Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Glassnode Analyst Warns Bitcoin Treasury Strategy May Falter

    Glassnode Analyst Questions Viability of Bitcoin Treasury Strategy

    Glassnode Analyst Questions Bitcoin Treasury Strategy Longevity

    Canadian Woman Sues Rogers Over SIM Swap Bitcoin Theft

    Canadian Woman Sues Rogers Over Bitcoin SIM Swap Loss

    Ricardo Salinas Recommends Bitcoin Over Real Estate Investment

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    XRP Analyst Predicts $32 Price Surge After Long Consolidation

    XRP Gains 450% After Regulatory Clarity; ETH Falls

    Smithii Enables Rapid Meme Coin Creation on Solana

    JA Mining Enhances Crypto Accessibility with AI-Powered Platform

    JA Mining Expands Altcoin Services with AI Optimization

    BlockDAG Partners with Seattle Seawolves for Blockchain Solution

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Crypto Service TipJar to Cease Operations in 2020 as Market Slows Down

Tony P. by Tony P.
October 7, 2019
in Latest News
TipJar

TipJar – the micropayment service that focuses on cryptocurrencies, has announced its plans to cease operations in the first quarter of 2020.

The company arrived at the decision after its cryptocurrency tipping service failed to catch on. According to a Reddit post on October 6, a developer (u/doppio) pointed out that other users should withdraw their remaining funds still held in their accounts. The developer advised that the Reddit bot for TipJar, which handles automated payments, would stop functioning immediately, and the website would follow “in six months.”

The developer said:

“I had a great time creating this service, and it was fantastic seeing all the engagement when it was being used actively, but lately there has been very little activity on the bot.”

Micropayments on the Ethereum Blockchain

TipJar was designed on the Ethereum blockchain to provide micropayments on social media in various digital currencies. Established in 2017, the service led to a continuous decline in altcoin markets.

“I have been paying the monthly server fees for several years, and although they are pretty minimal, at this point it doesn’t make much sense for me to continue putting money into the service when it’s going unused.”

The developer further suggested the introduction of an open-source code once the shutdown is complete. If that happens, it will be a prayer answered for many users.

“I have been asked a lot about making the code open-source, which I have been hesitant to do before doing a more rigorous analysis of the system’s security, but I would be happy to make the code open-source when the service is no longer running,” the post concluded.

TipJar Experienced Tough Market Challenges

When the concept was first launched, crypto tipping acquired considerable attention. However, the experience of TipJar is not new. A fellow tipping service ChangeTip witnessed a similar occurrence in 2016, when it also disappeared, even after raising $3.5 million in a seed funding round.

TipJar’s closure happens at a time when the crypto market is hard-hit, with many investment preferences shifting from blockchain to Bitcoin-allied businesses.

Feature Image: The Second Spirit

Tags: Cryptocurrency TippingmicropaymentsReddit BotTipJar
Previous Post

Freelanex to Launch IEO on October 10

Next Post

Japan to Accept Cryptocurrency Donations for Political Campaigns

Tony P.

Tony P.

Related Posts

OKX Addresses User Complaints and Promises Faster Resolution

by Joshua T.
July 5, 2025

OKX exchange addresses user issues of locked funds, promising solutions amid mounting complaints.

Hong Kong Launches Third Tokenised Bond, Zero ETF Stamp Duty

by Anca F.
July 5, 2025

Hong Kong issues third tokenised bond with zero stamp duty on ETFs, aiming to enhance digital asset market appeal.

Hong Kong Announces Third Tokenized Bond, No Stamp Duty on ETFs

by Solomon M.
July 5, 2025

Hong Kong launches third tokenized bond, removes stamp duty on ETFs, aiming to boost digital finance.

Hong Kong to Issue Third Tokenized Green Bond

by Solomon M.
July 5, 2025

Hong Kong announces third tokenized green bond issuance with ETF stamp duty relief.

Hong Kong to Launch Third Tokenized Green Bond

by Solomon M.
July 5, 2025

Hong Kong announces its third tokenized green bond issuance, enhancing digital asset initiatives under Financial Secretary Paul Chan's leadership.

Hong Kong to Launch Third Tokenized Green Bond Initiative

by Solomon M.
July 5, 2025

Hong Kong announces its third tokenized green bond issuance and ETF stamp duty relief, signaling a major digital asset strategy...

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.