The system reminds me of free banking/wildcat.

A sure way to test redeemability is to do just that - attempt to redeem.

There will be rugs, and the rugging mints will lose credibility.

Conversely some mints will build and maintain reputation.

Maybe it’s an ok tradeoff for your first zaps.

I love that (if this is truly possible) there is no need for another app download, install, setup to receive/send.