StruCalc Is Taking The Leap To Crypto
December 23, 2022|3 min readExciting news from the team here at StruCalc: we have taken the leap and will be accepting cryptocurrency as payment beginning 2023. We have partnered up with Flag Media to begin by accepting Flag Media’s Token (FLAG). Not only are we blazing a trail in the engineering software space by accepting crypto, we’re doing so at a great rate: FLAG token payments will be credited at 10% above market value.
StruCalc Will Now Accept Crypto
This recent partnership with Flag Media will allow StruCalc users to pay for their services using FLAG. The FLAG token is an Ethereum-based cryptocurrency which makes use of the popular Polygon ecosystem.
Cryptocurrency is a broad term for any digital currency that uses “blockchain” technology to securely record transactions. The future of cryptocurrency is bright given all of the benefits it affords over traditional institution-based payment processing. That said, there is still very little infrastructure built to allow businesses to easily accept cryptocurrency. That’s why StruCalc is excited to blaze the trail!
Cryptocurrency is a nascent technology full of potential, and the StruCalc team is excited to do our part with the help of Flag Media!
How Can I Pay for StruCalc with Crypto?
In order to begin accepting digital payments as quickly as possible, there will be some temporary limitations that you should know:
- Cryptocurrency payments can’t be accepted in lieu of a form of payment. You’re free to pay ahead using cryptocurrency, but our system still requires that you have an active card or file for your subscription.
- Cryptocurrency can’t yet be used to make automatic recurring payments. Each time you would like to make a payment, you will have to reach out and initiate a new transaction.
That said, making a crypto payment should be pretty straight forward! Just reach out to our support team and let them know you would like to make a crypto payment. They will give you instructions and walk you through the process before applying a credit directly to your account.
The Future of Cryptocurrency in Structural Engineering
Our flagship software for residential and light commercial structural design has revolutionized the structural engineering space with its ease of use and features. We’re always working hard to ensure that it supports many iterations of local and international building codes—and now, we’re excited to pave the way for the future of finance and look forward to expanding support for cryptocurrency in the near future.
You can find out more information on pricing and features here, or even start a free 30-day trial. We regularly post to Facebook, Instagram, and Twitter, so be sure to follow us on our social channels for more updates as well!