Cryptocurrency has made its mark on the world over the last few years, with many people and companies adopting it as a mode of payment. Its most significant advantage is how simplified it is compared to other traditional payment methods. However, many improvements are still to be made in how users store their cryptocurrency tokens, and Stibits has stepped in to save some of the most prevalent issues.
Stibits is a startup focused on building cryptocurrency solutions to contribute to the technologically growing and advanced world. The company aims to fix issues like outdated user interface, complex addresses, and a lack of ecosystem in many of the existing cryptocurrency wallets. Stibits is on a mission to give users a product that does not require them to have existing knowledge or expertise of cryptocurrency. Many existing wallets require users to have some technical knowledge to send crypto to their friends and family, but Stibits has simplified the process to enable anybody to use a cryptocurrency wallet without learning crypto terms or parameters.
Stibits is located in New York, USA, with a growth trajectory geared toward becoming a unicorn in the startup industry. It was primarily funded by Brent Oxley, former CEO and Founder of Hostgator and Founder of Ox Ranch, and in its last funding round on April 2, 2022, it raised $1.8 million. Stibits aims to target individuals and businesses as it provides solutions that make things significantly easier for them. It is secure and fast and allows users to manage all their assets in one place.
Apart from simplification, Stibits is on-course toward changing how cryptocurrency can become a day-to-day medium of exchange. The world is shifting towards technology, and cryptocurrency adoption is rising with the many innovations that leverage it, such as NFTs. Thus, to spur people’s desire to use Stibits Wallet, the wallet allows users to send cryptocurrency to people rather than wallet addresses. Furthermore, it introduces the straightforwardness of some traditional payment platforms and implements it in blockchain technology. So, rather than send tokens to complex wallet addresses, one can send them to another person.
The wallet also offers seamless business integration, allowing businesses and companies to adopt cryptocurrency as a mode of payment.
Offering a complete ecosystem that individuals and businesses can benefit from is not very common with many cryptocurrency wallets. But Stibits offers WPOS support, the favorite feature of many businesses, which makes crypto payments significantly easier by integrating into popular POS. This and many more have given Stibits a strong start, and the goal is to break into the mainstream blockchain industry to deliver its novel solutions to millions of users.
In the next few years, the team behind Stibits hopes to attract more funding and develop more features to capture millions of users. In addition, they also hope to make the wallet the top choice for crypto buyers and sellers, businesses, global payments and NFT creators. “We have so much in stock, but simplicity is our biggest goal. We aim to offer everything that users need in the simplest ways possible. Our ecosystem is robust and all-encompassing, and we believe cryptocurrency enthusiasts and experts will find it remarkable,” a spokesperson for the startup said.
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