SNAPCARD looks to turn San Francisco into Bitcoin hub, offers free hardware and service to 500 merchants

After securing $1.5 million in funding, SNAPCARD is making a bold move to rapidly increase merchant adoption of digital currencies.

Through its "Integrate SF" campaign, the first 500 merchants to sign up will receive free hardware to enable their acceptance of Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term. The "merchant pack" includes an Android tablet and SNAPCARD merchant app, to function as a bitcoin point of sale (POS) terminal. In addition, the merchants will not be charged any transaction fees- forever. The company would normally charge 0.5%.

Those signing up will also benefit from a variety of physical marketing materials (bitcoin stickers, table tent, window vinyl), as well as digital marketing to digital currency users.

With apparently nothing to lose, merchants will have little reason to hesitate. SNAPCARD can then easily make good on its earlier promise to soon announce merchant partnerships.

The campaign message also displays the logos of other leading digital currencies such as Litecoin, Dogecoin and Ripple Ripple Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Ripple was co-founded by Jed McCaleb and Chris Larsen and was debuted in 2012 as both a digital disbursement network and a pre-mined digital coin denoted as XRP. Possessing less market cap than both Bitcoin and Ethereum, Ripple ranks as the third-largest cryptocurrency.Its dual open-source and peer-to-peer (P2P) decentralized platform whose network is capable of working with any form of money such as GBP, Ethereum, Yen, etc. What is Ripple Used For? Known as a gateway, participants of Ripple may Read this Term.

San Francisco is already one of the leading centers for digital currency startups and activity. SNAPCARD hopes that through its campaign, it will turn the hub into the "first bitcoin city".

This particular campaign is not designed to net revenues. It appears that their strategy is to invest heavily in creating a bitcoin ecosystem, and eventually monetize it when appropriate. While this has been the approach taken by many other major industry players, one notes the large magnitude of resources poured into the campaign at zero cost to merchants.

Merchants can sign up until November 15.