@aaronoleary While creating DeFi products is possible as a Chef I think you would find some of our real world usecases being developed today are and how they could potentially help convert you community into a digital economy.
We have had communities in different countries approach Fuse.io for custom mobile apps for their Nightclubs, sports stadiums, or large music events. Loyalty plays a massive role in the sales cycles of SMBs and Fuse can help do the "heavy lifting" for wallet development while each operator can focus on their customization, community, and business model.
WikiBank.eu needed a mobile payments app for their community in Seville, Spain. During Corona, the idea of cash handouts for charity was not plausible. Fuse helped the team quickly implement a solution that was in Spanish, connected to local merchants, and can easily be used by anyone. You can see a video here:
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@aaronoleary In the US it goes with a serving of cryptocheese
Hello Hunters!
My name is Mark and I am the CEO at Fuse. We are very excited to be launching our first Product Hunt and to share what we’ve been building with you all! 🙌
What is Fuse? ⚡
Have you ever thought about creating your own currency for your business but don’t know where to start? We’ve created a self-service platform that allows anyone to create a customized currency and a branded wallet on the Ethereum network in just a few simple steps.
It’s really easy to test! - What you will need?
You will need to connect a digital wallet.
When you click on “launch an economy”, you will see two options. The simplest option is to use the Google wallet. By clicking on this option, a wallet will be created automatically and then you will be guided through the process of creating your own custom branded cryptocurrency and digital wallet.
Why we created Fuse?
We believe that the current banking infrastructure is outdated and that open-source technology is the future of money. We also believe that the ability to build financial tools should be way more open and inclusive. We’re putting tools in the hands of innovators so that more people can take part in the process of transforming money and finance! 🌎
We Would love to hear your feedback or what you are building yourself.
Feel free to contact us in the comments, or you can contact us directly through the site.
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Really exciting product where technical crypto is abstracted, so users can easily create a complete functioning financial community for very low $ costs - think Wix for Wallets!
Everything is open source (Wallet, Studio,APIs etc), so remains free for all time, and transactions on the network are limited to a maximum fee of $0.01, although most will be off chain in the future, so even cheaper/no cost.
Fuse really is the doorway for anyone, in any country, to quickly, cheaply and effectively democratise finance and open opportunities for all.
Power your grassroot communities and help them defend themselves from being co-opted by powerful outside sources when they start showing signs of success..
1) Create economic incentives aligned with your community values
2) Connect with other aligned organisations in your area
3) Create a more circular economy, keeping more value circulating around members
4) Reward value creators according to their contribution. Built in Reputation system.
5) Governance by engaged community members
6) Allow people to opt in and out of the community without losing their contribution
7) Cost effective - best deal on the market for such services
8) Accessibility - Low barrier to entry. Anyone can do this!
9) Trusted network - Transparency, transparency, transparency
Been waiting for something like this to emerge from the blockchain space. Great work and vision FUSE team!
Excited!
@ksaurus thanks for your support! We've been launched for a good while now with implementations of the technology in different parts of the world. We encourage all Product Hunt enthusiasts to test it out! It's really easy to use and helps open up the mind about the endless possibilities that it creates!
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This looks like a great product! But why would I use this instead of Stripe? Venmo? Visa?
@omerhendelman Thanks! First, Fuse costs 1 cent per transaction which is much cheaper than Stripe or Visa, it's also gives tools for business operators to launch their own "Venmo". So in a nutshell, it's lower cost not only because of the fees, but also because it allows any business to create mobile digital experiences for their customers on mobile for almost free.
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Create economies with DeFi powers within communities in a few clicks
A great product with a wide range of implementation! Tried creating my own token, took me 4-5 minutes to issue a community via Metamask. Very pleased that it's intuitive and doesn't require any coding!
Question - can the wallet be customized for my business and how long would it take to develop? Looking forward to seeing new features in the studio! Great job Fuse, very forward-thinking solution!
@misha_dub Thanks for checking out the Studio! Actually yes, everything is fully open source and easily customized and deployed to the app stores. You can check out the Fuse wallet on the app store and also see examples on our homepage (fuse.io) of custom wallets built on the platform
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Very solid project and team. Happy to be one of the early supporters.
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