Save the Date: The 8Pay IDO Will Commence on April 5

We are excited to announce that the 8Pay Initial DEX Offering (IDO) will take place on Binance Smart Chain’s decentralized launchpad, BSCPad, on April 5.

This public offering will give users an opportunity to acquire 8PAY tokens, the native asset of our decentralized platform for automatic crypto payments. By owning a stake in 8Pay’s future, community members will be throwing their weight behind a permissionless payment protocol that enables automated crypto payments without the friction associated with existing payment services.

Ready for Liftoff

A total of 8,888,888 8PAY tokens will be available in the public sale: 25% unlock at TGE, then 25% monthly. This represents 10% of the total 8PAY token supply. To be eligible for the IDO, investors must hold a minimum of 1,000 BSCPAD tokens: our tokens will be available on popular decentralized exchanges PancakeSwap (BSC) and Uniswap (Ethereum) following the conclusion of the public sale.

So, why should you put April 5 in your diary?

Why 8Pay?

At the moment, automated crypto payments are beyond the realms of what’s possible. With crypto, we can send and receive funds but we can’t set up recurring payments whereupon merchants can claim their due on a weekly or monthly basis. With the 8Pay web and mobile applications, users can set up repeated payments to vendors of their choice, track balances, and use their crypto to facilitate a range of automated e-commerce transactions.

By integrating such options into an intuitive application, 8Pay helps make digital payments effortless and underscores the true value of blockchain. Users can use BNB and other BEP20 tokens and stablecoins to pay for subscriptions, all without having to surrender their personal details or private keys to 8Pay.

What’s more, there’s no need to deposit funds: just send and receive tokens directly, wallet-to-wallet, with BSC’s lightning-fast blockchain ensuring speedy transaction times and low fees.

8Pay also allows users to lock native tokens to receive a share of protocol fees. Designed to be used by both consumers and merchants, the platform generates payment request links that can be shared directly (as QR codes or links) or embedded on web pages, with an API also allowing for integration into custom interfaces.

Cancel-Proof Crypto Payments

And that’s not the only benefit. Because 8Pay is fully decentralized, it allows merchants to monetize their content and services free of judgment or censure. Like many, we have been troubled by the authoritarian nature of cancel culture that has seeped into society in recent years. However, it only serves to highlight the pressing need for decentralization, whether it’s in finance, big tech or government.

The crypto gods have determined that April 5 is the date. We’ll see you at the altar.

8PAY is an all-in-one payment protocol that enables quick and simple recurring transactions with digital currencies.

8PAY is an all-in-one payment protocol that enables quick and simple recurring transactions with digital currencies.