Your outstanding support is really amazing 
Thank you man so much 
You are welcome as always man 
Liked and retweeted, thanks for sharing.
Really intresting in your thoughts 
Problem
Traditional POS systems are expensive, bank-dependent
Merchants pay 1–3% in processing fees
Unbanked merchants can’t access digital payments
Solution - turn any phone into a blockchain-powered POS
OnChainPAY turns any Android NFC phone into a POS
No banks. No devices – terminal POS only your phone. Fully on-chain
Gasless and FREE transactions for users, 0.5% no less than 0.10 USD flat fee for merchants
Context
Disrupt the traditional payment system using #TronNetwork
We will allow each store to use any phone (Android first) to become easily an POS(Point of Sales) and access payments system cheaper than WORLWIDE and with any banks.
Now the payment system is provided through banks using special devices called POS – Point of sales this devices are created especially to work with credit or debit cards.
Usually a store/merchant pays:
- an initial cost of the device - POS terminal
- a monthly fee
- payment processing fee
Traditional banking fees bring the cost of processing transactions at around 1% (around competitive markets) up to 3% of the transaction cost in some cases this is only the payment processing fee.
Over blockchain we don’t pay a percent from the total volume we pay the transaction fee which over a lot of blockchains can vary due to multiple factors such as transactions volume, here #TronNetwork is more stable meaning it does not have this competition between miners so the transaction cost is linear.
Target audience
We address all stores and any merchandiser with a phone with NFC technology available.
Business proposition
Allow stores/merchants to reduce all costs while keeping all transactions on chain
1. Initial cost for the Store Profile (NFT) paid just once. Different profiles different prices, each feature available separated
2. 0.5% of the transaction value, but no less than 0.10 USDT – allow any user to pay by phone without paying any transaction fees (will use GASLESS transaction) and at the end you will pay just 0.5% including blockchain fees
Invest in OCPAY
All our customers are investors. The initial cost / store profile / NFT mint would be in TRX and will be staked to ensure a base for the #TRON blockchain transaction’s costs.
$DEPPL – buy a portion of $DEEPL at each stage, the earlier you buy the bigger the investment will be.
Technical aspects
- Stores will manually pay their fees towards ONCHANVISION we will allow fees to accumulate up to 85% of the initial cost of the NFT. So, you paid 100 USDT value worth on your NFT you can receive payments up to 85 USDT volume in fee that means 17000 USDT transaction volume
- NFTs will be liquidated or more precise buy back if you don’t pay your fees within 30 days your NFT would be automatically put on sale at 90% the initial price, so in this way we will cover the fees that you own and will allow the market to provide even cheaper acquisition as the buyer will still get up to 85 USDT from a profile of just 90 USDT value worth
- Stores will have at all time some USDT so our cost will be always 65k energy as per now and around 300 bandwidth, so for 1 transaction we would need 6453 TRX staked for energy and 949 TRX staked for bandwidth(1200 delegate + undelegated cost) meaning a total of 7402 TRX so let’s say around 7500 TRX
- If the user has an inactive address but it has USDT it will automatically activate the address the system as we consider a viable user and we wish to reduce the friction of the user / if it has more addresses on the same phone we might limit the number of addresses that we automatically activate as this costs for as 1.000001 $TRX + 100 bandwidth, we consider this cost a user acquisition cost
Scenarios
- A. We manage to sell 10,000 NFTs at 1,000 $TRX price which is 10m $TRX the equivalent of 1333.3 transactions (10m/7.5k TRX staked) which we get for free as all the $TRX will be staked for resources, supposing the worst scenario for 1333.3 we cash in only 0.10 USDT (as this is the lower limit) we got revenue of 133.3 USDT at the price of 0.33 $TRX/USD is around 404 TRX which could rent around 12m energy at 65k cost which would mean that we can process another 184 transactions which would add another revenue of 18.4 USDT so our break-even point is in processing around ~1500 transactions daily
If we stake all for energy we get at 10m $TRX around 100m energy that means that in case our pool empties we will need to wait 1 minute to make one more transaction 100m/24h/60m=69.4k
- B. We manage to sell 100,000 NFTs at 1,000 $TRX price which is 100m $TRX the equivalent of 13333.3 transactions (100m/7.5k TRX staked). Using calculations as above we have a break-even point in processing around ~15000 transactions daily
If we stake all for energy we get at 100m $TRX around 1000m=1b energy that means that in case our pool empties we will need to wait 1 minute to make one more transaction 100m/24h/60m=69.4k
Of-course more NFTs are minted means likely more transactions can be process but also it means that the expectation is that our system will process a lot more transactions.
Market Opportunity
500M+ small merchants globally
$10T+ annual retail volume
1% adoption = $50B+ potential transaction volume
Focus: emerging markets and crypto-native regions
How It Works?
- Merchant mints a Store NFT - the team will automatically stake the $TRX we received as a payment
- Merchant opens the OnChainVision mobile dApp and goes to OCPay menu which the system will detect automatically that has the NFT and will show the receive payment interface - Input the amount and enter - and wait
- Customer puts the phone near which will automatically open the onchainvision dApp or the website onchainvision.xyz with the payment button
- The cutomer signs the transaction using the wallet he wants as he will sign a simple transfer
- The mobile dApp or website uses our system of GASLESS transactions and delegates the resources needed before broadcasting the transaction and the user has free transaction and the merchandise fee balance is increase
Down aspects
- no credit/debit cards accepted no MASTERCARD/MAESTRO/VISA/AMERICAN EXPRESS
- no offline transactions(yet this could change based on Zero Knowledge technology)
- users must have the assets in their wallet USDT on #TronNetwork susceptible to other fees as 1 USDT withdraw fee from CEX – lower target audience
Why #TronNetwork?
- It is a stable network with history, a dinosaur in the crypto layer 1
- It has high fees so if the system would be to work will be very likely to allow high scalability
- High TPS
- Resource model allows GASLESS transactions
- The blockchain fees of #TRON are stable so the assumption is that even with high demand (a lot of transactions to be processed) our cost would be stable
- House for stablecoin, could Tether organization be an investor? likely
NFTs collections
STORE OWNER PROFILE/MERCHANTS
Attributes:
- Percent fee to pay
- Min fee per transaction
- Max transaction value
- Min transaction value
- Threshold (the fee amount we let the vendor accumulate)
- Name merchant
- Location merchant
- Domain Association → Yes or NO
- NFC pay Near Field Communications
- BLE pay Bluetooth Low Energy
- Wifi
- QR code pay
- UWB - Ultra-Wideband
- GPS
- Domain – website payments which will work simple as GPay or Apple Pay basically user will have a button OnChainPay and will be extra secure as we will know who will call and the website that is associated with so we will allow payments only to that website domain
- Within App
Each attribute will cost more and is meant to be available depending on the merchandiser needs. All the NFTs will be transactional and could have some variable attributes like, merchant name, merchant location, merchant domain (only for a specific NFTs), the attributes will be set by the owner of the NFT
PREMIUM USERS
Attributes:
- Insurance threshold
- Fee chargeback – A fee 2% will be taken for each chargeback made 1% ,0.5%
- GPS localization and payment feature available
Community Token $DEEPL
Problem all transactions on blockchain are final, NOT over OnChainPay
- Ensures that if a customer and a merchant has a dispute, the token will act as insurance especially for the customer as the merchant supposing it has the balance in the account, usually each NFT/Store Profile will have a max claim which cannot be bigger. Will ensure only NAMED/PREMIUM customers
- Initial funds in token will come from NAMED/PREMIUM customers which is basically an NFT that a user has in his wallet and ensures that he is a real user as he already pay an initial mint fee,
- Community token will shape the organization
- Raise to help with the TRX staking necessary in the biggening
- A 10% from all the revenue generated by the fees on merchandiser will be used to add burn liquidity
Roadmap
Stage 1: Gasless MVP & Backend Infrastructure
MVP Gasless – we are working to prove the system by allowing USDT transfer using 2 steps
- Pay USDT for fee and
- Make the actual transfer .
The design document is ready and we are working in making available the system through our website
TRX staking pool (Energy/Bandwidth)
Backend + smart contract development
ᯤ Stage 2: NFC-Based Android Mobile POS App MVP
MVP NFC payment system here we would like to create the prototype that would be the base for the mobile dApp
Stage 3: Merchant NFT Store MVP
- Merchant NFT store /mint/sell/buy
- Merchant profile recognition from NFT
- NFT merchant smart contract
Stage 4: Main Release Android NFC
- No premium customer feature yet
- No omnichannel
- Just NFC channel and QR
UI for both customers and Store
Stage 5: Web-based & In-App Payments
- MVP online payment (the request will be made from an website within the same device)
- MVP within app payment (the request will be made from an app within the same device)
Stage 6: Premium User NFT + $DEEPL Insurance & DAO Governance
- Premium NFT issuance (user profile)
- Chargeback insurance logic (via $DEEPL staking)
- Governance voting system
Stage 7: Merchant Onboarding & Global Rollout
-
BLE - Bluetooth Low Energy
-
Wi-Fi
-
MVP GPS – premium users only as they will have a username assign, the devices will share the location the system will check to match a merchandiser with a user within that mile/ precision, The user will select the merchant and the merchant can initiate the payment
-
Ultra-Wide Bandwidth
-
Automatic liquidation logic
-
Marketing & global expansion
Funding_OnChainPay.pdf (4.6 MB)
Pitch_Deck_OnChainPay.pdf (1.3 MB)
Hello there, the best would be to take this reply post and enrich your original post . Thanks for the quick response!
Keep up with the good work onchain vision
Thank you for such a fast response !
All this documentation was actually in the pipeline on our side before receiving your response, and we decided to share it, although initially we were looking to share these details only after Stage 1.
We hope that now things are clear and we would love to show our gratitude for this amazing opportunity, our work does not stop here, at first no, and we hope that through this message we disclose our focus in terms of the defined problem we address and the business rationale that would support the system in the long term. We always targeted technologies that did NOT exist before, which came with an obstruction in terms of a detailed roadmap and a clear path, and we are certain that this is a unique approach in terms of disrupting the market while being the most competitive dApp even in comparison with traditional markets within the developed world would become a REAL player next to the big current payment processor providers!
Will update ASAP the initial post to be in line with the latest updates 
Great addition
keep building