Vancouver’s BBTV is now able to pay creators at scale in cryptocurrencies.
“Pay To Crypto” is a new payment option for creators that enables them to receive their BBTV earnings in a range of popular cryptocurrencies, including Bitcoin, Ethereum and USD Stablecoin.
According to BBTV, Pay To Crypto is the first offering of its kind to enable payments in cryptocurrencies at scale to content creators.
BBTV content creators simply provide a compatible crypto wallet address and select their cryptocurrency of choice, and BBTV pays directly to their crypto wallet using the Netcoins platform.
“Web3 is a big part of the creator economy already, from social tokens to NFTs and cryptocurrency. This is just one step that BBTV is taking to pioneer Web3 solutions for creators in this fast-emerging segment of the creator economy,” commented Shahrzad Rafati, Chairperson and CEO, BBTV.
“Receiving a portion or all of their monthly earnings in crypto helps creators further diversify their income. Creators have been really vocal about their interest in entering the Web3 revolution, and we’re very proud to lead the way as their strategic partner. We’re excited to provide Pay to Crypto leveraging Netcoins as a strong platform.”
The new Pay To Crypto premium payment solution expands on BBTV’s financial solutions for creators, which also includes BBTV Fast Pay. In addition to providing optionality for creators to finance their growth in innovative ways, BBTV’s growing offering of financial solutions leverages the company’s extensive library of content and scale to add incremental gross margin and Adjusted EBITDA to the business.
“Cryptocurrency is a powerful way for creators to participate in the Web3 economy, ” commented Netcoins CEO, Mark Binns. ”Whether they’re early adopters or making their first foray into crypto, converting their payments from USD into other currencies changes the narrative of what their payments can do. BBTV is an outstanding showcase of the scalability and capability of the Netcoins platform for anyone interested in crypto, not just in Canada but around the world.”