Flexa is a digital payment solution that promises to be a global leader in blockchain payments by offering the fastest, most fraud-proof payment network worldwide that enables instantaneous crypto payments in stores and online. Unlike traditional payment processors, Flexa does not require merchants to spend cash on any new hardware since their ‘flexable’ integration options are compatible with a full array of merchant hardware and software already available. Flexa is powered by ERC-20 token Amp, which serves as a collateral that allows customers to purchase goods or services in various digital assets without waiting for the transaction to be confirmed on the blockchain.
Amp: The ERC-20 Token Revolutionizing Crypto Payments
Cryptocurrency has come a long way in a short time, evolving from a niche concept into a globally recognized asset class. However, one of the biggest challenges cryptocurrency faces is its lack of widespread acceptance as a means of payment. Enter Amp, the ERC-20 token that could be the solution to this problem, thanks to its partnership with a revolutionary payment platform called Flexa.
Flexa was founded in 2018 by a team of brilliant minds, headed by CEO Tyler Spalding, who is a rocket scientist. Their mission was to create a future where merchants could accept crypto natively without any intermediary third parties, offering a fraud-proof, hyperfast payment system that eliminates the wasteful transaction fees faced by consumers and merchants alike.
Flexa’s integration options are compatible with a full array of merchant hardware and software, connecting directly to the existing payments infrastructure through a wide variety of processors, middleware providers, and cloud POS. The end result is that merchants can accept crypto payments directly through the Flexa network and receive instant settlement in their preferred fiat of their choosing, making it a one-stop-shop solution to all digital payments.
Amp is the native token co-developed by Flexa and ConsenSys that gives the network its mighty gigawatt power. It is the first and only token to serve as a crowdsourced collateral, acting as a digital placeholder that allows customers to purchase goods or services in a wide array of digital assets without having to wait for the transaction to be confirmed on the blockchain.
Amp is asset-agnostic, meaning that it boasts a feature set universally compatible with any form of value transfer, thereby facilitating instant irreversible transactions for any kind of asset. When users stake their Amp on the Flexa-enabled app, they contribute to a collateral pool, earning rewards with a small percentage of every processed transaction. By virtue of staking Amp, any form of value exchange can be guaranteed, going way beyond crypto all the way to digital payments, fiat currency exchange, loan distributions, property sales, and more.
Amp’s potential application is unlimited, and it has already onboarded major players such as ConsenSys, Tyler and Cameron Winklevoss, Coinbase, Bittrex, and Poloniex. Amp has also been listed on DeFi players such as UNI and SUSHI.
In conclusion, Amp is a game-changer in the world of crypto payments. Its partnership with Flexa and its numerous features and applications make it a token worth watching. It’s no surprise that many expect Amp to send shockwaves through the global payments industry. So, get ready for the revolution and start staking your Amp today!