The Nano Tip Bot Chrome Extension Use Cases Are Growing as Social Media Interest Sees Uptick
Popular zero-fee crypto Nano recently published a blog in which they highlight the numerous applications that have helped Nano’s adaptability in the previous year. One of the biggest focus of the article had been about tip-bots that help with microtransactions.
Cryptocurrency tipbots are apps that enable users on various social media platforms, such as Facebook, Twitter, and Reddit, to send microtransactions or “tips” to other users. While there are slight variations amongst each tipping bot, they generally all function the same way. First, you create an account and fund your tipping wallet with the bot’s native digital currency.
Then, you go onto the supported social media platforms and pay users who you believe are worthy of a small tip by tying the bot’s payment command. The command line could be something like /u/tippingbotsname or @tippingbotsname @username. The recipient can then collect their cryptocurrency tip by creating an account with the tipping bot and then transferring the money from that account into their personal wallets.
The Nano Bot
Founded in September 2018, The Nano Bot is an outstanding example allows users to quickly and easily send and receive Nano tips back and forth on the platform. The Nano Tip Bot was an instant hit in the Nano community and is an original and seamless application of the protocol into an already well-established medium.
“I wanted to give a tool to people who could introduce new users to Nano. On Twitter, there are 336 million active users. Anyone of them can now receive a tip without leaving the website, which I think is pretty powerful. Every tip mentions the $NANO cash tag, so anyone searching for it could stumble upon the bot and get some publicity through that as well. And now, anyone can reward or introduce someone to Nano without the hassle of setting up a wallet,”
said Andrew Mitchell.
Nano Bot On Reddit
The Reddit Nano Tipbot is a recent addition to the Nano ecosystem and it allows any Reddit user to tip Nano across the entirety of the Reddit environment. While replying to any comment users can send a !ntip <amount>or !nano_tip <amount> to send Nano to the designated Redditor.
u/Zily88 of Reddit says:
“ Writing this bot for any other currency isn’t close to as easy as it is with Nano. For Bitcoin, fees are high so you need to make a whole centralized database to handle microtransactions. For other coins, you need to calculate fees and account minimums. For Nano, just send it. Nothing more.”