CirclePay Tagline A Web3 payment platform eliminating transaction fees by using sponsor ads, offering seamless USDC transactions for everyday users.

🚀 About CirclePay CirclePay is a revolutionary Web3 payment platform that enables gas-free USDC transactions. By leveraging sponsor ads and flexible fee coverage mechanisms, CirclePay eliminates transaction costs and makes blockchain payments accessible to everyone.

💡 Problem We Solve

1. High Transaction Costs Traditional blockchain platforms involve expensive gas fees, discouraging users from adopting decentralized finance solutions.
2. Complex User Experience Setting up wallets, understanding gas fees, and managing crypto assets is often overwhelming for beginners.
3. Limited User Adoption Despite blockchain’s benefits, simplicity and cost-effectiveness of traditional banking systems still attract the majority of users. ✅ Our Solution: Gas-Free USDC Transactions Sponsor Ads to Cover Fees Users can watch short sponsor ads that cover gas fees for USDC transactions. Fee Coverage by Sender or Third Party Sender or a third party (friend, family, community) can cover the recipient's transaction fee, enabling smooth onboarding for new users. Seamless USDC Experience By focusing on USDC (USD Coin): Stable and regulated. Pegged 1:1 to the U.S. Dollar. Accepted widely across exchanges and wallets. 🎯 Why We Chose USDC Stability & Trust: Regulated, fully-backed stablecoin, avoiding volatility of other cryptocurrencies. Wide Adoption: Supported by major exchanges, wallets, and DeFi platforms. ✨ Additional Benefits Targeted Advertising Model Relevant ads shown to users, funded by sponsors such as Binance, 1inch, or local businesses. Community & Friend Engagement Friends, family, and communities can pay transaction fees for others, enhancing social and community-driven use cases. 🛠️ Tech Stack Used Technology Purpose React.js Frontend User Interface Node.js Backend Server Web3.js Ethereum blockchain interaction USDC Stablecoin for transactions Ethereum Blockchain network Smart Contracts Custom logic for fee coverage and transfers Ad Networks For sponsor ad delivery and tracking AWS Cloud hosting and storage MongoDB Database to store user and transaction data 📲 How It Works (Flow) User Initiates Transaction — Enter recipient and USDC amount. Choose Fee Option — Watch ad, pay own fee, or have third-party cover it. Transaction Processing — Smart contract handles transaction and fee payment logic. USDC Sent Seamlessly — Recipient receives USDC without worrying about fees. 🌐 Future Scope Mobile app integration for on-the-go transactions. Expanding to other stablecoins and layer-2 solutions. Partnering with global and local businesses for ad sponsorships. 📩 Contact & Contribution We are open to collaborations and contributions!

Developed by: Team CirclePay Contact: [Your Contact Email or Link] GitHub Issues: Feel free to open issues for bugs and feature requests. Note: CirclePay focuses on creating a frictionless and cost-effective blockchain experience for everyone, fostering mass adoption of decentralized payments.

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