Reddit Challenges Community to Prove Demand for Bitcoin Ad Payments
Reddit has issued new statements suggesting that it is currently conducting a trial to determine whether to integrate bitcoin payments more fully into its overall marketing strategy. In a post on the bitcoin subreddit, a moderator informed the community that one of its advertising partners, BuySellAds, is now accepting bitcoin payments, and that Reddit's marketing team intends to actively monitor the support its partner receives as it looks to follow a similar strategy. Reddit strategist Dylan Hulser wrote: "You can demonstrate a desire to buy advertising on Reddit with bitcoin. We'll be....
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With the new integration, Reddit users will be able to purchase Ether from supported Reddit apps via FTX’s payment and exchange infrastructure platform FTX Pay. After moving away from Bitcoin (BTC) payments years ago, online forum Reddit now seems to be inching closer to embracing cryptocurrency payments via a new partnership with the FTX exchange.Sam Bankman-Fried’s crypto exchange FTX and Reddit announced in a joint statement on Tuesday that the platform intends to integrate Reddit’s Community Points in the United States, the European Union, Australia and other markets.The partnership....
Technology retailer TigerDirect has announced that it is now accepting bitcoin payments via its Canadian e-commerce portal TigerDirect.ca and on all of its tablet and mobile websites. The company first announced that it would take bitcoin payments in January. At the time, TigerDirect said it was interested in offering its customers innovative methods of payment. Since then, TigerDirect has reported more than $1m in bitcoin-denominated sales as of early March. TigerDirect is partnering with BitPay for the Canadian rollout, according to a statement from the company. Steven Leeds,....
A new server at social sharing website Reddit hasbeen named in honor of Satoshi Nakamoto, the pseudonym for the person/persons behind the idea and creation that is Bitcoin. The community decided on the name on the exclusive /r/NameAServer subreddit, which allows community members (those who have paid for Reddit's premium service, Reddit Gold) to pick names for new servers being put online as Reddit continues to grow and require more hardware. "I agree with Satoshi. I wouldn't have been able to buy my 36 months that I bought yesterday if it weren't for Bitcoin, but calling it "Bitcoin" is a....
Reddit has announced that its merchandise store, RedditMarket, is now accepting bitcoin. Coinbase will process users' payments on the platform, which sells a variety of Reddit paraphernalia, including a $142 plush toy of the site's mascot, Shoo. Reddit's decision was well-received on Twitter, although some users expressed their wish for RedditMarket to accept other altcoins such as dogecoin. When the announcement was posted on Reddit it attracted a positive response from seemingly excited bitcoin aficionados. The news comes a couple of months after Reddit's cryptocurrency engineer, Ryan X....
The popular forum and news aggregation web portal Reddit has revealed the firm’s Community Points beta program where Reddit users can “own a piece” of their community with “custom tokens” for subreddits.
Blockchain-Backed Reddit Community Points: ‘The First Step Towards a Different Future for Online Communities’
At the end of July, Reddit announced that the platform’s Community Points system would leverage the Layer 2 (L2) protocol Arbitrum. This week, Reddit revealed a new website that features the Community Points beta....