Crypto currency payout
Good news - crypto payouts are coming for coapp.io!
While some of you have asked to accept payments in crypto, we are happy to announce that through coapp payments by stripe it will at least be possible to receive your payouts in crypto soon.
"Stripe will initially support payouts in USDC, a stablecoin pegged to the US dollar. This will enable many people who wouldn't otherwise be able to hold dollars to do so. Payouts will take place over the Polygon network, which we chose for its low fees, speed, integration with Ethereum, and broad wallet compatibility (including MetaMask, Coinbase Wallet, and Rainbow)."
Read the full blog post here.
This means that you can use the funds that you have your coworking spaces, makerspaces and paid community platforms can be paid out in cryptocurrency in more than 120 countries by the end of this year. And with our upcoming marketplaceFeatures , the same applies to your members. For example, let the organizer of the next crypto meet-up in your community receive her payout in stablecoin. Great, right?
Overall, Stripe is opening up to the world of cryptocurrencies. So we assume that accepting payments in cryptocurrencies, at least in the main currencies, will soon be available for all coapp communities as well.
Cryptocurrencies and Coworking Spaces
Coworking spaces are arguably the perfect place to get started with cryptocurrencies. They tend to be full of young, tech-savvy people who are interested in new technologies and tend to be early adopters of cryptocurrencies.
Cryptocurrencies are made for coworking spaces because they are fast, secure and global. Payments can be made quickly and easily without having to worry about exchange rates or bank transfers (at least if you use so-called stablecoins). And since cryptocurrencies are digital, they can be used anywhere in the world.
The benefits of using cryptocurrencies for Payments in coworking spaces go beyond the convenience and security of the payments themselves. Cryptocurrencies offer a way to promote your business to new customers who are forward-thinking and innovative.
Want to build your own coworking community in just five minutes? Get started here for free.