But moving forward with sincerest hope that you'll not ends up like those projects, may i know if there will be transaction fee?
Yes, the transactions can be performed without internet connection on the device side; it is implemented and you can check it out on our website everitoken.io . The platform will use EVT utility token as the gas--given our high TPS, we can keep the transaction fees very low and negligible.
Internal transaction can happen in matter of seconds with very low to no fees, make sense. If I may know further, who will be your main market? Is it end-user-to-end-user? Shop owner to end user?
The main market will be portal-to-portal; users can act as portals, and so can shop owners. For example, we can transact tokens between us if we are in the same micro-community. The real-estate agency and the grocery stores can also transact with us. The range is not just for financially-related tokens but also for tokens such as reward tokens (think 7-11 points), access tokens (specifically with everiPass), redemption tokens (such as movie or concert tickets), and much more. The use cases are very broad!
So basically everyone who has interest on it, which also include shop owners and aome agencies if they may. Could you describe your strategy to penetrate their market? How will you fight against conventional payment as barrier to entry?