Almost daily, new cryptocurrency companies are offering investors potentially-high revenues by becoming part of those companies’ ICO programs. Unlike an IPO where an investor buys shares of stock in a firm, essentially investing in a business, an ICO does not provide the investor any share of a company’s stocks. Companies planning to raise capital funds using ICOs offer a “blockchain”, which is equivalent to a share but is referred to a “cryptocurrency token”. This digital token is usually backed up by an investor’s cryptocurrency account, such as Bitcoin or Ether, depending on the exchange rate prevailing between fiat and virtual money, as well as between virtual money and the apparent value of the token.
In short, Cardonio’s token serves as a bridge between the values of fiat money and cryptocurrency – like the tokens people use for rides or games in mall arcades. You get the product even without shelling out hard cash. It is the third-level medium from hard cash and virtual money, serving to make transactions even more expedient. And this becomes apparent once an individual gets around to navigating the new investment world of cryptocurrencies.
That is precisely what Cardonio wants to introduce to more and more people out there: Enjoy the potential benefits of riding the wave in the cryptocurrency space. The Cardonio’s Card and other products provide the convenience of seamless exchange of BTC or ETH to any fiat currency anywhere in the world while keeping one’s investment in those virtual coins, as well as in Cardonio, intact and growing. And that amounts to a lot of savings through the service that Cardonio provides its customers.
This, in essence, makes any investor feel like having a cake in the fridge and another one right in the hand.