Paycoin

Paycoin (PCI) is a digital asset designed to make blockchain-based payments practical for everyday retail spending, primarily in South Korea. It aims to solve the problem of limited real-world usability for cryptocurrency by building a network of merchants that accept it directly. Consumers who want to pay with digital currency at physical and online retail locations are the intended users.

Paycoin operates on a SHA-256 consensus algorithm, the same cryptographic standard used by Bitcoin's proof-of-work system. The token serves as the medium of exchange within its merchant payment network, allowing holders to settle purchases at participating retailers. Beyond these points, the data on record does not support a more detailed mechanical description of settlement finality or on-chain architecture.

The data stored for Paycoin does not include a fee stream, so fee-based measures such as protocol revenue or fee recipients cannot be reported here. What the data does show is that, at this point in time, 1,022,576,439 PCI are in circulation against a maximum supply of 1,900,000,000, meaning roughly 53.82% of the maximum supply has been issued. The remaining unissued supply represents a dilution overhang of approximately 85.81% relative to circulating supply, and the fully diluted valuation is about 1.86 times the current market capitalisation of 38,102,518 USD.