Beluga Pay

Summary

Overall, Beluga has stiff competition when it comes to creating the next decentralized banking app. However, its ability to help merchants receive better pay will help small businesses and companies grow. We hope to see more from this ICO as it continues to help non bank owners and smaller companies gain the financial freedom they need.

Positives
Merchant Incentives: Beluga is made for merchants who want to receive both crypto and fiat money for their services. With Beluga, they can receive both forms of currency instantly.
Decentralized Banking: Users without bank accounts can easily make an account with Beluga and start buying products and services. This helps increase the global economy.
Better Infrastructure: With Beluga, you can expect lower transaction fees, faster speeds, and a better way to obtain money without having to use a traditional bank account.

Negatives
Competition: There are already ICO projects that provide the same service. Such high competition could make it hard for this project to increase in value over time.
Protection: While Beluga does help in creating a decentralized banking app, we wonder how it will help when solving disputes.

Beluga Pay has benefits to business and consumers using the products to make payment. One is able to pay for products and services using cryptocurrency. They can also send money to all parts of the world under an improved storage of funds. There has been an increased opportunity to earn from the BBI ICO where one earns 0.5% of the system fees applied from all transactions. There has been a significant growth in the ability to process cryptocurrency to Fiat for a stable financial performance in the market.