Paygine (PGC) Overview

Paygine
Paygine (PGC) Overview

 Paygine is an open Financial Blockchain platform for Fintech and Crypto business.

Ticker PGC
Start of Pre-ICO 26.12.2017
End of Pre-ICO 26.12.2017
Start of ICO 18.06.2018
End of ICO 17.09.2018
Initial price 1 PGC = 1 USD
Total tokens 151 750 000 PGC
Hard cap 30 000 000 USD
Soft cap 3 000 000 USD

Business model

The project is designed to serve FinTech and crypto-business needs in areas of money remittance, cryptocurrency exchange, and payment for “real” goods and services under White Label solution. There will be high demand for project services among a wide range of companies wishing to start accepting crypto currency payments or developing their own financial services based on crypto currency, if the project will be fully and competently implemented.

Tokenomics

Token is used to pay for goods and services on the platform by pegging the minimal rate of 1 PGC=1 USD. Tokens can be purchased at the Pre-ICO and ICO stage with a discount of up to 29%, by adding bonus tokens for the purchase. This measure is designed to insure the investor from excessive depreciation of the asset.

Market analysis

Paygine is designed to solve crucial problems of the crypto-currency market that deter it from reaching the next level . However, the introduction of the cryptocurrency regulation at the international level will reduce the severity of the problem and will result in increased competition from both traditional banks and other payment systems.

Team

Top team members have the long-term experience in the banking sector and are the management team of the processing center Best2pay - one of the leaders in online loan repayment and peer2peer transfers. The project developers have limited experience in Blockchain, which is not essential for the implementation of the first stages of the road map.

Partnerships

It is not clear whether the partners of Best2Pay are guaranteed future consumers of project services, or what is the level of involvement of Best2Pay partners in the project implementation process.

Marketing strategy

Marketing strategy after ICO is not disclosed in public domain. ICO marketing campaign includes an extensive bounty, airdrop and active promotion in social networks.

Risks

In addition to inherent risk of crypto industry, we identified market risk associated with potentially strongly competitive market.

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