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question_everything

01/08/21 3:10 PM

#63874 RE: datfusion #63872

Thank you for this detailed explanation. What are your opinions on this competitor, understanding, of course, that there can be more than one competitor in a space.

https://beta.strike.me/faq

What is Strike?
Strike is a payments application developed by Zap Solutions, Inc., allowing users to send and receive money instantly around the world, for free.

Strike uses Bitcoin and blockchain technology to offer instant and free payments globally. Users use Strike to pay each other, buy goods and services online, make micropayments, tip content creators, as well as buy and sell Bitcoin.

How does Strike work?
Simply sign up, deposit USD to your account and start spending or sending funds anywhere in the world. Behind the scenes, Strike will facilitate these transactions over the bitcoin/ Lightning networks.

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I-Glow

01/08/21 3:52 PM

#63878 RE: datfusion #63872

Did you read the HUMBL website - and did you read the Disclaimer:

"HUMBL LLC is not a money services business and does not hold itself out to be such. All money transmission services are being provided exclusively by third parties which are money transmitter licensed and registered under all applicable state and federal laws. HUMBL does not offer money transmission services. The availability of the HUMBL Mobile App, HUMBL Hubs Merchant Software, HUMBL Marketplace and HUMBL Network will vary by state, country, domicile and/or third-party service providers and may change at any time."

And nowhere on their site does it suggest:

"They're going to basically build a crypto wallet client for USD Coin which is a stablecoin variant cryptocurrency."

USD Coin is managed by a consortium called Centre, founded by Circle and including cryptocurrency exchange Coinbase.

There are at least 19 ERC-20 compatible wallets that accept USDC. So what you posted isn't anything new or inventive.

First, HUMBL didn't state they were developing wallet for the USDC - and so far they font have a working Beta version of anything.

What you posted isn't based in reality - HUMBL hasn't done anything - they are a press release company.

HUMBL clearly states - "HUMBL LLC is not a money services business and does not hold itself out to be such. All money transmission services are being provided exclusively by third parties which are money transmitter licensed and registered under all applicable state and federal laws."

So they are making an ERC-20 compliant wallet for any cryptocurrency.

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swimmer2112

01/08/21 4:39 PM

#63885 RE: datfusion #63872

Thank you very much for that explanation