Leading Blockchain Group to Acquire Flubit.com to Launch World’s Largest Cryptocurrency Integrated Shopping …

LONDON–(BUSINESS WIRE)–Today Flubit Limited, the 7 year-old eCommerce start-up (and winners of
the prestigious Web Summit competition) have announced that the rights
to the Flubit.com marketplace have been acquired by the prominent
blockchain record organisation MonetaryUnit.

The vital preference suggested today will see MonetaryUnit lead the
destiny operations and expansion of Flubit.com, with a perspective to integrating
their asset-transaction record – enabling over 500 cryptocurrencies
to be spent on millions of consumer goods. Consequentially, Flubit.com
will turn the world’s largest selling marketplace dedicated to the
acceptance of cryptocurrencies.

In a pierce that sees the continued arise and adoption of decentralized
blockchain technologies into our daily lives, Bertie Stephens, who
co-Founded Flubit.com with Adel Louertatani believes the understanding reached
between the two parties will offer their sell sellers a new entrance for
business growth. “This agreement is a big win for our stream and future
sellers. MonetaryUnit have shown us there’s a new and abounding untapped
marketplace of business who are looking to spend their digital resources in the
same way they would their normal fiat currency. This allows us to
lead our sellers safely and risk-free into this rising market,
lenient them to reap the advantages with reserve in the believe they
need only understanding in bruise sterling”.

Flubit.com now hosts more than 71M branded consumer goods, making
it the largest eccentric marketplace for products in the UK. Launched
in 2012, Flubit Limited has helped beget over £100M in new business
for over 2,000+ purebred UK-based SME suppliers. As part of the deal,
MonetaryUnit’s Flubit.com will also be introducing supply bondage to
concede the register to be shipped worldwide.

Byron Barnard, owner of the MonetaryUnit Blockchain project, believes
the understanding is poignant in charity serve validation to facilitating
the merger rotate of Crypto assets. “We’ve been operative with
Flubit for over 18 months to make sure together we can offer a truly
ground-breaking project.

Flubit.com has had over 3 million cost unwavering shoppers through its
doors last year, permitting us a singular event to give even greater
resources that the use of cryptocurrencies will offer existent users. In
addition, the millions of crypto savvy users will have a real-world use
for their many different cryptocurrency land which has been a long
awaited diversion changer. MonetaryUnit’s prophesy is to make cryptocurrency
permitted to all and this proclamation is another poignant step in
the instruction to do our mission, and to make waves in the e-commerce
and Blockchain worlds.”

Over the summer months Flubit.com will bear a revamp to incorporate
the MonetaryUnit technologies and positioning; when finished sellers on
Flubit.com will have singular and approach entrance into the $270BN crypto
user base, where stream volume see over $10BN of resources purchased and
sole daily. Flubit.com will continue to concede normal transactions
too.

“A rarely committed and dedicated organisation enabled us to strech this point,
including the implausible subsidy and support of our shareholders”, says
Stephens. “This understanding is both a covenant to the years of hard-work
endured by so many, but also sees the first stepping-stone in allowing
the record and relations we’ve fake to not only continue to be
the eccentric personality in the UK, but worldwide too”.

Whilst the finer sum of the arrangement are not being expelled by
possibly party, Flubit Limited will continue to trade grow the B2B
business ‘SKU Cloud’, which gives opportunities for sell sellers to
sell opposite mixed channels.

About Flubit Limited
Flubit.com was founded by Bertie
Stephens and Adel Louertatani who were listed as two of Britain’s 500
Most Influential people by Debrett’s in 2016. Flubit.com is currently
the largest UK-owned marketplace for product availability. Hosting a
catalog of over 70 million products opposite categories including home,
garden, toys, books and electronics.

http://www.flubit.com

About MonetaryUnit
Founded in Jul 2014, MonetaryUnit ($MUE)
is a heading organisation within the Blockchain cryptocurrency marketplace with a
prophesy to make cryptocurrency permitted to all and boost adoption on
a tellurian scale. They already have mixed services live including
Muonium, StartMy, MUEX and MyMue.

https://www.MonetaryUnit.org/

Article source: https://www.businesswire.com/news/home/20180711005048/en/Leading-Blockchain-Group-Acquire-Flubit.com-Launch-World%E2%80%99s

Leave a Reply