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28 sats \ 0 replies \ @michael OP 23 Mar 2022 \ parent \ on: @dooowta AMA: Kickstarting bitcoin circular economies worldwide, onboarding businesses, empowering local economies through ₿commerce. bitcoin
We're recently updated our website (oshi.tech) which should explain things a lot better!
Basically, there are three types of people using the app (and one user can be all three)
  1. Consumers - browse local deals and pay with any lightning-enabled bitcoin wallet. Each deal will have a discount/satsback attached to it. When you purchase the deal, you'll receive satsback and a voucher (sort of like a digital ticket) redeemable for whatever you purchased. For example, if you purchase a coffee, you'll pay via Oshi, earn the satsback, receive a voucher, and redeem that voucher for coffee at that specific business whenever you're ready!
  2. Businesses - We get businesses set up to accept bitcoin payments in just minutes. They can choose from several LSPs (lightning service providers). Ibex, OpenNode, BTCPay, Bitcoin Beach Wallet, and more coming soon! They then choose what they'd like to promote. Instead of 30% off beer during happy hour, how about 30% satsback for customers paying with bitcoin? Instead of buy 10 coffees, get 1 free using a punch card, how about get each coffee at 5-10% satsback through Oshi? The business receive the bitcoin instantly into their LSP account, and Oshi currently takes a 2.5% platform fee (which includes payment processing)
  3. Bitcoiners - If you share the app using your ref link with other consumers, you'll get 1% of every purchase they make in sats. Share the link with a business who onboards to Oshi, and you'll get 1% of every SALE they make. For early adopters, we're extending this commission FOREVER.
tldr; buy local goods and services, supporting your local economy, and earn bitcoin rewards. Share your ref link to stack some serious sats every time a business sells something, or every time your friends buy something.
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