8Pay is launching the first fully decentralized payment platform that is accessible cross-chain. Built on top of Binance Smart Chain, the rapidly growing network developed by Binance exchange, 8Pay’s initial DEX offering launch will happen on BSCPad on April 5.
BSCPad is the first decentralized IDO platform catering to BSC projects. As a multi-chain application, 8Pay will initially launch on BSC before integrating with every other major Ethereum Virtual Machine-compatible blockchain network.
As cryptocurrency becomes mainstream, there’s demand for an easy-to-operate application that eliminates the barriers to entry for businesses and consumers. Currently, there are wallets and payment platforms that facilitate certain aspects of the cryptocurrency lifecycle, but there isn’t a readily available universal product. 8Pay plans to step in and fill this gap, offering an end-to-end retail solution.
8Pay is creating the first multi-chain payment platform that works for virtually every conceivable use case. With 8Pay, anyone can send single payments, pay for subscriptions or request payments, all through a user-friendly and intuitive application interface. Payment terms are fully customizable with input by both parties without the need for an intermediary.
8Pay offers all the benefits of blockchain technology with the feel of a traditional mobile payment app. It facilitates instant and cost-effective payments in a borderless manner, utilizing the powers of cryptocurrency to the fullest extent.
Although the entire 8Pay ecosystem relies on smart contracts, this has been abstracted away for the benefit of the end-user. 8Pay allows for payment integrations in the form of short URLs, buttons and QR codes embedded within a website, making it extremely simple to send and receive payments. On the back-end, any website can easily customize the 8Pay SDK for effortless integration.
Currently, 8Pay is undergoing final testing before its imminent platform and token launch. With the testnet already running, allowing users to experiment with the platform via MetaMask and other browser wallets, the mainnet launch is soon to come. You can still test out the platform yourself, with 8Pay supplying testnet tokens to execute payments and show what value the platform provides.
The 8Pay public sale is scheduled for April 5, 2021, and will be exclusive to the BSCPad community of investors. 8PAY, the native utility token of the 8Pay platform, will initially only be available as a Binance-based BEP-20 token, but following its launch, the team will work to quickly integrate 8PAY into other EVM networks. This will make 8PAY available as a multi-chain native asset. Using distributed ledger technology and BSC’s ultra-fast and inexpensive network, 8PAY is advancing a payment landscape that will simplify the retail experience and reduce costs for everyone.
Want to learn more about 8Pay? Visit https://8pay.network.