# Digifox

Digifox - Get paid in crypto and earn interest like never before

## Elevator pitch
Digifox allows everyone in the US to receive a portion or all of their income in the form of popular cryptocurrencies, like bitcoin, irrespective of their employer. You can get paid in bitcoin, ethereum, and litecoin, all while earning up to 5% interest annually on your crypto assets.

- Canonical URL: https://wefunder.com/digifox
- Entity ID: wefunder:company:60299
- Last updated: 2026-06-23T05:01:28Z
- Generated at: 2026-06-23T07:58:09Z

## Quick facts
- 📈 Founded by the creator of DataDash, one of the top crypto YouTube channels with 500,000 subs
- ✔️ Our app is fully built and live on both iOS and Android with 30,000+ downloads
- 💱 Q2 is our goal for Digifox to allow anyone in the US to receive a portion of their pay in crypto
- 💰 We generated over $350K in revenue during our first year & managed $7.5M AUM over the past year
- 👨‍💻👩‍💻 Digifox is 21 members strong and growing
- 💭 Advised by Zeb Evans, founder of Clickup.com & John DeVadoss, architect for .NET at Microsoft
- ⚡ DataDash is ready to promote Digifox day one, giving exposure to over 200,000 weekly views.
- 📢 Digifox has an influencer network of over 1+ million followers, giving us great reach from launch

## Active fundraises
- wefunder:fundraise:42742: 4(a)(6) successful (USD)
- wefunder:fundraise:34465: 4(a)(6) successful (USD)

## Story
At current inflation rates, $1000 today will be worth $496 in ten years.Inflation is a clear and present crisis. And for the past few years, the headlines have been flooded with stories of celebrities opting in to get their salaries paid in crypto - as an inflation hedge. However, there wasn't a way for everyday people to do the same. We aim to change that.Many people, including celebrities, musicians, and athletes have turned to cryptocurrencies, like bitcoin, as a means to hedge inflation by receiving their pay in crypto. For example, if you were to get paid $200 of your salary in the form of bitcoin every two weeks, for two years (starting in December 2019), your original income of $10,600 would have grown to $40,000, a near 4x of the original amount invested.However, this ability to get paid in crypto has been mainly exclusive to high-level individuals. And on top of that, the vast majority of employers have yet to integrate a payroll solution that allows their employees to get paid in crypto. That is, until now...Get Paid In CryptoDigifox will soon give everyone in the United States the ability to receive their income (or a portion) in the form of cryptocurrencies, irrespective of their employer. With Digifox, you can receive a portion of your pay in bitcoin, ethereum, and litecoin, all while passively earning up to 5% interest on your assets. That's right; Digifox will be the first app that allows you to both get paid in crypto and immediately deposit it into a yield generating account, compounding your crypto holdings over time with ease.How Do We Do It?First, we start with the fun stuff. You'll initially be asked what dollar amount of your payroll you wish to receive in the form of crypto, what coin(s) you'd like to be paid in, and the percentage allocation of each coin, if you end up selecting more than one.Second, you will then be requested to provide some essential details, in order for our partners to conduct proper identity verification (KYC or know-your-customer), which is required by law.And finally, once you're approved, it's time for the final step. By this point, we've generated a unique bank account, just for you, that you need to share with your employer in order to receive funds to your account. Whether by means of using your online payroll service provider or emailing your HR department, you share the essential banking details and dollar amount, and if they receive it properly, you should be all good to go. To put it simple, any dollars that arrive into your GPIC bank account will be converted into crypto.Our CEOHow Do We Stand Out? Digifox is focused on excelling in areas where others fall short. We provide world class customer support to our users, interest-earning capabilities allowing those who get paid in crypto to earn up to 5% interest on their crypto assets, and the ability to get paid in more than one crypto, allowing them to diversify their exposure to crypto.Go-To Market StrategyWith immediate exposure to an audience of over 500,000 subscribers, Digifox will have a great launch pad to bring in users to Get Paid In Crypto. And we'll accelerate early adoption even more by tapping into our network of influencers, launching a passive referral income program post-launch, and eventually scale to hundreds of thousands of users through our employer program, where we'll work to streamline offering crypto payroll for employers eager to provide this service to their employees.TractionThe Future AheadAt Digifox, we're always thinking about the rode ahead and how we can improve upon our existing features.IRA AccountsIndividual Retirement Accounts (IRAs) could serve as rocket fuel to take Get Paid In Crypto to the mainstream. IRAs give US citizens the ability to contribute $6,000-7,000 of their income each year into a tax-deferred account, freeing them of the short-term worries of income taxes, as well as capital gain taxes on any sales or trades they make.We've already begun conversations with IRA partners, and are targeting to offer this capability to our users in 2022 to make Get Paid In Crypto as simple as possible.Smart GPIC*Official launch date to be determinedGet Paid In Crypto (GPIC) offers everyone the ability to get paid in crypto. And while this is great, we want to make sure our users have the ability to go beyond that, maximizing their potential returns, while also mitigating risk.Smart GPIC will utilize a set of input parameters which determine when it’s an optimal time to get paid more or less in crypto. These parameters include market sentiment and models based on on-chain analysis.More details will follow in the coming months.

## FAQ
1. **Hi Nick, I'm unable to find the app on App Store nor does the link on the website to download work? You mentioned that it is beta right now, Can I get access to the Test Flight link?**
   - Hey, Rohith! So far, we're planning to launch the app live on both iOS and Android on June 15th, at the same time we launch the public portion of our equity crowdfund. I'd be happy to provide you with a link to the TestFlight version in the meantime. Please contact us at corporate@digifox.finance with a request, and we'll send you a link as soon as possible.
2. **Hello, How you come with $15 and $18 Million Valuations ?? You have $0 revenues so i am trying to understand the justification for the valuation.**
   - Hey, Sagar. There are five elements that played a key role in determining our valuation: 1. We've built a market-ready app for both iOS and Android. 2. We have thousands of pre-registered users for the app. 3. Rather than providing one single service, we provide a range of different services, giving us higher revenue potential. 4. I'll personally be sharing the app on my YouTube channel, bringing Digifox to an audience of over 344,000 subscribers. 5. Our customer acquisition cost is extremely...
3. **Hi Nicholas, With the Digifox debit card, does the user receive an actual physical debit card? How are the crypto currencies available on the platform chosen? Thanks, Kevin**
   - Hey Kevin, great question! So at the moment, our current goal is to offer a virtual debit card from within the app during the earlier part of the summer. However, between the summer and fall we're looking to start issuing our physical debit card. This will allow you to spend funds directly from Digifox at a wide range of VISA merchants across the US (More regions will be available as time progresses). Initially, you'll be able to spend USDC, ETH, and any other ERC-20 tokens. This is due to th...
4. **Hi Team, A few key questions: 1. Fees. 1.1 What will be the fee% for the user to purchase for instance BTC or USDC from the platform? 1.2 What will the fees be to transfer money from one country to another? If the transfer is from one fiat currency to another, what will be the...**
   - Hey Melvin, 1.1 Bitcoin purchases will be available soon after launch. If you want to purchase ETH or any other ERC-20 token, we charge a flat $0.50 per trade, no matter the amount. This will change soon after launch to a fixed 0.49% on total trade volume. 1.2 To send money from one Digifox account to another, it costs no more than $0.15 per transaction. When it comes to off-ramping that capital, that will depend on how you go about doing it. As time progresses, more locations will either be ...
5. **Hey - can you please elaborate on the lending and borrowing activities? Is this for the consumers? Does this explain how people will be able to get 7% on their savings? What interest rates are you targeting for lending and borrowing? Lastly, can you please tell us some items t...**
   - Hey Raymond, So when we refer to lending or borrowing activities, we're discussing two types of services that are focused for consumers and institutional players. Lending providers, like Celsius, allow users to deposit their USDC & other forms of crypto to earn interest. At the current moment of writing this, Celsius is paying 8.69%. Like most rates in the world, it's variable, meaning sometimes it can be lower or higher. On the flip side, borrowing providers tend to be the same companies...

## Team
- Nicholas Merten (Founder & CEO)
- Hope Anderson (Head of Operations, Client Success, & HR)
- Konrad Mainzer (Lead Engineer)
- James Head (Product Manager)
- Jana Petkanic (Business Development Associate)
- Julius Lattke (Lead UX Designer)
- Eugene Fernandes (Marketing Manager)
- Zeb Evans (Technical Advisor)

## Q&A
- Q: Hi, I don't see the 15.3M valuation of Digifox. Digifox has $0 revenue. Even you have a market-ready app for both IOS and Android application, this doesn't mean Digifox will be successful. A+
  - A: Hey Tan, here are the key values we used to determine our valuation. 1. As you mentioned, we've built a market-ready app for both iOS and Android. 2. We have thousands of pre-registered users for the app. 3. Rather than providing one single service, we provide a range of different services, giving us higher revenue potential. 4. I'll personally be sharing the app on my YouTube channel, bringing Digifox to an audience of over 344,000 subscribers. 5. Our customer acquisition cost is extremely low, giving us the strategic ability to scale from less capital, and focus on implementing new features at a more frequent pace. Hopefully this clarifies things. But just speaking to your concerns earlier, if revenue is essential, we unfortunately haven't generated any yet, as our official launch is set for June 15th.
- Q: Hello Nicholas, I like the idea and have no doubt you'll be able to promote it to a wide audience. However, you have very few engineers and reading some of the questions, there seem to be some technical issues with the new app which doesn't surprise me as I'm a software engineer... My question is, what stops me or anyone else with the starting capital from hiring 16 or 64 engineers, partnering with the same technology providers you use and making an app like yours but faster and with higher quality.
  - A: Great question, Herman. This is my personal opinion, but I feel the same question could be applied to just about any industry, even segments of the crypto space. The real answer is vision. Startups tend to rise to success with the right team, gameplan, and roadmap. You can copy and paste a business model, toss endless amounts of engineers and cash at it, and get something off the ground. But you'll never be able to outpace the small group of people, working with minimal resources and drive that built what existed in the first place. I've seen it all too often when I worked in Silicon Valley, as well as during my time in the crypto space. Our vision differs from most in that we're constantly aiming to offer the best services at the lowest cost. We've had a few bugs at the start, I wouldn't deny it for a second 😄 But we just hired on our second developer and are rapidly scaling out the team with more like-minded individuals who share a real passion for bringing finance to billions across the globe. And so long as you keep that unique vision and company culture that are made up from the team members themselves, you have something that can't be truly copied in the long run. A bit philosophical, but I feel it's true.
- Q: Hello, How you come with $15 and $18 Million Valuations ?? You have $0 revenues so i am trying to understand the justification for the valuation.
  - A: Hey, Sagar. There are five elements that played a key role in determining our valuation: 1. We've built a market-ready app for both iOS and Android. 2. We have thousands of pre-registered users for the app. 3. Rather than providing one single service, we provide a range of different services, giving us higher revenue potential. 4. I'll personally be sharing the app on my YouTube channel, bringing Digifox to an audience of over 344,000 subscribers. 5. Our customer acquisition cost is extremely low, giving us the strategic ability to scale from less capital, and focus on implementing new features at a more frequent pace.
- Q: Why do we need a lead inverter at 10% of our profits seems a bit expensive considering I invested without one. Is his $4000 investment not enough. Have you done any updates on digifox as yet, having a lot of issues with getting back into the wallet. And do living in the UK affect my investme t in anyway? I can reconfirm my deposit once I no more. all in all good idea
  - A: Hey Nicholas, happy to clarify this: The 10% of profits comes into play not during this campaign, but if there is a profit from the investment (like an acquisition or IPO). As an example using simple math, if Digifox was sold for $100, and Wefunder investors as a whole owned 10% of it, they would be entitled to $10 of that profits. Then, the custodian and lead investor would take 10% (so $1) and the remaining $9 would go to Wefunder investors. This set up mimics carried interest/Partners in a Venture firm. Typically there will be a partner at the firm who leads the investment round, and is entitled to carried interest (typically 20% of what's invested) as payment for acting on behalf of the investors. There are a few reasons why this set up makes sense for investors: 1) It makes it so that someone acts on behalf of the Wefunder investors and is financially motivated to represent them (via their own investment in the company, and the additional profit sharing). 2) It means that all of the investors can be bundled into one line on the company's cap table, which will make it significantly easier to raise future rounds of capital. Put simply, this is a standard required by WeFunder for all crowdfunding campaigns that we have to follow, and thought it can be seen as a negative, it can also be a positive in order to make sure John properly votes on behalf of the crowd and helps to scale out Digifox. For updates, we're constantly putting posts on social media, talking to customers through our built-in support chat, and will be working on writing a blog post at the end of the month that we plan to distribute here on WeFunder! We've already got thousands of users and we've worked out many of the issues users were having at the start. If you're struggling to get into your wallet, please, reach out to us at https://digifox.finance and our team will help to resolve any issues you're currently dealing with! We hope you'll join us in this journey, and apologies for any of the confusion.
- Q: Is there an option to remove phone numbers and use Authenticator-apps to avoid SIM-swap attacks?
  - A: Hey Oliver, great question! We've had a few users mention this, and will work towards integrating this as soon as possible. Security is a top priority of ours at Digifox. Thank you for supporting us as well, we're happy to have you on board!
- Q: I am in the USA can I invest? Thank you for all you in the Crypto World for us!!!
  - A: Hey Vito! Yes, US citizens can participate in the round! We'd love to have you on board, and thanks so much for the kind remarks.
- Q: 1) From what I can tell, the prior focus was on being a crypto wallet, but the company has now pivoted to making GPIC its primary business, correct? 2) When will we be able to see your financials for 2021? 3) More than a year passed without any investor questions being answered, nor does it appear that there were any updates from the company. Are you willing to commit to at least providing quarterly updates going forward?
  - A: Hey Kevin! 1) That's correct, Get Paid In Crypto (GPIC) will be our primary business focus. 2) We unfortunately won't be able to pursue the 2021 financials for this raise, mainly due to time constraints. We do plan to pursue them in the near future though. 3) Yes, we're aiming to a much better job this time around with Wefunder updates, whether it be smaller updates every month to quarterly updates that cover major shifts/updates in the company. Last year was difficult with the wave of technical debt we dealt with, and my #1 priority at the time was getting things resolved, which I'm confident to say we did. Hope this helps clear up any questions.
- Q: Hi Nicholas. Do you know about accounts recovery problems of Digifox?? I can't access my funds because your app makes a front-end error and your support team suggest me delete Digifox and reinstall recovering my account. Then, I couldn't access any more!! Verification email arrives to me, verification sms arrives too but recovery process explodes. Can you help?! Please, I don't want to put bad comments on play store.
- Q: Hey Nicholas, I downloaded the app and it says "waiting for wallet activation" due to network congestion, we need to manually create your wallet, to help reduce costs. Your wallet will be ready to use in 24 hours." It's been about 3 days and it's still showing a wallet that keeps going in circles with the same message as above. I even deleted the app and then reinstalled it a day later and it's still giving me the same message. Any recommendation on how to get this resolved? Thanks in advance. And, btw, I did invest 2K but honestly I reduced it to $1,500 when I couldn't even get the app to work.:{
  - A: Hey Christina, Nick here! I'm deeply sorry for the inconvenience on this. We've actually held off on new wallet generations due to the high cost of transaction fees on the Ethereum network. Unfortunately, we were hoping to just generate them during a time in the day when the cost was lower, but it's still too expensive to generate at any time of the day, so we're currently working on a long-term solution to this issue that will be implemented in early September. Again, apologies for the confusion on this, and if you ever need anything in the future or have a question, you can always reach the team and myself through digifox.finance or through the app directly. Take care, Nicholas
- Q: I have attempted to start using the app. It is not user friendly. Making a deposit is frustrating. Are you aware of these challenges and what is being done to fix them? Additionally I made a comment before but received no answer. Are you working on an informational page on the app. How to use it, what each feature is and how to optimize the experience? Until you do that the app is almost worthless. I will wait for one week, if there is no answer I am pulling my investment
  - A: Hey Brent, I'm sorry for the inconvenience on this. Nick here. We completely understand your frustration with making deposits. That's why we're making a complete upgrade to our banking/debit card on-ramp in August/September of 2020. Sadly, these limitations of poor user experience when making a deposit are due to the limited amount of deposit tools available on the market. We currently have our Help Docs section, built directly into the app. However, we're working on having an FAQ page on our site, doing tutorials, and featuring more community walkthrough material. Hope this helps, Brent! And sorry to hear about the confusion.
- Q: hi, i invested and got the contract. thanks! contract is not signed from your site. where can i send it to get it signed?
  - A: Hey Simon! Nick here. I think the signing on my end is done once we actually receive your investment. Currently WeFunder is holding it in escrow, and once we close the investment, I'll be able to sign it and you should receive an equitable copy of the contract. If you have any questions about this though, don't hesitate to reach out to WeFunder at hello@wefunder.com Thanks for supporting us, it means the world!
- Q: John Devados get 10 percent of what?
  - A: Hey Christian, happy to clarify this: The 10% of profits comes into play not during this campaign, but if there is a profit from the investment (like an acquisition or IPO). As an example using simple math, if Digifox was sold for $100, and Wefunder investors as a whole owned 10% of it, they would be entitled to $10 of that profits. Then, the custodian and lead investor would take 10% (so $1) and the remaining $9 would go to Wefunder investors. This set up mimics carried interest/Partners in a Venture firm. Typically there will be a partner at the firm who leads the investment round, and is entitled to carried interest (typically 20% of what's invested) as payment for acting on behalf of the investors. There are a few reasons why this set up makes sense for investors: 1) It makes it so that someone acts on behalf of the Wefunder investors and is financially motivated to represent them (via their own investment in the company, and the additional profit sharing). 2) It means that all of the investors can be bundled into one line on the company's cap table, which will make it significantly easier to raise future rounds of capital. Put simply, this is a standard required by WeFunder for all crowdfunding campaigns that we have to follow, and thought it can be seen as a negative, it can also be a positive in order to make sure John properly votes on behalf of the crowd and helps to scale out Digifox.
- Q: Hi Nick, I have a worry about your later fund raising activities. Can you guarantee that future investors pay equal or more per SAFE / Digifox stock than us who invest in Digifox today so that our investment in Digifox SAFE/stocks doesn't get diluted? Thanks :)
- Q: Dear Nicholas, 1. Is there a possibility of doing an prospective investor zoom conference? 2. Can you share your financial projections? Even though projections rarely match reality, it would let us evaluate your line of revenue/profit reasoning. 3. Other projects that, in my view, sound similar to yours (i.e. Crypto.com and Swissborg) have their own native token, to much success. Is this something you are planning to do? 4. On the SAFE contract, will we be allowed to participate pro-rata in subsequent rounds of financing to avoid massive dilution, if we so choose?
  - A: Hey Enrique! 1. It depends on ticket size, as we can't promise all WeFunder participants to do a call. Feel free to reach out to us at our support window at https://digifox.finance for more details to see if we can setup a call. 2. We originally made financial projections, but decided to discard the pitchdeck, because as you mentioned, they're rarely accurate until you have your first quarter or so of revenue. We're happy to announce that we already have +6,000 users on the platform and around $300,000 in deposits. 3. We're open to creating a token for Digifox, but have no official commitment just yet. Above all, we'd have to maintain compliant and make sure it makes sense for our users. 4. I can't commit to this, as I'd have to consult with my advisors on it. To my knowledge though, the terms of the SAFE are established as is. Apologies on the delay getting back to you, and thank you for the great questions.
- Q: Hi, Nicholas, As an investor from Europe, do we have to take any special actions to legally get the SAFE note (and eventually the stock equivalent)? Being a non-US investor with little experience in these series of rounds on investments, I wonder, basically, if it's the right step to take. Thank you for your work. JH
  - A: Hey Joao! Apologies for the delay on getting back to you on this. To be completely honest, I'm not 100% certain. I highly recommend reaching out to the support team at WeFunder through hello@wefunder.com as they've been a major help for our investors in clarifying questions like this. From my understanding, you shouldn't have to take any additional steps, but it's best to check with them. In the meantime, if you need anything from my end, don't hesitate to let me know.