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Reddit's collectible avatars initiative, which was launched in partnership with Polygon, has been a success. To date, over 5 million NFT collectibles have been minted, which has been a bright spot in an otherwise difficult times.
The total number of minted avatars surpassed the 5 million mark, with over 4.25 million unique wallets holding at least one collectible, according to Polygon and Dune Analytics.
Reddit surpassed OpenSea, one of the largest NFT marketplaces, in total users who own NFTs. While NFTs have had branding issues due to their association with scams, Reddit has simplified the process by using familiar terms and avoiding jargon as much as possible.
This makes user experience design, and community the key to the initiative's success. Reddit also made wallet creation effortless and seamless. Unlike the conventional way of creating wallets today, Reddit creates it for you in a few clicks.
The NFT avatars give users social power within their subreddits. With an avatar, they can stand out in the comments, give high-value awards, and use them as profile pictures.
Through this initiative, Reddit is showing how Web2 platforms, through avatar giveaways, can drive significant adoption in Web3. The initiative's track record of over 5 million minted NFTs demonstrates the potential of familiar and user-friendly social platforms.
#confidential00 #conventional39 #conventional92 #conventional38 #conventional37 #conventional36 #conventional35 #conventional91 #confidential02 #conventional34 #conventional33 #confidential06 #nonfungibletoken #conventional32 #conventional90 #conventional31 #collectibles2 #confidential1 #confidential04 #conventional30 #collectibles1 #conventional99 #conventional98 #confidential5 #collectibles0 #conventional4 #conventional97 #conventional96 #conventional95 #conventional94 #confidential0 #conventional3 #conventional9 #conventional93
https://youtu.be/bYZcoLVJhe8
The total number of minted avatars surpassed the 5 million mark, with over 4.25 million unique wallets holding at least one collectible, according to Polygon and Dune Analytics.
Reddit surpassed OpenSea, one of the largest NFT marketplaces, in total users who own NFTs. While NFTs have had branding issues due to their association with scams, Reddit has simplified the process by using familiar terms and avoiding jargon as much as possible.
This makes user experience design, and community the key to the initiative's success. Reddit also made wallet creation effortless and seamless. Unlike the conventional way of creating wallets today, Reddit creates it for you in a few clicks.
The NFT avatars give users social power within their subreddits. With an avatar, they can stand out in the comments, give high-value awards, and use them as profile pictures.
Through this initiative, Reddit is showing how Web2 platforms, through avatar giveaways, can drive significant adoption in Web3. The initiative's track record of over 5 million minted NFTs demonstrates the potential of familiar and user-friendly social platforms.
#confidential00 #conventional39 #conventional92 #conventional38 #conventional37 #conventional36 #conventional35 #conventional91 #confidential02 #conventional34 #conventional33 #confidential06 #nonfungibletoken #conventional32 #conventional90 #conventional31 #collectibles2 #confidential1 #confidential04 #conventional30 #collectibles1 #conventional99 #conventional98 #confidential5 #collectibles0 #conventional4 #conventional97 #conventional96 #conventional95 #conventional94 #confidential0 #conventional3 #conventional9 #conventional93
https://youtu.be/bYZcoLVJhe8
Reddit Minted 5 MILLION NFTs Through Their Avatar Profile Picture Initiative. Bullet Po...
Reddit's collectible avatars initiative, which was launched in partnership with Polygon, has been a success. To date, over 5 million NFT collectibl...
Global payments giant Visa signaled its stronger, sustained interest in crypto, releasing a paper outlining how the firm could one day collaborate with the Ethereum network on automatic payments.
The paper, sparked by an internal company hackathon, details how Ethereum users could—with support from Visa—schedule auto-payments sent from self-custodial crypto wallets.
This capability is not yet possible on the Ethereum mainnet, but would be enabled by a popular Ethereum proposal called “Account Abstraction.”
“We want to have an opportunity to actively contribute to technical developments happening in the crypto ecosystem,” said Catherine Gu, Visa’s Head of Central Bank Digital Currency and Protocols.
“The best way to do that is learning by doing—actually getting deeper into Web3 infrastructures and blockchain protocols, areas I think are going to be really important for payments, said Gu.
“This technology is very nascent right now, but there could be something there down the road. A lot of research needs to be done around fundamental aspects important for payments, like security and scalability.”
“From a payments standpoint, most blockchain networks are not yet scalable enough to process transactions at a really high speed in a secure and trusted way.”
“It's very important to figure out what's the signal and what's the noise. We're taking a much longer-term perspective on this technology. It may have real utility, and that’s why we’re here: to invest more, to do research,” Gu said.
#abstraction5 #selfcustody1 #collaboration6 #selfcustody0 #abstraction9 #selfcustody6 #collaboration #abstraction4 #developments2 #blockchain #abstraction0 #selfcustody8 #collaboration5 #developments1 #abstraction3 #abstraction8 #developments0 #abstraction7 #developments9 #developments8 #collaboration4 #collaboration3 #developments7 #collaboration9 #selfcustody5 #collaboration2 #selfcustody #abstraction2 #developments6 #cryptocurrency #abstraction #collaboration8 #developments5 #capability #selfcustody7 #contribute #collaboration1 #developments #collaboration0 #catherine #selfcustody9 #selfcustody4 #developments4 #selfcustody3 #developments3 #collaboration7 #protocols #selfcustody2 #abstraction6 #abstraction1
https://youtu.be/sJ78LLgywZg
The paper, sparked by an internal company hackathon, details how Ethereum users could—with support from Visa—schedule auto-payments sent from self-custodial crypto wallets.
This capability is not yet possible on the Ethereum mainnet, but would be enabled by a popular Ethereum proposal called “Account Abstraction.”
“We want to have an opportunity to actively contribute to technical developments happening in the crypto ecosystem,” said Catherine Gu, Visa’s Head of Central Bank Digital Currency and Protocols.
“The best way to do that is learning by doing—actually getting deeper into Web3 infrastructures and blockchain protocols, areas I think are going to be really important for payments, said Gu.
“This technology is very nascent right now, but there could be something there down the road. A lot of research needs to be done around fundamental aspects important for payments, like security and scalability.”
“From a payments standpoint, most blockchain networks are not yet scalable enough to process transactions at a really high speed in a secure and trusted way.”
“It's very important to figure out what's the signal and what's the noise. We're taking a much longer-term perspective on this technology. It may have real utility, and that’s why we’re here: to invest more, to do research,” Gu said.
#abstraction5 #selfcustody1 #collaboration6 #selfcustody0 #abstraction9 #selfcustody6 #collaboration #abstraction4 #developments2 #blockchain #abstraction0 #selfcustody8 #collaboration5 #developments1 #abstraction3 #abstraction8 #developments0 #abstraction7 #developments9 #developments8 #collaboration4 #collaboration3 #developments7 #collaboration9 #selfcustody5 #collaboration2 #selfcustody #abstraction2 #developments6 #cryptocurrency #abstraction #collaboration8 #developments5 #capability #selfcustody7 #contribute #collaboration1 #developments #collaboration0 #catherine #selfcustody9 #selfcustody4 #developments4 #selfcustody3 #developments3 #collaboration7 #protocols #selfcustody2 #abstraction6 #abstraction1
https://youtu.be/sJ78LLgywZg
Visa TEASES Ethereum Collab! Aims to ‘Actively Contribute’ to Crypto Development. #Shorts
Global payments giant Visa signaled its stronger, sustained interest in crypto, releasing a paper outlining how the firm could one day collaborate ...
U.S. neobank Cogni today debuted its noncustodial wallet. Founded in 2018, in the Barclays' accelerator program, Cogni has refocused on web3, following in the footsteps of Revolut, N26 and Step.
Currently, Cogni's wallet acts as a shell that allows users to simply hold, send and receive crypto, but a forthcoming partnership with an as-yet-unnamed exchange will let users purchase crypto in-app.
Neobanks have so far largely sought to build out crypto investment tools via custodial solutions provided by third-party crypto service providers. Cogni's wallet, which is integrated with a bank account, will connect directly to an exchange which allows them to provide institutional rates to regular customers.
Unlike other fintech companies, Cogni's wallet is built alongside its preexisting banking services in the app. This means that users can view everyday transactions and bills — ticket purchases, grocery bills and paychecks — alongside on-chain transactions in one interface.
The startup is also looking to dive deeper into NFTs with an integration that will be rolled out after the wallet's launch. There are plans in the pipeline to enable NFT-based profile pictures.
In April, Cogni raised a $23 million Series A led by Korean firm Hanwha Asset Management and CaplinFO. The wallet will launch from the outset as a multi-chain solution and look to expand into new layer-one networks such as Aptos in the coming months.
#nonfungible1 #preexisting3 #cryptocurrency9 #preexisting2 #preexisting1 #preexisting0 #noncustodial2 #nonfungible0 #multichain0 #noncustodial #noncustodial1 #institutional7 #accelerator1 #accelerator #cryptocurrency8 #accelerator0 #noncustodial0 #accelerator7 #preexisting9 #transactions9 #nonfungible9 #preexisting8 #preexisting7 #transactions8 #noncustodial9 #cryptocurrency #institutional6 #transactions7 #institutional5 #nonfungible8 #accelerator6 #accelerator5 #cryptocurrency1 #nonfungible7 #cryptocurrency7 #cryptocurrency0 #preexisting6 #transactions6 #nonfungible6 #accelerator9 #institutional #cryptocurrency6 #transactions5 #cryptocurrency5 #transactions4 #preexisting #institutional4 #transactions #nonfungible5 #noncustodial8 #accelerator8 #cryptocurrency4 #transactions3 #nonfungible5 #accelerator4 #cryptocurrency3 #transactions2 #cryptocurrency2 #transactions1 #accelerator3 #nonfungible #accelerator2 #noncustodial7 #institutional3 #transactions0 #preexisting5 #institutional2 #institutional9 #preexisting4 #accelerator1 #profilepictures #noncustodial6 #institutional8 #nonfungible4 #noncustodial5 #management #institutional1 #multichain #noncustodial4 #institutional0 #nonfungible3 #noncustodial3 #nonfungible2
https://youtu.be/HoC6tVlzhZE
Currently, Cogni's wallet acts as a shell that allows users to simply hold, send and receive crypto, but a forthcoming partnership with an as-yet-unnamed exchange will let users purchase crypto in-app.
Neobanks have so far largely sought to build out crypto investment tools via custodial solutions provided by third-party crypto service providers. Cogni's wallet, which is integrated with a bank account, will connect directly to an exchange which allows them to provide institutional rates to regular customers.
Unlike other fintech companies, Cogni's wallet is built alongside its preexisting banking services in the app. This means that users can view everyday transactions and bills — ticket purchases, grocery bills and paychecks — alongside on-chain transactions in one interface.
The startup is also looking to dive deeper into NFTs with an integration that will be rolled out after the wallet's launch. There are plans in the pipeline to enable NFT-based profile pictures.
In April, Cogni raised a $23 million Series A led by Korean firm Hanwha Asset Management and CaplinFO. The wallet will launch from the outset as a multi-chain solution and look to expand into new layer-one networks such as Aptos in the coming months.
#nonfungible1 #preexisting3 #cryptocurrency9 #preexisting2 #preexisting1 #preexisting0 #noncustodial2 #nonfungible0 #multichain0 #noncustodial #noncustodial1 #institutional7 #accelerator1 #accelerator #cryptocurrency8 #accelerator0 #noncustodial0 #accelerator7 #preexisting9 #transactions9 #nonfungible9 #preexisting8 #preexisting7 #transactions8 #noncustodial9 #cryptocurrency #institutional6 #transactions7 #institutional5 #nonfungible8 #accelerator6 #accelerator5 #cryptocurrency1 #nonfungible7 #cryptocurrency7 #cryptocurrency0 #preexisting6 #transactions6 #nonfungible6 #accelerator9 #institutional #cryptocurrency6 #transactions5 #cryptocurrency5 #transactions4 #preexisting #institutional4 #transactions #nonfungible5 #noncustodial8 #accelerator8 #cryptocurrency4 #transactions3 #nonfungible5 #accelerator4 #cryptocurrency3 #transactions2 #cryptocurrency2 #transactions1 #accelerator3 #nonfungible #accelerator2 #noncustodial7 #institutional3 #transactions0 #preexisting5 #institutional2 #institutional9 #preexisting4 #accelerator1 #profilepictures #noncustodial6 #institutional8 #nonfungible4 #noncustodial5 #management #institutional1 #multichain #noncustodial4 #institutional0 #nonfungible3 #noncustodial3 #nonfungible2
https://youtu.be/HoC6tVlzhZE
Trending Updates
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Master C.
Jan 8, 2023
We are looking for the best of the best from our members to join our Premier Master Enabler Program. Focusing right now on International Expansion and New Market Entry professionals for Europe, Latin America, and the USA. Interested in learning more message Master Connector here or email - masterenabler@fintechconnector.com
Upvoted by Johannes and 11 others
Upvoted by 12
1 comment
Master C.
Aug 9, 2022
Meet our FinTech Connector Switzerland Cruise sponsors on September 9th in Zurich.
Lloyd's & Partners (VIP Gold Sponsor) and VISA Europe (Premier Sponsor).
We want to thank Lucas T. Landolt (Lloyd's & Partners), Adrian Burgi (Lloyd's & Partners) and Santosh Ritter (VISA) for your support and we look forward to meeting you in Zurich.
There is still time to RSVP for our premier event of the year - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
Thank you Fabian Lehner for organizing this event for our FinTech Connector members and partners.
#FinTechConnector #Switzerland #Zurich #Event
Lloyd's & Partners (VIP Gold Sponsor) and VISA Europe (Premier Sponsor).
We want to thank Lucas T. Landolt (Lloyd's & Partners), Adrian Burgi (Lloyd's & Partners) and Santosh Ritter (VISA) for your support and we look forward to meeting you in Zurich.
There is still time to RSVP for our premier event of the year - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
Thank you Fabian Lehner for organizing this event for our FinTech Connector members and partners.
#FinTechConnector #Switzerland #Zurich #Event
Upvoted by Greg and 8 others
Upvoted by 9
5 comments
Master C.
Jun 17, 2022
As the global economic environment is shifting, now more than ever partnering with the right organizations to increase business opportunities, focus on revenue growth, and drive innovation is critically important.
We can help you on your fintech and innovation journey.
Click on the link to learn more and let's jump on a call to discuss your business objective - https://www.fintechconnector.com/organizations
#FinTechConnector #Innovation #Partnerships #BusinessDevelopment
We can help you on your fintech and innovation journey.
Click on the link to learn more and let's jump on a call to discuss your business objective - https://www.fintechconnector.com/organizations
#FinTechConnector #Innovation #Partnerships #BusinessDevelopment
Upvoted by Brian and 4 others
Upvoted by 5
3 comments
Angel L.
Jan 11, 2023
I wrote an article that highlights the opportunities and challenges of digital transformation in banking and covers points on having a well-thought-out plan, organizational culture, and how to get started with partners that have done it already.
Click to read the article - https://www.fintechconnector.com/blog-actual/2023/1/9/innovating-banks-start-with-a-digital-transformation-plan
Sharing with our Financial Service Automators - Vikas Bansal Erik Gillet Darrell Wright Luisa Franco Batu Sat Simon Weifenbach Les Riedl Andy Lin Jenna Chamra Craig Schwartz Robert Lacoursière Michael Montecuollo Jonathan Blessing Christin Nagel Shweta Mahajan Michael Young Martina Rousseau Ridham Modi Trena Blair Jen Gonzalez Carlos M. Mendes
Click to read the article - https://www.fintechconnector.com/blog-actual/2023/1/9/innovating-banks-start-with-a-digital-transformation-plan
Sharing with our Financial Service Automators - Vikas Bansal Erik Gillet Darrell Wright Luisa Franco Batu Sat Simon Weifenbach Les Riedl Andy Lin Jenna Chamra Craig Schwartz Robert Lacoursière Michael Montecuollo Jonathan Blessing Christin Nagel Shweta Mahajan Michael Young Martina Rousseau Ridham Modi Trena Blair Jen Gonzalez Carlos M. Mendes
Upvoted by Ridham and 14 others
Upvoted by 15
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Stephen W.
Mar 18, 2022
See our recent WealthTech 2022 report for a range of viewpoints and thinking on the main trends for WealthTech in 2021/2022.
https://www.thewealthmosaic.com/vendors/the-wealth-mosaic/news/wealthtech-2022-is-live/
This is one of an expanding number of reports we've created at The Wealth Mosaic on technology in wealth management. Next up is our second ESG report, then our second Blockchain & DLT report, then our first US RIA WealthTech report.
https://www.thewealthmosaic.com/vendors/the-wealth-mosaic/news/wealthtech-2022-is-live/
This is one of an expanding number of reports we've created at The Wealth Mosaic on technology in wealth management. Next up is our second ESG report, then our second Blockchain & DLT report, then our first US RIA WealthTech report.
Upvoted by Diego and 7 others
Upvoted by 8
4 comments
Luisa F.
Mar 7, 2024
Hello Fintech Connector Community! I have a bank client looking for fintechs that are interested in bank sponsorship. If you're in the market for a bank sponsor, please message me.
Upvoted by Stuart and 2 others
Upvoted by 3
6 comments
Angel L.
Apr 17, 2022
Another powerful report from FIS on global payments. This is a 156-report that gives you global payments trends, key insights, and other important ecosystem information.
The payments space continues to evolve with super apps, CBDCs, embedded finance, evolution of real-time payments, banking the unbanked, and more...
Check out the report and use it as a reference guide for what's happening and what's coming in payments.
I want to thank Ahmed Refaie Abdo from DSRPTD in the UAE for sharing it with me.
What are your thoughts? Steven Wasserman, Mario Cohen, Jaroslaw Sarwa, Angel Lorente, Carlos M. Mendes , Fabian Lehner , Elena Kozhemyakina , Jaroslaw Sarwa , Adam Ull , Sefa Bicer , Shafique Ibrahim
#fintechconnector #fintech #financialservices #innovation #payments #CBDC #cryptocurrency
The payments space continues to evolve with super apps, CBDCs, embedded finance, evolution of real-time payments, banking the unbanked, and more...
Check out the report and use it as a reference guide for what's happening and what's coming in payments.
I want to thank Ahmed Refaie Abdo from DSRPTD in the UAE for sharing it with me.
What are your thoughts? Steven Wasserman, Mario Cohen, Jaroslaw Sarwa, Angel Lorente, Carlos M. Mendes , Fabian Lehner , Elena Kozhemyakina , Jaroslaw Sarwa , Adam Ull , Sefa Bicer , Shafique Ibrahim
#fintechconnector #fintech #financialservices #innovation #payments #CBDC #cryptocurrency
Upvoted by Michelle A. and 7 others
Upvoted by 8
5 comments
Master C.
Oct 5, 2022
Great seeing our Mexico Community Partner Sofia Gamboa on El Financiero Factor Fintec speaking with Sergio Loredo about fintech in Mexico.
Watch the interview here - https://www.elfinanciero.com.mx/video/tv/factor-fintech/2022/10/01/entrevista-con-sofia-gamboa-de-fintech-connector-por-sergio-loredo-factor-fintec-4-t4/
NOTE: The interview is in Spanish.
Watch the interview here - https://www.elfinanciero.com.mx/video/tv/factor-fintech/2022/10/01/entrevista-con-sofia-gamboa-de-fintech-connector-por-sergio-loredo-factor-fintec-4-t4/
NOTE: The interview is in Spanish.
Upvoted by Alfonso and 8 others
Upvoted by 9
5 comments
Master C.
May 13, 2022
SWITZERLAND IS CALLING ALL FINTECH CONNECTOR MEMBERS...
Join us in Zurich in September for a networking lunch cruise around Lake Zurich.
RSVP today and meet members from over 10+ countries in one of the most beautiful cities in Europe.
Here is the link - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
#FinTechConnector #Community #Zurich #Events
Join us in Zurich in September for a networking lunch cruise around Lake Zurich.
RSVP today and meet members from over 10+ countries in one of the most beautiful cities in Europe.
Here is the link - https://www.eventbrite.com/e/fintech-connector-switzerland-networking-lunch-cruise-vip-dinner-registration-239437362597
#FinTechConnector #Community #Zurich #Events
Upvoted by Victor and 7 others
Upvoted by 8
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Angel L.
Nov 11, 2022
Great to see how we have come a long way since our Meet Ups at Hurley's in NYC to now travelling the world to connect people, opportunities, and capital. Looking forward to our 2023 FinTech Connector events being announced shortly.
Hope to have many of our members joining us on our Innovation Days, Cruises, and VIP Member Dinners.
Thanks to our Community Partners Fabian Lehner Jaroslaw Sarwa Elena Kozhemyakina Shmuel Ben Tovim Mario Cohen Narayanan Ganapathy Meriem Yacoubi Varsenia Stoyanova Aleksandra Ossowska Alfonso Ballesteros Ryohei Uetani Sofia Gamboa Vikas Bansal Shaul Lifshitz
Hope to have many of our members joining us on our Innovation Days, Cruises, and VIP Member Dinners.
Thanks to our Community Partners Fabian Lehner Jaroslaw Sarwa Elena Kozhemyakina Shmuel Ben Tovim Mario Cohen Narayanan Ganapathy Meriem Yacoubi Varsenia Stoyanova Aleksandra Ossowska Alfonso Ballesteros Ryohei Uetani Sofia Gamboa Vikas Bansal Shaul Lifshitz
Upvoted by Vikas and 12 others
Upvoted by 13
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