Hi Adliem,
Thanks for your comment, great to hear you're interested! Our STK token will enable instant payments at point of sale, using just your mobile, so you can use cryptocurrency for day-to-day transactions, straight from your smartphone. The idea is to open cryptocurrency up to normal, everyday bankers. Not necessarily instead of local currencies, but as an option or an alternative, where relevant. We want people to have the choice to use it, when and where they want.
Competitors in the space are working towards a card-based solution - we are focused on contactless functionality in addition to a physical card, so you'll be able to make contactless crypto payments using just your mobile. We also have a working prototype, leveraging the STACK app, a fiat-currency financial services app, which is currently in beta and scheduled to launch by the end of the year.
I hope that provides some answers!
I'm looking pretty closely at this. I like the enormity of the market.
Keen to see some competitive analysis - if anyone has looked closely at Ten X, Monaco, Metal.
Not sure how attractive it will be from a customer's point of view. Yes it will appeal to the cryptos, but will it appeal to everyday bankers? Is the success dependent on adoption by everyday bankers? The company say a great UX will help it attract customers, and undoubtedly it will, but how does this compare to the security offered by the major banks?
