Binance Pay and BOLT Global are the new crypto power couple
Our partnership with Binance opens up Bolt+ to a new audience of around 90 million people. It’s an exciting evolution of the social multimedia platform, and one that comes with a host of benefits for creators and audiences alike.
The obvious benefit being Binance Pay. It’s a contactless, borderless and secure cryptocurrency payment system that lets you pay, send and receive crypto without any fees. That alone is very cool, but it’s not just about zero fees.
By eliminating the charges that are typically part of a crypto interaction, it means we can also put microtransactions to use. And that’s where one of the most fun and social features of Bolt+ comes in.
Top tips and great gifts
Audiences, viewers and fans can send tips and digital gifts to their favorite content creators. Maybe you want to challenge a live streamer during their game and put a $5 tip on the line if they nail it. Or you want to send a heart or a trophy to a DJ to let them know you’re loving a great mix. Tipping is a well-established option on social platforms, but it’s never been this easy to do it using cryptocurrencies.
Bolt+ and Binance Pay make the interaction as quick as a click, and it all happens in crypto while you just need a bank card. No need to earn a degree in computer science to take part in web3 any more. You just choose the amount you want to tip and scan the QR code in your Binance app to send it.
It’s just as easy for content creators too. Not only can they keep up to 95% of their earnings, but cashing out at any time is a doddle, as it goes straight into their Binance wallet. And that’s just one of the Bolt+ revenue streams open to creators, alongside advertising, sponsorship, NFTs and more.
All of which is connecting creators, audiences and communities in a whole new way. It’s been really exciting for us to see Bolt+ quickly develop into an active social network, just as much as an entertainment platform. Just as blockchain is decentralizing previously closed systems, these new Binance Pay-powered features in Bolt+ are connecting creators and fans in a very personal way. A culture of reward, recognition and support is evolving very organically, which is great to be a part of.
Web3 is for everyone. Or at least, it should be
More than anything else, the BOLT Global and Binance Pay partnership takes a big step toward our goal of making crypto, blockchain and web3 accessible to everyone. You don’t have to understand the inner workings of crypto black magic, or the brain-scrambling intricacies of blockchain operation. You can harness the best features of both in a way that’s simple and recognizable right there in Bolt+.
With more and more content creators coming online everyday (and some fantastic updates to the whole system just around the corner; stay tuned!) there’s so much to do and see. Come and get connected.
