Cryptocurrency

Moving Towards Web 3.0 with Old Payment Method? Get Yourself a PIP

Market Trends

PIP adds Web 3.0 functionalities onto traditional social platforms with billions of users.

Designed to bridge the gap between Web 3.0 and Web 2.0 ecosystems, PIP is a free web browser extension and also a suite of other payment products. PIP is built on Solana to connect scalable crypto-protocols with common social platforms like Twitter and Facebook and allow users to accept payments online. So that billions of people can seamlessly transact value without a single party's permission or a high intermediary fee. This article features an in-depth analysis of PIP to help you discover why it is the future of Web 3.0 payment.

First thing first: What is PIP?

PIP adds Web 3.0 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 bridges 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 to Get Started With PIP?

Now that you know what PIP is, the next step will be how to use PIP. Install it from the Chrome extension, then connect PIP with a Solana wallet by using Phantom, one of the most popular Solana wallets. Creating a Solana tag will be your next step in order to allow token transfer between social platforms and Solana wallets. The Solana tag is also able to represent the user's unique wallet address.

Do not forget to connect your social media account like Twitter with PIP so that other PIP users will be able to connect to send and receive crypto via social platforms.

If your friend on the social platform is already a PIP user, he or she will receive your payment instantly. Otherwise, your friend must install the PIP extension and connect the Phantom wallet to claim the received crypto within 24 hours.

Alluring PIP features to check out
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 PIP tag on any web page; PIP extension will highlight the PIP tag so that payment can be made seamlessly.

Upcoming PIP features:
PIP Bio

PIP bio is a social identity tree that contains links of a 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 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.

Let's explore some amazing PIP products
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

PIP Button is a payment button that can be inserted into any website via the form of a simple javascript snippet. With this feature, users can create a button with their own site with various functions such as donation, tips, or checkout.

In conclusion, the list of outstanding features doesn't end here. PIP is also coming up with PIP Paywall (Users will be able to impose a paywall on social media content.) and PIP Card (It is especially for creators who are not familiar with crypto.)

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