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40 sats \ 0 replies \ @orangepillapp 11 Jan \ parent \ on: Orange Pill App: Stack Friends, Stack Equity! bitcoin
we could probably charge close to 10% but we like the number 6.15 đ
Thanks for your replyâyouâve made some great points.
We donât currently have any arrangements with conferences. We plan to take a 6.15% commission on every ticket sold via the app, and since payments will be exclusively in Bitcoin and we run our own payment infra, this revenue is essentially all profit.
Perhaps we should make this clearer in our pitch deck!
hey siggy47, thanks for your comment
there's a lot of things we do to mitigate opsec:
- no kyc
- no ads
- only use approx geo (10 miles radius)
- no background tracing (we only check approx geo when app is open, once)
- fully paywalled, no free trials
we've been around 2 years and have more than 15k members, so far we managed to have 0 "wrench attacks"
we're all bitcoin maxi here and everything we build is with a privacy-first mindset
Hi Grayruby, Matteo here!
Thank you for your feedback and supportâitâs greatly appreciated. For some context, we completed a pre-seed round last year at a $5M valuation, which was oversubscribed. Since then, weâve more than doubled our metrics across the board, which is why we feel a $10M valuation is justified.
Iâm curious, thoughâwhy do you believe event ticketing will compress margins?
Thanks again
yes, we use your device approx geolocation (10 miles radius) to show you nearby members, events and merchants.
here's the link to download the APK
Completely understand the frustration, unfortunately neither Apple nor Google allow bitcoin payment in-app so we've built it on our website:
Nostr is open and public
OPA is closed and private
hard to see how the 2 could work together, but we're open to ideas
Your reply made me think of this quote:
"A ship in a harbor is safe but that is not what ships are built for"
đ
I really appreciate your openness in sharing these profound thoughts on human connection and loneliness. Youâre rightâhumans are social animals, and the longing for deep, lasting relationships can be overwhelming when unmet. Itâs tough when love, which we may take for granted at times, reveals itself to be irreplaceable.
One of the reasons we built Orange Pill App was to help address this very issue for Bitcoinersâconnecting people who share the same values and worldview, fostering not just transactional interactions but genuine relationships. We realized that finding âyour tribeâ is crucial in a world where many people feel disconnected, even if surrounded by others.
Loneliness is something many of us have wrestled with, and while love is irreplaceable, finding like-minded individuals can help combat that sense of isolation. Sometimes, itâs not just about romantic love, but about belonging to a community that understands you, even if just through shared ideals.
I hope you find those meaningful connections, and Iâm confident that, in the right environments, theyâre out there. We built the app to make finding them a bit easier for Bitcoiners, but the journey of finding deeper connections remains one we all continue to navigate. Thanks for sharing your thoughts; you're not alone in them.
Matteo
That education is paramount. Most of our users - who should be more interested in bitcoin than the average pleb - don't know the difference between an LN Address and an invoice or an LNURL.
We're so early.
We don't track users by city or region. We only have country data and here's the ranking
US
Canada
UK
However, since Canada has ~1/10th of US population it it our biggest market pro-capita
We still haven't decided if we're going to use Btcmap API or build our own database from scratch. Or a mix. Either way, we will have merchants on the app in Q1 of 2024.