Among the most pressing issues affecting the cryptocurrency community are matters pertaining scaling, old architecture, high transactional costs and low speed. Paymon, however, has a solution through its view of the standard blockchain. Let’s look at this company and their forthcoming ICO in detail.
It is an upcoming platform that is poised to conveniently allow withdrawal and deposit of digital currencies via direct communication. Through their new project, they’ll be able to unite and ease the interaction between cryptocurrency holders and blockchain technology enthusiasts. And the best bit of it is, you will be free to transfer your Bitcoin, Ethereum, Litecoin, Dash and other cryptocurrencies without paying exorbitant transactional fees.
Through a Directed Acyclic Graph (blockchain) called Hive, you will make transactions without hefty fees or have to endure long waiting hours. Paymon’s new blockchain will, therefore, improve every cryptocurrency instrument, right from tech and infrastructure to the current regulations with regulatory compliance. Additionally, this project will be a huge window of investment, and it can even be a perfect alternative to the current digital currencies.
About Paymon’s Development Process – Roadmap and Milestone
The main developers of Paymon have been working together since 2016 and what makes their creation better is how convenient it will be to use. There are intuitive MVP Android and iOS apps launched in 2017 and as the mega ICO beckons much is at stake.
Basically, its tokens will easily be transferrable via a blockchain messenger and thus allow its users to transact individually, smoothly and on their own. But you can get a deeper, more insightful understanding of how Paymon will work through its Whitepaper!
Would You Like to be Among the First Investors of Paymon?
Given that Paymon is brand-new, everyone is invited to test this groundbreaking technology Hive. Along with a business platform Profit, you will be able to create smart contracts and transact with zero fees. Also, you will be invited to test its efficiency as well as giving an honest review of the services.
Paymon PMNT ICO and Distribution
Before looking at the forthcoming ICO which is expected to help finance the final touches of this coin, it’s worth noting that its initial financiers where FinShi Capital. This Singaporean company offered $500, 000 in 2017 and that were the funds that helped kick-start this whole project.
- Starts on February 2nd, 2018 and runs all the way to March 5th, 2018.
- The platform is built on Ethereum, and the PMNT tokens are ERC-20 compliant.
- There will be 1,000,000,000 PMNT tokens though 150,000,000 will be reserved for the company.
- The ICO will be the first stage of their token sale, and each PMNT token will be worth 0.015 USD for the 400 million available tokens.
- Subsequent prices will be announced for the 2nd and 3rd token sale.
- Soft cap $500,000.
- Hard cap 8,250,000.
- Out of the funds raised from the ICO, they’ll distribute them to development, marketing, Paymon team, and Licensing.
- Cryptocurrencies accepted: ETH, XRP, BTC, DASH, BCH, XMR, LTC, and ZEC. Also, fiat. currency is acceptable (USD).
Can Paymon PMNT Be Sustainable?
Yes – you will be able to convert PMNT tokens to fiat or any of the cryptocurrencies or use them to purchase goods and services at specific partner stores or even use them in different ICOs.