Summary

Oink is a better way to organize finances in a community without any intermediaries. It is built for programmatic automations, decentralized decision-making, and transparency.

It provides the infrastructure to run bank-link services in Web3.

Oink is like SVB + LTSE/Carta + Deel for Web3.

Problem

Web3 wallets focus on individual use and aren’t built for businesses or organizations, which have very different needs.

Decentralized/community-driven organizations want to:

• Manage currency (USD, ETH, BTC, USDC) and track runway
• Track and approve expenses & transactions
• Accept investments in fiat and crypto
• Pay invoices in fiat
• Set up permissions for users
• Pay their employees and contractors in different currencies (direct deposit, wire transfers)
• Maintain transparency for every transaction and decision
• Integrate with accounting tools
• Issue and manage debit cards

Applications

• Treasury for DAO (Gnosis Safe + Snapshot)
• Community/decentralized health insurance
• Angel syndicates in Web3