Quote from: mtmonte on January 21, 2018, 10:35:40 PM

Great project! This will certainly make it easier for the general public to get into this space. I'm a bit worried about the 6% fee, however. I think this may break adoption as it is much higher than other entry points into the market. I understand the convenience and familiarity aspect of buying a "gift card" containing BTC and other currencies, but what's stopping any other big exchange from offering the same product at a lower rate? Coinbase for instance charges 4% for credit card payments and have already established an exchange. They would also not require an intermediate coin for the transaction. What do you think?

Hi there!
We offer a new option to buy cryptocurrency for everyone locally, next to for example Bitcoin ATM's. Where you might think that 6% might seem steep, please have a look at the following links:
https://coinatmradar.com/blog/bitcoin-atm-fees-2016-revision/
https://www.reddit.com/r/btc/comments/5j66q2/bitcoin_atm_fees_2016_revision_average_buy/
https://coinatmradar.com/charts/#fees

Coinbase charges 4% for credit card payments but we will distribute hard-plastic gift cards in local stores world-wide, and in order for us to make this a sustaining model in the long-term, regrettably we will not be able to distribute these gift cards under a 6% fee.

Also note that we will implement a burn of 1% of these 6% fees until the total amount of available tokens has reached 20'000'000 (due to our burning).

Please let us know if there is anything else unclear!