Web3 Payment Provider PIP is a Trusted Companion for Blockchain Content Creators

Web3 Payment Provider PIP is a Trusted Companion for Blockchain Content Creators

Web3 payment provider PIP has launched an initiative that aims to help the blockchain content creators

Built on Solana, PIP connects scalable crypto-protocols with common social platforms like Twitter and Facebook. Designed to bridge the gap between Web3 and Web 2.0 ecosystems, PIP is a free web browser extension and also a suite of other payment products. Creators and service owners can seamlessly transact value by integrating the PIP button into their website and unlocking an extra revenue stream. The process can be also done even without a single party's permission or a high intermediary fee. This helps billions of people to seamlessly transact value. This article features an in-depth analysis of PIP to help you discover why it is the future of Web3 payment.

Wondering why PIP is the Best? Here is your answer

PIP adds Web3 functionalities onto traditional social platforms with billions of users. Users can buy and sell NFTs & send and receive SOL, PIP, SRM, USDC, RAY, and FIDA tips directly on platforms such as Twitter and Twitch. PIP's mission is to disseminate value around the world in the same way that the internet did with knowledge.

As opposed to developing a brand-new infrastructure and ecosystem every time a new cryptocurrency is launched, PIP connects the blockchain world, represented as Web 3.0, and the web 2.0 platforms. PIP can wrap the entire web2 with crypto and potentially onboard billions of people to the web 3.0 payment.

How does PIP work

Initially, people have to install the PIP Chrome extension and then connect PIP with a Solana wallet by using Phantom, which is one of the most popular Solana wallets. Secondly, creating a Solana tag to enable token transfer between social platforms and Solana wallets. The Solana tag also represents the user's unique wallet address. In addition, remember to connect your social media account like Twitter with PIP. Then PIP users will be able to send and receive crypto via social platforms.

PIP features to increase your heartbeat

Web 3.0 payment

PIP Social pay

Users of PIP can send and receive coins over social platforms, such as Twitter, Twitch, and Facebook. PIP displays a payment button on the profile or post of a user that senders can click to make a payment.

PIP Tag

PIP tag is a human-readable crypto address (e.g., bob@solana) that is linked with the alphanumeric address (e.g., TxTQLnLuYe). Users can post a PIP tag on any web page; the PIP extension will highlight the PIP tag so that payment can be made seamlessly.

Upcoming PIP features:

PIP Creator token

PIP enables users to issue their own social tokens. PIP users can distribute their tokens via social media platforms and provide their own utilities attached with tokens.

PIP Swap

PIP allows users to swap tokens instantly on social media platforms via DEX or AMM protocol. For example, while a user is browsing Twitter and see a notable token to invest in, he or she can swap it immediately without leaving Twitter.

PIP Bio

PIP bio is a social identity tree that contains links to the user's social media accounts. PIP bio helps authenticate users so that interactions among users can be more trustworthy.

PIP NFT

PIP users can display their NFT holdings, allowing other PIP users to browse. PIP also provides a marketplace where users can buy and sell authenticated NFTs.

PIP ME and PIP Button ruling the world

PIP ME

This feature is a free Web3 profile to connect audiences and accept payments, providing the easiest way to create a profile link with many Web3 features. PIP.ME transactions are powered by Solana Pay, as well as support payments via Mobile wallet and QR.

PIP Button

Setting up the PIP button requires setting up a wallet through Phantom Wallet or Slope Wallet. Currently supporting Solana tokens and transactions (including SOL, USDC, PIP, SERUM, RAY, KIN, ORCA, etc.), the team plans to roll out support for additional major blockchains over the coming months.

The PIP button is geared towards entrepreneurs working in art, music, fashion, and film who are serious about incorporating blockchain into their business model, whether they've just launched their project or have several successful drops under their belt.

The solution works on various technical platforms including HTML, React, and Javascript and it supports third-party content management systems (CMS) like WordPress, Wix, Squarespace, and so on. To start using the system, a merchant needs to just integrate Phantom Wallet or Slope Wallet for Solana-based tokens. PIP button works with SOL as well as all mainstream tokens of the Solana ecosystem, including the likes of PIP, SERUM, RAY, KIN, ORCA, and so on. Also, the platform supports the Solana-based version of USD Coin (USDC), the fastest-growing stablecoin and the most capitalized asset in this segment after Tether (USDT).

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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