Making Cryptocurrency spendable, anytime, anywhere.
Kaboom Coin wallet is the major game changer as it enables a user to spend their blockchain assets through their smartphone or a physical debit card at over 36 million points of acceptance online and offline. Kaboom Coin app will be available and released for free on both Android and iOS in the 4th quarter of 2017.
- Once the user has downloaded the app, they simply enter their phone number and email address, to set up an account.
- A multi-currency wallet will be created automatically, which the user can then fund with different cryptocurrencies. The private key is currently secured via an industry standard hot & cold storage solution. By the end of 2017 we will directly link the wallet to the COMIT network, thereby allowing the user to store their own private keys.
- The cryptocurrencies do NOT need to be converted to Fiat money until an actual transaction happens, in which case conversion is being conducted real-time. The user can choose between different blockchain assets as a source of payment within the app. Further, the user can conveniently exchange blockchain assets such as Bitcoin, Ether, Dash Kaboom Coin and many more simply using his wallet.
- The user can choose to order a virtual and/or physical debit card directly within the app. As a security measurement, we allow a user to lock and unlock his card in the app. This makes our system more secure than traditional credit and debit card companies.
- Multi-asset (any blockchain asset possible)
- Assets stay in cryptocurrency
- Best available FX and transaction fees (no added fees)
- Decentralized and trustless storage
- Global access to 36 million points of acceptance online and offline in close to 200 countries
- Any user from non-US sanctioned countries can signup (US will follow by the end of 2017)
- Users earn a 0.2% reward for every purchase they make. This incentive will be transferred to the user in form of PAY tokens, which additionally gives them the opportunity to become token holders and further gain from a potential value upside of the tokens (see token sale section for further details)