Streaming Service Twitch Adds Crypto Donations
Twitch, the largest live video streaming platform for video games in the United States has just added cryptocurrency donations to its service.
Streamlabs, the company that created the software that provides users the ability to tip on Twitch, announced that there is currently support for Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
To accept and payout cryptocurrency donations users will have to link their Streamlabs account to their Coinbase account. The company said more coins will be added to the platform in the near future.
Twitch has been known to have a pro-crypto mindset as they have accepted bitcoin-based subscriptions since 2014. This new support for crypto donations is just another step in bringing cryptocurrency to a massive audience.
Amazon acquired twitch in 2014 for $970 million, which in turn gave Twitch the rights in April to the National Football League through an eleven-game package of Thursday Night Football games. Streamlabs also paid out $34 million in donations in Q1 of 2018. Twitch is on top of the streaming world and shows no signs of slowing down.