Bonfida x PIP: Send $FIDA on Twitter & Twitch

Bonfida is pleased to announce its partnership with PIP. Users can now monetize themselves on social media platforms through sending and receiving $FIDA effortlessly. Both platforms are speedily paving the way to a P2P economy and Web 3.0!

PIP leverages the power of well-established social platforms to connect scalable crypto-protocols, such as Bonfida, so people can smoothly transact without a single party’s permission or high intermediary fees. These entrenched social media platforms include names such as Facebook, Twitter and more.

PIP is essentially bridging the gap between the blockchain world, that is Web 3.0, and Web 2.0 platforms.

The three main functions of PIP includes:

• Transacting assets, any digital value and currencies on social media platforms
• Linking social identities to crypto-ownership
• Encouraging users to monetize their web contents

How do Bonfida and PIP work together?

Using your Twitter handle to send users $FIDA

With PIP you can now send users $FIDA on Twitter! This process is as painless as a click of a button. The only requirements include having a Phantom wallet, a registered Twitter handle and being a PIP user. Given this, PIP will display payment options on the user’s profile or post, so that senders can easily click to make a $FIDA payment.

Using your PIP tag to send users $FIDA on Twitter & Twitch

Creating a PIP tag will also permit trouble-free sending and receiving of $FIDA on Twitter & Twitch. All you have to do is create a tag (username@bonfida) on PIP’s website and post it anywhere on Twitter and/or Twitch, including bios, tweets and so forth. This will then be highlighted by the PIP extension allowing users to send $FIDA to others. For example, adding the PIP tag such as “janedoe@bonfida” to a tweet will grant users the opportunity to send $FIDA to the wallet address associated with the tag as shown below. Yes, it’s as simple as that.

Coming Soon: SNS integration with PIP

Soon users will be able to use their .sol domain names to receive tokens on social media platforms! This supplements an added layer of efficiency where PIP users can send funds to a .sol domain name directly as opposed to internally between PIP users. In this manner, a PIP user can straightforwardly transact with other non-PIP users that have a .sol domain name. This method will work similarly to the PIP tag, however without the need for the recipient to have a PIP account.

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