As of now, our virtual prepaid cards are used to load funds to our Cryptoceeds eWallet, Compumatrix Social Network and Trading Portal. It is Cryptoceeds that can be used to buy from our merchant partners online and offline. However, we are still in the process of growing our merchant base while at the same time growing the customer base by providing incentives to members in their role as market makers and distributors of the virtual prepaid cards. By doing so, we increase the customer base for merchants and at the same time increase the number of merchants accepting our Cryptoceeds as a form of payment.


Like Network Marketing companies, we spend less on advertising and passing the marketing budget to allow members to earn by creating a buzz that gathers more members rather than just a click. Thus simplifying the process by which people pay online. You don't have to go to a bank or remittance service to send or obtain a credit card or debit card. You can just go to your next door neighbor, a neighborhood store, a merchant or just be the associate yourself. The goto person for people to buy a card from, so they can redeem the code to fund their account which they use to spend online without having to pay hefty fees.


One fact we have to face as a startup is that Cryptoceeds eWallet was just launched recently and of course like any other program, nobody knows about it except for its founding members and owners. The first thing that merchants want from any payment method is a great number of members they can serve as prospective customers which will eventually become their customer. On the other hand, customers want to use a payment method which has a lot of merchants to buy from. We don't have both. So why do we have the virtual prepaid cards? What can we do? We then create value for using the cards which then turns these cards into a marketing tool and an online business that increases both number of merchants and customers by allowing them to earn from us through our revenue sharing and monetization platforms. Customers becomes our members first enjoying the benefits and perks of distributing our cards on a global scale. It is the tool that creates the buzz which solves our need to increase our membership base.


While it is true that Cryptoceeds eWallet don't have any use for merchants as of yet, it can be used to grow your earnings via the trading portal while at the same time growing our membership base who works as market makers and distribution channels. With the cards, we can grow at a rapid pace. The cards not only increases our membership base and merchant partners but it also brings us an astronomical revenue growth which can further use to provide better services, faster settlements and a lot more that will come our way.


You are all lucky to be part of this point in time where you will be able to see your income or earnings grow together with the company.