The primary constraints on crypto exchange growth are the operating expenses and reserves required to handle each new customer. This is why competitors are constantly working to raise capital. The architecture of our system and utility of the Javvy token (JVY) reduces our startup and growth expenses by fifty percent (50%). This allows us to focus on core competencies, rather than raising funds. Unfortunately, significant national currency reserve requirements can still be a limiting factor to our rate of growth and ability to overtake the market.

We have already raised enough funding to launch the initial release of the Javvy wallet with integrated Buy/Sell functionality and the most user-friendly registration process. As we raise significant funding, we have the flexibility to begin pursuing real-world usefulness, by way of an international debit card available to nearly everyone, and long-term marketplace liquidity by offering a direct marketplace that would also yield potentially better crypto pricing, competitive fees and spreads on high volume trading, and support for speculation (shorting and margin trading).

At the next level of funding, we expand our reach and solidify ourselves as the leader in the marketplace, in ways that would also speed adoption significantly, as well as increase revenues. At that level of funding, Javvy could obtain more leverage in the banking arena, offer direct competition with Paypal to easily send “CASH” to anyone, and licensing the ability to use our wallet with any existing merchant terminal. These would be “game-changers”. Working to achieve those goals will increase costs, due to the increased need for personnel, development and licensing, as well as regulatory costs.

For more specific and up-to-the-minute release dates, visit the Javvy updates page.