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Mercari, a leading online community marketplace in Japan, plans to introduce Bitcoin (BTC) as a payment option for its platform users by June 2024, a report from Japanese media outlet Nikkei confirms. According to a report in Japan’s Nikkei, Mercari — an online community and marketplace — will allow users to pay with Bitcoin at the final stage of purchase. In addition, Mercari will allow users to convert their loyalty points to Bitcoin, linking its main platform with its digital currency trading service. As one of Japan’s top online shopping platform s, the development allows users to transact with Bitcoin via the app, with prices still in yen, while leveraging the digital currency trading services provided by Melcoin, Mercari’s fintech subsidiary. You might also like: Spot Bitcoin ETFs issuers get final deadline to change applications Mercari, which began in 2013, is Japan’s biggest platform for second-hand goods, with a user base of 22 million customers per ...

Delve into the insightful experience and views of Pete Townsend, a renowned figure in the startup and Web3 ecosystem. As an integral part of Techstars, a global seed accelerator known for its significant investments in over 250 Web3 startups, Pete Townsend offers a unique perspective on what it takes to succeed in this rapidly evolving space. His expertise spans from identifying promising startups for accelerator programs to fostering entrepreneurial success through tailored mentorship. With a keen eye on the latest trends and the ever-changing landscape of technology, he shares his thoughts on various aspects of Web3, including gaming, fan platforms, stablecoins, and the importance of a robust startup network. Cointelegraph: Techstars has invested in more than 250 Web3 startups, with Chainalysis, valued at $8.6B, and Arweave being some of the standout names. Can you shed some light on the core criteria you consider when selecting startups for your accelerator programs? Pete Townsend:...