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1/ A significant step has been accomplished. 2 years in the making.
@UTRUST and @twispay are officially evolving into #xMoney.
But what does this all mean?
xmoney.com
@UTRUST and @twispay are officially evolving into #xMoney.
But what does this all mean?
xmoney.com
2/ In October 2021 we announced the @twispay acquisition, because we believed that payments could be one of the most effective use cases that could take blockchain technology mainstream significantly faster if executed well.
3/ Just three months later, @UTRUST also became part of @MultiversX, because we believed that together with Twispay we could, gradually, unlock an unparalleled payment solution.
A vision that takes a tangible form today, with the unveil of #xMoney.
A vision that takes a tangible form today, with the unveil of #xMoney.
4/ Now their unique capabilities have merged to create a new digital payment network for all things money.
And four products are already here. Live and ready.
Used by thousands worldwide, and even adopted by a 🇨🇭city, they are now integral to the xMoney vision.
And four products are already here. Live and ready.
Used by thousands worldwide, and even adopted by a 🇨🇭city, they are now integral to the xMoney vision.
5/ xMoney Crypto Pay.
A crypto payment solution that enables merchants to tap into new revenue streams, expand their addressable market, and go global with crypto payments.
Allowing them to embrace digital assets immediately, through quick and intuitive integration tools.
A crypto payment solution that enables merchants to tap into new revenue streams, expand their addressable market, and go global with crypto payments.
Allowing them to embrace digital assets immediately, through quick and intuitive integration tools.
6/ xMoney Fiat Pay
Payment gateway that enables merchants to accept in-store and online card payments.
Already compatible with major e-commerce integrations, it provides businesses with a secure and reliable payment method.
Payment gateway that enables merchants to accept in-store and online card payments.
Already compatible with major e-commerce integrations, it provides businesses with a secure and reliable payment method.
7/ xMoney Pay Request
A versatile invoicing tool that reduces the complexity of handling crypto payments.
With customizable QR-code invoices for hassle-free payment processing.
A versatile invoicing tool that reduces the complexity of handling crypto payments.
With customizable QR-code invoices for hassle-free payment processing.
8/ xMoney Pay Links
Payments, made channel-agnostic. Easy to generate payment links in both crypto and fiat, shareable via email, SMS, or any online app, ensuring a fast, flexible and user-friendly experience.
Payments, made channel-agnostic. Easy to generate payment links in both crypto and fiat, shareable via email, SMS, or any online app, ensuring a fast, flexible and user-friendly experience.
9/ Other exciting products are coming at a later stage.
On-ramps and Off-ramps, IBANs, Peer-To-Peer payments, are all coming in their own time.
On-ramps and Off-ramps, IBANs, Peer-To-Peer payments, are all coming in their own time.
10/ One more thing.
xMoney powers the @xPortalApp xCard that we are heavily testing.
Expected launch: early Q3.
xMoney powers the @xPortalApp xCard that we are heavily testing.
Expected launch: early Q3.
https://twitter.com/lucianmincu/status/1656637108512075780?s=20
11/ Today’s milestone helps us expand on two fronts.
First, the clarity, coherence, and the product suite we are offering.
Second, by adding new products we expand the addressable market for xMoney, as well as the @MultiversX & $EGLD ecosystem.
First, the clarity, coherence, and the product suite we are offering.
Second, by adding new products we expand the addressable market for xMoney, as well as the @MultiversX & $EGLD ecosystem.
12/ The $UTK token has also received a significant economics improvement proposal.
A 4-week window for community feedback is open before implementation.
drive.google.com/file/d/10TFVgr…
A 4-week window for community feedback is open before implementation.
drive.google.com/file/d/10TFVgr…
13/ Why is this good for UTK holders?
Well, new utility, better economics, better alignment w/ the growth of the xMoney payment network.
The supply reduction & new mechanisms are designed to align incentives w/ the current growth objectives, and set UTK on a deflationary path.
Well, new utility, better economics, better alignment w/ the growth of the xMoney payment network.
The supply reduction & new mechanisms are designed to align incentives w/ the current growth objectives, and set UTK on a deflationary path.
14/ A first crucial milestone has been successfully reached.
Not the final one, but the first one that brings us closer to the vision of the world's digital payments network for all things money.
Building is what moves us forward.
Next step coming on June 29.
Not the final one, but the first one that brings us closer to the vision of the world's digital payments network for all things money.
Building is what moves us forward.
Next step coming on June 29.
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