Bitcoin Marketplace Brawker to Shut Down
Bitcoin buying service Brawker has announced that it will close its doors at the end of April, citing competition and workload issues. The news, made public in a 14th April blog post, comes soon after the departure of former CEO Cyril Houri, who left following a management shakeup earlier this month. The decentralized platform, launched in April of last year, enabled consumers to purchase products with bitcoin. Gabriel Majoulet, CTO at Brawker, told CoinDesk: "We did not meet our objectives, and the general idea behind the project is not as effective as it was 18 months ago. Buying bitcoin....
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Bitcoin startup Brawker is on a roll. On October 16, the company enabled a New Hampshire-based reddit user "Rossby" score what is a world's first: pay a parking ticket with Bitcoin, and while at it, get a discount in the process too. Brawker is an online marketplace that connects people who want to buy Bitcoin and people who want to buy things with Bitcoin. Brawker allows you to buy anything you can find online with Bitcoin, or use it to buy Bitcoin with your credit card or PayPal account. You can even use Brawker to pay your bills with Bitcoin, as well as buy books that are supposedly....
In a shocking announcement made on April 14, online Bitcoin marketplace Brawker revealed that the company's growth has been below expectations, which is the prime motivation for the complete closure of services. "Our growth rate did not meet our expectations, and the service does not scale as we would have expected to. The Bitcoin community came up with many great startups and the environment is very different from what it was 18 months ago, when we started working on this project." The Bitcoin buying and selling place will dissolve by the end of April 2015 until which users can resolve....
Name: Brawker. What it is: Brawker is a site that offers discount shopping at all legitimate web retailers. The firm says users can buy "almost anything" online with bitcoin. It also enables people to semi-anonymously purchase bitcoin by shopping for others with their credit/debit cards or PayPal. Who's behind it: Co-founder and CEO Cyril Houri previously founded Infosplit, the first company to provide geolocation based on IP address, and Navizon, a firm specialising in wireless geolocation. He designed and patented some of the technology that is now commonly used to geolocate website....
Bitcoin marketplace Brawker announced on Tuesday the company would be shutting down due to insufficient growth. The service was one of the first Bitcoin companies to decentralize their bitcoin buying service and integrate multi-signature bitcoin transactions. The announcement follows on the heels of Brawker's former CEO, Cyril Houri's, departure from the company earlier this month. The Bitcoin marketplace has been in control of the developers behind the company since. "[O]ur growth rate did not meet our expectations, and the service does not scale as we would have expected to," read the....
Before I begin, this article is about how Amazon dropped the ball and how Brawker outperformed them. I use Brawker. I love the concept of sites like Purse and Brawker. Their business models are such classic examples of innovation outpacing the establishment. An article on Brawker was something I wanted to do but then the price crashed. Then sidechains and a bunch of other great innovations happened. I kept missing the chance to write about Brawker. Writing about my personal experiences are not as exciting for me as writing about technology or economics or history. This article goes a....