At its core, cryptocurrency is a peer-to-peer digital payment system that doesn’t rely on banks to verify transactions. Bitcoin is the first decentralized cryptocurrency was proposed and published by a programmer (or group of) working under the pseudonym Satoshi Nakamoto following the 2008 Great Recession whose root cause was the reckless lending instigated by banks and the government.
The first ‘genesis’ block of Bitcoin was mined in January 2009 but it had no utility nor monetary value and was mostly traded ‘just for fun’. It was only a year later, in May 2010, that a real-life transaction was recorded. A man from Florida traded 10,000 $BTC for two (2) Papa John’s pizzas, valued at $25. A few more years after, the price was able to go head-to-head with the USD value and people started realizing the wonders of blockchain and cryptocurrency.
There are two (2) main takeaways from the history of Bitcoin:
- That it’s possible to have real-life transactions without the use of fiat;
- Real-world use cases and increased value encourages mass adoption.
With the current progress in blockchain technology, cryptocurrency integration can now be used for day-to-day spending. Here are some of the companies that allowed the use of $BTC or other cryptocurrencies into their payment systems:
- Microsoft accepting $BTC since 2014 – can be used to purchase Xbox and Windows Phone
- CheapAir claims to be the first online travel agency to accept $BTC starting November 2013 and has expanded to hotel reservations in February 2014.
- Shopify accepts Bitcoin and 300+ other cryptocurrencies as a form of “alternative payment methods”
- Planet Express in California accepts Bitcoin as payment for their forwarding service since 2017
- AT & T became the first major mobile carrier (in US) to accept $BTC as payment
We also saw an increase in cryptocurrency holders during the boom of GameFi during the 2019-2021 pandemic which tapped the overall 40% of the world population who are considered gamers. With the help of Axie Infinity, earned tokens ($SLP and $AXS) became a main income-generating partner of households around the world.
Roseon App was initially launched to bridge the gap between CeDeFi. We first started with Yield Farming, Swaps, Portfolio Management, but have now evolved to offer features related to launchpads, games and even NFTs. We also recently launched the Fiat On-Ramp feature to allow our users to buy supported tokens using their credit/debit cards and/or Apple Pay.
As most of the cryptocurrency integration experienced is in the western countries, we have been on the lookout for more ways to add utility and value to $ROSN. This is where the goals of our new partner, Fizen.io, align with ours. Fizen offers a decentralized all-in-one crypto payment solution that enables users to buy gift cards using cryptocurrency. With our partnership, $ROSN can now be deposited into their wallet and used to purchase any of their supported list of services and merchandise.
Want to hang-out with your friends at Starbucks? Pay with $ROSN.
Thinking of buying that new item on your favorite game? Buy game credits with $ROSN.
Planning for your next travel destination? Book your hotel and flight with $ROSN.
This partnership will give our investors from more than 30+ supported countries access to over 20,000+ brands worldwide, including Starbucks, Airbnb, 7-eleven, Nintendo Switch, etc. In the inevitable future where anything that retailers and consumers trade using e-commerce have been fully integrated on a secure and trusted platform, that is surely the era where mass adoption has been attained. By this time, whether it’s the nearby cafe or local mall that you’re headed into, we should see $ROSN as an accepted form of payment.
Download Roseon Mobile App
Web app: https://app.roseon.finance/
Fizen.io is an all-in-one crypto payment solution with an ambition to bridge the gap between traditional finance and complex, expanding decentralized finance by providing a user-friendly and seamless experience.
- Fizen Crypto Super App: A cryptocurrency super wallet application that allows users to use crypto in a diverse ecosystem of E-Commerce, NFTs, GameFi, and DeFi.
- Fizen Pay: A Payment Gateway is linked with many merchants globally, making it easy for users to make payments with crypto.
Roseon App is a licensed, mobile-first one-stop crypto investment app. Our Key Features include: Multi-chain LaunchPad (BSC, SOL, ETH, MATIC), Staking & Farming, NFT Gallery & Marketplace, Game Center.
Roseon is the entire ecosystem covering Roseon’s developments in simplifying our users’ crypto journey. Our one-stop solution to all crypto needs is accessible via mobile or web (WonderApp), and soon, with our very own metaverse (WonderLand). Our intuitive but user-friendly UI eases the adoption of newcomers to our ecosystem.
We’re kicking off Football Carnival Campaign to celebrate the most impressive moment this year
Roseon Launches New Reward Program: Conquer the World of Metaverse Hero Arena for the +$7,000 Rewards
We’re launching a reward program with $7,003 in HERA up for grabs!
This October, enjoy our special welcome offer as a thank you for choosing Roseon. Register and receive our special welcome bonus rewards. No KYC required!