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Ben - [C/x]
@benersing
I need your help. If I were to sit down tomorrow with a group of local business leaders in Kansas City to extol the virtues of web3, what’s the product stack that they could begin implementing tomorrow? How would each be 10x better than their current solution? If I can build confidence in an answer, then I’ll make it happen. Today, the answer isn’t clear. Cc @samantha @percs
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Ben - [C/x]
@benersing
Customer identity?
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tomu
@tomu.eth
payments + identity - accepting USDC is a huge step (lower fees, fast settlements, 24/7, etc) - on identity (agree with everything @samantha mentioned) + could even go deeper implementing loyalty plans (blackbird example)
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DV (insert a lot of emojis)
@degenveteran.eth
I believe Coinbase is looking for Small Businesses to connect with them and start accepting crypto. So if it's small businesses... I'd tie in the Small business administration (S.B.A) and how it would benefit the "customers" to the "S.B.A."?
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Sam (crazy candle person) ✦
@samantha
Identity is very clear and is a good pitch to local business owners. I find it so helpful to have someone’s bank account (their address), their email, their shipping address for demographics, and their social accounts together. If I had to do a hypersub manually - I’d have to pay for a shopify app, have a third party app for messaging, and another one for updates and announcements, and then follow my customers on their social media. But luckily it’s all on Farcaster and gated by identity. Processing fees are also lower (but off boarding fees are not). I anticipate off boarding feels will not exist in the next 5 years as CB begins to become a bank. My high level bet is that founders will begin to have a circular feedback esque relationship with customers instead of one way advertising. Seeing customers as equals and co - creators is where CPG needs to go. I don’t know how to scale it but I’m gonna try to make it happen
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McBain
@mcbain
USDC on Base Seamlessly accept and move money 24hrs a day
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Chinmay 🕹️🍿
@chinmay.eth
If you are talking about brick and mortar businesses, I think the answer is unclear. But, if you are talking about local business leaders in the software industry, the benefits are as clear as the beaches in Fiji. Some ideas 1. Get paid onchain with stablecoins. Saves money and instant cash availability (use Coinbase crypto solutions) 2. Crypto users are generally willing to pay more than the regular users. (use Farcaster to launch the businesses and expand into Crypto Twitter) 3. Lots of creators making great content. Partnering up for leadgen is easier and less noisy (partner with someone like Bello pr Mastercard creators accelerator )
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Patricio Worthalter
@worthalter
For existing running businesses I doubt you can find a 2x improvement (much less a 10X) that could be captured with web3 tech. My recommendation would be to try to get them up speed on the web3 paradigm so they are better positioned when the technology can actually be used for solving a problem they have.
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limone.eth 🍋
@limone.eth
i'm building Drift (previously Shift), allowing them to accept USDC, avoiding them crypto headache, abstracting all the crypto layer, and allowing them to easily offramp could this be a starting point? https://warpcast.com/limone.eth/0x5dbd958d
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![Ben - [C/x] pfp](https://i.imgur.com/qdfZSol.gif)
