Plutons BitcoinICYMI London-based start-up Plutus Tap & Pay raised money in a “Crowdsale”. Plutus is creating a contactless payment system for cryptocurrencies. According to a statement by Plutus;
“Over a thousand people rushed to participate to what was probably the shortest 9 day crowdfunding round to raise over $1 million USD in digital currencies, and over 4532 members have already signed up to prepare for the launch of Plutus.it.”
Plutus explains that while Bitcoin utilization is growing worldwide, mass adoption by merchants has not really happened. There is really no Bitcoin point of sale infrastructure in place – yet. They want to create a practical application for digital currencies to be utilized by merchants now.
The Plutus team says it has a “singular vision” to create a streamlined payment system using blockchain.
https://www.crowdfundinsider.com/2016/07/88337-plutus-raises-1-million-crowdsale-plutons/
