MERCHANT ACCEPTANCE: THE EVOLUTION OF CRYPTOCURRENCY
CrayPay is the mobile payment app that can already be used to pay at over 50,000 retail locations in the United States. The addition of CrayCoin as an accepted currency to CrayPay allows crypto to be spent at all network locations.
CrayCoin is the premiere crypto for life. We’re bridging the gap between crypto and daily spending. With 64k+ locations - we’re ready to prove it. CrayCoin creates an environment fit and primed for mass adoption of CryptoCurrencies. The CrayCoin token will be implemented into an already established retail network containing a total of over 64,000 retail locations in the US. The currency is built on the Stratis platform due to fast tx/s and ease of integration with the CrayPay app in C#. CrayCoin looks to create a new take on non-volatile coins, specifically for spenders. CrayCoin bases prices off of an equation written into the CrayPay app. The equation and live value of the token will be viewable 24/7. By creating a rate based on historical spending over a given period, the value of CrayCoin will be determined by data; we call it the Transactional CrayCoin Price or TCP. This unique system will enable adoption of mass market and influence the overall outlook for CryptoCurrencies. As a means of adoption, CrayCoin will be distributed through an incentive-based program on the CrayPay app. Any fiat spending on the app will result in 10% of the purchase to be redeemed as CrayCoin. This method of distribution serves as a ladder for the significant barriers of entry that is required with going through typical Cryptocurrency exchanges. Furthermore, it fixes the problems pushed onto retailers by settling to them in Fiat.