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FundedByMe launches bitcoin payment pilot


European crowdfunding platform FundedByMe has launched a bitcoin pilot programme designed to assess client interest in paying using the digital currency. This test will take 45 days.

“We see that among our investors, a great many of them are early-adopters. We also know that bitcoin users are familiar with new inventions at an early stage. That’s why we thought that we may offer both groups something interesting,” says Daniel Daboczy, CEO and cofounder of FundedByMe.

The bitcoin pilot project has started with the launch of an equity-crowdfunding campaign for Safello, a bitcoin trading platform. Safello will also transfer bitcoin payments during the pilot project.

Frank Schuil, CEO and cofounder of Saffelo, says: "We have already done it in previous rounds of raising funds. On the other hand we know that many of our customers would be interested to invest if they can do so with Bitcoins. As a Bitcoin company we of course need to support this. For customers who are already verified with Safello this will also be the easiest way to invest."

“I don’t worry about the success of this campaign – it’s very attractive and there will probably be many investors wanting to allocate their money. Especially since it’s anchored by a lead investor, the Digital Currency Group, which incubates and seeds bitcoin and blockchain technology-related companies, and CEO Barry Silbert has been the most active seed investor in the digital currency industry with over 50 investments in 15 different countries. But I’m curious about how it works out with Bitcoin investors,” says Daboczy. “FundedByMe is probably the most flexible crowdfunding platform at least in Europe. Which means we support our investors whoever they are, wherever they are and whatever form they want to transfer their money.”

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