PTI, PTM, PTX: Know the Difference

Let’s dot the i’s and cross the t’s of the Paytomat tokenonomics.

If you’ve browsed our previous publications, you already know that the Paytomat concept is based on blockchain, wherein all participants of the payment process (vendors, merchants and users) receive rewards for using Paytomat.

Developers, vendors and merchants who accept crypto-payments receive PTM coins as a reward for enabling payments with crypto and for maintaining our blockchain. People who pay by crypto get rewarded with our tokens, called PTX, in return. In this article, you’ll get to the bottom of why we created our blockchain ecosystem, and how the economics behind it actually work.

PTM or The Coin

So, there are three main components in the Paytomat ecosystem — PTM, PTX, and PTI tokens. Each of them were made to solve a specific task and perform certain functions.

The main one is PTM — the foundational currency of the Paytomat blockchain. It is driven by a custom blockchain, which is one of the fastest in the industry. It supports atomic swaps and allows a standardized environment to create smart contracts.

These stats are ideally suited to address the challenges we face. As for PTM coin, it’s not just another crypto in the ordinary sense of the crypto-community. We are establishing our own PTM blockchain with cryptocurrency to create loyalty incentives for using various other cryptos, and their blockchains, in real life.

Put simply, PTM is set to become one of the main drivers for attracting merchants and crypto-developers — the most crucial stakeholders of our ecosystem. On the next visual, we tried to capture the key stakeholders of the PTM ecosystem and understand their motivations.

Our team is well aware that the success of any payment system depends on its adoption by the end customers. With that said, the end customers will never discover that your innovative payment method exists unless merchants are willing to present it to them.

Thus, every time the merchant receives a payment via crypto, they will get a reward — a certain amount of PTM pro data to the amount of this payment. After that, they can use the crypto-currency as they please. This is how:

PTX or The Loyalty Token

Let’s start this part with a short explanation. As you may already know, a token is a kind of a crypto that is usually based on top of the separate blockchain. More often than not, it is issued to play a certain role, whether as an asset or as a utility. The PTX is the former one. It is an asset token which is designed to become the basis for a customer loyalty program.

Like any other program, PTX rewards spending customers with loyalty tokens, which are sent directly to customer’s wallet. The way it works is similar to collecting flying miles or getting a bank cashback. Unfortunately, in this article, we can’t go into the details of the consumer rewarding model due to security reasons, but we can say that it will be made of multiple programs. We’re planning to combine the best solutions based on the analysis of both traditional fiat loyalty programs and the opportunities offered by blockchain. Here is an example how PTX works:

The loyalty program we are building won’t exclusively cover payments to the merchants in crypto. Just imagine what a powerful crypto awareness tool this might become: you will pay in crypto and get your loyalty rewards in crypto. One day you will start thinking about how you can actually use your accumulated rewards.

PTI or The Sale Token

Last but not least — a PTI token. It’s an interim token based on the Waves Platform, created for two reasons. Firstly, it’s to be distributed among the token sale participants after the Token Sale. Secondly, it will be listed on crypto exchanges before a PTM is released. Our hard cap of 17,555K tokens will limit the maximum amount of tokens issued.


There you have it. You’ve been briefed on our economic systems.

You can also find a short table that will help to consolidate the knowledge of the subject below.