Paymon – an ideal platform for operations with crypto-currencies!

The young teams are very surprised with such projects, which are very promising. Paymon It is a multifunctional platform with very promising trends based on innovative and revolutionary block technologies. This is a bold project whose main goal is to create an ecosystem of transnational block chains that will include decentralization, confidentiality and free access. Thanks to this platform, each user can perform all kinds of operations related to the crypto currency. Starting from the purchase of the crypto currency and ending with the conversion. Under all sorts of operations there are a lot of definitions about which we just have to learn. At the moment, Paymon has MVP for android and ios, which can already be downloaded from the official site. The developers claim that they spent about two years on the development, but I want to note that not all the declared functionality is present in the applications, users encounter different difficulties when installing and registering. It is a block messenger in which the user can store encryption, exchange them with his friends, add or delete them. So far, only Bitcoin and Ethereum have been tested and ready for transmission. Wallets are created in the application automatically after registration, and also the user can make a backup of his wallet and restore it. Paymon will have all the functions of a standard instant messenger. Additional features will be added as the project is still in development. You can now download the app from the App Store and Google Play. So far, only Bitcoin and Ethereum have been tested and ready for transmission. Wallets are created in the application automatically after registration, and also the user can make a backup of his wallet and restore it. Paymon will have all the functions of a standard instant messenger. Additional features will be added as the project is still in development. You can now download the app from the App Store and Google Play. So far, only Bitcoin and Ethereum have been tested and ready for transmission. Wallets are created in the application automatically after registration, and also the user can make a backup of his wallet and restore it. Paymon will have all the functions of a standard instant messenger. Additional features will be added as the project is still in development. You can now download the app from the App Store and Google Play.The first 10,000 users who installed and signed up for Paymon and wrote a comment on Google Play, developers will give out tokens for free! In the near future, the ICO will be held and they will generously reward the participants supporting their product!

Ecosystem Paymon will introduce a new form of communication between customers and companies. On this platform, you can execute any possible transaction: earn money with a difference in the speed of encryption. With the development of Paymon, they strive to make encryption of exchange between users, allowing customers to pay for goods and services from different companies. That’s why they launched ICO with the expectation of spreading as many tokens as possible to build their own active ecosystem in Hive’s block-chain technology. The key objective of the Paymon project is the creation of a transnational blockade ecosystem, the key principles of which are:

  • Decentralization
  • Confidentiality
  • Free access

Such an ecosystem will provide an entirely new format for communication between users and business representatives. Absolutely any operation – from playing on the difference between the crypto currency rates to buying a loaf of bread, can be realized in one application.

Primary goal:

The main task of this project is to provide ordinary users with very convenient conditions for the transfer of crypto currency. In this case, all operations must be safe and transparent. And the most important thing is to achieve the absence of a commission. Also, Paymon has another equally important task. This gives a real opportunity to pay for products, services and entertainment by crypto currency. And this is quite an interesting moment. Since introducing the crypt into the masses would be very convenient.
When carrying out operations instead of the standard and well-known block system, Paymon uses DAG technology. If to decipher, then this is a directed acyclic graph. It is formed as follows. After the new transaction has come, the system must approve the two previous transactions by solving a cryptographic puzzle similar to the one contained in the bitcoin-miner.

Platform features:

  • The exchange exchange of tokens from any blockhouses is decentralized . A decentralized exchange platform that will allow you to exchange any currencies, if earlier you had to have aether or bitcoin for buying altcoyins and already buy alts on it, then on this platform you can instantly exchange any available currency without any difficulties. This is made possible by the technology of atomic swaps in addition to internal smart contracts, which are decentralized to Hive.
  • The system of writing smart contracts from zero level and with built-in “template” pre-installed logic. In simple words, this functional together with the exchange platform will allow creating Internet shops that can accept any crypto-currencies.
    API for developers . This functionality allows you to integrate different systems by means of bridges called APIs, which means that the Paymon platform can be integrated into any project supporting this technology.
  • Developers who use the Paymon platform will receive extensive support from creators and ample opportunities . Developers plan to create wallets for each platform, the primary functionality of wallets will be integrated into applications for android and apple, which can already be downloaded in stores of these brands.
  • Security system, both for users and for developers. Several versions of the security system, for users, developers and investors – as the team members learned, the system uses different types of protocols and security systems such as sha, AES, KYC and many others.
  • Possibility to issue your own token or crypto currency. Although the release of tokens is not something new for us, but in this context it will be very convenient for entrepreneurs who want to tokenize their business.
  • Function of organizing and conducting Token Sale (ICO) . Developers will implement some functionality to create a lending for the sale of tokens.
  • Escrow service connection. The buffer between the investor and the developer is an excellent guarantor of rational use of funds and in case of failure to return them.
  • Financial transactions and mobile payments. Developers implement the exchange function in their mobile applications and we will have the opportunity to make purchases or exchange crypto-loans without resorting to exchanges.
  • Confirmation of ownership of assets . This is part of the functionality of the Hive system, the main idea of ​​which is to confirm the two previous transactions by the user, thereby increasing the security of the network.
  • Voting and rating system. Each participant will be able to participate in the development of the project, and his voice will be significant, it’s nice.
  • Confirmation of authorizations and authentication . This is one of the functions of the Hive system, in short, the more transactions you have, the greater your rating, the faster your requests for blocking.

Crypto currency will act as a financial instrument of the future, the transaction speed should be at the level of standard electronic money, which is provided by such companies as VISA or Master Card. At the moment, we can state the fact that so far no block project has actually been able to provide this. It’s safe to say that Paymon’s crypto currency (PMNC) will be as popular as Bitcoin, and even surpass it. PMNC is not just a token, it’s a digital resource with the following functions:

  1. Safe storage of funds.
  2. The possibility of growth of the asset.
  3. Instant transfers between network users.
  4. A single interface for investment in classical assets, currencies and crypto-currencies.
  5. Hedging of currency risks

Developers offer users to try technology such as hive,which in conjunction with the business platform will not only create Smart contracts and carry out transactions without commission, but also immediately test its proposed services for efficiency and security. This project originated in one of the student hostels. Initially, it was thought to create a convenient application with the ability to connect online purses of various banks. But after negotiations with many banks it became clear that the project could not be fully implemented. As a result, it was decided to resort to the technology blockbuster and introduce the function of creating crypto-currency wallets. And also a messenger function, for the prostate and ease of use. In the course of the sociological survey,

Hive:

The main feature of this crypto currency is the Hive system. This system is an oriented acyclic graph (DAG) for storing transactions. Hive is a new branch of the development of block systems and offers some features for creating micropayment systems, as well as promises high transaction speed and a lack of commissions for them. The basic idea of ​​Hive lies in the fact that the user sending his transaction must confirm the other two, thereby increasing the security of the network. To accelerate this process, users are collected into pools (groups of nodes), each of which is engaged in confirming its own transactions. Nodes check transactions for conflicts, if it detects a conflict, then the transaction will have a low rating and will be rejected directly or indirectly. The Hive system has a rating system that allows you to accelerate transactions in such a way that each transaction can receive additional confirmation, it is accepted by the system with a higher level of trust. In other words, it will be difficult to get the system to accept a transaction with a double waste. Each node counts different statistics, one of which shows how many new transactions were received from the neighbor. If a particular node works poorly, it will be rejected by nearby nodes. Therefore, even if the node does not send the transaction, and therefore does not have a direct incentive to distribute new transactions that would confirm its own transaction (repetition), it still has the incentive to participate in it. that each transaction can receive additional confirmation, it is accepted by the system with a higher level of trust. In other words, it will be difficult to get the system to accept a transaction with a double waste. Each node counts different statistics, one of which shows how many new transactions were received from the neighbor. If a particular node works poorly, it will be rejected by nearby nodes. Therefore, even if the node does not send the transaction, and therefore does not have a direct incentive to distribute new transactions that would confirm its own transaction (repetition), it still has the incentive to participate in it. that each transaction can receive additional confirmation, it is accepted by the system with a higher level of trust. In other words, it will be difficult to get the system to accept a transaction with a double waste. Each node counts different statistics, one of which shows how many new transactions were received from the neighbor. If a particular node works poorly, it will be rejected by nearby nodes. Therefore, even if the node does not send the transaction, and therefore does not have a direct incentive to distribute new transactions that would confirm its own transaction (repetition), it still has the incentive to participate in it. Each node counts different statistics, one of which shows how many new transactions were received from the neighbor. If a particular node works poorly, it will be rejected by nearby nodes. Therefore, even if the node does not send the transaction, and therefore does not have a direct incentive to distribute new transactions that would confirm its own transaction (repetition), it still has the incentive to participate in it. Each node counts different statistics, one of which shows how many new transactions were received from the neighbor. If a particular node works poorly, it will be rejected by nearby nodes. Therefore, even if the node does not send the transaction, and therefore does not have a direct incentive to distribute new transactions that would confirm its own transaction (repetition), it still has the incentive to participate in it.

Main advantages:

  • Miner = user of the network.
  • High transaction speed regardless of network load.
  • Absence of commissions.
  • DAG is held by the users themselves.
  • 1-2 transactions = separate block.

POM – Proof of me:

This is a principle based on the principle of Proof-Of-Work and the rating system. This principle of protection assumes that the user who wants to interact with the system must first confirm himself. POM – the principle of user confirmation, based on POW (proof of work) and on-network rating system.
When using the business platform “Profit” each user
will receive a cashback when making transactions. This decision was made to further reward users of the network who, when making transactions, load the network, thereby making “Hive” as fast as possible.

“Atomic Swap”:

Atomic swaps – or atomic trading between different blockboys – is a relatively new technology that allows trading transactions between crypto-currencies without intermediaries. The first describedTier Nolan in 2013, atomic swaps use the so-called hash time-locked contracts (HTLC), or “hashed contracts with temporary blocking.” Currently, for buying or selling, crypto-currency has to learn and understand many unnecessary elements, there is no simplicity and integrity of processes. Different exchangers and exchanges take a large commission. Paymon eliminates these shortcomings. All operations with the crypto currency will occur without losing their own financial resources, thanks to the technology of atomic swaps in addition to the internal smart contracts that are implemented on Hive. The exchange rate will be taken from the exchange on which the maximum volume of trades takes place and there is a fully functional API. “At the moment, the exchange of one crypto currency for another occurs only through various exchanges or exchangers (even between their purses) and for this it is necessary to pay a considerable commission. The Paymon project team is developing a technology that should solve the problem of excessive overpayments. ” “With the widespread participation and support of the Paymon project, there is no need to use exchanges or other indirect exchange points. Users will be able to set themselves mutually beneficial exchange rates for coins by selling transactions in P2P format. ” “With the widespread participation and support of the Paymon project, there is no need to use exchanges or other indirect exchange points. Users will be able to set themselves mutually beneficial exchange rates for coins by selling transactions in P2P format. ” “With the widespread participation and support of the Paymon project, there is no need to use exchanges or other indirect exchange points. Users will be able to set themselves mutually beneficial exchange rates for coins by selling transactions in P2P format. ”

Business platform Profit:

Business owners who want to accept payment for their goods or
services in a crypto currency are required to:

  • To leave an application on the site www.paymon.org in the contribution “For Business”.
  • Paymon will provide a login and password for entering your personal account.
  • It will be necessary to go into the designer and create a company on your own , it’s easy.
  • After filling in and creating all the necessary fields, the designer. Paymon himself will generate the company within the platform, and each our user will have access to the purchase of goods.

Legal support:

The idea is to protect the investor as much as possible. To do this, each investor as an investment confirmation will receive an electronic copy of the document, which will confirm this fact. This will be a semblance of an offer contract, in which the obligations of the parties and the fact of investing in the BTC or ETH project will be spelled out. And accordingly, Paymon’s commitment to issue an equivalent number of PMT tokens.

Token:

Token is a means of payment that can be exchanged, sold and bought, paid to them in various shops and services connected to the Paymon platform. PMNC can be exchanged for other crypto-currencies within the Paymon system on the basis of the atomic swap principle (see details in the section “Exchange and Purchase., Work of Smart Contracts and Atomic-swap”). PMNC functions:

  • Safe storage of funds, which is a very important aspect.
  • The possibility of growth of the asset.
  • Transfers between network users will be instantaneous.
  • The interface will be the same for investments in classical assets, currencies or crypto-currencies. What are very convenient.
  • Hedging of currency risks.
  • Business owners can add their campaign to Paymon.

PMNT can either be exchanged for PMNC, or sell and pay for goods from different stores and services related to the Paymon platform. Currently, the exchange of crypto-currencies is carried out only between the portfolios themselves and a high commission, so Paymon develops a technology that will solve the problem of overpayment. Paymon will not need any other intermediary. Users can set exchange rates between themselves and perform P2P transactions. The developers argue that the crypto currency should be primarily anonymous, secondly fast and, accordingly, have no commissions for transfers. And the blockade itself, on which these crypto-currencies are built, should have the following functional: first of all it is simply scalability, complete decentralization and openness.

ICO:

For each stage of the ICO, a certain number of tokens will be issued. It is best to invest earlier, because there are more tokens, more bonuses – more profitability. During the first 2 days of STEP I, the investor can buy tokens with bonuses. If you have a PMNC (Paymon coin), you can create your own company in Paymon and receive payments for your products during the encryption process. In addition, you can get the full range of Paymon services. The main goal is the distribution of many tokens via ICO. ICO will be held in 3 stages. 1 stage = 550 million (Of which 150 million will be reserved for Bounty members, Paymon team members, advisors and media partners). 2 stage = 250 million.
Stage 3 = 200 million. With this decision, the Paymon project team makes it clear that it is in the long term and is in a position to assess the development of the project. Every day an increasing number of merchants and developers of ICO projects will connect to the Paymon platform, thereby motivating their users to use PMNC in the form of payment for the goods, which will contribute to stable growth. The ICO period will be from 02/02/2012 to 05/03 / 2018.

Bonuses will be distributed in this way:

  • From 02.02.18 to 07.02.18 the bonus rate will be 7%.
  • From 08.02.18 to 14.02.18 the bonus rate will be 5%.
  • From 15.02.18 to 23.02.18 the interest rate of bonuses will be 3%.
  • From 22.02.18 to 05.03.18 the bonus rate will be 0%.

The project team plans to reward the earliest investors with the
greatest subsequent benefit for the trust placed. With PMNC (Paymon coin), you can create your own company inside Paymon and accept payment for goods in the form of crypto currency. And also in the future for PMNC you can use the full range of
Paymon services . The main purpose of the ICO is to maximize the distribution of all tokens.

Token distribution:

It is very good that the developers allocate funds for the development, because it shows their serious attitude towards the further development of the project.

Have time to participate in the pre-sale! ICO starts today!

How to participate in ICO:

 

  • Method number 1: Through crypto-exchanges. You will be able to participate in ICO Paymon by simply transferring your funds from your purse to the cripto exchange to our wallet, which will be indicated and issued with the participation.
  • Method number 2: Inside the Paymon application. Having installed the mobile application #Paymon and replenishing the balance with the available methods, find the user named @Paymon_ICO in the search and transfer.
  • Method 3: Investing in a closed Pre-Sale – by contacting [email protected] or by clicking on the link on the site, the investor will receive purse addresses and a valid bonus.
  • Method number 4 : Standard procedure, through the site. Go to the ICO Paymon website – take part – register or enter your personal office – get a unique purse address – transfer funds to the purse address provided – add the Ethereum address to which you want to receive PMNT.

Command:

“The whole” chip “lies in the thing that was sensational for the last year – ICO (Initial Coin Offering), which the creators plan to hold. In simple words, ICO is semi-kraudfunding-semi-investment from the users themselves. The company creates an internal currency (coupons, tokens), which can later be exchanged, for example, with the crypto currency or vice versa. ICO with elements of an even more mainstream thing – blockade. So everyone is now eager to try this, and generally bury the familiar currency with its economy, predicting a virtual currency victory. Of course, you can not do it in one day. Therefore, developers ask for help from the users themselves, but not for free. Well, here’s the Paymon app. The first 10,000 users who installed the application, who registered with Paymon and wrote a comment on Google Play, will give the team a free token platform. When developers get the ICO for the project, the first users will be able to exchange these tokens for any of the crypto-currencies: bitcoins, ethers, lightcoins and so on. Here’s more about nishtyaki. The most active assistants (reposters, telling about the project in social networks, blogs writing suggestions for improving the product on the mail, etc.) will be additionally rewarded. All you need to get your gift is to report your activity in any convenient way in any of these places:

  • Facebook
  • Twitter
  • Instagram
  • Mail “

From an interview with the project’s founder, Gleim Semen.

Very impressive and impressive is the young and promising lineup, which is not afraid of anything. is not afraid to experiment and go to new achievements in the world of crypto currency. Most of the team members hardly graduated from universities, despite this many of them already have experience in their fields, but still Paymon for the majority is the beginning of a career. These guys have a clear vision of the fact that experience can not only be obtained but also attracted, so they did not hesitate and established various kinds of connections among specialists who had already proved themselves in large projects.

Advisers:

As the founder of the project said above, you can participate in the Bounty-company of the project, help in its development, advertising, because more and more people deserve attention to worthy projects. To participate in the Bounty campaign, you must fulfill all the requirements listed below, for each of the categories your requirements. After that you need to fill out the forms that are indicated in each campaign. To get acquainted with the terms of the bounty-company and its possibilities, you can here: https://bitcointalk.org/index.php?topic=2615510.0 or here: https://paymon.org/assets/ico/docs/Bounty_Ru.pdf

  • Bounty – the company will last until 03.03.18
  • The total number of Paymon tokens (PMNT): 1,000,000,000 (1 billion).
  • The bounty-company will be allocated 3% of the total issue of tokens.
  • Attention! Tokens will be issued to the Ethereum address, which will be newly created and tied to your e-mail address. Or you can personally enter it in your account, which is available on the site.

General terms:

  1. One user can participate with only one account. In the event that any double registration is noted, duplicate accounts will be deleted from the campaign. The organizers reserve the right to remove participants from any program at any time, with the confiscation of the accrued tokens for fraud or the sending of spam to the Paymon Bounty campaign.
  2. To participate in the Bounty campaign, you must be at least 18 years old.

The funds will be distributed in this way:

  • 0.6% Application settings:
  • 0.5% of tokens: The first 20.000 users.
  • 0.1% of tokens: According to the bonus-referral program.
  • 2.4% Soc. networks and media:
  • Bitcointalk.org, bitalk.org (activity and signatures) – 30%
  • Youtube – 20%
  • Facebook – 10%
  • Twitter – 10%
  • Blogs and media (LJ, Slack, Medium, Golos, Steemit and others) – 10%
  • Instagram – 5%
  • Telegram – 5%
  • Transfers – 20%

Project road map:

More information here:

WEBSITE : https://ico.paymon.org

ANN THREAD: https://bitcointalk.org/index.php?topic=2597720

WHITEPAPER: https://ico.paymon.org/assets/ico/docs/White_Paper_version_1_0_en.pdf

FACEBOOK: https://www.facebook.com/ico.paymon.org

TWITTER: https://twitter.com/Paymon_official

TELEGRAM: https://t.me/paymon_ico

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