By coinfeedsJune 16, 2021
British FinTech startup Plutus, is providing rewards via its credit card to customers who buy from the eCommerce store of Nike. The rewards are made with Pluton, the native digital currency of the company. Users can receive additional rewards by staking their digital tokens through the company’s app.
Users have to utilize the Plutus Visa card as they shop through the web to get the benefit. The company, for its part, runs in the European Economic Area and in Britain. Plutus debuted a similar function on Skyscanner as well as Airbnb, but Founder and CEO Danial Daychopan said per the report that “all programs in the travel category have been temporarily paused by the company due to travel restrictions caused by COVID-19.”
The news comes as Nike patented what are known as “CryptoKicks” footwear, which is tokenized on the Ethereum blockchain as a non-fungible coin.
Posted on June 16, 2021By coinfeeds
Disclaimer:
The content provided on this website, including news, blogs, and updates, is sourced from various third-party websites and platforms. While we strive to ensure the accuracy and reliability of the information, we do not claim ownership of the material or any intellectual property rights associated with it, unless otherwise stated. All trademarks, service marks, and other content featured on this site are the property of their respective owners.
We encourage readers to verify the information from original sources before making any financial or investment decisions. The information on this website is for general informational purposes only and does not constitute financial or investment advice.
We make no warranties or representations regarding the completeness or accuracy of the content and are not liable for any damages or losses resulting from the use of the information provided on this site.
If you are the owner of any content and believe it has been used improperly, please contact us at [email protected], and we will take appropriate action.
