GAW Miners Announces Plans for Initial Coin Offering

GAW Miners Announces Plans for Initial Coin Offering

GAW Miners, one of the world's foremost bitcoin mining hardware manufacturers and digital cloud mining providers, today announced its Initial Coin Offering (ICO) with the introduction of Paycoin™, a new cryptocurrency released alongside bitcoin to facilitate mass adoption and long-term valuation stability of this new digital currency.

Positioned as the cryptocurrency of the future, Paycoin addresses all of the inherent shortcomings that have prevented Bitcoin from achieving mainstream adoption. PayCoin improves upon existing coins by producing a decentralized network structured to promote price stability, fast transaction times, and rich features for achieving widespread consumer and merchant adoption.

Additionally, by employing a Hybrid-Flex Blockchain and Transaction Immutability coupled with the latest in cryptography and economic theory, GAW Miners is producing a digital currency fit for a global audience. Paycoin will be available to the public beginning January 2, 2015.

"Although relatively new, cryptocurrency is shifting the economic paradigm and that is reason enough for traditional financial organizations to start taking this seriously," said co-founder and early investor, Stuart Fraser, Vice Chairman and partner, Cantor Fitzgerald, L.P.

"With the marrying of innovation, technology, finance and regulation -- I believe that cryptocurrency can provide a value proposition that has never before been contemplated in global commerce and thus has the real possibility of being a viable mainstream currency accepted by the masses around the globe."

"Cryptocurrency is a young, disruptive technology that offers easier, faster and more secure transactions between individuals and merchants than any payment technology to date," said GAW Miners founder and CEO Josh Garza.

"However all existing cryptocurrencies have failed to achieve an adoption path leading to mainstream use. This is the primary reason why we're introducing Paycoin via this ICO.

"Because Paycoin carries with it the best features of bitcoin while making corrections where necessary to produce a coin network fit for global acceptance," Garza continued.

"To be honest, changing the world economy from fiat to cryptocurrency requires enormous effort. A decentralized currency leaves behind no parties with a financial incentive to do the work needed in order to promote global adoption. Until now that is. Paycoin's ICO fills in the missing piece by supporting continual adoption efforts allowing us to be the first to both legitimize and bring cryptocurrency to the mass market," concluded Garza.

About GAW Miners

GAW Miners is the fastest growing bitcoin mining technology provider, offering a range of world-class bitcoin mining hardware and cloud-based solutions. This includes Digital Cloud Mining (DCM) solutions, which are offered under the Hashlet, HashletGenesis, HashletSolo and HashletPrime brands. GAW Miners' bitcoin mining technology is in use around the world.

For more information visit: http://www.gawminers.com/


Related News

NEFTiPEDiA (NFT Marketplace of the Future) Announces Initial Coin Offering fo...

BALI, June 28th, 2021 – NEFTiPEDiA, a decentralized community-driven NFT marketplace, today announced it’s making the platform’s native token (NFT) available for public sale. Regarding the initial coin offering (ICO) date and instructions on how to buy, CEO and Co-founder Natalia Saputra said: “As of right now, investors can buy NEFtiPEDiA tokens (NFT)  through the […]

Koi Metaverse Launched INO – Initial NFT Offering

If you’ve been in the crypto and blockchain sector for a while, you probably remember all the phases of fundraising that the industry has gone through. There have been Initial Coin Offerings (ICOs), Initial Exchange Offerings (IEOs), Initial Decentralized Offerings (IDOs), and now, Initial NFT Offerings (INOs). In a similar vein to the others, INOs […]

Tithecoin Announces Bonus of 5% during the ICO

The Initial Coin Offering (or ICO) will continue till the end of March 2017 but the chance to win any bonus ends with the end of February 2017. The Tithecoin ICO which was launched on 25th December 2016 is still ongoing and there still is a chance to earn a bonus of 5% before it enters its last month in March. The Initial Coin Offering (or ICO) will continue till the end of March 2017 but the chance to win any bonus ends with the end of February 2017. As per the Counterparty project, the ICO enables the participants to swap Bitcoin, Ethereum, Counterparty and/or Steem for Tithecoin at....

Censorship-Free Social Network Respectonomy Announces ICO Beginning Feb. 1, Offering 25% Bonus On Day One

Respectonomy, a decentralized, self-moderated social network that will allow users to share content without any fear of censorship and be rewarded for it, has announced its initial coin offering for the month of February. The site is offering a 25% bonus on the first day, Feb. 1. The crowdsale seeks to raise 2000 BTC. The sale will automatically end when this cap is reached. The initial rate of the Respect token will be 0.0005 BTC (1 BTC to 2000 RES). Infinite Coin Supply. If the ICO does not reach its target, the amount raised will determine the number of tokens mined. The coin’s total....

5 Best ICO Projects in 2022 – Top Initial Coin Offerings

If you are interested in finding out which ICOs you should invest in, you’ve landed on the right page. This article lists the top 5 ICO projects and initial coin offerings in 2022. We know ICOs are often hard to grasp. An initial coin offering (ICO) is the crypto equivalent of an IPO, an initial public offering. ICO requires a lot of knowledge and scrutiny to pick the one with minimum risks that will yield a high return on investment. To ease the search, we discovered the top 5 ICO campaigns for 2022. However, there is a solution. This article covers the five best ICO projects in 2022. The....