BlockPay announces next steps after the end of Pre-ICO

WOW, what a week! BlockPay Pre-ICO skyrocketed and successfully raised more than 850 Bitcoin (approximately 485k USD in time of writing) within the first 5 days. Supercharged Christoph Hering , CEO & Co-Founder of Bitshares Munich, the company behind BlockPay and Echo explains the next steps for his company in this exclusive interview.

“We are super excited about the big success of the BlockPay Pre-ICO and want to thank all our early supporters and BlockPay holders! We are now moving forward and launching BlockPay “S” in the Google Play store and BlockPay for Odoo beginning September 2016.” says Christoph.

BlockPay is the new point of sale platform, allowing any merchant to accept one or more digital currencies, at Zero Cost. BlockPay not only supports popular digital currencies like Bitcoin, Ethereum, Steem, Dash and BitShares’ Smartcoins – it also allows customers to pay with gift cards all documented with the BlockPay eReceipts feature. Available as a standalone app, or integrated with existing Point-of-Sale systems such as Odoo, SAP, vending machines, kiosks, BlockPay is spearheading new blockchain-based merchant solutions.

Official Launch of BlockPay “S”  in September 2016

“We are going to launch BlockPay “S” in the Google Play store, F-Droid, Yandex, and even host it on IPFS so that everybody around the world can downloaded the app and use it in more than 44 languages.” says Christoph, “BlockPay helps people to get paid fast, easy and efficient and should be available for everybody.”

The latest BlockPay version will include important features like employee tracking, automated settlement, screensavers, eReceipt, more robust exporting of transactions for reporting, and transactions in 3 seconds or less. Today BlockPay accepts over 20 digital currencies and is automatically converting them into price stable digital currencies like BitUSD, BitEUR or BitCNY protecting merchants from price volatility. BlockPay handles over 100,000 transactions per second and can process global payments in 3-15 seconds considering the inbound currency. Even Bitcoin transactions have been reduced to maximum of 15 seconds thanks to the new “Fast Transactions” feature.

With the launch of BlockPay “S” the company has also added more nodes to the network to guarantee 99% uptime and faster connections for all merchants.

The next steps

The Munich based startup is happy to announce their starting cooperation with the leading Munich Beer Gardens and started to install several new BlockPay “S” systems for the upcoming Oktoberfest. “We are very excited to start working with the Beer gardens together. They are looking for an easier way for their American, Canadian or Asian guests to pay with their mobile phones. BlockPay is the best platform since it supports QR and NFC codes natively and I personally think ordering your “Maß Bier” and paying in crypto is pretty cool. This year Oktoberfest will mark a great start for digital currencies’ mass adoption.”

Hering also sees a strong growth and support with their global BlockPay Ambassador sales team, counting over 60 Ambassadors in more than 30 countries already. If you are interested to join they are still looking for more BlockPay Ambassadors, you can apply here. (https://blockpay.ch/community/blockpay-ambassador/ )

End of BlockPay Pre-ICO and distribution of BlockPay Tokens

To move forward and to match the burning demand the BlockPay team decided to close phase 3 at the upcoming Sunday 04.09.2016 8pm UTC+1 and start distributing the tokens on Monday 05.09.2016. As the CEO Christoph explains: “We saw a lot of good feedback over the last couple of days and I decided to give back as soon as possible. We want to move forward and integrate BlockPay into more systems, especially at the OEM level and add more currencies like Monero to the platform and start working on an iOS version as soon as we can.”

The BlockPay tokens will be released on the Exchange OpenLedger on Monday 05.09.2016 and CCEDK will start releasing the first funds to the company shortly after. All unsold tokens from phase 3 will be burned.

“I want to thank Ronny Boesing and his Team at CCEDK.com for their great support and their awesome crowdfunding solutions for Startups. This was an amazing Pre-ICO and we are now going to build out even more products, prove our vision and grow our team so that we can lift off with a 2nd ICO by the end of 2017. We are all inviting you to join this exciting journey to streamline cryptocurrency mass adoption together” summarized Christoph Hering.

Press details:

BlockPay Pre-ICO ends:         04.09.2016 8 pm UTC+1 (German time)

BlockPay Tokens will be distributed    05.09.2016

All unsold BlockPay token from Phase 3 will be burned.

BlockPay Token will be listed to CMC, Coindesk etc. for price tracking