New Hampshire-based Ziftr has announced that it sold 4,141,444 Ziftrcoins in its crowdsale, raising a total of $878,695. The “presale” ran from December 9, 2014 through January 23, 2015.
The company says it will use the money raised to help fund its plans to “bring cryptocurrency into the mainstream” for consumers and merchants.
Ziftr has created a suite of tools and applications designed to integrate with Bitcoin, Ziftrcoin, Litecoin, Dogecoin and other altcoins. These tools and apps include the following:
Ziftrcoin – An “altcoin designed for shoppers”. At the end of 2015, Ziftr indicates that it will give away an additional 300 million Ziftrcoins so that everyday consumers can begin familiarizing themselves with cryptocurrency. In Ziftr’s merchant network, each Ziftrcoin will have a minimum redemption value of $1, functioning similarly to a coupon.
Ziftrpay – A “secure” API that enables merchants to accept cryptocurrency payments as well as credit card payments without having to view customers’ credit card information.
Ziftrwallet – A “secure” digital wallet that stores all of a user’s payment information – including credit cards, bitcoins, litecoins, dogecoins, Ziftrcoins and other altcoins – in one place.
Ziftrshop – A worldwide online marketplace where consumers will be able to conduct transactions using credit cards or cryptocurrency.
Bob Wilkins, CEO of Ziftr and Ziftrcoin, said the following:
I’m thrilled by the support we received during the Ziftrcoin Presale and would like to extend my deepest gratitude to everyone who contributed and made this such a success. Thanks to all of you, my team and I can spend the coming months moving forward with our mission of bringing cryptocurrency to the masses. We have many exciting announcements on the horizon, so be sure to stay tuned.
Ziftr reports that post-Presale include it will “onboard” existing Ziftrshop merchants into the Ziftrpay system, continue development of the tools and applications designed to integrate with cryptocurrency and develop key partnerships with point of sale vendors, cryptocurrency exchanges and other companies in the financial space.