- Thumzup will quickly pay its employees through Bitcoin.
- The Nasdaq-listed media and advertising firm lately added BTC as a treasury asset.
Thumzup, the media advertising firm that lately embraced a Bitcoin (BTC) technique with a million-dollar buy, introduced plans so as to add crypto funds for gig financial system employees.
In a November 19 announcement, Thumzup Media Company introduced plans to quickly add Bitcoin to its gig financial system employees. The publicly traded firm will supply this feature by its Account Specialist Program (ASP). It's a transfer that extends to the advertising options supplier's enterprise and permits its purchasers to pay money to followers through Venmo and PayPal.
Thumzup is the app that rewards you for being your self! Share your genuine persona at certainly one of your favourite corporations or manufacturers in a Reel or Picture, and receives a commission for it. Be taught extra: https://t.co/7L87alJRWK $TZUP #Social networks #Advertising and marketing pic.twitter.com/BrelOoLPGQ
– Thumzup Media Firm (@thumz_up) November 15, 2024
This newest transfer additionally comes on high of the rising adoption of cryptocurrency funds, notably within the gig financial system.
For its performance, Thumzup will leverage high crypto platforms resembling Coinbase to combine BTC into its cost system.
“We’re excited to present the gig financial system the choice of Bitcoin funds, particularly in tech-savvy areas like Los Angeles and South Florida,” stated Robert Steele, CEO of Thumzup , in a press launch.
“This initiative affords them quicker transactions, decrease charges and better monetary privateness. Moreover, with the rising acceptance of Bitcoin, they will simply use their earnings for each day bills or as a possible funding,” Steele added.
Thumzup plans to roll out ASP performance with crypto funds beginning in January 2025. Though the brand new mannequin is predicted to see better reputation, Thumzup will proceed to help conventional financial institution funds for individuals who want present choices.
