It is realy cool if this project will be successful. There are a lot of similar project, but I don't know any active. And all of them have problems with realization. I hope, that experiance of other project help Zantepay make product of a high quality. Moreover, it will be awesome if they will launce in nearest time. Competition is very high.
I agree with you, the main problem of all new projects is the realization of the idea of developers in reality. ZANTEPAY has partners who can help with this.
One can not rely on partners alone. The team itself also needs to work very hard. Act according to plan. For this, there is a white paper in Zantepay. The team will have to overcome many difficulties in order to translate it into reality. I wish the team to cope with this.
Not only existing of white paper bring success. It can be bad. It must be well thought out. And developers must do all steps in time and quickly solve problems. Partners is good, collecting good soft or hard cap is good, but if devs don't know how realise project it will not be successful. I thing that Zantepay devs have good white paper and know what to do.
Ok I went through the whitepaper
It's only very general information in my opinion. Basically only marketing info on how to sell the tokens and how to give away free cards.
No info on how the system works.
How do the payments work? None of the other companies have managed to create a crypto to fiat card that works consistently.
How will zantepay team create a working card, if various big companies haven't managed to do so?
What is your plan? There is nothing in the whitepaper about how the payments work.
So you have coins in your zante wallet. And you have a zante card. How does the merchant get the money when sale is made? What are the fees associated?
Could you please explain this payment process in a step by step format. For example:
1) Customer swipes card in a retail store
2) ...?
All the marketing info is a cool way to get hype up, but please explain how the actual product works. I want to invest in a project which brings crypto cards into everyday reality, but right now there is no explanation in the whitepaper or the website.
If the founders know how to do this, surely you have no problem explaining
Okey guys, we have detailed payment architecture, which is being presented to Mastercard next Tuesday. After that we will make this information public for all the investors.