'Trump Jr.-backed' Thumbs Up Media considers introducing Dogecoin payments

Source
Suehyeon Lee

Summary

  • Nasdaq-listed Thumbs Up Media is reported to be considering introducing Dogecoin payments.
  • The company said that if a Dogecoin payment system is introduced, fee reduction and improved cross-border micropayment efficiency could be achieved.
  • CEO Robert Steele said that if Dogecoin integration is successfully implemented, the platform's appeal to cryptocurrency-friendly creators will increase.

Thumbs Up Media, a Nasdaq-listed company invested in by Donald Trump Jr., is considering introducing Dogecoin (DOGE) payment functionality to its advertising reward application Thumbs Up.

On the 16th (local time), Decrypt reported, "The Thumbs Up app has a structure that pays cash rewards when users share advertisers' content, and the company is considering a plan to reduce fees through a Dogecoin payment system and to improve the efficiency of cross-border micropayments," the outlet said.

Robert Steele, Thumbs Up CEO, said, "Dogecoin integration is an important step toward building a scalable, low-friction rewards engine," adding, "If successfully introduced, the platform's appeal to cryptocurrency-friendly creators will be further enhanced."

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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