they can set fees-in/fees-out. Basically the same incentives that runs wallet of satoshi, but with a far less resources investment needed (no need to maintain your client, or heavy infrastructure) and also less possibility to monetize (no ads in the app, no possibility to sell their company)...
In general it lowers a lot the barrier to run a custodians, so a lot of people can compete to offer the best mint and extract som profit in fees from it.
There will be absolutely rug pulls in the meantime :)
ponymontana🦄⚡
npub185p…36k8
2024-06-09 07:19:54
in reply to nevent1q…tg3h
Author Public Key
npub185pu2dsgg9d36uvvw7rwuy9aknn8hnknygr7x2yqa60ygvq6r8kqc836k8Published at
2024-06-09 07:19:54Event JSON
{
"id": "246957125ae8db3d7d1e3ef381712e924cbc7d279368af8ba81177f32766b307",
"pubkey": "3d03c53608415b1d718c7786ee10bdb4e67bced32207e32880ee9e44301a19ec",
"created_at": 1717910394,
"kind": 1,
"tags": [
[
"e",
"5f049cf81cabaddd4b81964231fe7b660b8121a05768e19ffa347dbaf4710072",
"",
"root"
],
[
"p",
"ee38b888033d67c4d377eeb3bd2c630874739df2d95e2ea9a8ad46aa76178e37"
]
],
"content": "they can set fees-in/fees-out. Basically the same incentives that runs wallet of satoshi, but with a far less resources investment needed (no need to maintain your client, or heavy infrastructure) and also less possibility to monetize (no ads in the app, no possibility to sell their company)...\nIn general it lowers a lot the barrier to run a custodians, so a lot of people can compete to offer the best mint and extract som profit in fees from it.\nThere will be absolutely rug pulls in the meantime :)",
"sig": "5ad9b7d27917519fe7d0a71d7afdb10913eb115eb4d3906f93c6ad749f683ef46f5468ee5dd1e0261eafa919d71940c5d0d26984b2d378d0f5edae7e52e89b87"
}