TokenPay Ecosystem Report — June 2018
Asia Business Tour — The First Stop, iRemit in the Philippines:
Our CEO Derek Capo began his tour in the Philippines meeting with executives at iRemit, the largest non-bank Filipino-owned remittance company in the region. We are interested in potentially partnering with iRemit to enable crypto-based remittance services to foreign workers around the world. For those who might not know, a remittance company is a middle man that handles the transfer of money by a foreign worker to an individual in their home country. Remittance companies are one of the largest financial inflows to developing countries. As there was interest from both sides, we signed a NDA with iRemit to further discussions.
Asia Business Tour — Next Stop, Tambunting Pawnshop, The Bank of the Unbanked:
The next stop on Derek’s Asia business tour was Tambunting Pawnshop. To understand the significance of this stop requires a little background history about this fine establishment. Tambunting Pawnshop is one of the oldest established businesses in Manila having lasted a staggering 108 years with more than 1000 branches nationwide, and is still expanding even today. Derek met with the CEO of Tambunting during this visit to begin the conversation of integrating TokenPay into all of their existing and future store fronts.
Asia Business Tour — Meeting Our Korean Stakeholders:
Upon reviewing our Global Distribution Data, it became apparent to us that our key stakeholders and supporters in the Asian market are our top priority. After concluding his meetings in the Philippines, Derek’s next stop was to visit our key stakeholder segment in Korea. In Korea, Derek met with Bitgosu, Korea’s largest and most respected crypto blogging and social media entity. The Bitgosu team was very impressed with our project and our team’s ability to execute and deliver milestones and developments in a timely fashion. We continued our strategic discussions to coordinate major announcements so to increase our exposure in the Korean cryptosphere and marketplace.
Exciting events during the month of June.
TokenPay attends the Verge Currency Amsterdam meetup:
During the Verge Currency Amsterdam Meetup, Derek Capo presented on stage to hundreds of Verge Currency and TokenPay supporters. Overall, Derek helped the in-person attendees as well as the thousands of live-stream viewers get a high-level understanding of what is coming in the near future for TokenPay.
CLICK HERE for the PowerPoint of the presentation.
To see a full playback of Derek’s presentation, check out the event video below on the TokenPay YouTube Channel:
TokenGaming attend Juegos Miami and TokenGaming Casino Software/Website Launch:
Juegos Miami is a rapidly growing convention that tailors to all sectors and channels of gaming that are rapidly expanding in the industries of Latin America and the Caribbean. TokenGaming representatives attended Juegos to connect and research future software integrations coming to the LATAM space. Importantly, TokenGaming has launched a new website that also refines the LATAM aggregator platform company where we have majority share. TokenGaming is creating an innovative online casino building software along with a consumer facing Tokenpay betting product that will be backed by a Curacao online gambling license. We will also have a consumer facing casino, sports and poker website at CryptoBet.com.
TokenSuisse introduces the industry first Privacy Coin Certificate:
Our partner company TokenSuisse is set to unveil the first ever Privacy Coins Certificate. This unique offering is a balanced crypto asset tracker which reflects general privacy crypto asset trends and provides diversified exposure to crypto assets as an emerging asset class. Furthermore, this certificate is an investment vehicle that tracks crypto assets that place an emphasis on privacy, anonymity or zero-knowledge proofing in their algorithms. The Certificate offers qualified investors cost-effective, convenient and transparent access to the rising crypto assets with a particular focus on the subset of privacy & anonymity. This will be featured on our newly acquired PrivacyCoins.com domain. More details on the partnership with TokenSuisse are forthcoming.
TokenGaming featured in Betting Mgz:
A full two page spread about TokenGaming was recently released in a special Peru Gaming Show edition of Betting Mgz. This magazine is a leading LATAM casino industry journal that is held in very high regard in the space.
To see the full spread — Check out this link:
Additional information about Betting Mgz can be found here: http://bettingmgz.com/
TokenGaming attends Peru Gaming Show 2018:
In our efforts to gain a solidified stance in the gambling industry, TokenGaming sent a representative to attend the Peru Gaming Show which is one of the largest gaming/gambling conventions in Latin America. Peru Gaming Show had over 500 exhibitors and sold out its available space allocation for attendees. While on the show floor, our TokenGaming representative made valuable connections with many of the attending industry leaders in the space and gained a plethora of connections and leads to further ensure our position in the gaming/gambling space.
Bao Le sells both of his cars — For TokenPay:
To demonstrate a clear demand for TokenPay, Bao Le posted his 2012 Honda CRV and a 2008 Honda Accord up for sale. Within 48 hours and for 1575 TokenPay, Bao sold his CRV and shortly there-after sold his Accord for 775 Tokenpay. Two of our community members participated in these transactions and within seconds parted ways with new vehicles. We think in a few years’ time this event will go down in the history books as TokenPay’s response to the infamous Bitcoin pizza day. Joke’s aside, it is fantastic to see that more and more community members are finding innovative ways to buy and sell goods for TokenPay.
The first house to ever be listed for sale; For TokenPay
One of our community members decided it was time for a change and wanted to sell his beautiful and historic home in the scenic Bournemouth, UK.
The home was listed for a grand total of £850,000 to be paid in TokenPay tokens at closing. This is a real life use case of how quickly and efficiently future real estate deals can be done with crypto. In the future, we will be offering full service escrow services through TokenEscrow.com. This will be a service offering in direct competition with escrow.com and enable users to conduct real estate escrow-based transactions that are specifically tailored to cryptocurrency.
TokenPay Purchases 810,000 TPAY:
On June 11th, we announce that we had bought back 810,000 TokenPay tokens on various crypto exchanges at a substantially higher valuation then what we originally sold tokens for during the ICO period. We felt that with the recent down trend of the market that it would be a prime opportunity to repurchase a large sum of tokens from what was distributed during the ICO as we firmly believe that today’s market value of TokenPay is extremely undervalued in comparison to what we believe may be achievable in the near future.
TokenPay meets with Florida International University:
CEO Derek Capo and CFO Joseph Pacetti, Both FIU alumni, meet with Business Dean Joanne Li about blockchain initiatives in the school and the potential to accept TokenPay for fast and secure tuition payments as well as on campus payments using our proprietary Multi-Signature Transaction Engine.
TPAY Wallet Tech Update
If you have not downloaded our new 2018 updated wallets for Windows and Mac OS X, please do so at the following links:
Windows Wallet: https://tokenpay.app.box.com/v/TokenPayWindowsWallet2018
Mac OS X Wallet: https://tokenpay.app.box.com/v/TokenPayMACWallet2018
Paper Wallet: https://tokenpay.app.box.com/v/TokenPayPaperWallet
Android Wallet update along with our new iOS TPAY Wallet will be released shortly.
New exchanges join the TokenPay family.
Chainex.io is an up and coming exchange that is based out of South Africa. We’re very excited to see how this exchange flourishes in the near future and are happy to be a part of their initial stages of development.
CurrenExchange allows you to trade almost any available cryptocurrency with with a low trading fee of 0.4% They enable their users to buy crypto with fiat currencies via credit cards or bank transfers. Their exchange platform will soon be live and will feature TPAY/ETH and TPAY/BTC trading pairs.
Coin2001, the largest cryptocurrency options broker in Latin America, now offers TokenPay (TPAY) through their platform. Coin2001 offers residents of Brazil and Colombia a quick and easy way to buy digital coins with Brazilian Real, Colombian Pesos, and Bitcoin.
Cryptopia lists TokenPay:
New Zealand’s Cryptopia Exchange announced the addition of TokenPay to the platform on June 18th with TPAY/BTC, TPAY/LTC, and TPAY/DOGE trading pairs. Cryptopia is unique when compared to traditional exchanges in that all trades are conducted directly with the other users on the platform. Additionally, Cryptopia’s platform also has a marketplace that allows users to buy, sell, or trade nearly anything using cryptocurrency. This unique combination is a huge step in the right direction for TokenPay.
Multi-Platform mobile trading from Coinance — adds TokenPay support:
Coinance announced on June 10th that they would be integrating 1000+ crypto currencies into their portfolio tracking application. This application will enable users to link into several of the top exchanges and manage their portfolios in a single application. We are very excited to be a part of this game changing application.
Additional vendors begin accepting TokenPay for their products and services.
PharmaXtracts announces it will be accepting TokenPay as Payment:
PharmaXtracts.com is a thriving CBD oil vendor that is based out of Las Vegas, Nevada. The CBD oil industry will grow rapidly over the next few years as state wide regulations shift. We are happy to position ourselves with this growing industry right out of the gate, and look forward to working with additional CBD oil and Medical Marijuana vendors in the future.
Be sure to check out their twitter:
Tackle Box Fishing Co. in Hazlet New Jersey accepts TokenPay at their physical store:
Are you in the New Jersey area? Do you love to fish? Be sure to check out Tackle Box Fishing Co. in Hazlet, New Jersey. Tackle box has been in the fishing business since 1945, teaching folks how to fish and providing assistance to united states military veterans. We are thrilled and honored to have been adopted as a form of payment by such a historic business in New Jersey.
Be sure to check out Tackle Box on Twitter!
Crypto Whale Clothing integrates TokenPay to their selection of payment options:
The well-established Crypto-Currency clothing vendor Crypto Whale Clothing announced they would start accepting TokenPay payments on their merchant platform. Crypto Whale Clothing is known for its high-quality clothing with designs inspired by the projects that they accept as payment on their platform. We are looking forward to seeing what exciting designs they come up with for some sweet TokenPay merchandise in the future.
Giacobbe & Co. accepts TokenPay as a method of Payment:
To continue our vendor integrations for the month of June, the Jewelry company, Giacobbe & Co., announced that they would begin accepting TokenPay as a method of payment alongside many other coins that have been integrated into their system. Giacobbe & Co. is dedicated to delivering the highest quality with each piece of jewelry produced and is a fantastic addition to the TokenPay family.
Bookcoinshop.com adds TokenPay as a method of Payment:
We are excited to announce that we have been integrated into Bookcoinshop.com. This company enables the ability to purchasing gift cards for major retailers around the world. Bookcoinshop.com also offers an exclusive browser plugin that will allow you to make direct purchases off of websites like Amazon.com by utilizing CoinPayments.net the handle the transaction from Cryptocurrency to Fiat.
Bamb-U agrees to accept TokenPay as a method of payment:
Bamb-U is one of Australia’s leading bamboo sunglasses & bamboo watch vendors in the country. They pride themselves in having products of the highest quality craftsmanship and style. Their materials are derived from FSC certified, sustainably farmed South East Asian bamboo. For a limited time, they are offering a 50% discount for everyone who purchases a product from their website with TokenPay.
“Our aim is to ethically make, premium quality, sustainable products that will turn heads, while giving something back at the same time. That’s why, with every bamboo watch or bamboo sunglasses sold, we plant 7 trees in countries affected by deforestation. We use only bamboo in our products because it regenerates every 4 years, compared with the decades it takes to regrow the hard woods used in wooden watches or wooden sunglasses. Find out more about our tree planting program here”
Whopper.io announces TokenPay integration into their platform:
Whopper.io specializes in providing cold storage solutions for various cryptocurrency projects. Recently Whoppper.io announced that they would start accepting TokenPay as a method of payment for their products.
Whopper Wallet Cards are a secure way to store your coins for extended safe keeping, trading, or showing off to your friends, family, and co-workers. Whopper Wallet Cards are waterproof and more durable than paper wallets, and are printed on high quality PVC cards with an industry leading IDP 70 smart security printer.
Each card receives a randomly generated public and private address and is stored securely within the printer under triple lock and key and is securely destroyed after the roll is depleted. Whopper Crypto never stores any of your information and you are the sole owner of the public and private key. A security scratch off sticker conceals the private key QR code for easy unloading of your coins.
July will be the biggest month yet for TokenPay
Going forward, our major announcements will be handled professionally and disseminated by the financial media for maximum reach and exposure. Of course, this will always be timed with a release of the news on Twitter, so make sure to follow us @tokenpay and on Telegram @TokenPayTelegram. The new TokenPay.com website will be launched in early July in conjunction with this new marketing initiative. It will be a full court press starting in a couple weeks as we look to rapidly capture market share in both crypto fintech and also merchant services.