Japan's Answer to Quora Announces Bitcoin Tipping Scheme

OKWave, Japan's answer to social network Quora, has announced plans to launch a bitcoin tipping scheme.

AccessTimeIconJul 8, 2015 at 11:42 a.m. UTC
Updated Aug 18, 2021 at 4:00 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

OKWave, Japan's answer to social network Quora, has announced plans to launch its own bitcoin tipping scheme.

The platform, established in 1999, claims to be the country's largest Q&A site. It announced the news via its blog, which noted:

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • "Until now, you could only leave thanks in the comments under your favourite answers, now you can send your gratitude with bitcoin."

    A preview image on OKWave's website suggested users will have to paste in their bitcoin wallet address in order to tip respondents with the digital currency. Currently, users are only able to either up-vote, down-vote or thank users for their answers.

    Larger trend

    OKWave's announcement sees the company join a growing number of social media platforms who have integrated bitcoin tipping schemes.

    Argentina-based Taringa! recently introduced a bitcoin tipping revenue share model – following its partnership with Xapo – to award content creators with digital currency. Meanwhile, ChangeTip is now supported on 12 sites including Facebook, Twitch and Reddit.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.