PIP is a free internet browser extension & additionally a set of different cost merchandise, designed to bridge the hole between the Web3 and Web2 ecosystems by permitting customers to just accept funds on-line.
Built on Solana, PIP connects scalable crypto-protocols with widespread social platforms like Twitter and Facebook in order that billions of individuals can seamlessly transact worth and not using a single occasion’s permission or a excessive middleman charge.
Let’s check out how this platform plans to make a distinction.
What is PIP?
Is it attainable to attach billions of individuals with digital property identical to social platforms did?
PIP thinks so – and is making the adjustments a actuality.
As a Web 3.0 bridge connecting the blockchain world to the online 2.0 platforms, PIP can wrap your entire web2 with crypto in addition to convey billions of individuals to the Web 3.0 house.
Although creators can monetize their content material through social platforms reminiscent of Youtube, these platforms are all siloed and have their very own cost methods.
There can also be no interoperability between these social platforms. PIP acts as a impartial platform that permits interoperability amongst social platforms in the case of crypto actions.
Individuals don’t have any management over their information or id when the focus of energy is on social media platforms. In easy phrases, PIP is the one platform that has been disseminating worth throughout the globe identical to the web did with data up to now.
Social platforms have performed a constructive position in connecting billions of individuals globally by offering free companies and utilizing people as commercial merchandise.
If you needed to tip a content material creator or influencer for the superb content material or leisure that they’ve created, it may be troublesome.
PIP permits you to freely tip creators along with your most well-liked cryptocurrency throughout any social platform reminiscent of Facebook, Twitter, Reddit, Twitch, YouTube, Discord, or Twitch via a easy platform.
In addition, PIP can also be the one platform that provides such a service out there, permitting anybody to transact crypto tokens on social networks.
Currently, PIP customers are capable of transact any digital property on high of the social platforms, hyperlink social id to crypto-ownership, and monetize their content material on the internet.
PIP has already launched some main merchandise because it hit the world of Web3. Here are among the concepts that PIP has made a actuality.
The PIP Extension is a browser extension that permits anybody to ship and obtain funds on any internet web page of the web together with widespread social networks like Twitter, Twitch, Reddit, or Discord.
Normally, individuals use wallets, which require a particular pockets handle or a DNS (Domain Name Service) like ENS (Ethereum Name Service), or SNS (Solana Name Service), which is related to the person’s unique pockets to ship tokens to different individuals.
However, the Web 3.0 blockchain expertise has prolonged the use circumstances to a different stage, in order that social media reminiscent of Twitter contents (Tweets) can also change into the receiver of tokens.
Leveraging Web 3.0 expertise, the PIP tag is a human-readable crypto handle that’s linked with the alphanumeric handle. Thus, customers can put up PIP tags on any internet web page.
In addition, the PIP extension will spotlight the PIP tag to make funds seamlessly.
This function is a free Web3 profile to attach audiences and settle for funds, offering the best solution to create a profile hyperlink with many Web3 options. PIP.ME transactions are powered by Solana Pay, in addition to assist funds through Mobile pockets and QR.
PIP Creator Token
PIP customers can difficulty their very own social tokens. Therefore, they will distribute their tokens through social media platforms and supply their very own utilities connected with tokens.
In addition to the out there options, different ones are coming quickly on the platform, together with:
- PIP Paywall: Users will have the ability to impose a paywall on social media content material. As such, if a person desires to cost individuals to learn his or her writings on social platforms like Twitter or Medium, the PIP paywall might be built-in into the content material to generate a paywall button for individuals to pay and proceed studying.
- PIP Card: It is very for creators who usually are not accustomed to crypto. They can immediately buy items and companies with out conversing cash, which they acquired through their social media account.
$PIP is the native token of the PIP platform that’s used as a reward for PIP customers.
Users can earn $PIP via numerous engagements reminiscent of creating new content material, sending, and receiving with friends, in addition to interacting within the PIP group.
$PIP holders are additionally members of PipDAO and possess possession of the PIP ecosystem.
Moreover, liquidity suppliers achieve rewards based mostly on their proportion share of the general liquidity pool. These rewards are paid in $PIP to each supplier that locks liquidity.
How to Get Started With PIP?
You first have to put in the PIP Chrome extension, then join PIP with a Solana pockets through the use of Phantom, one of the crucial standard Solana wallets.
Next, you’re going to create a Solana tag to permit token switch between social platforms and Solana wallets. The Solana tag can also be capable of characterize the person’s distinctive pockets handle.
Don’t overlook to attach your social media account like Twitter with PIP in order that different PIP customers will have the ability to connect with ship and obtain crypto through social platforms.
If your good friend on the social platform is already a PIP person, she or he will obtain your cost immediately. Otherwise, your good friend should set up the PIP extension and join the Phantom pockets to assert the acquired crypto inside 24 hours.
PIP offers a greater cost expertise as crypto works neutrally on any webpage on the web whereas conventional funds corporations are platform-driven and permission-based.
The platform is disrupting Web 2.0 cost corporations like Paypal or Stripe to extend financial freedom on this planet by empowering people.
PIP permits individuals to monetize their content material on social platforms. As mentioned, they will use PIP to impose a paywall on encrypted posts on Twitter or Facebook. This is how a peer-to-peer economic system might be.
PIP Making Web3 Payments Happen
If the web might be mixed with crypto protocols, this might create a brand new economic system with important societal worth.
It may assist a household within the growing nation extra alternatives to earn cash by merely connecting with individuals via social media amid the growth of those social platforms as we speak.
Through PIP, anybody can ship ideas or pay for duties to individuals around the globe or to anybody that desires to affix up.
As a consequence, along with connecting big individuals around the globe on social media, it additionally permits high-quality content material to generate earnings that encourages the writer’s good motivation for creation.