Latest News

WordPress’ new plugin to allow receiving Ad revenue in Ethereum

WordPress' new plugin to allow receiving Ad revenue in Ethereum

An open-source content management system, WordPress, accepted a new plugin on its platform that enables the content publishers to receive Ad revenue in Ethereum. A newly-released WordPress plugin named EthereumAds enables content creators to auction ad space and accept ETH in return.

EthereumAds, the new WordPress plugin, intends to contend with Google Adsense with the new advertising extension for publishers. Recently, Google Adsense is the world’s foremost ad monetization platform. EthereumAds emphasizes the auction process for the ad space. The publishers will integrate its widget to the WordPress website. Moreover, the ad space will be sold to the most leading bidder automatically for 14 days. Moreover, all content publishers will be able to receive ad earnings undeviatingly into their ETH wallet. There are various cryptocurrency extensions accessible on WordPress. It involves payment buttons and price tickers.

WordPress’s new plugin EthereumAds is decentralized

As mentioned above, Google Adsense is leading. Nevertheless, Adsense has encountered criticism encompassing demonetization over the past few years. AdSense handles payments via conventional banking methods. Contrarily, EthereumAds is decentralized owing to cryptocurrency-based payments. Moreover, other crypto-based monetization systems like Brave and Coil have comparable strategies. This approach limits transactions from blockage. Further, these plugins could make it simpler for advertisers and publishers to negotiate easily.

Earlier, Draper Goren Holm, a Tim Draper-backed blockchain venture studio, launched a WordPress plugin to promote cryptocurrency exchange characteristics for any website. WordPress Cryptocurrency Exchange is available on any website operating on a WordPress content management system (CMS). Thus, enabling the extension of crypto trading features or even developing an entire exchange.

WordPress has had a brief connection with cryptocurrency. The site was one of the first online businesses to receive Bitcoin payments in 2012. Nonetheless, WordPress suspended the payment option in 2016, owing to an increase in Bitcoin fees. After that, various cryptocurrency plugins came to WordPress. It includes price tickers, payment buttons, and donation buttons. Approximately 300 cryptocurrency extensions exist. Conclusively, the new EthereumAds plugin is cooperative with autonomous websites as well as WordPress blogs.

Follow BitcoinWorld for more updates.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.