Crypto is a vast and exciting word, which is constantly growing. This world is leading to the creation of many new technologies. In fact, there is almost a new crypto-related technology being released every week. Despite these breakthroughs, some things plague this space. Many crypto users often end up falling for scams.
How PayVX Will Help The Crypto World
The goal of the PayVX project is to get rid of issues that affect the crypto users with the use of a safe and secure escrow service. To achieve their goal, they will ensure that the service can process a wide array of currencies. With the help of the blockchain, they will ensure that each payment remains safe and takes place fast.
On the PayVX platform, users can also buy and sell goods and services. This will include things such as electronics, clothes, software, media content, and much more. Best of all, this marketplace will be secured by the blockchain.
Besides protecting your funds, this platform will also protect your identity. Merchants usually need your passwords, usernames, payment details, and other personal data to deliver services to you. It means there are probably thousands of databases globally with your personal data.
PayVX intends to use the blockchain to ensure that your personal data remains safe at all times. The blockchain will ensure that users remain in control. It is obvious that the existing data security model does not work. However, the blockchain can make it possible to protect consumer data and reputations of businesses.
How To Secure Personal Data
A collaboration of biometric security and the blockchain private keys controlled by users will change how data is controlled. It is especially important since the most popular password in the world remain “123456.”
Besides better security, this will ensure users have full control of their personal data. The blockchain has always been recognized as a safe way to store data. This is due to the zero-knowledge storage, security, trust, and privacy that makes it possible. In fact, no blockchain network has been hacked to date.
About The PVX Token
PVX is not a security token. The token will be used via the PayVX platform. Thus, it is not designed to be an investment. There is also no promise that its price will grow in future. The aim of this token is to support the PayVX ecosystem. Those who acquire these tokens should only utilize them for personal use and not as securities. The aim of this project is to let users utilize the tokens within the platform.
PayVX ICO Details
The tokens will trade under the PVX symbol. The pre-ICO already took place on March 20, 2018. The ICO is slated to take place on May 1, 2018. It will conclude on July 4, 2018. There will be a token supply of one billion tokens. For the purposes of crowdfunding, 800 million tokens will be sold.
The ICO has a hard cap of USD 25 million. Participants can buy tokens in BTC, ETH, or LTC. These are ERC20 standard tokens. They will come with 18 decimal units, and any unsold tokens will be burned.
- Token Symbol: PVX
- Token Sale Starts: March 20 , 2018
- Token Sale Ends: Julio 4, 2018
- Total Supply: 1 Billion
- Token Standard: ERC 20
- Pre Sale Hard Cap: 11 Million
- Sale Hard Cap: 25 Million