Re: [ANN][Preico] Laccoin | Alternative to Banking Industry

Whom does LACCOIN see as its main competitors? What about main competitive advantages? I hope that the developers already made a market analysis.

There are a handful of companies that have cryptocurrency debit cards, but there still isn't enough companies doing that. In regards to our debit cards, there are some companies such as Tenx, Cashaa, Paycent, and Monaco that issue cryptocurrency debit cards. If we take into account our P2P Social Loans and Union of Wealth Fund (Index Fund) with the cryptocurrency debit cards and then add our region of focus for our primary market the Latin American Caribbean region, we don't have competitors.

Thanks for the question.

Thanks for answer. Are you planning to create your own exchange for the LAC region? The first step is a wallet, the second is a exchange. In my opinion, quite a logical step.

Varyg, We have discussed it with our team at length. If we can get to our third part of our ecosystem the Wealth Fund and it runs how we want it to run, then we will most certainly look at bringing a low-cost exchange to the region. Anything that brings the masses into our community meaning the cryptocurrency world help brings about price stability to everyone. It is a win-win for everyone. Until then we will use other exchanges to do float our token on.

Thanks for the question Varyg. Enjoy the day.