Metal Pay allows people to instantly purchase cryptocurrency, send funds to friends & family them, or set recurring purchases to build a crypto portfolio. With a simple interface and 24/7/365 live human support it's your go-to wallet for your investing needs.
@kenanp@jfatora@marshallhayner@jacqvon We are very excited about getting people rewarded for something they already do.. paying friends! At the same time, we’re showing them cryptocurrency in a low risk way and getting them into using it everyday.
@kenanp@jfatora@kg_3@jacqvon Metal Pay represents the next generation of payments applications. Fiat currency alongside crypto, PoPP (proof-of-processed-payment) which is a minting mechanism for cryptocurrency. I would say I'm most proud of PoPP and our stunning design. I know this last one isn't an aspect of the product, but I'm incredibly proud of my amazing team!!! 🔥🤘🙌
Very interesting and would love to see it launch in Canada, where we are desperately lacking a payment app like Venmo, Metal Pay (we have e-transfers through banks, but some charge a $1 fee).
@kenanp@marshallhayner@jfatora@kg_3@sid_parihar curious to know what measures you have in place to keep users from exploiting the reward system? Given that there's no fees to send money and you earn Metal crypto every time you send money, I'm assuming 2 or infinitely more users could team up to send each other cash to infinitely earn rewards while ending up with the same amount of fiat they started with.
@kenanp@marshallhayner@jfatora@sid_parihar@aaroniclee Definitely something we’re monitoring with different algorithms. We don’t want people cycling payments to each other and taking all the rewards. We reserve the right to drop someone’s pop reward from the whole 5% to 0% for abusing the system. On the other side, those great users can increase their pop “score” by sharing the app and making regular payments to friends.
@kenanp@jfatora@kg_3@sid_parihar@aaroniclee This is a great question and one we commonly get asked! Cycling or spinning payments to earn MTL is discouraged and will cause your ability to earn drop lower until you eventually hit zero.
I've had the idea to do payments with my housemates in crypto, so this piqued my interest, but this is shady. Not a great way to establish trust, and I'd say that's fairly important if you're in the business of handling people's money.
Pros:
Don't know
Cons:
Every comment on this hunt is a shill. Didn't even try make their users look legit (1 upvote of all time, on this hunt).
Glad you had an idea of a crypto payment app/platform. Talking about it and actually having a product are two different things. Also how is Metal Pay shady? They are FDIC insured for $250k something that every bank is. Can't say that about Venmo or Cash or any other P2P smartphone payment platform. Not really shady at all.
I agree with @mrlee440. Why choose an app like Venmo or Cash? when you can choose an FDIC insured option like Metal Pay? Beautiful UI and app by the way.
You haven't even used the product and are making claims it's shady due to the fact the community went and supported something they believe in. The link was posted on the Metal community discord of over 1000 members, so a lot of people including myself decided to make an account and upvote it. They're all real people, and nobody was paid to shill it.
@mrlee440 You are literally a shill account trying to counter-argue my point that shilling a product is shady business. This is just weird.
Also just for the record I wasn't talking about having the idea to "create an app" for crypto payments, I merely wanted to use one, exactly like MetalPay, until I realised all of the fake comments on this hunt.
I'm sorry but I just can't look any further into a company that doesn't believe in themselves enough that they have to fake online positive sentiments.
Do you really think people on Product Hunt are so daft?
@david_hunt1 Even the most loyal users of a product don't have a flagrant vendetta against a companies' direct competitors. Look at how many times the comments refer to Venmo or Cash.
But as the hunter in this instance, I'm sure you're just as much part of these shenanigans as the other accounts, so I guess I'm literally talking to the core of echo chamber.
Best of luck with this farfetched online marketing strategy you're committing to.
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Metal Pay
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Metal Pay
Crumbs App
I've had the idea to do payments with my housemates in crypto, so this piqued my interest, but this is shady. Not a great way to establish trust, and I'd say that's fairly important if you're in the business of handling people's money.
Pros:Don't know
Cons:Every comment on this hunt is a shill. Didn't even try make their users look legit (1 upvote of all time, on this hunt).