The Black Unicorn Factory is about to launch a new debit card that creates wealth instead of just being debited because most debit cards are only for debiting one’s account to pay bills. The new Dollar for Dollar debit card is the first of its kind, a debit card that will match every dollar spent of its money with a dollar to invest in pre-IPO companies on a clear path to IPO. “This is going to really disrupt the debit card market,” says John Stewart, founder of Black Unicorn Factory, a pre-IPO startup accelerator in Los Angeles.
Today, most debit cards are only designed to pay bills, they only help the person get by, but are designed to keep the user moving forward. Since other debit cards are just designed to get by in life, their debit helps to progress financially in life because it earns a dollar to invest each time it uses to invest, which means it helps to create wealth. There are a few other debit cards today that build credit, but it doesn’t build wealth. Credit is a liability, not an asset, everyone in accounting knows that.
Now anyone can be an angel investor, says Stewart. The Dollar For Dollar debit card levels the financial playing field as it matches every dollar spent on things they would normally spend money on, with an “Equidollar” that can be used to invest in over 100 pre -IPO on a clear path to go public.”
Dollar-for-dollar debit will level the financial playing field because people will no longer be limited by the amount of money they have or don’t have. “There is no need to change what you do every month,” he exclaimed. It is the first debit card that creates wealth for all those who do not have the capacity to invest. It’s a risk-free way to invest and build wealth because no one will use a dime of their own money to invest. It’s OPM or other people’s money investing at its best, says Stewart. Nearly 76% of Americans are living paycheck to paycheck and have no money left to invest. Due to the lack of investment, the wealth gap continues to widen. The Dollar For Dollar debit card eliminates the need to save, budget or cut back on investments. The Dollar for Dollar debit card is set to launch on June 19, 2022.