PACcoin (PAC) Review & Analysis – PACcoin Token Analysis

PACcoin

The Peoples Alternative Choice

Network Token

Introducing $PAC (PACcoin), a third generation cryptocurrency that is focused on four key factors:

Choice – PAC stands for the “People’s Alternative Choice” a new form of Internet Currency. Having a choice in an alternative store of value promotes internet commerce and fosters innovation.
Content – In the middle of the PAC economy PAC becomes the primary medium of exchange. Content now becomes one of the vehicles that is exchanged as a value. An example of this would be a service marketplace where people would be looking to purchase new branding for their business, or an intro video explaining their offerings.
Community – Communities come together and provide support to solve and identify problems throughout the PAC economy. We have discovered the beginning of a social governance framework that will enable our social network to evolve into a problem-solving machine.
Charity – Charitable focus is another cornerstone of the PAC economy. Charitable focus is a fundamental value of many of the problems in our day-to-day lives that can be solved easily in a community environment. The community continually grows in its ability to help charitable causes as people discover together the benefit of functional charitable economy.

“PAC is a community driven successor to Bitcoin, incorporating various improvements such as a two-tier incentivized network, known as the Masternode network. The major aim of $PAC is to become the most efficient and user-friendly cryptocurrency that is available globally. Our network features double-send proof transactions and transaction history that is erasable in terms of receiving funds. $PAC works using the principle of decentralization whilst upholding the belief that our community is the face of the coin.”

Exchanges

Cryptopia | Yobit | CryptoBridge

Positives

If you had to describe $PAC in two words it would be “Community Driven”. The communities response to our Vote/Poll that we held on Twitter was phenomenal . We’ve seen countless projects claim to be driven by the community, powered by the community, etc, etc, but $PAC stands out by a mile in regards to development progress and marketing ability. Investors who are looking to jump into a project with consistent developments both Technical and Fundamental will see a lot of value in $PAC
Being what some would call a “Currency Coin”, $PAC has the opportunity to power countless applications in many industries. Social Governance is a big part of what makes $PAC work and because of this, the community is able to integrate $PAC into whatever they want. Retailers can accept $PAC for both physical and digital products/services and with this, owners of the $PAC coin have an actual use-case for their tokens which in todays crypto scene is a big deal. Woocommerce Integration is readily available for online retailers and several “brick & mortar” stores ranging from Coffee Clubs to Painting Services are already taking advantage of the currency.
Paclyfe.net is $PACs decentralized hub of innovation and ideas. $PAC mentions use-cases of this hub ranging from Kickstarter-like applications to simple peer-to-peer marketplace transaction apps. Think of Paclyfe as a starting point for anybody wanting to actually use their $PAC coins. The length that $PAC has gone to really embrace the tokens value in more ways than one is commendable. Everything from branding to social media activity to developer interactivity is outstanding.
Now, we must discuss the “Investors” point of view here, because lets face it, $PAC is valuable to own and this is crypto after all. Investors have an excellent opportunity to enter a sector of the crypto scene that is probably the most likely to garner adoption at a greater rate when compared to more niche sectors of crypto such as advertising, traceability, etc. $PAC has a simple idea and as long as the community continue to push the project and retailers continue to adopt the currency, a market cap of $16 million (August 16th, 2018), is crazy low. At its current valuation, $PAC is what a lot of people would call an “Undervalued Gem”. (We hate that term.. But its true)
Like we mentioned in our “Concerns” section, competition is present and will continue to be present as more projects enter this space. With that being said, the simplicity of these types of projects means that a strong community is an absolute must, and luckily, $PAC has this packed up.

Concerns

Our main concern is a simple one – competition and adoption. Coins such as $PAC have an opportunity to be utilized in such a wide range of applications, adoption is really a matter of the community marketing and advertising the product as a viable solution. It’s a game of who can market their product the best and the fastest because as we call know, Cryptocurrency moves extremely fast and can often leave projects behind when another “Shiny Object” pops up. As long as the $PAC community keeps doing what they’re doing and the project continues to develop both technically and fundamentally, it should be remain relevant and sought after.
From an investors standpoint, the Circulating Supply versus the Maximum Supply is quite the comparison. Currently, the Circulating Supply stands at just under 5 Billion $PAC (August 16th, 2018) with a Maximum Supply of 100 Billion. Investors at these levels need to keep in mind that this is often the case for projects looking for mass adoption. More coins entering the Circulating Supply obviously decreases the scarcity/rarity of the coin and with that, price CAN suffer as a result although not always. Good to see a Maximum Supply on $PAC regardless.
NOTE: THE FOLLOWING CONCERN WILL BE REVIEWED ONCE INFORMATION IS AVAILABLE – $PAC does not currently have a “Team” page. We understand that projects that are community driven or privacy oriented often skip listing the original developers, team, etc for obvious reasons, some projects simply list their online aliases instead. $PAC unfortunately is void of a Team description in any capacity. With this being said, $PAC have recently announced that they are including a Team page with their new website. This concern will be reviewed once this happens.