What is Paymon?
New companies and startups are created in the world of cryptocurrencies and blockchain technologies on a daily basis. All of them are devoted to solving issues in a particular sphere, however, very few of them succeed. This is an example of a successful project. It is Paymon, the company founded in Russia. The concept of the project has been under development since 2016. It is going to make the communication between the owners of cryptocurrency and users of blockchain easier. The team is working on a number of unique productive services which will completely upgrade the whole niche. Paymon will share its new perception of the blockchain technology, creating the solutions for current issues in the cryptocurrency world: the issue with calculations, obsolete framework, big cost of transactions. The project is going to advance all cryptocurrency tools.
Paymon started off from improving the flaws withing the technological framework of Bitcoin, Ethereum and other cryptocurrencies. The biggest disadvantages of digital currencies are the long time for processing transactions and high fees charged for them. That is why the team of Paymon set up their own blockchain based on DAG, with a unique verification algorithm. After that a new cryptocurrency appeared, which was called PMNС. The first stage of ICO brought a decent amount of investments and new connections in the sphere.
- One of the most interesting features of Paymon is its own messenger with the “cold” wallets. This feature quickly went viral, as it was ensuring complete safety for its users.
- Paymon also developed a breakthrough technology called Hive, which will let the customers to create smart-contracts as well as include their own enterprises and carry out transactions free of charge. They will also be able to analyze productivity and security of all the provided services.
- Profit is a business platform, where every developer will receive reward in cryptocurrency for the goods or services provided by them. Also, it will work together with Hive for creating smart-contracts and carrying out security checks.
The ICO details
The platform tokens are called PMNT tokens. The total supply is 1 billion tokens. The tokens will be created using the ERC 20 standard on the Ethereum smart-contracts. The tokens can be exchanged for PMNT. These coins are the cryptocurrency of the platform and can be used within it. The conversion will take place on the Personal Accounts of the users. The ICO will consist of 3 stages. 400 million, 250 million and 200 million tokens will be distributed during these stages respectively. The price of 1 token is 0.015$. The hard cap of the ICO is $50 million. All the collected funds will be allocated in the following way: 40% will go for marketing and expansion, 20% will go for development, 20% will go for the company development, 10% will go to the team, 5% will both go for legal support and diversification.
Join Paymon at: https://ico.paymon.org/
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