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Overview

555x402 unifies the Render Network utility token $555 with the x402 pattern to make Web2 payments feel native while driving on‑chain outcomes. Viewers and advertisers pay in fiat or stablecoins; the 555x402 layer converts to $555 and/or Creator Token equivalents (per creator configuration) for buybacks, prize pools, and contract‑defined splits, and then routes off‑chain payouts (e.g., PayPal/bank) to clippers and viewers — no wallet required. The flow is simple: a request hits a 402‑protected endpoint, the client receives a signed Offer, completes payment via a facilitator, and retries with an X‑PAYMENT proof. The backend verifies, settles into the Monetization Contract on Solana, and disburses off‑chain. To the user, it looks like normal web payments; to the network, every interaction feeds the flywheel.
WIP: 555x402 specifications are under active development. Interfaces, receipt formats, and facilitator options may evolve as we progress through pilots and partner integrations.
Related: Fee Distribution (10/20/70) · Monetization Contract · CTRL Control Panel

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How It Works

1

402 Offer

Client calls a protected endpoint (e.g., POST /api/game/entry). Service returns HTTP 402 with a JSON Offer: amount, currency, TTL, purpose, and signature.
2

Approval

Client pays via fiat rails or USDC through a facilitator. Receives a proof/receipt that is verifiable on‑chain.
3

Retry with Proof

Client retries original request including X‑PAYMENT: Bearer <proof>. Service verifies and grants access.
4

Settlement & Payouts

Facilitator converts to $555 notional and posts to the Monetization Contract (buybacks, gamification fund, creator shares). Viewers/clippers get off‑chain payouts.

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Components

  • Monetization Contract — Encodes splits (creator, gamification fund, buybacks, platform), budgets, and events.
  • 555x402 SDK — Middleware for issuing 402 Offers, pricing, proof formats, retries, receipts, and webhooks.
  • Facilitator Layer — Custody/compliance (KYC/AML/PCI) and fiat rails; supports sub‑cent approvals.
  • Off‑Chain Payouts — Clipper/viewer/affiliate payouts via standard methods; reconciled back to contract state.

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Integrations

  • Studio & Control Panel — Sync overlays across Twitch/Kick/YouTube. Unpaid interactions return 402; approvals instantly update overlays and budgets.
  • 555 Gamification Engine — Gate boosts and entries with tiny fiat fees that pool into $555 prize funds; reward viewers off‑chain.
  • Monetization & Marketplace — Capture subs/tips and ad buys; instant bids tie into assets and contract distributions.
  • Render Expand — Premium multi‑streaming and fan‑to‑stake funnels; route a set percent to buybacks/gamification automatically.
  • Hybrid Access — Paid content on YouTube/Kick via 402; orchestrator nodes anchor access and settlements.

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Benefits

Viewers
  • Frictionless boosts/entries (e.g., 0.05fiat→‘0.05 fiat → `555` pooled) with real‑time feedback.
  • Gated highlights/reactions that feel like normal web payments; off‑chain rewards.
  • Optional staking funded by Web2 earnings.
Creators
  • Near‑net settlement (vs. 30–50% on legacy platforms) and faster cash flow.
  • Crypto UX abstracted; link accounts, configure once, and go.
  • On‑chain transparency (contract events) with off‑chain payout portability.
Advertisers
  • Programmatic, verifiable placements; sponsored interactions welcomed by staked audiences.
  • Micro‑campaigns at low fees with measurable ROI and instant approvals.

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Security & Compliance

  • Facilitator Governance — KYC/AML/PCI where required; geo‑rolled enablement.
  • Proofs & Replay Protection — Signed JWT receipts, HMAC X‑PAYMENT, TTL and nonce checks.
  • Proofs & Replay Protection — Receipt/proof formats are verifiable on‑chain (e.g., hash commitments) alongside HMAC X‑PAYMENT, TTL, and nonce checks.
  • Contract Controls — Versioned split templates, audit trails, emergency shutoffs.

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Developer Guide

  1. Protect Endpoint: Return 402 with JSON Offer and WWW‑Authenticate: X402 realm="render".
  2. Approve & Retry: Client processes fiat/USDC with facilitator; retries original call with X‑PAYMENT proof.
  3. Verify & Settle: Verify proof, map to $555 notional, emit events, and post to contract; enqueue off‑chain payouts.
Events: 402OfferCreated, 402PaymentApproved, 402SettlementQueued, 402SettlementPosted, 402PayoutComplete.

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KPIs

  • Creator net uplift (vs. baseline splits)
  • Viewer participation and repeat purchases
  • $555 buybacks funded and gamification pool growth
  • Time‑to‑cash (creator), payout success rates (viewers/clippers)

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Rollout

  • Phase 1 — Twitch/Kick overlays + games (tips/subs, boosts), facilitator (US), sub‑cent approvals.
  • Phase 2 — YouTube highlights marketplace, multi‑currency, global payouts.
  • Phase 3 — Programmatic ads, AI agents, partner bundles; open SDK GA.

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FAQs

  • Do viewers need wallets? No — pay with fiat or USDC; SDK abstracts crypto.
  • How are micro‑amounts viable? Aggregation and favorable facilitator pricing enable sub‑cent approvals.
  • Can I change splits? Within governance bounds; contract templates are versioned and creator‑scoped.
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