Paycoin
PCI#576 by market capNot covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
Paycoin is for e-commerce. We have not written its record yet, so its promises are not checked. It trades at $0.0374, #553 of all coins by size, 99% below its highest ever price.
This week Nothing changed on its record.
A real job. No dated promises on its pages. Nothing dated ahead. Biggest of 11 e-commerces. Nothing to be careful of on the record.
Is it real?
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1 of 4
- ✓A real-world jobReal-world purpose: e-commerce
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
No named backer
- Origin17 February 2021about about 5 yearspayprotocol.io, GitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorNot on a big exchange we track
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
E-commerce
11 coins tagged E-commerce, worth $81.86M together. #1 of 11 by worth.
E-commerce: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Paycoin$38.19Mthis coin+2.1%54% outno record
Optio$11.27M3.4× smaller, −$26.92M28% outno record
HAVA$8.84M4.3× smaller, −$29.35M+0.2%, gap −2.020% outno record
BIDZ Coin$5.8M6.6× smaller, −$32.39M13% outno record
Nomu$4.07M9.4× smaller, −$34.12M−1.4%, gap −3.5100% outno record
Boson$3.14M12.1× smaller, −$35.05M−1.2%, gap −3.385% outno record
Wexo$3.13M12.2× smaller, −$35.07M+5.5%, gap +3.437% outno record
Kin$2.56M14.9× smaller, −$35.63M+29.6%, gap +27.590% outno record
E-commerce: this coin next to Optio, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Paycoin says
- We are a project that focuses on implementing blockchain into payment.
- Optio says
- Optio Blockchain is a user-first, decentralized ecosystem designed to return data ownership and value to individuals instead of Big Tech corporations.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
We are a project that focuses on implementing blockchain into payment. We now have more than 10,000 merchants in Korea that accepts Paycoin, including 7-eleven, Domino's Pizza, KFC, and more.
Problem it says it solves: e-commerce. 11 coins are working on it and together they are worth $81,859,442. This coin is 47% of that.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $4.22 on 17 February 2021. Today is 1% of that.
54%
of all PCI that will ever exist is already out in public hands: 1.02B coins.
46% (877.42M coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 1.02B of 1.9B.
- 877.42Mcoins still to be released, 46% of the maximum. Releases can add selling pressure.
- 1.9×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $4.22 on 17 February 2021. That is −99.1% from the top.
- #553by market cap, $38,194,349.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Nothing in the news this month.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy