ChangeTip, One of Bitcoin’s Best Known Brands, Couldn’t Find a Buyer
ChangeTip, an internet app which has facilitated tips over the web via bitcoin for two years, wanted to make it worthwhile for internet users of all varieties to produce quality internet content. ‘We had a vision for a company that would allow people to spread appreciation on the web for things they enjoyed,’ says ChangeTip CEO Nick Sullivan. Now, the experiment is over, and at the end of November ChangeTip will have processed its last bitcoin tip. One of the most recognizable brands in Bitcoin couldn’t find a buyer.
According to Sullivan, more than 100,000 people have used ChangeTip for more than 350,000 tips. His common refrain posits the average tip size at just over $1, though some have used the service to tip mere pennies.
‘We gave the Bitcoin movement a good boost, and we’re honored to have been the ‘first bitcoin wallet’ for so many people,’ the CEO says.
This post was published at GoldSilverBitcoin on NOVEMBER 19, 2016.