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Pip

Pip

PIP bridges Web 3.0 with traditional social platforms. Utilizing Solana blockchain, PIP allows users to seamlessly send & receive crypto, create & trade Creator Tokens, interact with NFTs and the audience on all of the most popular social networks with cross-platform and multi-blockchain solutions.

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Contents

PIP is a web 3 layer of the internet.

PIP leverages the existing social platforms that already have connected billions of people around the world. PIP connects scalable crypto-protocols like Solana with social platforms like Twitter and Facebook so that billions of people can seamlessly transact value without a single party's permission or a high intermediary fee.

As opposed to developing a brand-new infrastructure and ecosystem every time a new cryptocurrency is launched, PIP bridges the blockchain world, represented as Web 3.0, and the web 2.0 platforms. Pip can wrap the entire web2 with crypto and potentially onboard billions of people to the web3.

It is this approach that will pave the way for the peer-to-peer economy. You may have heard of the Creator economy where creators can monetize their content via Instagram or Youtube. The issue is that these platforms are all siloed and have their own payment systems, charging up to 60% fee on transactions. There is also no interoperability between Twitter, YouTube, and Twitch. PIP is a neutral platform that allows interoperability among social platforms when it comes to crypto activities. PIP provides three main solutions 1. Transacting currencies, assets, or any digital value on top of the social platforms 2. Linking social identity to crypto-ownership

3. Empowering individuals to monetize their contents on the web

Transacting value on social platforms

If the information protocol (aka the internet) can be combined with the financial protocol (aka the crypto), a new economy would emerge with significant societal value. In developing countries, for example, a family can earn much more than the average family income simply by connecting people through social media. Through PIP, people from all over the world can send tips or pay for tasks to anyone they’re connected to.

Linking social identity

PIP is the link between pseudonymous crypto addresses and social identities. One of the biggest problems in the crypto scene is that it is difficult to avoid fraud since you don’t know who you’re dealing with. For example, someone could take a screenshot of some art images on Instagram and sell them as NFTs. PIP, on the other hand, allows artists to authenticate with a social account and interact with their NFTs on existing social platforms.

Empowering individuals to monetize their content

Anyone can use PIP to monetize their content on existing social platforms. If you’re writing a blog on Medium.com and want to charge people to read it, you can use PIP. On Twitter or Facebook, you can impose a paywall on encrypted posts. This is how a peer-to-peer economy would look. Your mind alone is a source of wealth!

Our mission is to disseminate value around the world in the same way that the internet did with knowledge. We are very excited to present PIP and to fully pursue our mission. Help us improve and connect with us so that we can all change the world for the better.

Features

PIP is a Web 3 layer of the internet.

PIP allows any Web 3 application to be built on top of any website. First, we focus on building seamless payment rails over social media platforms.

1. Payment

PIP Social pay

Users of PIP can send and receive coins over social platforms, such as Twitter, Twitch, and Facebook. PIP displays a payment button on the profile or post of a user that senders can click to make a payment.

PIP Tag

PIP tag is a human-readable crypto address (e.g., bob@solana) that is linked with the alphanumeric address (e.g., TxTQLnLuYe... ). Users can post PIP tag in any web page; PIP extension will highlight the PIP tag so that payment can be made seamlessly.

Recipients do not need to be a PIP user to receive coins. When payment is made, the sender can notify the recipient via a comment or a message, and the coins are transferred to the smart contract until the recipient signs up for PIP. If coins are not claimed within 24 hours, they are returned to the sender.

2. Web 3.0 (coming soon)

PIP Bio

PIP bio is a social identity tree that contains links of a user's social media accounts. PIP bio helps authenticate users so that interactions among users can be more trustworthy.

PIP NFT

PIP users can display their NFT holdings, allowing other PIP users to browse. PIP also provides a marketplace where users can buy and sell authenticated NFTs.

PIP Creator token

PIP enables users to issue their own social tokens. PIP users can distribute their tokens via social media platforms and provide their own utilities attached with tokens.

PIP Swap

PIP allows users to swap tokens instantly on social media platforms via DEX or AMM protocol. For example, while a user is browsing Twitter and see a notable token to invest in, he or she can swap it immediately without leaving Twitter.

3. Others (coming soon)

PIP Paywall

PIP allows users to impose a paywall on social media contents. If a user wants to charge people to read his or her writings on Twitter or Medium, PIP paywall can be integrated on the content. PIP generates a paywall button for people to pay and continue reading.

PIP Card

PIP card is for creators who are not familiar with crypto. For content creators who receive coins via their social media account, PIP card will be a good utility as they can directly purchase goods and services without conversion.

Tokenomics

The total supply of PIP is 1,000,000,000 tokens, all minted at once. PIP Tokens will be distributed among 4 main groups. Community Treasury is 690,000,000 PIPs ( 69%) of Total PIP supply. Community treasury will be distributed among 5 groups.

Timeline

Funding Rounds

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Acquisitions

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SBIR/STTR Awards

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Further Resources

Title
Author
Link
Type
Date

Send and Receive Solana on Twitch with PIP

https://www.youtube.com/watch?v=THXsoQIYwkU

Web

January 4, 2022

Send and Receive Solana on Twitter with PIP

https://www.youtube.com/watch?v=6PmWYwCuTo8

Web

January 4, 2022

Send and Receive Solana on Twitter with PIP

https://www.youtube.com/watch?v=OOl6Ol7vglY

Web

January 4, 2022

Send and Receive Solana with Solana tag

https://www.youtube.com/watch?v=ATA-BmhkCrY

Web

January 4, 2022

References

getpip.com
Is a
Organization
Organization
Cryptocurrency
Cryptocurrency
Company
Company
Product
Product

Company attributes

Industry
Digital currency
Digital currency
Blockchain
Blockchain
Cryptocurrency
Cryptocurrency
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Non-fungible token (NFT)
Non-fungible token (NFT)
Location
‌
Solana, Florida
B2X
B2B
B2B
Founder
‌
Umit Akcan
Pitchbook URL
pitchbook.com/profiles...490344-67
Investors
Binance Labs
Binance Labs
Coinbase Ventures
Coinbase Ventures
Galaxy Digital
Galaxy Digital
Alameda Research
Alameda Research
CMS Holdings
CMS Holdings
Email Address
hello@getpip.com
Business Model
Licensing
Commerce
Stock Symbol
PIP
CTO
Hank Park
Hank Park

Cryptocurrency attributes

Ticker Symbol
PIP
Block Explorer URL
explorer.solana.com/addre...MoBjLw

Other attributes

Cryptocurrency Symbol
PIP
Medium URL
medium.com/@getpip
Company Operating Status
Active
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Company
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