3. G.T.M.
Last updated
Last updated
Fiat24 plans to establish itself as an essential infrastructure in the web3 industry through a four-stage process:
Stage 1 is the most time-consuming, as it involves obtaining the necessary licenses, integrating with traditional payment systems (e.g., SWIFT, Visa/Mastercard), and developing and testing the smart contracts. This phase culminates in client interaction via an in-house developed dApp.
Stage 2 and Stage 3 will be executed almost simultaneously. By offering a win-win solution (Bank as a Service, BaaS) for non-custodial wallets and centralized exchanges, Fiat24 aims to quickly acquire users through these two fundamental web3 infrastructures.
If the first three steps are successfully completed, Stage 4 will not require direct intervention from the Fiat24 team. Instead, the market will achieve a natural balance (via an arbitrage-free mechanism), effectively erasing the boundaries between fiat and crypto.