Dear CannaSOS users and members. In 2017, we decided to pivot the company to the cryptocurrency and blockchain industry in order to solve the financial challenges faced by the cannabis and hemp industry.
In 2019 we launched PTPWallet, we’ve been expanding that and have seen a lot of success. In 2022, we launched IndexPairs, a cryptocurrency exchange. We’ve also been seeing a lot of success with it and have become more clearer as to our vision with CannaSOS.
On September 25, 2022, we launched PTPShopy, the final step of the project. PTPShopy is also part of the PTP ecosystem, but is a Paypal-like platform for businesses such as e-commerce websites, SaaS platforms, and can even be used by dispensaries and clinics.
This project has taken up a lot of our resources, manpower, and time, and because of this, we haven’t really been updating CannaSOS throughout the past several years. We’ve been monitoring it and conducting slight stability updates, but haven’t really done much with it. CannaSOS as a whole was essentially operating as a non-profit platform. The platform was bleeding money and with no effective route to generate revenue.
Because of this, we have made a decision. As one of the initial Co-founders of the platform, and someone who helped expand this platform and fill it with content & useful information, it’s imperative that the decisions we make will positively impact the future of the company, the project, and the userbase.
We have come to the conclusion that we will be assisting the industry in a new way. A fresh way. The CannaSOS platform will shut down, the domain will be active, and incorporate PTPShopy, the platform that will takeover. Essentially, CannaSOS will aim to become the main payment gateway for the cannabis and hemp industries.
CannaSOS as a whole had a lot of potential, and in some areas, it even achieved that potential, but this is something we need to put on hold and revisit in the future.
A large thank you to our members, users, and large community. Thank you for your support and interest these past several years. It meant a lot to us and our team, and we hope that you understand the decision we have made.
Thank you. Below you will see more information on what PTPShopy is, what it can be used for, and of course – just like CannaSOS – the platform is free to use and register on.
Co-founder of CannaSOS
Enable crypto payments for over 400+ cryptos through several popular wallets and exchanges, as well as bank transfers with our user friendly and seamless payment interface.
The lowest in the industry! Save on fees!
Crypto volatility never affects settlements; always get $100 for your $100 product
Eliminate chargebacks. Enjoy frictionless sales and no fraud or ID theft.
1-Click checkout with no redirects
Merchants and partners alike can easily implement PTPShopy into a shopping cart, website, or software application
Manage your funds, send invoices, and track
Integrate your website with Shopify or WordPress and other platforms
Get paid via SMS, Facebook, WhatsApp, and more
Set up an API with IPN (Invoice Payment Method) to accept crypto payments
Set up a donation widget in minutes on your preferred platform
Protect your player’s identities & save up to 95% on transaction fees
Accepting payments in cryptocurrency is a great way for a business to attract new customers. People using Bitcoin and other digital assets are more likely to make purchases from companies that accept these forms of payment.
Here are some of the specific benefits of using cryptocurrencies in your e-commerce business:
• Minimal transaction fees
• Can open a new segment of customers
• Accept crypto payments and take advantage of this growing market and rising demand
• Thanks to PTPShopy and PTPWallet technology, every crypto transaction is masked from the public.
PTPShopy is our global crypto payment gateway, made simple and accessible to everyone – regardless of whether you are a business owner or a crypto user. PTPShopy is a product of Core State Holdings, Corp.. CSHC is a software development company based in Ontario, Canada, and has been operating since 2014.