Cryptocurrency Have Benefitted 3 Famous Businesses

How to Sponsor College Athletes With Crypto

Cryptocurrencies were designed as a way to make payments without relying on banks and other traditional payment channels. But while this may sound like a good thing, it can also be risky, since the value of cryptocurrencies is highly volatile.

To mitigate the risks of using crypto for business, companies should have a clear understanding of why they are venturing into this new technology and an established roadmap that will take them there. Here are 3 great companies that have clearly benefited from crypto.


Steemit is a blockchain-based social media platform that rewards users for creating and curating content. It’s a decentralized application (Dapp) built on the Steem blockchain, and it pays rewards in its native cryptocurrency, STEEM.

Unlike traditional social media sites, Steemit rewards users for posting, commenting, and even upvoting other content. The monetary reward encourages users to share high-quality content that will be more likely to receive upvotes.

Another major draw of Steemit is its reliance on blockchain technology. The blockchain is a transparent and secure digital ledger that stores all of your transactions and content permanently.

The blockchain itself is revolutionary and seems very complex at first glance. However, it’s easy to learn about how the blockchain works once you get the hang of it.

One of the key benefits of blockchains is that they’re decentralized, which means that data can’t be corrupted or stolen. This prevents hackers from stealing money from people and disrupting the system.


Storj is an innovative decentralized cloud storage (DCS) platform that offers users the ability to store data without a single point of failure. It uses a sharding algorithm to encrypt files and distribute them across a network of storage nodes, providing both speed and security.

Storj’s sharding system is designed to prevent file loss by allowing files to be split into 80 separate segments and stored on various storage nodes in the network. This redundancy is essential in avoiding Honest Geppetto, Spartacus, and Sybil attacks that can cause data to be lost or stolen.

Moreover, STORJ’s blockchain-based native cryptocurrency is used to pay operating storage nodes for their extra space and bandwidth. These rewards incentivize all parties to act in a more optimal manner, and they provide a reliable source of revenue for the Storj network.

Storj’s network also features data and security validators called “satellites” that monitor storage nodes and verify that they act honestly. These satellites are critical for maintaining the integrity of the network.

Traveling the World

Whether you are in the market for a big-ticket item like a dream vacation or just want to see some new sights, there are a few things you should keep in mind when planning your next adventure. For starters, you should be sure to do your homework on the history and current events of each country you’ll be visiting.

For example, you should check out the best hotels in the area, learn what to look for when buying a plane ticket, and read up on local transportation options, including car-sharing and ride-sharing services.

Traveling the world is a hugely popular activity for many people of all ages. It can be a lot of fun, especially if you take the time to plan your trip wisely. From a well-planned itinerary to the right travel insurance, you can make your next trip one to remember for years to come! It’s also the best way to see the world, meets like-minded travelers, and make memories that will last a lifetime.

Crypto Extremists

Far-right provocateurs have used cryptocurrencies to raise tens of millions of dollars since 2015. The Southern Poverty Law Center (SPLC) said Thursday in a report that the white supremacist movement has amassed “tens of millions of dollars” from cryptocurrency donations.

The SPLC compiled a list of over 600 cryptocurrency addresses associated with white supremacists. They found that far-right extremists use Bitcoin and other cryptocurrencies for three purposes: to make donations for digital content, to pay for merchandise, and to make general donations.

The use of cryptocurrencies to fund extremists is a growing concern. It enables them to facilitate domestic and cross-border funding while working outside regulated channels, according to research by the Counter Extremism Project (CEP).