Crypterium’s virtual cards are potentially a billion dollar idea if they work and payment providers accept them. App based payment is big business; the most popular solution Tencent Holdings’ WeChat Pay had 600 million users in August 2017, Statista reported. Alipay reportedly had 400 million users and PayPal had 210 million users in August 2017.
Crypterium is probably worthless without a widely issued central-bank issued cryptocurrency. The cards might hold value as gift cards used at online merchants.
To succeed Crypterium will have to solve the cryptocurrency convertibility and liquidity problems.Read more