[ANN]

[Ncognit0]

50M PYNs has been just burnt. The additional 50M should be burnt soon. The company will announce the exact date.


https://etherscan.io/token/0x0142c3b2fc51819b5af5dfc4aa52df9722790851

That is great news!

[1714611050]

1714611050

[1714611050]

1714611050

[1714611050]

1714611050

[aleksus]

50M PYNs has been just burnt. The additional 50M should be burnt soon. The company will announce the exact date.


https://etherscan.io/token/0x0142c3b2fc51819b5af5dfc4aa52df9722790851

where do you see 50M tokens being burned ?

[Ano]

It's here! The Paycent Hybrid App is now available! Get it on Google Play! For more information about Paycent, go to www.paycent.com.

This is great news finally we have this app now it getting more close to achieve next milestone. I think it will be worth for it keep hold this token because of nice development speed it will be really big in future.

[prtomic]

50M PYNs has been just burnt. The additional 50M should be burnt soon. The company will announce the exact date.


https://etherscan.io/token/0x0142c3b2fc51819b5af5dfc4aa52df9722790851

where do you see 50M tokens being burned ?

I'm ICO investor, and initial total supply on etherscan was 450.000.000. I don't have any print screen, but I suppose someone with more technical knowledge could show us on the blockexplorer.

[chixka000]

so many positive news in one day, but why no reaction on the exchange? When the moon?

[prtomic]

so many positive news in one day, but why no reaction on the exchange? When the moon?

Small moon for now

I suppose when we receive MasterCards, the main pump comes.

[AlexsMO]

This project puts the need of the customer first, before everything else. It's one of the best project i ever seen!

[Jannn]

so many positive news in one day, but why no reaction on the exchange?

PYN Team is still not contacting some exchanges to get listed so as result even they have a update news on the the PYN network its useless to pump the price
Low Volume = unstable price

When the moon?

Maybe when PYN get listed on some good volume exchanges 

[K5Canada]

Today, I received 29 Paycentos for registering to their newsletter!

[aleksus]

50M PYNs has been just burnt. The additional 50M should be burnt soon. The company will announce the exact date.


https://etherscan.io/token/0x0142c3b2fc51819b5af5dfc4aa52df9722790851

where do you see 50M tokens being burned ?

I'm ICO investor, and initial total supply on etherscan was 450.000.000. I don't have any print screen, but I suppose someone with more technical knowledge could show us on the blockexplorer.

PYN tokens have total supply written in a contract and it's 400.000.000 Usually with preminted tokens burning means making a transaction to a special address without owner like 0x0000000000000000000000000000000000000000 I don't see such thing in a blockchain for PYN token.

[prtomic]

Paycent analysis

So I tried to do valuation of PYN token. I put some figures inside, and this is the result. You can do your own math, show your analysis or change my assumptions based on your personal view. But I have no intention to debate and elaborate to much. I've made my investment decision.

Target: 5M users of future exchange and app. Target for cards 1M.

And here is my view:
When Paycent opens trading platform (which has been announced in official Telegram group) , the first target should be 5M users, what is around CEX.IO size. If it manages to get that number of users than 1M cards look like reachable target.

And I used CEX exchange for benchmark, since they trade only limited number of major coins, what will be offered by Paycent as well. And they don’t have their own card. During the hype around ATH for BTC they used to have almost 5 times more active users. I calculate the number of active users by estimated monthly website visits. Xapo is around 1.4M monthly users with around 1M app download on play store.

So the first target to aim is to reach 5M users of future exchange and app. Target for cards 1M. Average daily volume of fiat to crypto is something hard to evaluate. But let’s say that out of 1M users 5% will use the card per day. 50.000 users * 50$ average transaction. That's 2.500.000 $ daily volume.

From the whitepaper, benefits for token holders - passive income (dividend):

30% commission sharing to token holders. It would be around 275M yearly for profit sharing, based on the volume I estimated. The company is burning their coins, and it plans only one more ICO phase, which will used for acquiring a bank. So two phases could be around 70M tokens which will be stored (staked) for commission, so around 4$ per token in dividends yearly. Nice passive income.
I’d say dividend could reach 1$ per PYN  per year and could change our lives. 4$ dividend per token could be reached when we enter mass adoption, and since Paycent is operating in Asia, which has young and big population, this is also realistic. And you know that the company plan is to expand the business to Europe as well? Does this sound right to you guys? And I think this is the realistic target, we could reach within 12-48 months.

PYN market price:

My price targets for PYN token (please don't mix it with dividend). Short term 1$, which is around our competitor tenX market price. TenX has the app, but they don't have a solution for a card. And when the cards are delivered, the fair value should be 1-2$. The 5$ mark could be reached, when first bigger commission splitting is done with token holders. Afterwards it depends on the amount of commission. If we hit 4$ reward per token per year then we’ll see two digit value of PYN.

So I’m confident that we’ll hit 1M cards as the major milestone. The marketing campaign will start right after the cards arrive.

We can play with figures back and forth, but however we do that we’ll have 1$/1PYN dividend as passive income.
And we get it from revenue, not from the profit. In stock exchange market you always calculated based on EBITDA. So basically after the costs are deducted, and here we get paid first!

[Ncognit0]

Paycent analysis

So I tried to do valuation of PYN token. I put some figures inside, and this is the result. You can do your own math, show your analysis or change my assumptions based on your personal view. But I have no intention to debate and elaborate to much. I've made my investment decision.

Target: 5M users of future exchange and app. Target for cards 1M.

And here is my view:
When Paycent opens trading platform (which has been announced in official Telegram group) , the first target should be 5M users, what is around CEX.IO size. If it manages to get that number of users than 1M cards look like reachable target.

And I used CEX exchange for benchmark, since they trade only limited number of major coins, what will be offered by Paycent as well. And they don’t have their own card. During the hype around ATH for BTC they used to have almost 5 times more active users. I calculate the number of active users by estimated monthly website visits. Xapo is around 1.4M monthly users with around 1M app download on play store.

So the first target to aim is to reach 5M users of future exchange and app. Target for cards 1M. Average daily volume of fiat to crypto is something hard to evaluate. But let’s say that out of 1M users 5% will use the card per day. 50.000 users * 50$ average transaction. That's 2.500.000 $ daily volume.

From the whitepaper, benefits for token holders - passive income (dividend):

30% commission sharing to token holders. It would be around 275M yearly for profit sharing, based on the volume I estimated. The company is burning their coins, and it plans only one more ICO phase, which will used for acquiring a bank. So two phases could be around 70M tokens which will be stored (staked) for commission, so around 4$ per token in dividends yearly. Nice passive income.
I’d say dividend could reach 1$ per PYN  per year and could change our lives. 4$ dividend per token could be reached when we enter mass adoption, and since Paycent is operating in Asia, which has young and big population, this is also realistic. And you know that the company plan is to expand the business to Europe as well? Does this sound right to you guys? And I think this is the realistic target, we could reach within 12-48 months.

PYN market price:

My price targets for PYN token (please don't mix it with dividend). Short term 1$, which is around our competitor tenX market price. TenX has the app, but they don't have a solution for a card. And when the cards are delivered, the fair value should be 1-2$. The 5$ mark could be reached, when first bigger commission splitting is done with token holders. Afterwards it depends on the amount of commission. If we hit 4$ reward per token per year then we’ll see two digit value of PYN.

So I’m confident that we’ll hit 1M cards as the major milestone. The marketing campaign will start right after the cards arrive.

We can play with figures back and forth, but however we do that we’ll have 1$/1PYN dividend as passive income.
And we get it from revenue, not from the profit. In stock exchange market you always calculated based on EBITDA. So basically after the costs are deducted, and here we get paid first!

Thank you for your wonderful contribution. The analysis you have presented is very informative. I am excited for the future of Paycent

[visionary]

so many positive news in one day, but why no reaction on the exchange? When the moon?

Small moon for now

I suppose when we receive MasterCards, the main pump comes.

Does sending a card is not happening? I thought it was supposed to start at beginning of the month.

[david.Bauman]

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Paycentos+%28PYN%29&SortBy=0
Paycent is one of the sponsors for 2nd Global blockchain conference, Shanghai. Who have this coin? this event sounds very strong. i think to buy some amount.

[ivan1975]

Any new exchange is planned?
Only Yobit now.

[prtomic]

Any new exchange is planned?
Only Yobit now.

Coinexchange should start on Sunday.

The own exchange in about month and a half.

[prtomic]

so many positive news in one day, but why no reaction on the exchange? When the moon?

Small moon for now

I suppose when we receive MasterCards, the main pump comes.

Does sending a card is not happening? I thought it was supposed to start at beginning of the month.

The latest info from the official Telegram group is second week of April. I pre-ordered mine, will confirm when I get it.

[prtomic]

It's here! The Paycent Hybrid App is now available! Get it on Google Play! For more information about Paycent, go to www.paycent.com.

https://scontent.fceb1-1.fna.fbcdn.net/v/t1.0-9/19113496_1737897156256021_5673861396655589583_n.jpg?_nc_cat=0&oh=35529267e16e012820b790150e085705&oe=5B31F59C

The withdrawal fees are really minimal. BTC normal priority 0.00001122, high priority 0.00002244

[paycent]

#PaycentPromo just got easier! Enjoy exciting rewards when you download and rate the Paycent Hybrid App or when you order the Paycent Card through the App. Read the details below for more info:

[chixka000]

Any new exchange is planned?
Only Yobit now.

Coinexchange should start on Sunday.

The own exchange in about month and a half.

I think this listing will increase the volume, I hope at least twice, is there an exact time to start trading?