BBTV expand its Web3 solutions for creators, now accepting Bitcoin, Ethereum, and USD Stablecoin payments

BBTV expand its Web3 solutions for creators, now accepting Bitcoin, Ethereum, and USD Stablecoin payments
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BUSINESS

BBTV expand its Web3 solutions for creators, now accepting Bitcoin, Ethereum, and USD Stablecoin payments

BBTV Holdings Inc. announced the introduction of its Pay To Crypto solution to pay artists at scale in cryptocurrencies.

01/12/2022

BBTV Holdings Inc., the premier creator monetization company with a purpose to help creators succeed, announced the introduction of its Pay To Crypto solution to pay artists at scale in cryptocurrencies on January 12, 2022.

BBTV: Pay To Crypto

Pay To Crypto is a new premium payment solution for creators that allows them to receive payments in a variety of prominent cryptocurrencies such as Bitcoin, Ethereum, and also USD Stablecoin. Pay To Crypto is, to the best of the Company’s knowledge, the first product of its type to enable content creators to receive payments in cryptocurrencies on a large scale.

In addition, BBTV content providers simply supply a compatible crypto wallet address and choose their preferred coin. Also, BBTV pays directly to their crypto wallet. Pay To Crypto is available to BBTV creators at a reasonable cost.

Through a non-exclusive arrangement, BBTV is utilizing the Netcoins platform to enable Pay to Crypto. BIGG Digital Assets Inc. is the parent company of Netcoins.

Web3: A big part of the creator economy

“From social tokens to NFTs and also cryptocurrency, Web3 is already a big component of the creator economy. In fact, this is just one step that BBTV is taking to pioneer Web3 solutions for creators in this fast-emerging section of the creator economy,” said Shahrzad Rafati, Chairperson and CEO of BBTV.

“Creators have been quite outspoken about their ambition in entering the Web3 revolution. Also, we’re very delighted to lead the way as their strategic partner. We’re excited to deliver Pay to Crypto utilizing Netcoins as a solid platform.”

Furthermore, the new Pay To Crypto premium payment system complements BBTV’s existing financial alternatives for creators, which include BBTV Fast Pay. BBTV’s expanding portfolio of financial solutions utilizes the Company’s large library of content and also scale to contribute incremental gross margin and Adjusted EBITDA to the business, in addition to giving an option for creators to fund their growth in novel ways.

“BBTV’s crypto-payment option is yet another service innovation from a partner I’ve grown to rely on for out-of-the-box benefits,” said Joseph Hogue, creator of ‘Let’s Talk Money! ‘.

The company is taking creator management to a whole new level to empower creators by converting payments from USD to Crypto, which took up to a week to clear to move into my digital wallet on another platform. Being paid directly in cryptocurrency saves time and at a minimal charge compared to multiple transfers from my bank to different wallets, PRNewswire reported.

By Elah Mae Ariate Wozinga Staff

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