PriceSensitive

Killi (TSXV:MYID) enables Coinbase users to redeem crypto for their data

Cryptocurrency, Market News, Technology
TSXV:MYID
11 May 2021 16:30 (EDT)
Killi - Founder and CEO, Neil Sweeney

Source: Static1

Killi (MYID) now allows Coinbase users to redeem Bitcoin or Ethereum in exchange for the use of their data.

Coinbase Digital Wallet holders can redeem their Killi earnings instantaneously without a fee by meeting the minimum redemption threshold.

This makes Killi the first company to enable users to exchange earnings from their data for guaranteed crypto.

Killi users are compensated by consenting to share various types of data within the Killi ecosystem. The company compensates these users via a weekly Killi Paycheck comprised of various modules the consumer can select from.

The Killi Paycheck can be redeemed for VISA gift cards, crypto, or donated to charity.

Neil Sweeney, founder and CEO of Killi, commented,

“By providing users with an instantaneous way for them to earn crypto without any fees is the equivalent of introducing a crypto-dividend, where each week consumers can passively accrue money that can be redeemed into the two largest cryptocurrencies.

We plan on adding additional currencies in the future but are excited to offer the 56 million verified users of Coinbase an opportunity to earn additional coins via Killi.”

Coinbase Global is the most popular crypto exchange in the U.S.

Killi allows consumers to share specific pieces of data in exchange for compensation, democratizing data for both consumers and brands.

Killi (MYID) closed the day down 13.73 per cent trading at $0.44 per share.

Related News