Former X product lead Nikita praised Paid’s mechanism for routing token fee-sharing payouts to celebrity X Money accounts, calling it a highly creative solution. At the same time, he said people who do not want to be tied to a token should be given a way to opt out or remove the association. Nikita also warned that traders could end up harassing users, pushing them to endorse products and help spread spam replies.
The comments came as Paid’s newly launched permissionless fee-sharing feature drew heavy discussion across the community. According to the project, 80% of fees are sent to X users through X Money, while the remaining 20% is converted into SOL to buy back the PAID token. Token issuers can trigger the distribution by adding an X handle to a project description. That means public figures on X can receive payouts through X Money without registering for Paid or giving prior consent.
Paid said on Friday that its automatic creator fee-splitting tool has already distributed $1.44 million to X Money users. Market data cited from GMGN showed PAID on Solana surpassed a $40 million market capitalization on the day, with a 24-hour gain of more than 360% and trading volume reaching $32.8 million.
Former X product lead Nikita said Paid’s approach of sending token fee-sharing payouts to celebrity X Money accounts is 「a highly creative solution」.
He added that people should be able to opt out or remove the link if they do not want to be associated with a given token. Nikita also said he could imagine traders harassing users, asking them to endorse a product and help send spam replies.
Permissionless payout feature sparks debate
Paid’s newly launched feature, which routes token fee-sharing to X Money accounts without prior permission, has triggered broad discussion in the community. The project said 80% of fees are sent to X users through X Money, while 20% is converted into SOL for PAID buybacks.
Issuers can send the fees through X Money by adding an X handle to a project’s text description. Public figures on X do not need to register for Paid or give consent in order to receive the distributions through X Money.
Some celebrities on X joked that their X Money accounts were being hit by a DDOS attack because they kept receiving payout notifications from the fee-sharing system.
Paid discloses distribution total and token market data
PAID said in an announcement on Friday that its automatic creator fee-splitting tool has so far distributed $1.44 million to X Money users.
According to GMGN market data, PAID on Solana rose above a $40 million market capitalization on the day. The token was up more than 360% over 24 hours, while trading volume reached $32.8 million.
BlockBeats warned that the related token has seen sharp price swings and that investors should be cautious.
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