- ThumzUp will quickly pay its gig staff by means of Bitcoin.
- The Nasdaq-listed media and advertising and marketing agency just lately added BTC as a treasury asset.
Media advertising and marketing firm Thumzup, which just lately adopted a Bitcoin (BTC) technique with a $1 million buy, has introduced plans so as to add crypto funds for gig financial system staff.
on nineteenth November AnnouncementThumzup Media Company mentioned it plans so as to add Bitcoin to its gig financial system staff quickly. The publicly traded firm will supply this selection by means of its Account Specialist Program (ASP). It is a transfer that expands the advertising and marketing options supplier’s companies by permitting its clients to make money funds to followers by means of Venmo and PayPal.
ThumzUp is the app that rewards you for being you! Share your genuine self on one in every of your favourite companies or manufacturers in Reels or Pictures, and receives a commission for it. study extra: https://t.co/7L87alJRWK $TZUP #socialmedia #Marketing pic.twitter.com/BrelOoLPGQ
– Thumzup Media Company (@thumz_up) 15 November 2024
This newest transfer additionally provides to the rising acceptance of cryptocurrency funds, particularly within the gig financial system.
For its comfort, Thumzup will leverage high crypto platforms like Coinbase to combine BTC into its cost system.
“We’re thrilled to empower the gig financial system with the choice of Bitcoin funds, particularly in tech-forward areas like Los Angeles and South Florida,” Thumzup CEO Robert Steele mentioned in a press release.
“This initiative offers them with sooner transactions, decrease charges and better monetary privateness. Plus, with the rising acceptance of Bitcoin, they’ll simply use their earnings for every day bills or probably as investments,” Steele mentioned.
Thumzup plans to launch ASP characteristic with crypto funds from January 2025. Whereas the brand new mannequin is predicted to see extra traction, Thumzup will proceed to assist conventional financial institution funds for individuals who choose present choices.
