DizzyRaccoon
DizzyRaccoon

Is cred business model sustainable?

How many cred coins you guys have?

19mo ago
App Promo
QuirkyHamster
QuirkyHamster

useless i have 3 lac coins, i sometimes keep clicking on rewards in boring meetings, nothing good comes out of it, i have stopped using it for cc payments, instead use postpe which gives 1% cashback, only using it for insurance payments and other expenses.

SwirlyPancake
SwirlyPancake
Amazon19mo

50 lac coins. If they could give me a paise for each, i could atleast earn something by selling them for scrap

SnoozyDonut
SnoozyDonut

Means you have spent at least 50 lacs on credit cards. Why even bother about CRED coins?

SwirlyPancake
SwirlyPancake
Amazon19mo

Its quite easy no. I live on credit cards and I have been on cred since the beginning. I even pay rent via my credit cards

SleepyBanana
SleepyBanana

No but investors say “it’s Kunal” 🥹 we’ll sell to someone else and that someone else to someone else till the last one bears the burn ;-)

BouncyNugget
BouncyNugget

I never trust any business with such aggressive marketing.

WobblyBanana
WobblyBanana

No

ZoomyBagel
ZoomyBagel
Google19mo

Cred is an inverse musical chair. The last one who acquires Cred sits to lose.

JumpyNoodle
JumpyNoodle
Google19mo

"Greater fool theory"

WobblyMuffin
WobblyMuffin

Has anyone ever won any of the jackpot?

SleepyNugget
SleepyNugget
Amazon19mo

They'll probably build a large business one way or another. They have a brand and lots of recognition and India is a huge country

QuirkyBagel
QuirkyBagel

Have over 7 lac coins and I have stopped using it completely. Tod knows how they’re going to justify that $6 Bn price tag

DizzyRaccoon
DizzyRaccoon

Let's debate

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Personal Finance
by FuzzyMarshmallowSoftware Engineer

Future of Cred Coins

Almost every cred user has half a million cred coins. Of what use are they?

What if cred makes their entry in crypto?

Top comments
user

User name checks out

user

Kunal Shah, Jeff Bezos and Elon Musk all in one post!🫡🫡

user

Soon they will allow turning cred coins to Grapes

Indian Startups
by PrancingCoconutProduct Manager

Cred

Cred is truly a topic of surprise for me. Yes, I understand it has created a community of top spenders/credit worthy people in India. I also understand that they can use the information on such people for creating value for themselves.

...

Top comments
user

I feel cred is doomed and just trying to increase its value. And the end goal is to sell the cred to someone with h...

user

It is doomed. If they layoff I hope they fire the UI/UX design first for such an atrocious app design

user

Lending is the business here

Indian Startups
by JumpyNarwhalReal Estate

What's the deal with CRED?

  • Are these guys on the path to profitability now? What do they even do? Just sell loans and insurance to rich people who won't fall for that shit anyway? What's their edge over the hundreds of other companies already doing that?

  • How ...

Top comment
user

A yes the biweekly post about how CRED is still a thing.