Thread by @SimonYuSEA

1) Summarizing a couple of important points I made in the @tradethechain interview since the sound was so bad.

Regarding the StormX debit card.

Banks and most card companies make an insane profit by milking as much money as they can from their own users.

2) Instead of this logic, our mindset is to have paper thin margins and just let our product be so awesome our users will want to tell everyone they know about this.

Let the users benefit with more money in their pockets.

3) With all our merchant partners what if we can offer a card that offers 3-10x rewards than any other platforms can offer? Travel, lodging, shopping, as long as you’re a StormX user or better yet a member by owning tokens you can attain insane rewards?

4) If a company wants to make $1 Billion in revenue. You can accomplish this by finding out how to monetize $1 from each user. If you want to break it down monthly it’s $0.083 a person if you have a billion users.

That’s a really low barrier and easily possible.

5) Having our own crypto it’s annoying having to deal with people who are looking for short term speculation.

I keep telling those people to go away and go bug the other few thousand projects that have no utility.

6) Why our mindset is different is because we’re genuinely working on more ways our token can be more useful with our product each day.

7) At the end of the day it’s supply and demand, if we have enough perks that people will be willing to pay X”$” for a membership that’s what it’s designed for. It’s a product people are willing to pay for and if it becomes more useful more people will want it.

8) Why I spend few hours of every day on Twitter even though I’m busy.

10 years ago I got exposure of working at Amazon and got to experience why Jeff Bezos’ obsession with his customers helped Amazon succeed.

9) Anyone in the world could email him at [e-mail] and he would send a question mark to people within the team if people asked about a problem.

10) Although I can’t respond to all the comments I spend taking time reviewing the feedback. This helps me understand what people have questions about and what we need to prioritize in order to make things simpler.

11) If one person has a dumb question it’s likely a hundred others have the same question.

Our ultimate vision isn’t just about cashback. It’s to create the largest marketplace for “Earning”

12) Our goal is to build a single platform where any user regardless can come and find opportunities to earn.

Marketplaces like Uber and Airbnb have a big audience but the need to earn money is something all 8 billion people on Earth will need at one point.

13) If you look at our white paper our key focus is around three products. Play, Shop, and Gigs. We’ve launched the first two with the third being a freelance model like upwork and Taskrabbit that will allow us to create more opportunities to earn in our platform.

14) I don’t think there’s ever been another company where the target audience is every single human being on Earth.

There’s a lot of work ahead of us but everyone in our team is excited to build this future helping create additional income opportunities for all.