I think to make virtual debit cards and plastic cards you will need special permits, and maybe a bank licence?
Not quite sure but I belive it would be very expensive and maybe not that much demand for a such service till ICO is fully launched and running a while
Making Virtual Debit and credits card for a New coin is an advance thing and it should be introduced when the coin is available at exchanges for trade and not at the time of ICO.
I am impatiently waiting for to get that Debit card as with that I will be able to use my money in ICONOMI easily at any local shop in my country and I will be able to withdraw my money at my ATM whenever I will need it. I wish that it will be adoptable by everyone easily.
That's good news If this is realized I can imagine in the future iconomi also ready to compete into the future cryptocurrencies
But they say it only debit not credit why not for both ? debit and credit
Because offering credit is a whole different business
You explained all in 7 words! That's the only reason.
Edit: the card serves primarily as a tool to have your funds invested with ICONOMI available 24/7. Just imagine how powerful that is and how long it takes for money to arrive after selling some ETC mutual funds stocks in the old economy. It's not 24/7 and it's not real time.
It is a good selling point, but my concern is whether it will eat large chunk of investors' money to implement. With a limited funds, I think the open fund platform still should be the highest priority. BTW, is the card gonna work in US?
The Fund Management Platform is definitelly priority number 1 to which we are heading!
For card.. I can not check now about US. All I remember from the country list that Nigeria is on a no-go list.
Edit: will know this week about US for sure and I will post update when I have one.