Powered by Base: Tuyo (Co-founder, Jorge Izquierdo)

This concept of check-in and savings is run its course. Hi, I'm Jorge, the co-founder and CEO of Tuyo. I've been building South Coast Oil Systems for the past 10 years and now we're building Tuyo, which is the banking app that helps people progress their financial life. Hey everyone, Ben Spiegelman here, head of institutional at base and excited to be here today with Jorge. When we started Tuyo two years ago, there were like three things that were available at that time that uniquely made it possible to build something like this.

One was blockchains being cheap enough so that we could do a lot of these things directly on self-custodial rails like back in 2020-2021 it didn't make sense for people to do things on-chain unless they had like a $10,000 or $100,000 portfolio because like every time they transact it was like $100. So when. Base and other L2s came around and took transactions so like the 10-cent range now below a cent you can actually do things directly on-chain when before it was like most people in the world were outpriced. the other things were stablecoins like having the ability of holding dollars for a lot of things in daily life you probably don't want to be living off of Bitcoin for buying bread or coffee and generating taxable entry every time and then the other ones were like some of the UX improvements around accounts so that we could do things in a much better way I'm not with like 10 metamask pop-ups every time you wanted to do something so we could build an experience so as to you we still have a lot to improve but they don't feel the difference they don't feel the pain of like being interacting on chain with crypto almost at all. One area I'd love to highlight as well as we've talked a lot about payments and I think a lot of people when they think about payments they they typically think about it sometimes in a silo by itself and less so about financing.

Yeah the concept of checking and a savings account is like why would you need this? It's like it can all be the same thing and they use to decide and like hey the cash that I have here I want to in this particular are bought or jailed opportunity that can happen automatically.. And that's it and of course you go pay for you can pull from that amount, make an investment into buy some ether or buy some tokenized You can also do that just as fast. R-