Bitcoin Forum

We're happy to have gotten a lot of press yesterday! Give our Coindesk article a read here: https://www.coindesk.com/banking-startup-launching-visa-card-that-lets-you-spend-7-cryptos

You wrote . "Be the first of your friends to spend crypto
Use your 2 Together VISA card to spend your crypto as easily as if it were euros. Everywhere, instantly, without commission. You do not have to worry about acceptance; You can pay at any place that accepts VISA. ". But does VISA know about the fact that at each ATM you can cash out your tokens?

Well, perhaps they use the automatic service of recalculating the crypt in FIAT. We looked at the course - we went to shoot 100 dollars, came to the ATM, it turned out that because of a sharp fall, you can only 10 dollars.

For the moment, you will only be able to withdraw Euros from ATMs. We're working on enabling this function!

We got featured on Block TV! For those who process their information through video/audio, check out their interview with CEO Ramón Ferraz  ;D

https://blocktv.com/watch/2019-03-21/5c938b77172b2-chain-breakers-aiming-to-revolutionize-banking

Looking forward to the 27th!
A simple question, if i have some 2GB (the bounty tokens), do i still have to pay €10 to activate the account and then swap them or i can import them and avoid paying the €10 one time fee?

Yes. You need to download the 2gether app, pay a minimum of 10 EUR to 2GT to access the benefits of the platform, and then in the app you will be able to swap you 2GB for 2GT 1:1. For people not based in the EUROZONE that have helped the project, we are working on a solution that will be notified as soon as possible.

For a safety box account BTC and ETH, the private keys are encrypted in our backend. We are working on making the safety box account to upload and download private keys in the near future.

For exchange accounts, the private keys are held by the exchanges and we are currently integrated with Kraken. We are working on integrating more exchanges soon in our mission to give users the best execution price.

How are you guys actually going to track profits (or losses) for taxes? Spending crypto is a headache in many Eurozone countries since it is necessary to report every gain to the local tax office. I imagine this to be a problem especially if users who are paying with cryptos utilizing the 2gethers VISA card have purchased their coins outside the 2gether platform (maybe even through swapping one currency for another). I guess no user wants to declare every coffee that he bought during the year to the local tax office.

They have plans to expand outside Europe, i remember them saying it, but no dates were yet released on telegram (and i don't see it stated on the Roadmap so i think you will have to wait a bit still)

We will consult our community to decide which coins and tokens will be added in the future

Top up via bank account is not available now

Digital assets are not yet specifically regulated around Europe (with a few exceptions such as Malta). However, the different use cases around them are. It is up to every user to meet the tax requirements of his/her particular jurisdiction.

Yes, you're correct in your understanding; the card will automatically convert your digital assets in to FIAT. It's working great and you'll have freedom of choice when making payments. Check out our functionalities video to see it in action! Links to Video: Twitter (https://twitter.com/2gether_global/status/1105513999079272454), LinkedIn (https://www.linkedin.com/feed/update/urn:li:activity:6511279407703953408), Facebook (https://www.facebook.com/2getherglobal/videos/388433341981952/)

The 2GT will be with us for a very long time  ;). It's an essential part of our collaborative platform. It enables access and collaboration within the platform, rewards the members that create value, and captures all the value linked to the platform's growth. You can learn more about it in our Medium (https://medium.com/2gether/2gt-coin-the-key-to-2gethers-collaborative-model-480c8637f4b4) article. We hope you give it a read!

You can find the info on our Twitter (https://twitter.com/2gether_global/status/1105883170417926145) and Linkedin (https://www.linkedin.com/feed/update/urn:li:activity:6511651264240189440). One of our many points of pride at 2gether is the absence of additional (hidden) fees!

Oh that’s great and the ideal in my opinion. I recall that the white paper making general mention of “one user = one vote.”  So would token adds fall into this voting mechanism? Will voting be done within the app?
Thanks.

Does the app have the ability to add “watch only addresses” - for example, an ETH wallet for which I have the private keys but want to have an easy way to monitor the holdings via the app as part of my overall financial portfolio. If this is not on the roadmap is it something 2gether would consider?

Talking about the contextual marketplace, I've read in Tokenomics paper that "product and service suppliers include fintechs, banks and insurance companies" and in the whitepaper that we will be able to "acquire, exchange, and sell non-financial assets (e.g. electricity, data, telephone minutes, knowledge) relevant to the users’ personal economy as if they were money".

I know the platform is in its very early stages, but, after getting 400k users, when 2gether's marketplace started, every user could offer services and products in the app with 1 or 2 clicks only or suppliers will need to assign or pass through a screening to assure the existence of their services or products?

The white paper mentions “rounding up” purchases (presumably up to the nearest Euro) with the user being able to route the rounded up amount elsewhere, such as a “crypto trading account.” Do you know what exchanges will be available to send this round up? Is this achieved via an exchange integration/API, or an exchange wallet address?

Yes, we'll be following the "1 user = 1 vote" system involving such additions and integrations. Voting will be done through the app, but that might change as we work to give our community members the best and most convenient voting platform possible!

Absolutely, we'd love to add that feature (and any other features) if the community deems it worthy!

Suppliers would have to pass a screening to assure the existence of their services — all for the sake of the security of our community.

Another question - In the white paper I see that users will “enjoy benefits according to the amount of 2GT tokens held…”  Can you elaborate or provide an example of the benefits?  Im also curious for team thoughts on how much effect the benefits will impact holding behavior (and in turn, token velocity).

However, how could an user "acquire, exchange, and sell non-financial assets (e.g. electricity, data, telephone minutes, knowledge) relevant to the users’ personal economy as if they were money" if it won't be easy as make 1 or 2 clicks only in the app? Are the products and services meant to be traded between users?

my understanding is that the card will automatically convert my digital coins in FIAT to complete a payment using AI, is this correct? is it working fine? and if it is working, will I be able to select the cryptocurrency's that I would like to use? for example I might want to use BTC and ETH but I don't want to touch XRP, so will I be able to select only the ones I want to spend?

Sorry that your last question got deleted! the card will automatically convert your digital assets in to FIAT. It's working great and you'll have freedom of choice when making payments. check out the links below to see a visual representation — Links to Video: Twitter (https://twitter.com/2gether_global/status/1105513999079272454), LinkedIn (https://www.linkedin.com/feed/update/urn:li:activity:6511279407703953408), Facebook (https://www.facebook.com/2getherglobal/videos/388433341981952/)

The way a user can acquire, exchange, and sell non-financial assets will be through tokenization. We'll link real assets to its digital representation (in token form) with corresponding modules (proof of reserve, taxes, pricing, business rules, etc). The user will be able to redeem the token through 2gether. Imagine a Telco company that tokenizes gigbytes. For example, we will create a Telco coin which values 1 gb. The user will buy gbs and, instead of paying the Telco in EURs, he/she will pay using the Telco coin based on consumption.

For another example involving gasoline, a user pre-buys liters of gasoline and pays at the gas station with 2gether. At our Authorization Center, we receive the request that the user wants to pay 50 EUR worth of gasoline and we detect that the user pre-bought liters of gasoline and, instead of taking EUR from the user's account, we take the equivalent in the "gas" coin (with each coin equalling 1 liter of gas).

Through 2gether, you will also be able to exchange an excess of gasoline with a user that has an excess of kilowatts. We will have exchange rates between liters and EUR, and between kilowatts and EUR so that we can calculate liters/kilowatts in real time — making the exchange possible.

The basic idea is that instead of having the token EUR, which represents everything, users will have real asset-backed tokens (1 gas coin = 1 liter of gasoline)

The rounded up amount can be routed to wherever the user wants; be it a crypto trading account, an escrow account, or to an NGO.

For now they havent been finalized, but the benefits will be represented by service benefits within the app, as well as some aesthetic upgrades. Ultimately though, the benefits for the users will evolve based on the wants and needs of our community.

Hello admin, interesting proj but i have one important question - how can you guarantee that my funds and data will be confidential?

One of 2gether's slogans is "Become a customer and owner for just €10 and participate in 2gether’s presale".

In whitepaper, however, we can find the following legal disclosure "The 2GT Token does not entitle a Tokenholder to participate, whether directly or indirectly, in the capital of the Company, to vote or receive dividends, distribution, disbursement or interest payment, or be deemed the holder of capital stock, shares, or similar equity related or other rights (including debt) of any kind whatsoever of the Company for any purpose, nor will anything contained herein be construed to confer on the Tokenholder, as such, any of the rights of an equity or debt holder of the Company [...]" and so on.

"Users will be able to participate in 2gether’s collaborative model and receive real-time 2GT rewards every time they make a transaction within the following areas: contextual marketplace, data permissions, tailored marketing, and new economy solutions (tokenization)".

Members, among other benefits, can decide:
"-   Users will be able to vote on relevant matters related to product, price, etc. (e.g. 2gether’s next product, new card design, etc.)
-   Each user will have one vote"


Question: saying that users can be owners by investing in 2GT but don't giving tokenholder rights wouldn't be misleading advertisement? See, when I'm invited to be minority owner in a company, I want to have participation in the profits, or, if not, at least my vote to be equivalent to the number of shares I have.

I understand and really appreciate 2gether's collaborative model and the areas the app will cover could disrupt the way we think our data and daily banking solutions, but I think it would be clearer to state that the collaborative model implies cashback and rewards only not ownership per se.

Please, show me where I'm not understanding the meaning of the slogan.

There are a lot of scammers in the financial sector of ICO because they dont need to confirm the existence of the company in real life. It seems to me that your data will be safe thanks to the blockchain, if I'm not mistaken  ::)

Nice! It's an amazing tool IMO. Thanks for the reply, now I have a better understanding of the contextual marketplace. More questions coming! :D

Also... Why do you think that intrinsic value of 2GT responds to the fundamentals of the quantity theory of money? Maybe it is  simply comfortable for you to calculate using this formula?

Hi, this is a copy-and-paste from our FAQ section, but it's one of the more comprehensive answers available:

Protecting our customers' information and privacy is extremely important to us. 2gether has implemented all the security measures required by the European and Spanish legislation for the level of risk of the personal data processed.

We have a Security Document in which we collect all the technical and organizational measures for the protection of personal data. Likewise, in our Treatment Registry we collect the treatments that are done on personal data of users. We have a Data Protection Delegate with whom you can contact by sending an email to: dataprotection@2gether.global

Regarding your funds:

Your funds are managed by an Electronic Money Institution, which is regulated under directive 2009/110 of the European Commission. EMIs can't invest or lend deposited funds, and must always keep them available for the funds' owners. Only the customer can order outflows or inflows of their capital.

I like the idea of getting rewarded for sharing my personal data to receive customized marketing offers that are actually a good fit for me.  Can you elaborate on how my data is shared with a 3rd party making an offer?  For example, is my specific info only shared if I accept an offer?  Does the personal data otherwise reside 100% within 2gether?

Seems interesting, and i am always for more crypto cards because the competition raises the quality bar. I have to take tokenomics and white paper with me tomorrow, so i can study more. I am guessing that you are answering the possible questions in this thread?

CEO used worked at Monitor Deloitte. Coindesk has published an article about you. Not bad. It is just that I have not found how many IOS installs there are? Google play shows 1000+.

Have another question is OK... Is there a fee to send crypto via my 2gether app to a phone contact that also has a 2gether app? Is this transfer performed on-chain or within 2gether’s internal systems (analogous to moving coins within a CEX)?

My last question is more a tip.

To access banking services, people are evaluate by their credit score. A person with high potential risks has less access to lendings, credit cards and other services; a person with low potential risks has normal access to banking services; and a person with much money invested in banks and other financial companies are credited with the higher credit scores.

Okay. Some countries have national credit score or credit rating of every person. USA and UK have Credit Reference Agencies such as Call Credit, Equifax, Experian and TransUnion; Brazil has a company called Serasa, which rate people in a range of 0 to 1000.

My point is these ratings are really serious. They aren't like Uber, Ebay or Mercado Livre where people evaluate services and products with 0 to 5 stars and often give and are given the maximum score for the benefit of receiving the same rating, or for kindness etc.

2gether's whitepaper state that "2gether is already working, and will proactively work, on selectively incorporating the first products and create the first value-added functionalities in order to improve the overall everyday banking experience and engagement of its first users."

It continues, and let me say, showing a great respect to its clients:

• More specifically, the user can source financial products:
  Proactively: browsing the marketplace to search for specific products, categorized, and rated based on scorecards built on value for money and user experience variables
  Contextually: receiving personalized offers from suppliers based on the user's potential needs (e.g. liquidity expectations, product expirations, etc.), applicability and scorecard of available products, and rules set by each user regarding the usage and leverage of his data."

When people request a bank service, this bank will have access of our credit score. My question is: even considering (1) 2gether already choose the best products and services suppliers and (2) this kind of data being confidential, wouldn't be a great tool for 2gether's clients to have access of suppliers' credit scores to know if company A or B has high or low potential risks to work with?


If I didn't make myself clear enough, let me exemplify: client X want to hire a life insurance, he has sold his personal data to 2gether and 2 companies presented their products to him. I imagine the only things the app will show are: prices, the agreement, the name of the companies etc. If client X could see not only the scorecard created by users experiences (once more, like Uber, eBay etc.), but companies' financial credit score, he/she would make smarter or, at least, more conscious decisions.

What do you guys think?  ;)

Hello! you asked this question a few times already, and your question is still active on the previous page. Please refer to that post or check out our website www.2gether.global

If you're having issues with posting on this thread, we're very happy to take your questions via email as well — support@2gether.global

We got your back! Your data is never shared with 3rd parties without your prior consent. These 3rd parties will be in the E.U. or in the areas that the European Commission has designated with an adequate level of data security.

The only parties with access to your data will be 2gether (for maintenance, development, and analysis of our app) and Treatment Managers. "The relationship of 2gether with Treatment Managers is materialized in a legal document, fulfilling all the requirements demanded by the European and Spanish Data Protection legislation, and are subject to strict confidentiality commitments."

Yes, we invite you to ask your questions on this thread. We hope the WP and Tokenomics provides an insightful read!

Thank you for the suggestion Treslebres! You are absolutely right. In 2gether, the users are the owners and all of our developments are focused on creating more value for them. Financial suppliers are very relevant, but they will be incorporated in 2gether on rules-based models to satisfy the demands of the community. In this context, incorporating their ratings will be a priority for as long as it is priority information for the community.

In fact, you bringing this up reminds me to mention that this is exactly the type of thing we hope to get from our customer/co-owners. We have some features in development as we speak to incorporate this into our 2GT community section on the app, including voting on 2gether business decisions  :) - Ramón Ferraz, CEO

I’ve been thinking about the tokenization conceptual workflow in the white paper, especially the part highlighting the proof of reserve (independent 3rd party) to verify that there are indeed real assets to backup the tokenization.  I see that the end user can rate these 3rd party verifiers. Beyond user ratings, what other ways do you see to establish trust in the 3rd party?  My question is more conceptual since I can see this answer depending on what is being tokenized.  Could you share a couple examples or further expand out the “egg-token” example in the white paper?

Hello! The 2GT Token will be issued in the Ethereum mainnet

The card is a VISA

We have a shared IBAN for now, and a banking license isn't required to offer an IBAN — you can also use a 3rd party provider. Stay tuned though! We will be able to provide individual IBANs (based on your country of residence) in the near future :D

Absolutely! Feel free to leave any questions you may have after exploring our documents  :)

Hello! Due to forum rules, we're going to answer in English; apologies for any inconvenience.

The 2GT is currently pending approval by Malta to be recognized as a legitimate VFA. We'll let everyone know once it becomes official!

The token supply will be fixed and everything was taken into account when the team came up with this number. You can read more about this on our Tokenomics (https://www.2gether.global/images/docs/tokenomics_v01.pdf/). Thank you for your feedback, support, and best wishes!

Hi! it should end up in our in-app wallet, where everything is encrypted on our backend.
From our Whitepaper (https://www.2gether.global/images/docs/whitepaper.pdf/): "Cryptocurrencies Safety Boxes are individual wallets of BTC and ETH, created and managed by 2gether on behalf of users. The private keys are therefore managed by the Company to provide a user experience for crypto as seamless as the current digital standards for FIAT."

Hi! Unfortunately, you won't be able to generate an income from your btc and eth deposits. However, you can trade with others and save money due to us having the lowest fees among other platforms. Please see the "Crypto exchange comparison table" on our main ANN graphic for a more detailed look.

We currently don't have plans to disclose our client-count, but as we expand further throughout the globe, it may become a more viable option than it is today. I'll send your feedback to our marketing team and partners. Thank you for your support and suggestions!

But what about XLM stellars? what happens once we send the from our own wallet to 2gether investment address? where will they goes? does 2gether have any agreement with another exchange like coinbase or something like that?

thanks in advance for your patient and answers! you're doing well guys.

2GT’s price is €0.05 in presale. Once it becomes listed in exchanges, price will fluctuate as the market wishes.

Does that mean that if the 2GT goes below presale initial price 2gether will sell it for market’s price or it will be always equal or more than €0.05? If the last, what’s the financial team thoughts about arbitrage (buying low in exchanges, selling instantly for EUR or cryptos higher in 2gether app)? If the first, how to sustain the company profitability in possible long periods of bear market? If the last, price in app will automatically increase and decrease based in exchanges until it bottoms, if it happens someday, €0.05 again? If the first, can investors be sure of never losing money in this design (once bought for €0.05 you can always go to the app to sell them)?

4 questions in 1 post. Thanks again, guys!

Sorry, but can you reword your question? I understand that you want us to explain the point, but I don't understand the 2nd part. and we're currently working on your other question too. Thank you for your patience, and we appreciate your questions and support!

The good news is that the project is already working on the territory of Spain, respectively, the guys have all the opportunities to expand their influence on the territory of the European Union.

This is quite an ambitious expectation, I think that they themselves want it, because this information is on their website)) In general, the project looks appropriate, we hope that this will be so in the future!

Now the lion’s share of success depends on the team. This, of course, with good funding! Investors, judging by the design and white paper they have.

Hi, I just wanna know if there is working app right now? Can I use your card to spend my crypto in stores at the moment?
You know, there are plenty of cards and no one provides working solution

I do not see the bounty company. Are you planning to do it? The project looks not bad, I would participate!

Making crypto card is a competitive business, so I suggest that you are hardworking guys. How did you cope with processing? Do you have any problems with transactions?

You have indicated that you have many competitors, are you ready to compete with them, because they know about your advantages, so they can outrun you.

the money is safe by Pecunia Card E.D.E, does this means it is protected up to €100,000 ?

What will happen if you won't cope to achieve soft cap? will you stop your activity? Also I would like to get information, when will your card be ready?

Nowadays - every project that develops to promote cryptocurrency to the masses - deserves respect! I think this also applies to this project in particular!

Wow, I am really impressed how big is your team.
You haven't raised money, but you have like 30 people in office and it is gorgeous. You work really hard !

2GETHER token sale have not started yet, presale will start on the 10th of this month, if you are interested you can join in presale and get 2GT tokens at a price of € 0.05

Yes! Unlike most companies and projects, we enter our presale phase with a fully functioning product! Currently, the cards are only available to residents of Spain. Very soon on the 10th, the cards and its functions will be available to the Eurozone  :)

Hi there! At this point in, we don't have an active bounty per se. Please join our Telegram community for other opportunities to get involved. https://t.me/community2gether

Thank you for your interest!

I find it a very interesting project, but I see little publicity at the level of other social networks. When will they give more publicity on Twitter?

Dude, it's the third time you ask the same question about twitter, they'll answer after the weekend, just stop

The VISA card what type of commissions does it take to use it?

In your website 2gether.global you announce it is possible to aggregate and manage all your other bank accounts. do you have already any agreement signed with banks along all EU?

hi,
Will there be a bank account with iban? Will that iban be from Spain? Will it be possible to select iban from a different country like uk?

Hello
Can you tell me with which company they have the service of the Visa card?

any plans for an acount in USD or GBP??

hi,
can you let me know if we will have different card types in the future, example: gold? is there any plans to have more cards with different benificts?

Can 2GT be considered as actions of this project?

You know, a very interesting strategy, to use different cryptocurrencies at the euro level, I think this will provide an opportunity to learn how to use cryptocurrency on a daily and usual level.

Will i be able to use this card only in Europe? What about Russia and USA? What about fee policy ?

Many people are striving for this, but no one can teach humanity to the 100% that the crypto currency is future, which is much more convenient and functional than the commonly known currencies such as dollar, yuan and the like.

Hi,
When will we be able to deposit and widthrraw xrp ?
Thank you

they are focusing in the european market as of now. is there a chance that they will expand their operations outside euro? but we need to see first that their implementation of this platform is successful in this region, so might be easy for them to expand their market.

I just ordered card from Finland! I will report when i got it and how it works.

what will be the chance of creating the first Fungible and Non-Fungible Tokens for trading in the 2GETHER Marketplace?
examples:
- 1 Founder Tokern of the 2GETHER bank that gives special conditions to each owners
- 1 token of a gift card of 20 Euros tradable by 20 EUROS token that contains a voucher of 20€ to buy a car insurance
what about that? will be completely disruptive!

THREAD CLOSED
 
Please go to:

https://bitcointalk.org/index.php?topic=5129358.0 (https://bitcointalk.org/index.php?topic=5129358.0)

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Is 2GT Token like company share? Token owners will get profits as dividends?