A question that is likely to come up. If I deposit €10,000 into Debitum, where will those funds be held? In a segregated account in my name? Will the deposits be insured?
At the moment, it is going to be held in Debitum's account that is going to be strictly for the user deposit use. We are, however, applying to get an EMI licence which would give out segregated accounts and IBAN account numbers to our users. As soon as we're licensed, the functionality will be developed. Another option we are looking into is rolling out partnerships that would provide us with the functionality. We do understand the high importance of the feature, thus we're looking to carry it out soon.
Why do ppl think the price will go up? I mean the project will go ahead and flourish but why would more people invest into the token? Whats the need for the token?
The token will have various use in Debitum Ecosystem, thus it will be essential for those, who are looking to use the platform.
Thanks everyone for your support!