Bittiraha (Prasos Oy shares)
https://alcurex.org/index.php/crypto/market?pair=BTRHA_BTCHere is some additional company info's for Bittiraha share buyers:
Our development process started in early 2012 with the company being officially founded in March 2012. Our main website Bittiraha.fi officially launched in May 2012.
Nowadays Bittiraha.fi is the leading Bitcoin service provider in the Finnish market. We're also operating the largest Bitcoin ATM network in the Nordics, called Bittimaatti. We run a Bitcoin webstore called BTC Store which focuses on security products.
In the coming weeks we're also launching the production of our own Physical Bitcoins, which are beautiful collectibles with real bitcoin value stored in physical coin format. We already have a wholesale partner for the physical bitcoins in Asia, and are expecting significant volume from the Asian markets.
Currently our company has 10 employees. From the original founding team 4 are still directly working for the company and some are in advisor positions. We're constantly improving and expanding in our journey to become not just a good company - we are on our way to becoming great.
The picture below is from the launch of our prime Bittimaatti location at Kamppi kauppakeskus (which is the most visited mall in Finland). Person in the picture is Henry Brade, CEO of Bittiraha.fi.
Our company
Bittiraha.fi is the Finnish market leader in Bitcoin services and has served over 20 000 Finnish customers. The services of Bittiraha.fi include a Bitcoin exchange, Billpay service and Wage payment service. The core idea of Bittiraha.fi is to provide Bitcoin services in a localized fashion.
In addition we are operating the largest Bitcoin ATM network in the Nordics, called Bittimaatti. Our services also include a webstore called BTC Store which focuses on Bitcoin security products.
Our exchange services have processed 20 million euros in volume to date
We currently process around 1 million euros of trading volume per month
20 000 unique customers, over 65 000 processed orders
In terms of commission revenue we have seen a significant yearly increase since the beginning. Our sales revenue for 2014 was 300 000 €.
The concept of Bittiraha.fi can be expanded to all European countries. Our Bitcoin ATM network can be expanded to other countries as well. BTC Store is already international but requires more resources for marketing to have the impact it deserves.
In the coming weeks we're launching a new international brand which is focusing on Physical Bitcoins. We plan on bringing bitcoins to the whole world as an affordable physical coin. This is a different approach from the physical coin products currently available, which are very expensive and mainly used as collectors items. Our focus is on the idea of using them as affordable gift items.
For the Physical Bitcoin product we plan on targeting the European market directly and we already have a wholesale partner for the Asian markets where we expect significant volume.
In addition to strenghtening our core services and making them global, we are also working on multiple new exciting products.
First of all we plan to build a Bitcoin vault where any person can safely store their bitcoins. We believe our team has the expertise to do this safely and securely. For the vault project we already have a partner company which provides certificated storage for us to be able to get insurance for our vault.
In addition we are interested in launching an ETF (Exchange Traded Fund) on top of the vault. This would likely be done in co-operation with a company that already has the licenses to operate an ETF. Our role is to provide the Bitcoin infrastructure for the fund.
We believe these ideas for expanding our operations have great potential. The only thing we need now is the funding to start working on them right away.
*In addition to the forementioned projects the company is developing a technology that enables sending and receiving Bitcoin transactions without an internet connection.
More detailed discussion about this technology is subject to Confidentiality Agreement.*
Remittance
We believe that one of the greatest opportunities for Bitcoin is remittance. Sending money between continents is faster, cheaper and more convenient with Bitcoin than with any other alternative. Currently the only thing missing is proper infrastructure.
Our company plans on being heavily involved in the Bitcoin remittance market. For instance our Bitcoin ATM network is a great platform for international money transfers. We are already in talks with other Bitcoin startups to connect our ATM's with local Bitcoin exchange infrastructure across the globe.
Partners
Our company has an extensive partnership & contact network within the Bitcoin industry. We have worked with BitPay, Bitstamp, Lamassu, Casascius, Bitcoin Magazine, BTC Trinkets, LocalBitcoins and many other companies. In Finland we have a close partnership with upcoming merchant service startup Bitcoinkaupat.com.
The CEO of Bittiraha personally knows many CEO's in the Bitcoin industry and is in a great position to build greater partnerships.
Our vision
The Bitcoin economy is growing rapidly but it is not mainstream yet. It's currently facing a challenge of how to create services that are useful for mainstream consumers.
There are many approaches to this. Making it easier is important. Making it more secure is important. However we also believe in making it invisible. The Bitcoin of the future may not show itself to the users in the way it now does. There are ways of using Bitcoin without actually knowing that you're using it.
We believe Bitcoin will be the new gold standard. A new truly global currency that will rival the largest national currencies in the world. However what Bitcoin looks like now will not be how it looks like in 5-10 years. It will evolve significantly.
Our team at Bittiraha.fi has experienced Bitcoin since 2011. We don't only understand the technicalities of Bitcoin, we now have a pretty good idea of where Bitcoin hits and where it misses. We plan to focus on where it hit
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