Animoca Brands’ Bold Move into Web3 Payments
Animoca Brands, a global leader in branded blockchain gaming, has made a strategic move into the Web3 payments landscape. The company has invested a whopping $30 million into hi, a Web3 payments application. This investment marks a significant step for Animoca Brands in expanding its influence in the blockchain and cryptocurrency space.
Unveiling Hi: The Web3 Payments Application
Hi is a revolutionary Web3 payments application that aims to redefine the way we perceive digital payments. It leverages blockchain technology to offer a secure, efficient, and transparent platform for transactions. The application is designed to work seamlessly with traditional banking systems, offering users the convenience of debit cards issued by Mastercard. This integration allows users to enjoy the benefits of digital currencies while maintaining the familiarity and ease of conventional banking.
The Power of Partnership: Hi and Animoca Brands
The partnership between hi and Animoca Brands is a testament to the potential of blockchain technology in transforming various industries. Animoca Brands’ investment will be used to support the development and expansion of hi’s services, including the integration of non-fungible tokens (NFTs) into the platform. This move will allow users to enjoy the benefits of NFTs, such as unique digital ownership and the potential for value appreciation.
Hi’s Unique Approach: Proof of Human Identity
One of the unique features of hi is its Proof of Human Identity (POHI) protocol. This protocol is designed to ensure that each account on the platform is linked to a unique human user, preventing bots and fraudulent activities. The POHI protocol is similar to the Worldcoin project’s approach, which uses iris scanning to verify users’ identities.
The Future of Hi: Expansion and Growth Prospects
With the support of Animoca Brands, hi is poised for significant growth and expansion. The application plans to launch its mainnet on the Ethereum Virtual Machine (EVM), further solidifying its position in the Web3 ecosystem. As more people embrace digital currencies and blockchain technology, hi’s user-friendly and secure platform is set to become a major player in the digital payments landscape.
The future of digital payments is here, and it’s called hi. With the backing of Animoca Brands and its innovative features, hi is set to revolutionize the way we transact in the digital world. For more discussions on Animoca Brands, hi, and other cryptocurrency topics, visit our news section. Learn more about Animoca Brands on their official website.
