🇳🇱 Only Possible On Solana
I'm at the Solana Breakpoint Conference in Amsterdam, going deep on payments on Solana
Hey from Amsterdam 👋
I’m attending the Solana Breakpoint Conference where the slogan ‘Only Possible on Solana’ is holding true:
GM! We've started spotting some #OnlyPossibleOnSolana posters in Amsterdam. Keep an eye out! Excited to see everyone this week and catch up IRL. #SolanaBreakpoint
— Meg_Hughes (@Meg_Hughes)
Oct 28, 2023
In this week’s newsletter I discuss:
Everything going on with Solana Pay and payments on Solana
Camera minting NFTs
Web3 domain renewals
I’ve been mentioning why I’m so bullish on Solana in previous issues here and here in August (when $SOL was in the $20-24 range), at the start of September ($18-20 range), and at the start of October ($21).
Now at the start of November, $SOL is over $37 as I write and schedule this issue in the early hours!
Tap to pay? At a vending machine? All on chain?? 👀
Thank to our partners at @longeye_monstre we weren't kidding when we said Venta at #breakpoint2023 will be the greatest display of just how fast and easy it is to settle payments using @solana. ⏩
— Venta (@venta_xyz)
Oct 28, 2023
Let’s break down what all the different companies in this partnership are doing, but first a word from today’s sponsor:
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The co-founder of Monstre is CM, who did a panel yesterday with Venta and Decaf (mentioned below):
Amazing panel, love seeing friends shine.
@cm_monstre of @longeye_monstre, @FerOrduna28 of @Decaf_so, @HemisphereCrpto of @venta_xyz, @jnwng of @SolanaFndn
— Melody Rose Serra (@MelRSerra)
Oct 31, 2023
The video wasn’t up on the Solana Foundation YouTube channel at the time of publishing but will likely be there now.
Right, next up in the partnership is…
I had a great chat with Izaac Moran, Managing Director of Venta which created the Venta playbands and web app that you use to tap to pay:
To get going, you simply tap the playband to your phone to access the app:
You can then use Venta’s POS with Solana Pay and purchase specialty coffees in USDC with one tap:
Talking of coffee, I like mine with less caffeine…
If you still have USDC left on your playband at the end of the conference, this is where Decaf Pay’s off-ramping comes in.
I spoke with Rick Martin the co-founder of Decaf who have a partnership with Moneygram where you simply fund your withdrawal and and take out cash:
To cash out you use the Decaf Wallet, select ‘Withdraw cash at MoneyGram, and you get assigned a reference number. You then go to a MoneyGram location (which are all over the world), provide your ID and reference number and pick up your cash. I actually walked past this location in Amsterdam earlier in the week:
If you want Euros for #Breakpoint2023 in Amsterdam - you can cash out your $USDC at @MoneyGram locations!
— Rick Martin (@rickdanielm)
Oct 29, 2023
Decaf also have a POS solution that works on a tablet, is powered by Solana Pay, and is being used at Community Basecamp at Breakpoint, where you can buy merch in USDC:
It’s a combination of banking and community, replacing sort codes and routing numbers with people.
Mike opened his talk by saying that sling is also ‘only truly possible on Solana’ with Matt Wyndowe, CBO at Solana Foundation, stating it’s like a next generation Venmo:
Incredible payments app - @mhudack demos at @SlingMoney at #Breakpoint2023… like a nextgen cross-border venmo. Amazing user experience. 🧵
— matt wyndowe (@mattwyndowe)
Oct 31, 2023
You can also watch the video on YouTube on the Solana channel here.
You simply launch a pay link and get paid instantly in $SOL - this video shows how to quickly get going with web3 payments:
There is no log-in for end-users, you simply connect your crypto wallet and purchase.
This issue is already super long so to try not to be clipped by gmail, I’ll let the post do the talking (but again, only on Solana)…
Don’t just collect NFTs…
With Camera Mint on Phantom mobile, instantly turn photos and videos into @solana NFTs you can save forever.
— Phantom (@phantom)
Oct 30, 2023
Strangely, there was no mention of how renewals make domains available that would otherwise be squat on or lost.
You can listen here.
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Disclaimer: Nothing in this email is financial advice and I am not a professional investment adviser. I send weekly updates on digital asset news and what I'm doing personally - consider it informational and for entertainment purposes only. Thanks to atato for sponsoring this issue.