About Loofta Pay

Loofta Pay is building the payment layer for the open economy — non-custodial, private, and cross-chain. Whether you're a freelancer invoicing a client in another country, a creator monetizing your audience, or anyone who wants to move money without giving up control, Loofta is built for you. Backed by MagicBlock's privacy infrastructure and cross-chain routing, Loofta makes crypto payments feel as easy as a link and as powerful as DeFi.

Mission

Loofta Pay is a non-custodial payment platform built for creators, freelancers, and anyone who wants to send and receive money on-chain — privately, instantly, and across any chain. Powered by MagicBlock's Private Ephemeral Rollup, Loofta lets you pay and get paid the way you actually want: without sacrificing privacy, flexibility, or your income.

We're on the road to mainnet and we're inviting the Solana community to help us spread the word. Try the app, experience it yourself, then create content that shows the world what crypto payments should feel like.

Road to Mainnet — Try It Now

Before creating content, we ask every participant to actually use the app. Here's what you can do today:

• Claim your unique username — Link your Twitter/X handle and reserve your Loofta identity before mainnet. Your username becomes your payment address.

• Send faucet USDC to a friend — Even if they're not on Loofta yet. They receive a link and can claim it with just their email or X handle. No wallet required on their end.

• Create a payment link — Set it up in under 60 seconds. Share it. Let anyone pay you in any token, on any chain, while you receive exactly what you configured.

App: pay.loofta.xyz Telegram: t.me/looftapay

Scope Detail

This bounty is open-ended. You are encouraged to be creative and personal — share your real experience using the app. There are no strict length, dimension, or formatting requirements. You may submit multiple entries across different formats.

Formats include:

• X threads

• Short-form videos (TikTok, YouTube Shorts, Reels)

• Long-form videos (YouTube, Loom)

• Memes

• Infographics or illustrated explainers

• Animations

What Your Content Should Cover

Your content must address both Loofta Pay and MagicBlock. Below is a guide to the key themes — you don't need to cover everything in one post, but the more depth the better.

Loofta Pay — Built for Creators & Freelancers

• Send and receive money across 25+ blockchains and any token — without the payer needing to hold the same asset as you

• Create a payment link in seconds and share it anywhere

• Claim your username and own your on-chain identity

• Send USDC to someone who doesn't have a wallet yet — they claim it with their email/ X handle

• Your earnings stay in your embedded wallet (powered by Privy) — no extra app needed

• Coming soon: earn on your idle balance + a debit card to spend your crypto income anywhere

MagicBlock — Private Ephemeral Rollup (PER)

• MagicBlock PER is the privacy layer underneath Loofta Pay

• Payments settle privately on Solana — transaction details stay between sender and receiver

• No compromise on speed or decentralization — ephemeral rollups process privately, then settle on-chain

• This is not a mixer — it's a purpose-built privacy primitive for compliant, real-world payments

• Withdrawals are routed through AML-compliant address verification, so privacy and compliance coexist

Privacy + Multi-chain Withdrawals

• Withdraw your balance privately to any of 25+ supported blockchains

• Choose any token you want on the way out — not just USDC

• Privacy doesn't mean locked in — you stay in control of where your money goes and in what form

Submission Requirements

• Content must be published and live on X (or another public platform for video)

• The post must tag @looftapay and @magicblock

• You must have tried the app before submitting — mention your experience in the content or submission notes

• Follow @looftapay on X before submitting

• Include a link to your live post in the submission form

If submitting multiple entries across formats, include your primary link in the "Link to your Submission" field and additional links in the "Anything Else" field.

Judging Criteria

• Accuracy — Does the content correctly explain Loofta Pay and MagicBlock PER?

• Clarity & Creativity — Is it easy to understand and genuinely engaging?

• Authenticity — Did you actually use the app? Does it show?

• Shareability — Would someone who doesn't know crypto forward this to a friend?

Reward Structure

Total pool: 600 USDC

Place Reward 1st 150 USDC 2nd 125 USDC 3rd 100 USDC 4th 75 USDC 5th 50 USDC

Best Video Bonus: +100 USDC — The single best video submission (any platform) receives an additional 100 USDC on top of their prize placement. This bonus is cumulative.

Loofta reserves the right not to award one or more prizes if submissions do not meet the expected standard for accuracy, quality, and originality.

FAQ

What is Loofta Pay? Loofta Pay is a non-custodial crypto payment platform for creators and freelancers. You create a payment link, share it, and receive funds in the token and chain of your choice — regardless of what the sender is paying with. Cross-chain routing happens automatically. No wallet required for the person paying you to get started.

What is MagicBlock's Private Ephemeral Rollup (PER)? MagicBlock PER is a privacy technology built on Solana. When you pay through Loofta using the private payment option, the transaction is processed through an ephemeral rollup that keeps payment details confidential between sender and receiver. Settlement still happens on-chain — it's not a black box — but the transaction details are shielded. This is the infrastructure that makes private payments on Solana production-ready.

Your income earns while it sits When you receive payments on Loofta, your USDC doesn't just wait around. Soon you'll be able to activate earning on your balance directly from the app — powered by one of the safest passive income vaults in DeFi. No lockups, no custodial risk, no manual steps. Your earnings compound quietly in the background while you focus on your work. It's the simplest way to make your freelance income work as hard as you do.

What are Loofta Points and how do I earn them? Every time you receive a payment on Loofta, you earn points. Points accumulate across all payments and unlock rewards and discounts with Loofta's partner ecosystem — including fee reductions, early access to new features, and partner perks. The more you use Loofta as your primary payment layer, the more you earn back just by getting paid.

How does private withdrawal work? When you're ready to move your funds, open your balance from the app and select Withdraw. You can send to any of 25+ supported blockchains in any token you want. Before the withdrawal goes through, your destination address is verified for AML compliance server-side. Privacy and compliance coexist on Loofta.

Do I need a crypto wallet to receive a payment? No. If someone sends you USDC via Loofta and you don't have a wallet, you receive a claim link you can open with your email. Loofta creates an embedded wallet for you in the background. No installs, no setup.

What's the Road to Mainnet? Loofta Pay is currently live with a working app, heading toward mainnet. Right now you can claim your unique username (linked to your Twitter/X), send USDC to friends, and create real payment links. The username you claim now is yours on mainnet. Earn and debit card features are also on the way — stay close.

Can I submit content in a language other than English? Yes. Non-English submissions are welcome. Accuracy and clarity in your language are what matter.

Can I submit more than one entry? Yes. You may submit multiple entries in different formats. Each is evaluated independently.

Resources

• App: pay.loofta.xyz

• Twitter: @looftapay

• MagicBlock: magicblock.gg / @magicblock

• Telegram: t.me/looftapay