The Integrative Wallet is a multi-currency wallet powered by IW tokens. Find out how it works today in our Integrative Wallet review.
What Is Integrative Wallet?
Integrative Wallet is an upcoming wallet designed to store all of your cryptocurrencies. You can also use the wallet to make instant payments to other wallets, or order a debit card to access POS machines and ATMs in the real world.
The wallet is run by IW tokens, or IWT, which are available through crowdsales throughout September and October (the crowdsale officially began on August 31).
What makes the Integrative Wallet different from other multi-wallets? Let’s take a closer look at how it works.
How Does Integrative Wallet Work?
The Integrative Wallet’s ecosystem will consist of three parts, including the Integrative Wallet itself, which is basically a multi-wallet, Integrative ATMs, which will be cash machines located around the world, and the Integrative Card, which is a physical card connected to your wallet.
Obviously, Integrative Wallet isn’t the first team to propose a project like this. We have payment gateways and wallet applications today that let you order physical or virtual debit cards and then access ATMs around the world.
Integrative Wallet, however, plans to differentiate itself from the competition by allowing you to hold all of your funds in one place – so instead of just spending from your bitcoin wallet and Ethereum wallet separately, your funds will be kept secure in one location.
Here are the three key parts of the Integrative Wallet ecosystem:
The wallet will hold multiple digital assets. The wallets will be json files that contain private keys completely encrypted – so when the Integrative Wallet server is reached by a wallet, it will appear as a Base64 string, which means that the developers will not be able to view your balance or addresses, nor will they be able to perform transactions. The wallet will initially be a software wallet, with a mobile wallet being developed soon afterward.
The developers plan to launch their own network of ATMs by working with a bitcoin ATM manufacturer. That manufacturer already makes ATMs for bitcoin, Litecoin, and dogecoin, and will add the rest of the altcoins and digital tokens in the future. The ATM will be integrated with the Integrative Wallet, allowing ATMs to work as cashiers to buy or sell cryptocurrencies. The ATMs will charge a 2% fee on every transaction.
The Integrative Card is a normal debit card. Any transactions made with the card are recorded and carried out on the blockchain. The decentralized blockchain keeps all data secure, and the immutability of the blockchain means a transaction cannot be altered in the future.
With that in mind, let’s take a closer look at Integrative Wallet’s features.
Integrative Wallet Features
Simple and Useful: The Integrative Wallet is designed to be simple and useful. It’s an application that can store all your cryptocurrencies and make payments instantly to other wallets. You can also order a debit card.
Your Money is Safe: The Integrative Wallet comes with special encryption so that your holdings are secure at all time, and only you have access.
Multi-Currency Support: You can hold all of your currencies in one place, which means you can easily access your digital funds wherever you go.
Minimalistic: Integrative Wallet is designed with minimalism in mind.
The Integrative Wallet Token Sale
The Integrative Wallet token sale launched on August 31 and is continues throughout September and October. You can contribute to the token sale using any Ethereum client. There’s a maximum funding cap of $12.5 million USD.
The tokens themselves (IWT) are ERC20 compatible tokens distributed on the Ethereum blockchain.
There will be a fixed total supply of 100,000,000 IWT. 45% of those tokens will be used for the crowdsale. 25% will be reserved for the rewards program. And 30% will be held in a safe account.
During the first days of the sale, 1 ETH will buy 1200 IWT. By the end of the token sale, 1 ETH will buy you 600 IWT.
Who’s Behind Integrative Wallet?
Integrative Wallet describes itself as “a group of enthusiastic people about the cryptocurrencies and we are eager to develop this project to facilitate their use and integrate them at a global scale.”
The company is led by Franco Leonel (Founder & Developer). Leonel is backed by a team of about a dozen programmers, project managers, developers, and marketers. The entire team comes from different Spanish speaking countries.
Integrative Wallet Conclusion
Integrative Wallet is an ambitious project that involves launching a secure multi-currency wallet, a network of ATMs around the world, and debit card support. The project is seeking funding through its ICO, which began on August 31 and is taking place throughout September.
You can learn more about Integrative Wallet and their token sale today by visiting IWToken.com