Fold App

Today’s on-ramps and consumer experiences in crypto are complicated, expensive, and primarily built for speculators, traders, and investors. However, verified crypto users doubled in 2018 to 35MM, according to research done by Cambridge University.​ ​While this is impressive, we believe that the results would have been far higher if there were lower friction on-ramps for everyday consumers to participate without heavy regulatory burdens, waiting periods, and overwhelming and intimidating user experiences focused on trading. In fact, while only 8% of Americans own cryptocurrency, 25% would like to own some, and 50% would spend it on everyday purchases. ​

CoinShares recently invested in Fold, which is part of a wave of companies focused on building on-ramps to support the next wave of bitcoin adoption: mainstream consumers. Fold enables anyone to spend and earn cryptocurrency on things they do every day – hailing a cab, shopping online, ordering a coffee, and more. Fold seamlessly integrates cryptocurrency rails with traditional payment rails, rewarding everyone with up to 20% crypto-back for spending cryptocurrency or USD online or offline with Fold at their favorite retailers.

Apps like Fold and Lolli are incredible because they allow shoppers to get exposure to bitcoin without changing their everyday behavior.

Fold allows users to stack even more sats (up to 3-4% more) if they pay with bitcoin via Lightning.

I love Fold! Huge fan and user for years. The new “stack sats” campaign is brilliant. Can’t wait for Zcash support!

[Fold App uses] lightning to pay instantly in-store with bitcoin (anonymously) - pretty damn cool!

They've just started rolling out new features that allow you to not only spend sats, but earn too!

20% sats back at Amazon, Uber, and more.

I bought my morning coffee (and a breakfast sandwich) with #bitcoin thanks to
Fold App.

Stupid simple - no signups, no personal details, just send BTC to the address given and BAM - QR code!

You can buy your coffee with Bitcoin!