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~Snipped~ You've misquoted my post for his [@sunsilk]... You might want to replace/update your last post with the following code instead:[quote author=sunsilk link=topic=5228864.msg53958554#msg53958554 date=1583268614]
But, you haven't answered the quote unquote that I have mentioned about the association of right partner.
[/quote]
I believe right partner is the one who has in-depth technical knowhow and have delivered crypto wallets in the real world. It is the technical partner who makes or breaks the product. Thanks for suggesting the correction. Much appreciated! |
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But, you haven't answered the quote unquote that I have mentioned about the association of right partner.
I believe right partner is the one who has in-depth technical knowhow and have delivered crypto wallets in the real world. It is the technical partner who makes or breaks the product. |
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Anyone in mind?
I have gone through various crypto wallets and development companies. And I found Keyper wallet the best, it has all the market leading features integarted into the wallet. If you are interested in moving to the crypto wallet development, then you may consult their technical partner for white label solution or for a customized wallet. If and only if they have the full/complete product, then "YES", anything else it's just a silly & unnecessary step towards destroying the future of their product...
- Being the first one doesn't automatically equate to a better/increased revenue.
- The key here should be thinking, analyzing and executing the right things with the right purpose.
What according to you are the attributes of full or complete packaged product? |
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But don't you forget that there's too much competition already in this matter? And this business opportunity that you are talking with is about making your own crypto wallet. Looking at the perspective and model of it, you're longing to earn through the fees.
And cite an example about the "associating with the right partner". In terms crypto wallets, most of the people will just use the wallets that are known to be reputable and has a years of protected reputation.
The competition is where the business opportunities are. Whichever industry or trait you pick, if there is a probability of earning revenue then competition will prevail. If you choose a reputable and recognized crypto wallet even then that was a startup idea by some businessman at some point of time. So we cannot set back thinking that there are already available crypto wallets in the market. |
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What is the benefit of creating a crypto wallet? How can this be considered a "business opportunity" or "investment activity"?
Who said that the cryptocurrency market is booming? How do you know the right business partner?
It is a mistake to partner with "multinationals," especially with beginners.
I may not have understood exactly what you are saying, it is a mistake to create an encryption wallet. There are many open source wallets that you can use safely.
With the increasing adoption of cryptocurrency, the number of crypto wallet users is increasing. Companies that have build their crypto wallets to cater to the needs of wallet users are generating huge revenue by charging transaction fees. Thus, developing a crypto wallet can be seen as a great investment opportunity to create a new revenue stream. I am not sure why you consider it a mistake to partner with a multinational company. |
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Are you just low key hinting anyone reading your thread that you are a suitable business partner for their crypto wallet project? Since I can see that your accounts is tied in to a website related to a P2P lending. Nevertheless why are your encouraging individuals to put in a business on an already saturated market? The crypto industry is actually big and you are trying to limit people here on a business that already has big players involve. If you are looking for a partner yourself I think you are already giving them a bad advice with your business plan so I would suggest that you think about other services you can provide in the market rather than just a common crypto wallet that we already have dozens to be downloaded in the PlayStore.
Yes, I very much agree that crypto industry is very vast and cryptocurrency wallets are one of the platfroms that satisfy the basic need to store, send, and receive crypto assets. What concerns me here is that large MNCs such as Mastercard, Samsung and others are bringing their crypto wallets to the market. So whether start-ups and SMEs should move ahead with launching their crypto wallets? |
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There are immense business opportunities for individual players, too. The market of cryptocurrency has just started to bloom.
What matters in crypto sphere is your business model and how you are coming up better than the already available crypto solutions. You just need to associate with the right business partner of cryptocurrency wallet development to get started with your wallet journey.
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When it comes to cryptocurrencies lending, there are two problems: trust and price volatility.
Trust: You need some collateral to give the other party the loan and to make sure that the person who gets the loan has a mechanism to repay that loan. This needs to see some personal data and thus reduced interest from cryptocurrencies.
price volatility: Cryptocurrencies are highly volatile and therefore must be converted using dollars, which may mean the need for a conversion of the local currency and thus revealing identity in most cases.
We can't agree more here, trust and price volatility are important aspects for any use-case involving crypto-currencies. To counter trust factor, there is a KYC/AML module integrated into our P2P lending platform to ensure authenticity of users and making sure all loans repayments are paid on time. To overcome price volatility, we have LVR (Loan to Value Ratio) Calculator deployed in our platform which liquidates the collateral at certain set of LVR point. To bring in fiat currency into the system that is something linked with client's business decision as it involves a lot of legal formalities to implement fiat currency. More can be showcased over a demo if that interests you: https://www.antiersolutions.com/p2p-lending-software-development/ |
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Peer-to-Peer Lending: Revolutionizing the Lending Paradigm
What is encouraging most businesses and entrepreneurs to tap into the P2P lending market is the fact put forth by the Word Bank which states that 1.7 billion adults worldwide are unbanked. Furthermore, many are unable to acquire a loan due to poor credit rating. Building a P2P lending platform can be an opportunity to capitalize on such people’s inaccessibility to financial services, providing them with contemporary P2P lending exchange to satisfy their borrowing or lending needs.
What's your take on this?
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William Mougayar on Blockchain-
The old question 'Is it in the database?'
will be replaced by 'Is it on the blockchain?'
What are your thoughts on this quote? Do you think blockchain will drive the business operations and lead to global disruption given its transparent, secure and immutable nature?
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The overall cryptocurrency market is projected to reach USD 1.40 billion by 2024.
What's your take on this?
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Thailand Government to amend AML laws to regulate cryptocurrency. Regulations like these are more likely to help people transact with confidence.
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Bitcoin's all time high was on 17 December, 2017 was $19,783.This was Bitcoin’s historic high, a 900% increase in just two quarters.However, it was immediately knocked down by half and stood at $11,000 just 11 days later.Its upward slant has been sturdy throughout the first half of 2019, somewhat imitating the second-half of 2017, which is restoring public confidence. Bitcoin is trading at a robust $10,000 as of now.
Do you think Bitcoin will cross its all time high of $19,783 by the end of 2019?
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The volatility is the danger and risk of loss involved in cryptocurrency trading one can quickly be rich by trading cryptocurrency and one can lose all the fortune of his life on it as well. One needs to be very careful.
Indeed but let's not forget that this risk is also involved in fiat currency (share/stock market), while trading.The only way one can survive and gain profits is to constantly stay aware of market trends. |
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Are multisig wallets a solution to security concerns associated with wallets without multisig feature?
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The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017, however.The comeback was largely due to Facebook’s announcement of its own cryptocurrency known as Libra, which it plans to launch in 2020.
high volatility in crypto market is good for the people who can take an advatages from this volatility because they can got huge profit in short, but remember the risk also higher in this crypto market also i believe bitcoin will touch $20K or more, but maybe not in this year buddy I agree with you, volatility is good for high risk taking investors. Such investors need to stay very up to date with market condition to benefit from the same. |
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The highly volatile cryptocurrency has had a great impact on the market cap and surged about 200% so far this year, despite the latest fall. It still remains well below record highs of nearly $20,000 reached in December 2017.
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