CGTrader.com Starts Accepting Bitcoins

CGTrader.com Starts Accepting Bitcoins

CGTrader.com introduced digital currency to their clients as an alternative payment possibility. 3D design professionals who meet and make business on this marketplace can use digital currency instead of banks or money transfer services. Sellers can create a digital wallet on CGTrader and receive bitcoins as payment for their models.

Marius Kalytis, the CEO of the goal of accepting bitcoins is to make payment system more liberal and give users more ways to pay for their purchases.

“Accepting bitcoins as an alternative way to pay for purchases is quite symbolic. It is a peer-to-peer digital currency, while CGTrader is a peer-to-peer marketplace. So, obviously, these two products have the same liberal and democratic philosophy behind them,” said Marius Kalytis, CEO of CGTrader.

It will be the first immediate payment method on this 3D model marketplace. CGTrader had become another marketplace where customers can use this emerging digital currency. Bitcoin payment system was introduced as open source software in 2009.

Buyers could choose from standard payment alternatives on CGTrader till now. They could use PayPal or Skrill accounts to pay for purchases. Bitcoin widens the range of payment possibilities as it is the only one possibility to pay using digital currency.

About CGTrader

Community-based 3D model marketplace CGTrader.com was founded in 2011. CGTrader has been built with the vision of democratizing the 3D modeling and 3D design market. It There are more than 54,500 3D models uploaded to the digital library and more than 48,500 registered users, uniting 3D modeling professionals from all around the world. It is backed by Practica Capital, a seed fund based in Vilnius, Lithuania, and Intel Capital, a venture capital fund.

CGTrader.com: https://www.cgtrader.com/


Related News

Bitcoins in De Waag: How it all started and is going on with the first restaurant in the Netherlands that accepted Bitcoins.

Nowadays more and more physical places all over the world have started accepting Bitcoins as a payment. But in the Netherlands restaurant ‘De Waag’ in Delft is the place where it all began. They are still seen as the number one in NL which made it possible to pay your coffee, beers and à la carte meals with Bitcoins. We took an interview with Hugo Overvoorde, manager of De Waag, to ask him about the beginning of times, the development of Bitcoin in De Waag and about the present situation. Christien Havranek: When did you start with accepting Bitcoins in De Waag and what has been the reason....

Amazon Starts Shipping 21 Bitcoin Computers

Online retail giant Amazon is now shipping 21 Bitcoin Computers, the first product from the industry's best-funded startup 21 Inc. 21 began accepting orders on 21st September, when it revealed the offering along with its broader vision for how it believes the 21 Bitcoin Computer will be used to further development in the field of machine-to-machine payments. Unlike past products aimed at the bitcoin mining market, 21 reiterated in a new blog post it does not intend for its units, which contribute to transaction processing on the bitcoin blockchain, to be optimized for the speculative....

Make It Rain Satoshis: Las Vegas Strip Club Starts Accepting Bitcoin Payments

Bitcoin is slowing but surely making its way into the heart of society as we know it. Earlier this week, a major entertainment center in the city of Las Vegas, which is known for its gambling and bustling nightlife, said it would start accepting Bitcoin payments for VIP bottle service online. The payments would be […]

Will Retail Help Bitcoin?

Will the adoption of Bitcoin by large retailers have an impact on the transaction volume? The range of products that can be bought with Bitcoin has grown significantly since the beginning of 2014 as more and more large online retailers have followed their customers’ demands to start accepting Bitcoin payments. In the early days of 2014, Overstock started accepting bitcoins as a form of payment. After the Chinese central bank prohibited financial institutions from processing Bitcoin transactions, it came in as good and refreshing news for the cryptocurrency. A few days later, TigerDirect....

Equinox, The Luxury Gym Brand, Starts Accepting Payments In Crypto

New Yorkers looking to burn off some summer calories will soon be able to use cryptocurrency to pay for a membership at Equinox, one of the world’s top luxury gyms. Equinox health club has collaborated with BitPay to begin accepting cryptocurrency payments, according to local media reports Monday. Equinox is well-known for its world-class fintand […]