#CryptoCashback #Web3 #Blockchain #Cryptocurrency #DeFi #StartupFunding #Ecommerce #Fintech
Petah Tikva, Israel, June 20th, 2024 – In an exciting development for the cryptocurrency space, Bring web3 announces a significant leap forward in its venture with a successful $1.1 million SAFE round funding. This announcement underscores the company’s persistent innovation in the crypto cashback domain, aiming to revolutionize how users interact with cryptocurrency through retail transactions. As the first to introduce a white-label crypto cashback service, Bring is cornering a unique niche in the digital finance world by partnering with 450 retailers across various sectors, including fashion, electronics, and travel services. This expansion not only solidifies the company’s commitment to enhancing the blockchain ecosystem but also enriches the shopping experience by offering crypto rewards on purchases.
The platform’s seamless integration enables users to earn cryptocurrency as cashback simply by making regular purchases. By coupling e-commerce with the blockchain, Bring makes acquiring cryptocurrency more accessible to the average consumer. Retailers featured on the platform range from high-street brands to luxury goods, all offering a fraction of purchases back in crypto. This not only encourages widespread adoption of cryptocurrencies but also opens up a novel avenue for consumers to engage with digital currencies beyond traditional investment and trading methods. Bring’s approach significantly reduces the barrier to enter the cryptocurrency market, making it an attractive proposition for both seasoned investors and novices alike.
Strategic partnerships are central to Bring’s expansion strategy. Collaboration with leading blockchain player Starkware and integration into the Starknet ecosystem is a game-changer, promising to elevate the utility and accessibility of crypto cashbacks. Additionally, the involvement of Uri Segal and QualityScore, along with investment from 12A and Team-X, positions Bring at the forefront of blockchain innovation. These partnerships not only provide the necessary capital infusion but also bring a wealth of expertise and networks to support Bring’s ambitious growth plans.
Bring’s success story is a testament to the potential of blending traditional e-commerce with blockchain technology. As the company marches towards its mission under the leadership of CEO Meir (Iri) Zohar, its innovative approach to crypto rewards is setting a new standard in the digital economy. Regardless of the fluctuating state of the crypto market, initiatives like Bring’s white-label crypto cashback service ensure continuous engagement with cryptocurrencies, fostering a more inclusive and versatile digital financial ecosystem.
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