📪Problem Statement & Solutions
Problem in Crypto Adoption
Lack of Practical Day-to-Day Utility Most cryptocurrencies cannot be used for regular purchases like groceries, dining, shopping, or travel.
Difficulty Converting Crypto to Fiat Users often go through multiple steps and platforms to convert crypto into usable cash, with delays and high fees.
Slow and Expensive Cross-Border Payments Traditional international money transfers are slow, expensive, and inefficient.
Complex Onboarding and KYC Signing up for crypto services is often complicated, with lengthy forms, KYC verification, and multiple apps.
Low User Engagement Many crypto apps fail to retain users due to lack of interaction, rewards, or clear use cases.
Limited Merchant Acceptance Most retailers and online platforms do not accept crypto, making real-world use extremely limited.
No Incentives for Spending Crypto Unlike traditional credit cards, most crypto cards don’t offer cashback, discounts, or perks for usage.
Problem for Merchant To adopt the online payments through card merchant need POS device that cost several dollars and sometimes there might be connection issues and high charges
Solutions Provided by NOTY Coin
NOTY VISA Card for Daily Use Enables users to spend their NOTY coins at any store that accepts VISA — turning crypto into a real-world currency instantly.
Seamless Crypto-to-Fiat Bridge The NOTY Card acts as an instant conversion tool, removing the need to manually sell or swap crypto before use.
Instant and Affordable Global Transactions NOTY’s infrastructure supports fast, low-cost cross-border payments, removing the need for remittance services or banks.
Easy Telegram-Based Onboarding Users can join and start mining or spending NOTY through a user-friendly Telegram bot, with simplified KYC and activation.
Gamified User Engagement Daily mining, ranking systems, and referral programs encourage continuous participation and build user loyalty.
Merchant-Friendly Payment Gateway Businesses can accept NOTY or other crypto payments through an easy-to-integrate gateway with fiat settlement options.
Rewards and Cashback with NOTY Card Users earn cashback and exclusive perks when they spend with the NOTY Card, driving more transactions and utility.
Solution For Merchants With NOTY Pay App, you dont need any POS , just tap into your NFC enabled phone and BOOM. very easy no extra KYC, no device purchase, no hassle.
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