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BitcoinPoint
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==Idea== <vimeo>513351194</vimeo> The head of the world’s largest asset manager (Blackrock) said Bitcoin can evolve into a global market asset. At BitcoinPoint we believe this is a monetary revolution & we are taking a holistic view by creating an ecosystem of agents, POS & ATMs to make it easier to acquire crypto & even use it for remittances. BitcoinPoint’s mission is to: * create the Western Union of crypto * connect to the global payment system: bank accounts & cards Key achievements: * 21,500+ transactions & 2,500+ accounts * Apr '21; Agreement signed to connect to 320k locations globally * Dec '20; allowed the selling of bitcoin & withdrawal of cash through one of the largest UK ATM network with 16k ATMs * Summer '20; launched an instant bank transfer feature (Open Banking technology) * Q1 '20, the platform was supporting a network of 25 agents reaching over £200k in monthly transactions prior to lockdown. Down to 7 agents & £58k on transactions in Feb '21 (YE Mar 21: Rev: £47.8k, EBITDA -£24k) * March '18, we released a Bitcoin Online Wallet with zero network fees when clients buy Business development: * Advanced talks with a Point Of Sale company to increase the UK network of agents * Aim to build a remittance service leveraging our crypto expertise (through Bitcoin & the Stellar blockchain with stablecoins) to allow cross-border instant transfer * In discussions with banking & retail partners in other countries
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