BITCLUB NEWS – Click Here To Get A Free Bitclub Account
NEW CoinPay Digital Token – A MUST READ!
Date: December 29th
New CoinPay Token Giveaway Begins Jan 1st
CoinPay is getting ready to take the payment industry by storm in 2017!!!!
This company is building the worlds first Smart Payment App that allows merchants to accept multiple digital currencies on the same invoice and then automatically convert them to USD or another Fiat currency.
A merchant will have full control over their funds at all times, they can chose to keep a percentage in any currency received or convert it based on the market rate at the time of transaction. There is no third party or middle man to deal with.
CoinPay uses a very sophisticated set of API’s that work together to allow merchants full control over the process and by allowing them to bill customers directly there is no risk for the merchant at all.
Upon launch CoinPay will be accepting ClubCoin (the digital token BitClub members have been receiving for over a year now) and Bitcoin. Right now ClubCoin has a value of around $0.50 USD and we believe with the power of BitClub Network, and the global rewards program it will create a huge demand for ClubCoin.
Soon we will all have a market to spend ClubCoin through the CoinPay platform.
This was phase 1 of our plan to give ClubCoin away free and create a viable market for it.
Phase 2 is adding the merchants to accept it and we believe merchants from around the world will line up to use CoinPay because not only is the platform great for accepting digital currencies, but a merchant can list their entire product catalogue through the CoinPay shopping network, which is made available to ClubCoin token holders.
There is No Risk and Here is Why…
Say a merchant is selling a cup of coffee for $5.00 USD… They would be able to accept ClubCoin (right now this would be 10 ClubCoin). An invoice is generated and the customer pays the merchant with ClubCoin, this would be instantly converted to Bitcoin and the Bitcoin instantly converted to USD or other FIAT based on the preferred exchange and region of the merchant.
So at the end of the day the merchant would receive $5.00 USD in their bank account and since CoinPay is only acting as the software to allow the transaction to happen there is no risk for the merchant because the “money” is either in the customers hands or the merchants hands (no middle person).
It’s our hope that merchants wake up and want to hold digital currency because there is a lot of upside in the market. Just look at Bitcoin lately 🙂
So for this reason we give them the opportunity to cash in a percentage of their transactions and hold the rest in either ClubCoin or Bitcoin if they chose. This percentage can easily be set and changed if it becomes more attractive to hold or sell
Why Merchants Want to Accept ClubCoin?
Merchants will gain access to thousands of new customers (BitClub Members) and anyone else holding ClubCoin. For this privilege we are going to ask the merchant to offer their product or service at a discount to members if they chose to accept ClubCoin.
This discount will be advertised to the network and anyone with ClubCoin can shop based on these discounts to get a great deal. We expect to see new customers outside of BitClub Network buying ClubCoin just so they can shop with it and get a discount by using it through CoinPay.
Example: Sticking with the cup of coffee example… This coffee shop would sell their coffee at a 5% discount, or $4.75 to all ClubCoin holders, a $0.25 discount
How many other digital currencies have their own marketplace to spend them? Only Bitcoin!
We believe ClubCoin can become the “shopping token” that people use instead of spending their Bitcoin and this will grow well beyond anything else can because of the unique relationship CoinPay has to BitClub Network!
How Does CoinPay Make Money?
CoinPay will charge a 1% transaction fee on all transactions and these fees will also be shared with the BitClub member who enrolled the merchant. Merchants will have an option to upgrade for a one time $399 fee which will give them complete access to the network of shoppers, and many tools that Free merchants will not receive.
CoinPay also offers Enterprise level packages that provide a fully customized solution that can be integrated easily into any existing shopping cart platforms. It’s also our hope to integrate with the most popular open source shopping carts so its very easy to implement for merchants on these platforms
Ok, Now here is where this gets fun for BitClub Members…
CoinPay is going to be giving away up to 65% of the company to BitClub Members in the form of equity shares that are being called “CoinPay Tokens.” It was important that all BitClub members owned a big piece of CoinPay to feel like this is YOUR company to help support and grow the merchant network.
In fact, YOU have already earned a piece of this company with your membership and we are going to GIVE YOU SHARES FOR FREE!
This is NOT like any other digital token you see today… It’s NOT like Bitcoin, it’s NOT like ClubCoin, and it’s NOT like anything else in the market. This token will act more like a stock certificate and “proof-of-ownership” token rather than a currency that is trading.
CoinPay tokens will entitle you to a profit share of CoinPay and you can earn more tokens based on your performance by enrolling merchants and getting those merchants to process ClubCoin transactions.
This is how we are giving them away…
For all members who joined BitClub Network anytime BEFORE January 1st 2017
- You will receive 1 CoinPay Token for every $10.00 USD you have spent with BitClub
- ALL Founders (any level founder) will receive an additional 1,000 CoinPay Tokens
*There is no catch on giving these tokens to you, and there is nothing you have to do to earn them. These are yours! We want you to have them and feel like you own a piece of CoinPay (A BIG Piece).
The next giveaway is for all members who will join AFTER December 31st 2016
- You will receive 1 CoinPay Token for every $1.00 spent (giving away 10 million tokens in Tier 1)
- After Tier 1 the giveaway will drop to 1 CoinPay Token for every $2.00 USD spent (another 10 million tokens)
- ALL Founders (Founder 9) will receive 5,000 additional CoinPay Tokens + 200 ClubCoin (1,000 Founders)
- After this Founder 10 will receive 3,000 additional CoinPay Tokens + 100 ClubCoin (another 1,000 Founders)
This will continue to drop down every 1,000 founders until 100,000,000 (100 million tokens are given away)
We also have many other incentives to earn tokens by enrolling new merchants in CoinPay, hitting sales volume ranks from merchant sales volume, and more special offers that you will hear about later on.
This is something we are very excited about and have been building for over a year now. By giving away 65% of the equity in CoinPay the company will be in the hands of the people (YOU) and it’s the people who build it and benefit.
We strongly believe in this type of approach and by launching CoinPay through a sales organization like BitClub we know this can be really big!
The full launch of this platform is almost here and you will begin seeing more details unfold as we bring each piece online. But it’s important to know that the CoinPay token giveaway will begin January 1st.
We want to thank you for making 2016 an incredible year! There are so many people from around the world making money with us and we have some big plans for 2017 so stay tuned for new announcements coming in early January.
We are so thankful to have you as a member and look forward to a massive year ahead!
Founder Bonuses Paid
We have updated the Founder Bonuses for Founder 1 and Founder 2. You are now paid through November and you can check the payments under the founder page. This month marks the 2 year anniversary since we started paying the lifetime Founder Bonuses.
In this time Founder 1 members have earned 0.7839 Bitcoin (worth $705 USD today) and Founder 2’s have earned 0.3812 ($343 USD)
Overall during this 2 year span we have mined 39,194.92 Bitcoin which today is worth over $35,275,428 USD (using $900 BTC price). All of this has been shared with BitClub members and continues to come in daily.
*NOTE: These numbers do not include ALT coin mining and conversions of these ALT coins into Bitcoin, but they do include mining we have done into other pools before our current pool was established in July 2015.
Bottom line… If you are a Founder 1 or Founder 2 you are very happy right now and we will continue to expand offering all Founders incredible value.