Vote for Your Coin

in #crypto6 years ago (edited)

Every month we have dozens of requests regarding adding new coins into Paytomat system. We were testing different solutions but they all required lots of manual work from our side. Thus, after some initial testing we announce a new tool — Paytomat Coin Voter.

Purpose

According to Coinmarketcap there over 2000 different coins and tokens. They all have different purposes and a certain place in the blockchain ecosystem. That creates a lack of clarity for us as developers, as well as time consumption to make a research on every single blockchain.

On top of that, we don’t want to feel guilty of not adding the coin that our community really wants to use on a daily basis. On the contrary, we are eager to work with projects that have some potential and an excellent support from their community. So, make your coin great again:)

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Rules

The rules are quite simple but make sure to follow them:

  • Each month only one coin can be added to our system. The time left will be displayed in a form of countdown on a website.
  • The top project with the highest number of points will be elected and added to Paytomat Core and Paytomat Wallet. Integration time can vary due to unique aspects of setting up full node of particular blockchain.
  • The minimum number of points to be elected is 200,000. If the project didn’t hit 200,000 points, it will still stay on the list until it hits the minimum requirement to be listed.
  • Some coins are already added in only one component of Paytomat infrastructure (Core or Wallet). In this case, if it is elected at the end of the voting period, it will be added to the missing component.
  • ERC20 and EOS tokens can’t be added to Paytomat Core. However you can use them already in Paytomat Wallet.

By the way, for those who are not familiar with our project, Paytomat Core is responsible for enabling payments in point of sale modules, e-commerce plugins, Merchant App. Paytomat Wallet is responsible for managing, holding and trading your assets through your mobile device.

How to use it

We believe that community is the best indicator of the health of the project which is why we designed the voting process based on various contributions. Most of them require creating social engagement and activity, however you can use financial contributions as well.

In order to vote for your favorite coin, you can use the following actions:

  • Go to vote.paytomat.com
  • Search the coin you would like to be added to Paytomat Core and Wallet.
  • Click Vote and choose your preferable way to vote. For having better chances of your coin to win, you might want to consider solving multiple tasks.

Score board

At the moment there are 6 contest activities you can participate in. Each activity has its own number of points that depends on the difficulty:

  • PTI top up  — $1 equivalent in PTIs = 100 points
  • Retweet  — 20 points
  • Tweet  — 10 points
  • Tweet like  — 1 point
  • Telegram vote  — 1 point

Funds distribution

All of the funds received through financial contribution will be distributed in the following way:

  • 10% — an airdrop within the community.
  • 10% — charitable foundations that accept payments through Paytomat.
  • 80% — integration costs.

If you are still not sure how it works, contact us at https://t.me/paytomat

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