https://kusama.subsquare.io/referenda/568
- Bloque wants to make Kusama the top network for debit cards, starting in Latin America.
- They plan to issue 20,000 physical debit cards linked to Kusama accounts.
- Users can spend KSM and other tokens at stores, with $3.6M-$10M expected monthly spending.
- Kusama earns 0.2% fees per transaction ($7.2K-$20K monthly).
- Developers can create branded cards and earn 1.2% from user purchases.
- Costs include $107,707 for cards and $72,000 for engineering.
- The team has experience, moving $538K on Kusama already.
- Demo and more details are available in their links.