Crypto payment platform COINQVEST granted $500K as winner of Stellar Seed Fund

2021-5-13 00:28

CryptoNinjas » Crypto payment platform COINQVEST granted $500K as winner of Stellar Seed Fund

COINQVEST, a suite of crypto payment APIs and web-based invoicing and payment management tools, today announced its selection as the top business in the Stellar Seed Fund, where it was awarded first place by a panel of Stellar Development Foundation members and peers in the Stellar ecosystem.

The final round consisted of eight participants, each being awarded an equity-free grant amount proportionate to the number of votes received. COINQVEST received 835,214 XLM (more than $500K USD at the time of winning). In all, 58 businesses and blockchain projects entered the nine-month-long competition starting back in August 2020. Stellar Seed Fund

The Seed Fund seeks to support early-stage Stellar development of long-term utilities for the ecosystem and viable, for-profit, businesses building products and services. The goal of the Seed Fund is to help businesses and utilities get started on Stellar.

Aside from the monetary grant for a fledgling startup such as COINQVEST; the Seed Fund offers innumerable benefits to participants. Importantly, for COINQVEST, winning the smaller Stellar Community Fund almost a year ago allowed them to obtain an EU crypto payment processing license.

COINQVEST Co-Founder, Stefan Schneider, said, “The increased attention we’ve gained also means being able to showcase our strengths and real-world functionality as a digital currency / stable coin payment provider. We truly appreciate having the opportunity to be a part of the Seed Fund. I can’t recommend participation enough to those building on Stellar and wanting to take their projects to the next level.”

CryptoNinjas » Crypto payment platform COINQVEST granted $500K as winner of Stellar Seed Fund

origin »

Stellar (XLM) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.1016
Капитализация $0 Rank 99999
Цена в час новости $ 0.6165 (-100%)

stellar payment crypto fund seed coinqvest winner

Источник: cryptoninjas.net

stellar payment → Результатов: 90


Stellar To Launch New Europe-Africa Payment Corridor With This Partner

The Stellar ecosystem continues to expand. Today they have announced a partnership with global payments company Flutterwave to launch two new payment corridors between Europe and Africa. Related Reading | How Stellar’s $40M Investment In Tala Will Give Millions Access To Financial Services To be supported by the Stellar network with their main EU anchor TEMPO, a payment institution that offers its services for the corporate sector, the corridors will process transactions with USDC.

2021-10-26 21:00


Litecoin Will Fly If It Makes The Most Of Social Media

The pursuit for cryptocurrency adoption seems to focus on three major cryptocurrencies, Bitcoin, Bitcoin Cash and Litecoin. Indeed, this isn’t to disregard the likes of XRP and Stellar, both of which also provide a solid use in mainstream society, however in terms of worldwide societal adoption, Bitcoin, Bitcoin Cash and Litecoin tend to be the go-to currencies.

2018-10-10 16:30


Фото:

Ripple Co-Founder McCaleb’s ‘Dramatic’ XRP Sell-Offs Hot Air, Say Investors

Ripple community members were reacting September 25 after the Wall Street Journal claimed co-founder Jed McCaleb had “dramatically” stepped up a sell-off of his XRP token holdings. WSJ: Sales ‘Highlight Crypto Startup Complications’ According to the publication, McCaleb, who since leaving Ripple to start payment network Stellar has been under an agreement to only sell a certain number of tokens daily, has engaged in increased selling for “several weeks.

2018-9-25 19:00


Фото:

LG Joins Ripple (XRP), Stellar (XLM) In Cross-border Remitting

LG Uplus, the mobile wing of LG, is joining the likes of Ripple (XRP), Stellar (XLM), and Swift, among others in providing the state of the art cross-border payment solution. The firm announced it joined with global partners in Japan, Taiwan and the United States to give subscribers the opportunity to use a blockchain-based overseas […] The post LG Joins Ripple (XRP), Stellar (XLM) In Cross-border Remitting appeared first on Ethereum World News.

2018-9-17 13:08


Фото:

Stellar Skyrockets And Fat Cats Profit As Huobi Exchange Listing Goes Live, XLM Up 10%

After a number of days of positive climbs and a positive new partnership announcement for Stellar, things seem to just keep getting better for the native token to the project, XLM. Yesterday, we covered a story on the new partnership between Stellar and TransferTo, a firm which provides international payment services in a project that will see XLM accessible to customers in 70 countries.

2018-7-26 13:00


дальше еще 41 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Stellar price is crashing: how low can XLM fall?

Stellar price suffered a harsh reversal as recent momentum faded, and a sea of red clouded the crypto industry. Stellar Lumens (XLM) crashed to a low of $0.3570, its lowest level since Nov. 23, and about 45% below its highest…

Stellar Lumens is soaring: 3 reasons XLM could reverse soon

Stellar Lumens continued its strong comeback, rising for three consecutive weeks and reaching its highest level since 2021. Stellar (XLM) price jumped to $0.3052, driven by the ongoing cryptocurrency bull run and the fear of missing out. Its surge has…