🚀 Dime: Consumer Friendly NFTs Stores

Digital storefronts designed for creators | Drop #60

October 14, 2021

Hello! This week, we have two updates for you:

A. ☀️ Startup Opportunities through Portal (and win bounties!)B. 🚀 This weeks startup, Dime

☀️ A. Startup Opportunities (& win a bounty!)

Earn up to $5,000 through our referral program and/or get a startup job!

DailyDropout.FYI is partnering with Portal to help you earn a commission by referring candidates to various partnering startups. One referral earns you $1, one resume earns you $10, one interview earns you $100+, and one successful job placement earns you up to $5,000.

Note: you can also refer yourself if you’re interested in the job!

This week, we have three exciting startup opportunities!

🚀 B. This week’s startup, Dime

Cryptocurrency & NFTs are changing the way we transact & monetize digital assets this decade. This week’s drop is making it easy for creators, artists, and entertainers to monetize their content in a futuristic way!

⚾ The Elevator Pitch:

Crypto-enthusiasts have spent over $2.1B on NFTs (non-fungible tokens) this year. NFTs make it possible to own photos, videos, art, or other digital assets entirely on a blockchain, but that often means you have to own cryptocurrency in order to own an NFT. 

Dime is making it possible for anyone to start creating, buying, and selling NFTs, without buying cryptocurrency first. Creators & brands simply upload their digital asset, easily build their online store, and then anyone can use a credit card and pay in USD: no barriers or transfer fees.

👇 The Drop Down

Site: https://dimecollect.com/ Founded: 2021Trend: Cryptocurrency & NFTsTraction: Raised seed round, YC company, built defensible techTeamBenjamin Share - ex. Google & Facebook from StanfordAaron Barbieri-Aghib - Fintech Engineer from U Chicago

🔍 Why we like it

  1. 🦾 Defensible techNFTs are traded on top of Ethereum using “smart contracts”. Unfortunately, it costs gas to execute an Ethereum smart contracts, causing creators to lose up to half their hard-earned money. Instead, Dime decided to build their own smart contract framework on a much cheaper cryptocurrency, so transaction costs take almost nothing from consumers.

  2. 💵 Huge opportunity backed by real valueThere’s already been $2.1B in NFT transactions this year, and that’s just for individuals who have made the leap from fiat to crypto. Dime has an opportunity to lower the barrier to entry for the mass public to engage in NFTs. Furthermore, they’re committed to providing a quality first-time experience with NFTs, ensuring the assets on their site are high quality & hold real value.

🤝 Get involved with Dime

  • Sign up to buy or create your own NFTs

  • Join their team! Dime just raised a round & is looking for engineers, designers, & marketers to take their company to the next level. Drop us a note at Unicorn Club

🤩 Check out some of our previous Drops