Satoshipay is Taking Bitcoin Nanopayments to the Mainstream
Bitcoin startup Satoshipay has been enabling content publishers to facilitate tiny bitcoin payments with no fees for almost a year now. The company has just raised €1 million to take their ‘nanopayments’ to the mainstream. Big Money for Tiny Payments. Headquartered in London with an office in Berlin, Satoshipay started developing its nanopayment product....
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Bitcoin seems to hold a lot of merit in the world micro- and nano-transactions. SatoshiPay is one of the companies exploring this space, and they have released their new API earlier today. Additionally, the company also announced they reached the milestone of 10,000 user-generated wallets. Content creators are always looking for new ways to monetize their efforts, yet it is proving increasingly difficult to do so. The traditional business model of hosting advertisements or using Google Adsense is becoming less profitable due to ad blockers. Erecting a paywall and forcing visitors to pay....
Berlin-based tech company SatoshiPay has released a beta version of their micropayments system which allows users to pay very small amounts of Bitcoin for content that they deem as tip-worthy. The payments are administered using blockchain technology and can be for amounts as small at 0.01 Euro or less. While the concept of nanopayments isn’t entirely brand-new in the realm of Bitcoin or other currencies, the process has been streamlined and made much easier by SatoshiPay. Some of their potential competitors have chimed in on their progress as well offering praise for giving consumers new....
SatoshiPay, an online payments company headquartered in London, announced the launch of a platform for Web publishers, offering a new way to monetize content through frictionless micropayments. SatoshiPay’s payment technology gives users the ability to transact amounts as small as one cent or less – which the company refers to as “nanopayments” – by leveraging blockchain technology. “Nanopayments can be fractions of a cent. They are instantly settled and can be executed at high frequency. Imagine a couple of payments per second by a single user,” said SatoshiPay co-founder and CEO Meinhard....
SatoshiPay has just announced the closing of its seed round, which values the company at €1.6 million. Here's what you need to know. On January 25, 2015, Coinsilium announced an increased shareholding in bitcoin nanopayment processor SatoshiPay. The investment marks the closing of a seed round that brought in €360,000 worth of capital for SatoshiPay – capital that will fund the development of the platform’s public beta (reportedly, just around the corner). In light of the latest development, let’s have a look at the capital raise and what it means for SatoshiPay. First, let’s talk about....
SatoshiPay is looking to complete and release its public beta very soon, and following that, launch its first live version of the technology. The fund’s raised from this seed round will likely fund these steps forward. On January 25, 2015, Coinsilium announced an increased shareholding in bitcoin nanopayment processor SatoshiPay. The investment marks the closing of a seed round that brought in €360,000 worth of capital for SatoshiPay – capital that will fund the development of the platform’s public beta (reportedly, just around the corner). In light of the latest development, let’s have a....