Recently, with Twitter being acquired and rebranded as X.com, there has been a lot of discussion about fast, free to use payment integrations that would combine the concepts of identity (DID) and fiat currency (USD). XPR is well suited to provide this technology and also has DAO functionality to make a proposal to make X.com more attractive and integrate. If this proposal is passed, 1 billion XPR will be awarded to X.com and Elon Musk, conditional on X.com choosing to integrate XPR and use it to enhance the payment and crypto trading experience.
Many people familiar with the XPR network are proud of its efficient transactions and seamless lending and trading experience. Since there is no concept of gas fees and MEV (miner extractable value), it can be said to be the perfect on-chain solution for a social network of the scale of X. In addition, with the launch of XPRo, many advanced features can also be provided, such as loyalty provided by NFT, real-time rewards for streaming creators in the currency of your choice (such as DOGE, BTC, XPR, USD, etc.), and others.
If XPR is granted to X.com, potential uses could include:
Gift XPR to all users on the platform based on their participation;
Pay creators rewards;
Create XPRo DAO to vote on how XPR is used;
Pay resource fees for users on the platform.
Please note that if this proposal passes, X.com will need to opt-in to integrate XPR before 1 billion XPR is awarded to X.com. Additionally, to mint any XPR, not only will X.com accept it, but it will also require alliance approval and approval from 15/21 active block producers.
Voting address:
https://protongov.com/communities/6/proposals/64def94480112b22d586a35e
Disclaimer: This article only represents the personal views of the original author, and no part is intended to be, nor should it be considered, investment advice.
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