PAYGINE: AN OPEN FINANCIAL PLATFORM

jamisky (42)in #cryptocurrencies • 6 years ago (edited)

Since the introduction of bitcoin in 2009, there has been a tremendous increase in the rate of adoption of blockchain technology, bitcoin and other alternate cryptocurrencies such as Etherum, Neo, Ripple and many others. The beauty of blockchain cannot be overemphasized. A technology that creates a world in which contracts are embedded in digital code and stored in a transparent and shared database. In this database, the codes are protected from deletion, tampering, and revision. Therefore, offering a high level of security and privacy to its enthusiasts. It is a known fact that application of blockchain technology offers great potential because of its massive adoption and disruption it’s causing to the global economies by providing them with more sophisticated solutions to the current problem. Despite this widespread and usage of cryptocurrency across the globe, many holders of cryptocurrency do not understand how it works and how cryptocurrency can truly serve them as the ultimate digital currency. To solve this pending problem, Paygine provides crypto holders an opportunity to easily use cryptocurrency to buy goods and services online and even at retail shops, store crypto in a save wallet, transfer and receive payment from anywhere on the planet and more importantly users of Paygine users will be able to carry their wealth wherever they go.

ABOUT PAYGINE
The vision behind Paygine is to create an open financial platform designed to work within its own banking structure and designed to serve Fintech businesses in the field of money transfers, cryptocurrency exchange and payment for real goods and services globally while providing this service providing services based on White Label principle. All services of the Paygine platform will be provided to customers through a single open API. The company will not provide services directly to individuals but will provide services to Fintech-companies, online stores, and services, platforms, aggregators, uniting individuals to make transactions with each other, etc., which provide services to their customers (individuals and businesses), thereby creating a completely new ecosystem around the platform.

SERVICES AVAILABLE ON PAYGINE
The Paygine platform would offer its users many of the benefits of decentralization through its decentralized peer to peer network by allowing them to perform a transparent, safe and secure transaction. The following services by utilizing Best2Pay existing technology:

Transferring cryptocurrency to/from a bank card
Paying in shops and stores using a card in cryptocurrency
Accepting cryptocurrency as a payment for goods and services at online stores
Carrying out cross-border transfers of fiat currencies by means of cryptocurrency with minimal costs
Maintaining wallets in both fiat currencies and cryptocurrencies with the ability to conveniently and quickly convert funds between them.

THE ROAD MAP

The PGC TOKEN
The PGC token will be Paygine native token and the utility token within the Paygine ecosystem. PGC is built on Etherum blockchain according to the ERC-20 token standards. It will be used as payment for all transactions within the Paygine ecosystem.
Token Details
Token Name: PGC
Token type: ERC-20
Price per PGC: $1
Total Supply: 151,750,000 PGC
Total Token available for sale: 41,508,000 PGC ( 27.35% of the total supply)
Team: 22,500,000 PGC ( 14.83% of the total pool)
Bounties: 1,191,608 PGC ( 0.79% of the total supply)
Reserve: 86,550,392 PGC ( 57.03% of the total supply)
Unsold token during the token sale period will not be burnt but sent to the reserve for use on Paygine platform in the future.