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https://warpcast.com/~/channel/degentokenbase
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@wake
Who's building something that supports $DEGEN? Shill your product below so I can tip you wisely 🎩💰
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@links
I've been toying with the idea of a making a $degen /bcard. What do you think?
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@wake
Can you TLDR /bcard?
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@links
Debit card with rewards in $degen. Every time you swipe you are supporting the degen community Getbcard.io or /bcard for more info
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@wake
Ok. So my mind is spinning with possibilities now. This seems like an obviously good fit? The marriage of crypto social's money with crypto banking? Like... there's a LOT of interesting directions that can go... I'm intrigued. Hey @purp, check out their pitchdeck for DAOs....
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@links
Unfortunately we can’t do much crypto banking yet…although that’s the long view. For now we only allow users to load/spend fiat. Basically we are taking fees that normally go to banks and funneling them into web3. If we can make this work we empower web3 while setting ourselves up to do more.
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@wake
Gotcha. So I charge it like a normal debit card, but the fees get swapped for crypto?
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@links
Exactly! Every time you make a purchase you earn $degen. Getting a coffee? $degen Buying clothes? $degen Paying rent? $degen
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@wake
And those monies can be set by the issuer to go, in part, to some DAO (or wherever)?
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@links
Yeah that’s the part /bcard handles. We get fiat from our card issuer and convert it for our rewards. We can do it on a DEX (buy-side pressure) or OTC (ex /noggles gave us $nogs to distribute and we will send fees to their multisig)
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@wake
Really fascinating. With the right community support and token, that could be big. Imagine if some low percentage of degentlemen, degens, and haberashers used the card for routine purchases because the card itself has a HAT on it. Good enough for me lol
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