GoCoin has surpassed the $1 million goal in commitments for its latest campaign on Crowdfunder, which now stands at $1,045,000.
GoCoin helps merchants accept payments in Bitcoin, converted immediately to fiat. Earlier this year, they added Litecoin and Dogecoin to their portfolio.
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Crowdfunder is a platform that allows the public to fund and become early investors in startups. The parameters of each campaign, such as equity type, term duration, annual interest rate (if applicable) and conversion discount, can be tailored according to the needs to the round. Early investors can be eligible for other perks as well.
In March, GoCoin secured $1.5 million in equity funding, also on Crowdfunder. The current round offers convertible notes, yielding 6% interest per annum and eligible for a 20% discount upon conversion.
A minimum $20,000 in requirement per investment. The current total includes non-binding commitments, where investors have yet to be verified and/or investments are yet to be finalized.