Dear PayBolt community, sorry for the long hiatus, I am sure you all have questions — and I will do my best to provide the answers below.
What is PayBolt AI
PayBolt AI is a revolutionary digital payment platform designed to replace traditional fiat payment systems in both online and offline commerce with secure, efficient, and AI-powered cryptocurrency transactions.
We aim to be simpler, faster, and cheaper to use than traditional payment rails, eventually replacing them.
Why AI?
Just like in all aspects of fintech, AI is playing a huge role in improving payments:
- Fraud detection
- Data Intelligence
- Personalized finance
- AI escrow
What happened to PayBolt?
We are still PayBolt! We have just updated to leverage AI to make crypto payments faster, more secure, and even more rewarding!
No, I mean what really happened to PayBolt?!
We raised a lot of money and used that money to build a great team, achieved over 55k holders, created many joint ventures with reputable partners, built 2 great mobile apps
PayBolt Crypto
https://play.google.com/store/apps/details?id=com.fincrypt.paybolt&hl=en_ZA&gl=US
PayBolt Businesshttps://play.google.com/store/apps/details?id=com.fincrypt.payboltmerchant&hl=en&gl=US
Unfortunately, the inevitable crypto winter came at the worst time, just as we were close to securing funding from venture funds, it all caved in.
We thought about starting a new project, but in the end, we thought we owed it to the loyal PayBolt community to restart and try to revive the $PAY holder’s value.
What’s going to be different this time?
As the old saying goes -we ran before we learnt to walk.
Reshaping the trillion-dollar existing payment rails is harder than we anticipated.
So this time around we are battle-hardened, going to be more prudent with our budget, more focused, and yet more determined than ever!
Instead of focusing on multiple products and business strategies, and risk spread our resources too thin, we are going to focus on crypto payment for users only!
The plan is to make it as easy. No, EASIER to pay with crypto than using traditional payments, making mass adoption evitable!
What about my existing $PAY tokens?
Don’t sweat it — it's all there and will be migrated 1:1 when we relaunch on…BASE!
Why Base?
It's fast, it’s cheap, and it's backed by Coinbase so you know it will be around as long as crypto is around.
PayBolt AI company ethos?
To replace the incumbent you can’t just be as good as them, you have to be better than them!
Therefore our company ethos is:
Make crypto payments easier than fiat payments.
How to get involved?
Presale details to come in the coming days, in the meantime — join the conversation in our official telegram chat group and follow us on X.