Paygine ICO Review- Open Financial Blockchain platform for Fintech and Crypto business
Paygine is a financial platform designed to offer cryptocurrency-related services to both individuals and businesses, allowing for easier, faster, and less expensive currency transactions in a variety of usage scenarios. In short, Paygine is designed to help consumers and businesses use cryptocurrency as simply and conveniently as any other currency, in everyday life.
Whitepaper
The whitepaper is decent, keeping it simple and descriptive. After going through the whole whitepaper I couldn't find any errors and that shows the team is profession and hard working. They start off with a quite understandable introduction which then gradually takes us to why Paygine is awesome! Although they could have put a little more effort into the designs and artwork, I don't think it really matters that much as it is a detailed whitepaper. I would give the whitepaper a 7/10.
Team
The CEO of Paygine Kirill Radchenko has previous been the CEO of Best2Pay that started back in 2012 so its safe to say that the project is headed in the right direction. The total team of Paygine consists of 9 members and more than 10 high level developers. Current advisors for Paygine are 7 but you can apply to be an advisor as well if you are qualified!
A very strong and promising team, the members seem to have experience in this field and overall I would give the team a 7/10.
Website& Socials
The Paygine website has dedicated sections for all of the various fields of information. As expected from a good project. I personally liked the theme, the alert on top of the page stating the bonus really catches the eye and that's impressive work. The website gets a 7/10.
With around 70k Telegram members, I don't think we need any further explanation here, the team is interactive and responsive, I saw a lot of people asking different questions and were answered very quickly. They have more than 10k likes on their Facebook page and a strong presence even there. I will have to give this a 8/10 just because of the low twitter followers or else this was 10/10.
Token Sale
The presale started on 26th December 2017 with a 40% bonus and the current stage of crowdsale will end on 17th of august this year. The soft cap has already reached and the standard price of 1 PGC token is 1 USD. I think this is too high but looking at the total supply of 151,750,000 it looks fair. PGC is a ERC20 token and runs on the Ethereum blockchain.
How is Paygine different?
Who better to tell that than the Business Development Director of the project, Maxim Neshcheret.He explains why Paygine is a better choice to go for. Paygine has a LIVE product that is used for payments processing and provides API for companies — using this API account can be opened, card can be issued and linked to mobile wallet. We have specified in WP that project is based on exiting product.
Creating such a powerful payment and exchange platform from scratch would require major amounts of both time and money in research, development, and testing. However, Paygine is licensed to utilize Pay Engine Limited technologies and products, which already have undergone years of successful development and testing and have a proven track record of successful real-world use and support. By leveraging the existing technology solutions created by Pay Engine Limited, Paygine will avoid the growing pains and get right down to business.
Overall Paygine deserves a 7/10 rating. I would recommend to at least check it out!
Links:
Website: https://www.paygine.com/
Telegram: https://t.me/paygine_official
Facebook: https://www.facebook.com/paygine/
Twitter: https://twitter.com/paygine
Whitepaper: https://www.paygine.com/assets/helpers/files/en.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2916009
Bounty Thread: https://bitcointalk.org/index.php?topic=4147203.0
Medium: https://medium.com/paygine
Instagram: https://www.instagram.com/paygine_platform/
Linkedin: https://www.linkedin.com/company/paygine/
Author’s Name: Shantanu Ghare
Bitcointalk username: joiker
Author’s bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1670619
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