North American Bitcoin Car Giveaway to visit Lee Road

The North American Bitcoin Car Giveaway Tour (NABCGT) will visit Lee Road’s Bitcoin Boulevard US on July 19 and 20. The tour, which is hosted by Kryptoz Inc. and, is yet another way in which Lee Road businesses expect to benefit from becoming early adopters of the digital currency.

Between June 6 and Dec. 6, participants can obtain free entries in the giveaway of the Bitcoin Car—a brand new 2014 Kia Soul—or $10,000 in Bitcoins by “liking” the Facebook page,, and signing up at

The Bitcoin Car will be on display outside of the following Bitcoin Boulevard US locations on July 19, from 5 to 10 p.m.: Revive, 2248 Lee Road; The Tavern Company, 2260 Lee Road; Shawn Paul Salon, 2265 Lee Road; The Wine Spot, 2271 Lee Road; Mitchell’s Chocolates, 2285 Lee Road; and Sweetie Fry, 2307 Lee Road.

On July 20, the Bitcoin Car will again be on display on Lee Road from noon to 4 p.m. Then the car will visit other locations in Greater Cleveland.

Local Bitcoin consultancy CoinNEO, brought the tour to Greater Cleveland. Nikhil Chand, Cleveland Heights resident and CoinNEO founder, said, “Our Bitcoin Boulevard US initiative has succeeded, and we continue to attract new visitors like NABCGT to our city as a direct result. CoinNEO and NABCGT share a common goal in raising awareness about Bitcoin technology. I am elated to showcase Cleveland to broad new audiences, and of course I hope someone from Cleveland wins the prize!”

Chand led the efforts of several businesses in the Cedar Lee Special Improvement District to become Bitcoin Boulevard US, the nation’s first organized merchant community offering Bitcoin as a form of payment for customers. The public relations effort has garnered attention from news media around the world, including Newsweek, NPR, and Fusion TV.

Bitcoins (aka BTC) are digital currency units, transmitted over the stateless and global payment network. The Bitcoin network validates all BTC transactions, eliminating the need for third-party private banking institutions. Businesses pay 1 percent or less in transaction fees, and have the option to settle Bitcoin revenues in dollars, bitcoins or a percentage of both.

Additional contest details, tour dates, and locations are available on the Kryptoz Facebook page.

Rebecca E. Groynom

Rebecca E. Groynom was born and raised in Cleveland Heights. She works for CWRU, and contributes her photography and writing to various food, travel, and technology blogs.

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Volume 7, Issue 8, Posted 10:59 AM, 07.15.2014