Imagine the pain from waiting. “Waiting for Gabby” is published by Joyce Teng.
No More Invites! / Podcast / The Block / Socials / Adoption
Happy Friday all! I’m in a bit of a rush so I’ll just get into it… but before that
!!!NO MORE INVITES!!!
Down a little on last weeks but still very high — and with the App not closing again this means that support are on top of the numbers. An additional 300 reviews from last week is quite a jump — conservative estimate — 10,000 new users. I’ll risk looking an idiot and say that I think we’ll see the 500,000th download of the App this month. T minus 23 days and counting (in Dr No. voice).
Here are some other country rankings AR=Argentina, CO=Colombia PA=Panama VE=well you get the rest.
Ana Ojeda-Caracas with 10k followers and is a well known source of info on things crypto:
Spoiler — she’s not that keen on BTC in El Salvador.
We’re only at the start of Uptober and doing well. September 2020 Twitter has dropped off. This must mean I’ve been recording… oh dear. At the end of the month there will be a special edition.
A podcast! And an article!
Tl:dr -Nevin gets grilled on Govt Intervention / why not DAI/USDT / Why not PayPal / Business model and answers all. As well as an explanation of the nuts and bolts of connecting to payment processors. Also in there are the 2 business models — App and Protocol and how each earn money. Spoiler: it’s not selling RSR on Huobi. Reserve is essentially a marketplace between payment processors and users who want Bolivars (or Pesos etc) or USD which is super easy to use. I’ll add a bit on this later in adoption.
I like to feature businesses accepting Reserve — these are the building blocks of the network effect as they are mini hubs. I also like the ecosystem of help.
Here’s someone with a problem…
And here’s the Reserve community helping out.
More users, more business requests, more businesses, more payments — the flywheel in action.
Also friends and family are being roped in
Reserve are now doing a Thursday focus on businesses
There is also a fledgling Twitter hashtag getting off the ground #YoUsoReserve (I use Reserve)
There was a live gaming TikTok broadcast about gaming (I couldn’t make it) but it’s been a good initiative.
I assume this is one of the scholarships ‘learning the ropes’.
Giveaways!
One for the App stating open
One for Zuckerbergs rug pull
And 10% off Yummy Rides!
Nevin addressed LATAM from his photo booth about the App staying open through the Bolivar changes
Someones done a cartoon strip on Reserve!
DefiLlama is now tracking Reserve
Barkley Capital have announced they have invested in Reserve
No? Me neither. File under CEO in bedroom.
Notable in it’s absence is the President Xi Wallet — he must be too busy with Evergrande.
Just a quick note on this — so the App is super easy to use, which is great. But WHY is it great. Remember Ari Paul saying that swapping from one app to another and the other app had a bit more ‘stuff’ to do and wasn’t so easy (Twitter)? Well after Zuckerbergs rugpull, how many left WhatsApp for Signal? Trillions? Nope. Which is why it’s really important Reserve is easy, because it has first mover advantage and will be sticky (management **** word sorry). There, point made.
And that’s it — and I’m late!
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