Forging a New Path for Cryptocurrencies
In a world where digital currency is gradually shedding its skepticism, GoCrypto is stepping forward with ambitious plans to universalize cryptocurrency payments. Picture this: a café in Budapest, a busy Burger King in Slovenia, and soon, who knows? Your local grocery store may also accept Bitcoin. Sounds pretty cool, right? GoCrypto, initially developed as an upgrade of Eligma’s Elipay, is on a mission to broaden its reach into more international markets.
Funding Fueling the Fire
Backed by a recent financial infusion of €4 million (approximately $4.4 million), courtesy of Bitcoin.com and the Pangea Blockchain Fund, GoCrypto is ready to make waves. Imagine what you could do with that much dough! Eligma is channeling these funds into turning GoCrypto into a recognizable global brand that connects all players in the cryptocurrency landscape—from wallet holders to merchants.
The Road So Far: A Network Expanding
The growth trajectory has been impressive, with GoCrypto currently operational in nine countries. Starting from its home base in Slovenia and neighboring Croatia, this service has now conquered various European nations, including Bulgaria, the Czech Republic, and even the United Kingdom. You’ve got to love a good underdog story!
Notable Partnerships
Recent additions to GoCrypto’s merchant family include Brewdog, a craft beer giant in Budapest, and none other than Burger King in Slovenia. Yep, that’s right! This particular Burger King location is now the first physical outlet of its kind worldwide to embrace cryptocurrency. Next time you’re craving a Whopper, you can pay with Bitcoin. Careful though; don’t let that burger turn into a ‘hash’!
The Surge in Merchant Interest
With over 730 locations now equipped to accept cryptocurrencies, GoCrypto is compelling a wave of new merchants to jump on board. This is an exhilarating evolution, considering there were only about 240 locations accepting crypto back in January 2019. It’s like watching a snowball rolling down a hill—only this one’s made of coins!
A South American Soiree Ahead
So what’s next on the expansion docket? Eligma has plans for South America, targeting rapid growth in markets like Colombia and Venezuela. GoCrypto will leverage Xpay, an e-commerce payment processing platform, to enable consumers to enjoy the benefits of digital currencies in their online shopping escapades. This isn’t just a trend; it’s a burgeoning ecosystem waiting to blossom!
Conclusion: The Future of Payment?
As GoCrypto presses forward with its globe-trotting vision, the road ahead is filled with promise. Will cryptocurrencies finally realize their potential as mainstream payment methods? Only time and your next burger order will tell!
