Introducing $PAC (PACcoin), a third generation cryptocurrency that is focused on four key factors:
Choice – PAC stands for the “People’s Alternative Choice” a new form of Internet Currency. Having a choice in an alternative store of value promotes internet commerce and fosters innovation.
Content – In the middle of the PAC economy PAC becomes the primary medium of exchange. Content now becomes one of the vehicles that is exchanged as a value. An example of this would be a service marketplace where people would be looking to purchase new branding for their business, or an intro video explaining their offerings.
Community – Communities come together and provide support to solve and identify problems throughout the PAC economy. We have discovered the beginning of a social governance framework that will enable our social network to evolve into a problem-solving machine.
Charity – Charitable focus is another cornerstone of the PAC economy. Charitable focus is a fundamental value of many of the problems in our day-to-day lives that can be solved easily in a community environment. The community continually grows in its ability to help charitable causes as people discover together the benefit of functional charitable economy.
“PAC is a community driven successor to Bitcoin, incorporating various improvements such as a two-tier incentivized network, known as the Masternode network. The major aim of $PAC is to become the most efficient and user-friendly cryptocurrency that is available globally. Our network features double-send proof transactions and transaction history that is erasable in terms of receiving funds. $PAC works using the principle of decentralization whilst upholding the belief that our community is the face of the coin.”
If you had to describe $PAC in two words it would be “Community Driven”. The communities response to our Vote/Poll that we held on Twitter was phenomenal . We’ve seen countless projects claim to be driven by the community, powered by the community, etc, etc, but $PAC stands out by a mile in regards to development progress and marketing ability. Investors who are looking to jump into a project with consistent developments both Technical and Fundamental will see a lot of value in $PAC
Being what some would call a “Currency Coin”, $PAC has the opportunity to power countless applications in many industries. Social Governance is a big part of what makes $PAC work and because of this, the community is able to integrate $PAC into whatever they want. Retailers can accept $PAC for both physical and digital products/services and with this, owners of the $PAC coin have an actual use-case for their tokens which in todays crypto scene is a big deal. Woocommerce Integration is readily available for online retailers and several “brick & mortar” stores ranging from Coffee Clubs to Painting Services are already taking advantage of the currency.
Our main concern is a simple one – competition and adoption. Coins such as $PAC have an opportunity to be utilized in such a wide range of applications, adoption is really a matter of the community marketing and advertising the product as a viable solution. It’s a game of who can market their product the best and the fastest because as we call know, Cryptocurrency moves extremely fast and can often leave projects behind when another “Shiny Object” pops up. As long as the $PAC community keeps doing what they’re doing and the project continues to develop both technically and fundamentally, it should be remain relevant and sought after.
From an investors standpoint, the Circulating Supply versus the Maximum Supply is quite the comparison. Currently, the Circulating Supply stands at just under 5 Billion $PAC (August 16th, 2018) with a Maximum Supply of 100 Billion. Investors at these levels need to keep in mind that this is often the case for projects looking for mass adoption. More coins entering the Circulating Supply obviously decreases the scarcity/rarity of the coin and with that, price CAN suffer as a result although not always. Good to see a Maximum Supply on $PAC regardless.
