HomeBitcoinMarch 2021 Report & Evaluation. It’s this time of the time once...

March 2021 Report & Evaluation. It’s this time of the time once more, and… | by Alyona Shepilova | The CPAY Weblog


It’s this time of the time once more, and we’re coming again to you to share the most recent. New milestones, new initiatives, new horizons — we’ve obtained a bit of little bit of all the things actually, however we’d like to start out like we all the time do. With the numbers.

Numbers

Complete March 2021 income: € 1,389,052
March 2021 Income share: € 138,905
Share per 100 CPAY: € 0.154
Distribution date: April ninth, 2021
March 2021 Income share in ETH: 79.2720 ETH

Evaluation

Issues have by no means regarded so good for Bitcoin as we’re getting into the seventh month of euphoric progress that started on the finish of the final yr. Having jumped and touched the $61k mark a month in the past, the coin is now confidently buying and selling slightly below. An essential milestone for ETH as effectively, as for the primary time in historical past it reached 2K ETH/USD. It begins to look so much like a marathon, and we hope that our runners received’t be out of breath anytime quickly.

After all, the extra highly effective cryptocoins get, the extra energy they require: the expertise’s rising vitality consumption and its impression on our local weather are disheartening. Fortunately, there appears to be an rising answer to this downside headed by Crypto Local weather Accord that pledges to decarbonise the trade and make crypto inexperienced. The Accord, impressed by the Paris Local weather Settlement, is a non-public sector-led initiative for the whole crypto neighborhood targeted on decarbonizing the cryptocurrency trade in file time. You possibly can examine their goals and rules right here and share with us what you take into consideration this initiative and its viability.

Income

We’re persevering with with the regular progress: total, in March 2021, the income was 5% higher than the final month. B2B was up 25%, whereas B2C, with out the extra income we wrote about final month, reverted to ‘regular’ volumes and was down 28% in comparison with February 2021. Nevertheless, the cardboard programme is constant to develop and prosper (up 30%).

In B2B, we’re planning to implement a complete and detailed strategy to this a part of the product by the tip of 2Q 2021 and will likely be pleased to share the information within the upcoming months. This may embody staff enlargement, product growth and way more. Within the meantime, we’re concentrating on the present retailers and dealing in the direction of partnerships with new ones.

In the meantime, B2C has been way more lively these days. Before everything, we’ve carried out digital verification for brand new customers from the UK.

Digital verification (EKYC) signifies that customers received’t want to supply paperwork, solely enter the important info comparable to their identify, date of start and ID quantity. The method that beforehand may take a number of hours now takes a couple of minutes, which signifies that our customers can now work together with their new account nearly instantly. Veni, vidi, vici!

You might need additionally observed our new Financial savings web page — a bit of sneak peek on the product we’re planning to introduce later this yr. You possibly can test it out now and depart your electronic mail if you happen to’d like us to share the updates with you.

Keep tuned — there’s lots extra the place that got here from!

Declare income. Learn the way.

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