Great product from WALIMAI and probably very usful and successful... but why the hell they need a crypto coin for that? They write because:
- Single-click automatic payment for Walimai protected products (at current exchange rate if the user has insufficient WaBi)
- Paying with WaBi grants additional benefits: discounts, improved delivery terms, bonus WaBi points with every purchase
- Allows users to buy loyalty points in bulk with discounts
Seriously... do you guys think that these chinese mothers will pay for their baby food with WaBi? I cannot imagine... maybe once when crypto get's standard and when it doesn't matter anymore which coins I have, because they get converted automatically to the desired currency at payment time. But this is still far future...
Discounts, loyality points... We all know this from our favourite supermarket chain. Would you buy coins of them just because they are on blockchain now? Probably not...