i think there is a powerful model here for connecting the fiat <> crypto world
--use case--
1. non-crypto native user wants to use surplus intelligence for cheap ai tokens
2. they buy "credits" with their fiat (it's what theyre used to)
3. on the backend, their purchase is an on-ramp to USDC (1 "credit" is 1 usdc)
4. the rest of the platform works the same way that it does today with x402 calls
--why is this better (for the dev)?--
@CoinbaseDev enables @mac_eth to earn USDC rewards for the USDC deposited by his users. these funds can be used to power the project further.
--why is this better (for the user)?--
theoretically, devs could allow users to burn credits to get their USDC back. this isn't a thing in most fiat-based apps. try withdrawing money on the @Starbucks app and lmk how that goes.
--why is this better (for the builders, traders & speculators)?--
analytics, transactions, etc. remain onchain. it never goes down. the system remains transparent and interoperable with onchain apps.
--use case--
1. non-crypto native user wants to use surplus intelligence for cheap ai tokens
2. they buy "credits" with their fiat (it's what theyre used to)
3. on the backend, their purchase is an on-ramp to USDC (1 "credit" is 1 usdc)
4. the rest of the platform works the same way that it does today with x402 calls
--why is this better (for the dev)?--
@CoinbaseDev enables @mac_eth to earn USDC rewards for the USDC deposited by his users. these funds can be used to power the project further.
--why is this better (for the user)?--
theoretically, devs could allow users to burn credits to get their USDC back. this isn't a thing in most fiat-based apps. try withdrawing money on the @Starbucks app and lmk how that goes.
--why is this better (for the builders, traders & speculators)?--
analytics, transactions, etc. remain onchain. it never goes down. the system remains transparent and interoperable with onchain apps.
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