PacketMining

PacketMining

Created using Figma
Created using Figma
Inherent in the established bigcap cryptocurrency blockchains, is the reliance on computational power and therefore raw electricity to drive the mining and transactional process to the end of increasing demand over time that makes these processes prohibitive for most and unattractive for long term predictable investing. PacketMining technology and the PAKT coin is also a digital currency written in a blockchain, however, the process for Miners differs as it utilizes packet switching on Smartphone applications as opposed to distributed algorithm based decryption and then writes Miner rewards to a blockchain. We are targeting the 2 Billion global Smartphone user base with an uncomplicated way to mine for a cryptocurrency that doesn't require any deep blockchain knowledge to be successful. By engaging the widest possible audience and with no technical barriers to entry, we will become the most widely recognized, consumer focused cryptocurrency product!
ICO SoftCap
May 12, 2018
Jun 12, 2018
100% completed
Raised funds - no Data
Goal 3 000 000.00 USD
Cap 3 000 000.00 USD
past
  • 1 PAKT
    =
    2.5 USD
ICO HardCap
May 12, 2018
Jun 12, 2018
100% completed
Raised funds - no Data
Goal 10 000 000.00 USD
Cap 10 000 000.00 USD
past
  • 1 PAKT
    =
    9.0769230769 USD
Pre-ICO
Apr 11, 2018
May 11, 2018
100% completed
Raised funds - no Data
Goal 1 000 000.00 USD
Cap 1 000 000.00 USD
past
  • 1 PAKT
    =
    0.5882352941 USD
Seed
Mar 10, 2018
Apr 10, 2018
100% completed
$20
cap
goal
0% goal completed
Goal 100 000.00 USD
Cap 100 000.00 USD
past
  • 1 PAKT
    =
    0.0454545454545 USD
Token Details
Ticker
PAKT
Company Details
Registered Country
Cayman Islands
Additional Details
Platform
Building a Litecoin fork
Categories
Cryptocurrency

About PacketMining

PacketMining is targeting the 2 Billion global Smartphone user base with an uncomplicated way to mine for a cryptocurrency that doesn’t require any deep blockchain knowledge to be successful. By engaging the widest possible audience and with no technical barriers to entry we will become the most widely recognized, consumer focused cryptocurrency product.

The total supply of tokens is locked at 50,000,000. After the seed, pre-ICO and ICO sales end, the balance 40,000,000 unreleased amount of coins will be allocated for Mining rewards for the users of the PacketMining entertainment platform.

Features

Seed Stage Active Now!:
USD$100K for 2,200,000 PAKT Coins   No minimum, sign up now or miss out on the incredible seed premium!

Pre-ICO Target - USD$1M
Soft Cap Target - USD$3M
Hard Cap Target - USD$10M

Seed Round – 19,969% incentive bonus!!!
Pre-ICO Round – 1,543% incentive bonus
Soft Cap ICO Round – 363% incentive bonus

Technical Info

PacketMining is a blockchain based augmented application and server side code set that allows general consumers to utilize their smartphones to mine for reward coins without the inherent complexity of distributed ledgers and algorithmic decryption as a known aspect.

The mined PAKT coin itself becomes a commodity of demand by virtue of scarcity and the user effort required to ‘mine’ the reward, ensuring that time spent within the environment is both fun and personally beneficial.

Of the 50,000,000 maximum generated PAKT coins, 40,000,000 or 80% will be allocated for the rewards from the app based mining process. The mining allocation will be vested at an annual rate of 4,000,000 PAKT coins over a ten year or one hundred and twenty month term. Further, then approximately 333,333 PAKT coins will be allocated for monthly mining rewards, where the amount distributed/rewarded is determined by the mining app mechanics to ensure unpredictability and anti-method mining.

Immediately at reward and at the end of the ten year term, the coins remain freely exchangeable and will stand as the world’s first example of distributed packet switched coin mining layered on top of a blockchain based distributed ledger.

The smartphone application and mining server synthetic mining process is based on a fixed algorithm with values embedded in a blockchain contract that cannot be modified once executed.  However, multiple revisions of the mining algorithm will be deployed in beta testing to ensure the best UX outcome and the adhesiveness of the platform in the consumer realm. PacketMining may or may not and reserves the right to select either option, when it comes to disclosing the actual end to end algorithm to be implemented on the mining server application interface.

PacketMining Roadmap

  • http://www.packetmining.com/#roadmap

  • 2018 Q1

  • Deployed Internet Presence
    Ongoing Software Development Plan
    Launch ICO with USD$3M Target
    Complete PAKT Blockchain Deployment
    Begin App Prototype Coding
    Secure Additional adhoc Coding Resources
  • 2018 Q2

  • Completion of Beta Test
    Alpha Launch of Android/iOS App from Domain
    Heavy Promotion of the App into the Wider Smartphone User Base
    Media and Public Relations Campaign
  • 2018 Q3

  • Further Refinement of Base Application
    Continual Promotion of the App in the Smartphone Community
    Development of a “SmartPhone Mining” Wider Ethos and Online Community
    Target Additional Verticals to Draw More Users into the Smartphone Mining Dynamic
  • Read More
  • 2018 Q4

  • A Fully Completed Application is now Maintained by the Core Team
  • 2019

  • The Mining Cycle Token Rewards continue at the Established Rate until the Entire Allocation is Distributed

Activity

Activity:
84
LOW
Posts:
119
LOW
Views:
1 246
LOW
Activity:
84
LOW
Merit:
0
VERY LOW
Posts:
135
LOW
Views:
2 069
LOW
Users:
46
LOW
Posts:
40
VERY LOW
Followers:
172
VERY LOW
Likes:
164
VERY LOW
Rating:
5
VERY HIGH
Followers:
73
VERY LOW
Tweets:
65
LOW
30 Days Growth:
Members:
24
VERY LOW
30 Days Growth:
Year commits:
0
Watchers:
0
Stars:
0
Forks:
0
Open issues:
0

PacketMining Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Samantha
Project manager
unverified
Derry
Lead Software Engineer
unverified
Aaron
Lead Artist
unverified
Greg
CEO
unverified
Eric Bailey
Bounty Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Alexey Grakov
Advisor
unverified

PacketMining Last News

N/A
5.0 0
ICO Profile Vision Activity Potential Product Team
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