Everybody has heard about ZiftrCOIN by now. If you forgot about Ziftr, let us refresh your memory. ZiftrCOIN is the first digital currency developed for online shoppers. This revolutionizes e-commerce by putting cryptocurrency into the hands of consumers and enabling them to conduct simple, secure transactions at their favorite online retailers. ZiftrCOIN today announced that it is accepting US dollars in the form of personal checks for its tokens for the remainder of the ZiftrCOIN presale, which runs until Jan. 23, or till the coins run out. The amount of purchased ZiftrCOINs is approaching three-quarters of a million dollars US. Now Ziftr is accepting personal checks of $250 minimum that can now be processed for the fast-moving sale, that will be ending on Jan. 23.
“We think this move makes perfect sense since ziftrCOINs are meant to onboard the next 10 million cryptocurrency users, many of whom have never actually used cryptocurrency until now. By giving people the opportunity to buy ziftrCOINs with US dollars instead of Bitcoins if they so choose, we’re simplifying the purchase process for millions of people who are currently unfamiliar with cryptocurrency but interested in starting to use it as a method of payment,” said Bob Wilkins, CEO of ZiftrCOIN.
ZiftrCOINs will still be available in exchange for Bitcoins, but presale participants will have the option of sending a check for orders of $250 or more. At the time of the press release nearly $675,000 of ZiftrCOINs have been purchased using this method.
The money raised during the ZiftrCOIN presale will help Ziftr, the company behind ZiftrCOIN, to fund its goals. One of the main goals is bringing cryptocurrency into the mainstream for both consumers and retailers. To accomplish this Ziftr has developed a set of tools and applications designed to integrate with Bitcoin, ZiftrCOIN, Litecoin, Dogecoin and other popular altcoins.
These include ZiftrPAY, a secure API that enables retailers to accept cryptocurrency as well as credit card payments. Now what is ZiftrPAY? ZiftrPAY is an app that links credit card processors and cryptocurrency exchanges together. This app can be used by hand led electronic devices or can be installed on a desktop.This will be a valuable tool for retailers to facilitate the processing of consumer transactions. By combining both credit card and digital currencies to be used for payment, ZiftrPAY enables retailers to accept both payment options without having to view or store the customer’s credit card information.
Another thing Ziftr is developing is the ZiftrWALLET. In short ZiftrWALLET is a multicoin digital wallet. ZiftrWALLET Mobile will be the first multicoin digital wallet to combine the security and control of a desktop wallet with the speed and convenience of a cloud wallet. It will also store multiple digital currencies and traditional fiat currency in one secure location. In the Beta mode ZiftrWALLET Mobile works with Bitcoin, Litecoin and Dogecoin, while other popular altcoins like Primecoin, Peercoin, StartCOIN and ZiftrCOIN to be added soon.
Zifter is also working hard on what they affectionately call the ZiftrSHOP. This will be a worldwide online marketplace where consumers will be able to conduct transactions using credit cards or pay for their products with digital currency.
During the ziftrCOIN presale participants can buy ziftrCOINs at a low rate and earn rewards ranging from a limited-edition cold storage coin to 5 percent bonus ziftrCOINs. All purchased ziftrCOINs will become available for use in February 2015. Somewhere in late 2015, Ziftr will give away 300 million ziftrCOINs (a maximum of 100 ziftrCOINs to each individual). Zifter will do this so that consumers who aren’t familiar with cryptocurrency can become comfortable with it as a method of payment. Each ziftrCOIN will have a minimum redemption value of $1 when used within Ziftr’s retailer network, functioning similarly to a coupon.
All statements in this release, other than statements of historical facts that address future ZiftrCOIN availability, or developments that the ZiftrCOIN expects are forward looking statements. Although the Corporation believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements. Factors that could cause results to differ materially from those in the forward looking statements include, but are not limited to: market volatility; continued availability of capital, financing and personnel; government regulation and laws; and general economic, market or business conditions.