Hello everyone, readers of my blog Syndrome ICO. I will explain a bit about the crypto currency project, This is most relevant in the world of crypto currency, which is characterized by its high volatility. I decided to look for a project where all the tools for productive, high-quality and profitable trading by crypto-currencies will gather. And this is the PAYGINE project.
The world’s first cryptocurrency, Bitcoin, was introduced in 2009 by a person (or group) known as Satoshi Nakamoto. Upon its release, Bitcoin was described as “a peer-to-peer electronic cash system.” Essentially, what cryptocurrency does is to replace the trusted third party behind a currency (like a bank or a government) with digital encryption. The currency is stored in a digital wallet with a private key, which is kept in the cloud or offline on a computer.
Cryptocurrency is predicated on cryptographic algorithms that are encrypted to confirm transactions. Cryptocurrency transactions are recorded on an online ledger called the “blockchain.” In the language of cryptocurrency, a “block” is a record of a new transaction. Once each block is completed, it is added to the chain, creating a chain of blocks: hence the term “blockchain.” The blockchain is therefore a secure, public record of each transaction involving cryptocurrency.
Over the last several years, cryptocurrency has entered the mainstream. Bitcoin, Etherium, and others have captured the public’s imagination and have intrigued investors and consumers alike. Yet while some people have started investing in Bitcoin (BTC) or other cryptocurrencies, few understand how they work, and even fewer know how to use them to fulfill their promise as a means of exchange that is digital yet un-hackable, that enables us to make transactions instantly and securely, and that cannot be controlled by governments, banks, or other middlemen.
Why Cryptocurrency?
Cryptocurrency and the innovative blockchain technology behind it are more than passing fads or investments. They help democratize banking and exchange services, making them available to billions of people around the world who are currently not serviced by the existing banking and financial system.Visit here https://www.paygine.com/
With cryptocurrency, no central bank is required. Instead, users can directly exchange currency, goods, or virtually anything of value with other users. Such an exchange is :
• Digital. It does not require physically mailing documents , titles, or satchels of cash.
• Instant. Much like sending an e-mail, the transaction can be transmitted world-wide in seconds.
• Secure. The military-grade encryption used by the system renders it unhackable.
• Worldwide. It is available to anyone, anywhere.
• Non-discriminatory. No central authority can block access or transactions.
What is Paygine Platform
Paygine is a financial platform designed to offer cryptocurrency-related services to both individuals and businesses, allowing for easier, faster, and less expensive currency transactions in a variety of usage scenarios. In short, Paygine is designed to help consumers and businesses use cryptocurrency as simply and conveniently as any other currency, in everyday life.
How it Works?
Paygine Platform + Business = Services for everyone
Best 2 pay => Paygine
Based on the needs of international banks and financial organizations, the founders of Best2Pay decided to create a new platform united by a single information technology system. The Paygine system is designed from the ground up to be seamless, convenient, and low-cost, and to overcome many barriers people run into when getting started using cryptocurrencies.
Paygine’s key competitive advantage over similar projects is that it leverages the existing Best2Pay services and technologies. The Paygine platform (under the Best2Pay brand) is already actively used by many merchants to accept payments using bank cards, and conducts more than two million transactions per month, with a turnover of more than $115 million per month. Read Whitepaper : https://www.paygine.com/assets/helpers/files/en.pdf
The Best2Pay service offers many advantages over competitors, including :
• Speed & Simplicity: clients can start accepting online payments in just one day
• Safety & Security: Best2Pay has a Level 1 certificate of compliance with international PCI DSS security requirements
• Cost Efficiency: Best2Pay is the only participant in Visa International’s “Bill Payments” program, enabling us to reduce the cost of the transaction interchange fee by 42.8%
Purpose
Paygine aims to bring Best2Pay’s services into the cryptocurrency future.
Initial Coin Offering
In order to raise funds necessary to develop the Paygine platform, the founders will hold an initial coin offering (ICO). The ICO will allow investors to obtain Paygine tokens (PGC) that will be used to pay for platform services. The ICO will have two major stages: pre-ICO and ICO. PGC tokens distributed during the preICO stage will be offered at the maximum discount.
• Purchase currency: BTC, ETH, or various fiat currencies (to be determined)
• Minimum amount needed to launch the project: $3,000,000
• Maximum amount: $30,000,000
Phases Of Tokensale
Pre-sale
26th December 2017
Purchase Rate: 1 USD = 1,4 PGC with a bonus of 40% SOFT CAP REACHED
Private Sale
18th May 2018 - 17th June 2018
Purchase Rate: 1 USD = 1,3 PGC * minimum $10k with a bonus of 30% PRIVATE SALE ENDED
Crowdsale
18th June 2018 - 17th August 2018
Purchase Rate: 1 USD = 1,3 PGC with a bonus of 30%
for the first week Show detailed bonus timeline
Distribution of Tokens
Scheme of the Funds Distribution:
Bonus System
Bonuses will be awarded depending on the timing and investment size. The earliest investors will be awarded with the larger bonus. The tickets exceeding 2 BTC are eligible for the special bonuses. Bonuses will be awarded depending on the timing and investment size. The earliest investors will be awarded with the larger bonus. The tickets exceeding 2 BTC are eligible for the special bonuses.
Roadmap
1 STAGE (36 MONTHS)
Buying banks: Paygine Bank Europe and Paygine Bank Caribbean
Implementation of core system, integration with accounting systems
Updating the peer-to-peer system
Adjusting existing payment gateway to work with cryptocurrency
Global open API for all services + blockchain (private DL)
Development of operational documentation and AML procedures
Registration of the exchanger + IT system
Workflow management, changing banks team, opening additional correspondent accounts
Launching the crypto-wallet service
Launching merchant account product
Own issue of cards to the wallet, virtual cards
Peer2Peer services on platform based on partnership
Peer2Peer service based on its own emission
Transfers from Europe to US and other countries
Agreements and integration with world crypto exchanges
Introduction of processing (emission and acquiring)
Entering the MPS + implementation and certification
2 STAGE (36 MONTHS)
Obtaining a license in all states
Money Transfer(MT) software, integration with external systems
Development of operational documentation and AML procedures
Global openAPI for all services + blockchain (integration of Paygine Banks via private DL)
Launching API for US-MX and US-EU transfers
API Launch for transfers in each state to the extent of MT license availability or entering into an agreement with local operating MT
Signing agreements and integration with major world cryptocurrencies
Creating an infrastructure for receiving and providing cash
3 STAGE (30 MONTHS)
Opening of Paygine Bank representative offices in Southeast Asia and the US
Connecting offices to the system Paygine core bank system
Global open API for all services + blockchain (uniting with PaygineBanks and MT (US) into one private DLT)
Registration in the MPS + connection of offices to the central processing
Adjustment of operational documentation andAML procedures for new activity in the representative offices
Closing of all cash flows of the platform in the banks of the Paygine group
Launching all services in Asia
Our Team
Advisors
Finally, what I can say is the tremendous potential of this company. All-round ICO is very striking. This is a great open road to enter the ICO world.
If you know how to improve our community.
If you know how to spread information about us in this world.
If you have any ideas for other improvements, it is a privilege
If you all participate in our bounty.
More Information Visit The PAYGINE Link:
Website : https://www.paygine.com/
Whitepaper : https://www.paygine.com/assets/helpers/files/en.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2916009
Telegram : https://t.me/paygine_official
Facebook : https://www.facebook.com/Paygine/
Twitter : https://twitter.com/paygine
Author : Eslilin667
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1592209
Eth Address : 0x8BF5F2559AeAe3f5CBf48cD6994A3fDb9B2Bc0a8