Salaries · Wages

How about we change the way the world gets paid.

Abiodun Omotosho A think tank

January 3rd, 2021

By enabling workers to get paid and access their real time earnings anytime they want or need them throughout the month. We use technology to collect real time data on employee earnings, and make them available as desired.

Garett Laugavitz Building Pet Stick, the first educational and interactive crypto collectible on Ethereum.

January 7th, 2021

Crypto's making some inroads there: https://sablier.finance/


Abiodun Omotosho A think tank

January 5th, 2021

@Dane thank you for the comment , I know this exist in the US. However in underdeveloped county like Nigeria , we have to wait till 26 - 28 of the month to get paid . Only a handful of organisation pay their staffs certain percentage mid month . This is actually worse for contract staffs who do not earn as much as the full staffs nor can access micro loans based on their low income

Abiodun Omotosho A think tank

January 6th, 2021

@Ade thank you for your response. To test the idea , a landing can be created, advertise the value proposition, and wait to see if your idea gains traction. This will be sent to outsourcing firms in Lagos,Nigeria . Providing them with an opportunity to share their contact information.

By connecting Workforce Data to Personal Finance Data, we can creat a unique set of financial tools accessible to every single employee

Dane Madsen Organizational and Operational Strategy Consultant

January 5th, 2021

This has existed for some time - referred to in the US as Earned Wage Access or On-demand payroll.

ade omomo Cofounder and Tech specialist

January 5th, 2021

Hi Abiodun


If you think that there is a need and Dane says that it can be done, how would you test your idea?


Do you have access to potential users/customers?


As hard as the tech maybe it is comparatively easy when compared to acquiring customers and users.

Abiodun Omotosho A think tank

January 7th, 2021

@Garett that is awesome .. however is Ethereum a stable coin ?

ade omomo Cofounder and Tech specialist

January 7th, 2021

@Abiodun


How can you verify if your idea is feasible?


Essentially your idea in a Fintech startup.


Fintechs have a lot of regulation which is a barrier to entry. This is a good thing if you understand the industry and you have the contacts but a bad thing if you don't.


There will be many privacy, legal and data security issues.


How do you plan to solve this? Do you have any experience in this area?

Garett Laugavitz Building Pet Stick, the first educational and interactive crypto collectible on Ethereum.

January 8th, 2021

Hey @Abiodun no Ether isn't a stablecoin but it does enable decentralized stablecoins like DAI to exist. Ethereum is the second largest cryptocurrency after Bitcoin and has quite a bit of momentum with the amount of developers building on it. I'm pretty deep down the rabbit hole with it.. I'm into crypto art, VR real estate, blockchain based gaming, etc. Am building a crypto collectible project myself tokenizing music - "collectible hip-hop" specifically :) It's fun stuff!


But yeah to your point, people should be getting paid by the second.. Sablier is the closest thing to "streaming money" that I've seen.

Abiodun Omotosho A think tank

January 8th, 2021

@Ade thank you for your response. To test the idea , a landing can be created, advertise the value proposition, and wait to see if your idea gains traction. This will be sent to outsourcing firms in Lagos,Nigeria . Providing them with an opportunity to share their contact information.


By connecting Workforce Data to Personal Finance Data, we can creat a unique set of financial tools accessible to every single employee of.



Bridge mental gap


To work better with Non-Techs, you as a developer need to show interest in learning or understanding their responsibility or how they see the project/idea. You can use the "buddy program "



@Ade I believe this will ease some financial pressure that affect many healthcare ,banking and industrial workforce in Nigeria. This will create an opportunity to offer an employee proposition which will support their staffs ,helping both with recruitment and retention.


CBN is yet to come up with a strong framework or regulations guiding the entry and exist of FINTECS. What we have is just payment and microfinance licences . However this is workforce management, payroll services and employee benefits . I have been in the banking sector for over 5 years , currently working with the first digital bank in Nigeria which bulk of her staffs are on contract basis.



I have limited experience with privacy, legal and data security issues. Based on what I have read ,with consent from employees their information can be mined or this is done randomly with no name references.