Mar.20, 2014

Peer-to-peer online 3D model marketplace, CGTrader, announced they will now accept Bitcoin for purchases on their site.

Sellers can create a digital wallet on CGTrader and receive bitcoin as payment for their models.

CEO Marius Kalytis said the goal of accepting bitcoin is to make payment system more liberal and give users more ways to pay for their purchases.

"Accepting bitcoin as an alternative way to pay for purchases is quite symbolic. It is a peer-to-peer digital currency, while CGTrader is a peer-to-peer marketplace. So, obviously, these two products have the same liberal and democratic philosophy behind them," Kalytis said.

The Community-based 3D model marketplace has now more than 48,500 registered users. And more than 54,500 3D models were uploaded to the digital library. It is backed by Practica Capital, a seed fund based in Vilnius, Lithuania, and Intel Capital, a venture capital fund.

Posted in 3D Design


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