EGOcoin Project

Paysenger: Disrupting the Communication Industry With its EGO Solution

#Paysenger #Ego #Blockchain #Ecosystem #ICO #Presale and #Cryptocurrencyy

Productivity is an asset that’s increasing in value, and the obvious reason for it is the increasingly distracting digital realm. People are so used to technologies that they fail to realize how they chip away productivity.

Every day, we are consistently bombarded with information from various sources. There is a never-ending list of ads, videos, promos, suggestions, or news clips we encounter daily, all competing for our attention.

Without a doubt, it is clear that human attention is a valuable asset in the current digital age. With so much data out there, we require a filter for our attention that eliminates unimportant data while preserving critical information and promoting productive interactions.

This is where Paysenger comes in.

What is Paysenger?

Paysenger is a communication monetization service based on blockchain technology. It enables users to increase awareness of their messages by paying for the recipient’s attention. With it, users can reach out and begin communicating with experts, celebrities, or media personalities via chat, conference, or video, all with a few clicks.

Paysenger goes a step further with its non-fungible token (NFT) integration which allows the conversion of received media content into NFTs. Users can save or trade these NFTs on Paysenger’s dedicated NFT marketplace. The platform runs on its native token, EGO, which is used for completing attention payments, trading and minting NFTs, staking, accessing VIP status, and multiple other platform-based functions.

The protocol has an internal buy-back mechanism and service revenue sharing model that distributes a portion of Paysenger’s earnings amongst EGO holders. Under this approach, 2.5% of all commissions/revenues go towards the redemption of tokens, and 100% commission for NFT minting goes towards burning with a 2.5% commission for sales on the NFT auction/marketplace.

The Web App

The Paysenger web app recently went live and has already amassed over 100,000 users. The project managed to raise an impressive $2 million during its strategic and seed round and has built a solid team of 85 professionals from various fields of expertise, all working to improve the product, launch the mobile app, and draw in new users.

As part of Paysenger’s ambitious plans for the future, a Tokensoft presale is scheduled for April 6th, 2022, and a permissionless crowdfunding program (IDO) is coming in the summer. The former will make EGO the first Binance Smart Chain token on Tokensoft.

The team is working on launching their mobile app to onboard 5 million new users. Paysenger is also a platinum sponsor of the Crypto Expo 2022 and will be co-hosting another event – World Blockchain Summit – in conjunction with other top-tier blockchain projects.

The platform’s offering of seamless communication with influencers, celebs, or experts is aimed at attracting millions of internet users and fans who wish to communicate directly with their favorite celebrities and create unique ad avenues for businesses. The simplicity of Paysenger’s communication solution focuses on democratizing blockchain technology and expanding its access to a larger audience.

The project aims to establish a collaborative environment where everyone can monetize their attention and communicate efficiently with whoever they desire, with Paysenger’s EGO serving as the digital representation of human attention.

What Is the Ego Token?

The EGO token is an internal medium of exchange used by Paysenger. While other ways will be available to users, EGO, as a specially designed tool, will provide several advantages:

Minimum fees when making payments with EGO;
Easy exchange for fiat right on the platform;
Can be used for receiving NFT minting commission;
Total market cap at IDO — $50 million.

The users will have opportunities to use fiat money and other payment options but we will encourage them to prefer the EGO token.

For example, the Paysenger fee for each payment will be 20% when using BUSD, BNB, and fiat money. But the fee will gradually drop to 5% when using EGO.

In other words, EGO is a part of the Paysenger ecosystem; it was created not for fun (as many other) but for a special purpose and therefore has high growth potential.

Issue

In pretty much every interpersonal organization, there is either immediate informing or remarking. However, the fight for a powerhouse’s consideration is more not kidding than the fight for a customary individual’s consideration, and the force to be reckoned with’s capacity to acknowledge a solicitation and react by and by is restricted by time, among different variables. As the crowd develops, this “distance” increments because of HR and the difficulty of focusing on all or if nothing else a critical part of adherents. It is more hard for the crowd to get criticism and “take in a state of harmony” with the subject of their advantage. For powerhouses, then again, it is more diligently to get pertinent input on their substance and worthwhile business offers.

Solution

Paysenger is a help that adapts correspondence. In our current reality where the quantity of associations between individuals is developing however the volume of consideration continues as before, Paysenger makes another correspondence ethic. With Paysenger, it becomes simpler to interface with a media character or look for the counsel of a specialist. Everything necessary is to give for the beneficiary’s consideration with fiat or EGO tokens. Media content got accordingly messages can be changed over into NFTs and put away as a component of your assortment or sold on the inward commercial center for EGO.

Goal

The objective of Paysenger is to empower immediate, dependable, and commonly helpful correspondence among powerhouses and the local area and furnish the local area with a solid channel to contact the ideal individual and get an assistance, and the capacity to adapt and focus on their consideration regarding a powerhouse. The client can speak with an individual of interest in a helpful configuration: demand a visit, a gathering, or a basic video welcoming. All of this is accessible on Paysenger.

The plan of business

The help working model is as per the following :

- Forces to be reckoned with offer their administrations and gather demands.

- Clients go to powerhouses with a particular solicitation like conference, salutation, tweet, drawing, and so on and offer a particular prize.

- The client holds the installment for the assistance.

- The assistance is performed by the powerhouse, in the wake of affirming the culmination, he gets installment.

Monetization

- Paysenger gets a commission for administrations delivered. Contingent upon the help and installment design: from 0 to 25% of the expense.

- The consequence of the help can be changed over into NFT for which a commission is likewise taken by the assistance as EGO tokens.

- An Internal NFT Marketplace is arranged. A commission will likewise be taken from tasks in it.

Staking

Staking is a popular way to earn passive income that many crypto owners already use. It involves locking up a certain amount of tokens while retaining ownership, receiving cash bonuses, different privileges, and other benefits.

An important parameter for the stability of any token is to ensure the distribution of a platform’s token. The Paysenger platform will employ a token burning mechanism. In short, this means that all the NTF mining fees will be burned. On top of that, 50% of service fees as well as NTF marketplace fees including other internal commissions will also be burned.

What, apart from faith in the project and future plans, is the EGO token secured with?

According to the business plan, a total of more than $2.3 million will be raised by February 2022.

As of 1st Private Sale, the value of 1 EGO token is only 2.5 US cents.

But after it becomes available on the stock exchanges, the price will rise. We provide initial liquidity by investing in cash at the rate of 1 EGO token = 7.5 cents.

EGO Tokenomics

To understand the supply and demand characteristics of the EGO token it makes sense to consider some financial figures:

Maximum supply — 1 billion;
EGO price at IDO (Q1, 2022) — $0.075;
Total market cap at IDO — $75 million;
Supply at TGE (Token Generation Event) — 2% (20 million);
Market cap at TGE — $1.5 million.

Token distribution

An important characteristic of any token is its distribution model.

Often the creators of crypto projects accumulate most of the tokens at the early stages, offering investors only a small portion. For this reason, such investments, despite their significant growth potential, actually pursue the speculative interests of their owners. Paysenger’s direction of distribution is transparent and fair:

Founders, team and advisors — 21%;
Early investors (including IDO) — 23.50%;
Ensuring market liquidity — 4%;
Project treasury — 21%;
Marketing and ecosystem incentives 30.5%.

The last item is extremely important, such a large amount of funds has been allocated for it for a reason. The explanation is simple. The more people learn about the product, the more liquid the token becomes, and the more paying customers it attracts. That is why the promotion of the project both at the early stages and as it gains popularity among the target audience is a top priority.

Future Plans and Prospects

We already have more than 3 million influencers in our database. In total, they have over 600 million followers, which means that Paysenger is connected in one way or another to every seventh Internet user!

Of course, not every one of our influencers is a worldwide star. But different users have different needs. Certainly, you can’t buy a chat with Britney Spears for $5 or ask 10 questions to Arnold Schwarzenegger. But our project is not an entertainment social network, we are focused on solving specific problems. Many people need comments and opinions of famous scientists, inventors, creators of certain products or services.

Moreover, we believe that everyone’s opinion matters. In this way, everyone can become an influencer.

Ultimately, the growth of Paysenger will contribute to the popularity and value of the EGO token. This means that not indirect, but direct benefits will accrue to every EGO owner, regardless of whether they use Paysenger or are just crypto enthusiasts.

There are plenty of crypto startups out there today, but Paysenger-EGO stands out because it has a special mission by offering effective solutions for both ordinary users and influencers.

What Makes EGO different?

It’s important to note that EGO is not positioned as the main attribute of the project and is not promoted as a token with some special uniqueness, as others do. It is positioned as a convenient financial tool and supported accordingly. It is primarily secured by real customers. In particular, it is the customers who are interested in paid communications, learning how NTF works, so they get involved in the project’s ecosystem.

Investors can either be directly involved in the development of the project or participate indirectly by being tokenholders.

Now is a good time to enter the “smart money” community. Even though the project is no longer a startup and is supported by a team of more than 50 highly skilled professionals, it still needs to gain exposure among a potentially interested audience.

As of today, only a few percent of the tokens have been distributed, so it’s a good time to join the number of holders.

Paysenger’s goal is not to attract as many investors as possible. Our main asset is users, big, medium-size and small influencers as well as anyone potentially interested in monetizing their communications. In fact, it is a narrow-niche social network whose users don’t just communicate, but actually benefit from this. EGO token helps them provide convenient financial interactions.

Whether your goal is to get paid to chat with fans and brands or to make money from the potential growth of the EGO token, why not consider including EGO token in your investment portfolio?

About Paysenger

Paysenger — is a service that monetizes communication. Paysenger creates a new way of communication in a world with the fastest growing relations and unchanged attention span.

Now you can attract attention to your message or call by paying for the recipient’s attention with a fiat or EGO token. It is getting much easier with Paysenger to contact a media person or get expert advice. A received media content can be converted into NFT (Non-fungible token). It can be saved or sold on the internal marketplace for EGO. Our goal is to transform the blockchain by making the technology easier to a large audience.

You can request communication with a favorite person by choosing a preferable format. Whether it is a chat, a conference, or just a video greeting. All these you can get on Paysenger.

TEAM

Our team is growing fast 😉

During the III-IV quarters of 2021, the number of employees increased 10 times from 5 to 50 people.

Many of us have already worked together on other major projects.

The core verticals have already been built in the team.

It's amazing how quickly our start-up turns into a large, well-developed company.

As Helen Keller once said, “Alone we can do so little. Together we can do so much”.

Conclusions

We have introduced three directions within the single EGO|Paysenger ecosystem.

1. Paysenger is a service for monetization of communication with experts, academics, influencers and opinion leaders. The solution for paid communication covers the real need of the audience and experts.

2. Internal NFT marketplace. The valuable and unique content will be created into Paysenger. By converting exclusive and valuable content into NFT, we will ensure the value of the NFT tokens and give a new start to the whole market.

3. EGO cryptocurrency is an internal payment method of Paysenger and the NFT marketplace. The value of the EGO token will be provided by the Paysenger service.