CoinLinked, the first-of-its-kind blockchain-based social network and crypto-commerce platform, has been released to the market as a safe and easy-to-use platform for users. Individuals will have the possibility to easily purchase products from any website around the world and pay using Bitcoin and Ethereum to start. Other cryptocurrency will be added in the near future. The information was released by the company in a press release shared with UseTheBitcoin.
Users are able to acquire goods and services from different parts of the world not only using the most famous cryptocurrencies such as Bitcoin and Ethereum (ETH) but also stablecoins such as Tether (USDT) or fiat currencies.
The founder of CoinLinked is Jenny Q. Ta, who was also the creator of VCNetwork.Co. At the same time, she is a Wall Street veteran and an entrepreneur that decided to combine her knowledge and expertise from Wall Street, cryptocurrencies and social media in order to create CoinLinked.
Jenny Q. Ta explained that they aim at connecting traditional marketplaces with virtual currencies that represent the future.
In addition to it, she stated:
“We’ve designed this platform to vastly simplify the spending of digital assets, making the buying process smoother, faster, more intuitive, and more convenient for today’s crypto-holder. By combining a simple and efficient drop-shipping solution with a robust rewards system, the evolution of Social Networking takes on a whole new meaning.”
The CoinLinked platform offers unlimited access to both goods and services through a reliable, fast and useful payment processing protocol. Merchants do not require any specific integration, which means that they will have no issues to enter the platform and start enjoying its benefits. As mentioned before, the platform supports Bitcoin and Ethereum but the goal is to also support other digital assets.
Of course, the platform will also include memberships, revenue-sharing, cash back and other incentives that would allow users to monetize their social activities. The rewards can also be used to reduce fees and to pay for the shipping of products.
“With global e-commerce steadily expanding each year and sales projections indicating that the multi-billion-dollar industry will reach new highs in 2021, there’s a clear need for a more fluid and less encumbered method for exchanging cryptocurrencies for tangible goods,” Jenny Q. Ta mentioned. “CoinLinked is there to fill the need.”