VR/AR Services Provider, Cappasity To Launch Innovative Service Backed By PayPal Platform
According to a Twitter post made by Cappasity on July 31, the team involved is working towards launching a new service – a crypto wallet that will allow investors to buy its native token, CAPP through their established PayPal account. The final stages have been completed to date, with one aspect still remaining – evaluating whether or not the service will support large quantities of transactions by August 2018.
In addition to Cappasity’s new service that seems to address current, poor user adoption, the team also gave a preview as to what the internal exchange looks like. The image houses both its own and PayPal’s logo, followed by an option that reads, “Buy CAPP with PayPal” and a list of posted transactions.
Clearly, the team was successful in achieving a simple platform that will bill one’s PayPal account as a confirmation of the payment. The decision to incorporate PayPal was done as a result of consumer preference as the Cappasity team concluded via its survey that “many find it better to use PayPal even if they have to pay more.”
We launched Cappasity Wallet and since that time we have been working on a service that will allow users to buy $CAPP directly from within their accounts on Cappasity platform.
— Cappasity Inc. (@cappasity) July 31, 2018
A reward system is supposedly in its roadmap as well, which will offer investors with CAPP holdings different admittances. An example shared by Sludge Feed shows that the VR/AR firm plans to offer one-year access to analytical data to those who hold 150,000 CAPP. Similarly, for those who hold 50,000 CAPP, they will be offered unlimited traffic.
Lastly, when CAPP’s new service sets off the ground, the team plans to give whoever makes purchases with the CAPP token a discount ranging from “20% and 70% off the PayPal transaction price.”