BBTV Launches Pay To Crypto, A Premium Solution to Pay Creators at Scale in Cryptocurrency -Breaking
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BBTV Announces Pay To Currency, A Premium Solution that Allows Cryptocurrency Creators to Scale.BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (Frankfurt: 64V) (“BBTV” or the “Company”), the leading creator monetization company with a mission to help creators become more successful, today announced the launch of its Pay To Crypto solution to pay creators at scale in cryptocurrencies.
- The new Pay to Crypto premium payment option for creators allows them to get their earnings in popular crypto currencies such as USD Stablecoin and.
- To the Company’s knowledge, Pay To Crypto is the first offering of its kind to enable payments in cryptocurrencies at scale to content creators.
- BBTV simply asks content creators to provide a compatible cryptocurrency wallet address. They then select the currency they wish to use, and BBTV will pay directly into their wallet.
- BBTV Creators can get Pay to Crypto at a very competitive price.
- BBTV will use the Netcoins platform for Pay to Crypto through a non-exclusive arrangement. Netcoins, a subsidiary BIGG Digital Assets inc. (CSE : BIGG;OTCQX : BBKCF;WKN : A2PS9W).
Web3 has been a major part of the creator economics, from NFTs to social tokens to cryptocurrency. This is only one of many steps that BBTV has taken to provide Web3 solutions to creators in this rapidly-emerging sector of the creator market.
Shahrzad Rafati (Chairperson and CEO of BBTV) commented.
Creators can diversify their income by receiving a percentage or all their crypto earnings each month. We are proud to be their strategic partner and have heard from creators that they want to join the Web3 revolution. “We are excited to offer Pay to Crypto Leveraging Netcoins, a powerful platform.”
The new Pay To Crypto premium payment solution expands on BBTV’s financial solutions for creators, which also includes BBTV Fast Pay. In addition to providing optionality for creators to finance their growth in innovative ways, BBTV’s growing offering of financial solutions leverages the Company’s extensive library of content and scale to add incremental gross margin and Adjusted EBITDA to the business.
“Cryptocurrency allows creators to take part in the Web3 economics.
Mark Binns, CEO BIGG, commented.
“Whether these people are early adopters or just starting to explore crypto, changing the story of how their payments work is a great way for them to see what it can do. BBTV, a fantastic example of the scalability & capability of Netcoins for everyone interested in cryptocurrency in Canada and around the globe is BBTV.
Netcoins is a subsidiary of BIGG Digital Assets Inc., and has stated that it has registered users exceeding 100,000 as of November 29th, 2021, illustrating the cryptocurrency brokerage’s ability to scale and facilitate cryptocurrency payments for BBTV’s creator base. Netcoins was also granted the Canadian restricted dealer license in Q3 2021. This Canadian licence is owned by an American company.
“BBTV’s crypto-payment option by BBTV is another innovative service from a partner that I have come to rely upon for benefits outside the box,”
commented Joseph Hogue, content creator behind ‘Let’s Talk Money!’.
It took up to one week to convert payments from USD into Crypto. The transfer could then be moved to my digital wallet via another platform. I am able to receive my cryptocurrency directly without the need to transfer money from one bank account to another. This saves time as well as a lower cost than multiple transfers. Apart from BBTV’s Fast Pay accelerated pay service, this company takes creator management to a new level in order to empower creators.
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