Alchemy Pay 2023 Development Strategy
Over recent period, Alchemy Pay has received significant attention from the market. We see this as recognition from our users and the market for Alchemy Pay’s years of hard work in the payment industry, and are grateful that our efforts have received such widespread attention. Regardless of market conditions, Alchemy Pay remains fully committed to the crypto payments industry with a steady and resolute focus.
At the end of last year, we unveiled our roadmap for 2023, and at this point we would also like to take a little more time to elaborate on our strategic plans for this year.
Business Line Major Plans
Our plans on the business line center on having a clear and well-defined main line of action for sustainable project development. As outlined in our 2023 roadmap, our project will mainly revolve around optimizing and upgrading our products, expanding payment channels, adding partners, acquiring licenses, and upgrading compliance. Additionally, we are actively seeking equity financing to translate Alchemy Pay’s accumulation into greater profitability and growth.
Ecosystem Building Strategy
In terms of Alchemy Pay’s ecosystem building, we also want to focus on investment and incubation with BIA (Blockchain Infrastructure Alliance) this year. We believe that after five years of development, Alchemy Pay has matured as a standalone product, and it’s a good time to start building the upstream and downstream ecosystem with Alchemy Pay at the center.
Therefore, this year we will work together with BIA to focus on four payment-related segments: NFT marketplace, ZK payment & infrastructure, cross-chain payments infrastructure, and trading platforms on new blockchain. We will jointly invest in, and incubate, some payment-related projects, providing financial support and technical support to integrate these projects into the AP ecosystem.
We are cautious about expanding blindly, but we prioritize decision-making that will positively impact our project’s development. The upstream and downstream ecosystem is being built to add solid and real usage scenarios to payments, enabling us to capture profits from more payment scenarios with real demand. As competition intensifies, pure payment business will be squeezed out of profits, and extending upstream and downstream related businesses can effectively increase profitability. Through deep incubation, we can also link up with new opportunities and businesses in a way that reduces business risk rather than entering into joint ventures. Consequently, it is expected that we are able to capture profits from more payment scenarios where there is real demand, and token and equity income will also be part of predictable benefit.
A long term perspective has always been our focus. Alchemy Pay holds the belief that always-building and always-long-term will reward us in the long run. Our decisions are rooted in our overarching vision for Alchemy Pay to become a capable, long-term leader in the crypto payments industry. With a focus on long-term growth, we will continue to provide our customers with easy, fast, secure, and compliant payment services as we always do.
Try Now
Try our On & Off Ramp to buy and sell crypto and local fiat currencies today https://ramp.alchemypay.org/
On & Off Ramp Enquiries
Developers of Web3 platforms, and dApps with interest in integrating Alchemy Pay’s ramp solution can contact: ramp@alchemypay.org
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