Something quite interesting is happening: many MEME coin project teams are starting to send transaction fees directly into certain X top accounts’ X Money accounts.
The path looks like this—this year, X Money opened up peer-to-peer transfers, but it doesn’t natively support cryptocurrencies; third-party tools (such as UsePaid) build a bridge in the middle: they convert on-chain received transaction fees into fiat currency, then transfer it into these people’s X accounts.
In essence, this moves “paid promotion” from off-the-record side payments into the open—and turns it into passive income: the big accounts don’t have to do anything; the money just comes in.
Possible motivations include:
Want people to help you call trades and hype things up—establish financial ties first.
The path looks like this—this year, X Money opened up peer-to-peer transfers, but it doesn’t natively support cryptocurrencies; third-party tools (such as UsePaid) build a bridge in the middle: they convert on-chain received transaction fees into fiat currency, then transfer it into these people’s X accounts.
In essence, this moves “paid promotion” from off-the-record side payments into the open—and turns it into passive income: the big accounts don’t have to do anything; the money just comes in.
Possible motivations include:
Want people to help you call trades and hype things up—establish financial ties first.