchants, and brands alike. These include payments, vesting against offers in the merchant network, rewards for sponsoring the app, conversion token for loyalty market platforms, participation in loyalty launchpads, and rewards for app sponsorship.
For Users
Users will soon have the luxury to stack $LYZI tokens and use them for payments, vesting against offers in the merchant network, and as rewards for sponsoring the app. Besides, it can also serve as a conversion token for loyalty market platforms and allow participation in loyalty launchpads.
For Merchants
Merchants can use the $LYZI token for vesting to
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