Matthew (@Galaxnode) header
Matthew (@Galaxnode) profile picture

DeFi Researcher | Ambassador Turning complex Web3 into simple insights. Research β€’ Content β€’ Community

Joined May 2024
Officially received $52.00 from @RevenueFamily
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𝑾𝒉𝒂𝒕 π’Šπ’‡ π’šπ’π’– 𝒄𝒐𝒖𝒍𝒅 𝒑𝒓𝒐𝒗𝒆 π’šπ’π’– 𝒆𝒂𝒓𝒏𝒆𝒅 π’•π’π’Œπ’†π’π’” π’˜π’Šπ’•π’‰π’π’–π’• π’“π’†π’—π’†π’‚π’π’Šπ’π’ˆ π’˜π’‰π’Šπ’„π’‰ π’„π’π’π’•π’“π’Šπ’ƒπ’–π’•π’Šπ’π’ π’˜π’‚π’” π’šπ’π’–π’“π’”? That's the problem @venuodotfun is solving. It separates contribution from token delivery. Here's how it works: 🧡
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A few days ago, I watched someone receive a payment from a client in crypto. At first, he was excited. The payment had arrived on-chain, and the transaction was successful. Then came the frustrating part. Read through; this is valuable. 🧡
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Replying to @EFEXGEEK
Interested
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A freelancer finishes the first milestone. The work is done. The client is satisfied. Then the familiar process begins: β€œCan you approve the payment?” The client has to review it, approve it, send the payment, and repeat the same process for the next milestone.
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Replying to @byzanlink
@byzanlink is building the infrastructure layer for onchain capital markets. Tokenisation is only the first step. Let's take a deep diveπŸ§΅πŸ‘‡
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AMA TODAY with Byzanlink The $BYZAN presale is now live on @Alphamind_labs, and today we’re taking the conversation to X Spaces. πŸ”— Join the Space: teapawt.net/i/spaces/1dJrP… @AnbuKannappan, Founder of @Byzanlink, will be discussing: 🧡
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You have 40 contributors to pay. And you're still opening your wallet 40 times. Copy address. Enter amount. Confirm payment. Mark it as paid. Move to the next person. At what point does paying contributors become an operations problem?
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You got paid in crypto. Now what? You received USDC. Great. But your rent is in naira. Your food is in naira. Your data is in naira. Your bank account only holds naira. So how do you actually turn that crypto into money you can spend?|
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Replying to @Ajala_xbt
Done . 0x05d5C88b09D85351b06A8AafF31a6C789B2D3Ce8
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You finally finished the work. You get paid. Then you’re told your money is β€œunder review.” You can see the balance, but you can’t actually use it. That raises a question most people don’t ask when choosing a payment platform: Who actually controls your money?
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Crypto payments are getting easier. But there’s still one major problem: You can receive stablecoins on-chain, but how easily can you turn them into the money you actually use every day? This is where @pviumapp + @paycrest becomes interesting.🧡
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Institutional financial products have the same problem, at a much deeper level. After tokenization, the product may still need: β†’ Investor qualification β†’ Permissioning β†’ Subscriptions β†’ Redemptions β†’ Servicing β†’ Distributions β†’ Reporting β†’ Compliance controls
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Think about putting a house on-chain. Creating a digital representation of the house doesn't automatically solve: β†’ Who is allowed to buy it? β†’ How is ownership verified? β†’ How is it transferred? β†’ How is the transaction settled?
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