Skip to content
TOKENPAY by Droplinked

TOKENPAY by Droplinked

Day 0 utility for any minted token to streamline payments on goods or services with a token payment gateway supporting onchain commerce.

Created on 11th June 2024

•

TOKENPAY by Droplinked

TOKENPAY by Droplinked

Day 0 utility for any minted token to streamline payments on goods or services with a token payment gateway supporting onchain commerce.

The problem TOKENPAY by Droplinked solves

Tokenpay provides creators, entrepreneurs and businesses with true utility on day 0 for any minted token. The gateway mechanism drives growth and adoption for any token minted atop of Base. The innovation supports commerce and incentives programs that work alongside NFT infrastructure to enable product gating, discounts and more.

The project was inspired by LATAM musicians we met from the Base community in order to support these artists and fans with the ability to create customizable loyalty programs, affiliate tracking and rewards for communities and customers for both web2 and web3 audiences. The long term intention is to foster community support through a rewards system that boosts adoption and engagement onchain.

Tokenpay gives any token issuer and holders the ability to use minted digital assets as a seamless payment mechanism within a versatile checkout gateway. It works inside a full framework of no-code and low-code tools that function across the droplinked onchain commerce stack along with being compatible with any website/app using embeddable product tiles units. Tokenpay alongside products recorded onchain provides full transparency and onchain attribution when it comes to inventory management and sales tracking for first and ongoing sales.

Unlocking the potential behind token powered commerce:

  • Tokenpay used with droplinked bridges the gap between digital assets and real-world utility whether visitors want to use traditional payment means alongside crypto.
  • Creating transparent trust in every transaction using blockchain's inherent security and transparency for both merchants and customers.
  • Elevate community engagement by enabling token-based transactions for a variety of goods or services.

Challenges I ran into

The challenge we faced with implementing the smart wallet was that browsers, by default, block popups unless they are opened by an additional button click.

When implementing sophisticated functionality that requires the wallet to open in multiple steps, it becomes an issue because the smart wallet operates as a popup. The browser only recognizes the first instance resulting with an additional button click. Subsequent attempts to open the wallet during the payment process get blocked making for not an ideal UX UI for the end user.

To solve this, we implemented a check at the beginning to see if the user has blocked pop ups for our website. When enabled, we prompt them to go to their page settings and allow for pop ups on the site to have the smoothest experience.

Tracks Applied (4)

Coinbase Smart Wallet

The Coinbase Smart Wallet made it frictionless to allow for direct token acceptance as payment back to a parent merchant...Read More

Coinbase Onchain Verifications

We would use verification to check for particular digital assets owned or interacted with in order to allow gated access...Read More

Paymaster and Bundler

Crypto payout USDC offramping The tokenpay gateway provides the ability to off-ramp the real-time value of the token b...Read More

Commerce Track

*Enabling end to end on-chain commerce to bridge web2 functionality with web3 efficiency. * The tokenpay gateway provid...Read More

COMMERCE with Shopify

Cheer Project

Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.

Discussion

Builders also viewed

See more projects on Devfolio