PayLink routes creator fees from Pons tokens into a PayPal or Venmo balance.
That balance does not have to be yours: a coin can be launched on someone else's behalf and they are paid without ever holding a wallet.
It deploys no smart contracts of its own and uses no payment processor, combining four things that already exist: the Pons fee escrow, the Across bridge, a Curve pool, and the fact that PayPal accepts its own stablecoin from any wallet.
Link offers a new way to onboard creators in a simple way via Paypal or Venmo.
No need to claim fees or explain complicated crypto procedures, just direct fees to their account
Paylink isn't just for one person
Aim a coin at a shared PayPal for a team, a band, a server or a group chat. Everything it earns goes to one place everybody already trusts.
For those wondering how it works:
Pons launches the tokens on Robinhood Chain. PayLink claims the creator fees and pays them into a PayPal or Venmo balance as PYUSD, with the transaction for every payout published.
Pay yourself, or a friend, in their PayPal
Launch a coin on Pons and point its fees at any PayPal or Venmo.
Every trade pays real dollars into that account. The person getting paid needs no wallet, no sign-up.
See how it works at https://t.co/ZkVz7xbHyB