In short
Podcast Episode Notes: How Crypto Checkouts Drive Millions in Sales (Breakpoint 2024)
Podcast Information
- Title: Real Vision: Finance & Investing
- Description: A podcast offering insights and analysis in finance and investing, featuring interviews with leading figures in the industry.
Episode Overview
- Episode Title: How Crypto Checkouts Drive Millions in Sales
- Description: A discussion led by Stijn Paumen, CEO of Helio, focusing on the impact of crypto checkouts on sales and the potential for growth within the crypto commerce market.
Key Highlights
Introduction
- Stijn Paumen expresses enthusiasm for the Solana ecosystem and highlights the importance of the Breakpoint event, despite not being able to attend in person.
Helio's Mission
- Company Background:
- Helio aims to provide cryptocurrency checkouts for merchants.
- Founded two years ago, they have onboarded over 6,000 creators and merchants.
Achievements
- Sales Growth:
- Helio has facilitated over $1 billion in annualized payment volume.
- They cater to 750,000 unique buyers and offer solutions for digital goods, subscriptions, and e-commerce.
Market Dynamics
- Initial Focus:
- Launched with a strategy centered around Solana due to its efficiency, lower costs, and speed compared to Bitcoin and Ethereum.
- Merchant Insights:
- The primary motivation for merchants adopting Helio is to reach new customers and communities.
- The crypto commerce market is valued at $8 billion, projected to grow to $30 billion in the coming years.
Features and Innovations
- Checkout Solutions:
- Helio provides branded pay links and checkouts for seamless on-chain transactions.
- Integration capabilities include:
- Discord for membership sales.
- YouTube for paywalled content.
- Shopify for e-commerce transactions.
- New Launch - Blinks for Shopify:
- A tool enabling Shopify brands to sell directly from a centralized platform.
Customer Loyalty Programs
- Web3 Features:
- Offers new features for customer loyalty, allowing merchants to provide discounts to Seeker holders (200,000 crypto-savvy users) and include NFT airdrops in purchases.
- Merchants can use their own tokens as a payment method to enhance utility.
Conclusion
- Paumen emphasizes the goal of making crypto payments accessible and urges attendees to connect with Helio for further information.
Key Takeaways
- Helio is positioned as a leader in the crypto checkout space, driving significant sales growth for merchants.
- The crypto commerce market represents a burgeoning opportunity with substantial projected growth.
- Integrating crypto solutions into mainstream platforms like Shopify and Discord opens new avenues for merchants to engage with customers.
- Future developments in crypto payments promise increased accessibility and utility for both merchants and consumers.
Additional Notes
- For more details on Breakpoint 2024 and Helio's offerings, visit [Solana Breakpoint](https://solana.com/breakpoint).
- Listeners are encouraged to conduct independent research and consult with financial advisors regarding investment decisions.
Disclaimer
- The content serves educational and informational purposes and is not financial advice.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00Hey, everyone. As you know, Solana is one of the ecosystems I'm the most interested in. I've been incredibly bullish. I love to see the vibrancy of what is happening in the space. Unfortunately, I couldn't make Breakpoint this year, but the stories have been amazing. I heard the talks are incredible, and we're really proud of Real Vision to give you talks from Solana Breakpoint 2024 in Singapore. I really hope you enjoy them.
0:37Hey, everyone. Super great to be here. So I'm Stein, the CEO and founder of Helio. Crucially, not to be confused with either Helium or Helios. That's a very common mistake in this ecosystem. So we want to show you something new that we've been working on. It's going to help our merchants, customers use crypto checkouts in new innovative ways to drive millions in sales. so when Jim and I started Helio two years ago our main goal was to deliver crypto checkouts to the masses and since then we've onboarded 6 ,000 creators merchants and developers that use Helio to sell digital goods subscriptions e-commerce to over 750 ,000 unique buyers we've grown our payment volume from near zero to over a billion on an annualized basis.
1:37All right, so when we started, the main drivers behind the pay with crypto narrative were still Bitcoin and Ethereum. We launched with a Solana first strategy because it makes sense to use the cheapest and fastest rails for payments. However, on our journey, we've learned something that's even more important. The number one reason why merchants choose Hideo and Solana is because they want to reach new customers and new communities. Yes, they love speed. Yes, they love low cost. But they like selling more even more. And that's really the killer feature of checkouts on Solana. And that's now becoming a very large opportunity indeed.
2:20so as decentralized wealth grows and we have tens of millions of users with digital currency in their wallets they're gonna want to spend some of that and that's the crypto commerce market opportunity which is 8 billion today growing to 30 billion over the next few years and that's the opportunity that we unlock for our merchant customers we help them reach those digital dollars with seamless on-chain checkout solutions. And we do that through Helio-branded pay links and checkouts. Can you put your hand up if you've ever paid on a Helio pay link or a checkout? About one-third of you. So we see that as a really, really easy way for people to spin up a payment and instantly accept USDC or hundreds of other currencies.
3:15And then we also offer fully integrated white-label checkout solutions, integration into Discord for selling memberships, integration into YouTube for paywalling, a deck screener, Magic Eden integration, and of course the Solana Pay plugin for Shopify. Over the past year, we've helped hundreds of Shopify brands reach new customers, new communities, and we've seen over 75 million in real sales through the Solana Pay plugin. Web 2 brands like Brian Johnson's health regime, or of course, hardware products like HiveMapper, Keystone, Helium, and of course, Solana Mobile. Today, we're taking that one step further, and we're allowing our Shopify brand customers to sell directly from the virtual town square.
4:11Today, we're introducing Blinks for Shopify. Let's take a look.
4:42All right.
5:13Let's go. Can I have a round of applause for that? The team did an amazing job, I think. So can't wait to get this into the hands of our customers starting next week. We've also extended our suite of Web3 features for customer loyalty. We've seen the Seeker announcement yesterday. With a single click in the Helio dashboard, you can now offer a discount for your product or service to any Seeker holder. So that's a group of 200 ,000 crypto-fluent customers that you can reach at the click of a button. You can also include airdrops in your purchase, like non-fungible or fungible tokens. And also, if you have your own token, you can deliver ultimate utility by enabling it as a method of payment in Shopify.
6:00I think this is another great step towards our mission of making crypto payments accessible to everyone. Thank you for joining us today and please come and see us at booth number B7 to learn more. Thank you so much
From the publisher
👉 For more information, go to https://solana.com/breakpoint.
*SPONSORED CONTENT* Did you miss out on Breakpoint 2024? In partnership with Solana, Real Vision is releasing the best talks from the event. In this presentation, Stijn Paumen of Helio explains how his company is enabling hundreds of companies to take advantage of more than $75M in sales using crypto.
Breakpoint is the annual gathering of the worldwide Solana community, hosted by the Solana Foundation. Breakpoint 2024 was held Sept. 20-21 in Singapore. For more information, go to https://solana.com/breakpoint.
DISCLAIMER
The content herein is provided for educational, informational, and entertainment purposes only, and does not constitute an offer to sell or a solicitation of an offer to buy any securities, options, futures, or other derivatives related to securities in any jurisdiction, nor should not be relied upon as advice to buy, sell or hold any of the foregoing.
This content is intended to be general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented without undertaking independent due diligence and consultation with a professional advisor. Solana Foundation Foundation and its agents, advisors, council members, officers and employees (the “Foundation Parties”) make no representation or warranties, expressed or implied, as to the accuracy of the information herein and expressly disclaims any and all liability that may be based on such information or any errors or omissions therein.
The Foundation Parties shall have no liability whatsoever, under contract, tort, trust or otherwise, to any person arising from or related to the content or any use of the information contained herein by you or any of your representatives. All opinions expressed herein are the speakers’ own personal opinions and do not reflect the opinions of any entities.
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