Thread by @InfiniteAtman

Flexa network is uniquely positioned to power a new era of digital payments. Here is why:

@FlexaHQ $FXC

Flexa is not a wallet. It’s infrastructure to settle transactions, also called payment rail. As such it provides the necessary architecture for direct and immediate payments with digital assets.

@FlexaHQ $FXC

Payments require a communication layer between the merchant, the customers wallet, the payment hardware (POS or point of sale terminal) and the exchange which is responsible for final settlement.

Since transaction speed depends on confirmation times of the asset you intend to pay with, Flexa introduces collateral pools. They provide the necessary liquidity in order to bridge the gap between payment and final settlement for seamless and instant payments.

@FlexaHQ $FXC

This is the utility of $FXC. It’s a collateral token, which can be deployed in order to provide wallets with liquidity. Each wallet will need to offer incentives to attract collateral. Each wallet will contribute to the overall exposure of Flexa.

@FlexaHQ $FXC

Flexa’s design is uniquely lean and efficient. Visa payments run through many intermediaries, which make them expensive and susceptible to fraud. Compared to that Flexa can save the merchant up to 3% of payment fees. A huge incentive

@FlexaHQ $FXC

Flexa’s is currency agnostic and has been designed to facilitate payments from any wallet, in any coin, to any merchant. This includes fiat pegged stable coins, which is why it’s not far stretched to imagine fiat payments powered by Flexa.

@FlexaHQ $FXC

Judging from the buzz around CBDCs, we will soon see USD pegged stablecoins backed by the FED. This will become a dominating narrative the years to come. Payment rails for digital assets are the strategic infrastructure to unlock this next chapter.

@FlexaHQ $FXC

By design Flexa is easy to integrate with common POS hardware and doesn’t require any updates from the merchants side. It’s already live in 40’000 locations. Together with @McKinsey Flexa showcased their solution at the mall of America last year.

@FlexaHQ $FXC

Through its go to market partner @NCRCorporation, the worlds biggest provider of POS terminals Flexa is ready to be deployed globally. NCR is showcasing Flexa’s solutions as a product ready to ship.

@FlexaHQ $FXC

Together with @Shopify, Flexa will be powering online payments soon. Shopify is the second-biggest ecommerce group after Amazon by US market share, processing $61bn worth of merchandise globally.

@FlexaHQ $FXC

Wallets powered by Flexa’s Spend SDK include @Gemini, @BRDHQ, @CeloOrg, @CoinList, @Coinme, @Dharma_HQ, and possibly even @coinbase. Many more to be expected this year.

@FlexaHQ $FXC

Flexa was privately funded, with no ICO and is fully compliant. I assume as soon as all regulatory pieces are in place, we will see more announcements, listings and news.

@FlexaHQ $FXC

The Flexa token $FXC sits at the heart of the network and will power a new landscape of digital payments. Since staking rewards need to be paid out in $FXC, the value that is accrued within the system directly flows back into the token economy.

@FlexaHQ $FXC

The dynamic relationship between $FXC, the necessary collateral and total transaction volume is particularly intriguing. Growth simulation projections are staggering. Even slight levels of adoption lead to massive growth in network value.

@FlexaHQ $FXC

66,3m USD worth of $FXC is currently being locked as collateral, or 57% of the circulating supply - making Flexa by far the N°1 project for payments in DeFi. 7 times the the total locked value of lightning network.

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