MILAN, May 28, 2022 – During the Blockchain Week Rome 2022, the biggest Italian event focused on Blockchain and cryptocurrency, CHILI (chili.com) streaming platform announces the partnership with Coinbar. This new deal makes available CoinbarPay for CHILI’s users who would be able to pay for the platform’s content in cryptocurrency starting from June 15, 2022. At the very beginning the new service will support Bitcoin (BTC), Ripple (XRP) and DigitalBits (XDB), as well as the stablecoin Tether (USDT).
«We’ll be the first in Europe to accept payments in crypto to buy series and movies on our streaming platform», explains Giorgio Tacchia, CEO and Founder of CHILI.
«The company will accept crypto payments also by companies interested in media and advertising spaces. Web 3.0 revolution will actually be a paradigm shift for our company. It might be still early to say so, but this is a spreading phenomenon that cannot be ignored. Many users, stakeholders and investors need to pay with this new currency and CHILI has always been a pioneer in offering a window on the future».
«An other step towards adoption», says Antonello Cugusi, Coinbar CEO and Co-Founder. «Crypto finally can be used as the traditional payment methods, with a fast and friendly experience. The new CoinbarPay can easyly be integrated in any online process, including POS, making multicurrency shopping available with the option of EURO settlement for the benefit of retailers. For Coinbar users is even possible to pay instantly through any supported chain supportate and with no transaction costs».
CHILI is a Tech Media Company that has developed a proprietary Over The Top (OTT) platform. It distributes directly (CHILI.com) in five European countries – Italy, England, Germany, Austria and Poland. Established in 2012 as a streaming platform with the TVOD (Transactional Video On Demand) model, today it also offers its customers AVOD (Advertising Video On Demand) service and OTT platform development through its subsidiary CHILI TECH.
Coinbar is a cryptocurrency exchange based in Italy. In addition to the standard exchange method, its mission is the merging of the real and virtual economy through the creation of an integrated platform with merchant services aimed at business owners and the creation of physical ‘Coinbars,’ hybrid structures between bars and offices in the territory, which are proposed as a hub for industry enthusiasts and an attraction for new adopters.