30s Summary
“Hashing It Out” podcast host Elisha Owusu Akyaw discussed with Moso co-founder, Blake Capozza, about their service: a platform which allows people to earn cryptocurrency while shopping online. Moso is designed to engage crypto-enthusiasts looking to earn more, and traditional shoppers attracted by bigger cash-back deals. The platform also mitigates regulatory fears for businesses by allowing them to offer crypto rewards while transacting in regular currency. They noted the importance of user experience improvements like simplifying account creation and chain abstraction for gaining new users, and emphasized that platforms like Moso are instrumental in integrating blockchain and Web3 into mainstream use.
Full Article
In the most recent episode of the podcast “Hashing It Out”, host Elisha Owusu Akyaw chatted with Blake Capozza, who co-founded Moso, a service that lets people earn cryptocurrency when they shop online. This awesome episode examined how concepts like crypto incentives are leading the way for more people to start using Web3.
A big part of their chat centered on how platforms like Moso are attracting two completely different groups of customers – those who are already into crypto and looking for more ways to earn, and those traditional shoppers who are drawn in by the promise of higher cash-back deals. Capozza explained that Moso keeps both groups happy by keeping the shopping experience recognisable whilst also weaving in crypto incentives.
They also talked about businesses getting onboard. A lot of retailers are a touch nervous due to worries around regulations, which makes them hesitant to dive head-first into cryptocurrency. But, Moso and platforms like it are proving to be a helpful middleman solution. They allow businesses to offer crypto rewards, still keep doing their main transactions in regular currency. This method lets customers familiar with crypto to engage without needing total commitment to blockchain.
The podcast episode went on to talk about the hurdles faced in bettering user experiences. Capozza focused on the importance of making accounts and chain abstraction simpler to bring new users onboard and to offer smooth integration for those who are already au fait with crypto. By reducing these tech-related obstacles, platforms create a more welcoming Web3 world.
Reflecting on the wider impact on Web3, the chat revealed that crypto cash-back incentives are encouraging everyday use and creating feedback loops that drive token ecosystems. As these systems continue to evolve, they could be prototypes for blending the potential of blockchain with real-world usefulness, pushing Web3 beyond its speculative aspect.
The progress made in bridging the gap between traditional and decentralized systems has been huge due to things like crypto cash-back. It’s crucial in helping blockchain get accepted into the mainstream and making Web3 a bigger part of our day-to-day lives.
Head over to the Cointelegraph podcast page, Spotify, Apple Podcasts or whichever podcast platform you prefer to listen to the full episode of “Hashing It Out”. Also, don’t miss out on the full range of other shows by Cointelegraph! And for all you crypto fans, check out their magazine with the latest buzz in the crypto world.