Coalescence of Musk and Zuckerberg ?
Elon Musk became the largest shareholder of Twitter as Zuckerberg having Facebook’s 500 million users. The world’s two social giants has officially met. But apart from the common dream of socializing, Musk and Zuckerberg have also been involved in the field of electronic digital payment.
Musk was the founder of PayPal, one of the largest electronic payment providers in the world. After earning the first pot of gold through PayPal, he left PayPal due to disagreement on development and established Tesla, a green energy automobile company. Unlike Musk, Zuckerberg has failed several times in electronic payment, with mundane progress in Facebook’s native wallet. Under the pressure of Libra’s final re-supervision, partners and major teams successively withdrew, and finally had to change their names and sell them.
Hence, the development of electronic payment needs opportunity and courage combined.
Recently, a Metaverse payment project named IRON MAN in Silicon Valley has attracted people’s attention. The characteristics of the project, which focuses mainly on payment rather than social interaction, are just the opposite of those of Twitter and Facebook. The project mission takes the unfinished tasks of Satoshi Nakamoto, Zuckerberg and Elon Musk, and gather the value consensus of cryptocurrency and legal tender with the original “general payment rules” to provide financial services to billions of people around the world who cannot use traditional banking services, change the world and create the future. Intention and development direction can’t help but make people suspect that its background is related to Twitter and Facebook. Perhaps it is unknown that the two giants are behind it.
One is unwilling to leave the field of electronic payment, and the other is frustrated repeatedly by digital payment, so the introduction and competition of Metaverse is the best business opportunity, and at the same time, it can evade some nations’ sanctions to some extent.
Several features of IRON MAN are also worthy noticing! First of all, although the name of the project is grandiose, but its technical direction is clear, a decentralized payment system that is not limited to any monetary form. Generally speaking, in the future, users can use cryptocurrency to pay for consumption in any restaurant, online or offline, or even in any restaurant that exists in Metaverse, on or off the chain, without worrying about whether these transaction objects know or accept decentralized payment.
Secondly, in order to better understand the shortcomings of electronic payment market, they collected data about user experience from cryptocurrency payment system and carefully studied the existing solutions. IRON MAN is not only a payment platform. At the same time, you can buy, sell, send, or accept personal tokens on the platform, and convert them into legal tokens, other encrypted tokens, or keep them in your wallet safely, so that their value will increase correspondingly with the value of the platform. Transactions using IRON MAN tokens will be converted internally, with no exchange fee.
Elon Musk once said: To live is to change the world. This Silicon Valley Iron Man has made many achievements in new energy and Star Chain, but the Internet has obviously failed to meet his requirements of changing the world. Returning to society and rebuilding payment may be his next plan!
Recommended News
-
New asset class: NFT fusion assets created by META X CITY take off
Fusion NFTs more profound than other alternative asset classes is the timing. The world is still gripped by volatility, uncertainty, complexity and ambiguity. A fourth wave of COVID is spreading around the world, bringing with it more economic disruption. Energy prices are spiraling and clogged up shipping is leading to an acute shortage of goods, all while companies report increasing rates of resignation and nobody to fill the subsequent vacancies. Interest rates are still at rock bottom despite galloping inflation. This dynamic repeats itself over and over again, from basketball…
-
The most anticipated chain game at the end of 2021–islandswap
If 2020 is the first year of DeFi’s explosion, then 2021 is undoubtedly the first year of GameFi’s explosion. Axie has become a phenomenon product whose monthly income has surpassed that of Honor of Kings, depicting a broad prospect of chain games for the public. The fitting concept “metaverse”, as well as the upgrading of policy and supervision, have pushed the chain games to a new climax. The shift from the traditional “Free to Play” to “Play to Earn” (P2E) mode has allowed many chain players to take advantage of GameFi. If you…
-
Ex-Tether Exec Quigley Disappointed in Current Management, Urges Audits
A co-founder of Tether, the $41 billion company behind the tether (USDT, -0.02%) stablecoin, said the company and its reserves should be audited at least quarterly, and maybe even monthly. “Every time you print a tether, you should have a dollar being added to that cash pool,” said William Quigley, who left the project in 2015 and now runs the non-fungible token (NFT) exchange WAX. “Audited once a month, once a quarter.” The comments on CoinDesk TV come after Tether last month agreed to a $18.5 million settlement with the New York Attorney General on charges of an…
-
After Dogeking, The wife — DogeQueen!
Sheng Teng, China’s top comedian, claimed during his act at the recent Chinese New Year Gala Night that he is currently exploring the metaverse and comparing himself to the Doge King and his spouse to the DogeQueen. When the two former classmates learned that this was a new field of investing, they were eager to withdraw all of their funds and become large shareholders in the industry. Surprisingly, the price of Dogeking has risen more than 2000x in two days as a result of the act, and the next gem…
-
Children in Nigeria who need basic necessities have been given supplies by CoinW Public Welfare Action
CoinW shows that it has empathy for the problems of the poor in Africa and donates aid and relief materials, to raise awareness of the brand’s purpose. On June 13, the African team of CoinW (www.coinw.com), the world’s leading cryptocurrency trading platform, and some volunteers from the crypto community pays a visit to Living Fountain Orphanage in Lagos, Nigeria, with a batch of charity supplies for the children to show their love and care. Covid-19 exacerbates poverty in Africa. Due to the economic impacts brought by the Covid-19 epidemic, poverty…
-
Windmill: Creating a Solid and Safe “Mining Ark” in the Rapidly Changing Crypto World
The crypto world has come to a new age of rapid growth. Bitcoin has became the world’s 6th asset, with its market value surpassing Tesla, according to a report by ResearchAndMarkets. The market scale of the global cryptocurrency market was approximately USD 979.5 million in 2020, and is expected to reach USD 1.4 billion after adjustment in 2027; the compound annual growth from 2020 to 2027 can reach 4.8%. Despite many policy constraints , in terms of the perspectives from governments around the world towards cryptocurrency, the crypto industry has…
-
“Convergence of Virtual and Real Worlds: AI-Powered Stores Empowering AR/VR Technology to Create Future Experiences”
Introduction: AI Stores Exploring New Frontiers in Augmented Reality and Virtual Reality In today’s rapidly advancing technological landscape, AI-powered stores are integrating Augmented Reality (AR) and Virtual Reality (VR) into becoming a part of our daily lives and work. By harnessing AR/VR technology within Artificial Intelligence (AI) stores, we are not just opening doors to innovation but also providing users with richer and more interactive experiences. This article delves into how AI-powered stores are empowering AR/VR to create unprecedented virtual experiences. AI Empowering AR/VR: Creating Immersive Experiences The Revolution in…
-
Q KI quark block chain bright third anniversary of the times fire all open!
From glory, after three years of development, quark block chain not only ushered in a major breakthrough in the digital economy, ecological construction and application landing technology, deep cultivation of the Internet + block chain applications, committed to the development of multiple ecological applications combined with quark public chain system, to create a more complete next generation block chain infrastructure.The quark block chain represents the new height of digital technology, and its innovative economic model also helps the quark block chain to break through the market. Both public chain technology…
-
OEC (OKEXChain)’s first NFT asset aggregation platform Dematrix will be launched on the mainnet soon
The official opening of the third phase of OKEXChain has opened a new era of DeFi ecology, which is good news for everyone in the blockchain world. OKExChain is the world’s first transaction chain-a blockchain technology infrastructure built for transactions. Through the development of “blockchain middleware” and operational support for transaction scenarios, it reduces the development costs of application developers and improves users’ Trading experience. As an open public chain ecology, anyone can campaign to become an OKExChain super node, or they can issue their own digital assets, create their…
-
IAI Token, Smart Contract Platform for New Era
1. The development of blockchain Blockchain technology is a distributed network data management technology that uses cryptography technology and distributed consensus protocols to ensure network transmission and access security, realizes multi-party data maintenance, cross-validation, consistency across the network, and it is not easy to tamper. As an important evolution of the new generation of information and communication technology, the blockchain provides new ideas for the management and value release of data elements, and provides a new way to establish a trusted collaboration network for cross-industry entities. After the COVID-19 epidemic,…