Last mentioned: Mar 9, 2026
Colossus, a lean four-person startup, is developing a decentralized payment infrastructure on an Ethereum layer-2 to bypass traditional KYC requirements. By leveraging blockchain technology, the firm aims to offer crypto cards that challenge the dominance of incumbents like Visa and Mastercard.
A lean team of four at Colossus is developing a decentralized payment infrastructure aimed at bypassing traditional credit card networks. By leveraging Ethereum Layer-2 technology, the project seeks to offer crypto-native cards that eliminate standard KYC requirements, potentially disrupting the global payments landscape.
Colossus is developing a decentralized payment infrastructure on Ethereum Layer-2 to bypass traditional credit card networks. By offering KYC-less crypto cards, the firm aims to disrupt the dominance of Visa and Mastercard while navigating significant regulatory hurdles.
A lean startup named Colossus is attempting to disrupt the global payment duopoly of Visa and Mastercard by launching crypto cards that bypass traditional KYC requirements. Leveraging Ethereum Layer-2 technology, the firm aims to provide a decentralized, privacy-focused alternative to traditional credit and debit rails.