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We have to solve the money problem! (blenderdumbass.org)
submitted 1 year ago by to c/fediverse@lemmy.world
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[–] 3 points 1 year ago (5 children)

You can actually do it using USDC (USD stablecoin) on Ethereum via Base for free:

https://www.coinbase.com/en-br/developer-platform/discover/launches/zero-fee-usdc

Most people think of crypto as a scam, but there are actual useful products being built on Ethereum, and this is a great illustration on where it is a useful tool

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  • [–] 4 points 1 year ago* (last edited 1 year ago) (4 children)

    I think something like this is going to be a necessity to make a federated video platform work.

    What are the transaction fees for USDC?

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  • [–] 3 points 1 year ago (3 children)

    It has been around USD 0.001~0.008, but they are scaling aggressively so fluctuations aren't as significant in the future regardless of usage. Details here: https://www.growthepie.com/fees

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  • [–] 2 points 1 year ago (2 children)

    Are there options with lower fees? It's not much but if people pay per view it adds up quickly.

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