Post
Topic
Board Altcoin Discussion
Topic OP
Paye (Alt Currency) - a different type of currency - an idea.
by
General
on 09/01/2014, 05:53:28 UTC
Hello everyone.

I'm currently developing "Paye"

It will have 1,000,000 units.

The units are randomly given out each time an account is created.  1 - 1,000 units will be given out (at random) until they have all been distributed.

The units will be given out for 365 days -- after 365 days have ended all 1,000,000 units will have been distributed.

This is not a crypto-currency.  It doesn't rely on cryptography.

While Bitcoin is valued by rarity & labor, Paye will be valued by only rarity.

Paye is web-based and will have an Android OS & iOS app weeks or months after the beta is released.

The main goal of Paye is to enable people that aren't tech-savvy to get into e-currency & acquire e-currency without knowing how to configure hardware or join a "mining" pool.

--

Let me know if you have any questions and I will do my best to answer them.

This is an experiment -- it could be a huge flop or thrive for years.

Thanks.