Strike Social is No. 17 among fastest-growing private companies in the United States, according to Inc. 500, is pleased to announce the inclusion of a Dash cryptocurrency as payment for digital advertising campaigns.
Firm Strike Social was honored to become the largest company in the optimization of advertising on YouTube, with half of its revenue comes from Facebook and other digital ad platforms, such as Amazon, Double Click, Snapchat, Twitter, LinkedIn and Instagram. Strike Social is working with 14 different currencies, they have access to 40 countries outside the United States.
"It's hard to Express how time-consuming, laborious and costly for the company is to work with different currencies," says Patrick McKenna, Chairman and co-founder at Strike Social. "It is very difficult to conduct international financial accounting. In most cases, we have to hire additional local tax professionals to help us deal with the tax and banking service".
Strike Social it took 4 years to create four foreign subsidiaries and 10 different traditional banking relationships in eight countries. However, the company was not able to break into some major markets, such as Brazil and India.
"Add a Dash of cryptocurrencies as payment method, opens to us the rest of the world. With their minimal transaction charges, is the key to complete success for us and our customers," adds McKenna.
It is expected that next year the global spending on ads reached 269 billion dollars, reaching by 2020 the total amount of 335 billion dollars. "We'll take everything in the Dash if required," says McKenna.