- Relai, a European bitcoin financial savings utility, is planning to launch a bitcoin debit card.
- The firm began crowdfunding by means of Crowdcube and reached over $1.5 million inside the first two hours.
- Currently Relai has raised over $2 million and nonetheless has 30 days left for the funding spherical and is providing investor incentives.
Relai, a bitcoin-focused financial savings funding app, has introduced plans for a bitcoin debit card that can enable customers to earn BTC with purchases.
Relai is presently utilizing the crowdfunding platform Crowdcube the place it has already hit its goal of $1.5 million, solely two hours after going dwell. Since then, over $2 million has been raised with one other three weeks left earlier than the funding spherical ends.
“It’s been amazing to welcome hundreds of investors to the table, and given the early success of the raise we’ve been able to advance our product roadmap plans already,” mentioned Julian Liniger, CEO and founding father of Relai.
Liniger continued to say “We’re excited to progress our bitcoin debit card, which would give holders the opportunity to grow their bitcoin holding with every purchase they make.”
Relai is hopeful that the debit card shall be launched later this 12 months and early traders taking part within the Crowdcube can make investments as little as €10 ($10.41). Should traders need a bigger allocation to Relai, not solely will the traders obtain frequent shares of the corporate, however they may also obtain 0% transaction charges.
Investing roughly $5,000-$9,999 will earn 0% transaction charges on Relai for 3 months, $10,000-$19,999 will get six months of 0% transaction charges, and $20,000+ will profit from 0% transaction charges for 12 months.
“Bitcoin is rapidly transitioning to the mainstream, and through innovation like this we’ll continue to play a key role during what is a pivotal time for the original cryptocurrency,” mentioned Liniger.
