Hello everyone, my blog will introduce the Paygine project and the following is the comment:
About PAYGINE
PAYGINE is an open financial platform that allows consumers and businesses to use cryptocurrencies in their everyday life, dramatically improving various are as of payment processing services. Paygine’s core team has a success ful track record of building the second largest processing company in Russia–Best 2 Pay, with a transaction volume of $ 86 m permont hand extraordinary growth over the past 2 years of operations (+10,650 % in transaction volumes ). Best 2 Pay works with over 60 leading Russian private and state banks (incl.VTB, Sberbank, Uni Credit Bank) and has over one million active customers.
HOW IT WORKS?
The paygine platform using the open API and existing Best2Pay services to offer something fundamentally new to the market. With Paygine services (Best2Pay) clients can accept payment in just one day and also help to implement any complex project of the client.
With Paygine, all services will be provided to clients through a joint application programming interface (API) and this will be used to develop the busiinesses of Paygine’s clients.
The Paygine platform will be using an ERC-20 standard token known as the PGC. The PGC will be used to pay for any transactions carried out in the Paygine ecosystem. It will also issued to investors during the initial coin offering (ICO) that is currently on going.
WHY INVEST IN PAYGINE
For every investor, the major question is why should I invest in this project? With my simple reasons I hope you get to see why you should choose Paygine compared to other similar projects out there. Before going further I would love to emphasize that the Paygine platform was created by the founders of Pay Engine Limited that owns Best2Pay platform, This is a company that is already in existence.
Paygine is a platform that strongly believe that everybody should be given access to financial services and with an access to these services they will be able to achieve their dreams. Paygine is a platform that dreams of solving the challenges faced by FinTech companies and with you investing in their ICO I see no reason why that dream will not come to pass.
WHAT PAYGINE OFFERS
The Paygine platform offers a lot of services and these services are available to all investor/clients on the Paygine platform. Some of the services offered by Paygine using Best2Pay technology includes;
- Paying using cryptocurrency card in shops and stores across the globe
- Transferring cryptocurrency to a bank card and receiving to a bank card.
- Carrying out a cross-border transfer of fiat money with the aid of cryptocurrency to avoid high cost of transaction.
- Acknowledging and accepting cryptocurrency as a valid means for payment of goods and service at online stores
- Help to maintain the wallet for fiat money and cryptocurrencies, with a way to easily and quickly convert or exchange funds between them.
ICO AND TOKEN DETAILS
Paygine will be running their ICO in two stages, they are;
- Pre-ICO and the ICO
- Purchase currency: BTC, ETH, Fiat currency
- Minimum amount needed for start up: $3, 000, 000
- Maximum amount: $30, 000, 000
The Paygine platform will be using an ERC-20 standard token known as the PGC. The PGC is pegged at 1 PGC = 1 USD and will be used to pay for any transactions carried out in the Paygine ecosystem. It will also issued to investors during the initial coin offering (ICO) that is currently on going.
Once the PGC token becomes very popular and gains liquidity, it will be used as internal technical currency, when it comes to money transfer system instead of using BTC and ETH.
DISTRIBUTION OF TOKENS
Name and logo of the token: PGC
Purchase Rate: 1.00 PGC = 1.00 USD
Blockchain: Ethereum, ERC20
Tokens distributed among the investors of the project will be 41 508 000 PGC (27.35%)
Tokens distributed among the project team members will be 22 500 000 PGC (14.83%)
Tokens allocated to the reserve will be 86 550 392 PGC (57.03%)
Tokens retired to the bounty will be 1 191 608 PGC (0.79%)
Scheme of the funds distribution:
ROADMAP
The Paygine rooadmap is in three (3) stages as shown below
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