The New Way to Purchase Gift Cards on Polkadot App 🎁
Imagine being able to conveniently buy gift cards right from your Polkadot app, using your DOT tokens for transactions. Well, this year, a groundbreaking partnership has made this a reality for crypto enthusiasts like you. Now, you can easily purchase gift cards in fiat currency, accepted in over a million stores, chains, or e-commerce sites through the Polkadot app.
The Groundbreaking Collaboration for Gift Cards 🤝
The collaboration that has enabled this seamless integration is between Raise and Parity Technologies. This innovative initiative aims to simplify and enhance the experience of using cryptocurrencies for everyday transactions by allowing users to buy gift cards directly on the Polkadot app with just a few clicks. The integration of Raise’s white label payment APIs with the Polkadot app enables users to purchase gift cards using the native cryptocurrency, DOT.
- Gift cards now available for purchase on Polkadot app
- Users can buy gift cards with DOT cryptocurrency
- Cashback up to 20% in DOT available
Raise’s Role in the Partnership 💳
Raise plays a pivotal role as the payment provider for the Polkadot mobile app. As a major player in the gift card sector, Raise offers users instant access to gift cards from a vast selection of brands. With over a thousand brands available, Raise’s infrastructure seamlessly integrates with the Point of Sale systems of leading brands, providing users with a smooth payment experience and offering cashback on all purchases.
- Raise is the largest gift card market in the USA
- Facilitated transactions worth over $10 billion
- Plans to expand presence in the cryptocurrency sector
Parity Technologies: The Blockchain Infrastructure Leader 🌐
Parity Technologies is a key player in the blockchain infrastructure space, committed to building a common open source heritage that empowers individuals to create better institutions through technology. Initially focusing on Ethereum, Parity shifted its focus to Substrate, a standard blockchain framework that gave rise to Polkadot, a decentralized blockchain meta-protocol designed to connect and secure various crypto ecosystems.
- Leading contributor to the Polkadot blockchain
- CEO – Björn Wagner, Chief Architect – Gavin Wood
- Founded in 2015 by Gavin Wood
Exploring the Polkadot Ecosystem 🌟
Launched in 2020, Polkadot aims to create a meta-blockchain capable of facilitating interaction among different blockchains, a technically challenging endeavor. Despite the complexity of the project, the Polkadot app release is anticipated, allowing users to shop at US retailers using DOT cryptocurrency without leaving the app. Additionally, plans are in place to expand these capabilities globally by year-end.
- Polkadot aims to connect diverse blockchains
- Slow development due to technical challenges
- Global expansion planned by end of the year