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Author Topic: MrBeast now teaming with Coinbase to give away $100,000 in Bitcoin on Twitter!  (Read 270 times)
OgNasty (OP)
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September 02, 2021, 08:47:32 PM
Last edit: September 04, 2021, 10:56:43 PM by OgNasty
 #1

Along with teaming up to make a video, Coinbase is also now sponsoring a giveaway!  I'm guessing this means they received more attention from the video than they expected.

You can now reply to the below tweet using the hashtag #CoinBeastSweepstakes after you follow @MrBeast and @Coinbase for a chance to win $100,000 in BTC!

https://twitter.com/mrbeast/status/1433528712952229890?s=21

That's pretty much it!

Edit: Coinbase has also now officially announced the contest: https://twitter.com/coinbase/status/1433552622976331784?s=21

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September 02, 2021, 09:19:20 PM
 #2

If I read it correctly, the only eligible to this giveaway is, those residents of US, canada and UK based on the coinbase's terms. It also require the winner to have a coinbase account and a kyc identification is required.

Anyway, partnering mrbeast with a twitter follow giveaway is really effective in terms to increase followers.
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September 02, 2021, 09:29:14 PM
 #3

If I read it correctly, the only eligible to this giveaway is, those residents of US, canada and UK based on the coinbase's terms.
Yup, because the give away comes from Coinbase they must put restrictions, most likely the same ones as for the exchange. Interesting though that Coinbase is going for such a wide range cover I would have thought they are pretty well know. I suppose it doesn't hurt bringing in more fame + users  Cheesy

Quote
Anyway, partnering mrbeast with a twitter follow giveaway is really effective in terms to increase followers.
MrBeast can bring in the numbers, and as I type this I wondered how much will he get, any ideas???
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September 02, 2021, 09:32:59 PM
 #4

I've seen this post yesterday Bitcoin Reserves on Coinbase the Lowest Since December 2017
It seems the total balance on Coinbase exchange is decreased significantly, They may be running various campaigns to attract new traders to their exchanges. Over the past few days, I have noticed a lot of discussion about Coinbase on YouTube, Twitter, and various social media. Each of their giveaways and campaigns is very exciting and interesting. Previously I've joined their "Learn & Earn" Campaign, they ran it on their platform and gave cryptos who were able to answer correcly cryptocurrency-related questions.

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September 02, 2021, 10:02:11 PM
 #5

It is a really nice way to advertise Bitcoin honestly. I really like MrBeast as a Youtuber. And he has millions of followers now. This means that a lot of people can start having an interest in Bitcoin thanks to this giveaway. Coinbase has done a really nice job by teaming up with a person like him. The more people know and start using Bitcoin, the stronger Bitcoin is also.

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September 02, 2021, 10:07:50 PM
 #6

Mr beast is printing money , OMG I mean that amount from this young guy , I think he's doing good with ads and stuff

It is a crazy business model.  I think MrBeast is likely to become the first billionaire who made all his money from giving stuff away.  His entire story is crazy.  He got his start by taking out a huge loan and giving away all the money as a teenager.  Could you imagine?  When it comes to betting on yourself, and moreso betting on the kindness of others, Jimmy (MrBeast) is the best case scenario.  It's a model that is difficult to duplicate, as giving money away is easy (believe me, I've been doing it for 10 years now) but getting people to support you and join your mission to spread positivity is a far more difficult task.

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September 02, 2021, 10:17:56 PM
 #7

Some give away is not even worth doing at all!!!!
How will he make give aways in such a way that only the rich and influential people can participate?
Requirements are almost impossible for a starter to have,
Is that still called give away?
Fuck that !!!

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September 02, 2021, 10:29:34 PM
 #8

Good to not have another scam giveaway I guess anyway... Finally...

If I read it correctly, the only eligible to this giveaway is, those residents of US, canada and UK based on the coinbase's terms.

That's quite a large scope though too, most company giveaways are normally limited to just one territory so doing this should increase their coverage and make them look serious too - especially considering the trouble a lot of other exchanges are having with regulations.

I think you can expect them to want to get people to do kyc on their site too, they've probably put a handy "buy a coffee a month's worth of bitcoin" little button there too Wink. It'll probably at least filter more users towards faucets too which helps in our diversification of funds - just more people owning even a tiny fraction.
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September 02, 2021, 10:32:21 PM
 #9

The Bitcointalk Show missed its opportunity to collaborate Cheesy. It's quite mad that we were talking about Mr Beast possibility being interested in getting in on the cryptocurrency scene, and then I see this.  

It is a crazy business model.  I think MrBeast is likely to become the first billionaire who made all his money from giving stuff away.  His entire story is crazy.  He got his start by taking out a huge loan and giving away all the money as a teenager.  Could you imagine?  When it comes to betting on yourself, and moreso betting on the kindness of others, Jimmy (MrBeast) is the best case scenario.  It's a model that is difficult to duplicate, as giving money away is easy (believe me, I've been doing it for 10 years now) but getting people to support you and join your mission to spread positivity is a far more difficult task.
I had the impression that he doesn't keep the majority of the money, and re injects it into his content. Am I wrong in that? I was sure I heard him saying that at some point. I know some of his employees usually get lump sums if the titles of the threads are to be believed.
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September 02, 2021, 10:35:45 PM
 #10

Some give away is not even worth doing at all!!!!
How will he make give aways in such a way that only the rich and influential people can participate?
Requirements are almost impossible for a starter to have,
Is that still called give away?
Fuck that !!!
Not at all but most likely this had been always the case.People who are much more influential or rich would always have the chance but some cases on where regular users or joes
could still join up as long they could able to if they do able to finish or done on whats been required. Its good to see that MrBeast is teaming up with Coinbase even though this
giveaway is just good for some state or country then its still counts as a good way on advertising Bitcoin which would really be a good add up for more exposure.

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September 02, 2021, 10:38:16 PM
 #11

The Bitcointalk Show missed its opportunity to collaborate Cheesy. It's quite mad that we were talking about Mr Beast possibility being interested in getting in on the cryptocurrency scene, and then I see this.  

It is a crazy business model.  I think MrBeast is likely to become the first billionaire who made all his money from giving stuff away.  His entire story is crazy.  He got his start by taking out a huge loan and giving away all the money as a teenager.  Could you imagine?  When it comes to betting on yourself, and moreso betting on the kindness of others, Jimmy (MrBeast) is the best case scenario.  It's a model that is difficult to duplicate, as giving money away is easy (believe me, I've been doing it for 10 years now) but getting people to support you and join your mission to spread positivity is a far more difficult task.
I had the impression that he doesn't keep the majority of the money, and re injects it into his content. Am I wrong in that? I was sure I heard him saying that at some point. I know some of his employees usually get lump sums if the titles of the threads are to be believed.

It’s almost like I have good ideas from time to time (I am the inventor of the Lava Lamp Bitcoin Miner). Smiley

He does give nearly all of his revenue to charity or use it for giveaways. When I say he could be a billionaire it is because he owns the brand. That brand will likely carry a billion dollar valuation one day, and he’ll have no problems getting anything he ever wanted, regardless if he ever “makes” any money for himself or not.

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September 02, 2021, 11:02:24 PM
 #12

I've seen this post yesterday Bitcoin Reserves on Coinbase the Lowest Since December 2017
It seems the total balance on Coinbase exchange is decreased significantly, They may be running various campaigns to attract new traders to their exchanges. Over the past few days, I have noticed a lot of discussion about Coinbase on YouTube, Twitter, and various social media. Each of their giveaways and campaigns is very exciting and interesting. Previously I've joined their "Learn & Earn" Campaign, they ran it on their platform and gave cryptos who were able to answer correcly cryptocurrency-related questions.
Whoops!
Desperate coinbase , but unfortunately its not for worldwide. ive become his fan since a couple years ago now and seeing his generosity .. motivated me so much!
the main target of this campaign is of course those people who had a huge purchase power who living in those US canada based which $100k seems just average amount to giveaway .

ive been quitting to use coinbase since they continuously ask me for that kyc shit though.

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Kong Hey Pakboy
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September 03, 2021, 03:14:58 AM
 #13

If I read it correctly, the only eligible to this giveaway is, those residents of US, canada and UK based on the coinbase's terms. It also require the winner to have a coinbase account and a kyc identification is required.

Anyway, partnering mrbeast with a twitter follow giveaway is really effective in terms to increase followers.
That's about right, too sad that people from other countries can't participate in this competition, really wanted to join this one and have a chance of getting that prize money, 100k USD can change anyone's life so I feel some regret not being able to participate. This is a big boost to Coinbase because Mr. Beast has a really big following on Twitter.

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September 03, 2021, 09:00:46 AM
Last edit: September 03, 2021, 09:11:30 AM by Welsh
 #14

This is a big boost to Coinbase because Mr. Beast has a really big following on Twitter.
He has a much bigger following than just Twitter. Anyone giving out free money is going to be popular, and he's probably one of the most respected channels on the Youtube platform. Plus, if he's venturing into Bitcoin competitions, that can only be a good thing for Bitcoin, since he has contacts with several high profile sponsor companies, which might actually legitimise Bitcoin further in peoples minds.

It’s almost like I have good ideas from time to time (I am the inventor of the Lava Lamp Bitcoin Miner). Smiley

He does give nearly all of his revenue to charity or use it for giveaways. When I say he could be a billionaire it is because he owns the brand. That brand will likely carry a billion dollar valuation one day, and he’ll have no problems getting anything he ever wanted, regardless if he ever “makes” any money for himself or not.
I'm definitely not saying anything different.

Yeah, no doubt he could become a billionaire due to his brand, and if he can leverage it right. I'm assuming at the moment it's written in the sponsorship contracts that he has to give the majority of the money away. Though, hes probably living quite a comfortable life compared to the average person lets be honest.
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September 03, 2021, 09:18:17 AM
 #15

~
I thought that those giveaways were like just staged back in the days. I guess it is MrBeast being MrBeast. I first knew that guy when there was like that Pewdiepie trend back in the day and Mr Beast like advertised him really hard.
Let's see how these goes though.
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September 03, 2021, 09:41:56 AM
 #16

It's easy to come to the conclusion that it's staged especially in this day, and age when everything on Youtube is pretty much faked to a certain extent. Also, the face value of giving away money doesn't make much sense, but if you research on how he's getting that money in the first place, you'll soon realise that there it'll be written into the contract that it can't be staged. Sponsors are basically giving him a ton of money to advertise their company, and what better way than giving away money, and generating entertaining content at the same time.

This has been a method of advertising for a long time. Does anyone remember the call in shows where you could win a holiday or something along those lines? They generated money from the phone calls themselves, but a lot of those were sponsored by flight companies or other companies related to traveling.

Let's see how these goes though.
I don't see it going any different than his previous videos. The content will be some of the best on Youtube, and Coinbase will absolutely benefit from new users signing up to their platform. Then the Bitcoin community benefits from increased adoption.
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September 03, 2021, 09:50:04 AM
 #17

I thought that those giveaways were like just staged back in the days. I guess it is MrBeast being MrBeast. I first knew that guy when there was like that Pewdiepie trend back in the day and Mr Beast like advertised him really hard.
Let's see how these goes though.
If you were to say that thing without saying "back in the days", I would be insulted as a supporter of Mr. Beast because I have been on supporting that channel since the days of reading a dictionary in one sitting but it's understandable that you'll think that, charity and poverty porn content are great at gathering audiences. Never in my long time in that channel watching each video would I ever think that anything crypto related will sponsor Mr. Beast.

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September 03, 2021, 09:53:47 AM
 #18

I thought that those giveaways were like just staged back in the days. I guess it is MrBeast being MrBeast. I first knew that guy when there was like that Pewdiepie trend back in the day and Mr Beast like advertised him really hard.
Let's see how these goes though.

There's always a possibility of it being staged(at least one or a few); but MrBeast have been doing these sort of "game giveways" for so long now that it's got to the point that them having to stage their game competitions is most probably very unlikely.

And add to the fact that if they get caught staging stuff? The MrBeast brand itself would collapse, which he definitely doesn't want to happen. It would be very unwise for him to risk the reputation of such a huge brand.

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September 03, 2021, 10:50:02 AM
 #19

The Promotion begins on August 31, 2021 at 12:00 a.m.  192.168.100.1 192.168.1.1 (start of day) Pacific Time ("PT"), ends on September 7, 2021 at 11:59 p.m. PT (the "Promotion Period").

If you aren’t already, you must be a follower of the Sponsor’s official Twitter account (@coinbase).

Your Twitter account must be set to “public”.

You can “unfollow” u/coinbase and set your Twitter account to “private” any time after the winner announcement.

Follow the directions in the prompt tweet (“Prompt Tweet”) from u/MrBeast (“MrBeast Twitter Account”) to be entered.

From your Twitter account and prior to the end of the Promotion Period, comment on the Prompt Tweet (“Entry Tweet” or “Entry”) along with the hashtag #CoinBeastSweepstakes which complies with the instructions specified in the Prompt Tweet and these Official Rules to receive one entry.

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September 03, 2021, 11:05:26 AM
 #20

This is a big boost to Coinbase because Mr. Beast has a really big following on Twitter.
He has a much bigger following than just Twitter. Anyone giving out free money is going to be popular, and he's probably one of the most respected channels on the Youtube platform. Plus, if he's venturing into Bitcoin competitions, that can only be a good thing for Bitcoin, since he has contacts with several high profile sponsor companies, which might actually legitimise Bitcoin further in peoples minds.
One of the popular face with huge subscriber base on different social platforms

YouTube alone he has 67.8 million
Instagram - 13.4 million
Twitter -  11.2 million
Facebook - 5.8 million

Any partnership program with him will definitely have a huge impact and this is what coinbase took advantage of it and now giving away $100k in bitcoin is also huge but that would definitely come up with certain restrictions which all of these exchanges put upon users and winners.But those who don't have problems with KYC will go for this opportunity.

Mr.Beast might become billionaire with all his expensive videos and exciting offers to users as this time he has staggering net worth of $16 million approximately as per reports.But this offer is great and huge for many.


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