Hi Dynamo77,
My thoughts on this is that the company wants to get as many users to download the app as possible. If you think about it, if a user is prepared to download airpocket to transfer funds into a relatives phone account they are also going to use the app for direct remittance in a very valuable remittance corridor.
The cost to the user (making an assumption here) is the same to transfer money into a phone account as it is to their direct account. We just get access to a very large user base.
DigitalX will receive an 11% commission, alongside standard rate fees, on the value of transfers that will range between US$2 and US$70.
Hopefully the phone company bear some of the marketing cost of airpocket to their users then it really would be a win for us imo.
This appears to be a very low cost per user acquisition strategy. Hopefully it works!
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Mkt cap ! $132.3M |
Open | High | Low | Value | Volume |
9.1¢ | 11.5¢ | 8.7¢ | $4.423M | 46.39M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10045 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 1189956 | 6 |
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No. | Vol. | Price($) |
---|---|---|
2 | 10045 | 0.110 |
2 | 109523 | 0.105 |
4 | 350000 | 0.100 |
1 | 100000 | 0.099 |
1 | 5353 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 1189956 | 6 |
0.120 | 1055344 | 11 |
0.125 | 155000 | 2 |
0.135 | 6888 | 1 |
0.140 | 340000 | 2 |
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