March 28, 2024

The online Substack publishing platform integrates payments in BTC

Integration with the Opennode payment processor will allow the Substack platform to accept payments in Bitcoin using the Lightning networkNetwork.

On Monday, the OpenNode presenter stated thatThe company has begun to work with the Substack project to make it easier for users to pay bribes in Bitcoins. As long as this option will be available only for the articles of the cryptocurrency topic.

A platform that allowsmailing of various materials to readers, it has more than 500,000 paid subscribers. The annual earnings of the most popular writers can be calculated in six-digit numbers. Now readers of SELECT CONDUCK will be able to pay their signatures with bitcoins (BTC).

Project manager Nick Inzuk hinted that in the future the platform will expand the number of supported cryptocurrencies.

Introduced in 2017 Substack platformSupported by the venture companies Andreessen Horowitz, Y-Combinator, Fiftу Years and others. After the March round of funding under the head of Andreesen Horowitz, the cost of the platform reached about $ 650 million.

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