Chidile

Will merchants ever be willing to accept stablecoins as payment?

Tech skills don’t pay, The experience does…

Day 1 of 30 Days of @boardyai, and I'm starting with something I believe: first to market is not the same as first to win. Nigerians hold a lot of USDT and have very few places to spend it. If you want to buy something in a shop, you have to sell to naira first, then pay. At @uniogateapp we're building the fix at checkout. The customer pays in stablecoin, the merchant receives naira, and the price is locked at checkout so the vendor never carries the volatility. Conversion and settlement run through licensed partners. We can be first to market with this. But I don't want to launch early and then watch a team with more resources copy what we built and get their licensing and infrastructure in order before we do... So we want to be first in, and also first to win. That means product, infrastructure and compliance have to be right before launch, not patched together after it. Here's where we are: 82 merchants interviewed before our first line of code, plus 100+ stablecoin holders 58 of those merchants committed to using it MVP, backend, APIs and sandbox payments working Fully bootstrapped, no external funding so far We're preparing our pre-seed now. Once funded, we expect to go live in two to three weeks. If you're an angel backing stablecoins, crypto and the ecosystem around them, I'd love to talk.

Don’t rage bait me Don’t rage bait me 😮‍💨😮‍💨😮‍💨😮‍💨😮‍💨😮‍💨 I might have to delete 𝕏 cause what’s all this senseless posts on my TL

I was surprised when @boardyai called me on my mobile to discuss plans for @uniogate's upcoming pre-seed… We even still hopped on a Google Meet call and it was honestly mind-blowing. I totally recommend @boardyai to every professional, regardless of your niche

Another lesson from building @uniogateapp with an incredible team: funding matters, but it is not what keeps you in the game. What keeps you in the game is resilience. The ability to get back up when nothing is going to plan, and to keep building anyway. A lot of founders believe the only thing standing between them and success is capital. It isn't. Being a founder is more than having a product and a bank balance. So far, @uniogateapp has been fully bootstrapped with no external funding. We're now preparing a pre-seed round ahead of launch, and the conviction that got us here is the same conviction we're bringing to that raise.

I have been building @uniogateapp with the best team for some months now, and | learned a couple things along the way... First, writing codes don't matter if you don't validate your product to see if it's even scalable: Nowadays founders spend a lot of time on the product than the people who want to use the product. At UnioGate we were able to speak with 82 merchants that met our customer persona, and over 100+ Stablecoin holders before we wrote our first line of code and that helped us understand what really mattered, not what sounded cool... I'll be sharing more of what I uncovered while building UnioGate... What's another way to validate a product?

Behind The Scene - For OFF-DUTY | Africa’s Biggest Tech Rave

From today, @Muse will handle the @BotIDProtocol X account

I am currently uploading a knowledge base on @BotIDProtocol to @Muse... Guess why???

Hey @Uglycash I've gotten tons of complaints concerning your VISA card issuance from customers claiming that they've been unable to get a virtual VISA card which is bad. Not only that but, no one has been responding to complaints on the support page. And I decided to give it a try and it's close to 24hours now and I too haven't gotten any response. We deserve better and you can do better… Peace out ✌️ Chidile @stablecoinapp @tiougly

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