PAYGINE: THE FUTURE FINANCIAL STABILITY
LuchikSvetaPaygine is a financial platform designed for currency payments in the world of cryptocurrency and currency exchange with coin can also be payment for "real" goods,
Paygine itself can be used by all parties including companies, businessmen and individuals or groups Based on the needs of international banks and financial organizations, the founders
Best2Pay decided to create a new platform unified by one IT system with a new platform called Paygine.
Paygine itself is launched by international banks and financial organizations, to simplify and shorten payments or buy and sell transactions in the world of cryptocurrency The key competitive advantage of Paygine over similar projects is that it can utilize
services and technology Best2Pay currently used by FinTech's business,
e-commerce, and so on.
The Paygine platform will offer the following services by utilizing Best2Pay
Existing technology:
- credit card paygine
- coin paygine ataw (PGC)
- payment tool called FinTech
- exchange tools in the world of cryptocurrency
- Paygine currency in the world in gital.
The company's financial technology proposes solutions to different problems but there is no development or support from surrounding communities, the problems facing Paygine teams have a dream of developing their own paygine to advance and boost the existence of the paygine redemption tool in the cryptocurrency world.PAYMENT IN ONLINE MARKET AND BORROWING.
Revenue 2015-2017 per month, loan payments, and inter-peer transfers
(USD, millions)
The Paygine platform would offer the following services by utilizing Best2Pay existing technology:
- Transferring cryptocurrency to/from a bank card;
- Paying in shops and stores using a card in cryptocurrency;
- Accepting cryptocurrency as a payment for goods and services at online stores;
- Carrying out cross-border transfers of fiat currencies by means of cryptocurrency with minimal costs;
- Maintaining wallets in both fiat currencies and cryptocurrencies with the ability to conveniently and quickly convert funds between them.
Best2Pay and was founded in the UK in 2012 by experts from the banking sector with experience in implementing projects in American Express, SEB, Raiffeisenbank, Bank St. Petersburg, Russian Standard Bank and Sberbank.Best2Pay services uses projects from the field of fintech and e-commerce to serve more than 1.5 million customers, whose number is growing by 34% monthly.Best2Pay platform allows to implement a project of any complexity, which will take into account the unique features of business processes, infrastructure and client's target client audience
We came up with the idea to build an open financial platform that includes own banks (banks owned by platform founders) in 2017. At that time, we, together with our partners, were launching a bitcoin-based remittance system for money transfers from the US to Mexico. We have developed an IT-system, resolved all legal issues with the assistance of lawyers, and obtained a legal opinion that confirmed the legality of our operations and actions.
It seemed that only one small thing was lacking — to find banks that were ready to cooperate — and there our problems began. As soon as they learned we were going to use Bitcoin as a payment method, banks would immediately refuse to service us, despite all the documents and legal opinions provided. We faced the same problem when we tried to set up a last-mile remittance service in Europe. All solutions were way too complex — with a multitude of intermediaries — and did not guarantee to operate stably for more than 1 or 2 months, even given that, in addition to having the legal opinion, we complied with all AML/KYC requirements. But this was no help. Banks and financial institutions simply refused to work with us when they heard “bitcoin”, for no real reason at all!
The second problem we faced in the United States and Europe was that even if some financial institutions would not stop negotiating after hearing “bitcoin”, it turned out they simply did not have any white label options and could not provide us with all services we needed through APIs. This resulted in our clients having to contact directly our partners, submit a whole lot of documents, use their interface, etc.As we found out later, more than 79% of FinTech startups and crypto-related CME are struggling with these two problems. Currently, according to different estimates, the total cryptocurrency market cap has exceeded several hundreds billion US dollars — and most of that money is not available to the real economy sector or to real people in their everyday lives!That is exactly why we decided to offer something fundamentally new to the market.
INFORMATION ABOUT TOKEN
The name of the token PGC
Price. 1, 00 PGC = 1.00 USD
Blockchain: Ethereum ERC20
PUBLIC SALE
18 JUL 2018 - AUG 2018 17
The use of tokens:
After the project launch, each holder will have the right to pay for goods or services with tokens in the ratio of 1 PGC = 1 USD.
All unsold token will be sent there for use on the Paygine platform in the future.
The total number of tokens: 151 750 000 PGC
Tokens distributed among the project investors will amount to 41 508 000 PGC (27.92%),
The tokens distributed among the project team members will amount to 22 500 000 PGC (14,71%)
The tokens allocated for the reserves will amount to 87 742 392 PGC (56.59%)
The retirement points for payment will be 1 191 608 PGC (0.78%)
allocation of funds:
The purchase of the Bank (64,9%)
Staff (18.3%)
Legal costs (registration, license, consultations) (4.8%)
Operating costs (0.3%)
Rent (1,3%)
Purchase the software and its settings (10.3%)
DISTRIBUTION OF TOKENS
and projected use of incomeName and logo of the token:PGC
Price:1.00 PGC = 1.00 USDBlockchain:Ethereum, ERC20
Using the token:After the launch of the project, each holder will have the right to pay for goods or services using tokens in the ratio 1 PGC = 1 USD.All unsold tokens will be sent to thereserve for use on the Paygine platform in the future.
AnnThread: https://bitcointalk.org/index.php?topic=4147203
Paygine bounty: https://t.me/PaygineBounty
Whitepaper: https://paygine.com/assets/helpers/files/en.pdf
Telegram chat: https://t.me/PaygineBounty
Facebook: https://web.facebook.com/Paygine/?_rdc=1&_rdr
Twitter: https://twitter.com/paygine
Hastang #paygine