Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Elitium - A Digital Economy to Lead a Life of Independence, Value & Growth
by
PAMPT
on 25/09/2020, 13:52:46 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?

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.

They wont, they will get sucker slapped in the cheek by circumstances. This is the boldness of fate which is known to catch you wherever u go, grapple u to the soil to subsequently humble u down. These guys took too much of fancy promise on their shoulder and will yield under its weight. They lack cognizance of this market which is equal to not having wheels on ur car when u go for a ride across craggy landscape.