Bitcoin rewards platform Lolli, now a half of the Bitcoin-focused enterprise studio Thesis*, has acquired Slice, a browser extension that permits customers to earn Bitcoin via passive shopping.
The acquisition merges two complementary approaches to incomes Bitcoin — procuring and passive shopping — right into a single platform, simplifying the consumer expertise and broadening alternatives to “stack sats” throughout on a regular basis on-line exercise.
Based in 2018, Lolli empowers customers to earn free Bitcoin on purchases at over 50,000 prime retailers and thru 1,000+ cell video games. The platform has helped greater than 600,000 customers accumulate Bitcoin via intuitive, on a regular basis experiences, in response to an organization launch.
With the addition of Slice, Lolli now extends rewards to customers’ internet shopping, streaming, and on-line scrolling habits, making a unified ecosystem the place incomes Bitcoin is seamless.
Slice, a browser extension designed to reward customers for passive on-line exercise, brings Lightning Community assist for withdrawals constructed into its platform.
Faster withdrawals through Layer 2s
This integration accelerates Lolli’s adoption of the Layer 2 community, permitting sooner, cheaper, and smaller Bitcoin withdrawals—an enchancment that instantly addresses consumer considerations about withdrawal friction and excessive minimums.
“Lightning makes small withdrawals economically viable in a method Layer-1 transactions by no means may,” the Lolli crew stated.
The merger additionally indicators Thesis*’s continued give attention to consolidating the Bitcoin rewards area. Thesis*, based in 2014, is a pioneering enterprise studio devoted to constructing Bitcoin-first options that empower people and communities.
Its portfolio contains Fold, Mezo, tBTC, Acre, and Taho. The acquisition of Slice marks Thesis*’s second main transfer within the Bitcoin rewards sector, following Lolli’s earlier integration, and displays the corporate’s technique to unify a beforehand fragmented market.
Matt Luongo, Founder and CEO of Thesis*, famous the strategic significance of the acquisition: “Collectively, Slice and Lolli will make it simpler than ever for newly minted Bitcoiners to stack sats. Customers already incomes on Lolli will now be capable of double down on their rewards potential just by shopping on-line.”
Luongo additionally famous that Thesis* is systematically rebuilding Lolli’s app and infrastructure, beginning with Layer 2 and sidechain integrations, and plans to develop onchain withdrawal choices sooner or later.
From a consumer perspective, the acquisition ensures continuity: present Lolli customers preserve their present accounts and rewards, whereas Slice customers proceed incomes Bitcoin via passive shopping.
Over time, the mixed platform will combine withdrawals via Mezo, Thesis*’s Bitcoin sidechain, and develop service provider partnerships to create a really international Bitcoin rewards ecosystem.
Because the Bitcoin rewards sector continues to develop, this acquisition underscores the broader development of consolidation and product integration.
