Published: Mar 05, 2018

Paygine (PGC)

Website

Status

ICO

Paygine is an open financial platform.

Whitepaper

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Interest lvl

Updated: May 04, 2018

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User Rating

Medium

3/5 • 1 votes

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Ticker

PGC

Type

Utility-token

FoundedUnited States, 2017

Registration countryUnited States

Registration year2017

What is Paygine

Paygine is an open financial platform designed to operate within its own proprietary banking structure and designed to serve FinTech and crypto-business needs in areas of money remittance, cryptocurrency exchange, and payment for "real" goods and services under white label solution.

Paygine will provide customers with tools for payment under their brand name, regardless of the size of the business.

Once the Paygine project is launched, each token holder will have the right to pay for goods or services using tokens in the ratio 1 PGC = 1 USD.

Paygine Roadmap

2012

Establishment
Project start
Team formation
Choice of technology and system architecture design
Start of platform development.

2013

Development
Development of the platform
PCI DSS Level 1 certification*
VISA and MasterCard registration
Introduction of first services to market
First sales of online loan repayment, merchant acquiring, card2card transfer.

2014

Achievements
Start of active sales
In cooperation with VISA and MasterCard, new services are developmed and introduced to market
Go-live with our first large retail bank.

2015 to 2017

Accomplishments
Advanced service supplier for numerous banks
Turnover as of October 2017 - more than US$ 115 million per month
Portfolio of serviced loans is over US$ 18 billion
Launch of unique peer-to-peer platform.

Token Sale Dates

Presale Period

Start date: Dec 27, 2017

End date: Mar 31, 2018

ICO

Start date: Jun 18, 2018

End date: Aug 17, 2018

Token Allocation

Presale Token Supply 3,000,000

Total Token Supply 30,000,000

Funding Details

Soft Cap 3,000,000USD (fiat)

Hard Cap 30,000,000 USD(fiat)

Funds Raised (as of now) 1,538,000 USD

Restrictions

Residents of the following countries are prohibited from participating
China, United States, South Korea,

Token distribution

58.8% - Total quantity of ICO tokens
26.4% - Reserve
14.8% - Team

Funds allocation

64.9% - Buying the bank
18.3% - Staff
4.8% - Legal expenses (registration, license, consultations)
0.3% - Operational expenses
1.3% - Lease
10.3% - Buying software and its testing

Token Price and Payment Options

Token price USD 1 PGC = 1 USD

Accepted Currencies USD ETH BTC

Project team

Kirill Radchenko

CEO, Best2Pay and cofounder of Pay Engine Limited

Michael Luposhtyan

Senior Vice President, Best2Pay and cofounder of Pay Engine Limited

Maxim Neshcheret

Business Development Director, Best2Pay Singapore

Raniya Luposhtyan

Chief Financial Officer, Best2Pay, US, and cofounder of Pay Engine Limited

Alexander Petrov

Chief Technology Officer, Best2Pay Russia

Vitaly Furmanov

Senior Vice President, Best2PayAdvisors

Gary J Ross

Partner, Ross & Shulga PLLc

Arina Shulga

Partner, Ross & Shulga PLLC

Azat Nugumanov

Partner

Anastasia Klimenko

Vice President

Djibril Diallo

Vice-President, TransferTo

Byanmunkh Volodya

Director, «Truly Digital Bank»

Salah Abci

Partner, Grant Thornton

Advisors