In recent years, there has been a significant and consistent trend in the development of the creators’ market. Several noteworthy projects in web2, such as Patreon and Cameo, have emerged, each valued at billions of dollars. These platforms have gained widespread recognition, contributing to the unprecedented popularity of digital art. In fact, in 2022, collectors spent twice as much money as the previous year, indicating the growing interest in this field.
While numerous projects have attempted to leverage creators in web3, they often struggle due to their sole reliance on cryptocurrencies. As a result, their audience remains naturally limited. A project that has successfully embraced both trends is Paysenger.
Paysenger offers an exciting opportunity for creators, experts, and their dedicated audience to engage with one another. The platform provides various avenues for monetization and active subscriber interaction. Creators can generate captivating content, sell posts on the NFT marketplace, engage in paid chats with their fans, and offer exclusive access to premium subscription-based content. The platform operates using its own native token, known as EGO.
What sets Paysenger apart from most SocialFi projects is its successful transition from web2 to web3. This transition allows it to overcome the limitations commonly associated with web3 projects. The founders of Paysenger are driven by their mission to promote the adoption of blockchain technology and introduce cryptocurrency to as many new users as possible. Given the relatively slow mainstream acceptance of cryptocurrencies in recent years, projects like Paysenger play a vital role in driving the industry forward.
Seven Compelling Reasons to Include EGO Token in Your Portfolio in 2023:
- Mainnet Transition and Increased Token Demand: Paysenger, a popular platform for creators, is currently using a test token called tEGO. However, they have announced their upcoming transition to the mainnet. This transition is expected to significantly boost the demand for the EGO token.
- Expansion Plans and Influencer Campaign: In August 2023, Paysenger has ambitious plans to launch a large-scale campaign with new business partners in Europe and the USA. They will collaborate with thousands of influencers who will help spread the word about the product and the EGO token among their followers.
- Support from Prominent Cryptocurrency Institutions: Paysenger has garnered active support from well-known cryptocurrency institutions such as Polygon and ConsenSys, which adds credibility and enhances the prospects of the EGO token.
- Development of Unique Artificial Intelligence: Paysenger’s team has partnered with Dr. Tamay Aykut, a former Stanford professor, to develop their own cutting-edge artificial intelligence. The Paysenger AI will enable creators to monetize their work in their own distinct style using neural networks.
- Founders with Impressive Background: One of the founders of Paysenger, Pavel Maximov, is a serial entrepreneur, who previously founded a 1bln+ valuation payment system. This strong background and industry connections bring valuable expertise and potential growth opportunities to the EGO token.
- Reinventing NFTs: Paysenger introduces a fresh perspective on NFT (Non-Fungible Token) technology, receiving high praise from experts and NFT artists for its vast potential. The platform rewards EGO tokens to the most popular NFTs on a weekly basis, effectively transforming the purchase and ownership of NFTs into a form of staking.
- Large and Active User Base: With over 500,000 users and more than 50,000 creators, Paysenger demonstrates a thriving community adoption. This existing user base provides a strong foundation for the EGO token’s utility and potential future growth.
The upcoming shift to the mainnet and the company’s expansion plans suggest a potential increase in token demand. These developments make the EGO token an enticing investment opportunity.
