Paycoin is both an Internet payment system and a digital currency. The ICO, or Initial Coin Offering, began on Monday. Built upon the ground-breaking encryption technology of Bitcoin, Paycoin will offer immediate digital transactions to merchants around the world, and much more. Josh Garza, the CEO of GAWMiners, is not exaggerating when he says, “everything changes” with the ICO of his innovative, e-Commerce-friendly Paycoin.
No digital cryptocoin has ever launched with global partners and a 250 million dollar backing, nor partnerships with e-commerce giants like Amazon, Wal-Mart and Target, but Paycoin will, when it goes public in December. Big-ticket retailers especially appreciate the instant, fee-free Paycoin transactions and encrypted technology that prevents data breaches.
Paycoin is the first crypto coin ever to be launched with its own credit card, the first to be instantly accepted at all the “major retailers,” and the first to be listed on all the major crypto-currency exchanges immediately upon its launch.
Apparently the huge merchants and industry partners invested to such an unexpected degree during ICO Round One last week, that Round Three, the private investor round of the ICO, may have to be cancelled.
According to Garza, just enough of the pre-mined digital coins remain for his loyal customers at GAWminers and ZenCloud to purchase in Round 2. Garza’s faithful following will be buying up Paycoins, (previously code-named “Hashcoins,”) at or under $4, (in HashPoints,) each, beginning next week. They are expected to go public on December 19th with a market value of at least $20 USD.
Garza made it clear that their own organization will not
pre-mine any Paycoins. They will “compete” for them on the blockchain
just like all of his customers and the public can do. 1.2 billion
Paycoins will be mined over the next 15 years.
GawMiners CEO Garza makes the case that:
“Our customers deserve the same participation,” as the heavy hitters, so for once, the playing field has been leveled for small investors and loyal customers to get in with the behemoth partners.
Garza’s happy customers are also cloud mining Paycoin (and Bitcoin) on the ZenCloud with their limited edition “Prime Hashlets.” Bitcoin is expecting a huge boost from Paycoin as well, with a Coin Adoption Fund that will provide legal, PR and marketing resources to support cryptocurrencies worldwide. The increased activity on the blockchain will also help to speed up Bitcoin transactions.
For more information, read the White Paper at Paycoin.com and join the vivacious global mining community on Hashtalk.org.