PIXBY IEO On P2PB2B
We are excited and proud to announce the launch of our Initial Exchange Offering (IEO) on the world's fastest-growing exchange P2PB2B! Our first IEO session will begin on November 20th, 2019 at 08:00 (UTC)
Tokens Allocated for IEO: 50,000,000 PIXBY
IEO Price: 0.013 USD
Min. Purchase: 1,000 PIXBY
Discount 50%
About PIXBY
PIXBY is an ERC20 incentive-based cryptocurrency token. PIXBY was designed with an implication self-governed, self-sustained, incentive-based ecosystem. A key point of PIXBY ecosystem is the ability to implement features using smart contracts. PIXBY aims to systematize built-in Passive Income Protocol, self-governance system and develope Freelance Marketplace with the use and implementation of smart contracts.
PIXBY Use cases
Passive Income Protocol (PPIP)
PIXBY Passive Income Protocol (PPIP) operates with the principle of cryptocurrency staking. The PPIP protocol was written in solidity, and not related to the consensus mechanism. In other words, Passive Income investors have no right to confirm transactions or generate blocks. Basically, users get rewarded for freezing their idle PIXBY tokens in the smart contract for a certain period of time. The protocol automatically distributes 23% of the initial investment divided by 365 days on a daily basis. For example, if the initial passive investment for 100 days is 2,500,000 PIXBY — the investor will receive a daily reward of 1,575.342 PIXBY till 2,657,534.242 PIXBY is reached.
ROI: 23% annually
Minimum amount: 35,000 PIXBY
Maximum amount: 2,500,000
PIXBY Freezing time: 2–365 days
Reward structure: After 2 days rewards can be claimed daily, or upon unlock time passed investor is able to claim initial investment with all rewards.
Reward claiming: Manual. Investors have to call a function to claim daily reward.
Smart Contract powered Freelance Market
There are some significant flaws with the currently existing freelance market, centralized industry leaders like Fiverr & Freelancer.com, charge up to 40% in transaction fees. The current system has too many intermediaries making the freelance market expensive and inefficient. If you think it was bad, well most of the currently existing freelance platforms are using PayPal as the primary payment method, because withdrawals can take up to 3 working days in most countries.
An ideal solution is one that enables freelancers to work on a platform in which they gain complete control over their profits. It is also essential to protect clients from exit scammers. This solution has proven difficult, but not impossible. Escrowed trade, for instance, allows performing safe P2P transactions, in other words, when a user pays to the seller, the specified amount of any crypto-assets required to close the deal, assets are transferred from buyers wallet and held locked by escrow service. Assets are locked until the buyer confirms the job was received as described, in case of the problems support crew will resolve based on evidence provided by both parties.
Another bonus of utilizing blockchain technologies is decentralized applications (DApp) powered by the Ethereum network. DApps are smart contracts that mimic the logic of a business agreement. Because they are decentralized and running on blockchains, they minimize the need for intermediaries (banks, brokers, lawyers, courts, escrow agents) to guarantee the execution of tokens. Implementing these features in one platform provides the ability to eliminate intermediaries from the system, and significantly reduce transaction fees, in this case, also utilizing the decentralized blockchain network as a payment infrastructure means of providing royalties and rewarding everyone supporting the system.
