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The Daily Hodl
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Bitcoin (BTC) Venture Lolli Partners With Retail Giant Nike to Offer Crypto Rewards, Eyes Elon Musk and Tesla

by Daily Hodl Staff
November 23, 2019
in Bitcoin
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

‎‎‎ ‏‏‎

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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.

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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.

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