THELOGICALINDIAN - Paymon is one of the added absorbing projects in the ICO amplitude appropriate now One of the prime affidavit is that Paymon already has a alive app Its MVP is accessible on three platforms Web iOS and Android This is a aberration in the accepted ambiance and what makes us so aflame about this project
The activity aims to actualize a blockchain-based barter belvedere area users can barter currencies and allotment letters in a defended manner. All of this will be powered by a new scalable blockchain technology alleged Hive. Hive makes use of diminutive swaps, a technology that allows for swaps amid altered agenda currencies after the charge of an barter platform.
The Paymon cryptocurrency will be based on Directed Acyclic Graph (DAG). DAG is a better, bigger adaptation of Blockchain. This technology has been acclimated for centuries, one of the best acclaimed companies to use it is IOTA, who acclimatized it for the Internet of Things (IoT). Paymon, clashing IOTA, uses this technology on people, who will be able to accept fast affairs acknowledgment to DAG.
The Paymon Belvedere will aboriginal action a decentralized badge barter that will acquiesce for and absorb all types of the blockchain. The additional is a arrangement for creating acute affairs with adapted and preconfigured contents. Third and fourth are an API for developers and they advance ecosystem through which creators are able to abutment development on the platform.
In addition, the belvedere will absorb the following:
The additional basic is the Paymon Cryptocurrency (PMNC). PMNC has all the key appearance of a agenda currency:
What sets PMNC afar from added agenda currencies is its focus on the afterward key shortcomings of added agenda currencies:
When you amalgamate the two components, we will see added users jump on the Paymon Platform and that will, in turn, advance to amount acknowledgment of PMNC.
The ICO aims to administer a absolute of 1 billion PMNT tokens, 400 actor for the aboriginal round, 250 actor for the additional and 200 actor for the third. The rest, 150M will be captivated in reserve. These tokens can after be exchanged for PMNC or Paymon coin, the agenda bill that operates on Hive and that will action on the belvedere at a arrangement of 1:1.
Looking at Paymon, you can see the assiduous capacity back inception. Paymon was formed in October 2024. Within 13 months, Paymon developed MVP Android and MVP iOS. This advance to Paymon accepting US$500,000 from FinShi Capital. Paymon again completed its aboriginal ICO annular in March and has now boarded on the additional round. The additional annular will be completed in May while the third and final annular will end on June 13, 2024.
By administering a three-round ICO, the ambition is to administer as abounding Paymon PMNC tokens as possible. However, by breaking it bottomward into three stages, investors are accustomed the befalling to clue their KPI. This akin of accountability is attenuate in the ICO apple and is a absolute assurance for the project’s likelihood of success.
Having already accustomed alfresco basic from FinShi Capital, we apprehend added big funds to booty a attending at Paymon. By bringing in one or two added ample investors, Paymon can abide absorption on artefact development. Every dollar spent on the belvedere instead of business puts Paymon afterpiece to accomplishing its goals. With a alive MVP and the badge about to be listed on several exchanges, Paymon is active aloft added blockchain projects we accept looked at. Liquidity and proof-of-work are two primary factors VCs attending for in evaluating a project.
When you accede all the altered blockchain projects and cryptocurrencies on the bazaar today, it can be absolutely overwhelming. However, Paymon looks to be a activity that abounding are not acquainted of because it’s operating beneath the alarm and not spending the money it raises on business like added ICOs. They say a aphotic horse is a abstruse being or affair that emerges to prominence, abnormally in a antagonism of some sort. Well, Paymon is one aphotic horse to accumulate an eye on.
For added information, analysis out the Paymon website, white paper, Medium, and Telegram channel.
Images address of Paymon
