• Days
  • Hours
  • Mins
  • Secs
  • Wed, 18 Sep 2019, 03:32 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Startup Lolli partners with Hotels.com to reward travelers with bitcoin

Wed, 26 Jun 2019, 09:08 am UTC

Bitcoin rewards shopping platform Lolli has expanded its business, forming a new partnership with major booking service Hotels.com.

The new deal allowed the New York-based firm to extend its reach within the travel space, collaborating with two of the top three travel sites in the world, including Booking.com and Hotels.com.

Through the partnership, global travelers can earn up to 3.5% bitcoin back from purchases made via the Lolli website, according to its press release.

We believe we have an amazing partner in Hotels.com as we look to expand internationally in the coming months,” the announcement stated, detailing that Hotels.com has 85 websites in 34 languages and lists more than 325,000 hotels in about 19,000 locations across the globe.

Lolli, which was founded in March 2018, allows its users to earn Satoshis (sats), the smallest unit of bitcoin while shopping. It claims to be the first bitcoin reward application, partnering with more than 500 brands including Hilton, Marriott, VRBO, Hotwire, and Priceline.

Lolli CEO Alex Adelman revealed to CoinDesk that some Lolli users have earned more than $100 worth of bitcoin rewards for trips costing several thousand dollars. He also estimated that nearly half of its “tens of thousands” of users will receive bitcoin for the first time.

Now we’re starting to test content for teaching people what ‘stacking stats’ means. … Hopefully, someday 90 percent of our customers will be new because we want to make the market bigger,” he told the news outlet.

Last month, blockchain-based hotel booking platform Travala.com entered into a partnership with Litecoin Foundation to accelerate the use of cryptocurrency payments, launching its #TravelWithLitecoin campaign that will allow users to save up to 40% on hotel bookings.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,247.20 (-0.17%)
  • Ethereum (ETH) $211.30 (+6.94%)
  • XRP (XRP) $0.304200 (+16.60%)
  • Bitcoin Cash (BCH) $322.32 (+4.95%)
  • Litecoin (LTC) $75.05 (+3.38%)
  • Bitcoin (BTC) $10,247.20 (-0.17%)
Sep 18, 2019 (Wednesday)
03:29
Japan's LINE launches crypto exchange platform Bitmax
03:19
Crypto Technicals: ETH/USD breaks above 200-DMA, hits 5-week high at 215.00
Sep 17, 2019 (Tuesday)
14:34
Wells Fargo to pilot internal blockchain-based digital currency for payments
12:57
Marsh, Arch Insurance (UK) Limited launch insurance solution for digital assets ‘Blue Vault’
12:18
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:17
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:45
Crypto exchange Binance backs Chinese crypto news portal Mars Finance
10:55
Crypto Technicals: XMR/USD rejected at 200-DMA, scope for resumption of weakness
10:18
Hedera Hashgraph blockchain goes live with 26 dapps
08:38
Crypto Technicals: Ethereum pauses shy of $200 mark, set to extend bullish momentum
07:38
Harbor tokenizes iCap Equity’s $100M real estate funds using ethereum blockchain
06:48
Crypto Technicals: BCH/USD fails to extends weakness below 200-DMA, retrace above will see upside resumption
06:02
Women in Leadership: Publicis Sapient hires Merril Lynch veteran Priya Bajoria as SVP Financial Services
05:24
Crypto Technicals: IOT /USD forms successive Dojis at cloud resistance, dents scope for upside continuation
05:17
Crypto payment services BitPay to roll out Ethereum support in the coming weeks
04:37
Blockchain food provenance platform OpenSC secures $4M in seed funding
04:03
Australia's REIQ partners with Igloo to develop blockchain-based tenancy agreements
03:48
Crypto exchange OKEx Korea to remove all privacy coins, including monero, dash, zcash, over FATF's 'travel rule'
03:39
Aventus unveils new ticketing protocol Aventus Classic and $15K prize for blockchain developers
03:35
C4IR UAE, World Economic Forum introduce blockchain accelerator program at Dubai's Area 2071
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft