Topic: Is there interest for bitcoin gift cards? - page 2. (Read 507 times)

If you want to develop a cryptos gift card, then it must be online gift card instead of offline. At present, everyone uses the voucher or gift card through online, not the offline form of leaflets as before. And if you make a gift card for cryptos, it's an e-wallet as nature, and I do not think it will be easy for the developers to develop this product.

I think it could be really cool as a gift.
People are searching for goods/gifts for their crypto lovers friends, and sometimes they find them-self buying a worthless shirt( that usually their friends won't wear because they don't want people to ask them a lot of questions)/ paper wallet that you can't really verify that is cold wallet and the one who printed it doesn't really saved the private key.
A bitcoin gift card could also be nice for people who heard and wanted to buy bitcoins, but never found the time for that.

For the beta phase, I don't think there's enough time for company registration (things here take ages), but I'll see what I can do.
And your suggestion just gave me an idea, I'll see what I can do for it.

Yes, 5 - 10 in a year. I guess less than 5 other users, since BTCitcoin isn't that known here.

This is something that differs from country to country but based on where I am, anything less than $50 should fall on that category.

Further steps beyond those would be needed so someone can verify if you or your company are real or not. A company address that others would be able to verify, can be a good start as well.

Not sure how much what I'm about to say adds to the cost but maybe have it as two to three page cards (like how brochures are, just in smaller sizes).

We're working out something for the market volatility as it's one of the main concerns since day 1.
As for the govs, currently we don't have laws about it where I live, and I'm staying on low profile. The only concern would be on the consumer side if he's paying with PP/Credit or whatever other system as they might get aggressive sometimes.


I'm discussing it with few people to get things started, but we don't have a launch date ready yet, soon as we have one I'll make sure to announce it.
It's a bit hard to start with multiple coins at the same time, and pretty risky, so once we get things rolling on bitcoin, implementing other cryptos will be easy and smooth.

I'm not sure what you expect on offline transaction, so would you mind explaining it more?


Thanks for the interesting links, it's always good to see what others have reached.


New question for you guys:
*What special occasions would you like to have the cards for? I'm not that cheerful person who remembers all occasions, the ones I have in mind right now are birthdays, x-mas and new year, not sure if you'd give bitcoin in valentine (there are more suitable coins for that )

The idea is good. I'll just add a little more info here ,more for bitcoin notes, not cards but still informative>
Here is some similar idea > http://www.bitnotes.org/
There are already a banknotes with chip on in. Here is the article > https://hackernoon.com/these-smart-banknotes-could-bring-crypto-to-the-masses-4be57bcca1c7
NOTE: The links are just for information, I do not promote anything!

This is unique hoping this idea will be spread out all over the world it would helps many stores to accept crypto currency and transact online and offline. This is also one of the big help to promote and advertise bitcoin to many people in yhe world, many people will be benefited by this idea.

When this project launch? I think many users will be interested with this gift card, i think much better if that gift card would be available for multiple coin Since many users are love to spend other coin like ethereum.

Agree with this, it will helps to all gift card users where they spend that card and also we can used crypto currency in offline and online transaction.

Good idea!
But the whole market is bearing now and the volatility is too high!
It's too hard to control you risk!
And the regulation from the govs is more strict and strict,that makes
it more difficult to make profit!
Anyway,just do it!

I see... you're pretty on point when it comes to pre-made cards, price can change way too much and the card would lose or sky rocket... it'll take me couple days to think out a solution.

Now that can be a hard thing to solve, finding shops (or normal users) that are willing to be sell points for the cards, specially at the start. Guess I'll have to look into areas with high crypto users to start with.

So you'll be buying like 5~10 cards a year? if you'd estimate, how many other users in your area will do the same?

How would you define small amount ? anything less than 10$? 20$? 50$? 100$? or???
I think it's possible to implement both solutions. Also, how would you define a well-known or verified people? I can put up my linkedIn, and contact info if necessary, but since I'm just your everyday Joe, there won't be any person who knows my name.

Would you consider placing it in your iphone cover maybe it'll be a bit hard to put everything in small size card and leave a space for the design, will have to manage to do it somehow.

Well, if I do a field survey in my area, I'll just quit crypto, no one here uses it, and the mind set of people will take ages to change (they don't trust online money at all). I'm more targeting people around the globe, and willing to partner with local distributors to reduce shipping fees.
As you said, time is really essential in this, I'm pretty sure many potential competitors are thinking and planning right now, but taking the initiative is risky that's why most people are staying low, the first one to take risk -if he was successful- tons of competitors will show up immediately.

It’s a great marketing strategy towards cryptocurrency and if this idea be implemented soon, I have one specific suggestion. Start making a field survey that is concentrated in your area that has crypto enthusiast that can try this product. If this be planned and executed securely I don’t think the community won’t support it but the problem would be the competition in time this goes viral. So take all those advice as a guide but always do what you thing would work.

Preset amount (although there will be the issue of "price fluctuations" since the gift card would be pre-made [for a shop]).

At a shop.

Honestly "NO". BTCitcoin isn't that known on where I am and it will take a long time before I'll be able to sell everything (location is vital for this, especially when ROI is at stake).

Few cards for special occasions and whenever the need arises (small amounts for personal use).

If it's just a small amount (something that I would give as a gift to someone), then the 1st option would be fine but if it's for larger amounts or for my own personal usage, then I'll go with the 2nd option.
Take note: Everyone behind the company should be well known or somehow get verified.

If it fits a normal wallet, that would be nice.

I'll take a look at that project when I'm back home.

At the start it might be a bit annoying till I establish some flow (and hopefully a company and sell at local shops), the initial idea was that you pay the card fee and the charge amount in crypto, but since you've raised such concern of exchange hassle, I'll work on a solution to accept the most common (non crypto) payments as well.


Thanks for the encouragement


The idea of listing all stores accepting bitcoin is very nice, it'll allow people to know where they can use their coins at.


As I said above, it wasn't in my thoughts to accept non-crypto payments, but with this feature being requested I'll make sure to give it a deep view to ensure customer satisfaction, so rest assured.


I'll be working on a generalized solution that supports all crypto currencies, it actually shouldn't be much different than BTC implementation, will probably do few DOGE cards for the lol (along with testing and ads).
Thanks for the encouragement, I'm contacting few friends to help me get started, hopefully we get stuff managed (mostly worried about the legals, and initial production amounts).


Sorry if I missed any question/concern that anyone posted, I'm a bit sleepy


Few new questions for you guys to help me model the service:
1- Do you prefer a preset amount for each card? or would you like to charge it up to your liking?
2- Would you prefer a complete online order (even if it costs you slight privacy? specially when paying non-crypto like PP) or would you prefer to complete the deal at a shop with cash in hand and no personal info required?
3- If you answered 2 with completing at a shop, would you consider being a local distributor? why? and what would you expect in return?
4- Would you plan on buying larger quantities? continuous supply? or you just buy couple cards on special occasions and forget the service for the rest of the year? as this can affect the way to get local distributor.
5- Would you trust me/us/company to have the private keys in order to make things a bit easier at your end? or would you prefer spending extra couple minutes at your end to complete the deal without me/us/company having any way of touching the money in the card? note that this choice will affect the ability to recover the funds in case the card is lost, at the expense of storing some of your personal info, so this isn't for everyone.
6- Do you have expected shape/size/dimensions for the card? it might end up a bit larger than normal cards, but will make sure the space is well used.

If you wish to do a good job then you need to offer bitcoin and other altcoins gift cards. I would be interested in buying such cards like presents for some close people I know, in that case I would like more expensive gift cards, and some cheap ones for people I know and I wish to give them a ticket for this crypto world.
Idea is great and I think there was similar ideas in the past. Every start is hard but if you are dedicated maybe you can do something more and start some good business. I will follow this topic and if you start with crypto gift cards I will be one of your first customers. Good luck my friend, if I don't see your start feel free to PM me.

I would be interested in buying a bitcoin gift card if the rates are similar to most bitcoin exchanges and also it's a good way of giving someone bitcoins instead of sending them to their address. One time I bought a bitcoin gift card before from this website but the rates were so expensive compared to my local exchanges where buy rates are cheaper by 30%.

Correct, i think many bitcoin users will be interested with this kind of idea, you should need to list all the stores accepting bitcoin right now all over the world to used your card spending with that store like here in our country most of the stores accepting bitcoin is cafe and lodge.

Can you share here the designs of the gift cards.

Yeah, it is a good idea to make bitcoin gift cards. If you want to do it then it is good opportunity for you, and now people are buying and selling different things from bitcoin then why not you can do it. I always courage you and now in this forum wise, you can do publicity of your bitcoin gift cards.

There's another similar project (to an extent) that is trying to achieve this (etcetera). Regardless of that, it will be nice to have some alternatives as well (like your project).

It depends on how "easy" the whole process is (for buying it). If it saves me the hassle to go through an exchange (in order to buy small amounts of BTCitcoin), just so I could send it to someone as a gift and for normal usage, then "YES".

Current design goes with scratch off to reveal the private key, however I'm trying to think of something less traditional for that.


Paper wallets are the traditional way, all I'll be doing is providing some fancy design to make the gift look better.
I'm working on solving the security issue currently since I don't want to lose customers on first sight, probably will need to write custom software to obtain the wallet keys then import them to another wallet.


They build a whole crypto currency for that reason, I haven't looked much into details but I found few key differences: they have set values for gift cards, while mine have custom values (you decide); they store value in fiat, while mine stores it in whatever crypto you used; they have an external system running for it which can have its own problems, while mine requires nothing extra (other than the reader properly).


You have a nice point there. My point here (according to my current vision) is that I'm giving you a nice design to present it (and some other marketing stuff I'm working on), so instead of asking them for their address (then they'll know what you're up to), or creating an address and giving it to them (then they'll have to immediately move the funds) you buy a nice card with nice design and the value you wish, and give it to them with a smile on the face.

I think I will buy few