8PAY Network v2

What is 8PAY and how Does It Work?

The token project 8Pay has implemented an "Invest" component to automate token investments via Dollar Cost Averaging (DCA). Its merit is notably demonstrated in its plugin availability for the Shopify and WooCommerce platforms, thus facilitating token payment solutions for merchants. With the Fixed Recurring feature, 8Pay enables merchants to manage subscriptions at pre-determined intervals fitting for instances such as gym memberships and media streaming services. The platform supports stablecoins and also possesses its unique 8PAY token for additional utility.

In terms of practical application, the platform has fostered considerable use within the streaming community, notably on platforms such as Twitch and YouTube, offering an interface for streamers to accept token donations from their audience. Additional offerings like utility bill payments and replenishment-based services can be executed via 8Pay. The platform aids the integration and community growth through its Javascript SDK and also offers token payments for Shopify stores.

Functionalities such as the admin area facilitate link management, checks, and revision of donation history. The platform continually improves its web application and is also developing a mobile application.

As for token transactions, 8Pay has procedures to ease token migrations. It introduces components like automatic buy orders (DCA) and scheduled payments, though you need to stake the 8PAY token to access certain features, like the Autobiller. The platform seeks to establish a payment protocol that bridges fiat and tokens.

The platform accepts streaming donations, recurring payments with major tokens, transactions between multiple recipients, and contains a plugin for WooCommerce. Transactions on the platform incur gas fees and transaction costs via the 8Pay token, native to the project, which resides on the Polygon network. The team persistently sharpens the UI and UX of the platform and facilitates scheduled payments on a daily, weekly, or monthly basis.

Managed by the Autobiller feature, both scheduled and demand payments simplify the billing process for fixed payments. An automated billing and transactions function illuminates the platform's capabilities in easing crypto payments for merchants for both single and recurring transactions.

Moreover, 8Pay can address processing of charities subscriptions, donation models, and streamer donations across varied tokens. The seamless experience extends to e-commerce with an option for online stores to facilitate token payments via the WooCommerce plugin. Given the diverse functionalities, it's clear that tokens like BNB, USDT, BUSD, USDC, WETH, and the native 8Pay token, find extended support on this platform.

The Vision and Mission Behind 8PAY

Flooz.xyz aims to refine recurring transactions in the token ecosystem through fostering relations with potential partners. The platform emphasizes the role of diverse groups for their mission, particularly enhancing income models for charities. By adopting a subscription-model approach, charities could be allowed a steady stream of resources, facilitating appropriate planning for their obligations. The focus of Flooz.xyz revolves around fostering relationships and transforming income-generation strategies for charities.

How to Buy and Store 8PAY?

To purchase 8PAY, Flooz.xyz offers a streamlined process that provides a one-stop solution for acquiring this token. With Flooz.xyz, you can trade 8PAY directly on the platform, without the need to possess a wallet. This smooth checkout process allows you to tap tap go, and all payment methods are supported.

Utilizing Flooz self-custodial web wallet, you ensure seamless 8PAY transactions. This web wallet enables you to store, send, and receive tokens, all in one convenient location. Creating a self-custodial wallet on Flooz is quick and easy, as you can do so using your email, Google, or Apple ID in a matter of seconds. This also ensures continuous access to your funds, thanks to the power of cryptography.

Flooz.xyz goes beyond just providing a streamlined buying experience. It aggregates more than 50+ providers to ensure that you have access to the fastest and most cost-effective payment routes for your trades. This not only ensures efficient transactions but also provides peace of mind. With over 85,000 active traders on Flooz.xyz, you can trust that this platform offers a seamless and optimized trading experience for acquiring 8PAY.

8PAY Metrics:

• Current price: $0.0057

• Market cap: $504.6 k

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $0

Exploring 8PAY Financial Mechanics

The 8PAY platform features a unique payment function for transactional fees, aimed at improving the fluidity of payment workflows and simplifying network cost management. Currently, an enhancement of the platform functions is underway. The Autobiller feature catalyses billing automation through blockchain contract technology, evaluating fund sufficiency and moderating transactional fees. Continuous improvements are also brought to the platform's interfaces on web and mobile versions along with a function to address potential issues. With automated blockchain contracts and a permission-free framework, the platform optimises token use while adhering to the principles of distribution. The protocol's formulation is ideally suited for dealing with multiple parties, which makes it apt for e-commerce trades within the 8PAY network. The project has a strong commitment towards bolstering its functionalities and services, along with intensifying connections with e-commerce businesses. Community engagement and updates sharing are achieved through various platforms like Twitter, Telegram and an announcement channel. The focus also lies on establishing ties with traditional token organisations and independent creators. A beta version of 8PAY's mobile app is accessible and plans for launching the mainnet on the BSC network are underway.

Advanced Insights: Mining and Ecosystem

The inception of 8PAY token aims to cater to the demand for interoperability within the blockchain realm. A prime concentration of the 8PAY token is tailored towards enhancing user interaction, introducing a plethora of features. These include functionalities like invoice downloading facilitating simplified transaction record keeping. Additionally, the token incorporates a mechanism for blacklisting specific terminologies and addresses, possibly paving the way for a more refined interaction environment, and discouraging inappropriate exchanges within the 8PAY system.