PANAM CoinPANAM began its journey at the beginning of 2019, seeking opportunity in the takeover and merging of two abandoned blockchain projects, Pandemia and Amnesia. Pandemia and Amnesia are two cryptocurrencies, created by the same developers. Very shortly into the life of both the coins, the developers left the project and put development on hold – leaving investors in the coins without many options.
As of March 2019, a new team of community members has formed and are going to attempt to merge the investors and communities of both projects into one new one – Panam. A new blockchain and wallets will be built from scratch, and investors in both Pandemia and Amnesia will be afforded a swap onto the new blockchain (with the swap ratio to be determined by the team/community).
With zero funding, no assets, and a tiny Development crew, we managed to push through to bring this project back to life. Merging the two projects into 1 cohesive unit is no small task but will take place in the form of a new blockchain, wallet, a coin swap for Pandemia and Amnesia coin holders, and a newly developed whitepaper, all coming this spring. Panam will continue forward into the crypto community of masternodes as well, perfecting the original rewards system that economically benefited Pandemia and Amnesia masternode holders, with a newly implemented rewards system.Everybody loves an investment option that brings them a regular passive income. Be it as interests or dividends or profits, the idea of extra and secured earnings is always attractive. In crypto before the concept of masternode hosting was introduced, making money through cryptocurrencies required holding the assets and hoping for the prices to go up. While it seemed lucrative, it was also a great risk taking into consideration that the prices may fall or the coin may fail. However, with masternode hosting, regular stable cryptocurrency returns are now a possibility though that does not guarantee the price value of any coin as there are other factors that may affect the real value.Panam is a long term project to create private digital currency for every generation. the primary target of the coin is to ensure a fair distribution for its users, combined with a plethora of important features.
PANAM is an open-source Proof-of-Stake digital cryptocurrency for fast (using SwiftX), private and secure microtransactions. Our main goal is to create a decentralized fully secure and anonymous network to run applications which do not rely on any central body control. By having a distributed system, thousands of users will be responsible for maintaining the application and data so that there is no single point of failure.
PANAM is built as masternode system and will be generously rewarding because it is in the interest of our team to ensure a stable return of investments for masternode owners. Besides being a great source of passive income, masternodes also provide verification, consensus and provide extra security and stability to the network, with the masternode rewards being paid to the masternode holder. If the collateral for a masternode is out of reach, one can simply stake a smaller amount of coins and still reap the benefits of rewards.
We are also working and developing on our project to add other abandoned projects and implement them into our blockchain to add more value to the chain. The idea and name of the project is going to remain confidential due to high risk of theft. By using PANAM in a VPS payment service, PANAM will become more valuable and interesting for investors.
We strongly believe that our powerful well-coordinated team will help us to find a cohesive community for our project. We are not just another "selling masternodes and running away with your BTC" project, we are going to improve the stability and features of PANAM more and more, that will increase the interest to PANAM and to cryptocurrencies in common.
PANAMCoin has a premine of 10% (5M) which is divided in:
- 2M dev fund (marketing, listings, bounties etc.)
- .6M swap fund for Amnesia/Pandemia investers to convert their holdings to PANAM Coin at a yet to be determined ratio.
- 2.4M for taking in investers of other abandoned/ exit scam coins.
BLOCKCHAIN SPECIFICATIONS
NAME| PANAM
TICKER| PANAM
TYPE| POS+Masternode
ALGO| Quark-hash
BLOCKTIME| 60 Seconds
DIFFICULTY RETARGETING| Every Block
MAX SUPPLY| 50,000,000 PANAM
PREMINE| 5,000,000 (For Chain Swap 1:100 from the old chain + Development)
SwiftTX| Active
Smart Contracts| TBA
Masternode Collateral|20000 PANAM
Block reward breakdown (Block height - Reward per block), (80% masternodes, 20% stakers)
Block 201-50,000 - 10.00 PANAM
Block 50,001-100,000 – 5.00 PANAM
Block 100,001-500,000 – 2.50 PANAM
Block 500,001-900,000 – 1.25 PANAM
Block 900,001-1,500,000 – 0.50 PANAM
Block 1,500,001-6,000,000 – 0.25 PANAM
Block >6,000,000 – 0.125 PANAM
Roadmap:• Phase 1
◦ Develop new blockchain for PANAM, along with cross-platform wallets
◦ Begin the swap from Amnesia/Pandemia
◦ Bounty campaigns for website images, logo designs
◦ Launch marketing campaign (social media, masternode platforms etc.)
• Phase 2
◦ Prepare codebase for cross-platform atomic swaps (using BlockNet’s Xrouter
technology)
◦ Intergration of PANAM Discord tipping bot
◦ Mobile wallet integration
◦ Web wallet integration
• Phase 3
◦ Development of use-cases (integration with online hosting platforms to accept PANAM
as payment, among other uses)
◦ Structuring of community voting platform (for voting on budget proposals, similar to
DASH’s treasury foundation)
• Phase 4
◦ Merchant adoption of PANAM coin (Debit card integration, Point-of-Sale device
◦ Hardware wallet integration
More information at
https://panam.network /coming soon/
Join our Discord @
https://discord.gg/CCqYCk9!
Github:
https://github.com/panamcoin/
