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Pacific Review

8.6/10
RISK SCORE

In this Pacific Review, we will look into the key problems this project aims to solve and the primary advantages it will bring to the modern world. Pacific is one of the world's first Virtual Financial Asset Offering (VFAO). As the Malta Financial Services Authority is finalizing the legal procedures regarding Pacific's projects applications.

Rating

Product
9/10
Team
8/10
Tokenomics
8/10
Website
9/10
Vision
9/10

Tokenomics

Token
PCF
Platform
Ethereum
Type
vfa

Overview

What Makes Pacific Stand Out?

Pacific is the world’s first comprehensive payment system opening the way to global adoption of cryptocurrencies. A system built of 9 microsystems placed in a simple mobile application is dedicated mainly to developing countries, which, according to the International Monetary Fund data,
were inhabited in 2017 by over 6.26 billion people i.e. 84% of the world’s population. In these countries, a POS terminal is rather an uncommon sight, and banking infrastructure is largely underdeveloped. Pacific aims at creating there a network of smartphone cryptocurrency payment terminals, providing developing countries with the freedom of digital settlements.

What Pacific is?

Pacific is a set of nine microsystems that jointly create an intuitive tool enabling the comprehensive use of cryptocurrencies as a payment method in everyday life. The access to the system is granted through a mobile or a web app. By using one of the apps, you are able to perform any transaction available on the cryptocurrency market. The app allows for making payments in brick and mortar as well as online stores, exchanging digital currencies via the exchange systems, using automatic conversion to avoid foreign exchange rate risk and buying or selling cryptocurrencies for cash in Pacific Partners’ POS. The Pacific system makes the use of cryptocurrencies practical, convenient and competitive compared to traditional payment methods.

Microsystems in the Pacific Platform:

- pTransfer
- pMicroPay
- pSwap
- pStable
- pTap
- pWallet
- pMultiPOS
- pMarket
- pTrack

Micropayments – macroscale:

Make settlements easy using any of the cryptocurrencies in any part of the world. Instantly and without commission. Make transfers to the telephone number or email address using the pTransfer service, pay contactless via pTap or online via pMicroPay micropayment system. Off-chain transactions, by applying the technology of changing the ownership rights, make it possible to perform a transaction in less than 1 second and fully eliminate its costs, regardless of the type of cryptocurrency transferred. From now on, the blockchain scalability, high transaction fees and long transaction processing time are no longer barriers to usability.

Team

Mateusz Klemczak
CEO/Founder
Krystian Gajaszek
CMO/ Co-Founder
Mateusz Gajaszek
COO/ Co-Founder
Bartek Bilicki
CTO
Jakub Obiegły
CFO/ Legal
Simon Sergeev
Chief Communication Officer
Bartek Zapiór
Financial Manager
Jacek Wojcieszyński
Director Of Development
Rafał Kasperowicz
Economic Specialist
Paulina Paprzycka
Project Manager

Roadmap

September2017
Birth of Pacific; launch of works on the whitepaper
November2017
Acquisition of two Pacific Partners: Poznan University of Technology and Poznan University of Economics and Business
January2018
Acquisition of seed investors
June2018
End of seed capital raising; launch of full operating activity
April2019
Q2 2019, Pacific VFAO
January2020
Q1 2020, Pacific VFAO
April2020
Q2 2020

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