Base

How’s this not the biggest crypto unlock of the year? @base and Square need to partner up on this.

Face ID -> NFC Tap -> Xfer USDC

2.75% saved for small merchants. 

Goodbye Visa. Goodbye networks.

How’s this not the biggest crypto unlock of the year? @base and Square need to partner up on this.

Face ID -> NFC Tap -> Xfer USDC

2.75% saved for small merchants. 

Goodbye Visa. Goodbye networks. 

https://9to5mac.com/2024/08/14/apple-nfc-chip-iphone-ios-18-1/

Consumers get 1-3% cash back when they use a credit card. And chargeback protection.

Rewards programs are pretty easily replicated on chain - chargeback protection is one of the few instances where a middleman really is hard to beat.

Fair, but Base chain sure is collecting a ton of transaction fees. Diverting that back to network growth via rewards programs might be one option? Merchants offering the rewards directly is another.

Interest and non-collateralized lending both need a robust on chain credit system. 

It feels like we just need fresh ways to arrange new puzzle pieces

And who pays for the rewards if you don’t have the fees and interest rates? :)