Concept: Change aims to be a truly decentralised crypto bank
“At Change, we are building the first global bank, providing a revolutionary service to people from all around the world. Our mission is to remove borders in the financial sector, and to ensure that every citizen has access to alternative financial services, finally ending the artificial monopoly created by local regulators and traditional banks.” – Change
Change ICO information:
Change ICO is live
Interview with Change
BitcoinChaser: What kind of problem, market deficiency or opportunity inspired you to launch your project?
Change: Our CEO was a CFO for a venture fund out of Singapore focusing on FinTech, during his tenure he noticed the proliferation of financial services startups however they were all disconnected with no one point of access. With the rise of blockchain technology he saw a unique opportunity to create a decentralized marketplace for investing.
BC: How will your project address this problem, market deficiency or opportunity in a unique way?
Change: The Change Bank app will allow you to store cryptocurrency as a wallet function while also giving you access to a marketplace of partners from where you will be able to deploy the capital and invest. This will give our users access to a whole range of financial services products without having to individually create accounts for each partner at a time and will allow them to seamlessly move capital in and out of partners with little to no delay windows.
BC: How do you think that competition will develop following your ICO?
Change: One of the main advantages of Change is the fact that we will focus on onboarding already established FinTech Partners – allowing us to take advantage of existing infrastructure. We do expect other wallet operators to head into this direction eventually but we are confident that we can execute at a rapid page.
BC: For all those who have read your white paper and are still on the fence about contributing to your ICO, what can you tell them that could lead them to buy into your project?
Change: I believe you should invest on research not hype and as such please do reach out to us if you have any questions, we are able to speak on both Slack and Telegram. We are quite keen to build a pro active community because we realize that some problems will be harder than other to solve and we will try to take advantage of the collective intelligence to resolve challenges as they come about. If you believe in the project and want to be a part of it and a pro active investors then please do invest.
Meet the Change team
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