THELOGICALINDIAN - n-a
American actor and ambassador Louis C.K has appear his new appearance “Horace and Pete,” alms bitcoin as a acquittal option.
The show, which is accessible for download on the official website of Louis CK, is awash at US$5, through banking platforms including Paypal, Dwolla, Amazon and BitPay. Fans of Louis CK can artlessly appointment the page, blazon in an email, achieve transaction application BitPay and acquirement the show.
C.K clearly began to acquire bitcoin payments back August of aftermost year, afterwards C.K and his aggregation filmed his ball appearance performed at Madison Square Garden. The aggregation of C.K chip BitPay assimilate their online shop, area they awash audio-only appearance with a different business strategy. Instead of affairs the appearance with a anchored amount range, Louis C.K accustomed his admirers acquirement the video at any amount they want, with the minimum acquittal actuality US$1.
“We accept the amount set to 5 dollars but you can lower it to 1 dollar or accession it to 85. that’s the maximum, because above that, I don’t appetite your crazy money,” said C.K in August.
The aggregation of Louis CK began to see a accelerated access in their revenue, earning over US$250,000 aloof 12 hours afterwards the appearance went auction at noon. Over the abutting few weeks, the auction generated over US$1 million, acceptance CK to awning all costs including assembly costs, agents salaries, and website development and banking appliance integration.
“it’s been amazing to conduct this agreement with you. The agreement was: if I put out a cast new standup appropriate at a acutely low amount ($5) and accomplish it as accessible as accessible to buy, download and enjoy, chargeless of any restrictions, will anybody aloof go and abduct it? Will they pay for it? And how abundant money can be fabricated by an alone in this manner?,” said CK.
“The appearance went on auction at apex on Saturday, December 10th. 12 hours later, we had over 50,000 purchases and had becoming $250,000, breaking alike on the amount of assembly and website. As of Today, we’ve awash over 110,000 copies for a absolute of over $500,000. Minus some money for PayPal accuse etc, I accept a accumulation about $200,000 (after taxes $75.58). This is beneath than I would accept been paid by a ample aggregation to artlessly accomplish the appearance and let them advertise it to you, but they would accept answerable you about $20 for the video,” he added, with gratitude.
Louis CK already afresh attempts to charm the success of his antecedent projects, by alms able and defended acquittal methods like bitcoin. Although CK and his aggregation converts the majority of the bitcoin payments into authorization already received, which is barefaced due to the animation of the agenda currency, bitcoin allows CK to annihilate aerial transaction fees accepted by accepted banking applications like Paypal. In the long-term, CK affairs to abide application bitcoin to accommodate his admirers a added ambit of acquittal solutions to acquirement his shows.
