Pumapay: Why You should Partake in the Token sales

in #blockchain6 years ago

PumaPay.jpg

For millions of individuals around the world, Cryptocurrencies are starting to become a daily necessity. The digital currencies are becoming a part of the world economy at a very outstanding rate. As these digital assets continually grow popular and more accepted, carrying out payments with the use of these currencies is becoming a necessity to their survival and success.

There is a requirement for the traditional method of payments to be integrated into the digital system of payment on the blockchain to create a hybrid platform which is easy to utilize for both fiat and cryptocurrencies. Putting that into consideration, PumaPay Is here to bring a revolution to payment worldwide. But first, what exactly is PumaPay?

What is PumaPay?

PumaPay is a detailed billing protocol which mixes the best traditional methods of payments alongside solutions which are blockchain based. It allows for more increased utilization of cryptocurrencies in offline and online outlets.

PumaPay offers a protocol which is based on the blockchain. It is free of charge and displaces the current and traditional billing methodologies based on the blockchain.

PumaPay Benefits

Some of the benefits include

  • It adapts to solutions for offline and online e-commerce outlets
  • It Aids in maintaining trust between businesses and customers using special privacy extensions and security
  • It aids in announcing a chargeback during transactions

How does it work?

PumaPay is created on the Ethereum Network’s backbone and it utilizes latest ERC233 token quality. This is crucial to note because of ERC233 aids in eradicating the danger of tokens getting lost due to incorrect executions of contracts.

The Protocol.

The PumaPay Protocol will be accessible to the community in to encourage development. Although the protocol comes alongside modules built in to encourage specific payment types, it is also created to facilitate community development. Its goal is to become a standard platform which businesses can utilize in the development of their blockchain payment solution.

Additionally, the merchants now have the means to control the areas of the transaction which consist of recurrence, currency, security measures and recipients. The protocol provides both customers and merchants with a seamless and safe payment method which is blockchain based.

PumaPay Token

The token which is also called PMA will be the currency that will be exchanged between users in the PumaPay Wallet. Although at first, ETH would be exchanged for PMA tokens, its value as time goes on will be dependent on the general PMA market. Additionally, on the system, it would be the stand-alone cryptocurrency.

The token is to be allocated as follows: The Company would get 30 percent while the public contributors would also get 30 percent. 17 percent would be allocated to the early adopters and strategic partners while 13 percent would be allocated to Bounty, Advisors, fees, and bonuses. Lastly, 10 percent would be allocated to the Founding Team.

Conclusion

To find out more about PumaPay or find out more about their offerings, ay a visit to the website: https://pumapay.io/ for more information.

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