{"id":310294,"date":"2021-07-28T18:50:53","date_gmt":"2021-07-28T15:50:53","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-rewards-app-lolli-closes-10m-investment-round\/"},"modified":"2021-07-28T18:50:53","modified_gmt":"2021-07-28T15:50:53","slug":"bitcoin-rewards-app-lolli-closes-10m-investment-round","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-rewards-app-lolli-closes-10m-investment-round\/","title":{"rendered":"# Bitcoin rewards app Lolli closes $10M investment round"},"content":{"rendered":"<p>&#8220;<strong># Bitcoin rewards <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> Lolli closes $10M investment round  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvODI2N2EyYTUtMjM3NS00YzM3LWIzYTctNjNlYzExNDhlMzYxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Popular Bitcoin (BTC) rewards app Lolli has received fresh backing from venture funds and other investors as it plans to scale its services to a wider audience.\u00a0<\/p>\n<p>On Wednesday, the company <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blog.lolli.com\/lolli-closes-10m-series-a-funding-round-led-by-acrew-capital-and-top-influencers-including-logan-paul-chantel-jeffries-and-sway-house-creators\/\">announced<\/a> it had closed a $10 million <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">Series<\/a> A funding round led by Acrew Capital, with additional participation from UpNorth Management, Animal Capital, Banana Capital and Formula. Influencers such as Logan Paul and Chantel Jeffries also participated. <\/p>\n<p>Several of Lolli\u2019s previous backers, including Seven Seven Six, 3K VC, Gabriel Leydon and Foreruner Ventures, also recommitted to the company in the latest fundraiser. <\/p>\n<p>Lolli said the financing will go towards enterprise-wide expansion, including hiring new talent, pursuing partnerships and further developing the recently launched mobile app. <\/p>\n<p>Alex Adelman, Lolli\u2019s co-founder and CEO, said his company\u2019s mission is to make Bitcoin \u201cmore accessible for all.\u201d He added:<\/p>\n<blockquote><p>\u201cWe believe it\u2019s imperative to align with top creators to both educate, distribute, and amplify the power of bitcoin to the masses.\u201d<\/p><\/blockquote>\n<p><strong><em>Related: <\/em><\/strong><strong><em>CoinFund debuts $83M crypto startup fund<\/em><\/strong><\/p>\n<p>Lauren Kolodny, Acrew Capital\u2019s co-founder and managing partner, described Lolli\u2019s services as providing a low barrier to entry for early Bitcoin users.<\/p>\n<p>Lolli has attracted several high-profile endorsements in the recent past. In March of this year, the company secured $5 million in investments to be used for further developing its mobile app. In May 2020, actor and entrepreneur Ashton Kutcher was one of several investors to participate in Lolli\u2019s oversubscribed $3 million seed round. <\/p>\n<p>On the business front, Lolli secured a major partnership with auction marketplace eBay in November of last year. Users who downloaded the Chrome extension were able to earn 1% back in Bitcoin when they shop on eBay. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Online marketplace eBay to allow NFT sales<\/em><\/strong><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-rewards-app-lolli-closes-10m-investment-round\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin rewards app Lolli closes $10M investment round &#8221; Popular Bitcoin (BTC) rewards app Lolli has received fresh backing from venture funds and other investors as it plans to scale its services to a wider audience.\u00a0 On Wednesday, the company announced it had closed a $10 million Series A funding round led by Acrew&#8230;<\/p>\n","protected":false},"author":1,"featured_media":310295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvODI2N2EyYTUtMjM3NS00YzM3LWIzYTctNjNlYzExNDhlMzYxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75571,75719,117,71745],"class_list":["post-310294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-applications","tag-funding","tag-business","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/310294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=310294"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/310294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/310295"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=310294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=310294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=310294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}