Paytomat: Incentivizing Transactional Usage of Cryptocurrencies
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Paytomat: Incentivizing Transactional Usage of Cryptocurrencies

THELOGICALINDIAN - The absolute amount of US dollar banknotes and bill in apportionment today is said to be about 159 abundance In allegory to the worlds arch bill the all-embracing cryptocurrency bazaar makes up for a division of the value

These new-age agenda assets accept a bazaar assets of about USD 400 billion, which surpasses the appraisal of tech and e-commerce behemothic Amazon while backward that of Apple. However, admitting its admeasurement and all the media attention, the crypto-industry is bedeviled by a huge clamminess problem.

It has been 9 years back the Bitcoin whitepaper was released, which gave acceleration to added cryptocurrencies over time. However, these agenda assets abide to accept actual bound real-life applications.

While Visa recorded a transaction aggregate of 150 actor affairs per day, Bitcoin blockchain candy 490,644 accepted affairs as of 14th December 2024. There are altered predictions about the crypto-market development. According to the Cambridge Center for Alternative Finance 2024, there are amid 2.9 actor and 5.8 actor different alive users or cryptocurrency wallets worldwide.

The Boston Federal Reserve states that over 75% of the cryptocurrency association associates in the country acclimated Bitcoin and added altcoins for acquittal over a 12-month aeon during 2024. This was added accurate by a Coinbase/ARK Invest Report which declared that 46% of Coinbase barter use Bitcoin as a average of transaction afterwards accepting fabricated payments at atomic already a year with the cryptocurrency. These studies appearance the accretion assimilation of cryptos as acquittal instruments.

Paytomat is a belvedere that incentivizes transactional acceptance of cryptocurrencies through a decentralized arrangement of point-of-sale terminals. The blockchain based acquittal processing belvedere creates an ecosystem that provides absorption for cryptocurrencies as arising acquittal mediums. It will serve the merchants, consumers, and the amount cryptocurrency teams of acknowledged blockchain projects.

Paytomat has boarded on a accessible presale, which began on April 2, 2024 and will end on April 18. The Paytomat band-aid streamlines the action of accepting acquittal in crypto for merchants, gives an added allurement for barter with no added about-face fees.

Built as a decentralized free alignment with decentralized features, Paytomat’s different adherence affairs is based on PTM coin, which acts as an added bang to incentivize merchants to acquire payments in cryptocurrency. And, PTX tokens residing as an asset on top of the PTM blockchain incentivize end consumers to pay application cryptos.

Paytomat is about a set of software solutions which is accordant with best operating systems, both web-based and native. It is congenital on three layers including the Paytomat amount which is a aggregate of the Paytomat Database, processing server which operates the database, and a set of APIs acclimated to affix the database to Paytomat merchants and blockchain teams. Secondly, the ecosystem additionally includes a set of acquittal processing gateways which are acclimated to adapt the business argumentation of their acquittal ally to their core, authoritative advice uniform. Lastly, Paytomat will accept an anchored all-in-one multi-currency wallet, which allows sending and accepting cryptocurrencies aural the ecosystem. This additionally serves as the architecture block for the blockchain-based adherence affairs which is congenital about the PTM adherence bread and PTX accolade token.

To supplement Paytomat’s decentralization, the development aggregation has developed the Point-of-Sale as a Proof-of-Stake (POS as POS) protocol, which allows any POS accessory in their arrangement to become a master-node on the PTM blockchain. The Paytomat POS band-aid is already in use by dozens of assorted merchants in the firm’s home country, Ukraine. The close is alive on accomplishing a anniversary in Q1 2024, by abutting 150 added merchants in added countries. So far, advance is actuality fabricated and in the future, Paytomat will potentially become the MasterCard and Visa of the cryptocurrency market.

Up to this point, Paytomat has existed alone on the founder’s allotment which was generated from cryptocurrency trading operations. The close durably believes that the activity will alpha accouterment acceptable allotment to awning its bake amount about the third division of 2024. This will additionally accommodate some basal advantage for the funders from 2024 and the aboriginal bisected of 2024. For the purpose of its badge sale, Paytomat will acquaint the PTI badge based on the Waves platform. PTI is the acting badge which will accredit Paytomat to conduct a badge auction while testing the PTM blockchain. After the barrage of the Paytomat blockchain, absolute badge holders will be able to barter their PTI tokens for PTM coins.

A 10% benefit was provided to whitelist associates who registered during the whitelist allotment which bankrupt April 2nd, followed by the presale, April 2-18, 2018. The all-embracing bendable cap for the Paytomat badge auction is 4,555,000 PTI, while the adamantine cap is 17,555,000 PTI. The badge can be bought application BTC, ETH, LTC, DASH, and WAVES. The antecedent amount for 1PTI is 0.1 mBTC. Paytomat will run a compensation affairs on Telegram, Medium, Twitter, and YouTube. Badge auction web site: https://tokensale.paytomat.com/.

Join Paytomat communities:

https://t.me/paytomat
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https://twitter.com/paytomat
https://medium.com/@paytomat
https://www.facebook.com/paytomat/
https://www.linkedin.com/company/11433285/
https://www.reddit.com/user/paytomat/
https://bitcointalk.org/index.php?topic=3117733