Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] ⚡ ZEEX ⚡ ⚡ CRYPTO TO PRODUCT ⚡ NO FIAT, NO FEES ⚡
by
ZeexICO
on 03/04/2018, 11:47:32 UTC
Is this something like a payment platform similar to PayPal, which is exclusively focusing on allowing crypto payments to obtain products?
We focus on enabling purchase of products and services with crypto by connecting virtual gift cards and cryptocurrencies, so that you can instantly exchange your ETH for Starbucks gift cards and buy your coffee without fiat or fees!

Ok but someone said it will be anonymous. Is that true and if yes, how are you going to deal with compliance issues as a payment provider? You can't get away from it because ultimately you want merchants to also be connected to the system right?
We absolutely want merchants connected to the system, but we don't have any compliance issues because we allow any merchant to sell to any person and vice versa, anyone can use the protocol.  Because of the anonymity and decentralized nature, the only way it can possibly work is for the users to responsibly report their own activity to the authorities.  Zeex simply doesn't have any information that it would need to report.