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July 2021 Report & Evaluation. Ascension to the outdated new heights… | by Alyona Shepilova | The CPAY Weblog


Alyona Shepilova

The CPAY Blog

Ascension to the outdated new heights, London forks and USDT — we’ve received all of it. Which means, in fact, that we will let you know one thing in regards to the former two and do now supply the latter! However let’s begin with the numbers.

Numbers

Whole July 2021 income: €1,500,573
July 2021 Income share: €150,057
Share per 100 CPAY: €0.166
Distribution date: August sixth, 2021
July 2021 Income share in ETH: 62.6554 ETH

Evaluation

In July 2021, Bitcoin made many a coronary heart flutter when it started its ascension to the as soon as managed territories. Having fallen to $29,8K, it managed to overcome $42k and is now buying and selling slightly below $41k.

However to some, it nonetheless misplaced its spot within the limelight to Ethereum. On 5 August, we witnessed the implementation of the Ethereum London laborious fork improve. The improve is supposed to make the blockchain extra environment friendly by serving to the community to course of many extra transactions per second. Individuals additionally hope that it’ll assist combat excessive fuel charges.

Imitating BTC in its upward motion, ETH now trades at simply above $2,8K.

What’s that on the appropriate? Is that USDT??! (It’s).

Report

As anticipated, after the return to the pre-hype ranges, our income stabilised: steadily and systematically it grew as compared with the earlier month, this time — because of the Pockets and, to a lesser diploma, B2B. Card deposits are nonetheless feeling a bit below the climate (17% fall in comparison with June 2021), and the cardboard programme has carried out a bit worse as compared with the earlier month (6% fall). However, B2B had risen 3%, and the Pockets received again the ‘misplaced’ 17%.

We’re actively including new cash and some days in the past welcomed our very first stablecoin. Now you should buy USDT on Cryptopay! We’re anticipating new cash ought to entice new prospects and spark curiosity within the outdated customers, in addition to function a foundation for brand new merchandise (for instance, staking).

We’re additionally making iterative adjustments to our net platform and the apps. Hopefully, it will have a optimistic end result on our prospects and income, though our major purpose is to make Cryptopay simpler and extra user-friendly for our already present group. And a bit extra dapper, too!

Google is lifting its ban on promoting crypto, and our advertising and marketing group can’t be happier. They’ve received loads in retailer for you.

Except one thing unpredictable occurs, the following couple of months promise to be regular. Explosive development sounds candy, however realistically, we perceive that there’s loads to do nonetheless.

Ah, virtually forgot, our B2B group is preparing for his or her fancy occasions — that’s an fascinating story for the next points.

Keep wonderful!

Should you got here for the income share — you may withdraw it right here. This information will remind you methods to do it.

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