Review on Pakcoin by Aman Arora
Pakcoin Proving out to be a good potential Token
Pakcoin is a digital coin launched specifically for Pakistani users. Pakcoin accepts payments globally for retail stores, ecommerce and in the form of donations. Payments are received in wallet which is created after you complete signup after fullfilling all the requirements for integration. Pakcoin has gain popularity in Pakistan as it was accepted as digital payment in one of the Hospital and it has been accepted and integrated with other outlets as well.
Pakcoin can bought be Jazz cash, Earn paisa and bank transfers as well. Pakcoin is decentralized and open source with no central community has control over. One best features of pakcoin is that you can earn more pakcoins by just keeping your coins in wallet. Currently Mac,Windows and Linus wallets are available to store and accept payments in Pakcoins. Block Time takes 60 seconds and rewards are distributed based on coins you have in wallet.
Pakcoins requires boost by more integration in stores and offer lot more utilities like stablility in value and trading. It will help lot more users use Pakcoin globally in any form they want. Pakcoin also needs to be listed on more popular exchanges which will help lot more users acquiring pakcoins and use it for other purposes. Pakcoin can be a good way for projects to start using it on their platforms for accepting payments but still it requires lot of work and Improvements for the coin to be ranked amongst top coin
I can see potential but still its interface and users need to increase for better value and day to day uses.
Pros
- Pakcoin provide an opportunity to earn stable profit for storing coins in wallet
- Easy to set up account to receive payments in wallet in form of pakcoin
Cons
- Low value coin requires boost from trading and listing for mass adoption
