"You can potentially get the chance to win a million dollars." In April, @cerotoone got an email saying he and his co-founders had nine days to get to New York for the start of the Nitro accelerator. Despite having no registered company, no website and no visas in place, they packed their bags and flew to New York to begin building @joinCero Rather than becoming just another neobank, Cero has built a spending card for customers who expect more from their everyday spending than 1% cashback and a handful of points. It pools the yield and card fees that its users generate and gives them back as bigger upside, such as free purchases and entries into a weekly prize draw worth up to $1 million. Over time, each cardholder's spending builds a Cero Score, which grows with account activity and unlocks access to credit. MJ's conversation with @drewrogers: 2:30 - Nine days' notice to join Nitro Accelerator 3:42 - The first pitch: an onchain credit card 5:04 - Electric Capital's advice to go loud 6:40 - What 150 crypto users told the team 9:21 - Uncollateralized lending, explained 14:33 - Why users chose upside over credit 16:41 - How Cero's onchain rewards protocol works 18:12 - The UK's Premium Bonds as a model 20:34 - The Cero Score and building reputation 22:06 - Why points don't change how people spend 24:40 - What 5% yield on $10K buys 28:13 - Pooling everyone's rewards into one pot 29:54 - Buy now, pay never and the coin flip 31:16 - Megapot draws, Pokémon packs and partner rewards 35:14 - An industry over-indexed on infrastructure 37:06 - Why Cero is launching in Mexico first 39:18 - Teasing part two: onchain credit Episode 0062 Presented to you by Latitude / @rtp