Quote from: tippytoes on Today at 08:37:03 AM

Quote from: ActAshton on September 14, 2020, 11:43:51 AM

Quote from: holydarkness on September 09, 2020, 11:40:17 PM

To be sure if I get them correctly, so instead of the whole continent like Europe or the whole country like USA, Asian market will be on selected countries based om the regulations? In your prediction, how will this affect the market preferences? Won't countries without the card "privileges" be hesitant to adopt your token as they're not that.... functional?

Doing business in the US is a very sporadic and timely process. Asia is easier to jump into and a lot of countries love the western paradigm their bringing to the table.

PLUS, it is easier to gain access to Asia when shipping cards globally. US is also a toughy unless you have a direct partnership with VISA or Mastercard, which very few have right now. It took Wirex only 6 YEARS to make this happen. For Elitium, it might be even sooner given how we've seen these fintech giants react to the markets.

Let's see first if they can conquer the market in Europe or USA, because once they are successful in those countries, expanding their network in Asia will be easy. We have seen a lot of these projects but their actual presence in the market is usually a failure. Not many users are actually using this crypto card. The mission is great but when it comes to implementation, is very hard to accomplish.

Europe is easier because of the resources available already. EMI and card shipping partnerships are a bit easier to acquire than they are in any other continent. After the Wirecard debacle shook the world, there is a need for something a bit more reliable and transparent. They had a great approach to the general consumer but soon the consumer will evolve into something more high-end at the rate of this market. DeFi will make more millionaires than the ICO boom will.

You're absolutely right, by the way. Implementation and go-to market strategies can be a bear, but they are not impossible.