AIGOPay is a revolutionary payment protocol that goes beyond the basic benefits of a blockchain-based payment protocol, namely transparency and access to the cryptocurrency
AIGOPay uses a pre-algorithm developed by the company AIGO. The project will use the AIGO AI payment chain protocol, which offers lower processing costs, protection against chargebacks and customizable payment formats. This product successfully meets the needs of businesses and individuals.
AIGOPay SWOT analysis
The SWOT analysis explains in detail the potential of a blockchain project.
The AIGO company is entering a tight market as payments fall under the natural use of blockchain. To compete in such a competitive market requires a competitive advantage and AIGO has just the right product to make it the next market leader in cryptocurrencies.
Payment products are unique in that they need to serve both businesses and consumers directly.
The AIGOPay team has many years of experience in the financial and e-commerce industry. The team has experienced the difficulties and pains of current channels for transactions offered to both merchants and consumers. So this is the first payment product that is tailor made for both individuals and businesses. Yes, AIGOPay is cheaper, more transparent and equipped with many other great features, but these are just the cheap deals.
A team that understands that a payment product has to appeal not only to consumers but also to businesses – especially small businesses – makes AIGOPay a product designed for rapid adoption. For this reason, AIGOPay has already prevailed in many companies, although it is only in the conception phase. The key strength of this product is its team vision to develop a product that supports the success of businesses and consumers alike. Rather than being just an additional network to conduct transactions, AIGOPay offers a product that acts as a transactional channel, accesses more revenue from a single offering, and seamlessly manages product issues (such as returns). AIGOPay is the complete package.
The biggest weakness of AIGOPay, despite the highly desirable features that fill the project. The product has to spend money on marketing. As the company needs to raise awareness of its product, much of its early cash pool needs to be allocated to marketing campaigns.
However, this has a positive side. Given the desirability of the product resulting from the fact that many traders have already agreed in the design phase, the conversion rate of the AIGOPay marketing campaign will be high, which means the ROI can easily finance future marketing campaigns.
The cryptocurrency market has reached a very high volume and many coins have a higher trading volume than the domestic currency of a country. A major challenge in combating cryptocurrencies, however, is that these currencies can not be used very much for daily needs.
There are many jokes and memes that fly on the internet about people who have large crypto assets but can not even drink a beer with them. This forces Krypto to become a victim of ridiculousness. It is time for the world to take full advantage of the power of this market, and AIGOPay offers just that.
AIGOPay aims to make Krypto as liquid as any currency, and that in itself is a huge market. This benefits both consumers and traders as the purchasing power of consumers will increase overall.
In addition, companies clearly have some problems with existing payment systems. AIGOPay addresses each of these issues by using the blockchain, a native XGOtoken, and an AIGO AI payment chain protocol. Click here to learn more about the benefits of AIGOPay for businesses
The market prospects of AIGOPay are very strong. And the Fiat competitors, who are deep in their pockets, may see this product as a powerful new acquisition opportunity. While MasterCard and Visa are clearly not going to risk their entire income by converting their payment protocol to a completely new concept they have never experimented with before, they would be more than interested in purchasing a product designed with the intention of Blockchain to use technology. And these companies have a long tradition of acquiring promising and competitive start-ups.
However, an acquisition is not bad from a business perspective. And this article provides a business analysis of AIGOPay. While the pure enthusiasts of the Blockchain movement would be upset by all takeover attempts by a centralized company, the valuation of AIGOPay would experience a strong upturn.
Visa and MasterCard regularly pay huge rewards and billions for the technological advancement of their product offering. AIGOPay would be a powerful product diversification for Card Network providers, making AIGOPay a highly desirable acquisition target. However, this is no reason to be disturbed when looking at AIGOPay from a business perspective.
AIGO Project Official Links
Peer Gynt: https://bitcointalk.org/index.php?action=profile;u=2545129