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At Ethereal Summit NY recently, the hundreds of attendees paid for their meals with cryptocurrency via a QR code on their phones, made possible by an ingenious little widget called Burner Wallet that ran right in their mobile web browser.
Burner Wallet is a remarkable example of how much can be achieved with the most accessible implementation of blockchain technology. It’s simple, it’s functional, and it’s open source, meaning that any event or gathering in the world can utilize Burner Wallet as a Point of Sale methodology for free, and easily onboard visitors into the blockchain ecosystem.
You really have to even put the idea out there first, see if something similar exists.
Can you iterate on that? Then get something started, iterate on it, put it in people’s hands, see how they use it, and keep that loop going.
You can’t just get it exactly right on the first try. Even if you do have $50 million sitting in your treasury and you’re going to spend three years in the dark working on something, it’s better off if you came up for air and iterate with the ecosystem.
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