This coin does not offer a unique concept at all and whoever thinks it does should give their head a shake.
Gift cards --> all coins can have a paper wallet, this type of wallet CANNOT be used like a gift card, unless you use all the funds at once.
Second, they are not even making the cards, as soon as it came time to mine the dev switched to
"there was some confusion we will only be making templates to be used on the cards"
First you make website with online wallet
You send X amount of GFT to that wallet
You generate your gift card
I get this but when using a paper walet you must send the entire balance to an online wallet to spend the coins. So if you were to say take the gift card to use at a store you would have 1 of these options.
1. Make wallet on site and send GFT coins.
2. To spend you will have to import the private key to the sellers wallet.
3. In this way you will be able to spend the entirety of the card.
or
1. You make your online paper wallet card
2. You go to store to spend.
3. You transfer coins from card to online wallet (presumably on phone)
4. You send the appropriate amount of coins to the seller to make the purchase.
In scenario 1 if the purchase is 2 GFT and the card has 20 GFT, the other 18 GFT will also be given to the seller. Maybe I am missing something about importing private keys.
In scenario 2 you might as well not have a GFT card since you have to transfer twice more to make the actual purchase. And then the change will be in your online wallet so the GFT card will be empty and useless.
Am I missing something?