Peer-to-Peer Crypto Payments, Finally Made 100% Safe For The Consumer, Protecting Them Against Fraud and Dishonest Merchants.
Problem
Safeguarding buyers of goods and services against unfair practices in the marketplace is the missing piece for crypto payments to truly have market penetration and acceptance among mainstream consumers.
In the absence of such protection, crypto payments will never become a realistic alternative to traditional card payments.
Card payment transactions are high in fees and do not offer an acceptable level of security to prevent fraud. Alternative crypto payments provide increased security and high levels of Merchant Protection but lack any Consumer Protection.
Solution
To fix this problem and allow crypto transactions to occur freely, securely, and openly, Send-in-Coin shall escrow payments to provide the highest quality of protection for the consumer.
We have also incorporated traditional payment practices into the platform to provide for a decentralised dispute resolution process – managed by the community under the governance of the Send-in-Coin DAO.
We have supercharged P2P crypto payments, delivering a trustless protocol that empowers its users to participate and contribute to the world of decentralised finance. In doing so, we have eliminated the institutional middleman, avoiding all the extra commissions and unnecessarily high transaction fees.
For the first time, Send-In-Coin and its governing token, The Quid (QUID), is set to change the game of mobile payments. Consumers can now be confident that their goods will be received from the merchant, as described, and that a dispute process is in place to protect the revolution legally.
Opportunity
Global Cards &
Payment Market
Valued at USD 671.73 billion in 2020
Expected to grow to USD 729.9 billion in 2021
Compound annual growth rate (CAGR) of 8,7%
Global Payment
Gateway Market
Valued at USD 17.2 billion in 2020
expected to reach USD 42.9 billion by 2026
Compound annual growth rate (CAGR) of 16,43% forecast period (2021 – 2026)
Global Online
Sales
USD 4.29 trillion online sales in 2020
24,1% growth over 2019
World’s largest online shopping malls contributed USD 2.6 trillion
Global DeFi
Market
1,408% increase in DeFi users in 1 year
USD 99 billion DeFi Market Cap
5,010% increase in DeFi Market Cap in 1 year
Governance
Token Ownership grants
DAO Representation &
voting rights
Owners of 500,000+
tokens enables
governance action
proposals
120-hour voting
system
Implementation of
community majority
decision
Token Overview
Earn
Token owners handle dispute cases and get paid
Trade
Incentivization facilitates increased liquidity, transactional use and greater value
Govern
Token ownership grants direct representation & voting rights in the SMP DAO
Distribute
Distribution throughout marketplace account holders, incentivizes user participation and token use as a form of real-world payment, thus facilitating increased liquidity and token value appreciation
Get in touch
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