Aside from the Online Wallet with Staking option, the latest addition to Pesobit is its Marketplace. The recent addition of Pesobit in coinpayments.net allowed Pesobit along with dozens of cryptocurrencies to be accepted by e-Commerce platforms with or without programming knowledge.
Pesobit Marketplace is a collection of 3rd party merchants or service providers. They exchange their service or products for Pesobit. They don't dictate the exchange rate of Pesobit <-> Peso, they just state the Philippine Peso price of the product or USD (if there will be) then coinpayments api takes care of converting it to Pesobit so it will ask for Pesobits instead of Philippine Peso. Take for example one of a 1000 Philippine Peso product, upon checkout coinpayments will ask for Pesobits equal to that 1000 Philippine Peso and have it fixed for an hour so you have an hour to transfer funds to the provided PSB address. In case you missed the alloted time, you will receive a refund email from coinpayments.net for you to be able to get your PSB back.
Here's a video courtesy of one of our supporters JOE AXM showing how to order in the Marketplace.
https://www.youtube.com/watch?v=uCSZqcpggEsSo what can I avail in the Pesobit Marketplace?
There's a BPI or BDO encashment - This is if you want to exchange your Pesobits to cash and have it sent to your BPI or BDO Savings accounts. The vendors of this one has a 500k PSB being staked and locked in the Online Wallet to serve as collateral.
You can buy Prepaid credits via Smart, Globe or Sun - You can either choose the Cash Cards (the one where you will receive a PIN for you to use) or the Direct E-Load.
Garena Shells - For gamers out there, you will receive your PIN on your stated mobile number,
Paymaya or GCash conversions - You can also exchange your Pesobits to Paymaya or GCash credits.
Zalora Vouchers - Want to shop in Zalora.ph using your Pesobits, you can do so by buying 1 of the vouchers.
Dashcams, slimming products, botox and many more.
And of course the GiftAway Vouchers. You can select from their dozens of merchants like Plains and Prints, Nike Stadium, New Balance, Watch Republic, Krispy Kreme, Max's Vikings and many many more including travel and tours services. Other products are lined up and will be added one at a time so the Pesobit Marketplace will just continue to grow and be better every week.
What's next for Pesobit?
e-Wallet.ph remains on standby as we're waiting for just ONE more government paper and that's BIR (for taxation). Bank connections and other bigger partners rely also rely on it so what we can do while waiting for it is to look for other ways for you to use your Pesobit in our daily lives. ETA still remains to be December but may be pushed to early January especially due to the Christmas holidays.
A few 3rd party websites/programs also came up that uses Pesobit and there will be more to come. To those who are having investment programs, I hope they can have some kind of collateral by sending Pesobits to the Staking program so we can be sure that they won't run away with the funds ending up scamming Pesobit holders.
