We are pleased to announce our next AMA on April 11th 2021 at 03:00 PM UTC Time: Satoshi Club x 8Pay
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join 8Pay Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. 8Pay Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about 8Pay
For more details:
8Pay Website – 8pay.network
8Pay Telegram – @official_8pay
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
1So many Rug Pulls and exit scam are happening now. How we can trust this project and believe you are not same like them?
2.How many wallets that can support your platform until now?also do you have any plan to build own wallet?
3.Share with us about your plans for 2021, what are you currently focus on, and are you going to expand the list of major exchanges?
4Security is always most important for a users. Can you tell us about your platform security? Have you done any audit via any audit platform?
5I want to have a LONG TERM INVESTMENT with your platform, but I’m in doubts right now, how can you convince and assure me this project is Secured and PROFITABLE?
many payment processors use the recurring micro-payment method, is this payment method compatible with your platform? is it applicable to micropayments with a low or high rate?
The current solutions for surety and automatic payments is something that is off the radar of the DeFi projects that currently exist. What does 8Pay mean? What exactly is 8Pay, what benefits does it offer to the community in general?
Increased adoption of cryptocurrencies has led to a growing demand for processing services to help businesses and users manage onerous manual crypto payments, with a variety of implementations available to online and offline merchants. Does the technology implemented by 8Pay solve this problem? Describe the product you are bringing to the DeFi world? What is 8 Pay for? What needs does it cover within the market?
8Pay’s permissionless design is based on smart contracts, providing a new range of functions for crypto assets. What benefits can users enjoy by implementing this contract design? Is your system designed to meet the needs of decentralized finance and automated crypto payments in one application?
When a user chooses to use 8Pay’s permissionless design, the result is that they enjoy one-time payments, fixed recurring, recurring variables and on demand with the click of a button, tracking balances and managing payments through the 8Pay website. or mobile applications. What are the billing models that 8Pay allows and what profile must be met for each of these classifications?
As we well know, payments can be created and managed directly from the 8Pay application, with the ability to insert buttons and share links or QR codes with ease. If I am a trader and I want to obtain slightly more advanced functions, what command should I use? Can I implement the use of Javascript?
8Pay supports four types of billing templates that can be shared with customers or integrated into websites using buttons, short URLs, and QR codes. Can you tell us a little more about these four billing models? Can you present it? Do users choose the models or does 8Pay implement it?
Some users have been complaining on your twitter posts and Telegram channel about potential risk and how you block them for rasing security concern. I know we have ‘fudders’ who may spread negative misconceptions, but do investors have any legitimate reason to be worried? Why is the IDO on BSCPad generating so much controversies? Was there any bug reported in the Token Contract audit which was done by TheBlockChainAuditor? Are there plans for the audit of 8pay core smart contract? Lastly, What deliberate measures will you be implementing to ensure the safety of your investors and users of your protocol?
You announced a recent partnership with GoSwapp, a cross chain DEFI trading app that is known for providing portfolio management and trading features to user on the go. For what purpose is this partnership and how does it broaden the spread or adoption 8pay? What benefit will your ecosystem benefit from this mutual business relationship and in what way will it help to optimize 8pay product?
8Pay supports four types of billing templates that can be shared with customers or integrated into websites using buttons, short URLs, and QR codes. Can you tell us about the SDK is it ready to integrate into the merchant site backend? What is it for? How does this tool work?
8PAY supports four different type of payments which are On-demand payment, Variable subscription, Single payment and Fixed subscription. What are the differences between these payment structure and in which payment situation can they be used? How can merchants embed these payment types into their protocol?
As we well know 8Pay several types of billing, which depend on the entity that is billing, have a fixed billing method, recurring billing. Can you tell us a little more about these billing models? How do I know which billing is the one that corresponds to me?
Increased adoption of cryptocurrencies has led to a growing demand for processing services to help businesses and users manage onerous manual crypto payments. What protocol is 8Pay built under? What exactly is 8Pay, what benefits does it offer and under which chains do they operate? What kind of automated payments does it allow?
I have been using your 8pay testnet on metamask with the process of subscription and minting the testnet token i have to pay for this subscription fees on the platform, i will like to know maybe you have a type of google form where you allow all your users to drop feedback after using the testnet and if you do i will like a link to it. I will also like to know if there are rewards given to me when i use the testnet (how will my testnet token be ratioed to the mainet token).
What information should I have on hand to complete payments through 8Pay? How is the payment process? Do you have a mobile application available to carry out transactions from anywhere through our device?
Thinking of it, in your production of one time click/ auto-recurring payment for your users. What are your plans for us when we are not online but will like to initiate a payment, do you have plans of introducing a scheduler to your mobile app/web app or maybe you can create an offline platform that can enhance communication with the online network.
Do you have plans to introduce the service where by the receiver get a notification maybe online or offline, indicating the have gotten the required payment or what are you plans for the receiver at the other end that need some kind of alert to notify them of transaction success.
When we are talking of online payment, what are the tokens, assets and stable coins you plan to introduce at beginning to the platform for payment of goods and services and when do you plan to start multi chain assets accessibility for your users.
It seems like staking is the only means of receiving 8pay token because after all my research none is available to me again. What are the backlash when a user unstake their token and also what are the APY when we stake the 8pay token. If there are other means of gaining rewards on the 8pay platform, then I will appreciate you telling us.
I read of your public sale that took place at the BSCPad launchpad, how long did it take your user to acquire the 10% of the token supply and was it successful or a little bit of slow purchase from users.
You say you have an initial approach focused on BSC, however you plan to become a multi-chain protocol, with what other Chains do you plan to involve the project and will it be interoperable?
8Pay aims to have an easy integration via API or 8Pay’s JavaScript library for advanced merchant features, what are these advanced tools exactly? Do you have special programs to expand your tools to business and merchandisers?
Hello,
You said mobile app is coming soon, I agreed with you . Is there a way we can secure our wallet on desktop application, since all wallet app do have security like phrase key, private and the rest?. Or we should just take the risks for now till you create mobile app?.
You completed the 8pay IDO on BSCpad few days ago. For how long will liquidity be locked on uniswap and pancakeswap? Is there reward for staying? Or any charges or loss for exiting? Tell us more about that.
8Pay was a project created to be a crypto payment platform. When you said crypto, do you mean 8pay can be used for paying in crypto or paying on sites supporting payment in crypto or both? Compared to existing crypto payment platform, what killer features makes you stamd out?
One of the things i can do with 8pay is setting a recurring payment for subscription. In cases when there is a bug or something, is there a smart contract or mechanism that prompts a reversal of payment? What other features are available to stand in when any failed transaction happen?
What type of assest is accepted for payment on the 8pay platform? All cryptocurrencies? Or just the 8pay token. What is the fee structure?
The 8pay platform is presently in the testnet stage. When are we expecting the mainnet? How have you been processing the feedbacks from the testnet? What improvement would be made to the main net?
Payment with full security is one of the things people consider before using a plaform. What are the security measures you have taken to ensure safety of funds?
Payment platform usually has complicated issues regarding on minimum or maximum deposit and withdrawal. Does 8pay has the issues on deposit and withdrawal? What unique features 8pay have to overcome the issue?
I saw in your roadmap that for the next quarter you have planned a users feedback analysis, through which channels will it be possible to give opinions and suggestions to the developers? Will there be an option to test your features early?
You are building a real use case ecosystem through your tools that might be interesting to have at your fingertips at all times, what expectations should your community have about your mobile app and when do you think it can be launched?
I read that users will be able to use BNB and several BEP-20 tokens and stablecoins to pay for goods and services. Will users also be required to hold 8Pay tokens in their wallet to pay the fees etc or will you charge the fees in the tokens users use for payment?
Single payments feature allows users to send a one-time payment to a friend, online store or vendor. Could you please clarify, in this use case, what are the benefits for the user, why would he/she prefer to use the 8Pay platform instead of direct transfer from wallet to wallet? Thank you
I am interested to learn more about the planned On-demand payment feature where merchants you’ll be automatically billed by the merchant every time you request a service. This sounds very convenient but risky. What system will you have in place to prevent scam merchants from charging users’ wallets without providing any services and scam exiting?
Southeast Asia is a very challenging market and many are competing campaigns here to attract investors; users and grow; with 8PAY do you see how Southeast Asia is and do you plan to develop & update here?
What are your plans to educate and raise awareness and adoption among the community to make more people understand 8PAY and its technology?
How do you plan to promote about your project in different countries? where English is not spoken very well. Do you have a local community so they can understand your project?
According to 8Pay website that we have to subscribe to enable automatic payments to our favorite services. So ,can you elaborate more about the subscription program offers by your platform? How we will be able to subscribe and enjoy the services of 8Pay? Aside from having a subscription ,do you also offer free trial for your users to try your services? Thank you
8Pay Integrates With PolyBridge to Support Cross-Chain Transfers of the 8PAY Token. Can you explain more about the collaboration of 8Pay to PolyBridge? If one of the purpose is to support cross-chain transfers of the 8PAY Token,how it will works? Aside from supporting 8Pay token transfer,do you plan to add more token for cross-chain transfer? If you get advantage from PolyBridge,in vice-versa what advantage that PolyBridge gets from collaborating with your platform? Thank you
1: Could you share a more detailed roadmap, with more specific ongoing and coming steps to take.
2: Besides holding my coins, what can I (or we) do to help you guys improve and help with the project?
For the rest, keep up the good work 😉
You are planning to develop a mobile application only for the 4th quarter of 2021, and the launch – for the 1st quarter of 2022. But now you are saying that it will have the same functionality as a desktop application. Will it be just a copy or are you planning to improve the mobile version and add new features to it?
5 days ago you announced a partnership with Goswapp which allows Mobile Defi Trading for mobile users. They have the android version of their application right now. As I see on your website, 8Pay mobile application is in build phase. Did you just have partnership with listing your token (8PAY) on Goswapp for your customers to get easier trading experience on uniswap and pancakeswap without dealing with contract address? And with this partnership, do you work with Goswapp to build your own customized mobile application too? Can you talk about the details of this partnership?
To enable automatic payments, I have to subscribe. When is it necessary to connect automatic payments? How is the subscription made, for what period of time, is the subscription paid and can I cancel it before the expiration date?
According to the information on 8PAY Medium article in 2019, you envision 8PAY to become a leading blockchain-based solution and processor, one that will enable merchants to deploy their own payment system to meet customer demand. Do you still stand with this vision? What accomplishments 8PAY Platform achieved with their development to make this vision one step closer into reality?
After read about your project 8Pay is a unique payment protocol, but can you tell us how much cryptocurrency that user can use in 8Pay platform ? also i hear that 8Pay already have bridge to other chain, can you explain about that bridge?
8PAY protocol designed a user-friendly desktop and mobile application without the need to code or execute complex smart contracts which gives vendors access to a cryptocurrency payment solution that is convenient and easy to use. How about the security of 8PAY? What safety precautions are you implementing to make all the transactions secure and the users identity protected?
8Pay supports single and recurring payments and designed for online purchases. if i am a merchant from onlineshop, what are the benefit by using 8Pay payment platform ? do merchant need to do registration on your platform or need other requirement to use 8Pay ?
i see that 8Pay continue to branch out and increase your presence in the Crypto world with partnering GoSwapp. As we know partnering is great way to spread and grow fast. So can you explain what agreement that 8Pay and GoSwapp already make from this collaboration ? Do you have any plan to add another partner in the future?
On your medium article, you confirmed that 8Pay experienced DDoS and hacking attempts on the 8Pay website and app. Do you still experiencing hacking attempts? Did you apply new layer of security or upgrade your security system after the hacking incident?
AS FOR THE 8PAY APP THAT IT MAKES IT FACILITATED FOR USERS WHO ARE INTERESTED IN IT, THAT IS, WHAT NOVELTIES AND SPECIAL FEATURES ARE CHARACTERISTICS OF IT, WHAT UTILITIES CAN IT BE GIVEN?