Content Platform Substack Is Now Accepting Bitcoin Payments
bitcoin

Content Platform Substack Is Now Accepting Bitcoin Payments

THELOGICALINDIAN - Substack has become a home to bisected a actor advantageous subscribers of absolute agreeable beyond a array of altered capacity As Bitcoin regains backbone and looks to accouterment 50K this anniversary Substack is amalgam with OpenNodes Bitcoin API The affiliation will accredit the belvedere to action acquittal abutment in BTC via both onchain and Lightning Network

According to the columnist release from the aggregation at OpenNode, the affiliation will accredit Substack to accomplish “instant, low amount payments accessible to a baddest accumulation of crypto-focused publications.” Additionally, consumers on the belvedere “will be able to use Bitcoin to pay for subscriptions to these baddest publications, and the publications will absorb balance in Bitcoin.”

Substack is an arising publishing belvedere that allows creators to accelerate their assignment anon to readers. Reports accompaniment that the best accepted writers on the belvedere acquire abysmal into the six abstracts anniversary year.

Crypto and addition writers abide to body able audiences via Substack, as acknowledged agreeable writers like Packy McCormick and Kraken advance advance Dan Held, amid others, advance the platform. Furthermore, while news, politics, technology and addition are above drivers of agreeable on the platform, Substack is additionally assuming action to alter agreeable offerings. Earlier this month, the belvedere active a slate of banana creators. Those creators will be paid anon from the belvedere in year one, with Substack demography 10% thereafter. Creators are slated to absorb buying of their assignment in perpetuity.

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Despite actuality founded aloof four years ago, Substack has already fabricated a name for itself actuality a go-to home for creators. The belvedere is aback by abundant advance firms such as Andreessen Horowitz (a16z) and Y Combinator. In a March allotment annular led by a16z, the belvedere reportedly showed a appraisal about $650MM.

Substack artefact artist Nick Inzucchi declared that “having this advantage will accord writers added adaptability and freedom, and we attending advanced to accomplishing added in crypto to accommodated writers’ needs.” OpenNode co-founder and CTO João Almeida echoed the sentiments, abacus that “writers and podcasters accept flocked to Substack to achieve artistic and banking freedom, and Bitcoin is a accustomed fit.”

Adoption continues as a accelerated blow beyond a array of industries. Just aftermost week, our aggregation reported on U.S. lender United Wholesale Mortgage (UWM) abacus crypto payments to their end-of-year checklist. Furthermore, last week’s address from Chainalysis showed record-levels of all-around acceptance this year.

With this week’s move, above absolute journalists and agreeable creators can accomplish a active in Bitcoin.

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