Why Crypto Needs to Change — Crypto in Trouble

Anthony Pentland
Agent Not Needed
Published in
4 min readJul 5, 2018

The crypto and blockchain industry is facing a difficult challenge, one that for its entire lifespan has not yet been solved. That challenge is usability, which is actually having the average every day person use a product that uses blockchain technology and crypto.

Vitalik Buterin said it best, when he said:

If all we ever do is talk about crypto prices and the way to get into crypto stays the same, then no crypto business will succeed. If you call raising millions to then not provide any value to the world and not build a product that the average everyday person can actually use… success, then congratulations on your selfish success…

But the whole point is to use the technology to provide an easy to use service that the world can actually use. Can you imagine buying a product from Amazon if they launched their business with “To buy the item you want you have to first go to this website, create a wallet for 5 minutes, then go to this exchange and create an account and fill in the KYC and verify your account and then buy this currency and exchange it for this currency and then send that to your wallet, then come back to Amazon and send your crypto to this wallet but make sure the Gas fee is this and that… blah blah”, surely you realise this is not realistic and will never work….

For the industry and society to move forward we need to remove the difficult barriers the general public faces when using our products. The general public can’t be expected to go to exchanges to buy your crypto, to then send to their wallets, to then use to buy your services, the process is too long and difficult.

They don’t care whether that service runs on blockchain or uses crypto, all they care about is receiving a service/product they want or need. We should leave the exchanges to the traders, just like Forex exchanges which is used by people who trade fiat currencies such as the Pound (GBP), Dollar (USD), and Euro (EUR). But for customers who just want to use a product or pay for a product using crypto, it has to be simplified. Coding must do the work…

That’s why we implemented a new model and new method in our own project ‘Agent Not Needed’. We provide a service through our property platform, the customer pays with traditional money and receives that service. Behind the scenes, that money goes to our internal marketplace and purchases ANN tokens from our community to pay for that service. Quick, simple, and barrier free.

Just like buying a product on an eCommerce store, the customer just pays for the product with their debit/credit card and they get that product. The coding processes the transaction and does all the technical stuff. Our property platform isn’t accepting traditional money for the product as ANN tokens are the platform currency, but instead of expecting customers to go and get ANN tokens, we instead built a system that when they pay with traditional money, it is actually rooted direct to our community to buy the tokens they need and spends them instantly.

We built our own internal marketplace to be able to provide this quick method of payment that exchanges simply cannot provide. This mechanism is built into our platform to make the focus for the customer our service and product, not our crypto token.

This method will draw in new people, new money, and make the process much simpler. We are focusing more on providing a strong service for our customers, a service that makes the process of buying, selling and renting property faster, cheaper and more secure.

Each crypto company has their own services that if they have an easy payment system implemented correctly, can greatly increase its use case and improve the way we live and interact as a society.

Have a look at our project and see how we have implemented this new payment system — agentnotneeded.com and ANNtokens.com . If you’d like help to implement this new model into your business then get in touch with us.

Also subscribe to our YouTube channel for more valuable videos I am creating to provide info and guides for those looking to get involved in blockchain and crypto, and also improve on knowledge you may already have — YouTube.com/AgentNotNeeded

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