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 simply accept funds on-line.
Constructed on Solana, PIP connects scalable crypto-protocols with frequent social platforms like Twitter and Fb in order that billions of individuals can seamlessly transact worth with out a single social gathering’s permission or a excessive middleman charge.
Let’s check out how this platform plans to make a distinction.
What’s PIP?
Is it doable to attach billions of individuals with digital belongings similar to social platforms did?
PIP thinks so – and is making the adjustments a actuality.
As a Internet 3.0 bridge connecting the blockchain world to the net 2.0 platforms, PIP can wrap all the web2 with crypto in addition to carry billions of individuals to the Internet 3.0 area.
Though creators can monetize their content material by way of social platforms similar to Youtube, these platforms are all siloed and have their very own cost programs.
There may be additionally no interoperability between these social platforms. PIP acts as a impartial platform that permits interoperability amongst social platforms in terms of crypto actions.
People 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 similar to the web did with data thus far.
Social platforms have performed a constructive position in connecting billions of individuals globally by offering free companies and utilizing people as commercial merchandise.
Should you wished to tip a content material creator or influencer for the wonderful content material or leisure that they’ve created, it may be tough.
PIP means that you can freely tip creators along with your most popular cryptocurrency throughout any social platform similar to Fb, Twitter, Reddit, Twitch, YouTube, Discord, or Twitch by way of a easy platform.
As well as, PIP can be the one platform that gives such a service out there, permitting anybody to transact crypto tokens on social networks.
Presently, PIP customers are in a position to transact any digital belongings on high of the social platforms, hyperlink social id to crypto-ownership, and monetize their content material on the internet.
PIP Options
PIP has already launched some main merchandise because it hit the world of Web3. Listed below are among the concepts that PIP has made a actuality.
PIP Extension
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 frequent social networks like Twitter, Twitch, Reddit, or Discord.
PIP Tag
Usually, individuals use wallets, which require a selected pockets tackle or a DNS (Area Identify Service) like ENS (Ethereum Identify Service), or SNS (Solana Identify Service), which is related to the person’s unique pockets to ship tokens to different individuals.
Nonetheless, the Internet 3.0 blockchain expertise has prolonged the use instances to a different stage, in order that social media similar to Twitter contents (Tweets) can also change into the receiver of tokens.
Leveraging Internet 3.0 expertise, the PIP tag is a human-readable crypto tackle that’s linked with the alphanumeric tackle. Thus, customers can put up PIP tags on any internet web page.
As well as, the PIP extension will spotlight the PIP tag to make funds seamlessly.
PIP.ME
This function is a free Web3 profile to attach audiences and settle for funds, offering the simplest option to create a profile hyperlink with many Web3 options. PIP.ME transactions are powered by Solana Pay, in addition to assist funds by way of Cellular pockets and QR.
PIP Creator Token
PIP customers can problem their very own social tokens. Subsequently, they will distribute their tokens by way of social media platforms and supply their very own utilities connected with tokens.
PIP Button
PIP Button is a cost button that may be inserted into any web site by way of the type of a easy javascript snippet. With this function, customers with their very own web site can create a button with numerous capabilities similar to donation, suggestions, or checkout.
Along with the out there options, different ones are coming quickly on the platform, together with:
- PIP Paywall: Customers will be capable to impose a paywall on social media content material. As such, if a person needs to cost individuals to learn his or her writings on social platforms like Twitter or Medium, the PIP paywall will be built-in into the content material to generate a paywall button for individuals to pay and proceed studying.
- PIP Card: It’s particularly for creators who should not accustomed to crypto. They’ll straight buy items and companies with out conversing cash, which they obtained by way of their social media account.
Tokenomics
$PIP is the native token of the PIP platform that’s used as a reward for PIP customers.
Customers can earn $PIP by way of numerous engagements similar to 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.
Furthermore, liquidity suppliers acquire rewards primarily based on their proportion share of the general liquidity pool. These rewards are paid in $PIP to each supplier that locks liquidity.
How you can Get Began With PIP?
You first have to put in the PIP Chrome extension, then join PIP with a Solana pockets by utilizing Phantom, one of the vital standard Solana wallets.
Subsequent, you’ll create a Solana tag to permit token switch between social platforms and Solana wallets. The Solana tag can be in a position to characterize the person’s distinctive pockets tackle.
Don’t neglect to attach your social media account like Twitter with PIP in order that different PIP customers will be capable to connect with ship and obtain crypto by way of social platforms.
In case your good friend on the social platform is already a PIP person, she or he will obtain your cost immediately. In any other case, your good friend should set up the PIP extension and join the Phantom pockets to assert the obtained crypto inside 24 hours.
PIP gives a greater cost expertise as crypto works neutrally on any webpage on the web whereas conventional funds firms are platform-driven and permission-based.
The platform is disrupting Internet 2.0 cost firms like Paypal or Stripe to extend financial freedom on the earth 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 Fb. That is how a peer-to-peer economic system might be.
PIP Making Web3 Funds Occur
If the web will be mixed with crypto protocols, this might create a brand new economic system with important societal worth.
It might assist a household within the creating nation extra alternatives to earn cash by merely connecting with individuals by way of social media amid the increase of those social platforms at present.
By PIP, anybody can ship suggestions or pay for duties to individuals world wide or to anybody that wishes to hitch up.
Because of this, along with connecting large individuals world wide on social media, it additionally permits high-quality content material to generate revenue that encourages the creator’s good motivation for creation.
