Convenience shouldn’t be difficult, and you shouldn’t have to worry about selling assets just to report them come tax time.
❌ Spending your assets to make purchases
❌ watching your assets grow just to realize you sold them
✅ Borrowing against your assets
✅ No tax implications
✅ Letting your assets earn while you spend
I’m not here to shill you, there’s 100 cards on the market. I’m here to let you know that you can spend your assets without actually selling them.
@xplaceapp
my friend pitched his startup idea at dinner last week.
everyone said: you've got this.
nobody mentioned that 0.1% of businesses ever hit $10M revenue.
same odds as making the olympics.
both are the same difficulty. one sounds insane. the other sounds inspiring.
I'm not telling you not to start. I'd start again.
but stop confusing ambition with realism.
the odds are not on your side. they never were.
Last week we broke our highest ever day for transactions...
the same day credit mode came back online
for a while, the hardest part of building + scaling XPlace wasnt the product itself - it was helping people understand a different way to use their money
for decades, wealthy people have used buy, borrow, die strategy to build wealth and reduce tax
in crypto, its still largely unexplored
many still think liquidity means selling
the plan has always been to change that, and not by making people jump through 10 different apps and protocols, but by making the whole process achievable in one product
so seeing credit mode hit an all time high in transaction volume didnt really feel like a commercial win to me
it felt like people are finally getting it, and that means more
people are starting to think longer term
starting to use their assets smarter instead of burning them
starting to realise you don’t always need to sell to live
that shift in mindset has probably been the biggest unlock for us so far
hype is overvalued at that FDV. it’s a great product with real revenue but it’s essentially a centralized exchange with a token.
SOL has actual network effects, thousands of consumer apps, institutions, and XPlace running on it.
bottom signal for SOL imo.
Credit Mode is back live! 💳
Now proudly powered by @kamino.
Our first-of-its-kind product on @solana allows you to grow your wealth whilst funding your lifestyle.
Here’s how...
How long can you last without liquidating?
Most men can't last a single red month
We've been working on a solution for 2 years
It keeps you hard through any bear market
Stays firm even when everything around you is dropping
Clinically tested on over 7,500 satisfied holders
It's called a credit line
Borrow against your crypto. Spend without selling on @xplaceapp
Cashback just got upgraded 🏦
It’s now live in Cash Mode!
Earn with every transaction:
• up to 2% USDC cashback
• up to 10% XP
And this is where it gets interesting…
A gesture to our Platinum members...
Introducing: The Founders Card 💳
• 2.5% cashback
• 15% XP cashback
• full concierge access, airport lounges & exclusive events
• $1,000 travel & hotel credit
• priority access to new features
• direct access to the founding team
Coming soon. More details to follow.