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Author Topic: Coinbase vs Zeex  (Read 104 times)
Howard Roark (OP)
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August 03, 2018, 11:05:19 AM
Last edit: August 03, 2018, 02:56:26 PM by Howard Roark
 #1

Love them or hate them but if there is an interesting development at Coinbase it's going to be all over the Crypto News sites. This happened recently when it was announced that you would be able to buy gift cards with Crypto via a new partnership they have with gift card supplier WeGift.

While some saw this as an exciting development, my reaction was frankly meh! The reason is not that I didn't like the idea but that it was already in the pipeline from a company called Zeex who are doing something similar only bigger and better.

The Zeex protocol is a decentralized platform where any gift card distributor can showcase their range of gift cards and exchange them for Crypto. Zeex already has Sister Company Zeek onboard which will cater to a similar market to Coinbase/WeGift but while Coinbase has 120 brands, Zeex has 450. Russian gift card supplier Giftery has also signed up and the plan is for Zeex to be a Global force.

For those who want fast, anonymous, secure transactions then Zeex's decentralized ecosystem is going to win hands down against Coinbase.

Both Zeex's and Coinbases app will be Web Only to start with but Zeex's roadmap has Android and iOS Apps scheduled for later this year. The Zeex web app will be available shortly after their token sale and you can see it in action here [and marvel at how fast it is!] https://www.youtube.com/watch?v=LXnBEor6440&t

Another plus in Zeex's favor worth mentioning is that they will also support Gift card to Crypto functionality at a later date so you will be able to sell your gift cards for crypto as well.

Probably the most interesting part of their roadmap is the API that will enable any vendor to issue blockchain based gift cards of their own, just imagine the possibilities of this!

So if you are planning on buying products with Crypto, be aware that Coinbase is not the only game in town, there is going to be a much superior blockchain based platform available with Zeex.

You can check out more info here https://www.zeex.me/
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August 03, 2018, 11:11:34 AM
 #2

Zeex sounds to be a good project and it always good to have some competition in the market, although i do not think gift card service will be truly global as only developed countries usually have such programs, in small or under developed countries gift card programs are hardly available.

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August 03, 2018, 11:22:51 AM
 #3

Coinbase was there when no one were.
It was on every good and bad times of bitcoin and is still a good online wallet for most.
Though it got some resistance due to it's supposedly higher fees. But no one gives as confident exchange to bank accounts as coinbase does.


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Howard Roark (OP)
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August 03, 2018, 11:25:06 AM
Last edit: August 03, 2018, 01:48:04 PM by Howard Roark
 #4

Zeex sounds to be a good project and it always good to have some competition in the market, although i do not think gift card service will be truly global as only developed countries usually have such programs, in small or under developed countries gift card programs are hardly available.

From the market research, I am seeing it is the underdeveloped markets such as India, South East Asia and Central and South America that is having the biggest growth in the gift card sector so my belief is that Zeex can be truly Global especially with a bit of out of the box thinking, making the most of the decentralized platform.
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August 03, 2018, 11:27:37 AM
 #5

Coinbase was there when no one were.
It was on every good and bad times of bitcoin and is still a good online wallet for most.
Though it got some resistance due to it's supposedly higher fees. But no one gives as confident exchange to bank accounts as coinbase does.

For sure Coinbase has value and it is a trusted platform but I think as a crypto to Gift card platform [and more] Zeex has a lot to offer.
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August 03, 2018, 11:31:57 AM
 #6

Zeex sounds to be a good project and it always good to have some competition in the market, although i do not think gift card service will be truly global as only developed countries usually have such programs, in small or under developed countries gift card programs are hardly available.

There are too many projects dealing with exchanges at the moment. Coinbase, Binance, Bitstamp ... all these have a good estable position and have active strategies for growth so there is a highly competitive scene.

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August 03, 2018, 11:35:44 AM
 #7

I don't know those partners with zeex, why you will compare it to the one that has been trusted by majority of the crypto folks?

So if you are planning on buying products with Crypto, be aware that Coinbase is not the only game in town, there is going to be a much superior blockchain based platform available with Zeex.
Yeah but it is the most trusted.

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August 03, 2018, 12:11:59 PM
 #8

I laugh at that people think it is very good project just because it is decentralized and think it is easy to be like their centralized ones, but that might be harder if you choose blockchain now.
Howard Roark (OP)
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August 03, 2018, 12:19:50 PM
 #9

I laugh at that people think it is very good project just because it is decentralized and think it is easy to be like their centralized ones, but that might be harder if you choose blockchain now.

I don't really understand what you are trying to say.
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August 17, 2018, 10:50:36 AM
 #10

This is a good article from one of the Zeex guys regarding mainstream adoption

https://medium.com/the-zeex-protocol/going-mainstream-2ee590b4c401
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