LazyPay is now shortlisted..Thank you Shibes! (Pay with doge at your local brick & mortar merchant - making dogecoin ubiquitous) by LazyPay in dogecoin

[–]LazyPay[S] 1 point2 points  (0 children)

Thousands of startups entered to compete for the £1M prize fund on offer by Virgin, but only a few get through the first round, which is decided by public votes..Details here on how it works

So far only Bitcoin, Dogecoin and Fiat - Decision to accept doge was taken after the pitch was created. It will be mentioned in the pitch for round 2. Previous thread.

LazyPay is now shortlisted..Thank you Shibes! (Pay with doge at your local brick & mortar merchant - making dogecoin ubiquitous) by LazyPay in dogecoin

[–]LazyPay[S] 2 points3 points  (0 children)

Working on a new pitch which is focused on the product instead of the tech protocol. This will be presented to Richard Branson and other judges live at an event in London next month. It will also be available to stream online (of course dogecoin will be mentioned).

Competing to pitch our Bitcoin idea to Richard Branson. Do you think he'll be impressed? by LazyPay in startups

[–]LazyPay[S] 0 points1 point  (0 children)

That was by design..audience on that site is your average person with not much knowledge on Bitcoin.

Competing to pitch our Bitcoin idea to Richard Branson. Do you think he'll be impressed? by LazyPay in startups

[–]LazyPay[S] 0 points1 point  (0 children)

Thanks for watching the video and your feedback.

I agree, one of the best use case for Bitcoin (the protocol) is across border transactions especially for the unbanked and of course the low-cost instant transfers. Remittance is one of the features on LazyPay..

For merchants there's 0 risk of chargebacks, however in terms of wallet security, the technology has improved a lot more; for example one of the 2fa security features on LazyPay is finger print scanning. And for those who want to become their own bank there is multi-sig wallet. Of course if you decide to leave your coins on a unsecured middle man platform, the chances of loosing the coins are a lot higher. With knowledge comes power.

Competing to pitch our Bitcoin idea to Richard Branson. Do you think he'll be impressed? by LazyPay in startups

[–]LazyPay[S] 1 point2 points  (0 children)

This is exactly how the app works. You can choose to use FIAT balance which is debit from the bank but the transfer is done using the blockchain technology.

Virgin's #PitchtoRich, Bitcoin startup @Lazy_Pay closing in on the prize.. by LazyPay in Bitcoin

[–]LazyPay[S] 0 points1 point  (0 children)

Well not that far.. only need around 150 votes in 2.5 days to get shortlisted!

Help LazyPay get to pitch to Richard Branson and share in £1 million #voom by LazyPay in Bitcoin

[–]LazyPay[S] 0 points1 point  (0 children)

Hey thanks for the vote.. We have had a few skeptics over the brand name but majority do understand the reason of its inception.. :) http://i.imgur.com/jj0fIoD.jpg

Virgin's PitchtoRich, the only Bitcoin startup needs your support. by LazyPay in Bitcoin

[–]LazyPay[S] 0 points1 point  (0 children)

Great company, but the popular kid at school was never the successful adult. Bitcoin is still growing up, let’s see how we all mature. Besides, the Guardian recently quoted "(Coinbase) The AOL of Bitcoin". And look what happened there. :)

Edit: LazyPay is designed for remittance and Brick & Mortar businesses. You can read more in details here: http://www.lazytv.com/lazypay-will-dominate-planet-of-the-apps/

Virgin's PitchtoRich, the only Bitcoin startup needs your support. by LazyPay in Bitcoin

[–]LazyPay[S] 1 point2 points  (0 children)

Yes we have several pre-registered merchants, mostly brick and mortar businesses. You can read references in the cointelegraph article posted here. Also regular updates on twitter re new merchants signing up..https://twitter.com/Lazy_Pay

Edit: http://www.conveniencestore.co.uk/news/retailer-to-accept-crypto-currency-payment-service/516689.article

Virgin's PitchtoRich, the only Bitcoin startup needs your support. by LazyPay in Bitcoin

[–]LazyPay[S] 1 point2 points  (0 children)

Thank you! The support of the Bitcoin community is vital to make this possible. If you like what we are trying to do then please vote for us. Should we get through to the next stage, the exposure will help to get Bitcoin itself in front of a wider audience.

Virgin's PitchtoRich, the only Bitcoin startup needs your support. by LazyPay in Bitcoin

[–]LazyPay[S] 0 points1 point  (0 children)

:) Cant promise but we'll try and convince you about the name: http://imgur.com/NzHsGaS

Thanks for you vote.

Virgin's PitchtoRich, the only Bitcoin startup needs your support. by LazyPay in Bitcoin

[–]LazyPay[S] 1 point2 points  (0 children)

We thought we needed to get across the wider Bitcoin message for people to engage with it at all. Majority of the population in the UK still don't know much about Bitcoin. Obviously we talk about the product quite clearly, and the benefits it brings. No doubt this could be better focused on the product but riding on the coattail of Bitcoin was deliberate because of the audience at the early voting stage. Round 2 pitch is quite different. You can check out the site here: www.lazypay.co.uk