Bottlepay, a Payments Startup That Lets You Send Bitcoin on Social Media, Raises $15M
The payments platform is built with the Lightning Network scaling solution, which enables cheaper and faster bitcoin transactions.
The move opens up crypto payments at thousands of merchants across Japan that accept Rakuten Pay and Rakuten Point Card.
The experiment was to trial payments for the internet of things in a "fully decentralized way," said Umar Farooq.
Mazzanti's security tokens will provide a 50% revenue share in the sale of a special edition "hypercar," but so far interest has been limited.
Integrating a crypto on-ramp lets users pay fiat for crypto.
The project will explore the capabilities of a DLT-based central bank digital currency in regional payments.