Havven Launches World’s Initial On line Retailer to Only Take a Stable Cryptocurrency as Payment

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Sydney, 30 April 2018 –  Havven, a decentralised payment community and a person of the to start with ever stablecoins, has these days set out to establish the authentic everyday living payment use for a stable cryptocurrency on an international scale with the start of its have e-store.

Devoted to solving volatility by means of its twin community stablecoin, Havven is performing in direction of building mainstream use and acceptance of cryptocurrencies for everyday payments a actuality. The Havven eStore (https://store.havven.io/) is the very first on line shop in the environment to instantly accept a steady cryptocurrency in trade for physical merchandise. It will operate indefinitely and offer a true use scenario for stablecoins for the benefit of retailers and cryptocurrency holders all about the earth.

The Havven e-retail store start comes just 9 weeks following its token sale which raised USD$30million and received the backing of perfectly revered marketplace leaders such as Block tower and X. In its early phase, the eStore will only take the initially iteration of Havven’s nomin stablecoin, called eUSD. eUSD, which is backed by ether, keeps a steady value of USD$1, meaning individuals can transact with the assurance their currency’s value will not fluctuate.

The new e-store is a notable milestone for the brand name, which is on observe to roll out its entire network in the 2nd 50 % of this year. It marks an fascinating action for Havven as it gives the 1st tangible case in point of the potential of electronic revenue.

Havven founder, Kain Warwick, suggests: “Havven was started on the perception that the upcoming of digital funds is a steady and scalable cryptocurrency. Numerous credible organisations in our marketplace share that see, and have verified as a great deal by backing our task in a important way. Common merchants and consumers need to have more tangible motives and experiences to consider that cryptocurrencies are substantially far more than just a keep of value.

“By opening the world’s initial e-keep to only settle for payment by stablecoin, we can commence to bridge that hole and demonstrate the usefulness and efficiency of our platform. These really early transactions will also make it possible for us to review and strengthen on the network in a controlled capacity forward of launching comprehensive community capabilities in the coming months.”

Area and intercontinental prospects with eUSD will be able to obtain a selection of Havven-branded T-shirts, extensive-sleeve T-shirts, and hoodies. The shop will also make it possible for buyers to pre-purchase Havven-branded TREZOR components wallets, and will be adding a wide range of remarkable new objects to the retailer shortly.

The eUSD forex will be adopted by the start in July of the formal Havven stablecoin, nUSD, which will be the initially nomin to be backed by havvens (HAV), the collateral token in the Havven network. As this rolls out, Havven will give participants the opportunity to redeem their eUSD tokens for nUSD.

To store at the Havven keep, users will have to change Ether into eUSD.  For the very simple ways on how to do this, go to: https://blog site.havven.io/how-to-make-a-purchase-in-the-havven-estore-7a1dd512739c

For far more information and facts, a demo of the retail store, or an job interview with Kain Warwick, you should speak to:

Maria Kaladze| [email protected]

About Havven

Havven is a stablecoin and decentralised payment network that is doing work to the mainstream acceptance and use of cryptocurrencies in everyday transactions – for which balance is crucial. The Havven platform employs two tokens to accomplish stability. The worth of the havven token (HAV) presents the collateral for the system. The nomin token is the stablecoin backed by the price of havvens, and is the token that would be used for transactions. The nomins are issued by havven holders who lock up their havvens as collateral. Any transactions operated with nomins distribute fees to havven holders, gratifying them for managing the supply of nomins to give a steady value of USD$1. As additional people use nomins for transactions, the value of havven tokens will boost due to the higher charges created.


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