White-label partners announcement, Exchange Listings, Bank PR, and More!
Hi Everyone - There is a lot to share in this update so let me get right into it!
Ternio White-Label Partners
As you know, a big part of our business is providing the features you see at GetBlockCard.com to other companies through Ternio's white-label platform. Ternio is the first to do this! We have a many partners that are in process, but I'm happy to report there are 3 clients that I can now share you with - all with slightly different white-label program setup.
The Litecoin Card
The Litecoin Card was announced this past week during the Lightening Series and generated a lot of excitement within the Litecoin Community! Litecoin Card holders can anticipate a virtual + plastic VISA debit card (seen above) as well as free FDIC insured bank accounts used for crypto friendly banking needs + buying LTC with USD!
We are finalizing setup and testing internally and will likely be opening up the Litecoin Card for all US residents in the next month or so.
More details on Litecoin's Twitter page: https://twitter.com/LTCFoundation/status/1293251219746693120?s=20
The Veil Card
The Veil Card is part of the Veil Project. The Veil Project opted to use our existing BlockCard card art design instead of creating their own card design. All users on the Veil Card spend the cryptocurrency "Veil" and get much of the same functionality that one can expect on Ternio's BlockCard (with the exception they are spending VEIL).
Global Digital Payments
Global Digital Payments (or GDP as we refer to it) is our 3rd white-label partner, and like Veil opted to use the existing BlockCard design. However, they have significantly customized the cost structure and revenue opportunity for their customers.
They are comprised of a network of hundreds of thousands of consumers across the world that need access to various banking tools like cards, checking accounts, and more. You can learn more about GDP here: https://vimeo.com/445346538
You can also watch Daniel discuss GDP on an interview here: https://youtu.be/h5uYUkDvv8A
Additional White-label Partners
There are many more partners we have in active development that I wish I could share with you. However, we always let our partners lead their own marketing and release dates, so I want to be respectful of that. Stay tuned for many more partners coming out.
New Exchange Listings
Exchange listings of Ternio's cryptocurrency TERN has never been a huge focus, but we have been fortunate in the last month to get on some additional exchanges. New exchange listings help generate additional liquidity for TERN, but more importantly expose BlockCard to a whole new subset of users. Those include.
In addition to the new listings, there are two trading competitions that are currently going on with those exchanges. These include Bitmart and BiBox. Details below:
FDIC Bank Account Press
About a month ago we released our Crypto Friendly Bank Accounts, enabling users to get a fully FDIC insured checking account which they can use for:
- Crypto Friendly Banking (e.q. withdrawing cash from crypto exchanges without risk of being shut down by their bank
- Funding their BlockCard VISA card with Dollars
- (Coming soon) Buying Bitcoin and other cryptocurrencies directly with USD
We have seen a strong demand for checking accounts so far and we're not even a month in. The checking accounts are free to signup and currently charge 0 fees for things like ACH or Wire. We're looking to make signup a "no-brainer" for those looking to make crypto transactions. Know someone who could benefit? Please share it with them.
You can read our full press release here:
You can also read the Ternio blog post here:
BlockCard Learn Video Series
Cryptocurrency is new territory for many people and it can be overwhelming at times to understand all the different kinds of currencies and what makes them different. Education is very important in this space, so we started a series called BlockCard Learn.
BlockCard Learn is a collection of videos, articles, and infographics that make complex topics easily understandable for the general public. The articles or videos are typically short in nature and give a generalized overview, without going too deep in terms of detail or process. They are designed to be a starting point for new customers not to feel overwhelmed.
Here is the full playlist of BlockCard Learn Videos that you can watch when you have time. You will also begin to see these videos used around the BlockCard website.
Finally, I'm happy to share that our Republic campaign funds were finally collected as of yesterday. It took almost 2 months after the close of the campaign to get all investor funds collected. I was not aware it would take that long, but fortunately many people who missed the first round of investment were able to get in off the waitlist.
In the coming days you will receive an email on your Ternio BlockCard Investor Documents (if you haven't already). You will also be receiving an email on the process for logging into our investor dashboard. Unfortunately, we couldn't open the dashboard until the campaign officially closed, but now that its done things should move much quicker.
Going forward, I will likely start doing these updates from that dashboard. We have a lot of big things coming in the next few months and I want to make sure everyone has visibility into our progress. More to come on that front!
That's it for now. Thanks for taking the time to read and great things on the horizon!