Sending crypto peer to peer can be risky, especially if you are conducting a transaction with someone you don't know. I've personally witnessed an instance in which someone wanted to sell an NFT directly to someone in their project community, but were unsure whether or not they would ever get their payment. So they used one of the admins in Telegram as a proxy for the transaction who accepted the funds and passed them on once the NFT was in their possession. I remember thinking at the time that this sort of thing was unsustainable, so it's great to see a company like Paydece who can act as a decentralised escrow service to keep payments locked in a smart contract until both parties are satisfied with their transaction.
Notable things from this project that I can see are:
- If there's a dispute, there are two points of escalation and investigation
- There's a Spanish and English app
- 50% of tokens are allocated to the community
- They've been audited by Hacken
- They have a deflationary monetary policy with emissions halved every two years and a token-burning mechanism
This project could do well as long as they got enough people using it and marketed it appropriately. Show Less