Last night we sold out our collection of 10,000 Helions NFTs on Magic Eden. We are the #1 ranked NFT by trading volume on the top Solana NFT market places over the last 16 hours with +25K SOL, or nearly $1M in sales.
We’d like to thank everyone who managed to purchase a Helions NFT for joining our mission (accelerate the adoption of Web3 payments & drive the cost of online payments to zero). In the US alone, merchants hand over $138B in transaction fees each year. The future of merchant payments based on blockchain technology will eliminate this giant waste of money. And together, we will deliver this future⚡️
Let’s recap, what’s the purpose of the Helions NFT project?
- The NFT is a subscription to HelioX, the pro version of Helio. Our merchant customers can simply buy the NFT to benefit from all of our advanced payment features such as APIs, plug-ins AND 0% Tx fees on all crypto payments processed with Helio
- Generate quarterly credit rewards for our holders (7.5% credit on fees & royalties);
- Bring together a community of high quality Web3 builders & users that innovate at the cutting edge of the Solana & broader web3 ecosystem
So what’s next?
We’d like to emphasise that launching the NFT is merely the beginning of a ton of hard work that lies ahead to deliver on our mission. Last week we rolled out the first version of HelioX to Solana main-net — learn more here.
Our priorities now are as follows:
- Turn on Tx fees: over the next month we’ll roll out a new version of the Helio Smart Contract that charges fees on all non-HelioX payments. We will also roll out “price-converted” and “token-swapped” payments and introduce associated fees later this quarter
- Enable gating to HelioX: currently anyone can log-in to HelioX for free. We’ll roll out a change that will gate access to HelioX based on: 1) hold a Helions NFT in your wallet to unlock the HelioX features; or 2) pay a monthly fee of 2 SOL to subscribe
- Feature development: we’re close to delivering the remaining HelioX features including the Shopify integration, invoicing and advanced payment options. These will drop into the dashboard over the next few weeks & months. We will then move on to tackle the next major roadmap items including X-chain building & creator payments/monetisation tools
- Platform scaling: while Adam, Harry, Slice, Wilkens, Molli, Nikolay, Ptgyt, Rocky and Cypherj were focused on the Helions launch over the last 6 weeks, our product & engineering teams namely M, M, I, I, M, S & Z worked on a critical backend project that has effectively increased our ability to scale by a factor of 1000x, as well as increase the efficacy of our transaction service (i.e. reduce loss-rate to <0.001%). On a busy day we see ~1k tx on the Helio platform. Our platform will be ready to handle 1M which is our trajectory over the next 12 months
- Partnerships: the direct path to success for Helio & the Helions community is simple: onboard as many customers onto our payments platform as possible. We’ve been working behind the scenes on some exciting customer partnerships that can meaningfully impact the transaction volume & value. We’ll share some of these with you as they go live in the coming weeks. Part of our mission to accelerate Web3 payments is making it easy for “normies” to accept crypto payments with Helio. Therefore we also actively target Web2 companies and platforms
Finally, every Helion can play their part by acting as an ambassador for the Helio payments platform. Spread the word and let people know Helio is the only game in town when it comes to Web3 payments!!
LFG for real now 🚀
Join our growing community:
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Helio — The Web3 payments API ⚡️ — hel.io
