Ngl, I never wanted to make a call for
$Swipeable because of my history with the dev, lol. But if what he is building is actually being used I'll and there's proof of concept, then i don't see a reason why not to get in the action as well.
Solana: CzWrdBpvxRarcNveetuP5GfnJwBWYz5DPJwGYNkapump
The underlying utility is clean asf. You deposit sol as collateral, and then you get a virtual visa card instantly. You can spend it anywhere online, pay bills, and get 100% of your collateral back.
Remember
$magpie they are doing something in the same niche but not entirely, tho.
Magpie, let's you borrow against your assets, keep the assets, get liquidity, pay interest, and liquidation risk exists. While
$Swipeable lets you lock collateral, spend the equivalent, pay exactly what you spent, get collateral back, zero interest, zero liquidation risk.
Pretty close imo.
Anyways, moving on to my thesis,
$Swipeable is not kyc, no bank acct needed as well. Your sol is the collateral, not a payment.
Yes, ik non kyc can become a huge problem institutionally, but I think with time, our world will grow towards that imo.
Proof of product use case as well by a community member and so many others have confirmed the tek to be working as well.
Sample link:
x.com/i/status/2065616671201β¦
The product keeps getting bigger and better as well.
Card Top-up just went live, and they are currently working on shipping history and expense management within the website as well.
I'm more interested in the disposable cards coming soon. You can make one transaction, and then the card expires automatically. How insane is that? Lmao.
Hold 1M
$SWIPABLE, and every card is zero issuance fee. $4 to $200 saved per card. Discount applies automatically when you connect your wallet.
Tldr,
Most crypto products are built for traders.
@TrySwipeable is built for people who actually want to use crypto as money privately, instantly, without asking anyone for permission.
I know people sold as well because of dev history, but hey, this is actually something unique.
35k is free imo
Dyor and don't forget to FAFO