Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Elitium - A Digital Economy to Lead a Life of Independence, Value & Growth
by
elitium.io
on 15/09/2020, 13:19:02 UTC
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?

As I said on previous page, that's contradictory to your opinion, penetrating Asia market will be rather tough case because some countries limit crypto development. Thus, my question to team about their strategy to tackle the issue and if they've foresee what'll be the Asians' preference in regards to limited feature.

~snip~

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

I assume this answer is for my query? Or were you addressing the other two posts?
[/quote]
Sorry, still trying to work the BBCode format for quoting specific replies.

Similar to US, each country in Asia has their own set of requirements and compliance. Unlike Europe, the entire EEA has the same set of regulations for 99% of all countries.

Asia is ahead of its time for a cashless society (for most countries) with the recent spikes of technology in the last 5-10 years. We predict the card would make a bigger impact where it will be used most.

Also, most crypto whales and mining facilities are ran out of Asia and Europe, hence our narrowed target market. It won't take long for US and other countries to catch up amidst the pandemic.

What makes you think other countries won't have the same features as others? If anything, it's either the products/services will be available or it won't.