HOW DOES BUFF MAKE MONEY?
Buff is a software application that enables users to earn redeemable rewards while playing video games on their PC or mobile phone.
Gamers can earn rewards while they play titles like League of Legends, CS:GO, PUBG, Fortnite, and plenty more.
The Israeli company was founded in 2018 by Elay De Beer, Ophir Gertner, and Ophir Sarapi.
The founders initially planned to create a blockchain-based loyalty program for gamers but abandoned the project later on.
It took them a mere 3 years to take the company public, which they did in 2021 on the Tel Aviv Stock Exchange.
But how does Buff, which is free to use, actually make money?
Buff offers different subscription plans, granting users access to premium features such as increased daily rewards.
Buff displays banner and video ads across its platform. Every time you see one of those ads it gets makes a tiny bit of money.
Buff launched a debit card in late 2021. Merchants accepting payments are charged interchange fees on every transaction.
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