Consumer Crypto

apparently there’s a dating app launching today that leverages crypto as a form of micropayment.

man stakes small amount of USDC to indicate serious interest in the woman (and vice versa) to show more intentionality, since current apps guy is incentivized to swipe right constantly.

uniquely enabled by crypto because micropayments don’t make sense with credit cards, which is how current apps operate.

@qw shared this example, and says his framework for investing is always “is there a new consumer behavior unlocked uniquely by crypto?” and assess the size of the market (and the size of the dating market speaks for itself).

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

It would be better  if the stakes were slightly larger and  could immediately get allocated to a “date fund”. Once the woman accepts the date, the stakes can’t be reimbursed

Pros: 
- only people who put effort into profile/photos/prompts etc. will be noticed and invested in - or their date offers will be accepted
- URL>irl asap - skip the pen pal stage
- If anyone gets stood up, at least they can keep the money (there can be a fail safe for men getting stood up too) 

There was a similar concept before (skip the chit chat and actually go on a date) but the stakes were never high enough (both literally and figuratively)