It seems a critical mass is really confident about the potential of crypto currency to beat and recover fiat money. Every financial market, including cryptocurrency, will undergo many variations. As of now, the cryptocurrency markets are in the blood red zone. Nevertheless, the current roller coaster of cryptocurrency prices is not an excuse not to believe in the underlying potential of cryptocurrency. So if you believe in the awesome potential of cryptocurrency as well, visit Blockbasis, where users can send and receive crypto using only an email!
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Whar is the business model of Blockbasis? Where will revenues come from?
So the business model is quite simple. If you boil it down, we allow users to easy transfer and exchange cryptocurrency with each other using email. We want to get the masses to trade with each other using crypto, so we will not change a transfer fee. On the contrary, there are operations that cost us to perform exchanges from one cryptocurrency to another, which is why we charge a transaction fee. In short, the business model is similar to other cryptocurrency exchanges charging an exchange fee.