Launch Company to Begin Accepting Bitcoin and Crypto Payments

crypto Jan 21, 2022

https://kendal-mcgurie.medium.com/launch-company-for-startups-to-begin-accepting-bitcoin-and-crypto-payments-a6d4607290f9

Bitcoin and crypto adoption in the entrepreneur landscape is set for another explosive year as a leading U.S. launch company for startups adopts cryptocurrency as a payment option. An increasing number of people are using crypto to start businesses because of the massive gains seen last year.

ProductMentor™, a leading partner for inventors and entrepreneurs, has begun accepting Bitcoin (BTC) and other cryptocurrencies as a payment option. This decision comes as more digital currency miners have been making attempts to use renewable energy to mitigate the impact on the environment.

ProductMentor provides Joint Venture opportunities to help inventors and entrepreneurs license or launch physical products, mobile apps, as well as decentralized apps. They help with every step in the process, from A to Z, so you can get your project to market in less time, with less money, and with less risk. ProductMentor and its team have helped over 500 entrepreneurs start, launch, and grow their businesses.

The cryptos they are currently accepting include Bitcoin (BTC), Ether (ETH), Solana (SOL), Dogecoin (DOGE) as well as one stablecoin — USD Coin (USDC).

ProductMentor now becomes one of the first business accelerator programs to enable crypto payments for their products and services.

For Kody Knighton, the company’s Chief Operating Officer, “adopting crypto payments will provide a host of new opportunities and help to reduce the burden on international clients”.

Commenting on the move, the firm’s CEO Mike Corradini stated:

“Blockchain and crypto are two of the most innovative concepts in the entrepreneur industry right now. I believe cryptocurrency is only going to gain more acceptance in 2022, and accepting crypto allows us to offer more choices to people that want to follow their dream.”

The onset of the coronavirus and its impact on global business has also likely accelerated the pivot towards virtual currency payment channels amid the emerging digitization of the industry and the prioritization of contactless protocols.

Other high profile businesses that are accepting crypto include Microsoft, Home Depot, and even Starbucks. Apart from utilizing crypto payments, businesses and other stakeholders are also exploring blockchain for business expansion. This shows the emerging trend of crypto is becoming mainstream and ideal for companies, entrepreneurs, and inventors.

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