Thursday, 12 November 2015

Leaders In The Bitcoin and Blockchain Services Industry Launch Crowdfunding Campaign [PRESS RELEASE]


Press Release - 10th November 2015 

Leaders In The Bitcoin and Blockchain Services Industry
Launch Crowdfunding Campaign 

CoinCorner, the British bitcoin and blockchain services company, announced today that it is looking to raise funds via an equity crowdfunding campaign on Seedrs

The company is looking to raise £300,000 to accelerate the growth of their consumer-focused bitcoin exchange across Europe and further develop their blockchain App Store. 

The campaign is now live (Thursday 12th November) for 60 days. 

Initial Investment 

Founded in June 2014, CoinCorner has quickly grown to become one of the European leaders in the bitcoin and blockchain space, with over 21,000 registered users.

The company was self-funded by the co-founders for the first 9 months, before receiving an investment sum of £150,000 from angel investor, Alex Holt, co-founder of Costa Bingo and bgo. This initial round of investment enabled CoinCorner to develop their product range, expand the team and grow to become the UK’s largest consumer-focused bitcoin exchange. 

Achievements 

Over the last 16 months, CoinCorner has been at the forefront of innovation in the bitcoin industry.

It was one of the first bitcoin exchanges to accept credit and debit cards, as well as becoming the first crypto-currency exchange in the world to fall under the Proceeds of Crime Act 2008, following legislation for digital currency businesses introduced by the Isle of Man Government in April 2015. 

With more than 21,000 registered users to date, CoinCorner has firmly established its position within the bitcoin space. 

Expansion Plan 

A successful Seedrs campaign will allow CoinCorner to continue with the expansion of their consumer-focused bitcoin exchange into Europe, rolling out the website in more languages and increasing the number of support team staff in order to cater for their growing number of European customers.

Danny Scott, CTO, says this next round of funding will also help further develop their blockchain App Store. 

“Over the last 16 months, we have been developing our blockchain technology for internal purposes, but now, we are looking to make this publicly available to developers and entrepreneurs.” - Danny Scott, CTO. 

Welcoming investment of all sizes, interested parties can find out more information by viewing the campaign on Seedrs.




About CoinCorner

CoinCorner Ltd is an Isle of Man based bitcoin exchange and wallet provider, whose aim is to increase the global adoption of crypto-currency by providing easy to use technological solutions. The company is currently speaking with investors to help continue their expansion.


Contact 
Daniel Scott, CoinCorner Co-Founder

4 comments:

  1. This comment has been removed by a blog administrator.

    ReplyDelete
  2. Excellent .. Amazing .. I’ll bookmark your blog and take the feeds also…I’m happy to find so many useful info here in the post, we need work out more techniques in this regard, thanks for sharing.

    ReplyDelete
  3. Bitcoin is a type of unregulated virtual forex that changed into first created via Satoshi Nakamoto in 2008. additionally referred to as a “cryptocurrency,” it turned into released in order to bypass authorities currency controls and simplify on-line transactions by way of casting off third-birthday celebration charge processing intermediaries. Of course, accomplishing this required more than just the money itself. There had to be a at ease way to make transactions with the cryptocurrency. coin-banks review

    ReplyDelete