A Bitcoin financial services company, Swan Bitcoin, has launched a unique Bitcoin Benefit Plan for businesses. This benefit programme introduces monthly bonuses in Bitcoin as an effort to mainstream crypto adoption.
The Wilson Auto Group, Compton Magic, Voltage, and Everbowl are trying to convince their workforces to embrace bitcoin via this new program, which will help them receive monthly bonuses in crypto.
The four early adopters of Swan’s “Bitcoin Benefit Plan” for small businesses are offering $50 and $100 Bitcoin (BTC) bonuses to every employee each month.
Swan CEO Cory Klippsten stated that it’s like a bitcoin education club that gets spawned at your company, and everyone is going down the path with this shared purpose together.
The initiative appears to be a major step in spurring mainstream bitcoin adoption. Klippsten also mentioned that a good company benefit usually has a greater perceived value than its actual cost. This newly launched plan will generate enthusiasm for cryptocurrency and help people learn about it.
Under this program, each month, up to $100 in bitcoin will be directly deposited into employees’ Swan accounts. Companies who take part in the program have to pay Swan $2 a month per employee, along with a 1% transaction fee.
Wilson Auto Group, Compton Magic, and Voltage among others are already receiving positive feedback from employees.
Grahan Krizek, the founder and CEO of bitcoin infrastructure company Voltage expressed his excitement saying, “There is a ‘Stack Stats’ culture in Bitcoin, so being able to help team members stack more satoshis is a win-win for both culture and their long term savings.”
On the other hand, Wilson Auto Group CEO C.J. Wilson, a bitcoin enthusiast, said that he was “trying to orange-pill” his employees to accept Bitcoin. The Matrix reference has been adopted by bitcoin supporters to describe such acceptance.
Wilson employee Chris Williams who has already received $100 in two payments called the program ‘genius’. Well, Bitcoin rewards aren’t new in the crypto industry.
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