As we all know, online shopping could be seen as an act of purchasing goods and services over the internet. Notwithstanding the fact that buying stuff online barely surprises anybody today, there are still some people who fancy the early good old brick-and-mortar way of shopping, with the notion that nothing beats traditional shopping. This is where Lolli comes in play.
Do you believe you can get paid while shopping online? Look no further, Lolli is the answer. With Lolli chrome extension, anyone can earn cryptocurrency while shopping online. Too good to be true right? Lolli is paving the way for a new cryptocurrency cashback model. The idea behind Lolli is, users who shop online are entitled to receive incentives in the form of cryptocurrency (Bitcoin to be exact) when shopping at any of Lolli's online retailers.
The founders, Alex Adelman, and Matt Senter are no strangers to the online retail space. They are the brains behind Cosmic Cart (a universal shopping cart that allows users to sell their goods online) but was later bought with a huge amount by a serious competitor.
Where did the name 'Lolli" come from?
In an interview where one of the founders (Alex) was featured, he narrated how he got the name, Lolli. In his words, he said:
Alex explains that as a young boy his dad would often take him and his sister to the bank. He always hated banking but looked forward to that small reward at the end of each trip – a lollipop. Alex firmly believes that Bitcoin is the future of banking and that all that’s missing from the equation is Lolli.
Funny isn't it? But that's how he got Lolli. In my sentiment, Bitcoin is the future to almost all industries and firms across the world, as such, we hope to see more and more industries utilize its dynamic power.
How it works
Knowing how to set up the Lolli extension is very simple and requires only a few clicks. All that is needed is to install their own Chrome extension, which you can download from this link
Once you click on that link, you'll be asked to sign up with an email and password. Thereafter, the extension will be installed successfully and can be put to use. Take note: setting us this extension is very crucial due to the fact that it will inform the user when he/she is visiting an online store that is in partnership with Lolli.
The extension is where all the magic happens, it is available for both Chrome and Safari. Like I mentioned earlier, it is the work of this extension to automatically alert you once you visit a partnered site, it will also estimate the potential bitcoinback you'll be eligible for.
This is how the extension will look below:
Installing the extension won't affect your shopping in any way, you will still shop normally. Remember to activate the rewards as shown in the image above. And lastly, once you've made your purchase, Bitcoin will be automatically sent to your wallet. You'll only be eligible to withdraw your savings into your bank account once your balance reaches a minimum of $15.
Bottom Line
Lolli is a clear sign of the growing adoption of cryptocurrencies, as such, more and more users will conceivably patronize these online shopping websites with hopes of getting a hold of cryptocurrencies (regardless of how small it is).
In my next article, I'll be listing some of the official partners of Lolli as well as their details.
Disclaimer:
This is not financial advice. Please do you own research before investing in cryptocurrencies or any digital asset. This blog post is done for entertainment and knowledge purpose only.