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iPay Launches as a De Facto Payment Gateway for Content Creators in Web 3.0

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iPay, a payment solution for one of today’s fastest-growing business areas in the creator economy launches as a de facto payment gateway for content creators in web 3.0.

Web 2.0 platforms are no longer relied upon by creators for the infrastructure that they have traditionally given in order to make money. Creators are migrating their audience away from larger platforms and onto their own websites and apps to adopt new monetization strategies. The power of creators can encourage widespread adoption of cryptocurrencies by providing direct, secure, and fast transactions. A currency designed specifically for the creative economy can serve as a monetization tool as well as an investment vehicle for holding and appreciating the value that creators make collectively. iPay aims to use breakthrough blockchain technology to become the major money and method of safe, anonymous virtual transactions for industries not limited to: mainstream/adult creators, gaming, gambling, and more, including their migration to the metaverse.

Digital content providers can use platforms like iFans to develop an online community and sell their work directly to their followers and subscribers. iFans is enabled by a digital paywall for direct monetization, unlike social networking networks where users generate money indirectly through advertisements placed within their content. Even if they don’t want to work full-time as a digital content developer, they can make money by selling their work on iFans in their leisure time.

As more creators, creative platforms, and industries spurned by banks and big tech flock to iPay, they will be able to take advantage of not only all of the benefits we’ve listed, but also serve as a repository for the enormous appreciating value they’re generating collectively.

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iPay is much more than a utility token. Its chances would be excellent if that were the only factor. However, the goal is to present it as a game-changer by realizing the vast and explosive value that the creator, adult, and gaming sectors generate collectively through a token and the transactions conducted through it.

With the expansion of these industries into the virtual reality metaverse, the growing market for NFTs within them, the need for secure and anonymous virtual payment solutions, and the rapid adoption of cryptocurrencies, iPay will be positioned as the right token, in the right place, with the right ideas and vision, at the right time.

iPay aims to become the biggest payment corridor for content creators

The current value of the creator economy is 104 billion dollars, with a forecast of 5.25 trillion dollars by 2030. The current worth of the cryptocurrency market is 2.5 trillion dollars, and it is expected to grow to 250 trillion dollars by 2030. The market for NFTs is currently worth $100 million. And by 2030, the market is predicted to have grown 2000 times to a value of 204 billion dollars. The current market value of the metaverse is $47 billion. This market is expected to grow to a size of $2.4 trillion.

All of this suggests that in the next 10 years, the number of crypto transactions will increase by a factor of five. The creators and those who appreciate their products will be the key engines of this growth, and iPay is positioned in this arena to benefit from it. Consider what it would be like if those who used iPhones could also invest in and benefit from the device’s growing popularity. This is one of the key advantages of utilizing iPay over the existing field of cryptocurrencies, which will develop at an exponential rate over the next decade in terms of usage and market.

iPay creates a safe, anonymous means for virtual transactions to be put into direct use and serve as a mode of investment in the industries which are set to fuel and benefit most from the exponential growth of these markets.

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Use cases are frequently seen as the alpha and omega of possible success in the crypto coin arena. Moreover, in the best cases, coins can be used as acceptable methods of payment or tied to a specific utility. iPay has a major advantage in this industry because by the time of its launch it will already be integrated in the multi-million dollar iFans platform and a few others. In this initial beta phase of integration onto a major creator platform, iPay will be able to incentivize and perfect modes of adoption by fans and creators. The objective is to draw in other platforms including brick and mortar businesses that may be looking to expand into streaming services, virtual reality, and migration to the metaverse.

Some of these potential partnerships are already in an early phase of development and integration. Factoring in all of these potential market opportunities, iPay aims to become a major player in these fast developing sectors. These sectors include the incredible growth of collectibles in the form of NFTs. In the near term, iFans will be the first platform to host an exclusive marketplace offering NFTs only available for purchase with iPay. In the longer term, the team behind iPay will be preparing the tools needed for all partners and platforms to integrate their offerings into the metaverse. To achieve this, they have the advantage of working with long-standing personal contacts who have for the last decade been constructing the metaverse’s architecture and underlying technology.

Blockchain

Global Fintech Market Size To Worth USD 1009.10 Billion By 2033 | CAGR Of 14.01%

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Blockchain

Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

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Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

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Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

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Italy Ramps Up Crypto Oversight in Line with MiCA

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Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

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This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

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