8x Protocol

8x Protocol

8x Protocol is a protocol that facilitates recurring crypto payments, shielding consumers or businesses from the volatility of cryptocurrencies. McKinsey estimates that the subscription economy will be worth more than $50 billion by 2020, with 80% of software products and services moving to a subscription model. Paying for subscription services in cryptocurrencies is not popular because their prices are too volatile and transactions require the use of private keys.

World Gold Council: Gold is not affected by cryptocurrencies: On May 11, the World Gold Council stated that gold is not affected by cryptocurrencies. (Golden Ten) [2022/5/11 3:05:44]

8x Protocol enables stable value exchange through MakerDao stable tokens, and they will authorize the protocol to make payments on their own behalf. But only certain "authorized" addresses are allowed to use the transfer proxy server to obtain tokens, and only the executor's smart contract can be authorized to use the transfer proxy. Payment execution is facilitated through a distributed network of nodes.

Well-known singer Zhang Huimei's concert on April 1 will be accompanied by NFT tickets: According to news on March 25, well-known singer Zhang Huimei will start the "aMEI ASMR World Tour Concert" at the Taipei Arena on April 1, and experience online sensory experience The event will officially start at 11:59 p.m. on the same day. Fans can get commemorative NFTs on the Tezos chain with concert tickets.

It is reported that this series of NFT works has a total of 130,000 pieces, 92% of which are basic models, 7% are special models, and 1% are joint models designed by 10 well-known encryption artists. [2022/3/25 14:17:38]

With 8x Protocol, users can earn zero-volatility digital currency and manage all subscriptions through a single interface. This is important, as many people waste money by neglecting to manage their subscriptions, centralized subscription management can prevent this. Interacting with all other smart contracts is at the core of the 8x Protocol.

Well-known e-commerce platform Shopify CEO joins Coinbase board of directors: On February 1, the encrypted exchange Coinbase announced on a blog that Tobias Lütke, CEO of the multinational e-commerce platform Shopify, has joined the Coinbase board of directors. Lütke will provide global experience and perspective as Coinbase plans to expand its international presence, it said.

Shopify is a multinational e-commerce company that allows merchants to set up stores and sell to consumers, and it claims to serve millions of merchants in more than 175 countries. Shopify previously accepted cryptocurrency payments through Coinbase. (Coinbase) [2022/2/1 9:25:23]

Founder Kerman Kohli started programming at the age of 12. The Homework App developed at the age of 14 achieved more than 2 million downloads and 100,000 monthly active-ethexc users. He won the Apple WWDC Scholarship at the age of 18 and founded 8x Protocol at the age of 20.

Tags：8x ProtocolDeFi

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