Hello guys, i have three questions about your interesting project:
-how will you get a banking license to make your cards work around the world if you don't follow kyc/aml rules?
-i could not find find info about ICO timing. In WP closing date is 29.07, but on the site there are 105 more days (till 29.10) what is true?)
-what's with bounty stated in the topic name?
I asked the same questions. It seems that they will be aquiring an Andorra banking license and having partnerships with national banks in every country.
Does it mean that those banks don't want to know where this company, trying to become international payment system INSTEAD of visa and PayPal, took so much money? It looks very strange nowadays.
And may be you know about ICO closing date?
That is true. ICO closing date is on 29 / 10 . We are taking the ico further to reach the hardcap, capital needed for the financial licenses, without it we cannot open the first Orbis branch.
Using national banks services ( as business
bank accounts to safely store fiat money deposits and insure our clients assets )will get us a better relationship with the governments.
Everything will be decentralized. We will use kyc for our customers who will require the card and nfc app. The rest of our customers that want to remain anonymous will have the chance to exchange our coins in public exchanges.
We have already been accepted on several big exchanges but will not be listed until we reach our targets.
The stability of the ORBS coins will rely on a great amount of released coins and not being listed on any exchange + some secret touches of our programmers.
Both of the coins price will start at the same price 0.50. The stable price coin will mantain this price, being backed up by EURO currency in order to sustain a exchange rate with the other currencies.
I could not find any words about hard cap.. What's the number? All tokens? Is it possible to know how much do you have in fiat equivalent?
You will use Visa or others ecosystem to run your cards/nfs, am i right? Or just In app fiat pays?
Do you have any bank-partners/initial agreements? Are you sure that national banks will let you use their services will "not white" money from unknown investors?