ChangeTip Integrates Gyft Withdrawal Option for Bitcoin Tips

Bitcoin has proven to be a powerful ally when it comes to collecting online tips as a content creator.  Rather than relying on advertising revenue, or putting up a subscription paywall, online tips can keep websites ad-free, just they way they are supposed to be.  ChangeTip is one of the leading companies in terms of enabling online tipping with Bitcoin; and their recent Gyft integration makes the service even more appealing.

Bitcoin Tips Through ChangeTip Become Even More ImportantGyft

There is no greater feeling than receiving a small financial contribution in recognition of the content created.  Social interaction shows that people read the content, as well as enjoy talking about it and even sharing it with their friends and family.  However, gratefulness doesn’t pay the monthly bills, unfortunately, which makes receiving tips in Bitcoin a nice way of earning a small and passive income on the side.

In fact, more and more websites and companies are embracing the “online tipping” model, as the online advertising landscape is drastically changing.  Most website visitors use advertisement blockers, or simply ignore the ads altogether.  Plus, hosting too many ads – or even unrelated advertisements – is a great way to make sure visitors never visit a website again.

Instead of forcing your recurring and new visitors to pay for the content they want to consume, giving them the option to send a small contribution in Bitcoin goes a long way.  This method is far less obtrusive and there are quite a few people willing to donate.  Plus, services like ChangeTip can bring a lot of attention to the Bitcoin ecosystem, as their service is being implemented on a variety of websites and social media platforms these days.

To make Bitcoin tipping even more interesting, ChangeTip has now integrated Gyft into their ecosystem.  As a result, any Changetip balance can be withdrawn to purchase electronic gift cards, such as Itunes, Amazon, or even Amazon.  The selection of available gift cards is fairly limited at this time, but if the program is successful, more additions will follow in the near future.

“One of the biggest push-backs [ChangeTip gets] is “but what can I use it for?”  People come into bitcoin then realize the friction around actually *using* it.  Being tippeChangeTipd a coffee and actually being able to use that coffee is an incredible step forward for showing people the potential of bitcoin.“ – Changetip VP of Communications Victoria van Eyk told the media in a statement.

Conquering The World One Step At A Time

There is quite a lot of merit to the statement made by Victoria van Eyk, as a lot of novice Bitcoin users struggle to come up with ways to use the virtual currency in real-life situations.  The gift of giving will help raise awareness for Bitcoin and now that people can redeem funds for gift cards of their own choice, virtual currency might get a bit of a nudge in the right direction.

Achieving mainstream Bitcoin adoption is a long and difficult road.  Several obstacles are limiting the progress of virtual currencies in real life, but companies such as ChangeTip are coming up with creative ideas to tackle these issues.  It will be interesting to see whether or not the Gyft integration pays dividends for both ChangeTip and Bitcoin.

Source: News Tip via Email

Images courtesy of ChangeTip, Gyft