Iconic Lab, a global blockchain venture capital group, today announced that they have invested in the crypto adoption platform, Captain Bitcoin. The company claimed that they got 30,000 verified users onboard in the first 30 days of the website’s existence. Iconic blockchain which is also an accelerator program announced that Captain Bitcoin is ready to finalize its MVP and will give away $1000 BTC every day in return for users consuming content.
Captian Bitcoin is set to launch later this year. Investment from the blockchain venture will be used to finalize the MVP of Captian Bitcoin. The company also mentioned that it would provide CAPT tokens to ICNQ token holders.
Users would earn CAPT tokens by consuming content on the website, and depending on how much tokens a user has collected, he will be enrolled in the daily withdrawal and could win up to 1000 dollars in bitcoin. The company claims that there are weekly, monthly, and annual draws for users.
Harsh Jani, CEO of Captain Bitcoin, said that there are not enough platforms that drive bitcoin adoption and give the cryptocurrency to the new users and Captian Bitcoin aims to achieve that. The CEO confirmed that the company would not hold any ICO but will issue its CAPT tokens. The tokens would work in a leaderboard scenario whoever tops the list would get the $1000 BTC.
Patrick Lowry, the Managing Partner of Iconic Lab, said that everything they do at the company is to drive the adoption of crypto assets and blockchain. He believes that the most challenging thing is to put bitcoins in the hands of users and make them aware of real and well functioning blockchain products.