npayme whitepaper

Web3's Premier dApp Suite for the Creator Economy

1. Introducing npayme

What is npayme? It's the ultimate decentralized application suite for the next evolution of the internet, web3. Designed to supercharge your content and reward your community. Get dApps like npayme create, npayme promote, and npayme rewards. All accessible with the network's utility token, NPAY. Use npayme create for your digital media, membership passes and loyalty cards, or NFTs of any kind. Incentivize virality, and earn without limits using npayme promote. Build your community, and recognize your loyal supporters with npayme rewards. Leverage the power of web3, all in one turnkey and integrated experience. With npayme, you can finally harness the new creator economy, while being in complete control.

2. npayme's dApp Suite Mission

npayme is pioneering a groundbreaking new concept - a decentralized application suite for the creator economy, built and nurtured by a permissionless and global community. Think of product suites like Microsoft Office or Adobe Creative Cloud. These centralized behemoths have undoubtedly played pivotal roles in shaping the digital world. Applications like Excel, Word, Photoshop, and After Effects have become indispensable tools for professionals and creators worldwide, all of which are accessible through their application suites. However, the development, management, and distribution of these applications have always rested in the hands of a select few within these corporate giants. Now, with the advent of transformative technologies such as blockchain, cryptocurrencies, and smart contracts, npayme embarks on a mission to develop a new suite of applications built for and managed by creators - backed and developed by a collective force of its users and contributors.
At its core, npayme’s dApp suite is a testament to the power of decentralized and open-source collaboration. It stands as a symbol of inclusivity and opportunity, where anyone passionate about the project can freely contribute as a developer, designer, visionary or enthusiast who collectively shapes its utility for the greater good. With blockchain technology as its backbone, npayme ensures transparency, security, and the immutable traceability of contributions. Through cryptocurrency powered incentives and governance mechanisms, npayme empowers its community to actively participate in the decision-making process and development of the npayme dApp suite.
Currently, the npayme suite includes the dApps: npayme create, npayme promote, & npayme reward. Each of these apps leverages web3 technologies to enhance a creators/organizations workflow, from the creation of digital media NFTs to the implementation of reward programs. Learn more about the current suite of npayme dApps and all future dApps eligible for grant funding on the npayme website.

3. npayme's Native Utility Token, NPAY

$NPAY is the native utility & governance token that powers the npayme network by entitling holders access to its suite of decentralized applications and governance mechanisms. The token is also used to incentivize further growth, development, adoption, and decentralization of the network. The utility of the NPAY token is its ability to access decentralized applications within the npayme ecosystem, and ability to shape the future development and direction of the npayme network through governance participation. NPAY tokens can be used for both On-Demand access to npayme dApps or be used to access monthly subscriptions to the dApp services.

4. npayme create

Step into a realm where your creativity knows no bounds, where your content reigns supreme, and where your community is celebrated like never before. Introducing npayme create, your gateway to a universe of empowered content creation within the vibrant web3 landscape.
Blockchain technology has made digital ownership a reality—creating a brand new world of artistic and commercial possibilities in the process. npayme create allows anyone to develop, mint, sell, and manage non-fungible tokens (NFTs) and collections that can represent art, digital media, membership passes, loyalty cards, etc. Experience the freedom that only comes when creators and consumers are directly connected with no middlemen. And npayme create is a powerful web3 dApp yet it’s easy to use by anyone with no need for web3 smart contract expertise. Simply bring your NPAY tokens to the dApp and start creating!
Imagine creating, selling and distributing any type of content (e.g., videos, images, and physical-world items) while increasing your fanbase size and engagement by selling memberships and token-gated subscriptions to any type of service (e.g., livestreams, exclusive members-only websites, online and real-world events). And npayme create gives you access to lucrative secondary markets where you automatically earn royalties any time your content is resold, in addition to increasing your exposure to new buyers.
As a fully decentralized platform, npayme create lets you explore all these possibilities of digital rights management, royalty payouts, and creator’s earnings potential while always giving you complete control and self-sovereignty over your own creative works. npayme create can be accessed using NPAY tokens on demand or through the npayme suite subscription.

5. npayme promote

npayme promote is a multidimensional payment and promotion system that seeks to combine the efficiency, transparency, and capabilities of web3 technology with the virality and reach of traditional social media. npayme promote leverages both web3 technologies and social media to amplify the creator economy by enabling creators and organizations of all kinds to directly connect with and incentivize their audience, influencers, and affiliates in a way that is inherently viral.
npayme promote introduces a revolutionary new concept called share and earn, allowing any affiliate, promoter, or even social media user to instantly earn for promoting an npayme promote listing. Listings can include charities and crowdfunding, digital media & content, subscriptions & memberships, event & ticket sales, or products & services.
Legacy systems rely on centralized models and intermediaries to settle transactions, store data, and distribute content/assets. As a web3 platform, npayme replaces middlemen with decentralized blockchain networks. This allows for individuals and organizations to freely interact directly with one another without relying on any external parties or middlemen. All content, assets, rewards, and payments are transparently and automatically distributed.

6. npayme reward

Turn first time customers into forever customers by automatically rewarding desired actions and incentivizing loyalty with npayme reward. As a web3 native reward and referral platform, npayme reward provides the tools to acquire and retain more users. Utilizing a point and prize system, you can easily set up an incentive structure for both offchain and on chain actions such as interacting with social media accounts or smart contracts. Imagine being able to automatically reward your customers for purchasing and promoting your products or services, for following your Twitter account and retweeting a post, for joining your Discord server and inviting their friends to join, or for buying and holding your NFT membership passes. Automatically deliver your customer rewards as cryptocurrency, unique digital assets, or coupons for your own customized special offers. npayme reward organically increases web3 sales by rewarding recurring customers and incentivizing new ones. With no code, automated scripts, and custom API integrations, npayme reward provides all the necessary tools to build and harness your community. As the first reward system introduced to the npayme suite, the platform can be accessed using NPAY tokens or through the npayme suite subscription.

7. npayme DAO

npayme DAO is the decentralized governance body of the npayme network reshaping the creator economy. npayme DAO is comprised of creators, promoters, developers, and web3 builders of all kinds who support the fundamental vision of cryptocurrencies, blockchain technology, and decentralization. Structured as a decentralized-autonomous-organization (DAO), npayme DAO provides any NPAY token holder with the ability to participate in democratized building - shaping the future of the npayme network and dApp suite offerings.
The npayme DAO is responsible for managing the network’s dynamic fee structure, determining proper grant recipients, approving new decentralized applications, and ultimately aligning the incentives of the entire community. All NPAY token holders can participate in governance decisions and make new proposals for the community to vote on.
Learn more about npayme DAO here.

8. npayme & the ndau ecosystem

At the foundation of the npayme network is ndau, an adaptive digital currency that is a self-sovereign, simple and secure store of value. The ndau token is optimized for a long-term store of value with staking rewards and a goal of buoyancy. The Proof of Stake ndau blockchain has been operational 24/7 since 2019, making ndau a tried and tested foundational digital currency. NPAY, the npayme network’s native utility token, builds on this foundation by leveraging ndau’s adoption and demand based supply dynamics. NPAY seeks to avoid many of the apparent issues with other utility tokens such as misaligned supply and demand due to over-or-under-issuance. Instead, NPAY will utilize the foundation that ndau has set as an adaptive currency through conversion based issuance. This allows for new NPAY tokens to enter the system only when there is a demand for them. During this process ndau tokens are immediately burned upon conversion, providing a healthy deflationary effect on the amount of ndau in circulation. Demand for $NPAY drives adoption for the ndau ecosystem and the creation of $NPAY tokens is directly linked to ndau’s adaptive monetary policy and adoption-based supply dynamics. Learn more about the relationship between ndau and npayme below in the tokenomics section.

9. NPAY Tokenomics & Ecosystem Development

Unlike most app suites today, such as Microsoft Office or Adobe Creative Cloud, npayme is a suite of dApps (decentralized App) that operates on a blockchain network, utilizing open-source code. By operating in a decentralized manner, npayme eliminates the possibility of a single point of control or failure, ensuring the reliability and security of its operations. This is achieved through the elimination of counterparty tampering, network downtime, and administrative censorship, resulting in a strong deterministic approach where every npayme dApp will execute as originally coded. However, this system requires a Web3 native digital asset that provides access to the network's utility, captures value, and further incentivizes growth/adoption. $NPAY serves this purpose by capturing fees for the value provided by the network and rewarding token incentives and grants to further the growth and development of the npayme network suite.
Sources of Demand:
  1. 1.
    Entitles holder with access or rights to npayme suite decentralized applications
    1. 1.
      npayme create
    2. 2.
      npayme promote
    3. 3.
      npayme reward
    4. 4.
      npayme prime subscription
    5. 5.
      All future npayme suite dApps
  2. 2.
    Entitles holder with access to npayme DAO governance participation
    1. 1.
      Vote on dynamic network fee structure
    2. 2.
      Vote on grant approvals & token rewards
    3. 3.
      Vote on approval or denial of new npayme suite dApps
npayme Suite Subscription:
While many individual creators will interact with the npayme dApps through an On-Demand approach (pay by usage), the npayme DAO also wants to provide the community with unlimited monthly access to its dApps through a subscription based model. This model aims to create a more intimate and seamless relationship between the npayme suite and its most active users, organizations, and enterprises. As npayme exists in the highly compossible and trustless world of web3, all users need to access the npayme suite subscription is an NFT. This allows the DAO to provide subscription access to a wide range of global users as NFTs can be acquired or earned in many ways. These subscription NFTs can be earned either through Labor, Time, or Money, at the discretion of the end user.
Users earn points for contributing to the DAO/network in various ways with the npayme reward system (Social posting, interacting, engaging), then redeem points for monthly subscription NFT
Incentivizing usage, promotion, engagement and overall adoption
Users lock 100 NPAY tokens for the month and are rewarded with subscription NFT
Incentivizing long term holding and commitment to the DAO
Users purchase and burn 20 NPAY tokens and are rewarded with subscription NFT
Incentivizing further decentralization and growth of the network
Sources of Supply:
The $NPAY supply begins with a pre-minted token allocation distributed to: npayme DAO Treasury & Development, Team & Advisors, Community & Ecosystem, IDO, & LPs. This supply is used to attract builders and users to the npayme network, to fund future development, and to achieve T-0 decentralization of the $NPAY token. At the time of Genesis 15,000,000 NPAY tokens will be created and distributed according to the allocation chart and release schedule below. Following token genesis, $NPAY tokens can only be created by converting $NDAU tokens 1:1 for newly minted $NPAY tokens. This allows for the npayme dApp the leverage ndau’s existing adoption-based supply curve, ensuring a sustainable supply trajectory.
Genesis Allocation -->
Token Release Schedule -->

How NPAY Leverages ndau's Adoption-Based Supply Curve

The npayme network has introduced an innovative approach to token issuance by leveraging the adoption-based supply curve of the ndau ecosystem. Ndau, an adaptive digital currency, follows a release schedule based on the diffusion of innovations theory, where new ndau tokens are introduced into the market as demand pushes the market price upward along the Next Issue Price Curve. This adoption-based supply curve serves as the foundation for the creation of the $NPAY token, beyond the genesis allocation. By implementing a 1:1 conversion process, $NPAY tokens are created using ndau tokens. However, to maintain a healthy deflationary effect on the ndau supply, the ndau tokens used for conversion are immediately burned and removed from supply. This process not only contributes to the scarcity of ndau but also aligns the creation of $NPAY tokens with ndau's adaptive monetary policy and adoption-based supply dynamics.
The demand for $NPAY tokens plays a crucial role in driving adoption of the ndau ecosystem. As users seek to acquire $NPAY to access the utility provided by the network's decentralized applications, the underlying ndau ecosystem experiences an increase in demand. This interdependence ensures that both tokens benefit from and build on each other. Moreover, the adoption-based supply curve of ndau provides an advantageous mechanism for $NPAY token issuance and npayme network monetary stability.
The relationship between $NPAY and the adoption-based supply curve of ndau introduces the concept of excess demand, which becomes a determining factor for the creation of new $NPAY tokens. When the price of $NPAY surpasses the price of ndau, indicating excess demand, the conversion process allows for the creation of $NPAY tokens using ndau tokens. This conversion process takes advantage of the arbitrage opportunity created, ensuring that new $NPAY supply is introduced to the market. By introducing $NPAY tokens only in times of excess demand, the npayme network maintains a balance between supply and demand, preventing excessive inflation and promoting monetary stability. Conversely, when the price of $NPAY is lower than the price of ndau, individuals are incentivized to acquire $NPAY tokens from the open market rather than through the 1:1 conversion process. In this scenario, where demand for $NPAY is lower, no new $NPAY supply is created. This mechanism prevents unnecessary token issuance during periods of lower demand, contributing to the stability of the npayme network and ensuring the integrity of the adoption-based supply curve.
In summary, npayme has strategically utilized the adoption-based supply curve of the ndau ecosystem to create a sustainable and symbiotic relationship between the ndau ecosystem and $NPAY. The 1:1 conversion process enables the creation of $NPAY tokens while maintaining a deflationary effect on the ndau supply. The demand for $NPAY tokens drives adoption of the ndau ecosystem, and the interplay between the tokens fosters a symbiotic dynamic. By harnessing the adoption-based supply curve, npayme ensures the alignment of token issuance with market dynamics, promoting a balanced market and supporting the growth and decentralization of the network.

Network Fee Structure

Npayme DAO governance controls the tokenomics, fee structure, and grant approval of the npayme network. The initial tokenomics and set transaction fees attempt to align the incentives of the entire npayme network. This is essential for the success and integrity of the npayme Network. To safeguard the future of the npayme network, the network parameters are amendable by npayme DAO governance proposition. Fees outlined below are provided as an example. Exact Fees will be made publicly available in the coming weeks.
On-Demand dApp Usage
Suite Subscription: Labor
100 npay reward points
Suite Subscription: Time
Lock 100 NPAY for 30 days
Suite Subscription: Money
Burn 20 NPAY tokens
DAO Tx Fee

Fee Distribution & Ecosystem Development

The npayme network utilizes collected fees to drive development, adoption, and monetary stability through an innovative tokenomics model. These fees initially serve as the funding mechanism for the network, fueling its growth and expansion. In the early stages, a significant portion of the fees will be allocated toward token incentives from the npayme DAO to drive network growth. The remaining portion of fees will be rewarded to members of the npayme DAO through NPAY membership rewards. This ensures that the network gains momentum and attracts more users.
However, as the network matures and achieves a wider adoption, the focus shifts towards maintaining stability and sustainability. At this point, the fees collected are used to create monetary stability by implementing a burn function. This means that a portion of the fees are destroyed, effectively reducing the token supply and promoting scarcity. To strike the right balance between growth and stability, the npayme DAO holds the power to dynamically manage these parameters. This allows for flexibility in adjusting the allocation of fees, ensuring the long-term success of the network while adapting to the changing needs of its ecosystem.
npayme DAO Treasury
Member Rewards
Token Burn

10. Vision & Roadmap

In the ever-evolving and interconnected landscape of technology and creativity, npayme envisions a future where the boundaries between creators, innovators, and users blur into a dynamic ecosystem of shared potential. Our roadmap is guided by a commitment to continuous improvement and innovation, with pioneers around the world actively developing decentralized marketplaces and analytics platforms. The npaymeDAO looks forward to expanding the network's dApp suite, embracing emerging technologies, and fostering collaborations that empower creators worldwide. As we journey forward, the npayme network will become a beacon of decentralized creativity, a platform where ideas are born, nurtured, and flourish collectively. Together, we will shape the future of the creator economy, creating a decentralized universe where every contribution matters, every voice is heard, and every creator is empowered to thrive. Join us on this exciting journey towards a more inclusive, transparent, and vibrant future – the npayme way.
Make sure to follow the npayme twitter for more updates regarding the roadmap!
Last modified 15d ago