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Crypto2Debit ($C2D)

General Characteristics

Crypto2Debit ($C2D) is an Ethereum-based project built by blockchain developer Anthony Giamei. It enables crypto-to-fiat payments with or without Know-You-Customer (KYC) assessment, a process involving users submitting personal details. Using the Crypto2Debit virtual debit card, users pay for goods and services with their desired crypto. The card is compatible with payment solutions like Apple Pay and Google Pay. With global accessibility in mind, Crypto2Debit makes its services open to users in many countries and languages, including underdeveloped regions with limited traditional banking systems. Crypto2Debit goes beyond the Ethereum blockchain to feature Solana, Polygon, and other networks to stay at the top of its game. Headquartered in Ohio, USA, the project prioritizes regulatory compliance and has secured registration from the country’s revenue body, the Internal Revenue Service (IRS). It is also in the talks to secure approval from other regulatory bodies, like the Financial Crimes Enforcement Network (FinCEN).

Roadmap

The project has a five-part roadmap. They are:

Functionality and Utility

$C2D offers several functionalities to its community. Its primary function is to enable crypto-to-fiat payments. It also serves as an investment token for its community, thanks to its periodic buybacks to bolster its price. The Crypto2Debit project also offers top-tier free crypto education to its community members. As the project grows, it will incorporate more utilities, such as staking.

Market Performance and Dynamics

$C2D has a total supply of 200 million tokens, of which 100% are in circulation. The project implements a 2% buy tax and a 4% sell tax to sustain its ecosystem. The ERC20 token has a market capitalization of $43.6K+ as of August 6th. This metric has rubbed off on the token’s price, currently at $0.0002079, representing a 27.4% price increase within the past 24 hours.

Community

Crypto2Debit has captured the attention of over 3.1K followers on X and 2.2K community members on Telegram.

Pros

6 Questions to the Crypto2Debit Team

1)What inspired the creation of Crypto2Debit? Was there a particular moment or market need that motivated you to bridge the gap between crypto and traditional finance via debit cards? I have been successful with my first company, Visible Progression, and I fell in love with crypto. I was going over ideas of something I believed could be used globally. After market research, I had seen a gap in the market for a legitimate off-ramp, that is compliant, with a doxed developer, and a crypto token attached to it. 2)As a first mover in crypto-to-fiat technology, how do you envision Crypto2Debit evolving in a rapidly changing financial landscape? What makes $C2D stand out among other crypto payment solutions? I see us scaling globally. We’re already live in 60 countries, and soon we will go up to 100+ countries. If you check the market, no one has a card that works in this many countries. You will also see questionable compliance by competitors, and not 1 other company with a doxed developer and a token behind their company. 3)Can you explain the technology behind the instantaneous conversion of crypto into debit cards? What challenges did you face in achieving this level of speed and convenience? Our technology was mainly coded in Javascript, HTML, PHP, CSS, and Solidity. One huge challenge was developing a system that is backed by crypto liquidity instead of fiat liquidity for card issuance. Another huge challenge from a coding standpoint was automating all of the tech. I was stuck on a coding issue for DAYS which turned out just needing a simple wait loop when issuing and sending out a new card. Sometimes those little things are such a huge problem, but then when you figure it out it’s one of the best feelings in the world. 4)How does the token buyback and burn mechanism work, and how does it benefit $C2D holders in the long term? What impact do you anticipate it will have on the token's value? Everytime a new card is issued, $1 of $C2D tokens can never be bought again. With mass adoption, this creates a deflationary mechanism which incentivizes users to hold our native token. We’re working on additional ways to incentivize users to hold the token. 5)You mentioned building the largest database for people to learn about crypto for free. What content will this include, and how do you plan to engage users and foster community growth through education? This is already live on our website https://Crypto2Debit.com Head to the menu and click education. From the drop down menu users can already read and learn with 20 different articles. This covers the basics from sending crypto and creating a wallet to very advanced things like security exploits. In time I want this to be the best place in the world for people to learn about crypto for free. 6)What are the next major milestones for Crypto2Debit? How do you see the project evolving over the next few years? Right now we’re very close to finishing our pitch deck. Investors are already approaching us, and we’re focusing on raising funding for marketing. With financial backing, I am 100% confident you will see the value of this company and our $C2D token SKY ROCKET.

Official links

CA: 0x202bab532e9e44f06688abf3406437dbe49b3018 Whitepaper Website Twitter Telegram

Where to buy

Uniswap This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space. We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public. While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.
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