The crypto winter is over, spring is in full bloom, and the price of coins is growing with the flowers. The crypto community has always been somewhat divided from the mainstream market. Crypto is futuristic and substantially different from traditional fiat, which makes it challenging for people to get behind it and fully adopt. According to experts, a significant issue in the space is whether or not the mass adoption of cryptocurrencies can become a modern way of life, in terms of payments and financial infrastructure. Companies that are trying to promote mass adoption will be huge for the industry, as they provide a very necessary service.
2gether is a collaborative banking platform that is bridging the gap between crypto and the mainstream market, and is the first crypto-centric fintech company to receive the support of Visa. 2gether, a company relatively new to the scene, is coming in with a bang, granting customers the ability to make payments with euros or any of the following seven cryptocurrencies: bitcoin (BTC), ether (ETH), XRP, bitcoin cash (BCH), EOS, Stellar (XLM) and litecoin (LTC). By implementing AI and machine learning algorithms, customers can execute these transactions in one swipe of the 2gether Visa debit card. The card “instantly” converts the cryptos to fiat currency, and can be used fee-free by customers. For example, thinking about heading to the mall? Users can pay for parking, new shoes, and a meal in the food court all by using the 2gether card.
Following its successful beta launch in Spain, 2gether is expanding Europe-wide. EU citizens can now download the app on the App Store or Google Play, pass the KYC process, and be at the top of the waiting list to start using 2gether’s functionalities. 2gether is currently undergoing a token pre-sale of the 2GT as a Virtual Financial Asset under the ticker 2GT. All EU citizens are able to participate in the pre-sale of €5M and experience all the services featured on the app.
"2gether is developing the bank of the future, where consumers can take full ownership and control of the services they use and go beyond solely interacting with euros and dollars,” said Ramón Ferraz, CEO of 2gether. “To date, there has been no consumer-owned, tangible application that connects crypto and the mainstream market. We’re proud to be one of the first companies in the crypto space launching a token sale with an already finished product.”
In the future, 2gether says its platform will be incorporating more advanced technologies to assist with financial management, product choices, and investment decisions best suited to the user. Consumers will move beyond solely interacting with euros and dollars, fully embracing cryptocurrencies and digital assets. They’ll also experience the capability to augment their financial decisions through the use of exponential technologies such as artificial intelligence, big data, and blockchain.
“It’s an exciting time in the global payments industry as innovators inject new ideas and technologies to enable seamless commerce for everyone, everywhere. We value the opportunity to collaborate with fintech partners like 2gether to develop cutting-edge payments solutions for businesses and consumers,” says Carmen Alonso, Visa General Manager in Spain.
Will 2gether be successful in creating the bank of the future? While the app is available for all EU citizens, the card won't be available world-wide when launched. The card will be initially limited to the 19 eurozone countries. However, 2gether does in fact have global aspirations for its crypto debit card, stating that it has plans “to reach the rest of the world as soon as possible." What is clear, is that after a long crypto winter, 2gether could be on its way to bringing crypto to the forefront of the consumer market.
2gether is a collaborative banking platform that is bridging the gap between crypto and the mainstream market, and is the first crypto-centric fintech company to receive the support of Visa. 2gether, a company relatively new to the scene, is coming in with a bang, granting customers the ability to make payments with euros or any of the following seven cryptocurrencies: bitcoin (BTC), ether (ETH), XRP, bitcoin cash (BCH), EOS, Stellar (XLM) and litecoin (LTC). By implementing AI and machine learning algorithms, customers can execute these transactions in one swipe of the 2gether Visa debit card. The card “instantly” converts the cryptos to fiat currency, and can be used fee-free by customers. For example, thinking about heading to the mall? Users can pay for parking, new shoes, and a meal in the food court all by using the 2gether card.
Following its successful beta launch in Spain, 2gether is expanding Europe-wide. EU citizens can now download the app on the App Store or Google Play, pass the KYC process, and be at the top of the waiting list to start using 2gether’s functionalities. 2gether is currently undergoing a token pre-sale of the 2GT as a Virtual Financial Asset under the ticker 2GT. All EU citizens are able to participate in the pre-sale of €5M and experience all the services featured on the app.
"2gether is developing the bank of the future, where consumers can take full ownership and control of the services they use and go beyond solely interacting with euros and dollars,” said Ramón Ferraz, CEO of 2gether. “To date, there has been no consumer-owned, tangible application that connects crypto and the mainstream market. We’re proud to be one of the first companies in the crypto space launching a token sale with an already finished product.”
In the future, 2gether says its platform will be incorporating more advanced technologies to assist with financial management, product choices, and investment decisions best suited to the user. Consumers will move beyond solely interacting with euros and dollars, fully embracing cryptocurrencies and digital assets. They’ll also experience the capability to augment their financial decisions through the use of exponential technologies such as artificial intelligence, big data, and blockchain.
“It’s an exciting time in the global payments industry as innovators inject new ideas and technologies to enable seamless commerce for everyone, everywhere. We value the opportunity to collaborate with fintech partners like 2gether to develop cutting-edge payments solutions for businesses and consumers,” says Carmen Alonso, Visa General Manager in Spain.
Will 2gether be successful in creating the bank of the future? While the app is available for all EU citizens, the card won't be available world-wide when launched. The card will be initially limited to the 19 eurozone countries. However, 2gether does in fact have global aspirations for its crypto debit card, stating that it has plans “to reach the rest of the world as soon as possible." What is clear, is that after a long crypto winter, 2gether could be on its way to bringing crypto to the forefront of the consumer market.