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What Is PaxPay?
The company aims at providing the various consumers in the crypto market with a new and innovative experience when they are spending, sending some money, selling or merely buying. So the company has seen the solution to this problem that exists in the market is by creating an all in one platform that will cater for all your transaction needs.
The company aims at providing the various consumers in the crypto market with a new and innovative experience when they are spending, sending some money, selling or merely buying. So the company has seen the solution to this problem that exists in the market is by creating an all in one platform that will cater for all your transaction needs.
Why do you need PAX tokens?
For use in our virtual online market with up to 90% discount for merchandise
Use in real world or online merchants with Paxlet
Send/Receive from anyone instantly
Escrowed contracts for services or work
More features will be announced after beta launch
VISION
PaxPay aims to provide consumers in the cryptocurrency market a new innovative experience when spending, buying, selling, or simply sending money. PaxPay’s solution to this is to create an all-in-one payments system. PaxPay will expand the system globally, providing a user-friendly platform that will rid the world of the common problems of monetary transactions in the cryptocurrency world. We want to further the expansion of the blockchain technology and believe it will create a better and brighter future
PaxPay Cryptocurrency Payments Coin Features
The platform will have a futuristic crypto bracelet. The futuristic bracelet is called Paxlet. It will serve you as a swift and even the most reliable way that you can pay with your cryptocurrency in the real world. All this will be possible by just scanning or even swiping your bracelet on a brick-and-mortar business, while still having the highest security levels to prevent hacking of your account.
FUTURISTIC CRYPTO BRACELET
Creation of a sleek and unique futuristic crypto bracelet called Paxlet. Paxlet will serve as a fast and reliable way to pay with cryptocurrency in the real world simply by scanning or swiping your bracelet at any brick-and-mortar retailers and businesses, while integrating the highest security measures for users;
USER-FRIENDLY CRYPTO WALLET
A user-friendly cryptocurrency wallet, which will have great security features, that allows users to transfer and spend cryptocurrencies using a name, email, and/or phone number via a secure, mobile phone-based virtual card. With this cryptocurrency-based mobile payment feature, consumers can spend funds with online or brick-and-mortar merchants, all while incorporating consumer and merchant incentives;
VIRTUAL MARKETING PLATFORM
An open virtual marketing platform that allows users to auction, buy, and/or sell items using fiat currency or other cryptocurrencies. PaxPay will be one of the first of its kind to launch a marketing platform that allows the usage of cryptocurrencies as a form of payment;
EXTRA INCOME OPPORTUNITY
Opportunity to make extra income by listing skills or trades for hire on the PaxPay platform;
FIND AND HIRE SKILLS
Easily find and hire any type of skills from individuals to complete almost any type of work;
SIMPLE WITHDRAWAL / DEPOSIT
A quick and simple way to deposit or withdraw from/to a user’s bank account;
EASY CRYPTOCURRENCY TRANSFER
Send cryptocurrency instantly at a click of a button on Pax platform;
GREAT BONUS STRUCTURE
Great bonus structure for businesses who use Pax platform for payments.
EXPANDING BLOCKCHAINS GLOBAL REACH
A PaxPay virtual market platform is already in the process of development. This platform will allow merchants, big or small, to build a unique and customizable storefront for any type of business to increase revenue by selling goods worldwide. The PaxPay platform will enable consumers the ability to buy goods at wholesale prices directly without the middleman.
GOAL
Our goal at PaxPay is to fill a need in this space by offering a more futuristic way for payments for any type of transaction when it comes to cryptocurrency
MARKET OVERVIEW
PaxPay’s success in the overall marketplace and in the specific target markets of wallets and payments will be contingent on the following market trends:
• Continued growth in the cryptocurrency market;
• Favorable and widespread consumer sentiment toward cryptocurrency use;
• Consumer adoption and use of cryptocurrency apps using wallet and transfer features.
• Favorable and widespread consumer sentiment toward cryptocurrency use;
• Consumer adoption and use of cryptocurrency apps using wallet and transfer features.
Growth in the Cryptocurrency Market
Cryptocurrency markets are growing at a rapid pace. According to a 2017 study published by Cambridge University’s Centre for Alternative Finance, “Cryptocurrencies such as bitcoin have been seen by some as merely a passing fad or insignificant, but that view is increasingly at odds with the data we are observing.” The Centre’s research states that as of April 2017:
the combined market value of all cryptocurrencies is $27 billion, which represents a level of value creation on the order of Silicon Valley success stories like AirBnB.
The advent of cryptocurrency has also sparked many new business platforms with sizable valuations of their own, along with new forms of peer-to-peer economic activity.
The advent of cryptocurrency has also sparked many new business platforms with sizable valuations of their own, along with new forms of peer-to-peer economic activity.
Consumer Sentiment Toward Cryptocurrency Use
Consumers are gradually and consistently warming up to cryptocurrency use. According to PwC’s 2015 Consumer Cryptocurrency Survey, 6% of respondents say they are either “very” or “extremely” familiar with cryptocurrencies. From this data PwC concluded that that familiarity will increase as consumers begin to have access to innovative offerings and services not otherwise available through traditional payment systems. Further, findings from this survey indicate that 86% of respondents who have used cryptocurrencies in the last year expect their use of cryptocurrencies to significantly increase in the next three years. Furthermore, respondents believe that cryptocurrencies will have a significant potential impact on banking and retail. As such, “a majority (76%) of current users say cryptocurrencies will redefine banking as we know it, and 59% say their banking experience would be improved if they had greater access to cryptocurrencies.”
PaxPay’s Proposed Value in its Target Markets
PaxPay will offer its services into the multibillion dollar cryptocurrency market with massive growth and largely untapped potential by offering consumers a user-friendly method of using cryptocurrency as a method of payment for global and local transactions. PaxPay will target unbanked consumers seeking a safe and efficient way to make financial transactions, existing cryptocurrency users looking for a more user-friendly experience, and late cryptocurrency adopters who will be looking to enter the market for the first time. Further, PaxPay will provide an efficient and low-risk financial platform for underbanked industries that are legal under state laws, but may experience federal restrictions on financial transactions.
Mitigating the Problems Related to Decimal Point Conversion
One of the most confusing problems with cryptocurrencies that PaxPay will seek to address is related to decimal point conversion in exchanges involving Bitcoin and other types of cryptocurrencies; the exchange rate is complicated and confusing, and ultimately inhibits the smooth transfer of cryptocurrency. PaxPay will simplify the conversion of cryptocurrency to fiat currency, and vice versa. The app will be created in order to reduce the hassle of plugging precise decimals; the consumer will be able to view their choice of currency in true value on the screen.
Smart Contract Capability
PaxPay will offer users an option to make a smart contract with another individual on the PaxPay platform to do any type of work, exchange of services, and/or product(s). Once the contract terms have been met, the funds can be released either automatically or manually for the other party on the PaxPay platform.
PaxPay PAX Token ICO
Token Pre-Sale
30% Bonus
1 ETH = 6500 PAX Tokens
1 NEO = 910 PAX Tokens
Soft Cap = 12,500,000 PAX Tokens
PAXPAY OPERATIONAL BUDGET BREAKDOWN
PaxPay’s estimated operational expenses are reflected in the figure below:
Operational: 35% of market cap or 350,000,000 PAX tokens
TEAM
For more information, please visit:
Website: https://www.paxpay.io/
Telegram: https://t.me/paxpay
Facebook: https://www.facebook.com/PaxPay.io/
Instagram: https://www.instagram.com/paxpayproject
ETH : 0x37B6953a3D9c40D5e40Dfc7DA2B8A58223b2a583
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