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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW

-https://wirexapp.com/
https://darknetmarkets.co/wirex-review/
-https://bitcointalk.org/index.php?topic=1410577.0

https://bitcointalk.org/index.php?topic=1887092.520
https://tokencard.io/
https://www.cryptocoinsnews.com/tokencard-ethereum-smart-contract-powered-debit-card/

I wanted to showcase Wirex for a couple different reasons, the first being that this card has been reviewed many times as a solid bitcoin debit card, and the second reason being that this card serves as a good benchmark to show just how far other projects have advanced the idea of crypto debit cards.

Wires was launched in 2015 after raising 200,000 from crowdfunding through the BnktotheFuture platform. This is a stark contrast compared to the amount being raised by the popular ICOs today.
This card connects with Visa and MasterCard and works with USD, Euro, Pound, and Bitcoin.
Even though Wirex works with USD, this card is not available to US residents. To see the full list of available countries, don’t worry, there are many, check out the link that is posted down below.

If I’m understanding my research correctly, you cannot fund your Wirex account with fiat. Instead, you’ll have to fund this card with bitcoin or a number of different alt coins- these you’ll be able to find by checking out the links down below. Conversely, I believe you can only spend in USD, euro, pound or BTC.

One major hangup that I have with this card is the fact that Wirex is not anonymous. At least they don’t pretend to be, It’s stated very plainly on its terms and conditions page that they will share your spending information to be monitored by AML. They’ll also share your identity and address to regulators without notifying you.

But if that doesn’t bother you and you’re still interested in this one, you’ll be happy to know that this card offers 24/7 support if you ever need help.

Tokencard on the other hand held it’s ICO two months ago that raised 12.7 million dollars in under an hour. This shows the ICO craze now compared to the time of Wirex crowdfunding campaign.
Tokencard is not yet available to the public.
They are focusing on Ethereum and ERC20 tokens for the foreseeable future, this is because the users will hold their tokens in a smart contract wallet.
Their UI will be a contract wallet and you can use any Ethereum browser that you prefer.
Because Tokencard uses smart contracts, this means you would be able to set up recurring payments and pre authorizations as long as you have enough funds to cover it.

They plan on releasing their minimum viable product within 120 days if their ICO, so in September of 2017. This MVP will be made available to 500 of the early adopters of tokencard’s token, called… TKN, which I’m guessing is short for token. The general public release 1.0 will be rolled out 240 days after their ICO, so we can expect to see this at the end of the year or the beginning of 2018 if all goes well.

Once again, Tokencard will not be available to residence in the US or India, this may change as time goes on.

Tokencard has some interesting ideas for taking advantage of the smart contract features provided by the Ethereum Network that will help this card differentiate itself from its competition. These features will not be available on their MVP but will be for future releases include: multiple asset spending- taking a bit from different assets during one transaction,
portfolio spending- keeping a specified allocation of your assets
Of course they are incentivizing the use of their token, TKN by removing the 1% licensing fee for purchases made using the TKN token.

They also will have a “cash and burn” option which I’ll be honest I haven’t quite been able to fully understand what the motivation behind this is besides limiting the supply of the TKN token so that others can benefit from a higher payout if they in turn decided to burn their TKN tokens for a share of the accrued licensing fees.
If this is something you’d like to learn more about you can certainly take a peek at TokenCard’s white paper where they spell out the mathmatical equations they use to accomplish this.

source

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33 COMMENTS

  4. Of course, guys are going to 'salivate' over girls in cryptos because there are so few of them in this space, but I value her for info, the fact that she's a girl, is just a 'bonus' lol….it's really secondary…I'm here to listen to what she has to say.

  10. Hi friend. I would like to suggest talking about Wagerr. Owners of this coin will be able to bet in the upcoming McGregor x MayWeather fight on august 26th. As the demand raises, also the price of Wagerr increases. Wagerr fees will be burned also, which means less coins in circulation and also a higher price. Best wishes.

  13. When you say cards not available to US residence. Does this for Wirex for example that non residence can acquire it and use USD in the US? Alternatively can non US residence spend US dollars outside of the US if they are taken?

  23. Can you do a video on what EOS really is? From reading the white paper it is clear to the the tokens will be a eos.io web domain with no hosting fees and DB and Account management tools fully loaded.

    This is a massive game changer and really is net 2.0

    From what I see people are still thinking it's a token representing value in and of itself rather than realising that EOS is rolling out 2 billion web domains with the back end functionality of a My SQL DB with account permissions.

    It's a hierarchical structured network where businesses like Ebay and Uber will be challenged and disrupted.

    This is THE blockchain development we've all been waiting for and people can't see it due to the FUD around the ERC20 token distribution.

    This doesn't change how the game is played, it changes the game completely.

    To get a handle on future price, you need to ask yourself. How much do businesses pay to purchase a domain, for domain hosting now and how much do they pay for DB management software and services?

    You can't look at the crypto space to find the target price for EOS, you need to look at the business case, what it will do for business and what costs it's removing from their bottom line. My price tags in the thousands.

    Take $25 to buy the domain (if you get a cheap one)
    $20 per month to host it

    Just this alone represents $265 value and that covers 1 year with a super cheap domain.

    Now expand that to big business, how much do they spend on hosting and domain names?

  26. Great video! Could you also do a video on Monaco? There seems to be a lot of FUD out there, just want to know the facts and the main differences between TenX, TokenCard, and Monaco.

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