Paycent (PYN) - Bridging the gap between Cryptocurrency and Fiat | Bounty



  • Paycent is a global mobile dual e-wallet that can be funded by cryptocurrencies (e.g. Bitcoin, Ether, Litecoin) with high liquidity and fiat currencies within the same mobile application. This allows the cryptocurrencies holders multiple avenues of spend and straddle the world of fiat and cryptocurrencies. By having integrated fiat and crypto mobile wallets, plus the option of having a debit card linked to Paycent, this opens 200 countries and 36 million points that Paycent is accepted. The full ecosystem of Paycent and Paycent mPOS allows payments for daily household spend such as utilities, cable and Telco airtime. All conversions from cryptocurrencies to fiat will be done in realtime.

    What is Paycent

    Paycent is a financial platform powered by Texcent, a Singapore-based company dedicated to deliver fully
    integrated mobile applications. Paycent aims to be the global leader for complete mobile and cashless
    transactions. Paycent runs on an entirely virtual channel and is comprised of two apps: one for users and one
    for merchants. We offer both users and merchants a secure and convenient digital payment platform so you can
    send and receive funds, shop and pay bills without using cash or credit cards.

    What is Paycentos

    Paycentos is a cryptowallet that enables the user to exchange between fiat currencies and cryptocurrencies
    seamlessly. The Paycent e-wallet is the major gamechanger as it enables users to buy, store, transfer and pay
    using blockchain assets through their smartphone or a physical Paycent Debit card across 200 countries and 36
    million merchants.

    Paycent aims and seeks to offer its users access to a plethora of blockchain assets and fiat currencies with realtime
    accessibility and convenience, while adhering to the highest security standards in the industry.

    Since the Paycent App is built on a decentralized platform, users and businesses can seamlessly exchange their
    assets from one another. This eradicates the risks and frauds observed with centralized solutions in the market
    currently.

    The crypto asset to fiat conversion takes place automatically at the time of transaction. The Paycent App itself

    functions as an exchange where users can conveniently convert all types of blockchain assets into Paycentos
    tokens and vice versa without any service fee incurred. Users can choose among the different crypto assets for
    any particular transaction or purchase from the Paycent App.

    Product Advantages

    • Multi-asset (any blockchain asset compatible with and accepted by the Paycentos Wallet)
    • Assets stay in cryptocurrency in Paycentos Wallet
    • Best available foreign exchange and transaction fees
    • Decentralized and trusted storage
    • Global access to 36 million points of acceptance online and offline in close to 200 countries
    • Rental payment in Paycentos for all Forest.ae rental properties
    Users earn a 0.1% reward for every purchase transaction. This incentive will be transferred to the user in form of
    PYN tokens on a monthly basis, which additionally gives them the opportunity to become PYN token holders and
    further benefit from a potential value upside of the tokens (see the section below entitled “Paycent Initial Token
    Sale” for further details). Going forward, Paycent aims to distribute the reward in realtime.

    What is Paycent mPOS

    Paycent mPOS allows merchants to have the freedom of accepting cryptocurrencies from our users with
    Paycent crypto wallet or any other private crypto wallet. This gives merchants the option of keeping it in crypto
    or converting to fiat in realtime. The regular card MDR can be saved by the merchant if they transact within the
    crypto ecosystem, this is an added margin for merchants that want to go cashless but are constrained to low
    margins and high MDRs that card companies / banks are charging.

    mPOS – Extended version:

    In order to scale the acceptance of cryptocurrencies for all merchants in all categories. We are creating a
    Paycentos crypto gateway to function as a plug and play to their existing POS systems adding a benefit for
    merchants to collect payments for VISA, MC, AMEX, JCB, Union Pay and Cryptocurrencies. Tailored customization
    will be available for Corporates in the Retail, Hotel and Travel industries. The mPOS will be available on Web and
    Android/iOS. Merchants using our gateway/mPOS will be listed on our Category Merchant list on our
    Platform. Additionally, merchants can promote their products and services to thousands of cryptocurrency users
    across the globe.
    Our in-house Exchange is a valuable element for offering competitive exchange rates to USD, EUR, GBP, SGD and
    more to our Paycent merchant platform. We offer the lowest rates available for FIAT currencies to
    cryptocurrencies. The input currency list in our system covers: EUR, USD, GBP, SGD, MYR, Won, and many to
    come.
    Onboarding of Merchants take no longer than 24 hours. Technical bandwidth for merchants to integrate the
    gateway takes 1-2 hours and there’s total technical support provided during the development phase.
    Benefits to Merchants are that they no longer incur hefty MDRs and have global visibility for their brands and
    promotions.

    Paycent Debit Card

    Enabling cryptocurrencies to be spent anywhere and anytime

    Paycent Card aims and seeks to offer its users access a plethora of blockchain assets and fiat currencies with
    realtime accessibility and convenience, while adhering to the highest security standards in the industry.
    Our user is issued a Paycent card (physically and virtually), a Debit Card which is also powered by a Paycent
    wallet (linked to the Card) simultaneously that could be loaded/topped-up using Credit, Debit cards and bank
    transfers. The wallet can be loaded using blockchain assets like BitCoin (BTC), Ethereum (ETH), Dash (DASH),
    ERC20 currently and other valuable digital assets. And in time, the Debit card would function as a Credit card
    (post owing a banking license).
    Users unbanked or underbanked can use channels like kiosks and cash deposit machines to load their Paycent
    Wallet which can further be transferred to Paycent Wallet. Now the fiat is available to convert into a crypto
    asset. Crypto asset is then powered by a Debit card enabling the facility for Online and Offline


    Paycent Card synergy and strategic partnerships with globally renowned card issuing and processing
    companies enable the facility for its users to transact and pay for any services across 200 countries and
    36 million merchants (i.e., points of acceptance). Additionally, one could also withdraw cash from ATM terminals.
    A Paycent user can use their BTC, ETH, DASH or ERC20 assets via the Paycent Debit Card (Paycentos Wallet) at
    offline and online channels, wherever the card is accepted.

    Since the Paycent App is built on a decentralized platform, users and businesses can seamlessly exchange their
    assets from one another. This eradicates the risks and frauds observed with centralized solutions in the market
    currently.
    The crypto asset to fiat conversion takes place automatically at the time of a transaction. Paycent wallet itself
    functions as an exchange where users can conveniently convert all types of blockchain assets into Paycentos
    tokens and vice versa without any service fee incurred. Users can choose among the different crypto assets for
    any particular transaction or purchase from Paycent Wallet. User gets a virtual Paycent debit card
    simultaneously generated and visible on Paycent App while the multi-cryptocurrency wallet is created. Physical
    card could be ordered from the App itself. User gets a virtual Paycent card simultaneously generated and visible
    on the App while the multi-cryptocurrency wallet is created. Physical card could be ordered as per requirement
    from the App itself.
    Sending cryptocurrencies between Paycent App users is free and in realtime, with the currency being available
    in realtime for the recipient on their Paycent debit card.
    The 1st 10,000 Paycent debit cards will be released in Asia Pacific, CIS, EU and the UK starting from the 10th of
    April 2018 – 30th of April 2018. These 1st 10,000 Paycent debit cards are classified into Solitaire, Sapphire, and
    Ruby cards. Paycent Solitaire and Sapphire debit cards will be issued free of charge to our early contributors who
    have contributed more than 500 ETH and 100 ETH, respectively. The Paycent Ruby cards will be charged with a
    nominal fee of USD15 per card.

    PAYCENT DEBIT CARDS

    1. Paycent Solitaire Card

    This is a limited edition card for Paycentos (PYN) token
    holders who invest 500 ETH or more in the project. It comes
    with daily spending limit of US $100,000 and withdrawal limit
    of US $5,000 aside from the multiple additional rewards for
    the token holders. Card issuance and delivery fee are waived
    for Paycent Solitaire card holders.

    2. Paycent SAPPHIRE CARD

    This card is designed for PYN token holders who invest 100
    ETH or more in the project. It comes with daily spending limit
    of US $50,000 and withdrawal limit of US $3,000. Card
    issuance and delivery fee are waived for Paycent Sapphire
    card holders.

    3.Paycent RUBY CARD

    This card can be generated through the app by the users as
    Paycent Ruby virtual card or they can order it. This will be the
    standard Paycent debit card that comes with a daily spending
    limit of US $5,000 and with a withdrawal limit of US $1,000.


    Paycent Realtime Framework

    Paycent Realtime Framework Layer will be the foundation of the Exchange that we will build in conjunction with
    Central Bank of UAE. With this exchange under the joint management of the Central Bank of UAE and Texcent,
    Paycentos will be needed to pay for services rendered by the Exchange. With Forest.ae and with the onboarding
    of the Real Estate ecosystem to accept Paycent as a default cryptocurrency, the demand and
    appreciation of Paycent is assured.

    USER FLOW

    • User Flow of Fiat to Cryptocurrencies

    • User Flow of Cryptocurrencies to Fiat

    • Total Flow

    Buyback and Rebates Programme

    • With our mPOS MDR 1.1%

    (a) Non Paycentos cryptocurreny
    • 1% is paid to Paycent for operational charge.
    • 0.1% is used to buyback Paycentos directly from the market quarterly and then will be immediately burned.
    This will be done for the 1st five years of the merchant using our mPOS, after that the merchant will be
    charged only 1% MDR and the merchant will not be part of our buyback programme. As we will be
    expanding our merchant ecosystem, we will have an ever-increasing number of merchants
    contributing to our buyback programme.

    (b) Paycentos Cryptocurrency
    • 0.1% is paid to Paycent for operational charge.
    • 1% is given back to the user in the form of “token back” and is deposited into the Paycentos e-wallet
    quarterly. This is to encourage our Paycent e-wallet user to switch to Paycentos as a default
    cryptocurrency thereby increasing its demand.

    With our mPOS MDR 1.5%

    • 1% is paid to Paycent for operational charge.
    • 0.5% is used to buyback Paycentos directly from the market quarterly and then will be immediately burned.
    • With this buyback and burn with a finite supply of Paycentos, we are hoping to make Paycentos a compelling
    opportunity to hold with a diminishing supply and high potential for the price to rise.
    • We have signed an agreement with Forest.ae to be their sole cryptocurrency e-wallet to collect rental fees
    in Paycentos from their rental property across GCC. We have negotiated a special MDR rate for the 1st five
    years.

    the greAt token sAle

    Implementing and integrating our crypto Paycent e-wallet with our live Paycent fiat e-wallet demands special
    resources. Bringing in the right set of personnel from Developers to Legal and developing the infrastructure will
    require additional funds. We are offering an Initial Token Sale of PYN tokens (Paycentos), instead of raising funds
    via the traditional method, to allow the community to participate in our success of straddling between the
    crypto and fiat world. The utility token can be used within the Paycent dual e-wallet whenever conversion is
    required from crypto to fiat.

    • What is the Offer

    sa

    We will offer 60% of all PYN tokens created to the public for purchase on the 2nd November 2017 starting at 9am
    Singapore time till 30th November 2017. A further 19% of the PYN tokens created will be kept by Texcent as a
    reserve. Extra 1% bounty will be used for the bounty campaign. 10% of the tokens will be allocated for education
    and research for related blockchain technologies in all verticals, and a part of this will also go towards funding
    a Land Grant in Manila to construct the Asian Blockchain Institute of Technology (ABIT). ABIT’s vision is to bring
    together the brightest minds in the community to build on the project. The remaining 10% of the PYN tokens
    will be distributed to the founders, employees and early investors to secure long term interest and alignment
    within the company.

    Besides building the Asian Blockchain Institute of Technology (ABIT), we will also be funding academic research
    and educational classes for aspiring developers, who will eventually make contributions and benefit the
    blockchain community. With a large blockchain community forming in the Philippines and the region, ABIT will
    also establish research cooperation with regional universities on various types and verticals of blockchain.
    Classes on blockchain and its derivatives will be held for all interested student and developers, and blockchain
    conferences will be organized to exchange ideas within the community and to bring awareness to the masses.

    Each PYN token will be sold for 1:600 ETH (1 ETH will give your 600 PYN tokens). Other cryptocurrencies will be
    converted to ETH for the purchase. The minimum investment amount is 0.025 Ethereum.

    We will accept a maximum of 450,000 ETH as our upper limit. If this amount is raise before the closing date
    of our TOKEN SALE, we will stop the sale. If the amount is less than the maximum, the ratios will apply to the
    amount raised.

    THE REWARDS FOR PYN TOKEN HOLDERS

    Holders of PYN tokens will receive 33% of the aggregate exchange rate revenue for cryptocurrencies to fiat and
    vice versa converted between the dual e-wallet of Paycent. This will initially be done quarterly with the bounty
    being paid in ETH to the PYN holders.

    For the users of Paycent Debit Card, they will receive an addition 0.1% of each spend in PYN tokens as loyalties
    token-back (similar to cash backs from credit cards). This will create a secondary distribution of PYN tokens that
    will create an open market for PYN with a price support and price increase.

    We will NOT create new PYN tokens after this TOKEN SALE, to support the growth of the PYN in the
    open market.

    Holders of PYN tokens will receive 33% of the total interest revenue of micro loans to Paycent lenders. This will
    be done quarterly with the bounty being paid in ETH to the PYN holders

    Milestones

    Timeline

    Usage

    • Acquiring Remittance and Wallet license, Overall Banking license and 2 banks in Philippines
    45,000 ETH
    This will allow Texcent to apply for a full banking license in the countries it is operating. Currently, Texcent is in
    the process of applying for Money Licenses in HK, SG and MY. A full banking license will give Texcent the ability
    to lower fees from interchange and transfer fees. Furthermore, Texcent will be in a better position to negotiate
    local card rewards and royalties for local users. In the Philippines, we are in tier 2 talks to acquire two banks and
    merge them, to allow Paycent to be their online presence, which can provide micro financing and basic banking
    to the unbanked. As US is a large potential market for Texcent, it will require a substantial working capital to
    acquire remittance and full banking licenses in all 50 states.
    • User acquisition and marketing promotions
    157,500 ETH
    This will be used for marketing to the fiat world the benefits of cryptocurrencies and the ease that Paycentos
    allows a normal fiat user to enter into the cryptocurrency world and its ability to convert back to fiat or pay for
    everyday items in realtime. We will target GCC countries where there is a high proportion of wealth that is still
    in the fiat ecosystem for ease of use of having a “Dual” e-wallet.
    • Country operations and salesforce
    90,000 ETH
    As Paycent straddles both the cryptocurrency and fiat world, offices are required and a salesforce for
    partnerships and merchant acquisition. This ensures that Paycent will have a thriving ecosystem of merchants
    and payment gateways for our users to pay with cryptocurrency or fiat. We are targeting 9 countries with each
    country using 10,000 ETHs for operation cost.
    • Merchant acquisition and strategic partnerships
    90,000 ETH
    This will be used for strategic partnerships so that our Paycent users can have almost an immediate merchant
    ecosystem that allows both the use and exchange of cryptocurrencies in the domestic market. Furthermore
    our salesforce will source for local “mom and pop” shops to entice them to use our Paycent mPOS which
    accepts Paycentos cryptocurrencies and Paycent fiat currency. This will allow the Paycent user to have a
    market ecosystem in their neighborhood.

    • Technical development and integration costs
    67,500 ETH
    Integration with Blockchain exchanges is highly technical and requires the resources of skilled engineers to build
    and execute. The initial resource-intensive project will be to build an abstraction layer that allows future
    exchanges to “plug and play” with our Paycent dual e-wallet framework. All other integration cost will be for our
    e-wallets to be integrated into “brick and mortar” institutions such as utility companies, cable, schools and local
    area governmental agencies. Retail and ecommerce sites will be integrated via regional/local aggregators.

    Token Sale Summary

    Pre-ICO

    12th Oct 2017;
    Singapore Time 9 AM (UTC +8)

    End date - 21st Oct 2017;
    Singapore Time 5 PM (UTC +8)

    Pre ICO Cap - 22,500 ETH

     Pre-ICO Bonus

    33%



     Token Sale Bonuses
    (starts on Nov 2, 9 AM UTC+8)

    Duration

    Bonuses

     

    First 48 hours

    27%

     

    Day 3 - 5

    18%

     

    Day 6 - 10

    12%

     Token Holder Benefits

     33% of the aggregate exchange rate revenue will be distributed to all PYN holders quarterly

     

     Tokens worth 33% of Loan interest rate collected disbursed quarterly

    Token Sale Starts

    2nd Nov 2017;
    Singapore Time
    9 AM (UTC +8)

    Token Sale Ends

    30th Nov 2017;
    Singapore Time
    9 AM (UTC +8)

    % of Tokens to be Sold

    60

    PYN cap for entire token sale

    270,000,000

    Exchange Rate

    1 PYN : 0.001667 ETH

    Minimum Contribution

    0.025 ETH

    Accepted Cryptocurrencies

    Ethereum, Bitcoin and Litecoin

    Team:

    Useful Links:

    White Papers:

    English:https://paycent.com/wp-content...

    Indonesia:https://paycent.com/whitepaper...

    Spanish:https://paycent.com/whitepaper...

    french:https://paycent.com/whitepaper...

    Japanese:https://paycent.com/whitepaper...

    Korean:https://paycent.com/whitepaper...

    Links:

    Website:https://paycent.com/

    Blog:https://medium.com/@paycent

    Slack:https://join.slack.com/t/payce...

    Telegram:https://t.me/paycent

    Facebook:https://www.facebook.com/payce...

    Twitter:https://twitter.com/PaycentGlo...

    Linkdin:https://www.linkedin.com/showc...

    Bitcointalk:https://bitcointalk.org/index....

    Github:https://github.com/PaycentGlob...

    Google+:https://plus.google.com/103649...

    Youtube:https://www.youtube.com/channe...

    E-Mail:[email protected]



  • Paycent (PYN) Bounty Programme

    Details of Bounty Programme

    • The bounty pot will be split according to points accumulated pro-rata among the participants.
    • Every bounty supporter needs to register on our online sheet, see below.
    • Following the ICO, all stakes data will be calculated, whereupon the winners and bounties will be officially announced. Participants will be asked to send their ETH wallet addresses (e.g. https://www.myetherwallet.com/) to our email address to claim their bounty.
    • A maximum of 450,000 ETH is set as our upper limit, 1% of this will be used for the bounty campaign. If this amount is raised before the closing date of our token sale, we will stop the sale. If the amount is less than the maximum, the ratio will apply to the amount raised.”
    • A bounty pot of 4,500,000 PYN tokens or almost 2.12M USD (as of 13-Sept-2017, ETH to USD conversion) will be distributed among different channels.
    • Channels
      1. Twitter – 20% (900,000 PYN tokens)
      2. Facebook – 10% (450,000 PYN tokens)
      3. Bitcointalk signatures – 20% (900,000 PYN tokens)
      4. Bitcointalk translations and moderation – 5% (225,000 PYN tokens)
      5. Youtube – 15% (675,000 PYN tokens)
      6. Blog – 15% (675,000 PYN tokens)
      7. Translation of Whitepaper and other documents – 10% (450,000 PYN tokens)
      8. Newsletter subscriptions – 5% (225,000 PYN tokens)

    Requirements for Twitter – 20%

    Each of Paycent’s ICO tweets can only be retweeted and commented once for points. This means up to two actions per tweet are rewarded with points.

    • Follow our official Twitter account: @PaycentGlobal
    • Retweet or Reply positive comment with hashtags to our ICO tweets
    • Each tweet has to contain at least 2 out of the 3 official hashtags: #Paycent #PaycentICO #Paycentos
    • The retweet/comment has to remain posted for at least 1 month after the end of the campaign.
    • The number of points earned depends on the number of followers the account has:
        0 – 99 followers: 1 Point 100 – 500 followers: 2.5 Points 500 – 1000 followers: 5 Points 1001 – 1500 followers: 7.5 Points 1500 – 2000 followers: 10 Points 2001 – 2500 followers: 25 Points 2500 – 5000 followers: 60 Points 5001 + followers: 100 Points

    Requirements for Facebook – 10%

    Like our Facebook page for your stakes to count.

    Must have at least 50 number of friends/followers.

    • Every ICO post (text / image / video / link) like: 10 stakes/points
    • Comment (at least 30 characters per comment): 20 stakes/points
    • Public share of an ICO post: 30 stakes (must be “share now” or “share to friends”)

      Every week we will randomly select 10 bounty participants and check their “sharing” type. If their share is “private”, “single person” or any other, the participant in question will not receive any bounty rewards.

      To determine your Facebook bounty stakes, Paycent needs permission to review your Timeline posts. No personal data will be stored or shared with third parties.

      No personal data will be stored or shared with third parties.

    Bitcointalk signatures – 20%

    Rewarding community members who use our tagline as their signature on Bitcoin talk forum.

    NEWBIE

    [center]Paycent|Pre-ICO: October 12, 2017[/center]

    JR MEMBER

    [center]Paycent|[url=<a href="https://bitcointalk.org/index.php?topic=2173711]LINK">https://bitcointalk.org/index....</a>
     TO DISCUSSION[/url]|Pre-ICO:October 12, 2017[/center]

    MEMBER

    [center][url=paycent.com][size=16pt][font=Arial][color=black][b]Paycent[/b][/color][/font][/size][/url]
     [color=black][size=13pt]BRIDGING THE GAP BETWEEN CRYPTOCURRENCY AND 
    FIAT [/size] 
    [url=https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf][color=#df1e2b]WHITEPAPER[/color][/url][color=#000]
     | 
    [/color][url=<a href="https://bitcointalk.org/index.php?topic=2173711][color=#000][b]LINK">https://bitcointalk.org/index....</a>
     TO DISCUSSION[/b][/url] |[color=#df1e2b] Pre-ICO: October 12, 
    2017[/color][/center]

    FULL MEMBER

    [center][table][tr][td][size=5pt] [/size][b][font=Arial] 
    [size=14pt][color=#0b334b]BRIDGING THE GAP BETWEEN CRYPTOCURRENCY 
    [/color][color=#f9c230]AND [/color] [color=#0b334b]FIAT 
    [/color][/size][/font] [/b][/td] 
    [td][size=14pt][url=paycent.com][color=black]  P A Y C E N T   
    [/color][/url][/size][/td] [td][size=5pt] [/size] 
    [b][url=https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf][color=#f9c230]WHITEPAPER[/url][color=#0b334b]
     | 
    [/color][url=<a href="https://bitcointalk.org/index.php?topic=2173711][color=#0b334b]LINK">https://bitcointalk.org/index....</a>
     TO DISCUSSION[/url][/b] [size=3pt] 
    [/size][color=#0b334b][size=13pt][glow=#f9c230,1,1] Pre-ICO October 12, 
    2017 [/glow][/size][/color][/td][/tr][/table][/center]

    SR MEMBER

    [center][table][tr][td][size=23pt]  
    [/size][b][font=Arial][size=12pt][color=#0b334b]BRIDGING THE GAP BETWEEN
     CRYPTOCURRENCY [/color][color=#f9c230]AND [/color] 
    [color=#0b334b]FIAT   [/color][/size][/font] 
     
    [/size][b][url=https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf][color=#f9c230]WHITEPAPER[/url][color=#0b334b]
     | 
    [/color][url=<a href="https://bitcointalk.org/index.php?topic=2173711][color=#0b334b]LINK">https://bitcointalk.org/index....</a>
     TO DISCUSSION[/url][/b] [size=3pt] 
    [/size][color=#0b334b][size=13pt][glow=#f9c230,1,1] Pre-ICO October 12, 
    2017 [/glow][/size][/color][/td][/tr][/table][/center]

    LEGENDARY/HERO

    [center][td][size=5pt] [/size] [b][font=Arial] 
    [size=22pt][color=#0b334b]  BRIDGING THE GAP BETWEEN CRYPTOCURRENCY 
    [/color][color=#f9c230]AND [/color][color=#0b334b]FIAT 
    [/color][/size][/font] [/b][/td][/center][center][td][size=6pt] [/size] 
    [b][url=https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf][color=#f9c230]WHITEPAPER[/url][color=#0b334b]
     | 
    [/color][url=<a href="https://bitcointalk.org/index.php?topic=2173711][color=#0b334b]LINK">https://bitcointalk.org/index....</a>
     TO DISCUSSION[/url][/b] Pre-ICO October 12, 2017 [/td][/center]

    Bonuses for rank:

    Newbie: +1 point per week Junior member: +1 point per week Member: +2 points per week Full member: +4 points per week Senior Member: +6 points per week Legendary/Hero member: +8 points per week

    Each user earns +1 point per post with the signature. To qualify, you must make at least 10 constructive posts per week.

    Bitcointalk translations and moderations – 5%

    Required to contact us to register interest for this.

    5% of the total bounty pool will be distributed to community members who translate and moderate our original post at Bitcointalk and act as moderators.

    Moderators answer inquiries from community members and keep the post alive.

    Paycent support team is permanently available to answer requests from moderators.

    Point reward for translating and moderating ANN thread: 100 points Point reward for translating and moderating BOUNTY thread: 50 points

    Youtube – 15%

    Interested user needs to pre-register with us first.

    15% of the total bounty pot will be distributed to Youtube ambassadors.

    Every Youtube channel with at least 500 subscribers has a chance to earn points in the campaign.

    Each unique video posted can only earn points once.

    Requirements:

    • The video is at least 2 minutes long
    • Positive message about the project
    • It is posted at least 1 week before the actual token sale and remains posted after the campaign for at least 1 month.

    Points system: 500 – 2,000 subscribers: 10 points 2,000 – 5,000 subscribers: 50 points 5,000 – 10,000 subscribers: 200 points 10,000 – 30,000 subscribers: 500 points 30,000 – 50,000 subscribers: 1000 points 50,000+ subscribers: 2000 points

    Blog – 15%

    In order for a blog post to qualify:

    • It must be at least 200 words
    • Needs to contain the link to our ICO website at least twice
    • Present unique analysis/opinion of the project, as opposed to repost/translation.
    • Remain published at least 1 month after the end of the coin sale.

    Point reward for every blog post: 100 points

    Translation – 10%

    10% of the bounty pot will be distributed to other translations.

    If our Bitcointalk post has not been translated into your language yet, we encourage you to contribute with your own translation and earn points in return.

    Please contact us at [email protected] to confirm and reserve your translation. You will receive additional points for each post you get in the thread of your translation.

    Points for translation and moderators are given as follows:

    • Whitepaper: 150 points
    • Video subtitles: 15 points

    Newsletter subscription – 5%

    ICO pre-sale details will be announced exclusively via email, giving community members access to discounts up to 30%.

    On top of that, we are also distributing 5% of the total bounty pot among newsletters subscribers.

    To qualify, simply sign up to our newsletter at Paycent ICO website.



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