In the last 35 day's Blockchain powered Debit cards that let you use your crypto to buy everyday goods have gained value in the market as they get closer to releasing there product. On September 1st Monaco will be releasing there IOS app and make available purchasing there Monaco Debit card. In the last 18 days Monaco has gained a 25x going from 1$ to 25$ as a high. Tenx is another Blockchain powered Debit card that has not yet released there product yet but has gained a 6x in the last 30 days as well, so clearly there is a real demand for crypto loaded debit cards. The question here is which network will give the user's enough incentive to use there product? Plus since Monaco and Tenx are both on the ethereum network they will have to deal with Ethereums 28 or so Transactions per second. In my personal opinion if there are 2 Billion + unbanked people in this world and even half of them migrate to crypto so they can join the global free market and they are using Tenx &or Monaco I dont believe that the current tps is enough for that many people. I understand ethereum is working on Plasma to gain unlimited TPS but its not out yet and to my knowledge I havent heard of a release date for it either. To share 28 Transactions per second for something like a Debit card powered blockchain isnt realistic. I believe Visa & Mastercard roll around 10k tps a second.
This leads me to what I want to inform you all on. In Q4 of 2017 Openledger will be releasing there Blockchain powered Debit card called Ocash. Before you say "oh just another bloody wanka tryna mass adopt there network" Let me give you some details about why its wouldnt be a bad idea to keep this in your radar.
1. Ocash will be running on the Graphene network (same network Bitshares is on), this is huge because Graphene Transactions speeds runs around 100k per second.
2. You will be able to purchase items anywhere that accept international payment cards using bitUSD, bitEUR, bitGBP, and Rubles - plus other OpenLedger tokens such as OBITS, BTC and ETH and MANY MORE!!
3. They will have an IOS & Android App on top of a tangible Debit card just like Monaco, Tenx and Tokencard.
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The bottom line is this, Ethereum will need to hardfork in order to enable faster transaction speeds. Correct me if im wrong but dosnt this mean all the Dapps on the Ethereum network will also have to Fork if they have a Dapp running on the Ethereum network?
The neat part about Ocash is for starters it wont need to fork to aquire higher transaction speeds so right off the bat it can handle 2 Billion unbanked users. Secondly if it ever does upgrade there will be no FORK because the Graphene network dosnt upgrade like that, no network fork means they get to keep there market cap as a single token instead of split into 2. I dont know about you but I believe that hurts a coins image if there are more then 1 of them out there. If Ethereum didnt have Ethereum Classic there would be an extra 1.5 Billion $$ added to there market cap, that is alot of fucking money.
The stars are slowly aligning for a new crypto to take a seat in the top 2 market cap and its going to bring all its tokens on its network with it. Keep an eye on Bitshares, EOS, Steemit, OBITS, and Ocash, thats just a couple of the tokens that will acquire massive value in the near future that are all on the Graphene network. If you are a person looking for that 1,000x like me then understand you need around a Billion people to be using the token. The real value lies in the masses, how do you target the masses? well first you give them a software fast enough and scalable that they can all use together. TenX & Monaco or even Tokencard can not perform with 1 billion people on there network. Lets go to a technology that can. <--------(Bitshares Graphene Technology)----------->