Cappasity (CAPP), a decentralized AR/VR platform focused on e-commerce, announced Tuesday that it has been working on a new service that will allow investors to purchase CAPP directly within their accounts on the Cappasity platform using PayPal.

We launched Cappasity Wallet and since that time we have been working on a service that will allow users to buy $CAPP directly from within their accounts on Cappasity platform. Today we are happy to show what our internal exchange looks like. #blockchain https://t.co/oefkc7MA8D — cappasity (@cappasity) July 31, 2018

According to the announcement, the Cappasity team made the decision to launch the internal exchange service after conducting a business user survey that showed a high percentage of users not willing to use traditional exchanges to purchase CAPP.

The use of tokens is a barrier, since not everyone wants to learn about how to create a wallet, use an exchange, and purchase BTC or ETH. Many find it better to use PayPal even if they have to pay more. Then we realized that we needed to create an exchange service inside the platform.

The exchange functionality, which plans to launch sometime in August, is designed to be simple, enabling one-click purchases of CAPP that automatically charges users’ PayPal accounts upon confirmation.

Cappasity also announced plans for a staking reward system that provides certain bonuses for investors who store their CAPP on the wallet client. For example, those who store 150,000 CAPP will receive analytics access for a year. This staking is likely an effort to create liquidity for its new exchange system.

There is no indication at this time if Cappasity plans to expand its exchange services to include additional cryptocurrencies, but PayPal simplicity is something that many investors have been waiting for in the crypto space.

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.