Access Menu

Log in via Social

GoCoin

GoCoin

Global Leader in Blockchain Payments & Loyalty Innovations

Santa Monica, California, US

business to business, merchant services, financial services, payments, bitcoins, tech startup, cross border payments, bitcoin payments, Internet (Software & Services)

This company and others may be fundraising.

Login or signup to access deals.

Connect with Company

Company Overview

Company Services & Business Model

An online checkout experience isn't any fun ... until NOW! When a merchant adds our new rewards-based payment option, regardless of if you pay with credit card or popular blockchain currencies like Bitcoin, you're guaranteed to win rewards, points or prizes from GoPayWin.

I am thrilled to inform you that our team has completed merging of the GoCoin tech with the Ziftr platform. Last week we quietly launched with a small number of beta merchants that are rewarding their customers with GoPoints each time they pay with a credit card or a blockchain currency. We are currently launching with merchants in US and Canada for credit cards and worldwide for Blockchain currencies.

Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. Our platforms provide online merchants with a suite of software to better engage their consumers. Once our easy to install payment gateway is integrated into the merchant checkout flow, upon the shopper's first checkout, they securely save their payment method and preferences into the GoCoin cloud wallet. Like ApplePay, the GoPayWin wallet tokenizes multiple credit cards, and distinguishes itself by also managing multiple blockchain currencies (Bitcoin, Litecoin, Dogecoin, ziftrCOIN).

Most consumers expect loyalty points or rewards as part of their shopping experience. The GoPayWin gives consumers GoPoints each time they checkout. GoPoints are a blockchain backed coin that can be redeemed with participating merchants in the GoPayWin network.

GoPayWin and GoCoin earn revenues from payment gateway transaction fees and margin on selling blockchain currencies.

Company Status

After launching service in December 2013, there were 3 major milestones reached in December 2015. After 6 straight months of steady growth, November and December were both cash flow positive months (setting aside the one-time cost of the merger). We successfully processed our one millionth transaction on the platform and, most significantly, completed the merger with Ziftr LLC & ZiftrCOIN LLC.

December will prove to be another record month in terms of the highest number of transactions, total dollar value and transaction fee revenue. For the first time since Bitcoin mining sales fell in 2014, other vertical markets have finally come on as predicted. This week GoCoin secured a long-term contract with our largest merchant and continue to seek the same with other high volume customers.

GoCoin now process more Blockchain transactions for payments of goods and services than any competitor worldwide. So don't think of GoCoin as the illusive "unicorn" everyone is looking for...think "Clydesdale" ... strong, steady and getting the job done!

Our Keys To Success

The keys to GoCoin's success are : Entering markets where Bitcoin and altcoins can have the most impact by providing a payment option where there are currently few if any others. Launching a scalable product that is secure, while maintaining a fast, to-market approach. Maintaining the highest level of security and accountability. Ensuring our Merchants receive their settlements expeditiously and in their local currency.

Company Slideshare

Traction

Crossed over the $1M transaction mark

April, 2014

Crossed over the 1,000th merchant to signup up for services

June, 2014

Significant jump from June where we processed about 1,000 transactions

July, 2014

With a very small team, through low cost PR and organic marketing we have reach the 1st page on Google for search terms ie"Bitcoin Payments"

August, 2014

Transaction volume doubled from last week with the addition of new merchants to the platform

August, 2014

On 9/23, PayPal announced GoCoin had been integrated into their PaymentsHub.

September, 2014

For the month ending Sept 30, set a record month with 9,000 transaction on the platform

October, 2014

Over $5M in total transaction in 2014

November, 2014

Shopify added GoCoin to their platform making Bitcoin, Litecoin and Dogecoin payments available to their 120,000 merchants

November, 2014

5,500 Merchants Signed up

January, 2015

GoCoin & Steve Beauregard topped the list of "Hot 50 2015 - Upstarts and Explorers"

February, 2015

Signed first major real estate partnership with RE/MAX UK to offer digital currency payments for their rental customers

February, 2015

GoCoin lands LIONSGATE shop - First major studio to accept Bitcoin and altcoins

May, 2015

10,000 Merchant Signups

October, 2015

First cash flow positive month November 2015

November, 2015

1,000,000th successful Blockchain transactions processed on the platform

December, 2015

Completed 50% / 50% merger between GoCoin LLC and Ziftr LLC / ZiftrCOIN LLC into holding company GCZ, Inc. (Delaware C-corp)

December, 2015

Signed major merchant contract $240,000 per year minimum with a rolling 1 year notice period.

December, 2015

$2.71M total turnover in December 2015 - Highest month in GoCoin history.

December, 2015

First profitable quarter with Net Income of over $200,000

December, 2015

2,000,000th successful Blockchain transaction processed

February, 2016

$20M total platform volume since inception

February, 2016

Soft-launch of GoPayWin.com credit card and blockchain payment gateway with GoPoints loyalty system.

May, 2016

First fully integrated GoPayWin merchant live and transacting with recurring payments www.actionitems.biz

May, 2016

$17.4M year-to-date platform transaction turnover

May, 2016

4,000,000th successful Blockchain transactions processed on the GoCoin platform. 3M transactions since December 2015

June, 2016

Team

Team Member Name

Jon Holmquist

Marketing Guru & Blockchain Evangelist

Founder of Bitcoin Black Friday former Ripple Labs, Bitcoin Store Read More Unverified
Loading...

You Might Be Interested In

Funded
Digitzs
Digitzs
We make payments painless for apps, marketplaces and platforms.
$13,657,990 of $3,600,000
379% of goal
Over $1 Billion in Processing Commitments Secured for 2016
View Company
OnPlace Inc.
OnPlace Inc.
Invest in private companies with us
$1,030,000 of $950,000
108% of goal
We Are Connecting Blockchain, Crowdinvesting And Private Companies
View Company
Moxie
Moxie
“Africa’s insurance market a ‘giant waking up’." The Financial Times. Enter the market through UK tech and Africa experience.
$341,600 of $2,000,000
17% of goal
Fully cloud-based operated insurance platform
View Company
Funded
COMIVO, INC.
COMIVO, INC.
Intelligent Supply Chain: AI Revolutionizing Global Chemicals
$350,000 of $2,000,000
100% of goal
10,000 Active Users with $10M in sales.
View Company