BCH Ryver Venezuela Flipstarter
Ryver Venezuela is holding a new flipstarter, planning the expansion of Bitcoin Cash in particular sectors of the Venezuelan economy.
The Ryver initiative is operating for almost three years promoting the use of cryptocurrency and increasing the adoption of BCH as sound money.
Venezuela is a hotspot for cryptocurrencies, because of the hyperinflation of the national currency (Bolivar) that has been ravaging the economy for many years.
It is more essential than ever to spread adoption and education on cryptocurrencies offering actual currency features, such as low fees, high speed of transactions operating on decentralized, secure, and reliable networks.
Bitcoin Cash is the leading cryptocurrency in payment features offering lightning-fast transactions with virtually zero fees.
Ryver Venezuela Bitcoin Cash Courier Business and Education 2022
The flipstarter page contains the details of the activities and the contribution of Ryver to the Bitcoin Cash ecosystem since 2019.
Minimum pledge is 0.281BCH.
The main objectives of this campaign are:
Integrate people with the tools that allow to generate confidence in the use and savings in BitcoinCash as an alternative of digital payment.
Boost the Bitcoin Cash builders in Venezuela, there are a different entrepreneurs in the society, at this time we want boost two very popular markets in Venezuela:Fast food and courier business.
The initiative has a target group to spread the Bitcoin Cash message in two fields always in high demand.
Ryver aims with this campaign to create conditions for lasting adoption of Bitcoin Cash in the long term:
Medium term
Establish commercial links that allow the constant circulation of Bitcoin Cash and other cryptocurrencies, but promoting special offers using Bitcoin Cash and discounts.
Long term
Build alliances with merchants to startup the first Bitcoin Cash Courier bussiness in Venezuela.
The success of the short-term goals in creating a culture of payments with the use of Bitcoin Cash is the ground that will build confidence and enhance the odds of success for the secondary (long-term) targets.
This particular flipstarter is focused on attracting courier and fast food businesses in Venezuela and will present the option of Bitcoin Cash as sound money, unaffected fiat currency inflation levels, and uncontrollable by governments.
The flipstarter was announced a few days ago and has a target of 170BCH with 8 days remaining. Currently, it has 2 donators and lags from its target.
The Lantern Festival HK
The Ryver team also filled another flipstarter last month, (Bitcoin Cash Lantern Festival HK 2022), which was delayed since the Lantern Festival in Hong Kong was postponed due to the recent rise of Covid cases in the HK region.
Sofia explains on Twitter the team is ready and BCH will meet the publicity it deserves:
(source)
The team is ready to fulfill the flipstarter promises when restrictions in HK are relaxed to allow the festival to take place.
Budget breakdown:
Ryver Venezuela brings an interesting plan focused on a market niche able to multiply BCH adoption in the country. It is suggested to read the details on the flipstarter page.
The Ryver initiative was first presented to the public on the Bitcoin.com website together with an interview of Ryver's founding member Sofia Corona: Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money.
Sofia is often publishing on read.cash news on Ryver. Suggested reading:
Useful Links:
In Conclusion:
There a lot of Venezuelans earning bitcoin Cash but how they can spend their Bitcoin Cash without trade to FIAT money ?
I have previously published this article: Bitcoin Cash Merchant Adoption And Suggestions where I shared some thoughts and concerns. One fact is there are not many users, not even in Venezuela and the increase of users should be of paramount importance.
Read.cash and noise.cash have both increased adoption levels, but Venezuelans still have to sell their crypto to inflating Bolivar finding it difficult to directly shop with their BCH.
The lack of data and merchant feedback should also be addressed as a higher priority. We have the map of merchants at bitcoin.com increasing in numbers, but also we should observe blockchain data increasing as well.
With this flipstarter the focus is on the market field of fast food and courier, two sectors where BCH can find an immediate use case.
Cover Photo: by Anthony Cantin on Unsplash (modified)
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Have you ever tried making your own FlipStarter campaign idol? Because I'm planning to introduce Bitcoincash BCH to my former college school and spread my little knowledge to students about BCH and for its adoption as sound money in the future.