{"id":50955,"date":"2021-04-21T09:51:07","date_gmt":"2021-04-21T09:51:07","guid":{"rendered":"https:\/\/timestampmag.com\/?p=50955"},"modified":"2021-04-22T10:02:17","modified_gmt":"2021-04-22T10:02:17","slug":"time-magazines-digital-subscription-now-available-with-crypto-payment-option","status":"publish","type":"post","link":"https:\/\/timestampmag.com\/2021\/04\/21\/time-magazines-digital-subscription-now-available-with-crypto-payment-option\/","title":{"rendered":"Time Magazine\u2019s Digital Subscription now Available With Crypto Payment Option"},"content":{"rendered":"<ul>\n<li>Time Magazine will now accept one-time crypto payments for its 18-month digital subscription valued at $49.<\/li>\n<li>The option is only available in the United States and Canada for now.<\/li>\n<li>Time Magazine is running this scheme in collaboration with Crypto.com, a leading digital currency platform.<\/li>\n<\/ul>\n<p>In partnership with Crypto.com, Time Magazine has decided to accept one-time crypto payments for the magazine\u2019s 18-month digital subscription for $49. Users who will choose to pay with Crypto.com\u2019s native coin CRO will qualify for up to 10% cashback on their purchase. Although the scheme, at present, is only available in the United States and Canada, it will soon have a global rollout scheduled for July 2021. Keith Grossman, the president of Time Magazine, expects the partnership to expand its subscription base beyond its present community of 2.3 million.<\/p>\n<h2>Cryptocurrency-as-a-Payment: Latest Leap in Time\u2019s Digital Transformation Strategy<\/h2>\n<p>According to Bharat Krish, the CTO of Time, introducing the cryptocurrency-as-a-payment option marks the next phase in Time\u2019s digital transformation plan. President Grossman believes that their partnership with Crypto.com will lead to further innovations resulting in newer products and offerings for the entire community.<\/p>\n<p>Crypto.com has been one of the forerunners in encouraging the global adoption of cryptocurrencies. It has launched a mobile payments app that grants users as much as a <a href=\"https:\/\/cointelegraph.com\/news\/crypto-com-launches-200m-investment-fund-for-cryptocurrency-startups\" target=\"_blank\" rel=\"noopener\">20%<\/a> discount when purchasing with the CRO coins. It also has associations with <a href=\"https:\/\/cointelegraph.com\/news\/visa-reaffirms-commitment-to-crypto-payments-fiat-on-ramps\" target=\"_blank\" rel=\"noopener\">Visa<\/a> leading it to the launch of prepaid <a href=\"https:\/\/cointelegraph.com\/news\/visa-reaffirms-commitment-to-crypto-payments-fiat-on-ramps\" target=\"_blank\" rel=\"noopener\">cards<\/a> that reward users with cashback paid in CRO tokens.<\/p>\n<h2>Time Magazine\u2019s View Towards Cryptocurrencies<\/h2>\n<p>Keeping pace with time, Time Magazine, one of the most popular publications in the USA since 1923, has been prompt in its adoption of crypto. In late March 2021, it embraced the blockchain digital art movement by auctioning three non-fungible tokens. All these three NFTs took their inspiration from some of the most iconic covers of the magazine.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignleft wp-image-50957 size-full\" src=\"https:\/\/timestampmag.com\/wp-content\/uploads\/2021\/04\/crypto-coins.png\" alt=\"\" width=\"901\" height=\"627\" srcset=\"https:\/\/timestampmag.com\/wp-content\/uploads\/2021\/04\/crypto-coins.png 901w, https:\/\/timestampmag.com\/wp-content\/uploads\/2021\/04\/crypto-coins-300x209.png 300w, https:\/\/timestampmag.com\/wp-content\/uploads\/2021\/04\/crypto-coins-768x534.png 768w\" sizes=\"(max-width: 901px) 100vw, 901px\" \/><\/p>\n<p>The magazine\u2019s April 5, 2021 cover posed the question, \u201cIs Fiat Dead?\u201d referring to the turn the state-backed paper currencies could be taking in the future. Its adoption by one of the US\u2019s century-old institutions indicates that the importance of <a href=\"https:\/\/timestampmag.com\/2020\/03\/01\/whats-the-crypto-in-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">cryptocurrencies<\/a> as a payment mode is on the rise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Time Magazine will now accept one-time crypto payments for its 18-month digital subscription valued at $49. The option is only available in the United States and Canada for now. Time Magazine is running this scheme in collaboration with Crypto.com, a leading digital currency platform. In partnership with Crypto.com, Time Magazine has decided to accept one-time [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":50956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[543,370,542,503,137,532,541,254],"_links":{"self":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts\/50955"}],"collection":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/comments?post=50955"}],"version-history":[{"count":2,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts\/50955\/revisions"}],"predecessor-version":[{"id":50959,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts\/50955\/revisions\/50959"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/media\/50956"}],"wp:attachment":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/media?parent=50955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/categories?post=50955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/tags?post=50955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}