Crypto and Commerce
summary
A live integration that mints self‑custodial loyalty points as Salana SPL tokens tied to Apple/Google passes, enabling one‑tap rewards that both pay and credit points at checkout. Implementation uses Privy wallets and compressed tokens by light protocol to avoid typical $0.20–$0.40 per‑token costs, leaving only mint and transfer fees. Economics: 2 Baller Bucks per $1 and 100 baller bucks for a game ticket; the Oakland Ballers pilot went live yesterday and supports redemption on an online marketplace.
AI-written summary · about
chapters (8)
- 0:00Introduction to PassEntry
- 0:28Blockchain Loyalty Solution
- 0:55Demo and Technical Details
- 2:13Tokenomics and Interoperability
- 2:38User Onboarding and Experience
- 3:29The Opportunity and Problem
- 3:55The Oakland Ballers Partnership
- 4:50Outcomes, Impact, and Conclusion
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