WordPress and crypto users are having a good week.Internet enthusiasts who run websites have new toys It allows them to do cool things with crypto donations.
Depay Donations are the first of its kind. This is an open source plugin that allows websites to cryptographically accept P2P donations. However, the advantage of this is that the received cryptocurrency donations can be decentralized into tokens of the recipient’s choice.
Swiss Web3 payment startup DePay says the plugin can be installed for free. “This allows content creators and publishers to accept donations that have no intermediaries and are therefore strong against financial censorship. Site owners interested in receiving crypto donations can install Web3. increase Donation With just a few clicks, you can get your plugins from the official WordPress plugins directory. “
Sebastian Pape is the founder of DePay. “WordPress has shaped the Internet for nearly 20 years. We’re happy that people running WordPress installations will be able to accept Web3 donations as easily as installing plugins. increase.”
WordPress crypto donation
WordPress publishers that accept crypto donations usually follow two different routes.First, you can use a centralized one Cryptographic payment gateway. Using this method, the user must trust the intermediary who receives the donation on behalf of the user. This contradicts the core idea of decentralization. This option also limits the range of cryptocurrencies that can be accepted.
Another route is to provide wallet address. It will be published in plain text on your website. This can take some time, as users need to monitor different wallets.And they need to convert tokens to hedge Volatility..
Innovative method
According to the company, what they offer is novel. “DePay Donations provides an alternative with a new paradigm enabled by decentralized finance. Maximize decentralization, interoperability, and token acceptance while minimizing the administrative burden of donors. increase.”
It’s unclear if the plugin will “clip the ticket” along the way and charge a cryptocurrency conversion fee. But in any case, the adoption of cryptocurrencies seems to be an unstoppable march now.
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