The Imperative of Native Payments on the Internet (and How Our Site Serves as Its Catalyst)
A decentralized payments infrastructure is vital for the internet's future, as envisioned by the creator of Bitcoin. Though Bitcoin paved the way for cryptocurrencies, its use as a payment system has been restricted by practical limitations, evolving into a store of value instead.
Our website addresses this gap by offering an autoscaling blockchain capable of handling real-time demand, ensuring transaction fees remain under a cent even with hundreds of millions of users. Moreover, it is EVM-compatible, seamlessly integrating with the growing Ethereum ecosystem.
Unlike most EVM chains focused on decentralized finance (DeFi), our website targets PayFi – a sector with real-world applications and massive scale. Ripple and Stellar have made strides in PayFi, but they lack consumer-first solutions and EVM compatibility. Our website fills this void by combining PayFi with EVM compatibility.
Payments, as opposed to DeFi, have broader appeal, making them the gateway to mass adoption. As the digital world grows, younger generations are less likely to rely on outdated banking systems, favoring privacy, speed, and global access. To facilitate this transition, we must build a decentralized payment system.
Our strategy involves addressing payment challenges step-by-step, allowing the community, developers, and early adopters to shape our roadmap. With our website's high scalability and ultra-low fees, we are well-positioned to lead the way in PayFi.
PayFi presents various use cases, divided into macro and micro payment categories. Macro use cases include cross-border remittances, e-commerce payments, payroll, institutional settlements, trade finance, real-world asset transactions, crowdfunding, and donations. Micro use cases revolve around AI agents and the Internet of Things (IoT). By focusing on micro payments at scale, our website aims to enable a pay-per-use business model.
The potential value and investor confidence in solving real-world financial problems through blockchain are illustrated by the market capitalization of Ripple (XRP) and Stellar (XLM), both primarily focusing on payments infrastructure. Our website brings a unique perspective and focused strategy to this space, ensuring a high growth trajectory.
Our website aspires to become the default payments layer of the decentralized internet, unlocking mass adoption and fulfilling Satoshi's original vision. By working together and focusing on solving payments, we can unlock Web3 for billions of people. The roadmap for our website's PayFi strategy will be released soon.
We invite builders, innovators, and payment solutions to join our journey, shape the future of PayFi, and recommendations through a provided form.
SHM is the key to participating early in our website's decentralized, scalable network. Today, transactions on our network cost less than $0.01, regardless of network traffic or the amount transferred. Soon, users will be able to stake SHM directly from their wallet and run a node using minimal hardware and a user-friendly interface, earning rewards. The opportunity is now open. Join us in making decentralization accessible to everyone.
Investing in the technology behind our website, which aims to become the default payments layer of the decentralized internet, presents an opportunity for significant growth. By focusing on improvingPayFi, we're not only addressing macro use cases like cross-border remittances and e-commerce payments, but also micro use cases like AI agents and the Internet of Things.
Our autoscaling blockchain, EVM-compatible, and combined with a consumer-first solution, sets us apart from competitors like Ripple and Stellar. By working together and fostering innovation, we can make decentralization accessible to everyone, facilitating mass adoption and unlocking Web3 for billions of people.
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