Autopay for Web3 w/Eleni Steinman | S1 E7
On this episode of Rehash, we’re chatting with Loop Crypto co-founder, Eleni Steinman. After working for the federal government, Eleni went to business school in hopes of starting a business of her own. Once she was there, she stumbled across the Bitcoin whitepaper and fell down the crypto rabbit hole, eventually moving to Chicago to get her foot in the crypto industry door.
After working in the space for several years, Eleni took the leap and co-founded a project to solve a problem that she and her peers found themselves constantly running into. That problem was the lack of auto payment and subscription options in the crypto space, and the answer was Loop Crypto.
Eleni tells us all about the goals and plans of Loop, from streamlining SaaS subscription payments for DAOs to making crypto donations and loans easier than ever and much more. We also get into the future use cases of Loop, talk about music NFTs and ticketing, the state of crypto security, and discuss the role of regulation in the web3 space.
To continue this conversation and stay up to date on all things Rehash, you can follow Diana on Twitter @ddwchen and Rehash @rehashweb3. You can follow our guest, Eleni, @EleniThinks.
⌛ TIMESTAMPS:
0:00 Intro
0:48 Eleni’s background
1:51 How Loop Crypto began
3:17 Subscriptions and recurring payments in web3
4:22 Coinbase’s recurring buy system
5:16 How SaaS companies can leverage Loop
6:28 Crypto credit cards
8:25 How DAOs can use Loop
13:00 Donations and loans with Loop
14:34 Making crypto payments and subscriptions easy
17:52 Ensuring security
20:31 Mainstream crypto payment adoption
22:21 Music NFTs, ticketing, and NFT utility
25:19 Recurring crypto payments for creators
27:27 Gas for recurring payments
30:06 Potential causes of web3’s downfall
31:06 Crypto regulation
33:07 Diana’s vision for Rehash
34:52 Follow Eleni!
DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.