We launched the LEO Marketplace and Merchant programmes in Hawaii on 22nd January and we have already seen more than 9,500 Merchants from all corners of the globe register for this ground-breaking programme. This is an important initiative that will strengthen the ecosystem of the LEOcoin community. The strategy is to democratise the LEOcoin and give it mass market appeal and it is in this context that we continue to maintain our transparency so that Merchants can see LEO is a real company supporting LEOcoin and that it is a cryptocurrency of substance.
We are encouraged by the recognition that this is of significant value to Members and Merchants in both the short and long term. The short term bonus for completing KYC and the long term residual income stream that the 1% commission on all Merchant transactions conducted in LEOcoin, are powerful messages.
We have noticed some well recognised names on the registration list, but the greatest number of registrations are the small family run local businesses because they get the greatest value.
As you can see till today how much merchant will take LEOcoin as payment after leocoin start on leoXchange!