Check back in 6 months, these will be the same excuses they have when the price is still in the tank and we still have no NFC.
Yeah go buy crypto on one of our other services that don't help the crpt token price, but hey thanks for the 51 million
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Owning CRPT will allow you to use our services within our application. CRPT is used to fuel digital assets to fiat for purchases, bill payments, transfers, etc. CRPT is your ticket to our cryptobank services.
For our users who hold their CRPT in the app and make crypto-to-fiat transactions through the app within the time period.
Up to 30% of Crypteriums transactional income is used for MLP. It is about 0.15% from each crypto to fiat payment to merchants. If we are talking about payments via payment systems(Visa/Mastercard/etc), there is an acquiring fee which merchants pay for transactions processing. Some part of this fee is shared with the bank which has issued the used card (interchange fee). As our partner that issues cards for Crypterium app users, we're getting that fee. It's about 0.5% from each transaction. as an example (so, 30% of 0.5% is about 0.15%):
MLP assumes 4 categories on the basis of the CRPT balance in the users Crypterium app*:
1) Bronze less than 1 token
2) Silver tokens amounting from 1 to less than 8,000
3) Gold tokens from 8,000 to less than 25,000
4) Platinum 25,000 tokens or greater
On NFC:
We had a very big partnership lined up, but for reasons outside of Crypterium, that partnership did not come to pass, so we weren't able to launch the services that we hoped for in the second half of the year. Unfortunately, that partner had a complete change of vision and decided that not only did they not want to be in crypto, but they didn't want to be in payments at all. We were just a casualty of a wider decision that the company took. We are now talking to 7 and 3 card card providers (Visa, Mastercard and UnionPay) to enable those same services and approaching these services by not "putting all of our eggs into one basket." Some tough lessons were learned this year, but it is guaranteed that we will deliver what we promised and what our users are looking forward to in a very short period of time. One of those payment solutions will be launched in or around 6 weeks. It probably won't be the perfect model we originally intended, where your card is 100% directly connected to your wallet, but there are solutions that are 95% as good as that and that is what we will launch. The partners we are working with will be for both physical cards and NFC.
You can currently buy crypto via credit card with our InstaChange service, which can be found here:
https://instachange.net/We have no control over the price of the token. Unfortunately the crypto market has fallen dramatically over the last few months. Our token follows the path the market wants it to follow. Unfortunately, the market is just not positive at this time.
The bounty program happened during our ICO and is over.
Great things are coming in 2019! So stay tuned!
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