Micropayments Tool Dogetipbot Wins $445k From Investors
The team behind dogetipbot, the popular tipping tool for the alternative digital currency dogecoin, has raised nearly $500,000 in a seed funding round. The fundraising was led by Blackbird Ventures, a venture capital group based in Sydney, Australia. Additional investors, including angel investors Scott and Cyan Banister, also took part in the round. In total, $445,000 in new capital was raised for the project. Dogetipbot enables microtipping, allowing users of its service to pledge dogecoin tips that can then be redeemed for the currency. Users can tap dogetipbot when pledging money on....
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The creator of micropayments startup dogetipbot has announced he will open-source the payments tool, just over one year after raising $445,000 from Blackbird Ventures. In a post on his Facebook page obtained by CoinDesk, dogetipbot's Josh Mohland announced he will return the project to the bitcoin and dogecoin cryptocurrency communities, though the tone of his messages was at some times pointed when addressing its members. Mohland wrote: "I'll be open-sourcing dogetipbot and giving a friendly 'peace out' to cryptocurrency in general. Friendly is a nice way to put it, I think." Founded in....
Coinbase has officially launched a new micropayments tool that aims to provide websites and blogs with the ability to bolster revenue through online donations. Called Coinbase Tip, the feature enables the bitcoin services provider's wallet users to send micropayments to web publishers with just one click. To begin, the feature will be added to a host of popular blogs, including those penned by television personality Adam Carolla and bitcoin VC Fred Wilson. Speaking to CoinDesk, Coinbase CEO and co-founder Brian Armstrong acknowledged the recent upswing in interest surrounding bitcoin....
Dogecoin's humble origins would be all for nothing if it weren't for one innovation early-on that changed everything; the dogetipbot. In the booming Dogecoin subreddit, there was a call for a way to send dogecoins through the platform, similar to the ChangeTip service that Bitcoin utilizes. Finding the motivation to bring a similar service to their fellow Dogecoin users, Josh Mohland and David Dvorak took up the calling and created the dogetipbot. At first, it was a bumpy trip. So many dogecoins were being sent from person to person that the bot couldn't keep up. Foregoing many hours of....
Freelancers are usually working with contractors from all over the globe, which makes the idea of bitcoin micropayments appealing. Not only does this reduce the transactions costs normally incurred through online payments, but it also mitigates the risk of exchange rate fluctuations. Enter Faradam, a new bitcoin micropayments tool invented by Michael Faraday, which uses a simple timer to facilitate payments between parties. Freelancers using the service only need to provide their name, hourly rate, and bitcoin wallet address while contractors receive a link that can connect to the wallet.....
Bitcoin might not be considered a currency in some circles and, right now, government agencies are starting to look at it as more of a speculative asset. Although BTC is highly divisible, it has yet to take off as a method of microtransactional payments - a fact not helped by bitcoin's potential to skyrocket in price due to hoarding by speculators. Dogecoin, however, has emerged as a favorite microtransaction method on reddit. In fact, most people get their first dogecoin via tipping on the community-oriented site. And that's all because of Dogetipbot. How it works. Dogetipbot interfaces....