Paymon is getting increasingly popular because of the shortcomings in other cryptocurrencies such as Bitcoin and Ethereum. It is very convenient to use, especially if you’re facing a delay or lag in the transaction process. Paymon is a platform with which you can perform various blockchain operations such as buying and selling cryptocurrencies or using it for buying other commodities.
This ICO has its own system of blockchain operations and deals with many shortcomings such as the archaic architecture, scaling problem, high transaction fees, and the low speed of the current cryptocurrencies. This new blockchain platform will improve the infrastructure and other instruments of the cryptocurrency.
Paymon will be based on ‘Hive’ which is a directed acyclic graph. The Hive technology will let you make transactions without any long delays due to confirmation, and there won’t be any high fees charged either. Paymon has finished the second stage of ICO on 3rd of May and it is now getting more popular. The company has also developed its own cryptocurrency named PMNC (Paymon Coin). The Hive technology will allow you to:
- Conduct business effectively as you’ll be able to receive payments instantly for any goods that you sell.
- Make token sales.
- Integrate the API with Hive for various purposes.
- Make fast transactions no matter how high the network load is.
- Make transactions without commissions.
- Make 1-2 transactions in a separate block.
Following are the main features of this system:
Atomic Swap-Based Domestic Exchange
Any miner or executive who uses PMNC to make payments will easily be able to exchange it with any other cryptocurrency inside Paymon. The advantage of this feature is that you’ll be able to make direct sales, no third party or commissions will be involved, and the highest level of protection will be provided. To see other cryptocurrency reviews checkout tech insider.
Advantages and Profits for Businesses
The owners of various businesses will be able to get payments in their preferred cryptocurrencies. This will allow them to cover a huge audience and give a distinctive competitive advantage. For the clients, this platform will give them an additional alternative and allow them to purchase goods at a low price.
Following are the ICO details of Paymon:
- ICO start date: 30th of March
- ICO end date: 3rd of May
- Soft cap: USD 500,000
- Hard cap: USD 8,250,000
- Total supply: 1,000,000,000 PMNT