Pay with a PIN on Pinn Platform
The payment processing start-up, Pinn has topped the retail segment of the recently concluded Plug and Play accelerator cohort demo day. Founded by Will Summerlin and Nick Auriana with Kyle Crews as a lead engineer, the company enables bitcoin and fiat payments for merchants. Pinn's unique point of sale system doesn't require smartphone or wallet for making payments. According to the company's description, Pinn is a retail payment and authentication system built around the Internet of things. It uses a proprietary proximity technology to enable a single point of action payment process. In....
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Payments startup Pinn placed first in the retail category at Plug and Play demo day last week for a unique point-of-sale (POS) solution that enables bitcoin and fiat payments without the need for a smartphone or wallet. The accelerator featured a number of bitcoin and blockchain startups in its FinTech portion, however, Pinn provided evidence of bitcoin's expanding appeal to other markets. Pinn was the only retail startup to integrate bitcoin into its solution, but 18-year-old entrepreneur and CEO Will Summerlin sees the technology as one that could give it a long-term advantage over its....
Music-centric NFT platform OneOf has announced that $63M in funds have been raised, with a large bulk of the funds going towards artist rights. Additionally, funding will supply team expansion, building the platform’s existing technology, and supporting independent artists. OneOf is preparing to launch the environmentally-focused NFT platform on the Tezos platform. The OneOf Launch […]
The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform for Solana.
Solana’s Orca Gets an $18 Million Capital Raise
On Wednesday, the Solana-based decentralized finance (defi) service Orca revealed the team has raised $18 million in a Series A funding round. The investment, Orca says, will “jumpstart our path toward making Orca....
Back in May of last year, we first covered OneOf’s emergence as a growing audio NFT platform after the platform raised $63M in a fundraising effort that specified that a majority of funds raised would be going straight to artist’s pockets. The platform was (and is still) clearly making strides in onboarding substantial talent – […]
Due to a few platform instabilities with their V1 platform, Moolah.io has announced that they will be performing an unplanned emergency platform migration to their V2 platform. Alex Green, CEO of Moolah, made the announcement on Dogecoin's subreddit informing customers of the migration in advance. CCN. For the past few days, Green has been tweeting to his followers urging them to move themselves from the V1 platform to the new one, warning of various problems V1 has been experiencing. But as the company was trying to hold off for as long as they could, the decision to migrate had to come....