Full notes for this episode at: https://solfate.com/podcast/56
Follow @SolfatePod on Twitter for updates: https://twitter.com/SolfatePod

PS: We are happy to announce the launch of our Solfate Drip channel where you can collect Solfate Podcast episodes as digital collectibles! Subscribe to our Drip channel today: drip.haus/solfate (we have some fun experiments planned)

📝 Notes from the show

A conversation with Vito from All Art.

Vito, co-founder of All Art, shares his journey into the crypto and virtual reality spaces. He discusses the challenges of payments in virtual reality and the need for instant and low-cost transactions. Vito explains how his team experimented with the Stellar blockchain and the development of their NFT platform. He also highlights the negative perception of NFTs and the impact of media coverage. Vito concludes by discussing the partnership with Coca-Cola and the different approaches of marketing and innovation teams within large companies. He emphasizes the importance of understanding the problems that clients or partners face and tailoring the technology to solve those specific issues. Vito introduces the concept of Digital Object Tokens (DOT) and the need for standardized metadata to accurately represent real-world assets on the blockchain. He also highlights the challenges of user experience and the importance of collaboration with brands, regulators, and governments to drive adoption and solve key problems in the blockchain space.

🔗 Find Vito and All Art online
- Follow Vito on twitter - @vjevremovic
- All Art's website - https://all.art

Follow us around

Nick

• twitter: @nickfrosty
• github: github.com/nickfrosty
• website: https://nick.af

James

• twitter: @jamesrp13
• github: github.com/jamesrp13

Solfate Podcast

• twitter: @SolfatePod
• more podcast episodes: solfate.com/podcast
• collect episodes on Drip: drip.haus/solfate

A conversation with Arnold, the co-founder of Sphere (a payments and banking platform on Solana).

PS: We are happy to announce the launch of our Solfate Drip channel where you can collect Solfate Podcast episodes as digital collectibles! Subscribe to our Drip channel today: drip.haus/solfate (we have some fun experiments planned)

Summary

Arnold shares his background and early experiences with crypto, including his journey to building Sphere on the Solana blockchain. He discusses the benefits of blockchain and the pragmatic approach to decentralization. Arnold also emphasizes the importance of understanding history in the context of blockchain. Finally, he explains the pain points that Sphere Payments aims to address.

In this conversation, Arnold discusses the benefits of using Sphere to simplify crypto payments and integrations. He highlights the challenges of creating an SPL transfer wrapper contract and emphasizes the ease of using Sphere for accepting crypto payments, especially from international customers. Arnold also explains that Sphere is a suitable solution for businesses that want to handle their finances in a crypto-based world. He mentions the ability to accept payments in fiat and have them land in USDC, as well as the future goal of automating payout processes. Arnold advises listeners to learn from history and consider unconventional approaches to problem-solving. The conversation concludes with plans for future discussions and appreciation for the insights shared.

Takeaways

• Blockchain offers the potential for decentralized solutions, but it is important to take a pragmatic approach and consider the existing systems and their benefits.
• Understanding history is crucial in the context of blockchain, as it helps us recognize the challenges and opportunities that arise from the current financial and regulatory systems.
• Sphere Payments aims to address pain points in the correspondent banking system, such as high fees, slow transactions, and lack of transparency.
• By leveraging blockchain technology, Sphere Payments provides a more accessible and efficient way to transfer value, particularly for remittances and cross-border transactions. Sphere provides an easy and efficient solution for accepting crypto payments and simplifying integrations.
• The target customers for Sphere are businesses that want to handle their finances in a crypto-based world.
• Sphere allows for accepting payments in fiat and converting them to USDC.
• Automating financial processes and exploring unconventional approaches can lead to more efficient solutions.
• Future conversations with Arnold are anticipated to delve deeper into historical and philosophical aspects of crypto.

Find Arnold and Sphere online

• Follow Arnold on twitter - @0xdirichlet
• Follow Sphere on twitter - @sphere_labs
• Checkout the Sphere website - spherepay.co

Follow us around

Nick

• twitter: @nickfrosty
• github: github.com/nickfrosty
• website: https://nick.af

James

• twitter: @jamesrp13
• github: github.com/jamesrp13

Solfate Podcast

• twitter: @SolfatePod
• more podcast episodes: solfate.com/podcast
• collect episodes on Drip: drip.haus/solfate

A conversation with Vibhu, the founder of DRiP.haus, one of the most popular consumer apps in all of crypto (being focused on the creators).

We are also happy to announce the launch of our Solfate Drip channel where you can collect Solfate Podcast episodes as digital collectibles! Subscribe to our Drip channel today: drip.haus/solfate (we have some fun experiments planned)

PS: Checkout the Snapshot newsletter: a byte-sized email newsletter filled with the biggest updates from Solana ecosystem teams and builders. ~5 minute read. Every 2 weeks. 👉 https://solfate.com/snapshot

Summary

In this conversation, Vibhu Norby, the co-founder of Drip, discusses the latest updates and developments with the platform. He talks about the expansion to cross-chain creators and the challenges of sourcing and curating creators. He also shares insights into conversations with non-blockchain creators and the magic of Drip's economic model.

Vibhu discusses the potential for improving the internet around digital content by leveraging micro-transactions and digital ownership. He explains how the current subscription model and traditional content platforms have created inefficiencies and asymmetrical value accrual. Vibhu also highlights the importance of introducing ads in a less annoying way and the potential for fair monetization models. The conversation concludes with a discussion about the upcoming Drip mobile app and the transition process for existing users.

Takeaways

• Drip has evolved over the past year, with a focus on accessibility, monetization, and cross-chain creators.
• The platform has been resistant to liquidity cycles and has stood out in the Solana ecosystem.
• Conversations with non-blockchain creators often revolve around the challenges of monetization and the direct-to-consumer model.
• Drip's economic model, with droplet donations and spending, provides a frictionless microtransaction platform for creators. Microtransactions and digital ownership can improve the internet around digital content.
• The current subscription model and traditional content platforms have created inefficiencies and asymmetrical value accrual.
• Introducing ads in a less annoying way can provide fair monetization models for creators and benefit users. Drip may experiment with this in the future.
• The upcoming Drip mobile app will provide a better user experience and seamless integration with wallets.

Find Vibhu and DRiP online

• Follow Vibhu on twitter - https://twitter.com/vibhu
• Follow DRiP on twitter - https://twitter.com/drip_haus
• DRiP's website - https://drip.haus

Follow us around

Nick

• twitter: @nickfrosty
• github: github.com/nickfrosty
• website: https://nick.af

James

• twitter: @jamesrp13
• github: github.com/jamesrp13

Solfate Podcast

• twitter: @SolfatePod
• more podcast episodes: solfate.com/podcast
• collect episodes on Drip: drip.haus/solfate