We always keep our users in understanding the current events of the crypto industry. A little earlier we wrote that the useful and popular company Purse announced its own liquidation and will soon cease to work. We don’t know if the heroes of this material read our article, but Purse found investors. Serious companies that intend to save Purse from bankruptcy are ready to invest in the company again. Let’s look at the conditions under which the company will continue its activities. So let’s get started.
Who will invest in the company?
It all started with the fact that after a statement of possible bankruptcy, Purse received dozens of different proposals. Basically, as the creators of the company note, these were letters of sympathy from former customers who are concerned about the fate of the company. However, among the appeals with support, there were real business plans and strategies. Purse was approached by an iconic figure for the entire industry – Roger Ver. This is one of the developers of Bitcoin Cash, as well as one of the chairmen of the Bitcoin.com resource. In addition to these posts, Ver is engaged in investment, regularly supporting dozens of various projects working for the benefit of the crypto industry. A serious contributor, as he himself said, promised to “talk with Purse representatives.” And obviously what they will talk about. Note that Roger Ver previously openly stated that he actively uses the services of a startup Purse. He noted that of all the projects working in the modern industry, Purse is one of his favorites. And the leader of this company noted that, most likely, the liquidation of the company is canceled.
It is likely that other shareholders will invest in the firm. Amazon’s support is highly likely, as Purse has done a lot to make this online store. Amazon may well help the company out of a crisis. The fact is that Purse’s main activity was to provide a refund for those Amazon platform customers who made purchases using cryptocurrencies. The use of crypto for Internet marketing has become popular largely thanks to Purse.
What awaits Purse?
Of course, all the details of cooperation are not yet available. We will probably never know under what conditions the sponsors provided money to the company. But there is a chance that investors will invest in the company according to the standard scheme, which implies replacing the investment with a share of the income. That is, most likely, Roger Ver, Bitcoin Cash, Amazon and other companies will invest in Purse, and the company will provide them with a percentage of its own profit in the future. Of course, these are only assumptions, but, based on common sense and the statements of the developers, the liquidation of the company is unlikely. This is great news that the crypto industry community is a close-knit structure that is ready to support profitable projects and help useful products improve. Of course, I would like other interesting projects at the liquidation stage to receive support. However, it should be understood that the case with Purse is unique. Such an exception does not allow young developers to neglect their projects in the hope of wonderful help from the outside.
But let’s get back to the good. Now we will be able, as before, to use Purse’s excellent cashback when shopping on Amazon. When Purse goes through a crisis, they will definitely begin to develop new solutions that will make online shopping even more convenient. This is great news, in our difficult time.
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