Multi-Token Payment System

Project Kenesis introduces a versatile and user-centric multi-token payment system that enhances accessibility and convenience within its decentralized learning ecosystem. This feature allows creators to set prices for their tokenized content such as courses, eBooks, research papers, and AI modules in USD, while empowering buyers to pay using a variety of tokens supported by the selected blockchain. This flexible payment model ensures seamless, transparent, and equitable transactions for all users.

Key aspects of the multi-token payment system include:

Flexible Token Options

Depending on the chosen blockchain, buyers can pay with a range of supported tokens. For example, on Binance Smart Chain (BSC), payments can be made using BNB, WETH, USDT, USDC, XRP, and other compatible tokens. Similar flexibility is available across other supported blockchains, such as Base, Polygon, Arbitrum, Ethereum, and Optimism, ensuring users can leverage their preferred cryptocurrencies.

USD-Based Pricing with Chainlink Integration

Creators set content prices in USD to provide clarity and consistency. Platform integrates Chainlink’s price oracles to convert USD prices into the equivalent value of the buyer’s chosen token at the time of purchase. This ensures accurate, real-time pricing that reflects current market rates, fostering trust and fairness in transactions.

Secure and Transparent Transactions

By leveraging Chainlink’s Verifiable Random Function (VRF) and price oracles, platform guarantees secure and transparent payment processing. These technologies ensure that conversions are tamper-proof and verifiable, aligning with the platform’s commitment to a trustless and scam-resistant ecosystem.

This multi-token payment system empowers creators to reach a global audience by accommodating diverse cryptocurrencies while maintaining pricing simplicity through USD-based listings. It enhances user accessibility, supports seamless cross-chain transactions, and reinforces our vision of a decentralized, inclusive, and innovative marketplace for knowledge sharing.