Changecoin, a micropayment infrastructure for the Internet, today announced that its Bitcoin-fueled tipping product, ChangeTip, is now available for YouTube, Google Plus and Tumblr, making it the only solution working across all relevant social media platforms.
ChangeTip allows anyone to instantly reward or "tip" any great video, cause or content on the Web. Launched in February 2014 on Twitter, StockTwits, Reddit and GitHub, the ease of use of this low-friction, micro-transaction platform is the perfect segue for the general population to use the world's most popular cryptocurrency.
"We believe people are basically good and we let them show their appreciation directly in everyday social media interactions," said Nick Sullivan, ChangeCoin's founder and CEO. "That's why we call ChangeTip a 'love button' for the Internet."
ChangeTip allows for Bitcoin tips to be sent without a fee, allowing for micro-payments of less than a penny. This effectively changes the concept of a "share" or "like" into financial appreciation, which can quickly add up to substantial amounts of money. (Transaction fees for fiat currencies may vary.)
ChangeTip is driving the mass consumer adoption of Bitcoin by enabling these transactions in the simplest way possible. When users see something they love and want to show their appreciation, it's as easy as leaving a comment, and content creators can be rewarded directly as opposed to receiving fractions of cents via ad revenue.