MrBeast now teaming with Coinbase to give away $100,000 in Bitcoin on Twitter!

[dupee419]

That's actually huge, not only will it gain more popularity for Coinbase but giving Bitcoin more exposure to teenagers, MrBeast is a big personality/influencer, he's huge in NA and other continents because of how much he has given help to people by giving them crazy giveaways like this, it's actually a great opportunity for a collaboration like this to happen, and whoever gets picked is definitely lucky, I'll definitely join in this giveaway.

[davis196]

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 !!!

Calm down big boy.
The company that hosts the giveaway creates the rules and requirements.
They can decide who can and who cannot participate.
What do you mean by "rich and influential"?The giveaway is open to people,who are living in Tier 1 countries(US,UK,CA),and currently have a Coinbase account.This doesn't look like a pretty high barrier of entry.
Unfortunately,the people in other parts of the world can't participate,but life isn't fair anyways,so who cares.
I really hope that Mr.Beast will become the number 1 Youtuber in the world.
Pewdiepie became a little bit boring lately(I still like him though).

[mk4]

YouTube alone he has 67.8 million

And his Coinbase sponsored video already is approaching 25 million views in just the span of.. wait for it.. only 2 days. 😬



Video link for those interested: https://www.youtube.com/watch?v=zxYjTTXc-J8

[isaac_clarke22]

~

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.

~

I can imagine that. There are people trying to point out that he isn't really giving away "real" money.

Also at the same time, there are other people that are simply just saying that he gives from what he is earning in Youtube which should be obviously true. I don't have the numbers on how much do YT'ers earn actually, but from how I see other people quitting their jobs to go full YTer makes me think that Mr. Beast having 67.8M Subs (as of writing this) isn't faking it.  

[Welsh]

Also at the same time, there are other people that are simply just saying that he gives from what he is earning in Youtube which should be obviously true. I don't have the numbers on how much do YT'ers earn actually, but from how I see other people quitting their jobs to go full YTer makes me think that Mr. Beast having 67.8M Subs (as of writing this) isn't faking it.  

I imagine he would be keeping the revenue generated by the video, but the millions that he is giving away is from sponsors. However, while Youtubers of his size earn a considerable amount, basically its tied to how many views, and based on your content, and click through rate, determines how you could earn. He earns a lot of money per video, lets just say that. Although, if you've watched any of his videos hes got quite a large production, and a lot of employees that he has to pay. So, he probably doesn't benefit from the majority of that revenue.

[OgNasty]

Also at the same time, there are other people that are simply just saying that he gives from what he is earning in Youtube which should be obviously true. I don't have the numbers on how much do YT'ers earn actually, but from how I see other people quitting their jobs to go full YTer makes me think that Mr. Beast having 67.8M Subs (as of writing this) isn't faking it.  

I imagine he would be keeping the revenue generated by the video, but the millions that he is giving away is from sponsors. However, while Youtubers of his size earn a considerable amount, basically its tied to how many views, and based on your content, and click through rate, determines how you could earn. He earns a lot of money per video, lets just say that. Although, if you've watched any of his videos hes got quite a large production, and a lot of employees that he has to pay. So, he probably doesn't benefit from the majority of that revenue.

He talks about how he spends more than he makes in the below video.

https://www.youtube.com/watch?v=jaKINKK09FY

Basically, he's building his brand and not making money personally.  Think of it like how CEOs of major tech companies take a $1 annual salary.  Sure, they aren't making any money doing their job, but they're receiving ownership in an increasingly valuable entity that will certainly make them rich someday.

[Welsh]

He talks about how he spends more than he makes in the below video.

https://www.youtube.com/watch?v=jaKINKK09FY

Basically, he's building his brand and not making money personally.  Think of it like how CEOs of major tech companies take a $1 annual salary.  Sure, they aren't making any money doing their job, but they're receiving ownership in an increasingly valuable entity that will certainly make them rich someday.

Makes a lot of sense. Basically can flick the switch whenever he needs or wants to make that money. It's pretty impressive that a young guy like himself can become so successful, be in the limelight of Youtube (which tends to corrupt a lot of them), and still remain level headed enough to focus on his brand, and building the future rather than taking the money now.

His brand is already probably recognised around the world. I mean take me for example, I don't watch a lot of Youtube, but I knew of him instantly, and I also know his emblem. He's probably one of the most effective at planting that brand in your brain.

[mk4]

I can imagine that. There are people trying to point out that he isn't really giving away "real" money.

Also at the same time, there are other people that are simply just saying that he gives from what he is earning in Youtube which should be obviously true. I don't have the numbers on how much do YT'ers earn actually, but from how I see other people quitting their jobs to go full YTer makes me think that Mr. Beast having 67.8M Subs (as of writing this) isn't faking it.  

Oh they're making a lot, for sure. Even mid-sized YouTubers are making YouTube their main source of income despite being in really good industries. They should feel uneasy having a huge percentage of their income concentrated on YouTube though. Probably unlikely, but it's not impossible for Google to push an update that could screw them up monetary-wise.

[passwordnow]

I thought that they've already sponsored the whole $500k that has been made on the other recent video that has been uploaded. But it's true that Coinbase probably got tons of registrations after that video that has been made by MrBeast. The video was a success and Coinbase has appreciated it and there might be more of these sponsored videos from them in the future. Well, I am looking at it as a contribution to the massive adoption being done and endorsed by a popular YouTuber like MrBeast. Let's say that with 28M views on that video and 1% of it signed up to Coinbase, well that small assumption got them 280k new registrants within a day or two.

[Saidasun]

I wish we could see the numbers generated by Coinbase but I think they would have got more than 1% signing up and it will be closer to 10%. Only a small amount of that 10% will probably deposit money but at least they will be introduced with Bitcoin and might revisit it later. I wish there was more sponsorships for other Youtubers because it would only help with the adoption of btc. I am hoping that other exchanges and crypto gambling websites start advertising with Youtubers to spread the word about their company and Bitcoin. MrBeast is probably the best Youtuber to contact because he has shown a interest in btc and he makes very good videos which will encourage people to invest more because he is trustworthy.

I can imagine that. There are people trying to point out that he isn't really giving away "real" money.

Also at the same time, there are other people that are simply just saying that he gives from what he is earning in Youtube which should be obviously true. I don't have the numbers on how much do YT'ers earn actually, but from how I see other people quitting their jobs to go full YTer makes me think that Mr. Beast having 67.8M Subs (as of writing this) isn't faking it. 

Oh they're making a lot, for sure. Even mid-sized YouTubers are making YouTube their main source of income despite being in really good industries. They should feel uneasy having a huge percentage of their income concentrated on YouTube though. Probably unlikely, but it's not impossible for Google to push an update that could screw them up monetary-wise.

I think most money that Youtubers rely on will be from sponsorships something that Youtube cannot control. If you have listened to youtubers talk about ad money it can vary depending on the algorithm and what type of content you create.

[meanwords]

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

This is literally next level marketing. Their video was a huge success because of the entertainment value Mr. Beast put in it and with that, they are adding more fuel to the fire. Not to mention Mr. Beast is all over the world so having this promotion will really boost both Mr. Beast and Coinbase popularity in different demographics.

[franky1]

Mr beast is just taking advertisement media, sponsorship and game show entertainment and throwing it all together

other game shows like jeopardy, who wants to be a millionaire, american idol are all just shows running something entertainy, offering groups of people a large money prize for competing and all that money coming from advertising/sponsors

he has not re-invented the wheel. he has just made the wheel more shiny

some say he didnt really hightlight bitvoin/coinbase much...
yet he cant go over board advertising the sponsor as some things like youtube dont like that as they are not getting a managers fee(a cut of the deal) as the sponsor money is a private deal between coinbase and mr beast.
same goes for going too heavy advertising dunkin doughnuts on american idol if its sponsored them. they cant exactly mention it every fourth word for example

i think Mr beast done a sponsor deal for $1.5m. so that he had $500k prize $500k sub prizes(split other 49 contestants at $10k average). $100k twitter prize and $400k for bills and mrbeast income. its not cheap to hire a stadium for a day

[Fatunad]

~

This is literally next level marketing. Their video was a huge success because of the entertainment value Mr. Beast put in it and with that, they are adding more fuel to the fire. Not to mention Mr. Beast is all over the world so having this promotion will really boost both Mr. Beast and Coinbase popularity in different demographics.

'They do know on how to play the game and this turns out to be a very effective way or method of marketing and knowing the global viewers or subscribers of MrBeast then it would really be a good big exposure.
Giveaway is somehow only good for some specific places which is sad but good thing for those who do reside into those places but it doesnt matter as long we do get that exposure specially in crypto as a whole
then that do sums up with overall adoption and recognition.