#None #GIBO Holdings #USDG.net #WeChat Platforms

GIBO's Groundbreaking USDG.net Payment Engine Successfully Tested

GIBO Holdings Ltd. (NASDAQ: GIBO), known for its advancements in digital content infrastructure and creator monetization, has recently made headlines with its promising innovations in cryptocurrency transactions. The company announced the successful testing of its USDG.net settlement engine, a pioneering technology designed to enable seamless multi-crypto payments throughout the GIBO Click ecosystem and various WeChat short drama platforms. This development is viewed as a significant leap towards establishing a more flexible and efficient payment infrastructure for digital content creators and audiences alike.

What is USDG.net?

The USDG.net engine represents a robust backend that facilitates real-time payment settlements using various major digital currencies such as USDC, USDT, ETH, BTC, and others. Its core technology aims to streamline the complexities associated with cryptocurrency transactions, providing users with an effective solution for everyday digital payments. The tests were conducted in collaboration with several popular WeChat mini-apps, which specialize in short drama content - a thriving segment in the digital entertainment domain. The following platforms participated in the trials:

• - Baichuan Theater
• - Qiankun Drama House
• - Blue Lake Studio
• - Zhuoer Shorts

These platforms are known for publishing short dramas ranging from 1 to 5 minutes, attracting significant viewer engagement. The successful implementation of the USDG.net engine on these platforms can potentially revolutionize how creators get compensated for their work, automate royalty distributions for co-produced assets, and support various audience incentive programs.

Transforming Creator Compensation

The successful trials of the USDG.net engine is a monumental achievement for GIBO, marking the beginning of an era that could redefine how digital content transactions are managed. This technology is positioned as a core component of the GIBO Click infrastructure, which integrates capabilities to:

• - Facilitate instant micropayments for creator content and audience participation
• - Automate multi-party royalty distributions for collaborative short drama projects
• - Handle payment settlements for tokenized creative intellectual property (IP) across entertainment platforms

The implications of this are vast. By allowing for immediate and reliable payments, GIBO not only enhances the artist's experience but also elevates the overall value proposition for audiences engaged in content consumption.

A Step Towards Tokenized Content Monetization

As the global short-form entertainment sector continues to grow at an unprecedented rate, the launch and testing of the USDG.net engine is crucial for establishing a crypto-enabled ecosystem that supports cross-platform monetary exchanges. This innovation aligns with GIBO's broader vision to foster a verified, tokenized IP market, where creators, platforms, and audiences can efficiently participate without the barriers that historically encumbered such interactions.

This strategic move is seen as essential for adapting to the rapidly changing digital landscape, making the company a significant player in the future of content monetization.

Conclusion

GIBO Holdings' successful testing of the USDG.net payment engine is a pivotal development in the digital entertainment and cryptocurrency arenas. As the company looks forward to broader deployment and application of this technology, the focus will undoubtedly be on creating a seamless environment for creators and consumers alike, solidifying its position as a leader in digital content innovation. With features like real-time settlements and automated royalty distributions, GIBO is poised to change the way the industry interacts with digital currencies, offering a glimpse into the future of digital content monetization.

For more information about GIBO's initiatives and updates, you can visit GIBO Click.