Bitcoin Startup Plutus Raises $1 Million in a Crowdsale

Bitcoin Startup Plutus Raises $1 Million in a Crowdsale

In just nine days, the mobile Bitcoin wallet, UK-based Plutus, has raised more than $1 million in a flash crowdsale, allowing the company to complete their platform and make the Bitcoin Tap & Pay application a reality. In a bid to make paying with bitcoins simpler, the Near Field Communications (NFC) firm has connected with the blockchain technology with pre-existing debit infrastructure permitting customers to pay for items as they would with Apple Pay. The only difference being that users use Bitcoin and Ethereum to make payments through Ethereum smart contracts. Plutus’s aim is to....


Related News

Bitcoin NFC Payment App Plutus Raises $1 Million in Funding

The Bitcoin Tap & Pay application Plutus has just announced that it has finished its crowdfund, raising $1 million USD in just nine days. With these funds, the startup plans to complete its Bitcoin NFC payment app. Expectations Exceeded, NFC App Coming Soon. The contactless (NFC) payment firm Plutus wants to make it’s easier to spend bitcoin. The....

Plutus Team Reveals Vital Pluton Crowdsale Details

A lot of people have been keeping an eye on the Plutus project, which will enable cryptocurrency payments near any NFC terminal. The team behind Plutus has started their Pluton crowdsale and posted some details as to how the process will work. There has been a lot of focus on the Plutus concept as of late, as well as its underlying PlutusDEX exchange,....

Plutus Tap & Pay Raises $1 Million in Crowdfunding

Plutus, the London-based cryptocurrency payment platform has raised over 1 million within 9 days of launching the crowdfunding campaign. Plutus, the Tap & Pay contactless cryptocurrency payment solution provider has successfully raised over $1 million in less than 10 days. The London-based startup working in the fintech sector attracted over a thousand investors within 9 days of launching its crowdfunding campaign. During the same period, the company has also got more than 4500 members signing up as early adopters. Plutus Tap & Pay is a much-awaited product that is expected to enable....

‘Facebook-Killer’ Synereo Raises $2M in First Six Hours of Crowdsale

Synereo, a new social platform with ambitions to “decentralize the web,” has launched its second crowdsale, raising almost $2 million USD in the first six hours. $2 Million Raised and Counting. The Tel-Aviv-based startup aims to be more than just a decentralized version of Facebook. Synereo said its platform allows anyone to develop, run and build their....

Plutus' Mobile App Enables Wide Bitcoin Acceptance

London-based startup Plutus is developing a mobile app that will allow bitcoin payments at contactless payment terminals all over the world. The technology is powered by the Ethereum platform and is destined to work at all NFC-enabled payment terminals in the world, even if the merchant hasn’t enabled Bitcoin as a mode of payment. Plutus has announced a new application which will enable Bitcoin adopters to — in essence — pay with the cryptocurrency at NFC-enabled merchants all over the world. According to Plutus, the entire process works by the application converting bitcoin to fiat....