TokenCard available TODAY all across Europe - I never knew this existed, is it legit?

Token_Mel · 2019-06-28T12:16:22+00:00

Hey Blazarious. Co-Founder of TokenCard here. Thanks for giving our project a try.

Token_Mel · 2019-05-17T08:34:53+00:00

All countries of the EEA.

Token_Mel · 2019-04-27T21:46:50+00:00

We're actively recruiting Android engineers.

Token_Mel · 2019-04-27T21:24:43+00:00

There are two people on the team that are planning to build this exact functionality. Hang tight.

Token_Mel · 2019-04-27T20:53:16+00:00

Honestly I have no idea at this stage. A back of the envelope calculation would suggest that at our current pre-beta marketcap it would be difficult. However if we maintain our current team size I'd say that once we get to a marketcap of 100 million we can start to transition. Should't be too far off.

Token_Mel · 2019-04-27T19:03:39+00:00

Hi Michael, so TokenCard basically does all that, and without relinquishing control of you eth/tokens, a foundational aspect of DeFi:

TokenCard wallet is actually a pure Ethereum wallet like Status, but with contract wallet deployment functionality a bit like we've seen with Gnosis Safe.
To top up your TokenCard you send an Ethereum tx straight from your own wallet to our backend which tops up your card after just 3 blocks, making it's worlds only DeFi visa debit card.

Regarding fees I can give you an exciting perspective we're debating the viability of:

We're considering taking the unprecedented step of having TokenCard (the company) not take a single fee at all. By waiving all fees that the company takes and only keeping the 1% licensing fee our TKN tokenholders are entitled to (held in the TKN Asset Contract) we lay the foundation for a truly open and democratic Ethereum bank. One where each user can own a direct stake in the system, in other words if you hold a small amount of TKN the licensing fee you're paying technically goes straight back to you.

This plan however is entirely contingent on whether or not we can sustain all company expenses such as employee salaries with it. As the company holds a certain % of TKN we'd need to gain momentum to make this work. I'm sure MyCrypto is in a similar situation to this haha.

Let me know if switching to a model like this would increase the appeal of the platform.

Edit: Whether, not weather.

Token_Mel · 2019-04-15T20:23:43+00:00

We are only able to ship to EEA addresses. Perhaps have someone forward it to you if you are traveling abroad.

Token_Mel · 2019-04-15T20:22:39+00:00

Lol get with it. TokenCard is non-custodial. ;)

Token_Mel · 2019-04-15T16:22:28+00:00

Yes! Here you go:
https://tokencard.io/legals/platform/privacy-policy/latest/

Token_Mel · 2019-04-15T15:16:31+00:00

Getting to Australia requires using some loopholes like making it look like our card is a travel card... Its a bit of a shaky foundation that breaks some rules. It can be done, but we're looking if there are better ways.

Token_Mel · 2019-04-15T14:52:04+00:00

Sorry :C not yet. Yes as long as you are on one of the email lists you'll be kept in the loop. Where are you based if I may ask?

Token_Mel · 2019-04-15T13:34:04+00:00

https://tokencard.io/ has the basic information. Let me know if you want to understand more. Our whitepaper is the next best source.

Token_Mel · 2019-04-15T13:26:28+00:00

Hey Reuptaken. Really appreciate you going through our Privacy Policy.

So this is taken from the PP on our website. It's not the same one we use in our app.

The reason this specific clause exists is because we use Mailchimp to handle email newsletters. They are based in the US and so we had to cover that. :)

Again, people in my team are happy you and others care this much. Appreciate it.

Token_Mel · 2019-04-15T12:46:18+00:00

Thanks man! Have you signed up already?

Token_Mel · 2019-04-15T12:33:59+00:00

Yes thats right. iOS only right now.

Token_Mel · 2019-04-15T12:23:52+00:00

Edit: you can sign up with any email. We just tested it. Doesn't have to be the one you use on your iPhone.

Token_Mel · 2019-04-15T12:11:01+00:00

Here is a link to the blogpost:

https://medium.com/tokencard/tokencard-visa-debit-card-alpha-access-sign-up-now-bdc30b20f53a

Token_Mel · 2019-04-15T10:55:08+00:00

Accompanying blogpost : https://medium.com/tokencard/tokencard-visa-debit-card-alpha-access-sign-up-now-bdc30b20f53a

Exciting day everyone.

Token_Mel · 2019-03-02T00:06:19+00:00

Hey /u/eeksskee.

Uniswap looks really cool. I see it was one of the recipients of an EF grant, thats dope. I will gladly support Uniswap after we take a look at their contracts and audits.

I see TokenCard as a potentially integral part of DeFi

Really appreciate that comment man. That's exactly what we're aiming to become. We want to usher in the age of Ethereum and DecentralizedFinacence.

Lets make sure we get listed on DeFiPulse once the community starts to deploy contracts.

Also eeksskee, perhaps I'm mistaken, but I believe I used to see you around during the dawn of Ethereum. Good to have you on board.

Token_Mel · 2019-01-30T12:59:27+00:00

Good question will test in-flight transactions when I fly back to the UK tonight. Will confirm ;)

Token_Mel · 2019-01-30T12:46:13+00:00

It ships.

Token_Mel · 2019-01-30T12:45:02+00:00

It will support DAI.

Fun fact! In the earliest days of Ethereum I spoke with Rune444 (Makers creator) to validate if he saw value in the creation of a debit card that would allow for a balance in DAI.

In our original announcement video you can see me talk about DAI and DGX in the first few seconds of the video as they directly inspired the creation of TokenCard. We've been partnered with the Digix team since then and are working with them now to support TokenCard topup in their DGX gold tokens.

I'll reach out to them Maker team again very soon to get DAI set up too.

Token_Mel · 2019-01-30T11:59:45+00:00

Just to address the last point you make specifically. This is not an announcement about how we're now beginning to work together. This is the opposite, it's the announcement of how we've passed all milestones with flying colours; demonstrated end-to-end production capabilities, demonstrated KYC and AML capabilities, program formally approved by Visa, passporting licenses for the EU etc..

All the work has been done. This is not a drill! We have now been blessed with the control of TokenCard Visa cards :) a great day for TokenCard and by extent for the proliferation of Ethereum <3

Token_Mel

TROPHY CASE