Topic: ⭐[ICO][ANN] ZANTEPAY - Spend crypto in real life with just one card ⭐ - page 58. (Read 7560 times)

First you need a stable payment system to have then think about cards

A debit card for cryptocurrency can be really helpful for any token holder, but sadly not all cryptocurrency has it.
Thankfully this project has one, that will be a real deal of a cryptocurrency.

You can join to telegram group. For this accrue tokens. In fact, this is an airdrop. You can join https://t.me/zantepay_ico if you wish.

Good observation and absolutely well pointed out, i guess there are alot of uncleared statement in the information provided by the team that needs more clarification for better understanding, from what has been stated above, the cashback 20 percent seem a little bit vague in my opinion, when many users get to be using  Zantepay card and cashback happens to run in millions who is going to foot all the money when both card and shipping is said to be free?
But it will also be very nice if this is really achievable, as it is, it sounds a little bit too good to be true

Free card and also the 20% cashback seems like a noble idea. I'm on the edge, ready to invest but I need some answers to tip me over the line.

If the card is free and shipping is free, then who is really paying for the expenses of creating, maintaining and shipping the card?

Also, who is paying the 20% cashback? You can bet your house that the merchants are not paying 20% from each purchase to accept ZNX.
If it's coming from the team's / company's reserves then what do you think will happen to the value of ZNX if you give away 20% on every purchase? (as it's obvious that the cashback tokens will be dumped for profit / the circulating supply will raise fast so the value drops obviously)

Quick calculation here: Let's say you have 1 million customers like your goal is by the end of 2019.

If the Zantepay card gets a lot of usage, let's say each user pays $500 per month with Zantepay card.
Then each user will get $100 per month in cashback.

$100x 1 million people = $100 million in cashback to be paid every month.

In 12 months this is $1,2B paid out in cashback

So In case you reach your goal of 1 million users by end of 2019 and each person pays an average amount of $500 per month, you are looking at $1,2B to be paid out in a year.

How sustainable is this model?

How are you paying the cashback? Is the user getting cashback in ZNX?

If the ICO is raising ~$10M and your business model doesn't seem to have any cashflow generation, where is this money coming from?

Other than that the idea is obviously good and team looks like they know what they're doing.

I'm thinking of investing but I would need clarification on those issues - who's paying for the free cards, where does the cashback money come from and how sustainable is this model.

Also, I see the ICO is not available for US investors. Do you plan to make the zantepay card available for US users?

I see the advantage of Crypterium in front of Zantepay only in that he started earlier. So what? It still did not allow Crypterium to issue a debit card.

ZANTEPAY offers solutions:
- pre-paid card user can spend their BTC, ETH, LTC and ZNX (more crypto currencies to come) anytime, anywhere.
- Zantepay is working towards better (cheaper) exchange fees for the customers.
- wallet will allow naming one beneficiary in case of account owner's death.

We aim to become the biggest crypto currency wallet in the world. Our marketing strategy is to bring everyone on board, offering FREE pre paid card. Other perks for the customers include bounty, referral, affiliate and cashback reward. ZANTEPAY is aiming to reach 1mio customers by the end of 2019.

Undoubtedly, good management is necessary for any project, including, for ZANTEPAY too. Have you seen their team, advisors and others? I think they are good specialists and will be able to fulfill their requirements. And what do you think?

In your words there is some truth. The problem with cards that allow you to pay with crypto-currencies is very difficult. But this is not an excuse to turn from plans to implement this idea. Maybe softcap\hardcap does not play such a big role. But you must agree, these plans can not be realized without resources.

Of course it is always good to have competitors in the market, this way it will not rest in the hands of one body and as well provide a an opportunity for investors to make several choices, but the reality is, its very difficult to get this card provider company's to endorse the project to enable it possible for spending using crypto,
that TenX Pay has not yet made it a reality dose not mean Julian is not trying to make it possibe, but it just goes to show that its not easy to achieve this aim, which also applies to other similar project, but in any case Zantepay really have to worked extra hard to provide a debit card that allows you to spend using crypto, i don't think soft or hard cap has anything to do with that.    

Well as the popularity of this ZANTEPAY coins increase, I think it will also need for a good at managing it's wealth so that the project will keep going smoothly.

What are Zantepay's competititve advantages over Crypterium? Just curious is any research on it was made

600 M coins - it's not so much. eg. 10 times more than LTC. which now costs ~ 145 $. hence, ZNX can cost ~ 14 $ without problems. This will take time and a lot of team work. But in principle, it is quite possible in the future, when the project will be strengthened in the market. I will say more, the capitalization of the entire crypto-market is growing, so the figure of $ 14 is not the limit for Zantepay.

The price during the sale is a bit high, event though the total supply is 600 M coins. But that doesn't mean that the project is over price, hopefully that the price will keep increasing after the ICO ended.

I like the project team. They look capable of realizing everything planned in Zantepay. I really hope they will succeed. I will follow the development.

what information did you have to wait for? all information is available on the website and white paper. results will, of course.

Did I understand correctly that there were 20 days left before the end of this stage of ICO?
 with that bonus: 1 ZNX = 0.1 €
                          1 ZNX = 0.000183723 ETH

I will be waiting for more information.  I hope that I will receive a good result

Answer me please. How many languages are Zantepay translated? How many languages will WhitePaper be translated into?

If Zantepay realizes all its plans and their debit cards are in demand and widely used in everyday life, then it's just wonderful. I am pleased with such prospects. In addition, there will be nice bonuses with cash back.
Regarding bonuses: as usual, at the initial stages of ICO very good discounts. Zantepay is no exception. I think to invest until the price for tokens has increased, when the next stages begin.