Crypto Credit Card Boasts Blockchain Technology
- January 12, 2018
- Posted by: Andrew Rombach
- Category: Credit Card News
Crypto Credit Card is joining the financial industry with its blockchain technology. The firm recently went on the record to discuss how its credit ecosystem works and why it’s a good idea to streamline finances like payments, microlending, and credit cards under the umbrella of a single token economy.
Crypto Credit Card offers a service to customers who are looking for a crypto credit aggregator to find the most favorable offers for credit and crypto throughout the globe. It breaks down those offers into the best terms and then lets customers handle their money and accounts by using crypto exchanges and investment platforms.
The firm recently shared the highlights of the services they offer and why they think Crypto Credit Cards are the way to go.
What’s in It for Investors When it Comes to Crypto Credit Card Tokens?
In addition to getting to dabble in the use of cryptocurrency, Crypto Credit Card holders will also be able to utilize microloans. That gives them more financial freedom because they won’t have to be subjected to any extra investigations about credit solvency.
That streamlining of services is incredibly appealing to some investors.
Why an Initial Coin Offering is a Solid Way of Fundraising for Businesses
According to the company, it’s a good way to access one payment system, which makes everything much simpler. Plus, it gives businesses the chance to pursue cryptocurrency investments, ICOs, or trade on various platforms.
Because of how transparent the platform is, banks and consumers will save time by having quick access to all the facts they need to make an informed decision. In addition, there will be reduced costs.
Because of the experience of the team, the firm will be able to participate in the top crypto exchanges, funds, and investment funds – and they’ll be able to secure access quickly.
What Users Need to Know about the Tokens
Digital tokens have resulted in a modern-day gold rush situation. This cutting-edge fundraising method has been known to raise serious amounts of money in just minutes. In this cryptocurrency age, digital tokens are big business and ICOs raised over $150 million in the first half of 2017.
But before investors start snapping up tokens, they want to know what the rules are for them with that particular company because every company may have different rules.
For Crypto Credit Cards, investors will like the fact that all unsold tokens will be voided, which gives investors even more protection for their investment. In addition, for six months, team tokens will be kept in escrow.
As the user base continues to grow, so will the demand for the tokens, therefore increasing the value for the investors.
What Will Happen After the Crowdsale?
With the beta release happening just around the corner in March, the firm is looking ahead at future plans. They would like to receive a payment system license, which will allow them to release their own plastic cards eventually.
In the future, the company is also hoping to integrate C3 to all the big retailers so it can set up a cashback program.