Content pfp
Content
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Haole pfp
Haole
@haole
Is @fabric like an on-chain version of Stripe for subscriptions and crowdfunding? I've heard it before but never looked into it until I bought a @buoy subscription today. It seems really interesting. Will give it a try when I launch something in the future.
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Michael Pfister pfp
Michael Pfister
@pfista
Itโ€™s better than stripe Itโ€™s the future payment rails of the internet If I wasnโ€™t working on buoy Iโ€™d be begging to work at fabric
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
Main downside to stripe is that payments arenโ€™t automatic. Fabric users have to reup their subscription. Big subscriber loss on that.
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Jonny Mack pfp
Jonny Mack
@nonlinear.eth
monthly recurring credit card payments are coming soon
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
Wait so is this where the creator gets paid right away And then the subscriber pays it off later!?
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Jonny Mack pfp
Jonny Mack
@nonlinear.eth
no, it works just like web2 monthly recurring cc payments. subscriber enters their info and their card is charged immediately
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Noah Bragg ๐Ÿ”ฅ pfp
Noah Bragg ๐Ÿ”ฅ
@nbragg
Oh nice! So then the user just has to have enough in their wallet.
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Jonny Mack pfp
Jonny Mack
@nonlinear.eth
no :)
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