Substack integrates OpenNode’s API to start accepting Bitcoin payments

Substack integrates OpenNode’s API to start accepting Bitcoin payments
фото показано с : invezz.com

2021-8-25 19:27

Substack, an online publishing platform, has integrated OpenNode’s Bitcoin API to offer a Bitcoin (BTC/USD) payment option on its platform. OpenNode disclosed this news via a press release on August 23, noting that this integration will see it power both on-chain and Lightning Network BTC payments. Reportedly, OpenNode and Substack seek to offer a select group of crypto-focused publications access to instant, low-cost payments.

According to the news release, this collaboration will also allow readers to use BTC to pay for subscriptions to access content on the select publications. While OpenNode did not disclose names, it said the publications would hold the BTC they receive. At the moment, Substack has over 500,000 paying subscribers, and the most popular writers on the platform make six figures in a year.

Nick Inzucchi, Substack’s Product Designer, commented on this development, said the BTC payment option would offer writers more freedom and versatility. He hinted at the company integrating more crypto payments options, saying the company is looking to do more in crypto to meet the needs of its writers.

Substack continues expanding despite being controversial

João Almeida, OpenNode’s Co-founder and CTO, pointed out that this partnership will allow content creators across the Substack ecosystem to accept Bitcoin payments. He added that they would have a choice to either hold or convert the BTC to a currency of choice. Almeida added that this joint venture aligns with Substack’s goal to offer creative and financial freedom because BTC fits into this picture perfectly.

Substack launched in 2017 and quickly became popular after getting backing from venture capital firms like Andreessen Horowitz, Y Combinator, and Fifty Years, among others. Earlier this year, the company secured $65 million (£47.30 million) in its Series B funding round to get a valuation of approximately $650 million (£473.00 million).

At the time, the firm said it seeks to expand the Substack Pro Program, which pays select writers an advance to help them launch mini publications. The company then takes the bigger part of a writer’s returns in the first year and then splits profits in the ensuing years. This approach has attracted a lot of noise, seeing as the company does not disclose the names of writers in the Substack Pro program. In addition, critics claimed this initiative favored anti-trans writers.

The post Substack integrates OpenNode’s API to start accepting Bitcoin payments appeared first on Invezz.

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Источник: invezz.com

bitcoin opennode → Результатов: 34


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2019-10-26 08:18


Стартап OpenNode отклонил инвестиционное предложение Роджера Вера

Сервис обработки биткоин-платежей, компания OpenNode отказалась принять инвестицию в размере $1,25 миллионов, предложенную ей в конце 2018 года приверженцем Bitcoin Cash и криптовалютным инвестором Роджером Вером.

2019-1-4 21:54


Фото:

Сервис OpenNode не принял инвестиции Роджера Вера

Создатели процессингового сервиса OpenNode отклонили инвестиционное предложение в размере $1,25 млн, сделанное им в конце прошлого года одним из главных идеологов Bitcoin Cash Роджером Вером.

2019-1-2 17:21


Биткоин-процессинг OpenNode отклонил $1,25 млн инвестиций со стороны Роджера Вера

Разработчики процессингового сервиса OpenNode отклонили инвестиционное предложение в размере $1,25 млн, сделанное им в конце прошлого года одним из главных идеологов Bitcoin Cash Роджером Вером. Об этом говорится в записи в стартапа в Twitter.

2019-1-1 17:24


Roger Ver still trying to buy the future for the trouble-plagued Bitcoin Cash (BCH)

Earlier this year, controversial Bitcoin Cash maximalist Roger Ver released a video in which he offered a platform called OpenNode to switch from Bitcoin-based Lightning Network to Bitcoin Cash. As a quick reminder, OpenNode is a recently introduced Bitcoin payment processor which looks to leverage the LN capabilities to enable instant Bitcoin transactions with minimal […] The post Roger Ver still trying to buy the future for the trouble-plagued Bitcoin Cash (BCH) appeared first on CaptainAltcoin.

2018-12-30 22:00


OpenNode отклонила предложение о переходе на ВСН

Согласно последнему сообщению в Twitter от OpenNode, Роджер Вер предложил им $1,24 млн, чтобы они перешли на BCH, но компания отклонила это предложение. Согласно твиту, размещенному инженером-программистом, работающим с OpenNode, компанией, которая предоставляет услуги многослойного платежного процессора в сети Биткоинов для бизнеса, Роджер Вер предложил им $ 1,24 млн, за перевод их сервиса на Bitcoin […] Сообщение OpenNode отклонила предложение о переходе на ВСН появились сначала на RuCoin.

2018-12-30 12:32


Tim Draper Backed OpenNode Startup Raises $1.25 Million to Develop its Bitcoin (BTC) Payment Processing Platform

Tim Darper backed startup of OpenNode announced that it had successfully raised $1. 25 Million to fund its venture to create a better and easier way to accept Bitcoin (BTC). Many merchants have been known to be for the idea of integrating Bitcoin payments onto their businesses, but very few payment processing solutions exist in the […] The post Tim Draper Backed OpenNode Startup Raises $1.

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