What is AllScale
AllScale is a new self-custody, decentralised technology platform in the blockchain space that aims to change the way businesses, companies, and individuals send and receive money using stablecoins in minutes across the world, without the interference of traditional banks or the need for complex crypto keys.
The company has secured a partnership with BNB Chain, allowing it to leverage the speed, security, and low gas fees for settlement of payments using stablecoins across the world using its payment infrastructure.
With the stablecoin industry speculated to become a trillion-dollar market, AllScale and its team are positioning themselves to provide a solution to payment and cross-border settlement that has affected many businesses and companies for years, as a result of the traditional finance system failing to provide seamless, instant, and cheap payment infrastructure without payment delays. AllScale finance platform provides all of these with ease.
AllScale Team – Who Are Behind AllScale
AllScale team is founded by a team of experienced developers, financial experts, and builders who have a deep understanding of distributed systems, compliance, finance, and payment systems, which allows them to put all of this knowledge into a product that will be sustainable and meet the needs of many businesses, large and small.
It team consists of ex-Binance team Co-Founders of this project, Khalil Lin, also a Co-Founder of AllScale, licensed NY attorney with 8+ years in payment & crypto compliance, Former Compliance Manager @Kraken, Block & OKCoin, Expert in U.S. payment & crypto regulations, and now building the Stablecoin OS to make global payments actually work for freelancers, creators & small businesses.
Their experience in building a sustainable product in the blockchain space has allowed them to gain the trust and attention of capital ventures for the crypto project.
Contributors and Funding
AllScale, on its official X account, announced a $5 million Seed round led by YZi Labs, Informed Ventures, and Generative Ventures to build the world’s first self-custody stablecoin neobank for global microbusinesses.
The platform enables instant stablecoin payments, self-custody wallets, and invoicing tools powered by account abstraction and LLM-enabled copilots, addressing high fees and slow settlement times in traditional systems.
It has also earned strong backing from industry leaders such as Binance, OKX, Kraken, Block, Capital One, and more. AllScale aims to provide cross-border payment solutions to micro-businesses, freelancers, and content creators across the world, including Africa.
AllScale Airdrop – Step-by-step Guide
AllScale’s $5 million in funding indicates the seriousness of this project, as users who participate in activities in its ecosystem can earn points through invoice creation and payment, as well as by completing simple tasks. Here is how to get started on the AllScale platform:
1. Go to the website and create an account. Use a mobile phone
2. Create a wallet on the platform
3. Create and pay invoices
4. Open the Rewards tab, complete tasks, and invite friends
Key Takeaways of AllScale Airdrop
AllScale’s approach combines blockchain transparency with a user-friendly interface, eliminating the need for wallet passkeys and other blockchain complexities to provide simple, clean payment solutions for businesses and companies using stablecoins and blockchain technologies, enabling cross-border payments with ease. With backing from the likes of Yzilabs, its project aims to provide fast, secure, and cheap payment solutions to all.
With its recently secured $5 million seed round, the team will use these funds to further grow its ecosystem, providing seamless service and other features that could sustain its project.
Community Details
To stay informed and updated on community happenings, these are community pages to get firsthand information.
🌐 Website: http://www.allscale.io/
🐦 Twitter/X: https://x.com/allscaleio
💬 Discord: https://discord.gg/vjDA9zz5P6
📝 Docs: https://tr.ee/RIbq5NFIhw
If you are interested in farming similar projects, we recommend reading our other recent or ongoing airdrops that are worth checking out. Because at UseTheBitcoin, we make sure you do not miss out on some of the potential airdrops that are worth your time and attention to maximize your gains!
