Something Big Is About To Happen!!! African's First Online Store That Accept Bitcoin Only

Yes! We have been waiting for this for a long time. It's finally here - Africa’s first online store that accepts BITCOIN (Digital currency) as the only means of payment, SHOPNOW.NG, is set to launch the first and most affordable online store where Bitcoin can be traded for goods and services and exchanged with ease in Nigeria.

WHAT IS BITCOIN

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is perhaps best described as ‘cash for the Internet’, but Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence. Bitcoin is often referred to as digital cash, cryptocurrency, an international payment network, the internet of money etc – but whatever you call it, Bitcoin is a revolution that is changing the way everyone sees and uses money. The beauty of Bitcoin is that it requires no central servers or third-party clearing houses to settle transactions – all payments are peer-to-peer (P2P) and are settled in about 10 minutes – unlike credit card payments, which can take weeks or months before they’re finally settled.

WHY SHOPNOW.NG?

The E-Commerce industry has recorded massive growth in recent years in Nigeria and it's only just beginning as the world is gradually moving towards a new era of digital assets. Digital currencies are finding their way into the market and everyday a lot of people see them as an opportunity to store wealth and exchange value. Bitcoin is becoming more popular in Nigeria and today the country has the highest volume of Bitcoin transactions in Africa and according to google trends, Nigeria is the country that search the word “Bitcoin” the most on google.com in the whole world. Exchange companies has emerged to help Nigerians convert their Bitcoin to Naira and vice versa but there is a need that is yet to be met, there is a gap that is needed to be filled.... Nigerians need to be able to trade with their Bitcoin directly without having to convert it to Naira, Nigerians should be able to top-up their mobile phones and pay with Bitcoin without having to convert to Naira. This need, this gap, this vacuum is what SHOPNOW.NG has come to fill. Shopnow.ng is Africa's first online store that will accept Bitcoin as the only payment option and Nigerians will no longer have to convert BTC to Naira before getting the desired shirts, phones, computers, buy data, top-up prepaid mobile phones, etc they only need to visit shopnow.ng

WHEN ARE WE LAUNCHING?

The official launch, themed – “Redefining Online Shopping in Africa” is scheduled for Saturday, 29 July 2017 at Ruby Hall (2nd floor) 103 Allen Avenue Ikeja, Lagos.

It will host top investors, business owners and other brands from Nigeria and the rest of the world to discuss the potentials of digital currencies and how African entrepreneurs can leverage on the technology to make fortunes.

The website will not only be responsive, easy to use and very accessible but will have special features that will include: On-site live support, mobile app that will allow customers shop on the go and a page dedicated to enlightening people about Bitcoin and its importance, making it easy for people to understand the new currency and subscribe to it.

Top social media influencers including BISOLA (BBN first runner up), Nollywood actor and TV presenter, REKIYA YUSUF among others will also be gracing the launch, thereby creating awareness and publicity.

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