
tokenCard project is basically divided into three elements: the Token Contract Wallet, TokenCard and Token App.
The Token Contract Wallet is an Ethereum Smart contract wallet that functions as a user’s token bank account, funds are taken from here whenever user swipes the card.
Team is based in London and they also have a US office in Seattle. There are 13 team members.
They held an ICO where they raised almost $13M in May 2017.
The core elements of TokenCard are, in brief:
– The Token Contract Wallet, which secures users’ assets and enforces user-set spending and security parameters.
– The TokenCard, which connects Contract Wallet to the network — enabling online payments, point of sale transactions and ATM withdrawals, using ERC20 tokens inside the Token Contract Wallet.
– The Token App, which neatly unifies the process, offering a clean and intuitive experience.
Ultimate goal is allow users to easily spend their cryptocurrencies in real life.
More information:
https://tokencard.io/
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