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🚀 Wirex Pay & the future of crypto cards

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Mon, Aug 12, 2024 12:01 PM

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Get ready to revolutionize your finances Wirex Pay – It’s more than just a node sale Wirex

Get ready to revolutionize your finances [wirex logo] Wirex Pay – It’s more than just a node sale Wirex Pay is more than just a product – it's a movement toward a decentralized future. With over 21,000 nodes already sold and more than $6 million raised, the Wirex Pay node sale is your gateway to a dynamic ecosystem that offers financial rewards, governance power, and a stake in the future of digital payments. Let's dive into the realm of Wirex Pay: Full control over your funds: With Wirex Pay’s 3rd generation non-custodial card, you’ll have full control over your assets. Your private keys mean you’re in charge. Set your spending limits, manage your funds, and transact in real-time, all without compromising on security. Seamless integration with Visa: Wirex Pay isn’t just about crypto – it’s about integrating blockchain with traditional finance. Our partnership with Visa brings the best of both worlds, offering you the trust and reliability of Visa’s payment network with the innovation of Wirex’s technology. With Visa’s support, Wirex Pay is set to expand globally, bringing innovative payment solutions to more users. As Sviatoslav Garal, Global Head of Payments at Wirex, puts it: "Wirex’s partnership with Visa emphasizes our pioneering role in the financial industry. Together, we’re bridging the gap between Web3 and traditional finance, ensuring smooth and efficient transactions for users worldwide. Zero Knowledge payment chain: Wirex Pay’s modular Zero Knowledge (ZK) payment chain simplifies transactions like never before. Whether you're dealing with crypto or traditional currency, Wirex Pay ensures a smooth and efficient experience, bridging the gap between blockchain technology and everyday spending. [Purchase a node](   The evolution of crypto cards The world of crypto has seen tremendous innovation, especially in the way we manage and spend our digital assets. Over the years, crypto debit cards have evolved from basic prepaid options to sophisticated, non-custodial solutions. And now, Wirex Pay is at the forefront of this evolution, leading us into the 3rd generation of crypto cards. 1st Generation: Reloadable Prepaid Cards In the beginning, crypto debit cards were simple reloadable prepaid cards. These cards converted your crypto to fiat and allowed you to spend it just like any other card. While convenient, they required trust in a central entity to manage your funds. 2nd Generation: Wallet-Linked Debit Cards The second generation brought more flexibility. These cards linked directly to your crypto wallet, offering real-time conversion and spending. While they provided greater control, some level of custodial risk remained. 3rd Generation: Non-Custodial Cards – Powered by Wirex Pay Now, the game has changed with the introduction of non-custodial cards. Wirex Pay’s revolutionary 3rd generation cards allow you to retain full control over your funds using Account Abstraction (AA) technology. No more relying on third parties – your private keys, your control. This innovation combines the convenience of traditional payment systems with the security and autonomy of blockchain technology. [Discover more](   Wirex Pay Tokenomics & DAO Wirex Pay isn’t just another payment platform – it’s a fully decentralized network driven by the WPAY token and governed by the Wirex Pay DAO. Here’s how it works: Wirex Pay DAO: A community-driven future: After the Token Generation Event (TGE), Wirex Pay will be governed by a Decentralized Autonomous Organization (DAO), where power is distributed among token holders. As a participant, you can propose and vote on crucial decisions, with every action recorded on the blockchain for complete transparency. This ensures that the network evolves in a way that benefits its users – and you’re at the centre of it all. WPAY Tokenomics: Rewards and beyond: The WPAY token is central to the Wirex Pay ecosystem, with a fixed supply of 10 billion tokens. Node operators are vital to the network’s success, receiving 20% of the WPAY supply and up to 40% of the network’s revenue share. Staking WPAY tokens increases your rewards and voting power, giving you a greater influence on the network’s future. This structure is designed to drive participation, reward commitment, and ensure the network’s decentralization. [Purchase a node](   WXT and WPAY – Two powerful tokens, one integrated ecosystem Wirex's ecosystem is powered by two unique tokens: WXT and WPAY. While each token serves a distinct purpose, together they create a powerful synergy that enhances your experience within the Wirex and Wirex Pay platforms. WXT (Wirex Ecosystem Token) Purpose: WXT is the utility token for the broader Wirex ecosystem. Benefits: Using WXT allows you to enjoy fee discounts, earn rewards like Cryptoback™ on your purchases, and access premium features within the Wirex app. WPAY (Wirex Pay Governance Token) Purpose: WPAY is the governance token for the Wirex Pay decentralized payment network. Benefits: WPAY empowers you to participate in the Wirex Pay DAO, stake tokens for increased rewards, and operate nodes within the network. It’s central to the decision-making and operational functionality of Wirex Pay. The Synergy Between WXT and WPAY: While Wirex and Wirex Pay operate within distinct ecosystems, they offer significant cross-promotional benefits. As a Wirex user, you can leverage WXT for practical benefits like lower fees and rewards within the Wirex app. At the same time, you can participate in the decentralized governance of Wirex Pay with WPAY, influencing network decisions and earning staking rewards. This synergy creates a comprehensive, interconnected ecosystem that offers enhanced value and utility across both platforms. [Read more](   What’s next? The Wirex Pay roadmap Wirex Pay is on a mission to revolutionize the way we handle digital and traditional currencies. Here’s a glimpse of what’s coming: Mainnet launch and dApp availability: Wirex Pay’s mainnet launch is planned to launch soon. This will open new opportunities for integration partners and users alike. $WPAY TGE and node rewards: Node operators will start earning rewards as soon as they stake their NFT license or run their node. Additionally, WPAY will be listed on tier-1 exchanges, further increasing its accessibility and value. More info on this is coming very soon. Wirex Pay is more than just a payment solution – it’s a movement towards a decentralized, community-driven future. With robust tokenomics, innovative non-custodial cards, and the power of the Wirex Pay DAO, you have the opportunity to be at the forefront of this. Whether you’re looking to secure a node, participate in governance, or simply explore the next generation of crypto cards, Wirex Pay offers something for everyone. [Get started now](   [facebook]( [twitter]( [comunity]( [medium]( [medium]( © 2015–2024 wirexapp.com, All Rights Reserved. Availability of the Wirex services and Wirex entity you receive services from depends on your location. Your location and Wirex entity providing services may affect your rights and protections; therefore, please read the terms and conditions that apply to you carefully. If you have questions regarding the Wirex entity you receive services from, please reach out to us via the in-app chat in the Wirex app. Wirex Limited whose registered office is 9th Floor 107 Cheapside, London, United Kingdom, EC2V 6DN is authorised by the Financial Conduct Authority (FRN: 902025) under the Electronic Money Regulations 2017 for issuing electronic money and providing payment services. UAB Wirex whose registered office is Perkūnkiemio g. 13 – 91, Vilnius, Lithuania provides fiat currency services through its partners with regulatory approvals. However, no deposit insurance or protection schemes apply to services provided by UAB Wirex. Wirex Pte Ltd (CRN 201731976E) whose registered office is 36 Robinson Road, #02-106, Singapore 068877 is subject to the Payments Services Act 2019 and is currently operating under an exemption while its application is being reviewed by the Monetary Authority of Singapore. Wirex Digital Services S.r.l., whose registered office is in via Larga 15, Milan, Italy, registered as a Virtual Asset Service Provider (VASP) at the no. PSV108, of the register kept by the OAM (Organismo Agenti e Mediatori) provides crypto asset services. Wirex USA Inc. (CRN 6805163), whose registered office is 8 The Green, Ste A, Dover, Delaware, 19901, provides services through its partners with regulatory approvals. Wirex’s cryptoasset services are not regulated by FCA, Bank of Lithuania or Dutch National Bank. Due to the potential volatility of the cryptoasset markets, the value of your assets may fall significantly and lead to a total loss, and you should invest at your own risk. Tax may be payable on profits. You may be unable to access Financial Ombudsman Scheme or other regulated complaint procedures for your complaints arising from Wirex’s cryptoasset services. You access Wirex’s cryptoasset services on your own initiative and without solicitation from any other Wirex entity. [Unsubscribe](

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