TokenCard Coin Review
When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of TokenCard Coin.
Origin & Background
The company Monolith Ventures Ltd created the Tokencard-project. They want to make VISA payments possible at the Ethereum network. The TokenCard is essentially just a crypto-based token debit card. Also, it symbolizes different ERC-20 tokens accumulated over time. In short, consequently, TokenCard is a platform with three elements, namely: a Token Contract Wallet, a TokenCard, and a Token App.
Token App has a team of 10 members. These 10 members are founders, engineers, directors, and developers that ensure maximum accuracy in data processing. TokenCard has two groups. One is based in London and the other in Seattle.
TokenCard is powered by the TokenCard Coin (TKN), an underlying token with pro-rata claims on a pool of ETH and ERC-20 tokens. Basically, your contract wallet is linked to the network to allow online payments, Point-of-Sale transactions. Moreover, the wallet secures the user’s asset balance and enables spending. The app, Token App, exists to allow easy use of your tokens.
TokenCard Decentralized Financial Payment System App
The app is there to assist view and manage assets in a single page. You can also send and receive your crypto-assets here. The app enables you to observe expenses, access and invest in ICOs and receive proceeds from the same immediately to your wallet. The app also has an In-App chat where you can speak directly to the team behind the project.
TokenCard exists to give each ERC-20 token value and let users spend all supported tokens whenever they need to. The goal is for them to be able to swipe their cards at all VISA merchants all over the world in the future.
In addition, TokenCard will mean all cryptocurrency payments would not be made online, but also in physical stores. Better yet, users will not meet any transactional costs when using the card at the Point of Sale.
Pros & Cons
We have not identified any obvious pros or cons with the TokenCard Coin.
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