It looks like you're trying to do a cashback site with crypto instead of cash - which is the ultimate fungible store of value.
Maybe you can elaborate on what does adding crypto bring to the table?
Maybe you can elaborate on what does adding crypto bring to the table?
So right now the marketplace is a “cash back” site.
But the biggest difference is that with cash back it’s not instant.
With crypto, we are able to instantly reward you for a purchase online.
We also have just released our bank integration piece that allows users to link their card, similar to Acorns etc, and when a transaction occurs we immediately reward it using Incent crypto.
The benefits for the user are: - it’s real value - you can send it to anyone - there are no expiry dates - you can exchange it for cash or soon for gift cards and a debit card - you can donate it
For the merchant, there is no liability in the future. They pay to buy the crypto, then send it to a user and the user can use it back on the store, which essentially means they are giving it back to the store.