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Boost Mobile Allowing Users To Pay Bill With Blockchain Boost Coins

Boost Mobile who is tipped to be getting into audio as well as their own retail network in Australia, has seen the US operation move to allowing phone bills to be paid with “blockchain-backed” Boost coins earned through watching ads and playing games.

They have also introduced a wheel of fortune which when spined could earn you dollars off your account if you come up with a lucky prize.

Boost Mobile in the USA is part of the Dish Network however it’s not known whether the unique concept will be introduced by the Australian operation.

Dish Networks claims that consumers can get BoostCoins by downloading the new BoostOne app, and then interacting with the games, ads, and Boost Mobile’s partners from within the app.

The total value of a Boostcoin equals just one cent.

Boost Mobile says it plans on letting users share BoostCoins with each other in the future and will eventually include other ways to redeem the coins, like trading them for a free phone.

An advertisement lasting several seconds will earn you two BoostCoins.

There’s also a Wheel of Fortune-style Spin & Win game that rewards players with anywhere from five cents to $5 in a single spin.

It’s unclear whether there are limitations on how many games you can play per day, as well as how many ads you can watch.

“This represents an exciting new business model and a steppingstone into the future for wireless consumers,” Stephen Stokols, the CEO of Boost Mobile, claimed.

“Most telcos rely on subscription models, but it’s time to move beyond the old ways and to embrace proven digital models popular in other industries.”

Boost has an exclusive relationship with Telstra who is also reviewing new Boost software that delivers marketing and operational intelligence for operators.

Project Genesis is already being used by Dish Networks where it helps the company fine-tune their network.

In a hint of what could be the future Boost CEO Stokols teased a new post-paid Boost Infinite wireless that could let users pay for their new phones with cryptocurrency, as well as allowing users to exchange their unused data for digital currency.

Dish is currently in the process of trying to squeeze its way between T-Mobile, Verizon, and AT&T to become the fourth major carrier option in the US, and its deadline to cover 20 percent of the population with its service is closely approaching.

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