What I cannot understand is, if these cards are expensive... why would you want to discard them... once you used them? I cannot see on their site what the cost of the cards is. Is it supposed to be disposable or is this more like a cheap hardware wallet? If this is like a cheap hardware wallet, then I will buy some of them.... the hardware wallets are expensive and the firmware updates is a pain in the ass.
They are selling a limited edition Pioneer Kit of 5x 0.05 and 5x 0.01 unfunded cards for $199. When I pointed out above that only makes them suitable as a hardware wallet I got this answer.
The price tag is just for a limited edition Pioneer Kit for people who want it now, while we're rolling out normal distribution channels around the world, which takes time. The Pioneer Kit also comes with additional features which makes it useful as a highly secure hardware wallet. For retailers the cost of a basic Tangem Note is designed to nicely fit within their margins.
If that means they eventually end up being a few cents each then they could be used like bank notes and people would just hand them over. If they end up being more expensive then they'll be a handy credit card sized hardware wallet you can just stick in your wallet with your cash and cards.
Can you expand on what the additional features are and how the basic version will differ? Also what ballpark price range are you talking about, say per 1000 units?
We're working with distributors around the world to figure out the right feature set and volume pricing. Aspects of reusability can be restricted in the basic variants meant primarily for physical circulation and fixed denominations.
The ones in the Pioneer Kit are more like full featured hardware Bitcoin wallets, only more secure, simpler to use, and much cheaper.
OK, very interesting. I'll keep watching to see what they end up being.
