@usv@PaulErlanger@seyong@qrazhan_ultd curious what this looks like when the currency itself becomes the reputation signal
on @flipcash your trades, your holdings, what you spend, what currency you create, all of it is the social layer
same thesis, deeper primitive. also a USV bet
GENIUS Act is another catalyst for @flipcash (Final implementation rules go live July 18)
what it does is give stablecoins a proper federal legal framework for the first time. banks, merchants, institutions can finally use them without the legal uncertainty
USDF is the first custom stablecoin built on Coinbase infrastructure. when this passes it gets a federal permitted payment stablecoin designation
every currency on @flipcash is backed by USDF through the Reserve
that makes everything easier to deploy at scale
USDF from @flipcash is live! 🚀
Built on @coinbase’s Custom Stablecoin platform, USDF is a USDC-backed stablecoin on Solana that powers Flipcash’s ecosystem and community currencies.
Flipcash (@flipcash) is one I’m genuinely excited about.
Lets anyone create their own digital currency in just a few minutes, no coding needed at all. Every currency gets a fixed 21 million supply, instant liquidity through smart on-chain curve, and you can always cash out for USDF (Coinbase-backed stablecoin) which is backed 1:1 by real USDC.
Real community-owned money , @ted_livingston , @jeffyanta , @jeffycurrency .
xx
$6.5M from @usv & @M13Company
The Quiet Rise of Community Owned Money
Current state of @jeffycurrency and where @flipcash is headed
Jeffy is the main test currency for @flipcash, created by co-founder @jeffyanta , They’re dogfooding the whole platform with it.
The private
xx
$6.5M from @usv & @M13Company
The Quiet Rise of Community Owned Money
Current state of @jeffycurrency and where @flipcash is headed
Jeffy is the main test currency for @flipcash, created by co-founder @jeffyanta , They’re dogfooding the whole platform with it.
The private TG group is a temporary solution until in-app balance-gated chats are ready.
Interesting things being discussed / worked on:
In-app experiences to expand token utility , a contact list send feature & balance gated features.
Time-weighted balances (rewarding loyalty, not just size)
Split with Friends (Cash App + Venmo that @fredwilson mentioned)
Better web experience for charts , discovery and trade.
Integrating the Reserve with @JupiterExchange
Flipcash/USDF-backed virtual debit card
Team: @jeffyanta , @ted_livingston , @tannerphilp and @mcansh .
Several users bought Jeffy to pay for access to the private Telegram group. Those tokens are being held and aren't being sold, so all holders experienced a gain. Just one small example of enabling real-world utility with upside for an entire online community of a @flipcash
@jeffycurrency Also, Split with Friends would be such a good feature. You pay the full bill at dinner, rent, Uber, whatever, then split it with your group in one tap. Even better if people can pay in different currencies and it auto-converts through the Reserve.
This feels like Cash App +
PRIVACY IS MORE THAN MONEY
This is what the Kohaku project is, straight from its core contributors, @VitalikButerin and @ncsgy.
TLDR: it is a serious attempt to rethink online safety and privacy across money, AI, and life.
Let’s dive in.
Also, Split with Friends would be such a good feature. You pay the full bill at dinner, rent, Uber, whatever, then split it with your group in one tap. Even better if people can pay in different currencies and it auto-converts through the Reserve.
This feels like Cash App + Venmo that @fredwilson mentioned but with actual upside for the community. would make the app way more sticky for real-life situation
@jeffycurrency@flipcash One feature that would make Jeffy feel way more alive, add group chats inside the app for holders. Once you hold a decent bag, you get auto-added to the Jeffy chat where people can actually talk, meme, and send each other tokens
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