British-registered company Bonpay showed the second largest market advances over the weekend with an 80% rise in BON value, putting it up into the top 500 cryptocurrency ratings at #441. The team of crypto and blockchain enthusiasts launched the Bonpay card and wallet Dapp concept in an October 31st crowd sale, with some live features already available.

Within two weeks the project had raised its first 20,000 ETH (estimated then at $6m), and was aiming at a 50,000 ETH goal. Full platform functionality is not scheduled until 2020, but the project is already under way and gaining momentum. On Sunday night, February 18th, there was a huge market spike and the value jumped up to $1.71, but is now back down to somewhere over the dollar. This might be attributed to anticipation of new developments.

The Bonpay Card is now available for pre-order and will be a flexible solution, based on Ethereum ERC-20 tokens, that enables a seamless transfer of funds, both fiat and cryptocurrencies. The card can be used for online and physical purchasing in 130 countries, as well as withdrawals at worldwide ATMs. In tandem with the Bonpay Wallet, the system offers a simple yet secure system even for the crypto novice.