Here are the terms.

We have contracted with the same company to issue our debit cards that does coinbase and bitpay uses, yes, that serious. We are also contracting with a bank in Europe, one in Asia and one in Australia. The mistake everyone else has made is they rely on a single bank, a single BIN, the challenge there is that when that is lost, the card are useless. Fortunately, our 15 years of experience doing this teaches us better.

Integration on two of these platforms begins next week.

The first stage of this process begins with contactless cards, meaning you will be able to use the cards at retail merchants where you see the contactless payments symbol only. Please understand, our ICO is still set for August which means everything happening between now is beta and we need you to work with us to get there.

During the first stage, 100 beta testers will be accepted in North America, South America, Europe, Russia and Asia. That’s 100 users per each region. During that time you will be allotted $100 USD a day in free tokens to spend at retail stores that accept payments. The apps will be available on iOS and Android. Initially the app will simply allow you to login, check your balance, send/spend tokens and make account updates, additional features will be released later. We have the best app developer in the world on this but the final release will take time.

You will he asked to spend the tokens daily, if possible, and report back. Please note, by accepting the project, you understand these are free tokens and as such are subject to technical issues, challenges and may involve declines or other matters but ultimately that’s the point of a phased roll out and beta test. Right now, the tokens at set at 1 cent per token BUT once the exchanges go live, the wallet balance will be based on the market rate so if a token is $0.01, that’s what your balance will be but if you have 10,000 tokens which today is worth $100 but those tokens go to $1 a token, you have $10k but again, it will always be market rate, good or bad. Unlike others, you won’t have to “exchange” or covert to spend, we tie into the exchanges directly and at the time of the transactions, the tokens get automatically converted at the best market rate.

We expect the roll out will last two to four weeks. During this time, you will work with our people, report back any issues, feature request or challenges through our online system. Each day, $100 will automatically be posted to your wallet and you can spend it as you see fit (legally).

During this time, we will also be working to release the physical debit card itself. We suspect this will be available sometime late July and available in the same regions. Those who beta test the contactless payments card will receive top priority on the physical debit cards. Once you receive the debit cards, the process will pretty much be the same, the only difference is you will be able to use these at banks and atms.

There will be A LOT to do here. This is a global roll out and needs to happen in a little over two months. Physical cards need to be designed, merchant marketing created, partners setup, training documents prepared, consumers educated, bugs worked out, etc, etc. that said, we have contracted with two of the best but tracking companies in the industry, we have four of the leading tech companies in the space, we have the leading security companies helping, we have auditors and compliance and we also have the best management team in the ICO industry. Everyone who helps on this global release will be heavily compensated come the ICO and be part of history, the first company ever to offer a truly global release of a new payment platform. We have a lot of very serious people behind this, ATT is managing our global network, Akamai is protecting it and all the regulators are watching, so let’s make it right.

I’m sure you will have a lot of questions. Come next week, all support will be moved to a new online helpdesk. Additionally, our management team will be invaluable in these matters. Our CTO Larry is the best in the business, our CRO Ralph Dahm is as bright and honest as they come, our CMO is incredibly creative and of course you all love our spokesperson Mark so, let’s make some history. Please, ask as many questions as you can as we need them to start building out the FAQ, there are no bad questions and we are here to help.

Who wants to help change the world?

CEO preCharge: Alex Corrol