Following the $10 million Series A round at the end of July, the
bitcoin rewards company Lolli has announced a partnership with the
ticket agency Stubhub. According to the announcement, the partnership
will provide users with the ability to earn up to 6% in bitcoin rewards
when they purchase tickets to sporting events, concerts, and theatre
shows.
Bitcoin Rewards Company Lolli Partners With Ticket Marketplace Stubhub
On August 15, Lolli revealed the company is collaborating with the ticket marketplace Stubhub.
The firm Stubhub is a popular American ticket exchange and resale
company that was founded 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 is 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, said the company
recognizes how transparent and innovative technology has transformed
live events.
“Stubhub revolutionized the live events industry by using technology
to create transparency, security, and choice for secondary ticket
buyers,” Huff said in a statement. “We are committed to continually
innovating to enhance the fan experience and are excited to partner with
Lolli to bring this new and first-of-its-kind in the industry
opportunity to our customers.”
Crypto cashback solutions
have become a popular trend in the crypto ecosystem for quite some
time. Alongside developing the application, Lolli has been partnering
with firms to further the business model.
Alex Adelman, the CEO and co-founder of Lolli said during the
announcement that the company looked forward to working with Stubhub and
to “start offering free bitcoin on millions of ticket sales.”
“Almost everyone in the world loves live 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 expanding our reach into live events and we’re excited to offer
even more opportunities for people to earn and own bitcoin,” the Lolli
executive added.
source link : https://news.bitcoin.com/lolli-partners-with-stubhub-users-can-earn-bitcoin-back-on-tickets-to-live-events/
