Today is National Dog Day in the United States, and crypto rewards platform Lolli is celebrating a new partnership with Petco, the popular San Diego-based pet supplier that owns and operates more than 1,500 locations across the US and Mexico.
Petco.com will now give every crypto-paying customer 3.5% back in satoshis on every purchase that’s made on Petco.com. One satoshi, the smallest unit of measure for the world’s largest cryptocurrency, Bitcoin, represents one hundred millionth of a single Bitcoin (0.00000001 BTC.
By allowing pet lovers to earn Bitcoin while shopping at the top-selling retailer, Lolli says it’s expanding ways for consumers to provide basic needs.
Says Matt Senter, co-founder of Lolli,
“Pet food, toys, and treats are recurring costs, and now our users can look forward to bitcoin rewards for looking after their pets… especially doggies.”
Lolli works as a browser extension and is supported on Chrome, Firefox and Safari. The company has partnered with over 500 top brands including Walmart, Hotels.com and Overstock. When users shop on a partner site, Lolli receives a percentage of the sale and then splits that percentage with users by sending Bitcoin to the shopper’s Lolli wallet.
To promote its latest collaboration, the New York-based company offered 5,000 sats to any Lolli user who shared a photo of their dog and mentioned the Lolli and Petco partnership via Twitter.
— JD (@knawmeen) August 24, 2019
One of our users just named their new puppy after us.
Internet, please meet Lolli.
— Lolli 🍭 (@trylolli) February 27, 2019