utilizing crypto
Hi Dave and community, hope all is going well.
Dave reading your latest edge newsletters, I see you know a bit about crypto as well.
I own a little bit of crypto, and I recently been researching how to make my own crypto currencies.
I also been thinking how I could utilize my own crypto coin, token, NFT’s on a website.
This is what l came up with so far:
(for simplicity i will use $100.oo USD as example prices)
I would like my own token or coin perhaps ~hosted~ on Coinbase exchange.
have a membership that cost say $100.oo USD
out of that $100.oo:
pay business 90% (paid to Coinbase exchange account)
have an affiliate receive say 10% (paid to Coinbase exchange account)
have a coin, or token whole or partial depending on value at time of sale. let’s say that cost equals $100.oo USD
out of that $100.oo:
pay business 90% (paid to Coinbase exchange account)
have an affiliate receive say 10% (paid to Coinbase exchange account)
also sell or auction off NFT’s to investors straight from sites shop pages
website would use:
WordPress for cms.
woocommerce for shop.
affiliatewp for affiliate program.
so far I found these gateways:
Coinbase Commerce
https://wordpress.org/plugins/commerce-coinbase-for-woocommerce/
and
AffiliateWP Crypto
https://clickstudio.com.au/downloads/affiliatewp-crypto/
I believe these 2 gateways together would allow me to accept payment and be able to pay out affiliates with the Coinbase exchange.
one issue I come across is how could i sell coins/tokens and NFT’s directly on my website?
one way that i found is by:
Cryptocurrency Product for WooCommerce
https://wordpress.org/plugins/cryptocurrency-product-for-woocommerce/#installation
but unfortunately it does not support Coinbase, does anyone know one that does?
what are your or anyone else’s thoughts on building a website utilizing crypto?
also have you built similar type of site before?
any recommended tips, tricks, or plug-ins
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