Paysenger: An Extensive Guide

Paysenger brings forward a next-generation social network representing a paid communication service designed to monetize attention.

The main goal is to allow scientists, experts, influencers, and other people who are capable of drawing attention to their work, thoughts, and overall experience to get paid by responding to users’ requests.

It’s also intended to bridge regular people with more popular figures with influence in various domains and to make it easy for them to interact with each other. For instance, a user can pay a commission to engage in a chat with a renowned scientist.

Developers also plan to add an internal marketplace for non-fungible tokens to the Paysenger platform in the near future. This would allow users to convert answers from experts and mint them as NFTs and potentially sell them to other users.

Paysenger was named the “Best ICO 2022” at the Crypto Expo in Dubai in 2022. In this guide, we take a closer look at how to use Paysenger, as well as its upcoming native token – EGO. The EGO token presale is scheduled for April 4th, and it will take place on Tokensoft. Users must sign up before April 4th to participate.

How to Use Paysenger?

As soon as you land on the official website, you can begin the registration process, which takes no more than a few seconds.

You need to provide the following details:

This is literally all you have to do. Using a nickname is a good idea if you’re known for some pseudonym, but using your first and last names makes it easier for users to find you on the platform.

Keep in mind that Paysenger’s messaging platform is still in beta, and the team anticipates to be releasing more enticing features soon.

For now, you can interact with other people who are already on the platform. This is what the navigation menu looks like:

From here, you can discover new people, see who has requested to message you, as well as see your current messages.

For the purpose of this guide, let’s see how to interact with someone. As soon as you click on Discover, you will see the main menu on the left:From here, you can search for people across various categories or select someone directly. Once you have chosen the person you’d like to message, you should click on their profile to see all of their available information:

This is the person who we chose completely at random, and this is what their profile looks like:

You can see their followers, read some reviews, and overall ratings. Also, you can decided whether you want to chat or request a video response depending on your needs and the price that the user has set for these services.

Once you click on Chat message, this is the window that will pop:

You need to type in your message and determine how much you want to bid for a response. As soon as you’re done, you can scroll down and hit the approval button. That’s pretty much it – from here, all you have to do is wait for the response.

How to Set Up Personal Contact Costs?

If you are someone who gets a lot of attention and you wish to monetize that because you believe people value your time and input, you can also set up your profile to charge for messages or video responses.

To do so, you should click on your profile on the top right corner of the navigation menu and select Settings. From there, you will see the following menu, which allows you to customize your profile entirely:

The EGO Token Underpinning Paysenger’s Ecosystem

Underpinning the entire Paysenger ecosystem is the EGO token. It is scheduled to go into a First Come, First Serve sale on April 6th at 14:00 UTC and to end on April 8th at 23:59 UTC. The minimum purchase is set to $250, whereas the maximum is set to $1500. The first round is open from April 4th and the second – from April 6th. Users have until April 3rd to complete the KYC.

With this in mind, it’s worth noting that the protocol has an internal buy-back mechanism and service revenue sharing model that is designed to distribute a portion of the platform’s earnings amongst EGO holders.

According to the team, 2.5% of all the commissions and revenues go towards the redemption of tokens, whereas 100% of the commissions for minting NFTs go towards burning tokens.

In addition, upon launch, EGO will also be integrated within the platform for users to take advantage of and pay for attention, trade, and mint NFTs. They will also be able to access VIP status and a range of other features that the team is working on.

Conclusion

Paysenger appears to be attempting to fill a market niche that’s heavily discussed – decentralized social media. Through a platform that allows users to monetize the attention they are able to collect onto themselves, it brings a product that resides in a niche that’s not yet overcrowded.

You can find more information about it on the official Paysenger website, where you can also register and start using the beta.