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idea to be able to pay for bounties in fiat #3028

Closed owocki closed 4 years ago

owocki commented 5 years ago

from @austintgriffith

Just had an awesome chat with mokhtar (other consensys dude working on metatx). He is actually pretty close with a couple things I think we should explore. One is a simple fiat -> metatx staking system: an app can allow users to stake fiat with Stripe and it sends a meta transaction to a contract to do stuff on chain on their behalf.
kuhnchris commented 5 years ago

Is that basically fiat -> "meta token" -> meta tx (as shown by austin) -> contract -> bounty ? basically we have a intermediate layer where we take the fiat tx, convert it to a equality (for example DAI), and upon finishing the bounty releasing it?

Basically it would mean to integrate a Stripe bridge to metatx which would result into the user having a "pseudo wallet" (or no wallet at all, just a contract to contract transaction) and metatx needing to "fund" the standard bounty contract, correct?

Maybe we should write a little PoC for that

Anish-Agnihotri commented 5 years ago

I'm not the most familiarized with the concept of metatx, but I've used Stripe bridges for other virtual currencies (non-crypto) in the past and just wanted to chime in and add onto @kuhnchris by saying that a PoC on this would be super cool.