Centz Gift Card Service to Host ICO on OpenLedger
Centz, a digital currency service letting users convert gift card balances to cash, will hold an ICO in November, hosted by OpenLedger. Centz: Turn Gift Cards Into Digital Cash. Announcing its service at Money 20/20 in Las Vegas, Centz uses a specialized digital currency called “Centz Gold Bucks” (CGB) to convert gift card balances to digital cash, letting users spend their balances on anything. To use the service, customers create an account and load gift card balances into their digital wallets. Centz then converts the card balances into CGB and gives it to users in a single, spendable....
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Data suggests that almost $100 billion in gift card funds go unspent each year, and Centz is just looking to make sure consumers get their money’s worth. Centz is teaming up with decentralized crowdfunding source OpenLedger. The crypto and anti-fraud venture, which allows customers to garner cash from unused gift cards, is working with the incubation platform to spur a new funding round this coming November following an announcement at Money 20/20 in Las Vegas. The company’s claim-to-fame revolves around gift cards. Data suggests that almost $100 billion in gift card funds go unspent each....
At CoinAgenda, OpenLedger CEO Ronny Boesing said his company is “taking ICOs mainstream” by opening pre-investment to 3 new funding projects, all of which are unrelated to the cryptocurrency market. Three Companies to Draw Attention to Blockchain Through OpenLedger ICOs. Boesing said that the three incoming ICOs will be fore Apptrade, Centz and Beyond the Void, all of which will reportedly attract institutional investors to the ICO funding method. “Apptrade, Centz, and Beyond the Void all show applications of blockchain technology to mainstream audiences,” Boesing said. “By accelerating....
Bitit is a new Bitcoin gift card company that wants to make it easier for Europeans to buy bitcoins. The company believes that their gift cards are a way to smooth the learning curve involved in using bitcoin without an intermediary. On the consumer end, there are no wallets involved or keys to remember, all they do is sign up for a Bitit account and receive a euro-denominated gift card funded with bitcoin. While the hardcore Bitcoiners among us would argue that a gift card doesn’t constitute “really” using bitcoin, Bitit believes that their product is a good way for people to at least get....
Gyft Cloud is a cloud-based digital gift card solution. Gyft is pretty well-known in the bitcoin world. The service allows users to purchase digital gift cards with bitcoin or credit card for hundreds of retailers. Users can also upload their plastic gift cards to their Gyft wallet so that cards can be stored securely and retrieved anywhere with an Internet connection. And now, Gyft is expanding its services to merchants with Gyft Cloud - “the ultimate mobile gift card solution.” “Offering plastic gift cards can be cost prohibitive and an operational nightmare for small to mid-sized....
Earlier today, Gyft revealed their own Gyft gift card on the Gyft network of over 200 retailers. Gyft accepts Bitcoin right alongside typical centralized payment processors such as PayPal, Google Wallet, VISA, Mastercard, etc. For over a year, Gyft has been "showing-by-doing" the efficacy of adding bitcoin acceptance to any business model. Without chargebacks and lengthy wait times, Gyft is able to offer 3% off to customers paying in Bitcoin. This new general purpose Gyft card will allow you to "Give the Gift of Gyft." The Gyft Card is redeemed online via its unique promo code whenever the....