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snapcard-partners-with-ifeelsgood-reward-customers-bitcoinThe web wallet service Snapcard has partnered with Ifeelgoods, a company that facilitates reward programs for companies with large customer bases such as Walmart and McDonald’s. You guessed it: Ifeelgoods clients will now be able to reward their customers with bitcoin as opposed to silly digital goods or special coupons.

For Ifeelgoods, the partnership means that the company will be able to offer its services worldwide, as opposed to the 30 countries it had previously operated in. For Snapcard, potentially thousands of new clients will experience their service for the first time via a trusted brand.

Also read: Snapcard Enables Cryptocoin Equality

snapcard-partners-with-ifeelsgood-reward-customers-bitcoin-major-corporations-mcdonalds-walmartIfeelgoods is just one of Snapcard’s clients who will be utilizing their new MassPay API, which enables large organizations to send out Bitcoin payments without even having a Bitcoin address. A phone number or e-mail address is sufficient, and the recipient then learns how to collect the funds. MassPay envisions much more than promotional-type usage, though, with recipients given the option to cash out in a local currency for extremely low fees. For some situations, the platform could change payroll services altogether.

Has the Faucet Model Gone Viral?

While no campaigns have yet been announced as a specific result of the partnership, it is important to note that this model of business is not new in the Bitcoin space. Here at CCN, we’ve detailed more than once the ways that newcomers can acquire free Bitcoin to get started and learn with.


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Will the model of the Bitcoin faucet go global now, with large companies giving away small amounts of Bitcoin to stimulate commerce? Like and share above and comment below!

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Posted by P. H. Madore

P. H. Madore has been publishing since 2003. Tip: 1phmMcubFy298wujNFj6hQ1gctUBFovmL or 0xEDc20cc40cfb0CCBf67399c41B2891192a748a9A — Visit me on Steem: https://steemit.com/@phmadore and check out my weekly report on the ICO madness: https://icoweeklynews.com

12 Comments

  1. Coupons, tied to the Bitcoin economy, that can be traded for real money is the way to go.

  2. This is very good news. As more merchants adopt Bitcoin, more regular people and spenders also need to adopt Bitcoin as well. You can buy bitcoins with USD at Coinbase.
    In fact, Coinbase has a bonus, sign up with this link, buy $100 worth of Bitcoin and receive $25 dollars in Bitcoin for a limited time.
    https://www.coinbase.com/join/52d0651e0fb7ac487e00002f

  3. Orchideric 17/07/2015 at 22:04

    Aah found it… right on the top of the announcement link you provided
    Here it is… “Ifeelgoods’ companies are now empowered to create, launch and monitor campaigns and programs that offer Bitcoin-as-a-reward to end-users.”
    “Now empowered to create”… The author missed that part obviously because they announce stuff like it’s “KNCminer style”… carefully worded to make it sound like they were much farther along than they are.
    I don’t know why they bother when a customer cannot fund his/her account yet.

  4. P. H. Madore 17/07/2015 at 21:42

    Thanks for that.

  5. Ahh… That took me two plus years back when I first got into bitcoin and went to the bitcoin faucets. I had forgotten about the threshold requirement. Thanks!

  6. ΔИθᴎЎϻɸᵿƧ 17/07/2015 at 18:46

    CCN probably just jumped the gun on this one. IFG and Snapcard may be finalizing a deal, or it may fall through altogether. I can only speculate that it’s something like that. The infrastructure for such deals is certainly in place to make a lot of money.

    The cryptocurrency realm is still very much in its infancy, and you can bet your last dollar that the world’s central bankers are only too well aware of it. Cryptocurrencies have made the entire banking industry completely obsolete.

    Already, people worldwide are exchanging billions of dollars in dozens of different types of altcoins that the bankers have no control over whatsoever, and that scares the sh*t out of them.

    Greece’s government, for example, is completely insolvent, with very little money in euros available to the general population. They are slowly learning about bitcoin, which could very well save their whole economy. Bankers definitely don’t like it when they lose control like that.

  7. ΔИθᴎЎϻɸᵿƧ 17/07/2015 at 18:35

    If I remember correctly, the satoshis go into a temporary storage area called faucetbox.com, that uses your bitcoin address. There are a lot of those now, like microwallet.org. Once your balance goes over a certain threshhold, faucetbox will send the funds to your address. Payment is not instant.

  8. Underbridge 17/07/2015 at 17:55

    Your article calls them “I feels good” (no spaces) while they seem to think they’re “I feel goods” (ditto).
    I prefer your version. More informal, less… creepy.

  9. Ivo Oscar Faleiro 17/07/2015 at 17:04

    News looks to be good. Let’s wait and watch at the moment.

  10. Has anyone ever received bitcoin from the CCN faucet? I haven’t received a single Satoshi.

  11. Orchideric 17/07/2015 at 12:36

    I just went to Snapcard after reading this and signed up to find everything says “coming soon”.
    No way to fund the account even.

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