Lolli, an online service that lets users pay for everyday items with Bitcoin (BTC) at more than 750 e-commerce stores, says it’s partnering with Nike. Lolli’s management says its crypto-paying customers will receive BTC rewards when they shop online for shoes, apparel and various other items at Nike.
Users can earn “up to 3%” Bitcoin back when they purchase fitness apparel, Nike sneakers, and equipment through Lolli’s store page.
Lolli says it’s rolling out a holiday deal in order to celebrate the launch of its newest partner.
In addition, the company says it will be giving out 50,000 sats (satoshis), equivalent to 0.00050000 BTC or $3.67 “to everyone who stacks sats at Nike” and posts a screenshot of their confirmation email over the next 72 hours.
Earlier this month, CNBC announced that Lolli made its top 100 startups list.
Lolli, which counts a number of big brands among its Bitcoin rewards network, including Walmart, Postmates, Old Navy and Lululemon, is also eyeing Tesla as a partner. The Lolli team gave a shout-out on Friday to Elon Musk who just announced the company’s new $39,900 Cybertruck pickup.
hey yall big favor … please reach out to @elonmusk and the @Tesla team and tell them you want Tesla to partner with Lolli ?
contact here: https://t.co/SMTi1NPyi9
— Lolli ? (@trylolli) November 22, 2019
Mixed martial artist Ben Askren retweeted Lolli’s request asking Musk if he’s down for the Bitcoin partnership.
While the tech entrepreneur recovers from a bumpy product debut, Askren, a Bitcoin bull, says he’s buying a Cybertruck.