Starts Accepting Bitcoins

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The first peer-to-peer online 3D model marketplace, CGTrader, has widened its range of payment possibilities. Clients can use bitcoins to pay for purchases from now on.

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'Bitcoins and CGTrader have the same liberal and democratic philosophy behind them,' said Marius Kalytis, CEO of CGTrader. introduced digital currency to their clients as an alternative payment possibility. 3D design professionals who meet and make business on this marketplace can use digital currency instead of banks or money transfer services. Sellers can create a digital wallet on CGTrader and receive bitcoins as payment for their models.

Marius Kalytis, the CEO of the goal of accepting bitcoins is to make payment system more liberal and give users more ways to pay for their purchases. “Accepting bitcoins 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,” said Marius Kalytis, CEO of CGTrader.

It will be the first immediate payment method on this 3D model marketplace. CGTrader had become another marketplace where customers can use this emerging digital currency. Bitcoin payment system was introduced as open source software in 2009.

Buyers could choose from standard payment alternatives on CGTrader till now. They could use PayPal or Skrill accounts to pay for purchases. Bitcoin widens the range of payment possibilities as it is the only one possibility to pay using digital currency.

About CGTrader:
Community-based 3D model marketplace was founded in 2011. CGTrader has been built with the vision of democratizing the 3D modeling and 3D design market. It There are more than 54,500 3D models uploaded to the digital library and more than 48,500 registered users, uniting 3D modeling professionals from all around the world. It is backed by Practica Capital, a seed fund based in Vilnius, Lithuania, and Intel Capital, a venture capital fund.

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Marius Kalytis
CG Trader
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