on
@FocusDotXYZ , you can create a monthly recurring subscription for as little as $0.01 per month.
why is that a huge f*cking deal?
because previously, if you wanted to do this, you would have to give up 2.9% and 30 cents to a centralized payment provider like Stripe — which can also dictate your entire payment policy as they can cancel your account at anytime without notice.
but also, most creator platforms require arbitrary thresholds (# of followers), linking bank accounts and going through a long creator KYC approval flow just to even *enable* payments and monetization features.
but since
@FocusDotXYZ is built with crypto payment rails, it completely eliminates all of these problems.
it works because the DeSo blockchain supports derived keys, deeply integrated at the layer-1 level and the wallet.
this means that apps can perform transactions on your behalf, like paying for recurring subscriptions, without ever needing to touch your private keys.
and the reason you can go as low as a penny per month (even lower honestly), is because transaction fees on DeSo are less than $0.00001
but you can also go as high as you want too — which Stripe would never let you do!
want a subscription tier for high networth individuals at $10,000 per month? no problem, DeSo and Focus can handle it.
this opens up content monetization to roughly anyone in the world with an internet connect, from the moment they sign up and create a DeSo wallet.
no unnecessary hoops and hurdles.
it's the way crypto should be — unlocking new financial opportunities for *everyone* across the world.