Following the $10 million Series A round at the end of July, the bitcoin rewards firm Lolli has introduced a partnership with the ticket company Stubhub. In line with the announcement, the partnership will provide users with the power to earn as much as 6% in bitcoin rewards once they buy tickets to sporting events, concerts, and theatre shows.
Bitcoin Rewards Company Lolli Partners With Ticket Marketplace Stubhub
On August 15, Lolli revealed the corporate is collaborating with the ticket marketplace Stubhub. The agency Stubhub is a well-liked American ticket alternate and resale firm that was based in 2000 by Eric Baker and Jeff Fluhr.
Just before the onset of the Covid-19 pandemic, Viagogo acquired Stubhub for $4.05 billion. This week, Stubhub has revealed it’s joining the 1,000+ retailers Lolli has established connections with, as Lolli is partnered with a number of notable companies like Kroger, Best Buy, and Microsoft.
Stubhub’s head of partnerships, Dave Huff, mentioned the corporate acknowledges how transparent and innovative expertise has reworked live events.
“Stubhub revolutionized the stay events business through the use of expertise to create transparency, security, and choice for secondary ticket buyers,” Huff mentioned in a press release. “We’re dedicated to repeatedly innovating to enhance the fan expertise and are excited to partner with Lolli to deliver this new and first-of-its-kind in the business alternative to our clients.”
Crypto cashback solutions have become a popular pattern within the crypto ecosystem for quite some time. Alongside creating the appliance, Lolli has been partnering with corporations to additional the enterprise model.
Alex Adelman, the CEO and co-founder of Lolli mentioned during the announcement that the company looked forward to working with Stubhub and to “start offering free bitcoin on millions of ticket sales.”
“Nearly everybody on this planet loves stay music, sports, and theatre and now Lolli.com users can earn bitcoin when they go do the things they love,” Adelman explained. “This partnership is a major milestone for Lolli in increasing our attain into stay occasions and we’re excited to offer even more alternatives for people to earn and own bitcoin,” the Lolli executive added.