Upcoming Amp Foundation launch; Flexa Payments at Futurist & FWB Fest; Spending with Crypto video series
Upcoming Amp Foundation launch; Flexa Payments at Futurist & FWB Fest; Spending with Crypto video seriesThe Amp Community Digest for Friday, August 26, 2022
It’s been a long summer and we’re winding it down in style with Flexa Developer Advocate Bubby in Mexico City at ETH Mexico and Flexa Co-Founder Tyler Spalding speaking at Mainnet 2022 in NYC. You may have caught Flexa at Futurist Toronto, enabling payments at food trucks and around the conference, or at the Friends With Benefits Festival in Los Angeles. Read on to learn about new merchants added to Flexa, more on the Amp Foundation, and crypto news from around the world. For new community members, check out previous issues on Substack and subscribe to stay up to date. For additional, more frequent updates, make sure to join the Amp community on Discord and Twitter. In case you missed it…Flexa powers payments at 2022 Futurists Conference and Friends With Benefits FestivalAfter powering crypto payments (including $DESK) at Consensus earlier this summer, Flexa continued the trend at Futurists Conference in Toronto and the Friends With Benefits Festival. These events introduced Flexa payments to a wider audience and gave the Flexa team a chance to study user behavior in-person to improve the user experience of digital payments. Flexa’s intrepid Developer Advocate Bubby was on hand in Toronto documenting the experience. Flexa mentions the upcoming Amp FoundationDuring an interview on the main stage at Futurist in Toronto earlier this month, Flexa Co-Founder Tyler Spalding mentioned the upcoming launch of the Amp Foundation. The Amp Foundation is the culmination of more than 18 months of dedicated effort, focusing exclusively on building out the Amp ecosystem and further enhancing Amp-specific technology. More details on the Amp Foundation launch and roadmap coming very soon. Flexa adds new merchantsFlexa recently enabled several new merchants including restaurants and venues in Austin, Texas such as Stubb’s Bar-B-Q, boba shops (select locations of Gong Cha, TSAōCAA), and outdoor outfitter Rugged Earth Outfitters. Chipotle includes Flexa in their “Buy the Dip” campaignBuilding on the excitement of launching crypto payments via Flexa, Chipotle launched a “Buy the Dip” campaign in which they gave away over $200K worth of cryptocurrencies: Check out Flexa in their official press release. Flexa drops first “public service announcement” video for spending cryptoIn an effort to universally promote the value of spending digital currencies, Flexa released the first of four videos, featuring David Duchovney and the Zcash community. In the brief spot, David imagines what he could do with all the time he could save using digital currencies instead of legacy payments. The detail-oriented Zcash fan might spot several easter eggs including a hungry proof-of-steak Zooko. Bubby goes to MexicoFlexa Developer Advocate Bubby went to Mexico City to participate in the ETHMexico Hackathon to connect with other emerging builders in the space. Bubby notes that the Ethereum community in Mexico was incredibly talented and he was inspired by the creativity teams displayed in putting together the DeFi Lego blocks in novel ways. Flexa participates in the Digital Currency Innovation LabThe Hawaii Technology Development Corporation (HTDC) and the Hawaii Division of Financial Institutions, Department of Commerce and Consumer Affairs (HDFI) announced that Flexa is one of 11 companies that will participate in the Digital Currency Innovation Lab (DCIL) program for another two-year cycle. Metrics updateCurrent TVL of Flexa Capacity — $166.4 millionEarn rewards for staking your Amp on the Flexa network toward the apps and network transformers below: Did you know?
DeFi and payments newsThe challenges ahead for China’s digital yuanOn August 1, 2022 the People’s Bank of China voted to expand its e-CNY pilot program. The program’s initial success across 23 regions and cities will face new challenges from increased technology build-out and competition from AliPay and WeChat Pay. The PBOC also faces challenges improving the e-CNY’s use and stickiness with users and merchants and is introducing deeper integrations to help improve its utility such as salary payments for small- to mid-sized firms. Can the Visa and Mastercard duopoly be broken?Merchants pay over $138 billion in payment fees each year, which is their second largest expense after wages according to the National Retail Federation. The United States is home to the highest interchange fees of any major economy where costs are an order of magnitude greater than Europe and China. While the duopoly in the U.S. may seem insurmountable, the Economist reviews new entrants that can potentially shake up America’s payments landscape. Federal Reserve opens pathway for crypto banksThe Federal Reserve has opened the pathway for novel financial institutions to access the Fed’s “master accounts,” which would give entities such as Kraken Bank and Custodia the ability to access the Fed so they would not need intermediary banks. The proposal would create a three-tiered system allowing the Fed to adapt its evaluation process depending on what type of financial institution is applying. Tweet of the weekThere is nothing better than seeing the “crypto is useful” lightbulb flicker on in new ppl. Went to Nordstrom Rack to pick up some engagement photo attire, of course I paid with $zcash using the #spedn app! @paywithzcash #paywithflexa free2z.cash/lifeofjacob Thanks for tuning in! Remember to look for more frequent updates of all things Amp on Discord and Twitter. If you liked this post from Amp Community Digest, why not share it?
|
Key phrases
Older messages
Chipotle live on Flexa network; Flexa payments power Consensus; Flexa acquires Drop Party
Friday, June 10, 2022
The Amp Community Digest for Friday, June 10, 2022
Flexa Payments announced; New Transformers live; 10 apps adopt Spend SDK; Amp on Huobi; Grayscale hosts Flexa
Friday, April 29, 2022
The Amp Community Digest for Friday, April 29, 2022
New governance vote on Snapshot; Amp and Frax partnership with Ondo; Smart contract insurance on InsureDAO
Saturday, March 19, 2022
The Amp Community Digest for Friday, March 18, 2022
Amp in Hashdex DeFi ETF; The Block Research on finality; Amp now on KuCoin
Saturday, February 26, 2022
The Amp Community Digest for Friday, February 25, 2022
Grayscale adds Amp to DeFi index fund; Amp on Vauld; Flexa at NRF 2022; Bancor LP fee increase
Friday, January 21, 2022
The Amp Community Digest for Friday, January 21, 2022
You Might Also Like
You’re Not Going to Believe This
Tuesday, April 23, 2024
Massive Surprise Inside
New Quests: increase AirDrop eligibility
Tuesday, April 23, 2024
New Flipside Quests just dropped. Claim $AVAX and $APT while you increase your chain score and build your reputation, helping with airdrops. Flipside Crypto Hey there, Claim $APT and $AVAX when you
Robert F. Kennedy, Jr. wants to put US budget on blockchain for 24/7 transparency
Tuesday, April 23, 2024
The public could inspect government spending 24/7 under the plan. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Layer-1 Landscape
Tuesday, April 23, 2024
A data-driven look across Layer-1 ecosystems ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Cathie Wood Iinterview In HK: Bitcoin Price Prediction for 2030, HK Is a Leading Crypto Policy Pioneer
Tuesday, April 23, 2024
Editor | Wublockchain Here is the full transcript of the Hong Kong Web3 Festival: Please welcome the head of HashKey Singapore and CEO of HashKey Capital, Mr. DC, and the CEO and CIO of ARK Invest, Ms.
100k signatures can trigger Swiss national referendum on adding Bitcoin to country reserves
Monday, April 22, 2024
If the Bitcoin advocates' plan succeeds, Switzerland could become the first country in the West to embrace the flagship crypto asset. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Crypto Market Pulse Weekly - ₿ Bitcoin Halving Sparks Frenzy as Runes Protocol Launches
Monday, April 22, 2024
Bitcoin completed the fourth halving on 20 April. Runes protocol launched on Bitcoin causing record fees. $7.5bn. SingularityNet, Fetch.ai, and Ocean Protocol AI merger approved. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Impressions of the Hong Kong Web3 Conference: Exchanges fade, few excellent projects, KOL influence strengthens
Monday, April 22, 2024
Author | @tmel0211 Editor | Wublockchain Original link:https://x.com/tmel0211/status/1777871689092923636 After spending three days at the Hong Kong Web3 Conference, I have many thoughts that words
The 2024 Bitcoin Halving Has Successfully Been Completed
Monday, April 22, 2024
We bring you the top stories in crypto every week! Stories like... Monday April 22, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR The 2024 Bitcoin Halving Has Successfully Been Completed
From 2012 to 2024: Analyzing market conditions before each Bitcoin halving
Sunday, April 21, 2024
As the fourth Bitcoin halving approaches, an in-depth look at past events offers insights into potential market impacts. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏