Crypto Tipping Added to Streamlabs App, Responsible for 15% of Twitch Streams

gepubliceerd op by Cointele | gepubliceerd op

Broadcasters on Streamlabs, a Twitch streaming app, can now accept cryptocurrency as tips, the Steamlabs blog posted on June 1.According to NewZoo market intelligence provider, during the first quarter of 2018, the Amazon-owned Twitch garnered 2 bln viewing hours, with Steamlabs making up 15 percent of Twitch streams.

Steamlabs reported in April that they had made almost $35 mln in tips in the 2018 Q1.In order to enable crypto tips, a broadcaster will have to connect their account to crypto exchange and wallet Coinbase.

The blog notes that while only Bitcoin, Ethereum, Litecoin, and Bitcoin Cash will be available for tipping - as those are currently the only coin options on Coinbase - Streamlabs will be "Looking into adding other coins in the future."

Twitch has been accepting Bitcoin payments since 2014, with a slight break before they switched to Coinbase in 2016.

x