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Ask HN: How would you like to send cryptocurrencies to anyone's phone number?
Hello,
I've been working on http://blockpay.tech which is a platform using which you send cryptocurrencies or NFTs to anyone even if they don't have a wallet, directly to their phone number.
Do let me know your thoughts & feedbacks on the same. Consider signing-up if you find it interesting.
Thanks
Hammad Nasir
Founder, BlockPay
- yanmaani 5y agoSeems rather pointless. I mean, you're not sending them crypto, you're sending crypto to BlockPay and hoping they collect it. That being said, 85% of conversations about NFTs are non-consensual, so you may very well find a market for your service.
- ge96 5y agoTrying to figure out how this would work, the website doesn't really tell you anything. Are you fronting this money or during the sign up process you have to bridge your phone number with a wallet, maybe you're generating the wallets/tied to this phone # and they have to load it up... it sounds cool/intuitive to use a phone number. I'd be concerned with theft too like sim jacking though not sure how often that happens. Are they going to get a text from blockpay saying "you received coin amount". Yeah... phone #'s interesting but seems like you still have equal difficulty somewhere else unlike old way of scanning QR code/transferring that way. Also idk how many lay people use crypto or if they have it it's through something like Coinbase/RH/CApp.
- hammadn 5y agothanks for your feedback! yeah, as someone would transfer x amount of crypto, the receiver would get a message on the phone number.. once he'd make an account with that number he'd be able to access that amount. :) please consider signing-up if you want to get early access.
- ge96 5y agoI could see how to make this thing but I personally would not want to deal with potential legal issues with stuff involving money ha. Good luck to you