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What qualities does money need to have in order to be functional? Firstly, all parties involved in a transaction need to agree that the instrument you pay with (money) has value, which makes it a medium of exchange. This solves the issue of a barter system (exchanging one good for another, e.g. apples for oranges), which requires both people to need the exact goods that are being exchanged. For example, if you want to sell apples for oranges, you need to find not only someone who wants to get rid of oranges, but also someone who wants apples – such situation is not always a given. Anchor token is a stable financial ecosystem comprised of a stablecoin cryptocurrency and a non-flationary, algorithmic index. The index is based on the sustainable, upward trend of global economic growth measuring real world value using financial indicators such as the GDP of more than 190 countries, FX indicators of a basket of 16 currencies, and premium sovereign bond yields.
Anchor token's ecosystem is designed to be intrinsically stable with its algorithmic index called the Monetary Measurement Unit (MMU) and a safety-net of six stabilizing mechanisms, which includes a two-token, burn-mint model to ensure stability regardless of market recession, volatility, inflation, and other dynamic economic scenarios.
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The noise around cryptocurrencies grows awareness about them even among the people who are far away from the investment sphere. Rise and drop rate, new currencies and exchanges, special trading software and strategies became frequently discussed topics even in non-financial media. Therefore, it is important to be critical to whatever information you consume. Geco.oneis a platform that enables you to safely invest in the cryptocurrencymarket using skills and knowledge of experienced traders. Our flagship service, called Geco.one PAMM account/portfolio, allows you to invest in cryptocurrencypairs by entrusting your resources to experienced traders as well as providing you with all the tools necessary to become a crypto-trader yourself.
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Decentralized and open lending protocols like Maker and its stablecoin Dai also present some long-term narratives. Maker users receive Dai in return for sending the underlying collateral, Ether, to collateralized debt positions (CDPs), which mints Dai in return.The Monetary Measurement Unit (MMU) is Anchor’s algorithmic financial index. The MMU is based on validated data from the International Monetary Fund (IMF), the World Bank, Bloomberg, and other official sources of more than 190 countries over the last 25 years. The MMU is further stabilized with FX indicators from a basket of 16 currencies, and premium sovereign bond yields from 20 of the world’s strongest economies.
Offering the stablecoin market an alternative to Tether, Anchor’s tokenomics ecosystem is designed to be intrinsically stable with its MMU and a safety-net of six stabilizing mechanisms, which includes a two-token, burn-mint model to ensure stability regardless of market recession, volatility, inflation, and other dynamic economic scenarios.
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While exchanging money in Latin America can be madness, with different offers and different rates on every corner, using the dollar, even in countries which have grown to accept it, can be a difficult task as well.
Peru, for example, is the world capital of forged U.S. dollars, with millions of fake bills seized every year. Some operations even print passports and university degrees, in addition to the fake U.S. dollars that are often shipped abroad.
Though the dollar is widely accepted across the country, there’s always the chance that fake bills will slip into the pockets of unsuspecting victims, adding a layer of suspicion onto every transaction. In fact, the entire region takes special care when receiving payments in dollars, though because of past-or-present economic turbulence, many businesses are happy to accept USD when given the chance. The PAX Pago platform will offer solutions to mitigate these challenges. The goal is to return liberty into the hands of citizens by opening new channels of commerce. PAX Pago is utilized as payment for items produced, products sold or services rendered. Our platform offers high-speed reliable transfer, and enables transparent information flow in addition to Combating problems of inflation, inefficient public services, and slow technological advances. PAX Pago will be a medium of exchange.
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One of the most common actions identified across the surveyed jurisdictions is government-issued notices about the pitfalls of investing in the cryptocurrency markets. Such warnings, mostly issued by central banks, are largely designed to educate the citizenry about the difference between actual currencies, which are issued and guaranteed by the state, and cryptocurrencies, which are not. Most government warnings note the added risk resulting from the high volatility associated with cryptocurrencies and the fact that many of the organizations that facilitate such transactions are unregulated. Most also note that citizens who invest in cryptocurrencies do so at their own personal risk and that no legal recourse is available to them in the event of loss.As the Latin American country plunges ever deeper into its long-running crisis, Venezuelans are looking for an answer, with its flailing economy set to contract by more than 10% this year, bringing the total decline to about 45% in the past four years, according to the Center for Strategic and International Studies in Washington, D.C., a nonprofit policy-research organization. The PAX Pago platform will offer solutions to mitigate these challenges. The goal is to return liberty into the hands of citizens by opening new channels of commerce. PAX Pago is utilized as payment for items produced, products sold or services rendered. Our platform offers high-speed reliable transfer, and enables transparent information flow in addition to Combating problems of inflation, inefficient public services, and slow technological
advances. PAX Pago will be a medium of exchange.
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Today is good position for those who want to buy PAX PAGO. PXP Tokens was created to become a rotating currency in the investment to develop South American countries. We want to share investment opportunities in South American developing countries.
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If ICO investors consider your project to invest in, they will do a certain degree of due diligence. In other words, they will look into your project’s specifics and determine if it’s a good investment opportunity. So if you want to make sure your project holds up under their due diligence, take a look at what this due diligence consists of. For instance, watch ICO review videos of key influencers or check out their personal Twitter accounts. You should look for what makes them want to invest and what turns them off existing projects. While big claims about your product being the next big thing may appeal to speculators, it won’t get past the serious investors who spend hours on due diligence. PAX PAGO looks for Ventures in the countries. Ventures are responsible for executing the proposed projects from the PXP’s ICO funds, from which develops those projects to make profits. Investors can redeem PXP for real benefits from projects developed by Venture. Ventures are independently developed with their own projects with technological support or PXP funding.
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As long as money is controlled by governments and susceptible to mismanagement, no country is impervious to the threat of rampant inflation. In Iran, political problems have recently caused the rial currency to nose-dive, forcing its citizens to scramble for more stable money like the US dollar.From circumstances, like Venezuela, it is evident that at times of massive inflation, those affected seek hard money. And while citizens witnessed the value of buying and using bitcoin amidst a crumbling currency, the question is, will a country take a leap of faith and do the same? The PAX Pago platform will offer solutions to mitigate these challenges. The goal is to return liberty into the hands of citizens by opening new channels of commerce. PAX Pago is utilized as payment for items produced, products sold or services rendered. Our platform offers high-speed reliable transfer, and enables transparent information flow in addition to Combating problems of inflation, inefficient public services, and slow technological advances. PAX Pago will be a medium of exchange.
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Latin America is undergoing somewhat of a transformation in the world of global finance. With the state of the banking industry in many countries in the region, people are turning to one another to solve their problems. From neighborhood initiatives to cross-border peer-to-peer lending platforms and online-only independent banking solutions, Latin America is exploring new ways to approach their personal finances.
Though crypto adoption is still lagging in much of the region, the case for it is clear. It’s embedded in the people’s distrust for banks, drive for financial sovereignty, and fiercely independent nature. And while the regulatory landscape remains slippery in Latin America, crypto-users and businesses are coming together to take on the authority and create a system that works for the people. The project will create the ideal system for token transfers. The intermediate goal is to offer PAX Pago users a cost-effective and faster alternative to stabilize their funds and provide liquidity.
PAX Pago Platform will transition from early stages of building upon a better network into facilitating the process of cryptocurrency and fiat exchange. When the foundation of this network is proven, the project will progress into the development of a Smart Economy. Features of the development includes but not limited to the following: multicurrency, cryptocurrency wallet, and blockchain capable hardware payment processor, smart contract enabled consumer/brick and mortar incentive focused systems, and much more.
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While some of Latin America’s largest countries try to navigate this new asset class, the movement is beginning to take root across the region. Both Peru and Chile have seen significant movements in crypto trading volume in recent months while Panama is quickly turning into an American hub, thanks in large part to its friendly regulatory approach to the space.
Brazil, too, with an election looming and an economic crisis on the brink, is getting into the action. Second only to Mexico in fintech startups, Brazil has a chance to make waves in the crypto-economy in the coming months. Distribution of the PAX Pago project will involve a 3 Stage ICO Token Sale: Stage 1 of the sale will be mainly Primary and Early contributors interested in the project. During Stage 1, the PAX Pago coin will start at 20% bonus level. At Stage 2, all contributors interested will have to be KYC/AML white-listed by our compliance process, during this time contributors can receive tokens at a 10% bonus level. And finally at Stage 3, again all KYC/AML approved contributors that did not meet the deadline of Stage 2 will have this last opportunity to receive the token at 0% discount. 150 Mn (million) tokens of circulating supply of PAX Pago coins will be distributed for the ICO. The remaining 50 Mn (Million) tokens of circulating supply will be distributed accordingly. PAX Pago Reserved at 70% for Company Reserve (details of this are mentioned below), 28% for Team and Partners, and 2% for Bounty and Airdrops.
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The network of computers around the world running bitcoin software will take care of the performance and maintenance of the blockchain network. About six times per hour, a new group of accepted transactions (a block) is created, added to the blockchain and quickly published to all nodes. This allows bitcoin software to determine when a particular bitcoin amount has been spent.The blockchain network comprises of nodes, i.e., distributed servers. All the nodes can accept and process the transaction. The nodes on the network share information about the candidate transaction. As much as the logic/tech part of it sounds confusing, the business models are so much easier to understand and are really impressive.PAX PAGO creators sincerely thank all those who have been interested in the PXP. We think if someone puts their trust in us, we will not disappoint them. With all we have, with all our partners, with all the best ideas we have created PXP.We want to conduct a revolution in ICO because most of current ICO is to mobilize capital without bringing any real benefit to the community participating in and the ecosystem around them do not realize the dream of those who believe it.
Our vision, capital, technology, management and strong team spirit will give people trusting in PXP a revolution for themselves and the PXP itself.Our biggest thank to you is the success of the PAX PAGO and the ecosystem it creates. We will do all we can to realize what we want to bring to you.
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Great project. I'm happy to join the campaign.
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PAX PAGO's main aim is to try to find people who are dedicated to seeing this project come to life. They’re really trying to create a movement that’s empowered and enabled by blockchain technology. But while the technology itself is nice, there will be nothing to it unless it actually serves the larger purpose of having a positive impact on the world.
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TELEGRAM BOUNTY CAMPAIGN OF PAX PAGO 137.000 PXP Token How to join PAX PAGO Telegram bounty campaign: ● Join our Telegram group: https://t.me/PaxPagoBounty● Invite up to 5 friends to our Telegram group Telegram Campaign Stakes Joining Telegram group = 10 Stakes Invite up to 5 friends to our Telegram group = 10 Stakes |
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Nice work and team, thanks guys  |
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Thank you, good campaign!!
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