Quote from: Aquiree on Today at 09:50:21 AM

Quote from: Fyfy on January 24, 2022, 07:27:36 AM

Quote from: tippytoes on January 21, 2022, 01:16:02 AM

Quote from: Fyfy on January 21, 2022, 01:00:06 AM

Quote from: Cleeton on January 21, 2022, 12:49:51 AM

There are a lots pf projects who are offering the low cost and fast payment system and there are many projects coming based on solana network.
How Do you differentiate you from them and why should we choose you?

Fyfy ecosystem is built on the Solana blockchain, which is among the fastest blockchains available. The focus is to transfer stablecoins, for example, USDC over the network similarly to most known FIAT currencies, like EUR and USD. Fyfy aims to create a user-friendly environment in which the payment process is simple and convenient to use. And that's why you should choose us.

But as you aim to be a payment ecosystem, have you tried contacting at least couple of companies that may possibly interested to use a decentralized payment system? Also, this will only be used extensively if your token will be available in a lot of trading platforms. There are so many coins or tokens that are cheap already in terms of tx fees, let's say TRX.

So where do you think you will start here? In what exchange are you eyeing to list your SOL token? SOL network is getting their popularity in the market.

In addition to this, FYFY token it self is not going to be used for making payments. With Fyfy Pay you can use several crypto currencies to make payments. Then we swap the payment to stablecoin like USDC and transfer it to the merchant.

Right now we are negotiating with several different companies who are interested in using our service on their webstore.

Ecommerce is booming after the covid breakout no doubt about that. But why do you think that users will use some service like this when there are already working service available and they are supplying what the market needs?

There are a few strong traditional competitors in the field. For example, market leader Paypal had 392 million active accounts and 4.4 billion transactions with 285 billion of total payment volume in quarter one 2021. Additionally, almost 2 million websites use Stripe, which is payment processing software for online businesses. More specifically, SatoshiPay, and Strike are considered true competitors for Fyfy due to its focus on micropayments.

And we are confident that we can bring positive changes to this market and stand against the competitor.