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&tAnother 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/