Monday, June 17, 2024

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 acquired slightly little bit of every little thing actually, however we’d like to begin 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 development that started on the finish of the final 12 months. Having jumped and touched the $61k mark a month in the past, the coin is now confidently buying and selling just under. An vital milestone for ETH as effectively, as for the primary time in historical past it reached 2K ETH/USD. It begins to look rather a lot like a marathon, and we hope that our runners received’t be out of breath anytime quickly.

In fact, the extra highly effective cryptocoins get, the extra energy they require: the expertise’s rising power consumption and its influence 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 business and make crypto inexperienced. The Accord, impressed by the Paris Local weather Settlement, is a non-public sector-led initiative for your entire crypto group centered on decarbonizing the cryptocurrency business in document time. You may examine their goals and ideas right here and share with us what you take into consideration this initiative and its viability.

Income

We’re persevering with with the regular development: general, 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. Nonetheless, the cardboard programme is constant to develop and prosper (up 30%).

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

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

Digital verification (EKYC) signifies that customers received’t want to supply paperwork, solely enter the important data resembling their identify, date of beginning and ID quantity. The method that beforehand might take just a few 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 may need additionally observed our new Financial savings web page — slightly sneak peek on the product we’re planning to introduce later this 12 months. You may test it out now and depart your e-mail if you happen to’d like us to share the updates with you.

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

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