Blazpay’s Strategic Move to Implement Taiko.
Blazpay, a leading end-to-end crypto financial service provider, is strategically venturing into the domain of crypto financial solutions through the introduction of Entrypass on the Taiko. Those possessing the Taiko Entrypass will enjoy the exclusive benefit of accessing upcoming beta versions of Blazpay, along with the chance to accrue Blazpoints.
Taiko is a fully decentralized Ethereum-equivalent ZK-Rollup, aiming to scale Ethereum while adhering to principles of security, permissionlessness, and decentralization. As a Type 1 ZK-EVM, it emphasizes Ethereum-equivalence, allowing seamless compatibility with existing dApps and developers. The technical structure comprises ZK-EVM circuits, Layer 2 rollup nodes, and a protocol on L1 for integration.
The key differentiator is Taiko’s high-level compatibility, enabling deployment of Ethereum dApps without modifications. This focus on compatibility sets Taiko apart in the ZK-EVM market. The three main components work together to ensure compatibility, saving developers time and effort.
Utilizing ZK-Rollup technology, Taiko improves transaction throughput and reduces fees, making it an attractive option for developers and users seeking scalability. The commitment to security and decentralization is evident in its plan for a fully decentralized proposer and prover set. Taiko is open-sourced on GitHub, prioritizing the MIT license for compatibility, transparency, and inclusivity.
The roadmap includes a transition toward a fully decentralized governance structure through the Taiko DAO. Taiko’s commitment to Ethereum’s core values, combined with its technical advancements, positions it as a promising solution for the future growth of the blockchain ecosystem.
Benefits of TAIKO ENTRYPASS and MINT-STAKE Taiko x Blazpay NFT
Holders of the Taiko Entrypass will have exclusive privileges to explore Blazpay’s beta features, utilizing the advanced capabilities of Taiko Functionality . These features include interoperable chain swaps, NFT minting across diverse chains, multi-chain monetary transactions, solutions for entering and exiting positions, payment processing systems, web3 domain transfers across chains, and the comprehensive Super App. Owning a Taiko Entrypass in your wallet grants you access to these services, not only allowing participation in innovative activities but also unlocking potential rewards within our ecosystem. Additionally, the pass provides entry to our Premium Dashboard , an exclusive space reserved for pass holders, offering task management, accumulation of blazpoints, and access to various financial instruments.
Furthermore, BlazPay is collaborating with Taiko to enhance user capabilities and features for blockchain-based financial transactions. This integration increases efficiency and provides opportunities to access both decentralized and centralized financial services.
In essence, possessing a Taiko Entrypass is crucial for unlocking the advanced functionalities of our MainNet, enabling you to perform a wide range of tasks within our system. By maintaining your access pass, you can leverage the potential of our MainNet, participating in cross-chain swaps, creating NFTs on various chains, conducting currency transactions, transferring web3 domains, and more.
Upon acquiring the Taiko Entry Pass and staking it via the dashboard, users can unlock additional benefits. They receive rewards for the duration they stake their pass, with incentives increasing the longer the staking period. These rewards extend beyond mere acquisition of Blaztokens, encompassing Galxe points from Taiko. These Galxe points hold future potential as they are slated to be convertible into rewards by the Taiko team.
Detailed Note:
When users obtain the Taiko Entry Pass and engage in staking it through the designated dashboard interface, they gain access to a suite of supplementary advantages. Central to this is the reward system, wherein users accrue incentives commensurate with the duration they choose to stake their pass. This mechanism incentivizes prolonged engagement, as users stand to garner progressively higher rewards the longer they maintain their staked position.
The rewards structure is multifaceted, extending beyond the acquisition of blaztokens. In addition to Blaztokens, users also accumulate Galxe points, a unique feature of the Taiko platform. These Galxe points, while currently intangible in terms of direct utility, hold considerable promise for the future. Taiko’s development roadmap includes plans to enable the conversion of Galxe points into tangible rewards, facilitated by the Taiko team.
This dual-tiered reward system not only incentivizes active participation and engagement within the Taiko ecosystem but also fosters a sense of long-term commitment among users. By offering rewards that extend beyond immediate gains and into future potential, Taiko aims to cultivate a loyal and invested user base, further solidifying its position within the burgeoning landscape of blockchain-based platforms.
Guide:
Step-1:Visit https://faucetlink.to/ to claim faucets
-Enter your address and claim holesky.
Step-2: https://bridge.katla.taiko.xyz/
Bridge Holesky to Taiko
Note: KEEP BOTH HOLESKY AND KATLA HANDY
Step-3: Claim your Taiko Entrypass through LINK: https://blazpay.com/entry-pass/taiko by clicking on Get it now.
Step-4: Visit https://taiko.blazpay.com/ connect wallet then press Mint now and then click on Stake now to Stake Taiko x Blazpay NFT
Congratulations Now you have successfully minted Taiko EntryPass and Staked Taiko x Blazpay NFT
TAIKO ON BLAZPAY SWAP
link: https://swap.blazpay.com/
Blazpay has recently incorporated Taiko into its efficient and safe swapping platform, enabling users to seamlessly engage in swaps while also providing an opportunity to participate in the Taiko testnet, thereby enhancing user experience and testing new features in a controlled environment.
Blazpay x Taiko Spin and jackpot
The dashboard intends to make things fun by adding certain games which the user can play and earn points .
Jackpot
The dashboard intends to make things fun by adding certain games which the user can play and earn points .
jackpot -
The user would require to click on roll at the bottom to play the jackpot , user will have 10 rolls in a day to earn rewards . After playing the user would require to click submit rolls to do the on-chain transaction for approval .
Spin
Spin —
The user would require to click spin on the bottom to play the spin & WIN game . The user would get 10 spins in a day to earn points and will have to submit their spins by clicking the submit button and approving the on chain transaction.
Please note — Please do not leave the page without submitting your transactions as this could result in loss of rewards .
Blazpay x Taiko QA
One of the main highlights of dashboard would be Taiko related questions, which would be available for the users to test their knowledge regarding the network and earn points while answering them
Step — The user would select a option that he thinks is correct and click Next question on the right side of screen to answer the following questions . Once all the answers have been selected the user would require to Submit by clicking it on the right side to confirm the transaction.
About Blazpay
Transitioning to BlazPay, at an advanced stage, this financial platform holds the promise to redefine the global economy with its transformative capabilities. Through its user-friendly and secure system, BlazPay stands to simplify transactions, lower fees, champion financial inclusivity, enable cross-border transactions, and open up fresh investment prospects. As the world increasingly embraces cryptocurrencies, comprehensive financial solution provider like BlazPay take on a pivotal role in shaping the future of finance. Thus with and intent to become integral components of the evolving financial landscape, presenting unprecedented opportunities and paving the path for the widespread adoption of digital assets. With BlazPay leading the charge, the potential for economic transformation is substantial, ushering in a new era of global financial empowerment and innovation.
Blazpay is a cutting-edge cryptocurrency platform that serves as a comprehensive financial hub for users, offering a wide array of financial services associated with cryptocurrencies. The platform integrates a payment gateway, a secure wallet, swap functionality, domain payments, and a dedicated solution for managing, buying, and selling non-fungible tokens (NFTs) directly using fiat currencies.
In the dynamic world of cryptocurrencies, one platform has emerged as a game-changer, providing an all-inclusive financial solution for the crypto-savvy and newcomers alike. Blazpay is at the forefront of this evolution, offering a suite of features designed to simplify cryptocurrency transactions, bolster security, and expand accessibility. In this article, we will explore what Blazpay is, its significance, and its standout features, including payment gateways, wallets, swaps, domain payments, NFT solutions, and advanced security measures.
