Casama
p/casama
Unlock collective gains!
Gerwin Fricke
Casama — Share your crypto trading ideas, invest together in minutes
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Casama lets you create crypto trade positions that can be funded and executed as a group in minutes – no browser extensions, no complex settings. So you can share trading ideas with your friends and get a management fee if it performs well.
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Gerwin Fricke
Hello PH community 👋 @gerwin_fricke, @slava_tschurilin & @moritz_lochner here – we’re super excited to launch Casama: 💰 What is Casama? Casama lets you create crypto trade positions that can be funded and executed as a group in minutes – no browser extensions, no complex settings. So you can share trading ideas with your friends and get a management fee if it performs well. 🔥 Why did we start Casama? Have you ever posted a trading idea in a group chat without actually ever acting on it? As crypto natives, we want to move fast on good trades. Instead of having vague discussions, back and forth decisions and potentially out on alpha 😱 That's why we built Casama – to decide on actionable trades together with skin in the game. 🧭 So far we’ve built: - Wizard to deploy investment pools with custom settings - Simple web-based wallet to interact with pools - Top-up via PayPal to convert fiat ($) to stablecoin (USDC) - Swapping integration to buy and trade tokens ⚡️ Inviting friends and pooling funds in minutes – how is it possible? That’s right, invite your friends and pool funds as easy as starting a group chat and paying with PayPal. We conceal complex hashes and automate all the tedious transactions so you don't have to do them. 🙏 Your feedback is gold to us – please share any questions, ideas and comments below. We're just kicking things off and would love hear from fellow makers! The team (of currently 5) is working heads down to improve the UX and features based on your input. Finally, the first 50 deposits get $20 for depositing $10! Website: https://www.casama.io/
@gerwin_fricke @slava_tschurilin @moritz_lochner Will mobile app be available?
Gerwin Fricke
@slava_tschurilin @moritz_lochner @victoria_wu definitely working on it because it's primarily a mobile experience. Might have a progressive web app than can be added to your home screen first.
Gerwin Fricke
Austin Piel
Congrats on the launch! How do financial advisory laws/requirements play into this? I would imagine collecting a management fee might put users in the "financial advisor" category with the SEC
Gerwin Fricke
@austin_piel good point! Fees are paid through a staking mechanism and taxable as such for the manager. Capital gains tax on pooled funds are easy split based on one's share in the pool.
Gordi Braun
Congrats on the launch! Which tokens and coins are currently supported?
Gerwin Fricke
Thanks @gordi_braun! We are currently supporting the top 20 with the most liquidity on Polygon including Bitcoin, Ethereum, Uniswap, Aave to name a few. Any token you are particularly interested in?
Gordi Braun
@gerwin_fricke I'd be interested in SOL. Could I also just get a group to follow my investments/invest in my investment strategy?
Gordi Braun
@gerwin_fricke I'd be interested in SOL. Could I also just get a group to follow my investment thesis or is it just for single decisions?
Gerwin Fricke
@gordi_braun We're currently focused on the Ethereum based networks and tokens as a result but plan to be blockchain agnostic soon and include the likes of SOL.
Gerwin Fricke
@gordi_braun Yes, you can set the voting parameters so that others just join your pool and don't have to vote in order to benefit from trades based on your investment thesis.
Ian Stemper
Are the funds collectively owned (where any bad actor could affect the others) or does each person retain ownership over their funds? Can you "invest" / manage the portfolio for someone else?
Gerwin Fricke
@ian_stemper thanks for your question! Funds are pooled in a separate smart contract that can't be controlled by a single bad actor. Depending on the voting settings, either the majority or a single "fund manager" can makes decisions.
Ian Stemper
@gerwin_fricke Cool! Thanks for the response. Can you "mime/mirror/mimic" someone else's portfolio automatically?
Gerwin Fricke
@ian_stemper you don't just mimic but literally have the same portfolio when you join the pool. So you have the option to be a silent partner and just have the same trades or to put in a vote. Your share is proportional to your investment.
Willie Freeman
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Gerwin Fricke
@ripon_ali2 thanks but folks use their own PayPal accounts.
Aurélien Onimus
Hi @gerwin_fricke, very interesting product, I really think there is a huge market upcoming, congrats !
Gerwin Fricke
Thanks @aurelien_onimus1! Indeed we believe we could help the mainstream break into crypto by abstracting away the unnecessary complexity.
Alexander Koenig
Well done, works seamlessly! Makes it easy to create multisig wallets. Looking forward to explore some use cases!
Alexander Koenig
plans to enable tezos NFTs?
Gerwin Fricke
@alexanderkoenig great to hear - we really strive to improve UX and know that we still have a long way to go. But yes it should easy to create a joint wallet where everyone controls their share.
Gerwin Fricke
@alexanderkoenig we'll definitely look into bridging from tezos. Any other tokens, NFTs, chains that you are particularly interested in?
Swathi
congrats on the launch! Is the app available for android/ios?
Gerwin Fricke
@swathidm thanks! The web app is already mobile optimized but we are working on getting native android/ios apps out soon!
Larry Arlene
Love the design on your product page! Great work team!
Gerwin Fricke
@arry_rlene thanks, we put some effort into it!
Hélène SAN
Hey, Congrats on your launch! 🚀 We will be launching soon too, (https://www.producthunt.com/upco...), I hope that you will support us as well, Cheers 😊
Moritz Löchner
@helene_san Thanks Hélène! Your product looks amazing as well! Did you have a look at Casama? Let us know if you have Feedback or Issues :)
Eduard Hambardzumyan
@gerwin_fricke congrats on the launch! Keep 🚀
Gerwin Fricke
@eduard_hambardzumyan much appreciated 🙏
Faiz Imran
Congrats on the launch! Looks awesome! 👏@gerwin_fricke
JackRyan Charlie
Ah, I needed this today
Gerwin Fricke
@jackryan thanks - let us know how it works for you!
Dhruv Tailor
Congratulations on the launch.
Gerwin Fricke
@dhruvtailor7 much appreciated! Thank you for your support today!
Beverley Madelyn
Looks cool! Great work
Gerwin Fricke
@beverley_madelyn thanks much appreciated! Are you referring to anything specifically?
Bruno Ginnuth
Looks amazing! How do you enable trading exactly?
Moritz Löchner
@bruno_ginnuth Every Pool you create is a Smart Contract on the Polygon Blockchain. Under the hood we use the Quick Swap Exchange to execute your trades.
Mateus Kratz
Do you hold assets or is it self-custody
Moritz Löchner
@mateus You own ALL tokens you buy on Casama. This also means, that you have full responsibility of them. So if you loose your Credentials (12 words), there is no way to reset your account or get your funds.
Jens Müller
Super interesting! Will setup a pool with my friends for sure! :)
Gerwin Fricke
@jens_mueller would be awesome! Also feel free to join this pool I created for the PH launch: https://app.casama.io/pools/join...
Lauren Jani
love what your making
Gerwin Fricke
Vitalii Kuzennyi
Looks cool!
Gerwin Fricke