FrogPay is a much-appraised project that has been in a lot of hype lately. The project is backed by a visionary team who are inherent problem solvers and have made contributions to some highly successful projects in the industry. Their latest venture, Frogpay solves one of the most fundamental issues linked to blockchain payments.
Blockchain payments as they have been known till day were irreversible and this causes major issues in some cases. This has led to an increasing fear of scammers and wrong payments in users across the globe and has created a stigma that is hindering the mainstream adoption of the technology.
Frogpay’s technology allows chargeback (refund) due to their innovative JDM Governance system eliminates the risk of losing money and being scammed. The overall mechanism creates a self-sustainable ecosystem that will benefit the community in the long run.
Firstly, any payment through their technology will be reversible eliminating the chance of losing funds and being scammed. Secondly, community members can earn passive income through their judge2earn mechanism. And most importantly, the profit-sharing mechanism between the team and the investors.
The team confirmed that they are here for the long run and their revenue model is totally sustainable where they charge a 3% transaction fee to users for making secured payments. This helps eliminate the chance of any rug pulls or selling pressure from the team in the future, making their ecosystem a safe investment opportunity.
Currently, their major use case lies in the P2P payments and metaverse industry but soon they will expand their product to better serve the e-commerce and retail industry as well. The roadmap as presented by the team is very promising and the team is working dedicatedly to bring it to reality.
For more details and regular updates, you can tune in to their socials. The links are as follows:
Twitter: https://twitter.com/Frogpay1
Telegram: https://t.me/FrogPayGroup
