Paymon is a blockchain platform that connect all market participants through new scalable blockchain - Hive. **UPDATE - ICO raised 1.6M USD and is listed on HitBTC, IDEX & YoBit.
distributed during a 21 day (30.03. –20.04)
13.04 - 20.04
50 000 000 PMNT
distributed during a 13 day (21.04. – 03.05)
At the end of the period referred to above, a set number of PMNT Tokens will be distributed pro rata amongst all authorized purchasers, based on the total ETH and BTC contributed during those periods, respectively, as follows:
The number of all distributed PMNT tokens for authorized buyers is equal to,a – total ETH contributed by an authorized purchaser during the period. b – Total number of PMNT Tokens available for distribution in the period.c = Total ETH contributed by all authorized purchasers during the period.
1. 20 PMNT Tokens are available during a period.
2. Bob contributes 4 ETH and Alice contributes 1 ETH during the period.
3. As a total of 5 ETH were contributed for 20 PMNT Tokens during the period, 1 PMNT Token will be distributed for every 0.25 ETH contributed. Therefore, Bob receives 16 PMNT Tokens and Alice receives 4 PMNT Tokens.
Paymon suggests its own view of standard Blockchain, introducing ways of dealing with most issues of existing cryptocurrencies: the scaling problem, archaic architecture, low speed, and high transaction fees.