Polkadot's Web3 Foundation announced funding for the on-chain cross-border payment project Satoshipay

Golden Finance reported that the Web3 Foundation under Polkadot announced funding for the on-chain cross-border payment project Satoshipay to support its development of the Vortex Fiat Currency/Cryptocurrency gateway service based on Polkadot on-chain. The Web3 Foundation has not disclosed the amount of funding, but Satoshipay revealed that it has raised approximately $850,000, with investors including Blue Star Capital and angel investor Alexander Wilke.

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RescueAccordingToFatevip
· 02-28 13:49
This is good news. Satoshipay's support from the Web3 Foundation indicates that the project has potential. The gateway services for fiat and Crypto Assets are quite crucial, as they can encourage more people to get involved. The future of DOT is promising.
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CarryingAHoeAndPlayivip
· 02-28 09:49
Web3 projects can be very profitable, but they are also prone to losses.
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