Paycoin

Paycoin (PCI) is a digital asset designed to function as a payment token usable at retail merchants, primarily in South Korea. It aims to solve the problem of cryptocurrency adoption in everyday commerce by building a network of physical and online merchants that accept PCI directly. The project describes itself as a blockchain-based payment solution targeting consumers who want to spend digital assets at recognizable retail chains.

Paycoin operates using the SHA-256 consensus algorithm, the same cryptographic standard used by Bitcoin, though the block time recorded in the available data is listed as zero minutes, which means detailed settlement timing cannot be confirmed from the data on hand. The PCI token is used as the medium of exchange within the merchant network, allowing holders to pay for goods and services at participating retailers. Beyond its role as a payment instrument, further mechanical details about staking, governance, or smart-contract functionality are not present in the stored data.

The data stored for Paycoin does not include a fee stream, meaning there is no information here about protocol-level fees collected, who pays them, or who receives them. As a result, fee-based measures that this site might calculate for other assets cannot be populated for PCI. What the data does show is a circulating supply of 1,022,576,439 PCI against a maximum supply of 1,900,000,000 PCI, meaning roughly 53.82 percent of the total supply is currently circulating at this point in time. The fully diluted valuation stands at 1.858 times the current market capitalisation, reflecting the roughly 46 percent of maximum supply not yet in circulation.