$PAC reveals community driven mass adoption strategy

From the beginning of mankind, people have been in constant search for an optimal way to exchange goods and services amongst each other.

Currently, cryptocurrencies are in their infancy stage, blockchain technology in the general sense has been adopted mainly by private investors, entrepreneurs, programmers, developers, and banking institutions.

The aim of $PAC is to create a way for every single person, worldwide to benefit from low transaction costs, anonymous purchases, instant transactions and a more personal control over one’s finances. As blockchain gets adopted more and more every day, infrastructure and entry barriers become more efficient and effective, $PAC aims to be a global leader by improving on these fundamental values further.

$PAC is based on DASH, yet has been refined even more by ensuring every single investor gets to sculpt the future of the coin via a diplomatic social governance system. This is the area $PAC has focused on the most, a unique concept of social governance where the community is the face of the coin.

$PAC is a globally trusted digital currency whereby the influence of the masses drives continual adoption through incentivized social funding and an open community marketplace platform.

Because the $PAC community is the team, it has formed a perpetually expanding entity that exists of so many different human beings each with their own unique specializations, artisanship, skills, talents on all fronts, on a multicultural level; placing $PAC in a great position to deal with all different circumstances which confront it and to navigate firmly through all regulations and compliance environments, across the globe, which the future might bring.

Since every single person has their own unique talents, the $PAC community strives to enable every person to achieve their full potential. This can be done by finding the unique talent(s) of each individual and consciously directing that talent to add value to the greater good. $PAC envisions a community where people with similar talents work together and people with unique talent create unique content with all the support they need.

The creation of jobs

In working with its partners, $PAC aims to focus on carefully preserving both values added to the employer and freedom of the employee.

Different types of workgroups can be made to fit everybody’s liking since some people prefer to work solo and others in structured groups whilst others prefer informal settings where for example everyone contributes their part with no strict hours & occasional meeting and can sleep as much as they like.

This means that aside from obvious digital jobs of e.g. content creation, physical jobs will be abundantly offered as well, across the globe, for people from all walks of life. Some great examples of jobs being created could be seen through the following example:

If you run a business and you would want to set up a website – A graphic designer could be paid using $PAC to design the layout for this website. A developer can be paid in $PAC to maintain the website. A project manager could be paid in $PAC to keep track of everything and could together with some other community members compose a plan of action. This plan of action can be compiled by a group composed of $PAC community members such as an economical graduate, a couple of developers, technical/juridical/business students, etc. At the end of such a project, everyone who contributed to its realization will be rewarded in $PAC, which they will be able to liquidize immediately for any currency of their choosing.

The same principles can be applied to global insurance coverage, where people pay monthly insurance fees, which go to a private account on the blockchain, and once the account reaches a predetermined amount of $PAC, the person will be insured AND profiting from the POW REWARDS, synonymous with $PAC’s ecosystem, encouraging the insured to stick with their payment plan.

Using a similar approach, $PAC could also start schools, hospitals and even start its own $PAC airline the sky is the limit, pun intended.

The current affairs and the future into perspective

Now that we have a refined currency running on a stable network, backed by a community of investors is the time to reach out to the people.

The first step into achieving this goal for $PAC is releasing both a woocommerce payment gateway and its own bespoke online payment platform under the ‘$PACPay’ brand allowing any online retailers to accept $PAC payments for goods and services. The $PACPay payment gateway will connect to the real-time market price of the currency reducing the risk of out of date FIAT/$PAC data affecting the value of goods to the retailer at the time of purchase.

$PACPay’s ease of use provides a better end-user experience compared to existing forms of cryptocurrency transactions which is crucial to improving adoption within the industry. The key challenges that $PAC aims to solve moving forward is to continue to build innovative products that can make the complexity from both ends of the scale from both a retailer and consumer perspective disappear.

Moving further into the future of $PAC’s mass adoption strategy is to release its own purpose-built FIAT/$PAC decentralized platform, ‘PACDirect’ will allow both retailers and consumers a means to convert to and from their local currencies seamlessly, providing a gateway into and out of the crypto market designed especially for those who only accept crypto but don’t trade it (such as retailer traders, hotels, bars, restaurants & more).

Some of the best projects to come out of the $PAC project thus far have been community driven, third-party platforms that are now being adopted by those who might not ever have heard about the notion of digital currencies prior to that interaction, that is the true value of adoption and why the community-driven aspect of $PAC is so fundamentally important.

$PAC looks forward to continue pushing the boundaries of what can be achieved and what private, decentralized projects can be funded in the near future.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Chimpr via Flickr