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) $9,593.46 (+0.71%)
  • Ethereum (ETH) $241.90 (+1.94%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $251.46 (+0.99%)
  • Bitcoin SV (BSV) $194.96 (-0.50%)
  • Bitcoin (BTC) $9,593.46 (+0.71%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft