Dash Partners With Rewards.com To Give People Another Way To Earn Crypto For Free

in #news6 years ago

 

Recent years have seen numerous financial platforms disrupted by  cryptocurrency and blockchain technology, and now a new partnership  between Dash and Rewards.com could threaten the dominance that PayPal  has in the business of online transactions. Rewards.com is a popular website that allows subscribers to earn  money back on purchases that they make at a variety of retailers, and  until now, the only options for cashout through the site were cash and  PayPal.

 But now they are offering an option for Dash as well. Bradley Zastrow, director of global business development for the Dash Core Team, told Inverse,  “It’s a way for mainstream people to start dipping their toe into  cryptocurrency. Right now today, we’re still far away from mainstream  adoption.”
 “It feels weird to be saying ‘the next PayPal’ in kind of that sense. We definitely want to be broader and bigger than that,” Zastrow added. In a recent statement, Rewards.com founder Todd Rowan explained: 

“The remarkable aspect of this partnership is we are  introducing people to cryptocurrency in a non-threatening way. Let’s say  you shop at Macy’s, Groupon, or Hotels.com you can earn a portion of  their total purchase in cryptocurrency. The program works just like any  points program. You can keep your rewards in the ecosystem just like you  would with any type of reward point or redeem it for products, travel,  restaurants, or gift cards. The earnings from Rewards.com will help you  to start to learn about how to use cryptocurrency, including trading it  on the market for Bitcoin or cryptocurrencies. Rewards.com takes us one  step closer to global mainstream acceptance of cryptocurrency.”

Most importantly, this is a great way for people to get involved in  cryptocurrency if they are interested, but also nervous about putting  their hard-earned money in a volatile market. These concerns can be  especially serious for people who live paycheck to paycheck and don’t  have the disposable income to invest or even save. This allows people to  earn crypto for free without putting their paychecks on the line. 

 Earlier this month, The Free Thought Project reported  that this technology is making it possible for an entire town in New  Hampshire to accept cryptocurrency. In the town of Portsmouth, the  currency of choice is Dash, since it works perfectly as a point of sale  payment system, with instant transfers and low fees. 

Last year, the city  became the first in the state to install an ATM machine that offered services for Dash. Blockchain startups have also been offering interesting solutions for  the cannabis industry, which is facing strict regulations from the  government, as well as constant take-over attempts by large  corporations. 

Thanks to a Dash sponsorship, Alt Thirty-Six announced a partnership  with the cannabis software company WebJoint, which they say will allow  for more widespread cryptocurrency adoption in cannabis retail  locations. 

Last week, we reported  that a group of scientists is using blockchain technology to stop  Monsanto from patenting cannabis strains. A creative solution to this  problem is a sort of cannabis genome project, in which researchers use  technology that gathers the genetic information of the plant. Medical Genomics, the group behind the project, is publishing all of their results at Kannapedia.com  using their StrainSEEK Identification and Registration service.  

Medicinal Genomics is a 15-person start-up best known for first  sequencing the cannabis genome and open sourcing its genome as a  scientific charity to the world. In addition to being a cheaper and faster alternative to Bitcoin,  Dash also invests in various projects, both charitable and professional,  to spread the word about this technology and to show its true  potential. Dash has funded alternative mediayouth programs in Africa and food charities in Venezuela. 

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Glad to see they are allowing this. It's a good move, buuuttt it's still centralized through Rewards.com. That's bad though. I don't like that part, but I'm glad to see they're trying!

Hmmm...very interesting. My daughter isn't far from Portsmouth. I may have to look into Dash. Is in purchasable on Coinbase, com, or...?

Cryptos and rewards programs are meant to be together, there are no better way to handle that type of programs than using cryptos.

Blockchain is slowly changing the world.

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