dive-into-the-intoverse:-a-connected-web3-services-platform

Dive Into The INTOverse: A Connected Web3 Services Platform

 

Web3 is one of the most widely discussed technological revolutions in the past three years, having risen to popularity on the backs of blockchain protocols such as Ethereum. The Web3 space has expanded rapidly beyond the blockchain layer, resulting in new innovations such as decentralized identity, wallets, SocialFi, GameFi, and artificial intelligence. One of the newest iterations of this decentralized technology revolution is a connected Web3 services platform called INTOverse.

INTOverse is a comprehensive Web3 ecosystem that integrates different aspects of Web3 such as multichain wallets, SocialFi, digital identity, and AI tools into a singular platform. INTOverse’s goal is to fuel Web3 mass adoption through convenient communications and decentralized interactions. In fact, the platform has already gained over 55,000 active users, which shows its rapid growth over the last quarter.

INTOverse’s key technologies include a blockchain-driven consensus layer, a decentralized storage layer, decentralized domain and identity services, multichain wallets, and a browser that gives users access to various DApps. INTOverse is applying these technologies in four different areas: Web3 social media, social fingerprint, AI assistance, and decentralized wallet.

INTOverse has developed an advanced chat and social function that allows users from all across the globe to talk to each other in one-on-one chats or group chats. So far, communication and an “earn” function from chatting is what the platform has targeted in its early stage. This earn function is called “social mining,” where users can earn tokens effortlessly by chatting and communicating with their peers.

The introduction of social mining as a product has brought a new social experience to the blockchain community and constructed a refreshing approach to mining and earning platform tokens. Users who are marketers, brand developers, degens, creators, and the like can all experience INTOverse as a decentralized Instagram, Telegram, Facebook, or any other traditional Web2 social media platform and employ the platform for marketing, business development, community-building, and community management, all while earning while using INTO.

This feature and possibility means INTOverse is striving to build a better Web3 that’s more user-friendly, data secure, and profitable for the common user.

bit.store-adds-alternative-payments-and-pay-outs-via-alchemy-pay

Bit.Store Adds Alternative Payments and Pay-Outs Via Alchemy Pay

 

Asia’s leading SocialFi crypto investment platform, Bit.Store (STORE) has deepened its partnership with crypto payment provider Alchemy Pay (ACH). Further to the current credit card and paypal connections, Alchemy Pay will add popular alternative payment methods to Bit.Store including mobile wallets and domestic instant transfer services.

Furthermore, Alchemy Pay will provide Bit.Store with off-ramp capabilities, meaning their users can convert their crypto funds into over 100 local fiat currencies and have them deposited directly into their bank accounts.

These new capabilities once again highlight Alchemy Pay‘s impressive service within the industry and will elevate Bit.Store‘s app, which has already become very popular in Southeast Asia and Europe. In Indonesia, in particular, Bit.Store has become one of the top social cryptocurrency investment platforms for retail investors. The platform was launched in 2021 and has seen rapid growth. The number of users has grown 30% to 700k since the partners’ first collaborated in November 2021.

With its simple and intuitive design, Bit.Store has positioned itself as a beginner-friendly investment service that allows everyday people to access crypto conveniently and securely. The simplicity of design and functionality overcomes the barrier to entry for many and the app outshines competition by cleverly leveraging social elements and exploring a new ‘SocialFi’ model.

Bit.Store educates inexperienced investors so they can make smarter investment decisions. It embraces the web3.0 era by allowing users to create decentralized communities for the sharing of information alongside experienced and professional investors. The app has multiple groups and forums for trading discussions, as well as up-to-date news and educational items.

Bit.Store’s co-founder, Carl Moss said, “It is a big step forward to offer the flexibility of Alchemy Pay’s easy, secure payments to our users. Acceptance of mobile wallets are crucial, in particular, to our Asian users where so-called alternative payments are now becoming the dominant method. Additionally, the ability to pay-out from our platform via Alchemy Pay puts us way ahead of many of our competitors.”

Alchemy Pay now boasts over 300 fiat payment channels globally and is expected to integrate its crypto ramps on a larger scale in Q3 this year. John Tan, CEO of Alchemy Pay, said, “Our focus right now is on our ramps that are integrated onto crypto and web3 services. The ability to onboard users to platforms directly via global and local fiat payments, and then offer the chance to cash out again makes for a seamless, user-friendly experience. We are expecting to make a huge impact on the web3 movement with these ramps.”