Pay with Netstream.
Inspired by The Book from @NetNetCap, thereโs an opportunity to build a new payment primitive and infrastructure that uses future yield to pay for goods and services.
Imagine locking 0.1 $NET to pay for inference at $10 a month (OpenCode Go as a reference). Instead of spending the asset, you spend the yield it produces. Your principal remains intact.
The Book already introduces this primitive for sports betting. You lock your $NET until the bet settles and only put the accrued yield at risk.
This could be larger than betting.
Payment primitives have stagnated. Yes, the technical mechanisms and rails have been iterated on and improved, but fundamentally we still spend money we have or money we borrow.
Netstream would introduce another model: spending future yield. Programmable future money.
We would now have cash, credit and stream.
Shareholders,
NetNet Capital Management has entered a strategic partnership with @OlympusDAO and @origami_fi .
Olympus is adding wsNET/hOHM liquidity. NetNet will open hOHM bonding, hold hOHM in the treasury alongside USDG, and route unloop exits through the pool.
More Soon
Shareholders,
NetNet Capital Management has entered a strategic partnership with @OlympusDAO and @origami_fi .
Olympus is adding wsNET/hOHM liquidity. NetNet will open hOHM bonding, hold hOHM in the treasury alongside USDG, and route unloop exits through the pool.
More Soon
@NetNetCap just hit epoch 200, congrats to those who celebrate ๐ฅณ
For good reason though:
- Treasury hit $22M in 60 days
- Backing per net increased to $170
- 92%+ staked
- 100 bonds in <5 minutes after epoch 200 started
- dev doesn't sleep, community is concerned about his sleep (wholesome ๐)
- 13+ product launches since inception proving PMF that ultimately leads to building a distribution layer that will feeds back to the treasury
- Latest product is no principal loss sports betting, depending on selection of risk-off or risk-on mode, uses staking emissions to place a bet, if you win you increase you emissions, if you're wrong you lose emissions
- Not a matter of if, but when robinhood:0xca9c78dd337a67f6e0077f65f5e9218719d30edf
Lastly, I leave you with a quote:
"Time in net > timing net" - Rupert (aka Al Dunlap)
@cryptogle This was also a very small run through. Weโll ship a Super Bowl market this week which will allow you to wager rebases months into the future. It will feel and seem insane but hey, ๐ฅ
What happens next?
A sports book where you never risk any money to wager
A casino that takes no risk to play
A lending platform that pays your loan back for you automatically
And all of this will be packaged to fit RW-Play.
(๐ฅ ,๐ฅ )