Tran Hung, founder of crypto debit card platform Uquid, explains the rapid growth of altcoins that motivated the founding of his company.
Disclosure
Tran: Uquid plans to issue its own token next month
“Actually we are on planning, hopefully next month, we issue, ah, ah, our coin, so we also public to the customer can join our token.”
Assertion Supported
Tran Hung: Uquid supports 79 cryptocurrencies on its debit card
“Firstly, we issue a debit card for OnCoin and, as you know, a 79 cryptocurrency we already support in our system, so our customer can get all the plastic card or the vital card, but with the Visa logo and spend for online or withdraw money.”
Assertion Partly supported
Tran Hung: Uquid charges 10% to 15% on crypto mobile top-ups
“We also have a different service like mobile top up, and we do support for customer top up mobile worldwide from under and 50 country. So we charge like from 10 to 15% on the money the customer using the coin for top up mobile.”
Disclosure
Tran: Uquid aims to raise $4M to $5M in token sale
“I, I'm thinking about four or five million, but hopefully it could be, everything could be better than the amount I expect.”
Assertion Partly supported
Tran Hung: Uquid charges 0.5% to load wallet funds onto cards
“We're not charging any fee. We're using your market file, so you put in, it's totally free, but when you have money in your quick wallet, you want to load in your card, we charge you all .5% for charging fee.”
Assertion Not checkable as stated
Tran: Uquid processed 1 million transactions in 2016
“Actually, last year, we totally, last year, we already just, we got, ah, one million transactions last year”