Hi there people! I am excited to attach and study extra about BNBPay immediately! Are you able to inform us extra concerning the creation of BNBPay and what’s the downside you raised?
Thanks for having me My title is James and I’m a co-founder of BNBPAY – we’re a crypto undertaking aiming to change into probably the most broadly used crypto cost gateway for web3 commerce.
Might you please give us an summary of an important issues about BNBPay?
BNBPay was born on the BSC and incorporates the ERC-1363 protocol to permit customers to pay for his or her bills with $ BPAY and different crypto tokens.
Imaginative and prescient: Trustless, unchangeable and environment friendly are our fundamental rules for constructing the decentralized digital economic system of the cost business. Our mission is to form the way forward for cryptocurrency funds and alter the way in which we do cryptocurrency funds. BNBPay goals to change into probably the most broadly used crypto cost for buying and selling. (Each eCommerce and brick-and-mortar shops). The transaction affirmation for each cost is prepared in lower than 5 seconds and is due to this fact effectively fitted to each buy within the retailer.
BNBPAY PAYMENT ECOSYSTEM
• BNBPay provides a complete resolution for crypto funds, from the shopper’s pockets to the service provider immediately. Why look forward to confirmations or grapple with the headache of failed transactions?
• The BNBPay POS cost terminal provides retailers the power to seamlessly obtain any crypto, steady coin or fiat to allow them to keep away from any danger of volatility.
• BNBPay’s e-commerce permits simple integration with on-line retailers and subscription-based companies.
• The BNBPay reward system permits clients to pay with $ BPAY and earn by way of our BNBPay pockets.
• $ BPAY is only the start, your complete crypto ecosystem is the longer term.
So how will BNBPay have an effect on the crypto house or the world by way of 2021 and past?
Behind the BNBPay undertaking is a bunch of cost specialists and crypto pioneers with many years of expertise within the funds and retail POS and commerce industries.
So now we have the technical and enterprise know-how to scale BNBPAY as an organization by way of strategic partnerships, user-centric merchandise and present networks to allow crypto funds for hundreds of thousands of retailers world wide.
The BNBPay POS cost terminal provides retailers the power to seamlessly obtain any crypto, steady coin or over 150 fiat to allow them to keep away from any danger of volatility.
Now, in the event you may inform us one thing concerning the achievements of BNBPay up to now and the historical past of the undertaking, please inform us what you’re most happy with.
- We’ve got come a great distance in just below Four months since our inception.
- Our holder wallets grew organically to nearly 50,000 holders.
- Our market capitalization rose from beneath 1 million to nearly 450 million at its peak.
- In direction of the top of this quarter, we are going to roll out our BNBPAY cellular app, BNBPAY e-commerce plugins, level of gross sales and staking reward platforms.
- We began making use of for a cost license with the MAS (Financial Authority of Singapore).
- We not too long ago signed a letter of intent with Kee Tune Biotech to change into their unique crypto funds accomplice.
- The following 12 months can be enormous for BNBPAY as we attempt to speed up the expansion in service provider and person adoption!
Now give us a fast take a look at the way forward for BNBPay. For instance, what do you wish to convey one thing new to life and what does that imply for the general undertaking?
For us, the product is every thing. Our growth group is split into product growth for purchasers and product growth for sellers.
For purchasers, the person expertise is every thing – an intuitive and visually beautiful UIUX expertise will go a great distance in growing person adoption and retention.
For the retailer, it is all about seamless integration into their present enterprise cost circulate. We have to make crypto funds quick, reasonably priced and appropriate with their present bookkeeping and bookkeeping software program.
Inform us about your group. Who’re the folks behind the screens?
CEO Zave Huang: A spirited entrepreneur who has constructed plenty of companies, with 5+ service provider funds. Zave is answerable for main the corporate within the path of its imaginative and prescient, constructing vital strategic partnerships and buying financing.
CTO Teason Phang: Build up a number of expertise corporations, together with 2 within the service provider funds space. Teason is answerable for product growth and analysis and growth for BNBPAY.
CCO (Chief Crypto Officer) James Zhang: Monetary entrepreneur with a penchant for all issues crypto. James is answerable for the token facet of the enterprise, from token advertising and marketing and the neighborhood to crypto-related partnerships.
Which partnerships has BNBPay entered into up to now and that are the best?
We not too long ago signed a letter of intent with Kee Tune Biotech to change into their unique crypto funds accomplice.
The Kee Tune Group is a publicly traded firm in Taiwan and one of many largest poultry producers in Southeast Asia with annual gross sales of over US $ 100 million.
We’re in talks about a number of extra giant corporations and plan to enter into extra strategic partnerships over the subsequent 12 months.
What are the technical indicators for BPAY and the way do they result in a steady and balanced system?
Tokenomics consists of 10% BPAY rewards, 10% builders and 5% advertising and marketing.
We’ve got already burned 20 +% of the availability.
We’ve got been very cautious about value stability up to now and have not and doubtless by no means can have drawn on a developer or advertising and marketing pockets.
As a substitute, we depend on the 10% enterprise tax on enterprise bills.
The 10% commerce tax is meant to reward early buyers with thought and forestall bots from operating on the prime (5% reflection, 3% growth / advertising and marketing, and a couple of% auto buyback).
Our Pancake LP is blocked till 2026 and now we have simply listed in your first BitMart 4/11/21 change.
When folks wish to observe BNBPay in your social media pages, go to your web site, or learn your vital paperwork like your white paper, what hyperlinks do they should go to? Please checklist them under.
Web site: www.bnbpay.io
BNBPAY Dapp: app.bnbpay.io
Service provider web site: Service provider.bnbpay.io
BNBPAY crypto pockets demo: https://youtu.be/q9ecjhtSklA
Woo Commerce plugin: vamos.bnbpay.io
OpenCart plugin: buca.bnbpay.io
Thanks to your time!