Octopus

Intern @Route2FI | Following where the attention goes(🎵,🪑).

[Octopus @Octop3s]

Most people in the comment section will just share their referral links.

Here’s categories of different crypto cards/neobanks based on what you actually want to do with them:

• If you want access to DeFi + yield & more: @AviciMoney & @useTria
• Best customer support + access to yield: @plasma & @ether_fi
• If you’re in the EU: @gnosispay
• Best card options in APAC & Africa: @Redotpay
• If you want to send money abroad, get USD accounts, off-ramp, etc: @jup_mobile global & @hyperbeat
• Agentic payments: @cypher
• If you want a privacy card: @payy_link (KYC) & @offgridcash (non-KYC, still in beta)
• If you want to gamble on maybe having your transaction paid for: @itstuyo

What did I miss?

[vagabundo @vaga_vagabundo]

need a good crypto card

what are you guys using?

[Octopus @Octop3s]

@Mars_DeFi Fess goes down to zero

[Octopus @Octop3s]

here’s what you can learn from this as a neobank founder:

• make your gated product free.
• free means free marketing to the masses.
• make access free, but keep the best benefits exclusive.
• people get hooked.
• eventually, they’ll pay to unlock the premium benefits and that’s where you win.

tria playbook 101.

[Octopus @Octop3s]

Finally got my hands on @useTria.

If you don’t want to pay $20 to get access, you can do it for free for a limited time.

Gotta catch ’em all.

[Octopus @Octop3s]

@_EnieteneG Absolutely

[Octopus @Octop3s]

issuing a paid card and charging top-up fees is basically a race to zero at this point.

there are simply too many free alternatives available.

better to find new ways to monetize these fees are increasingly becoming a barrier that discourages users from interacting.

[Octopus @Octop3s]

@paoloardoino Lfg

[Octopus @Octop3s]

@psychopomp1217 @surfcashx Are you hearing yourself

Who care if they are on tron the service is what matter lol

[Octopus @Octop3s]

EtherFi’s credit card model of borrowing against DeFi positions is a perfect representation of crypto’s ethos, but it’s also one of the reasons mainstream adoption remains limited.

The adoption of this model is largely skewed toward whales and active crypto participants, not everyday people who know little or nothing about DeFi lending.

To move beyond our current stage, cross the chasm, and build an environment that appeals to people outside the crypto bubble, we need products that work alongside what has already proven successful in traditional finance.

For instance:

• How can we provide loans to freelancers?
• How can we make everyday life easier for regular people?
• How can we provide small business loans to entrepreneurs?

And most importantly, how do we do it without adding complexity or introducing friction by forcing "crypto" into every step of the process?

This is where unsecured lending comes in.

Unsecured loans work similarly to credit cards but are often much simpler. Lenders rely on factors like income, repayment history, cash flow, and account activity rather than requiring collateral.

Instead of forcing people to hold crypto assets, users could qualify for loans based on their financial behavior and track record.

Think of it as a credit card, but easier and more accessible.

Companies like SoFi and Nubank have built massive businesses around this model.

I haven’t seen many crypto neobanks seriously exploring this direction yet, which is why I think more startups should position themselves to solve it.

This, along with a few other ideas discussed in the article below, could go a long way toward accelerating adoption.

Hope you have a great day.

[Octopus @Octop3s]

https://t.co/tSS8eu4wZc

[Octopus @Octop3s]

@zoomerfied Show me the yield source

[Octopus @Octop3s]

@patfscott Not looking good 😌

[Octopus @Octop3s]

@torabyou Lfg torab

[Octopus @Octop3s]

@0xAsta It’s crazy they all use the same word lmao

[Octopus @Octop3s]

@0xDani Can’t agree more

[Octopus @Octop3s]

@0xAsta Nothing much but I try my best lol

[Octopus @Octop3s]

if you’re looking for neobanks just to save your money, here are some of the highest apys in the market right now:

• tria — up to 12% apy*
• avici — up to 11.8% apy
• etherfi — up to 4.5% apy
• plasma one — 4.7% apy
• hyperbeats — 4.26% apy

what did i miss?

*you need boosts/tier requirements to unlock the full apy on tria, unlike others that are open to all users.

[Octopus @Octop3s]

@HarryTran_RWA Let me join you 🤣🤣🤣🤣🤣

[Octopus @Octop3s]

@Paul_Leprecheur Yeah this too

[Octopus @Octop3s]

how did you pull this off when the average gas fee to send those rewards is more than $1?

genuinely curious to understand the economics behind it.

keen to see how sustainable this is in the long run, tbh.

[lava @lava_xyz]

Lava Card is live!

Earn up to 5% back in bitcoin on every purchase, anywhere Visa is accepted.

No annual fee, no FX fees.

Apply now.

[Octopus @Octop3s]

@psychopomp1217 @surfcashx MiniPay have everything in one place

[Octopus @Octop3s]

@YashasEdu It start with T lol

[Octopus @Octop3s]

i received my ghostwriting payment on a brand-new payment chain.

here are the steps i had to take just to off-ramp:

> manually go to Chainlink to add the network
> receive stables
> go to a CEX to get gas tokens
> bridge via Relay to a bigger chain
> buy gas tokens on the destination chain again
> send funds to a CEX
> initiate a P2P transfer
> wait 30 minutes for the merchant to complete the transaction
> finally receive money in my bank account

now compare that to receiving the same payment through a crypto neobank:

• multiple options to receive both stables and fiat
• receive stables
• spend directly from your card
• save and earn yield in the same place

that’s what mainstream adoption looks like.

[Octopus @Octop3s]

@harptheflarp @MarediaShehzan Sure ser

[Octopus @Octop3s]

@SecDeph Everything you do is a sign transaction study @minipay

[Octopus @Octop3s]

If your crypto neobank doesn’t have this button,

you’re just keeping money in a CEX in a white-collar suit.

[Octopus @Octop3s]

@SecDeph When you connect wallet to a website did that mean they can access to your wallet key?

[Octopus @Octop3s]

@harptheflarp @MarediaShehzan Ok let me check it out

[Octopus @Octop3s]

@CryptoRick98 Good one here Rick