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ThirdCard - The corporate card for web3 projects and companies | Product Hunt

 2 years ago
source link: https://www.producthunt.com/posts/thirdcard
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ThirdCard

The corporate card for web3 projects and companies

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ThirdCard is the corporate card for web3 projects and organizations. Deposit your crypto, and get instant access to your on-chain funds through corporate cards for you and your entire organization.
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Hey PH fam!!

It's been a while since my last hunt/launch but ever since having dipped my feet into NFTs (as you can see with my last launch), I've been working with and consulting for NFT projects and other web3 companies (protocols, etc). One big problem I always hear about is off-ramping and ThirdCard solves that elegantly.

It's extremely easy to setup - all you do is create an account, send funds from your wallet or multi-sig and they take care of everything else required to setup a card that essentially fronts you USD for your expenses.

Check it out, sign up, and leave a comment!

@jason_wong12

I like the approach and have seen several projects popping up with similar end goal.

It would be helpful if you can provide more context in terms of what stage you're currently in when it comes to development, production, etc. -- from what I can gather is that its a concept still? There's just so very very limited information that I don't want to come off with a negative connotation or critique it without sufficient base. Have a few questions, and please feel free to correct me on any of them:

1) Terms of Service, Privacy Policy, and GDPR Policy in the website are just there as placements because you will be updating that soon? They don't point anywhere and all of them just have # as href. Dealing with USD compliance and starting out with taking contact form from users and not having any ToS, PP, and GDPR information whatsoever looks questionable. Specially being a crypto product.

2) You stated its extremely easy to setup yet don't provide any more information of the process itself. Aside from vague explanations with that the only step is create account, add funds, ready to use. The only project I have seen done this successfully is Moon through PayWithMoon, and they issue a VISA virtual card provided by Sutton Bank. Given you're stating this is a corporate card, and by image on the site, this will also be issued by VISA?

3) "Add funds to your cards on-chain without dealing with exchanges or banks" -> I suggest you rephrase this as "Send your crypto directly from your wallet to your Thirdpay acccount and quickly have access to USD through your ThirdPay corporate card." If you're stating that ThirdPay "fronts" the user with USD through a card, then an exchange+bank or just an exchange is involved in this transaction, depending on the payment rails its utilizing in the backend. Specially since you have VISA displayed as the card issuer. "Never worry about having to off-ramp your crypto. Simply add funds to your on-chain account through your wallet or multi-sig" -> Wallet or multi-sig? Is this trying to say Multi-Sig as in Multi-Sig wallet? If so, then its confusing and incorrect to say wallet "or" multi-sig.

4) "Built-in expense management and compliance. Track your expenses from one place effortlessly and have all of the compliance taken care of for you." -> Given the limited information just stating it has "built-in" expense management and compliance doesn't make you compliant.

5) One thing that threw me off from your comment here was reading: "send funds from your wallet or multi-sig and THEY take care of everything else required..." -> They? Is this your project? Or are involved in it? Or just promoting it? Again, very little info to go on.

Hopefully my questions / suggestions can be of help. Also... want to reiterate that my comments and questions above are not intended to be interpreted in any negative tone or bashing. I'm simply asking for more information+clarity to appropriately provide any meaningful feedback after. Have been in the industry for a few years specifically developing on- and off-ramp for enterprise+retail.

Cheers, -A


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