- Thumzup will quickly pay its staff at gigs with Bitcoin.
- The Nasdaq-listed media and advertising and marketing agency not too long ago added BTC as a treasury asset.
Thumzup, a media advertising and marketing firm that not too long ago adopted a Bitcoin (BTC) technique with a $1 million buy, has introduced plans so as to add crypto funds for gig economic system staff.
In a November 19 announcement, Thumzup Media Company stated it plans to quickly add bitcoin to its gig economic system workforce. A publicly traded firm will provide this selection by means of its Account Specialist Program (ASP). It's a transfer that expands the advertising and marketing options supplier's enterprise, permitting its shoppers to pay followers in money by means of Venmo and PayPal.
Thumzup is an app that rewards you for being! Share your genuine self in one in all your favourite companies or manufacturers in a task or photograph and receives a commission for it. Extra information: https://t.co/7L87alJRWK $TZUP #Social media #Advertising and marketing pic.twitter.com/BrelOoLPGQ
— Thumzup Media Company (@thumz_up) November 15, 2024
This newest transfer additionally contributes to the rising adoption of cryptocurrency funds, particularly within the gig economic system.
For its operate, Thumzup will use high crypto platforms like Coinbase to combine BTC into its cost system.
“We're excited to energy the gig economic system with bitcoin cost choices, particularly in tech-savvy areas like Los Angeles and South Florida,” Thumzup CEO Robert Steele stated in an announcement.
“This initiative affords them sooner transactions, decrease charges and higher monetary privateness. Plus, with the rising acceptance of Bitcoin, they’ll simply use their earnings for on a regular basis bills or as a possible funding,” Steele added.
Thumzup plans to implement ASP performance with crypto funds from January 2025. Whereas the brand new mannequin is anticipated to achieve extra traction, Thumzup will proceed to help conventional financial institution funds for individuals who desire current choices.
