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Cryptopay Plans to Tie Investments to Service Performance Metrics

London based leading blockchain crypto gateway, Cryptopay, has launched an Initial Coin Offering that would enable further expansion and offer its customers the opportunity to invest in an already viable company.

Servicing a growing industry

The increasing rate of growth experience in the blockchain industry is imposing a high demand for cryptocurrencies, especially the more established ones like Bitcoin and Ethereum. This development can be attributed to the actions of established crypto enthusiasts as they acquire more assets, and also in attempting to diversify their opportunities as new products emerge.

Another set of people that are responsible for the expanding market are the new entrants, who are seeking opportunities in the industry either for the purpose of transaction functionalities or acquiring crypto assets as elements of investment.

The demand placed on the market by these groups of people makes it expedient for established gateways like Cryptopay to provide adequate service and also open up the opportunities for all and sundry within the industry.

Most of our current roadmap is in stealth mode whilst we gear up to launch the best possible services for our customers. The Cryptopay gateway will be adding multiple crypto assets such as Ethereum, Ripple, and Litecoin just to name a few. This will in turn allow us offer a multi-asset debit card, which will continue to increase the fungibility with our customers”, says George Basiladze, CEO of Cryptopay.

Flexible crypto debit cards

Known as one of the longest running Bitcoin and blockchain companies, Cryptopay has built an end-to-end solution to purchase, manage, and use crypto, offering customer wallets, exchange services, merchant processing and crypto cards.

The Cryptopay Debit cards come in both virtual and plastic forms. The card offers an easy loading process through an individual’s Bitcoin wallet, and funds loaded can be spent either virtually or traditionally anywhere major payment cards are accepted.

Apart from BTC wallet, there are 3 FLEX accounts in EUR, GBP, USD. Our straightforward system makes it easy to hedge your bitcoins against major currencies for peace of mind and security against Bitcoin price fluctuations.

Cryptopay Bitcoin debit card works online, offline and internationally, making it simple for customers to use bitcoin at millions of businesses around the world.

Using a debit card is by far the easiest and fastest way to cash-out your Bitcoins.

You can pay for a debit card using any of the currencies accepted by Cryptopay – Pounds, Dollars, Euro & Bitcoin.

An investment opportunity

The ongoing ICO by Cryptopay is primarily for the building of the company’s stocks brokerage offering. This comes as a result of unrelenting demand by customers who are seeking an opportunity to invest into the already established organization.

“When looking at the ecosystem currently there are not many other projects taking the approach that we are, especially with the fact that we have been running for over 4 years now and can prove a working scalable product”, says Basiladze.

In the future, Cryptopay plans to tie this ICO results to the Cryptopay service performance metrics. Therefore, as much contribution and engagement an individual provides, as much tokens he could get.

Richard Kastelein
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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