Uber, Hotwire Execs Back Micropayments Startup NeuCoin
Micropayments startup NeuCoin has raised $1.25m in angel and seed funding from over 20 individual investors, including King co-founder Patrik Stymne, Uber SVP Emil Michael and Hotwire president Henrik Kjellberg. The announcement coincides with the official launch of neucoin, a dedicated altcoin that aims to promote online tipping. NeuCoin co-founder Dan Kaufman said the project would provide a similar service to that of prominent micropayments startup ChangeTip, in which he is an investor, while removing the need for consumers to use bitcoin. Kaufman told CoinDesk: "Basically we think that....
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Yesterday it was Bonafide.io. Today, it is micropayments startup Neucoin that's earning money to expand and grow, and thus we can chalk up another win for the digital currency market. Investors flock to digital currency startups because they hold so much promise. Funds, in the form of $2.25 million, were invested in the startup by way of executives from conglomerate companies Uber, Hotwire, and King. Neucoin, which only recently launched, is a new form of altcoin that's meant to promote online tipping (hey, it's always nice to leave a tip). Co-founder Dan Kaufman commented on the startup's....
Digital currency startup NeuCoin's 60-day crowd pre-sale aims to raise the additional funds needed to prepare for the company's public launch this summer. One hundred million NeuCoin will be up for sale April 28 in exchange for bitcoin. The price will start at 25,000 NeuCoin for 1 Bitcoin (approx. $0.01 per NeuCoin) and increase by 1 percent each day. The pre-sale will end after 60 days or after all coins have been sold. The Paris-based NeuCoin startup has already raised $2.25 million from a group of investors. Co-founder Dan Kaufman is confident about the launch of NeuCoin and told....
For a coin that hasn’t even officially launched yet, NeuCoin has been making strides to be a consumer-friendly cryptocurrency with a focus on micropayments. NeuCoin markets itself on being the first cryptocurrency that: NeuCoin already has $2.25 million in funding via angel investors, as well as partnerships with MondoMedia, Jango, and RadioAirplay. NeuCoin hopes that, through POS and its superior coin distribution, cryptocurrency can finally achieve tangible progress on the mainstream adoption front.
Uber has denied that it is currently integrating bitcoin as a payment option for its on-demand mobile ride-sharing services. Suspicions regarding a potential announcement first began to circulate on social media yesterday after a user posted a cryptic interaction with one of the company's help desk representatives to Reddit. The text of the message suggested that Uber was "currently making bitcoin work" for the service, but offered few supporting details. However, a representative for Uber indicated that such assertions were unwarranted, telling CoinDesk flatly: "This story isn't true."....
Its been a few months now since NeuCoin launched its much anticipated digital currency, and today, the organization has launched its first consumer application - giving users the ability to tip emerging new artists with NeuCoin through the Jango platform. Additionally, NeuCoin has launched a Facebook game - Solitaire Racer - which gives players the chance to earn NeuCoin while playing. Both projects are aimed at rapid growth and NeuCoin adoption among mainstream users who have not used cryptocurrency before. "It's about making crypto fun and available to mainstream users. The base goal is....