Christina / CoinPayments
Christina and Samir from CoinPayments discuss their airdrop
In this episode
The CoinPaymentsCoin Airdrop gives you 100 CPS Coin at 10 cents euro per CPScoin. The airdrop is 100 coins so it's $12 US total!
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- CoinPayments is a multi-currency payment processor founded in 2013 that supports over 400 tokens and enables merchants to accept cryptocurrencies for goods and services.
- CPS coin is a utility token offering merchants and users 50% discounts on conversion fees, processing fees, and hosting fees when used on the platform.
- An airdrop distributed 100 free CPS coins valued at approximately $12 USD to existing and new accounts, running from March 13 to August 1, 2018.
- CoinPayments developed plugins for major e-commerce platforms like Shopify, Magento, and WooCommerce to facilitate cryptocurrency transactions with instant confirmations.
- The company plans aggressive merchant acquisition to enable real-world brick-and-mortar cryptocurrency payments at point-of-sale terminals with real-time processing.
Transcript
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I'm Ashlyn Addison from a vincentio for investmentpitch media and FinTech news network today on blockchain interviews we have christina and samir from coin payments coin calm welcome to the show guys thank you we're excited too can you guys please explain what is coin payments and how is it changing business so I'll take this one coin treatments has been around since 2013 and is the
first and largest old coin payment processor in the world coin payments offers a multi currency online wallet solution for digital currencies supporting over 400 different tokens and allowing merchants to accept these crypto currencies for their goods and services we act as a support system for the entire cryptocurrency industry and that's we actually bring real world
utility to each of these tokens in each of these projects and allow users to easily hold and spend and transact in these currencies in one centralized solution that's great so can you explain a little bit about how long it's been around and how many currencies are compatible and what not for sure so coincidence was started out in 2013 it began as cryptocurrency started to kind
of take a hold in the digital commerce world and there was no Avenue to transact with anything outside of Bitcoin Bitcoin was the rage and Bitcoin was what every company was focused on at that time our founder and CEO Alex thought it necessary to transact with litecoin with cross borders company over in China there was no infrastructure built at this point to support these
types of international transactions so coin payments was born coin bateman supported all of the smaller cap coins such as Bitcoin – name coin peercoin some of the older coins in the industry and organically grew to where we are today as the innovative leaders in basically a coin agnostic system allowing all of these niche markets to interact together as
one large community that's very exciting it's great to hear that there's a lot of adoption between all the altcoins and I recently saw that you guys have also now implemented CPS coin into the platform as well Christina maybe if you guys could if you would you please explain a little bit about the CPS coin how it integrates into the platform and the benefits of it
sure Ashton I'd love to so CPS coin is really a utility token that was built for the coin payments framework and it's used to facilitate instant transaction within its system CPS coin is integral to the coin payment system as it enables merchants and users to benefit from discounted conversions between CPS coin and Bitcoin or light coin or really any
of the other 125 supported currencies on the platform the system was developed by coin payments to enhance and incentivize the users experience by providing services such as instant transactions transacting with CPS coin offers instant transactions confirmations through says coins innovative technologies e-tag discounted coin payments feeds 50% off merchant processing fees and 50% off
conversion fees when exchanging them between CPS coin and other supported currencies a reward programs that will allow ha blurrs to earn monthly war rewards by staking CPS coins coin hosting discounts as well which is a you huge one for us it's offering 50% on hosting and renewal fees when paying with CPS coin wow that's quite a bit of utility not so you said incentivization
and rewards and was there a coin payments airdrop of the tokens or is there a token sale for the tokens or how are the tokens distributed there was I believe it was March 13th of 2018 that the first batch of aired of coins was aired job to our users it the airdrop will actually be in effect until August 1st of 2018 coin payments is offering a hundred free
cps coins to all existing and newly registered accounts for a value of ten cents Europe or unit which is the equivalent of approximately twelve US dollars with this coin users had the opportunity to gain an additional 25 coin coin payments coins per referral through the coin payments affiliate link program which essentially allows anyone to use their marketing affiliate link to
let the world know about our program and get twenty five CPS coins as a reward for each referral which is awesome that's great hey if that's still going live then we'll leave a link down to that below in the description box sameer back to you could you tell us a little bit more about the roadmap upcoming for CPS coin and what we're gonna see in the next six months to a
year absolutely I should I'm gonna start with kind of the accomplishments we've made over the last twelve months as a company Campinas has grown kind of from an idea to somewhere where we're actually starting to see large-scale real world merchants use for crypto currency transactions now within that we've created plug-ins for Shopify Magento WooCommerce all of the major
e-commerce platforms in the world and I think the biggest thing we found is this incredible need for merchants to be able to manage the volatility of cryptocurrency and to be able to also interact with cryptocurrency transactions in a method that is as fast and efficient as visa and traditional credit card and debit processing so basically the roadmap moving forward
with CPS corn as Christina mentioned we've leveraged the power of Cisco and seed a technology which was developed to facilitate instant transactions in our marketplace and we plan on passing that on to the merchants to be able to really find a true use case for POS sales real brick-and-mortar sales and I think the biggest thing of coming in our roadmap
once the airdrop is complete is going to be an aggressive merchant acquisition program where we can go out and show the world hey cryptocurrency is actually going to work we can do this you can walk into a store pay with your cell phone and Bitcoin and walk out in real time rather than having to wait 45 minutes for a blockchain to confirm which obviously doesn't work in
today's busy life definitely instant confirmations are going to be key and another thing that I think is going to be you know growing exponentially in the years to come here that you mentioned is ecommerce and marketplaces and making it you know fast to pay for things and get them the same day so I think that's super important so are you guys expanding the team at
all or looking for more people for development or are you just looking for more people to join the community so Damon's as kind of like a tight little core family and over the last couple years we've grown faster than we ever imagined at this time I think the best way for someone to get involved with what we're doing is through our really incentivized
affiliate referral so as Christina already mentioned we're doing this airdrop until all of this first within that time frame anyone can create a coin payment account grab their affiliate link from their account settings and share that with all of their friends and family around the world and help to grow our community and what seemed immense rewards for minimal work that's great so
if people are looking to make an account and get into the airdrop what's the best way to learn more so if you go to WWE my comm you'll find pretty well outline set of instructions but I would definitely recommend joining artillery tight community together everyone really likes to help each other out and it's all about education I think at the end of
the day cryptocurrency is still at the very early stages in the direction all we were here to do is kind of push the momentum and help everybody learn how to transact with cryptocurrency and in the evolution of money we agree and I'm glad that you're here to educate us today so I would love to follow up with you guys in weeks or month and see you know how CPS
coin is developing through the marketplace the exchanges and the airdrop results if you guys are willing to do that but for today it was great having you guys here thank you for the interview and we'll look forward to speaking to you guys in the coming weeks Thank You Ashton wonderful thanks aster
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