Bonpay promised what so many other ICO holders have done in recent years: a decentralised cryptocurrency debit card with seamless integration and zero-fee conversions between crypto and fiat currencies.

However, a year and a half after the inception of their 10m USD ICO, Bonpay: a) have delivered no such product, b) have a token worth almost nothing and c) have abandoned any future development.

To-date, their coin has plummeted over 98% in total value and is traded in an extremely low volume considering the apparent size of the market.