ProTip Ventures into Bitcoin Micropayments for Online Tipping
A number of companies have been looking into bitcoin micropayments as a means for funneling donations or tips online. After all, the cryptocurrency promises lower transactions costs compared to traditional payment methods such as credit cards or PayPal. Online tipping can be made to express appreciation for an artist's work on the internet, such as a good music album or digital art piece. The problem, however, is that users encounter friction when it comes to managing several individual bitcoin tipping methods. ProTip Bitcoin Micropayments. For ProTip developers Leo Campbell and Chris....
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There’s a new online-tipping application in town. The creators of ProTip Chris Ellis and Leo Campbell have initiated a startup that enables micro-tipping within a vast array of social media applications, websites, and WordPress platforms. ProTip is an open source Chrome plugin, with which users can tip domains they frequent and funds are stored in a....
"This is about building tools that help facilitate conversations in markets." So says Chris Ellis of the ProTip micropayments project that is seeking to create peer-to-peer (P2P) mechanisms for people to support musicians, artists and other creators of digital media using bitcoin. ProTip is a web browser plug-in that functions as a specialized wallet, designed to issue automated bitcoin payments every week. Planned for an early May open-source release, ProTip creates a list of bitcoin wallet addresses pulled from websites most often visited by the user. Users can modify this list, set....
Bitcoin offers an opportunity to allow people to make micropayments, which could provide solutions for content monetization, online tipping and more.
Bitcoin social tipping startup ChangeTip has announced $3.5m in seed funding, drawing support from a variety of bitcoin-focused investment funds and entrepreneurs. The seed round was led by Pantera Capital, according to the San Francisco-based startup. Other participants in the round included500 Startups, Boldstart Ventures, CryptoCurrency Partners and Idealab. ChangeTip intends to use the funds to build out its infrastructure as well as redouble efforts to continue expanding its user base. Several weeks ago, the popular microtipping service revealed that it had brought in more than 30,000....
tidbit, a London, U. K. -based online tipping and micropayments service that utilizes bitcoin, has raised £122,080 ($192,289) for 15.03 percent equity in seed funding through investment platform Seedrs. The funding will be used for marketing, incorporating additional features, and building the network of sites featuring tibdit. tibdit provides a fast and convenient tipping and donation service, giving users the chance to reward others online with payments between 3p and 75p. tibdit takes only 1.5p per transaction. tibdit facilitates such small payments through the use of bitcoin. The....