PAC Global Network is a US corporate entity with a highly experienced and professional team acting as the “stewards” of the network. They have a new Board of Directors whose experience spans the Business, Finance, Regulatory compliance, Software and Blockchain Development fields.
What is PAC Global Coin?
PAC Global ($PAC) is built on the foundation of a first-of-its-kind blockchain technology utilizing both proof-of-stake and deterministic masternodes to offer instant, secure and low cost monetary transfers without the need for intermediaries and third parties. Allowing the PAC Global Coin users to send money freely to anyone, anywhere, at any time.
According to www.masternodes.online, it is currently the second largest truly decentralized masternode network worldwide with over 6.700 active nodes around the world. This makes PAC Global one of the strongest and most secure masternode networks worldwide.
The history of PAC Global
PacCoin was originally founded back in 2013 and was known as Pacifica Nation’s official coin. However since then it was rebranded and relaunched as PAC Global with a new Board of Directors and a new and unique one-of-its-kind codebase. The Company was founded by entrepreneurs Drew Saunders (CEO), George Tyler (Chief Operating Officer), Tim M. Betts (Chief Strategy Officer) and John Keeyo (Chief Financial Officer).
This new code base, developed by PAC Global, offers global, instant and secure virtual payment solutions using blockchain technology. The hard fork happened in September 2019, at the same time a new wallet with a new UI and additional functions was released.
„With the launch of our new next-generation codebase, we have created the foundation for a truly scalable and reliable payment network that spans the globe. This enables our core community developers the ability to build a wide variety of merchant focused solutions, thereby impacting the financial industry as we know it today.“
Drew Saunders, CEO of PAC Global
PAC Global also has partnerships with the House of Habsburg charity called the Flame of Peace that is active in 70 different countries (www.flameofpeace.org), a project called criptoconserje.com for the mass adoption of cryptocurrency in latin america, Global Boost (globalboo.st), the Washington Elite (washingtonelite.com) and Vendit Payment Systems (vendit-fintech.com).
Charity was and is a main integrator of PAC Global, this component is to be greatly expanded in the future.
PAC Global has a very active Github account with 461 releases and 392 contributors. The community has always been closely involved in the project, and airdrops have also taken place regularly.
The 2020 PAC Global Roadmap
On March 15, the new PACapp will be released worldwide. PACapp is PAC Global coin-ready and enables users to transfer digital currencies safely and quickly with $PACTAG. It is the industry’s first and only way to send and receive digital assets and currencies using a fixed user ID. It is available exclusively through the PAC Global Blockchain Network.
PAC Global thinks that PACapp will be an industry leader with the following key reasons:
- It eliminates the reliance on complex wallet addresses that introduce security risks due to the minimal margin for error
- It allows users to easily find each other’s $PACTAGs
- It allows users to receive payments and pay peers in seconds via the app’s contact list
- PACapp is QR Code enabled
- It has advanced fraud prevention and privacy safeguards
- PACapp includes additional features such as Activity Tracker for real-time review of requests and payment history, a $PACTAGs favorites storage platform, and a Market price and metrics ticker
Future iterations of the PACapp will include additional digital currencies and assets as well as browser-ready PAC web wallet direct integration.
Last month the company announced new listings on two large cryptocurrency exchanges and the hiring of general counsel focused on conducting token reviews and code audits.
Further steps of the 2020 roadmap are amongst other things the rollout of the new website pacglobal.io, contracts with Amazix and Fox Tail Marketing, release of exchange-based API allowing direct credit card purchases for PAC Global, the release of PAC Global wallet 2020 with auto masternode installations, internal testing and development commences for PACfile, the PAC Global Board of Directors and Community Meet-Up in Los Angeles (CA), listing on 3 top 20 marketplaces and the release of PAC Browser.
Should you invest in PAC Global Coins or masternodes?
PacGlobal is a cryptocurrency which the users are able to generate through the process of staking or the rewards of a masternode.
It is currently traded on 14 active markets with over $30.000 being traded on a daily basis. It has a circulating supply of 7.604.803.858 PAC Coins and a marketcap of $2.315.413 at a price of $0,000304 (0,00000002 BTC).
PacGlobal, like the rest of the Altcoin market, has lost significant value and has bottomed out in recent months. However, there is one particular aspect where PAC Global is a very strong argument in itself. Governance and organization are two of the biggest challenges for decentralized projects. According to the PAC Global team, the digital coin, despite its low value, has mastered the complex challenges that Bitcoin and many altcoins are facing, and has positioned itself as a digital currency that can be replaced as digital money.
This makes Pac Global ready for the future as internet-based monetary transactions continue to increase worldwide.
So investing in PAC Global seems to be beneficial in the long run. Although there are many competitors in the PAC Global price range, there is little doubt that future success will continue to be positive given the past commitment with which PAC Global and its community have driven new developments and the 2020 roadmap. There is also the possibility of a very strong price increase when the price breaks out of its current bottom.
PAC Global is without a doubt one of the undervalued Altcoin gems.
Links:
Website:
https://www.pacglobal.io/
Whitepaper:
https://www.pacglobal.io/assets/files/pac_whitepaper_final2.pdf
Discord:
https://discord.gg/pKvGRt
