[BS] KSM #568 - Stage 2: Drive massive adoption with the first 20,000 physical debit cards for LatAm people led by kusama (new 20,000 holders over 1 year)
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Description

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.
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Timestamp
Created
Jul 31 2025 06:09
Start date
Jul 31 2025 00:00
End date
Sep 29 2025 00:00
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