1/📣Breaking News: @PayPal USD (PYUSD) is live on Solana!
PayPal USD stablecoin issued by @Paxos will leverage Solana and token extensions to serve over 30m+ merchants, empowering users with fast and secure stablecoin transactions.
The team just held a discord stages and discussed Decentralized.
Here is the recap:
➤ Decentralized is a separate venture for CyberKongz, with members from the CyberKongz team working on it. Elements from the CyberKongz ecosystem will not impact Decentralized, and vice versa.
➤ A group of advisors have been onboarded to the Decentralized team. They are some of the most well-versed and well-connected individuals in the Bitcoin space and will help with the navigation for Decentralized.
➤ The Decentralized team has begun to scale. More information to come soon.
Short-Term:
➤ The foundation is currently being built for Decentralized with 1) making it as accessible as possible and, 2) building and forging the Decentralized community to be as powerful as possible for the next steps.
➤ Something major is coming in June. This is referred to as 'give the people what they want.' It is being worked on thoroughly in the background and we want to be the first to do something with a Rune... More information to follow.
➤ Expect more content and increased sharing of the Decentralized story soon.
Long-Term:
➤ Decentralized is NOT an NFT utility token.
➤ Decentralized is an encompassment of Bitcoin culture and provenance. It is a Rune that exists with the intention for individuals to feel like they own a piece of history and a symbolization of the Rune protocol development.
➤ The user experience on Bitcoin is extremely different to other chains and much more difficult to navigate. While this can be seen as an issue currently; it is actually a massive opportunity - for both users and builders. There is a lack of Decentralized applications, protocols, launchpads, and more, which highlights room for innovation.
We are also planning to do more consistent Decentralized spaces.
Stay tuned for that and much more.