Project Insight: Lyzi (Launching on Tezos)

29 Apr, 2023

As cryptocurrencies gain traction, the demand for innovative payment solutions grows.

Enter Lyzi, a crypto payment platform built on the Tezos blockchain, with its Initial DEX Offering (IDO) set for 05/05/2023 on Instaraise.

Lyzi’s vision revolves around a utility token, $Lyzi, engaging users with financial services, loyalty programs, and an inclusive lifestyle app.

Initially on Tezos, Lyzi plans multi-chain bridges with Ethereum, BNB Chain, and more.

Keep reading for an in-depth look at Lyzi ecosystem and their fundamentals.

Lyzi Application:

Lyzi is a crypto lifestyle app that allows users to make crypto payments, trade digital assets, and enjoy exclusive loyalty and cashback features for online and offline merchants.

Born from the merger of Fidly and Easy wallet, Lyzi is integrated with the Easy2Play network, enabling brands to accept crypto-payments directly via merchant point-of-sale systems.

Initially targeting the European market, Lyzi has global ambitions, with well-known retailers and brands like Lugh consortium, Arthurimmo.com, and Beaugrenelle Mall center already on board.

Lyzi Products:

Lyzi’s comprehensive suite offers a range of products for both end-users and merchants, creating a unique ecosystem to store digital assets, accept crypto payments, and enhance user experiences around Web3 services.

  1. Lyzi Pay: Users can spend crypto with low transaction fees, high security, and 1-5% cashback in $Lyzi tokens. Merchants can accept crypto payments and receive daily fiat settlements.
  2. Lyzi Loyalty: This next-generation loyalty program allows brands to create a dedicated token for their ecosystem, improving customer satisfaction and reducing management costs through blockchain-based interoperability and exchanges.
  3. Lyzi Display: Merchants can promote their stores and special offers directly within the Lyzi app, increasing visibility and customer engagement.
  4. Lyzi Earn: Users can participate in a global dynamic staking program with $Lyzi tokens, earning rewards by delegating tokens to Lyzi’s pools.
  5. Lyzi Trading: Trade cryptocurrencies within the app, with quick and easy access to purchasing and spending options through Lyzi’s merchant map.
  6. Lyzi Incentive Program: This referral program rewards users and merchants for promoting Lyzi’s services. Users can earn powerful bonuses in $Lyzi tokens for referrals, while merchants receive bonuses via credit vouchers or $Lyzi tokens. Recurring commissions are also available on affiliate trading fees.

Lyzi’s diverse range of products, combined with its strong referral program, aims to drive organic growth and adoption, establishing Lyzi as a leader in the crypto payment and loyalty space.

Lyzi Roadmap:

Lyzi has an impressive roadmap packed with upgrades and product releases.

Lyzi’s roadmap is ultimately aimed to enhance the user experience and expanding its reach in the crypto payment and loyalty market.

$LYZI Token Use cases

$Lyzi, the native token of the Lyzi ecosystem, has various use cases, each designed to enhance user experiences and incentivize participation in the platform.

  1. Cashback and Referral Commissions: Users receive $Lyzi tokens as cashback on crypto payments, incentivizing them to increase their visit frequency to the Lyzi merchant network. The token also serves as a reward for successful referrals in both user and merchant affiliate programs.
  2. Staking: Token holders can stake their $Lyzi tokens to earn extra rewards, helping maintain low selling pressure and encouraging long-term holding.
  3. Payment: Users can enjoy reduced transaction fees and exclusive cashback when making purchases with $Lyzi tokens. The platform supports various cryptocurrencies, including XTZ, BTC, ETH, and USDT, with plans to integrate more in the future.
  4. Loyalty: $Lyzi tokens serve as collateral for brand-specific loyalty tokens. Users can swap their loyalty tokens for $Lyzi tokens, while brands can hold $Lyzi tokens to reduce fees associated with running their loyalty programs.

Conclusion

Lyzi is set to revolutionize the crypto payment and loyalty market with its innovative ecosystem built on the Tezos blockchain. 

Lyzi aims to unlock new value in the digital economy by offering users and merchants a seamless, feature-rich platform.

The upcoming IDO on Instaraise launchpad presents an opportunity for investors to be part of Lyzi’s future growth.

Don’t miss out on the chance to participate in the Lyzi IDO. Whitelist for the IDO in just two easy steps➡️https://blog.instaraise.io/lyzi-ido-whitelisting-details-how-to-participate-in-the-lyzi-public-sale/

Stay connected with Instaraise and Lyzi on their social media channels:

Join Instaraise Community channel:➡️ https://t.me/Instaraise

Follow Instaraise on Twitter:➡️ https://twitter.com/Instaraise

Connect with Lyzi:

Twitter: https://twitter.com/Lyzi_app

Discord: https://discord.gg/lyzi-app

Website: https://lyzi.fr/

Telegram: https://t.me/Lyzi_us

For a deeper understanding of Lyzi’s ecosystem, explore the whitepaper: https://lyzi.fr/wp-content/uploads/2023/01/Lyzi-Whitepaper-EN.pdf

Get to know the team behind Lyzi: https://blog.instaraise.io/meet-the-team-behind-lyzi-core-team-advisors-and-business-partners/!