Soon

Automate finances in one app with a Soon Smart Debit Account

4.6•9 reviews•

499 followers

Automate finances in one app with a Soon Smart Debit Account

4.6•9 reviews•

499 followers

•

•

With a Soon Smart Debit Account, increase your purchasing power with investment-level returns the moment you spend. Soon automates your finances into one app, so you can focus more on things that really matter. Learn more at Soon.app.

This is the 2nd launch from Soon. View more

Soon

Reimburse your spending w/ crypto gains, powered by OpenAI

Backed by Y Combinator, Soon uses OpenAI to reimburse your daily spending with crypto gains. Soon is simple, stress-free, and fully automates portfolio selection, money transfers, buying, selling, and taxes. Soon can produce strong returns in any market.

Free Options

Launch tags:

Fintech•Crypto•Artificial Intelligence

Launch Team

Aaron Bylund

Soon

Maker

📌

Hi, I'm Aaron, one of the founders of Soon. My co-founder @michael_shattuck and I built Soon to make investing in crypto simple, automated and stress free. Your daily spending is reimbursed by your crypto gains and Soon uses OpenAI to enhance that process. You don't have to spend hours in tedious research or speculate on the market, so there's no stress, and no emotional roller coaster. Just decide how much you want to invest each month and Soon takes care of the rest. Here’s what Soon can do for you: 🤑 12% average returns on investment positions liquidated last year (June - Dec 2022) 🏎️ 16 days - average time it took for individual investment positions to sell last year (June - Dec 2022) That means our users enjoyed strong returns in a down market, and their earnings came back to their bank accounts quickly. Soon automates the most important aspects of crypto investing: ₿ Portfolio selection 💸 Money transfers 💳 Buying 💰 Selling 🏛️ Taxes Soon is EASY and works great for anybody, regardless of your experience. Try Soon now! iOS: https://go.soon.app/a4Odsk Android: https://go.soon.app/PBIL5h

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2yr ago

Dnyanesh Gangamwar

@michael_shattuck @abylund What makes Soon different from other automated crypto investing tools?

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2yr ago

Aaron Bylund

Soon

Maker

@dnyanesh_gangamwar that's a great question. With other automated tools you usually still need to decide which assets to invest in. For new users that's a complicated, time-consuming process. Other tools also generally require significant manual configuration and ongoing maintenance. That is tedious and tends to draw people into speculative, emotional behaviors. With Soon, there is no need to configure your account, although we do have the option for users that want to try fine-tuning their experience. We've discovered that by making the entire process non-speculative and simple, our users tend to have a better experience and more consistent/more profitable returns.

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2yr ago

Kevin Hammons

Soon

Maker

@dnyanesh_gangamwar IMO, Soon does a few unique things better than anyone else. • Automated Selling: Soon uses OpenAI + anonymized crowdsource spending activity to automate the amount of crypto to sell, how often to sell, and the times of day to sell • Personalized Automation: beyond simply setting required gain thresholds, Soon can use your own personal spending activity to fuel our Automated Selling, so your gains reimburse your costs; spend $10 on tacos, Soon will look to sell $10 of crypto at a profit • Curated Portfolio: many investors buy the cryptos they know, which are often highly correlated. On the other end are highly speculative, overly volatile cryptos that often lacking substance. Soon's portfolio is constructed with lower-correlation cryptos, helping facilitate a "good buy" & "good sell" on any given day • Tax Stash: Soon can set aside a portion of your gains for capital gains. It also can rebalance your portfolio via the Tax Stash by performing tax loss harvesting

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2yr ago

Michael Shattuck

Soon

Maker

@abylund @dnyanesh_gangamwar That's an excellent question! Soon is focused on making investing as simple and passive as possible. Our platform automates all aspects of investing, such as picking a portfolio, buying the assets, selling the assets, re-investment, and setting aside for taxes.

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2yr ago

Melad Javadi

Where do these returns come from? Is it purely from margins across buy and sell? Or is there any sort of staking of funds involved as well?

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2yr ago

Aaron Bylund

Soon

Maker

@melad_j great question. This is purely buy/sell margin. Soon relies on short-term volatility. The bigger the swings in the shortest period of time, the better our algorithm does. Most people are spending 2-3 times a day with bills included, so that is 2-3 times per day we are checking the markets. If any gains are available, we take them aggressively...not trying to predict the future. We have talked about including staking in our product and may offer that in addition to our current offering but we don't currently offer that.

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2yr ago

Michael Shattuck

Soon

Maker

@melad_j Love the question! We don't do any staking currently. The returns have been coming from selling investment positions that have increased in value. Soon uses dollar-cost averaging to purchase the assets at several different price points. We then use liquidation triggers, such as your spending activity, as a signal to check if any of those positions have available gains.

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2yr ago

Kevin Hammons

Soon

Maker

@melad_j Soon works by helping users secure positive margins across buy and sell. Cryptos that have noticeable price fluctuations throughout the week, while maintaining general long term growth, work really well in this type of automated buy & sell scenario. Soon's crypto portfolio is intentionally crafted to have cryptos with varied levels of correlation, so not every crypto rises and falls at the same time/rate, giving you a better chance of having a good selling price & good buying price on crypto(s) on any given day.

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2yr ago

Anil Matcha

EmbedAI

Web3 + AI is awesome, congrats team

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2yr ago

Michael Shattuck

Soon

Maker

@matcha_anil Thank you so much for your kind words! We're thrilled to bring the power of Web3 and AI together. We'd also love your feedback when you get a chance to try the app. We truly appreciate your support! 🚀🌐

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2yr ago

Aaron Bylund

Soon

Maker

@matcha_anil it's been fun playing with it. We have a few features enabled right now but there is a lot more we can enhance in the future.

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2yr ago

Kevin Hammons

Soon

Maker

@matcha_anil Thanks Anil! The possibilities are endless when you pair AI w/ Web3. We're really excited to see how much of more can be revolutionized in the space

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2yr ago

Soon

Automate finances in one app with a Soon Smart Debit Account

Automate finances in one app with a Soon Smart Debit Account

Soon

Automate finances in one app with a Soon Smart Debit Account

Automate finances in one app with a Soon Smart Debit Account

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