Post
Topic
Board Exchanges
Merits 1 from 1 user
Re: Cryptopay: A Central Entry Point to a Decentralised World
by
JollyGood
on 10/12/2019, 17:19:16 UTC
⭐ Merited by milewilda (1)
Seems like the next update would be on next year yet cryptopay support isnt active on this thread which basically means that this will take for some time.

By the way, if ever op would go online. Its almost a year that i do ordered out my card but it never reached my residence which i do wonder if those are totally had been shipped or not?


I would go so far as to say that the card was never created therefore was impossible to be shipped out.

Cryptopay OP posts in this thread when they want without writing anything of substance. This is not a real card project, it is a failed project.

You cant say such thing yet my friend do get his Cryptopay card but it did take several months due to countries location plus on a very slow postal service.



Thank you for the post milewilda.

You misunderstood me. What I mean to say is that the project is a failure. Looking at what they intended to do with the $18.5 million funds they raised in the 2017 ICO - they have not been a real business at all.

October 2017 ICO Token Price: 1 CPAY = $0.31     (0.00100000 ETH)
December 2019 Token Price:     1 CPAY = $0.029   (0.00020258 ETH)

They failed because they were getting some cards to some users in some locations while some users who have been waiting for over a year means the business has failed in its objective. This reflects in the price of their tokens and overall market capital.

Even scammers Minexcoin managed to get some cards to some users before going all out scamming then vanishing. I do not think Cryptopay are going to go down the same route as Minexcoin/Minexpay but they are way behind their own goals and targets. A deeper investigation in to Cryptopay I made in the past also showed their exaggerations about having a hub and physical office with staff in London when the reality was they had no such thing. Their business is not what they portray it to be.

https://icodrops.com/cryptopay/

https://coinmarketcap.com/currencies/cryptopay/

If they hired an experienced group of board members to take the business forward it might help way beyond they own imaginations. With the right guidance maybe Cryptopay will be a household name but right now they are nothing. Nobody is lining up to get hold of their cards and there are too many reasons for that negativity.