Topic: 🔥🔥[ANN] AMON ICO - Crypto Debit Card for Everyday Life🔥🔥 - page 25. (Read 27113 times)

Cryptocurrencies are incredibly volatile. It was less than a year ago that Bitcoin was trading below $1000, very far from its current price of $17,000. It’s current price too, in turn, is 15% below the all-time high of close to $20,000, reached only a few weeks ago. It is very frequent for cryptocurrencies to have one-day movements of even 25–30%, as trading news can change investor sentiment almost instantly.

This volatility has been one of the main obstacles to the mass adoption of cryptocurrencies in the consumer economy. Most cryptocurrency users are involved in trading them day in day out, rather than spending them to buy goods and services. The simple fact is that retailers have been slow to allow cryptocurrency payments on a large scale. That is because the pricing of their products would have to be changed constantly to adapt to the rapid changes in the value of cryptocurrencies. This would be a proposition that would be both costly and difficult to implement, especially for small-scale operators. On the other hand, retailers would risk missing out on profits if their post-sale cryptocurrency revenues are less than the official sale price of their product.

Despite the proliferation of crypto debit cards, of which there are more than 30 in existence, their inherent shortcomings prevent them from being of any help. Among their weaknesses are the unavailability of AltCoins and the over-reliance on Bitcoin, delayed conversions of crypto to fiat currencies, and the lack of a conversion system that maximizes the consumer’s spending power.

What could help retailers accept cryptocurrencies, hassle-free?

The Amon Card aims to be the solution by becoming the game-changer for retailers worldwide. Thanks to its real-time conversion from cryptocurrencies to fiat currencies, exactly when a purchase is made, there is no uncertainty on how much money the retailer receives. Furthermore, while most crypto cards only allow conversions from Bitcoin, the Amon Card also allows them from Ethereum and Litecoin, (additional cryptocurrencies will be added with upcoming releases).

The Amon Artificial Intelligence System (AAIS) in addition helps retailers optimise their customers’ spending potential. Through its scientifically-researched and extensively tested algorithms, the AAIS suggests which cryptocurrency from the customer’s portfolio should be used to make a purchase. This helps the customer manage the changes in the value of his or her holdings effectively, making purchasing decisions faster and simpler. For retailers, the Amon Card simply represents the key to unleashing hundreds of billions of dollars of cryptocurrency spending.

The Amon Card is nearing its launch after the successful pilot test of November 2017. We are currently preparing for the Amon ICO, scheduled for Q1 2018. To be part of Amon’s retail revolution, sign up to the whitelist at www.Amon.Tech. This will give you exclusive access to invest in the Amon token private sale, which is open only to whitelist members. In addition, as a whitelist member you will also an Amon VISA/Mastercard — completely FREE of charge.

Sign up now at www.Amon.Tech and help build with us the crypto economy of the future!

What is Amon’s unique selling proposition?
Amon wants to simplify Crypto spending in everyday life. First by providing our users with a Debit card that is accepted everywhere be it retail or online and secondly by powering the card with Artificial Intelligence that ensures they get the maximum value out of cryptocurrencies.

How does Amon navigate troubled waters in the wake of the recent Visa crackdown on Wavecrest and the effect this had on Crypto Cards?
The Wavecrest problem has not impacted us as we do not work with Wavecrest card. However, we do wish that users of who’ve been hit badly are provided with an alternative card by our competitors. We believe that the Wavecrest issue has impacted negatively on users’ trust and this affects us as well. We want successful competitors and a healthy market. For this reason Amon Team has been working hard to create partnerships that allow us to ship cards to our investors at the beginning of the ICO AND working with a network that has no such problems.

How does Amon differentiate itself from other players in the Crypto Card niche?
Our card will be backed by an Artificial Intelligence system that helps people decide which crypto to spend. Amon users won’t have to check every time the current conversion rate and the past performance of the coin: the AI system will tell them the best performing currency and support them in their spending decision. This is something unique in the current competitive landscape.

What questions to do you encounter from prospective investors?
Our Telegram community of 5K people (and growing) is very active, and we try to answer all their questions every day. Often, we receive very good questions that help us clarify aspects and give more details about the project.

The most frequently asked questions are often related to the Token Sale, the product and the AI. Although our White paper is all-encompassing and self-explanatory, thanks to our community we keep posting additional details on our blog to make sure we keep our community up to date about product features, development, and roll-outs.

What factors do you see behind the growth of crypto card specific coins?
The growth of crypto-card coins will be strictly connected to the success of the companies but also to the growth of the currencies these cards will support. For this reason, it is important for us to support also alt-coins with strong projects and potential. The niche, in general, has done exceedingly well on exchanges as more and more people discover the utility of crypto debit card and as these cards penetrate into everyday life. It is now literally as easy as swiping a card at a point-of-sale. You spend your crypto, the business gets their money in Fiat, your card takes care of everything in between.

What happens to crypto after the hype dies down and Where does Amon fit in in the larger scheme of things?
I believe that after the hype and the subsequent decrease in the prices of some Alt coins, crypto in general will consolidate and become stable. In any phase Amon Card will be there to allow Crypto-spending in everyday situation. So Amon is immune to any major fluctuations because of the card’s unquestionable utility in making people’s lives easier.

How important is it for a blockchain project to do well on the exchanges?
I think it is important that the project does well and it is successful. The performance on the exchanges must be subject to that. No project should pursue the success on the exchanges as an objective, on the contrary, the focus has to be always on pushing for stronger and better products. This will help the acceptance of blockchain technology as a whole and the scalability of blockchain projects.

What is Amon’s Value Proposition? How do you see Amon in the future?
Amon wants to simplify the spending of crypto in everyday life. In the future we want to work together with the community towards the acceptance of cryptocurrency in the traditional economy. We believe our project will become a bridge between blockchain and traditional economy. And supply the absolutely critical use-cases that the crypto ecosystem needs to be sustainable in the long term.

Remember to sign up to the whitelist. Not only will you get exclusive access to the pre-ICO Token Sale, but you will also receive a 25% Token bonus and an Amon Gold card — completely FREE and mailed to you directly. Also, join our telegram community here: https://t.me/amontech to get updates on the project in real time.