jfGi, a Cape Town-based cryptocurrency startup, has launched a new platform it believes will simplify the process of transacting in bitcoins and generally the Cryptocurrencies trading.
jfGi, which stands for ‘just for Getting it,’ says it has linked users’ Twitter usernames to their public Bitcoin addresses. That means users will not need to remember the long alphanumeric string that can reach up to 35 characters.
When a user wants to send Bitcoin to another user, all they need is the recipient’s jfGi link, and click on it once, then send the money.
“jfGi simplifies and demystifies receiving Bitcoin payments for anyone, anywhere on any mobile device in the world with just one click. It really is a case of clicking on an easy to remember jfGi.cc link and you’ll be transacting on the Bitcoin blockchain,” said Rafiq Philips, the founder of jfGi.
The startup used just Twitter, its crowdsourcing and open source business design principle, the platform’s first user – the jfGi 100 – was able to get more people requesting for the new features and share the idea of jfGi. The platform now has over 100 users, and their jfGis have been clicked more than 16,000 times.
“I’m blown away by the various use-cases from schools using jfGi for Bitcoin fundraising to twitter users collecting Bitcoin tips from their followers. The feedback we’ve received and numbers are testament that consumers were ready for this,” added Philips.