⚡ What is YZi Labs' $5 million "Alipay on the Chain" @ allscaleio? How to earn points? During this period of time, I talked with many people who are engaged in offshore business and AI freelance. Everyone's roast is the same: making money is not the most difficult, but collecting money is the most difficult. Bank audits often take 3-7 days and account closures can occur at any time; Stripe/Airwallex accounts are frequently manually reviewed; Cross border transfer is stuck for half a month, with a processing fee starting at 2% -5%; To receive money once, you need to fill in KYC, write notes, go through review, and wait for a receipt Doing a project for a day and waiting for money for a month is even more exaggerated in Southeast Asia, India, Africa, and South America. I happened to come into contact with AllScale @ allscaleio during Dubai Week this time, and after a serious conversation, I found that it is indeed targeting this pain point - doing cross-border payments again: Enable anyone around the world to complete stablecoin transactions in just a few minutes without the need for banks or mnemonics. Experience is closer to moving Alipay's process to the chain: 1) No need for bank account, no need for mnemonic words 2) Passkey directly generates an on chain address, not afraid of CEX blocking transfer support. 3) USDT/USDC instant payment, basically instantly received in seconds 4) The other party can pay even without a wallet (built-in fiat currency conversion bridge) 5) One click generation of invoices and backend management of payments, which is very team friendly The investment portfolio is also very strong, attracting multiple well-known veteran venture capitalists such as Amber Group and Draper Dragon in the first round; The second round was led by YZi Labs and became an official partner of BNB Chain, marking AllScale's wider institutional recognition in the stablecoin payment arena. If all these functions work, I think it will be a must-have application for overseas teams, freelancers, and small and micro businesses. What can we do now: earn points! AllScale has now opened its points system, which follows the same logic as early airdrop projects: completing tasks → points → platform benefits/potential airdrops one ⃣ Step 1: Register an account -Access link: https://dashboard. (allscale.io)/pay/register? code=PGZDFt2XNM-VdotpRlJ4-xl2ATBY_OMYXKcOVq40UXe7E6-2uZDkZQyZcCTNtk7voDQ15g== -Email registration, faster scanning of iPhone codes -Passkey automatically creates a self hosted wallet (the private key is stored on your device, and the website only takes the public key) two ⃣ Step 2: Complete the novice task -Verify email (in Settings) -Make the first payment (scan the code to experience it) three ⃣ Step 3: Continue to accumulate daily tasks -Daily check-in -Accumulate points based on the received amount -Invite friends to register (email verification required) -Completing the first payment by a friend is also considered a task I tried it myself and the overall experience was silky smooth, especially very friendly for wallet beginners. AllScale's positioning is once again in a very large demand area: global gig+stablecoin payments in the AI era. This type of project has extremely low time costs, but once it is launched, the returns may be extremely high! In addition, with just announced financing, yet to be issued coins, and early users not participating, for someone like me who has been paying attention to the application layer for a long time, it is indeed worth setting up some points in advance!