Furthermore, the user experience can become coercive. If the upgrade is mandatory to continue using the payment system, users have no choice but to participate in the ICO or lose access to their funds. This is akin to a “forced upgrade” disguised as a funding round, undermining the decentralized, opt-in ethos of blockchain. A malicious project could even design the upgrade to include a backdoor or hidden fee, exploiting the very users it claims to serve.
Why would a merchant or developer choose UPG-PaymentICO over traditional gateways like Stripe or PayPal? The advantages fall into four categories:
Look for specific findings and whether they were resolved.
Furthermore, the user experience can become coercive. If the upgrade is mandatory to continue using the payment system, users have no choice but to participate in the ICO or lose access to their funds. This is akin to a “forced upgrade” disguised as a funding round, undermining the decentralized, opt-in ethos of blockchain. A malicious project could even design the upgrade to include a backdoor or hidden fee, exploiting the very users it claims to serve.
Why would a merchant or developer choose UPG-PaymentICO over traditional gateways like Stripe or PayPal? The advantages fall into four categories:
Look for specific findings and whether they were resolved.
