Lab Radio

Ep 71 - Alex Adelman, CEO and Co-Founder of Lolli

Informações:

Synopsis

What is Lolli? More coverage from the Bitcoin2019 conference. This time with CEO and Co-Founder of Lolli, Alex Adelman. Lolli is a rewards app that pays you in Bitcoin. Purchase things as you normally would, but instead of proceeding to checkout, use the Lolli browser extension. This enables the user to earn a percentage back on their purchase, which can be redeemed in Bitcoin.   Lolli's goal is to onboard as many people into the Bitcoinsphere as possible. They believe most people are more likely to earn bitcoin rewards rather than bitcoin through investing or mining. Lolli just pops up when you're on a partner's website letting you know how much bitcoin you can earn. They want to make it as easy for possible. How does it work? The magic happens in the background. The retailer pays Lolli  in dollars for sending paying customers to their site. Then Lolli transfers bitcoin to your Lolli Wallet. It is a custodial solution, but the amounts are usually so small that the user risk is limited.   "The biggest chall