Already seen more than 10 similar projects that have the exact same concept. I do not say that this is definitely a failure. However, there are a lot of such "Banks" and in reality they still do not work, everyone is waiting for something.
As we know there were a lot of projects which promised crypto-friendly cards and most of them are still not working due to wrong project management. These projects were so focused on the fundraising that they forgot to check the technical and financial requirements to launch crypto-friendly cards on market. Unlike these projects, BANKAERO team already invested its own money to develop minimum viable product and checked all necessary guidelines, just to be sure that our platform will comply with Visa rules and regulations, before we started promoting our project.