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don
@Thedonkey
building the world’s fiat rails
688 Following    1.4K Followers
@islanddao growth aura crossed 700 WAU 300 DAU, new record $10.000 in TVL for our Reserva almost 4k users thanks for all support and vouch new landing page go live today 👀
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today we crossed our first $1M in volume, in a week where we acquired 1.016 new users, ATH in volume, profits and WAU. some of the responsibles for this growth: 1. we are seeing our first GTM initiatives paying off, starting an execution on channels we already knew where profitable and effective. one of the big examples is @notaboutdollar 's video about how to withdraw dollars you earn training AI in a way your mom could use it. the video got 4.6k views, with a high conversion rate for low-ticket users, however, our CAC for this is below $1, and is allowing users to have their first contact with @contavcbr 2. @islanddao is happening in Florianópolis - Brazil, and we had the chance to bring the team to onboard and listen to feedbacks from dozens of different users from all over the world. as a way to thanks the whole support we are getting, we cohosted a barbecue at Campeche Beach (next global tech hub), for brazilians and gringos, in partnership with our friends from @SuperteamBR @norafinancexyz @cloak_ag . we also will be presenting at 29th demoday IRL, at the IslandDao house. 3. impossible not to add the elections factor. lot of volume happened during this sunday, reflecting the uncertainty of brazilian elections and next 4 years. for us, at conta, our job is to adapt to the conditions we are given to, that said, the results of this elections will not change our vision, our why, it'll just change the how's and the context that we will have to adapt to. no government will solve the customer debt problem in Brazil. tech will. our last couple weeks on the tech side were structuring a better redundancy infra, raising the bar on security and attacking failed transactions and swaps, to reduce the downtime even further. also a lot of bug fixed were pushed. we also doubled our liquidity with @norafinancexyz and added @PodsFinance as a layer of liquidity and settlement, one of the most proeminent brazilian companies, giving us a whole new layer of stability. on comms side, we are looking for brazilian creators pushing content on crypto adoption and web2.5, also, companies that target non-crypto users but pay them in USDc, we can be the vector to allow you to access and distribute your product to millions of brazilians. the PMF on AI trainers was crystal clear. we're also building an API for these companies, if you want to bring frictionless payments on web3, please ping us, we're interested in understanding your usecase and see if we can ship the api as needed. great week with 400 users acquired in a single day, 0 fraud cases for the past 14 days, ath on profits with $367 going straight to the treasury, hitting the $1M mark and the 600 WAU. last week we also closed our raise, we managed to secure the full amount with names to be announced soon. now Conta has the runway to execute its strategy, keep showing growth and prepare for a next round where we want to secure 18 months runway to be the biggest web3 fintech in number of users in LATAM. seed round starts on nov-18th, if you're interested in learning more about it, please reach out. we keep shipping, thanks for all support 🙏
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@contavcbr highest new user count in a day! after onboarding the @islanddao community in Floripa today 🙏
we need to stop calling banks 'neobanks' just because looks cool. those are all regular banks or BaaS, operating for decades, with the same business model. @usePicnicBR is a neobank @eldoradoio is a neobank @joinpeanut is a neobank @chainlesscripto is a neobank @4payFinance @RipioApp is a neobank @lucamoneyapp is a neobank @PagCryptoFi is a neobank @p2pmebrasil is a neobank @Haven_Hn_ is a neobank the ones below have no onchain activity, they don't provide self custody, they don't allow onchain remmitance, they don't expose you to assets abroad, they don't offer cheaper credit. let's start calling them the right name: banks focused on digital channels.
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