Another week and what a wild ride it was! Hang onto your hats everyone because we think the next three to six months are going to be even more exciting. Most of the past week we have been trying to dig myself out of emails and support everybody as best as possible. I personally want to thank everyone on Discord for being so helpful with new people entering PAC for the first time. When I reflect how much has happened the last few months we should be very proud of PAC!
The affiliate program launched last week has been a huge success. We should have over 500 affiliates by Monday! We had a small hosting issue on Friday with traffic where we lost the tracking for around an 8 hour window. If you feel you lost credit for commissions please email me with the details. We will be launching a ticketing system this weekend so we can better manage issues and queries.
The marketing team has been working on completing a presentation piece on an overview of PAC and an intro into what the short term plans are for the coin. This is coming together very nicely and we are finalizing the deck in the next few days to have it produced for next two months.
As of today we now are accepting BTC, LTC DOGE & DASH on the site directly for PAC. Again as a reminder this is for new people to PAC more than a place to get PAC at a bargain price. We rotate the funds through the market and cannot absorb huge price fluctuations or purchases. We appreciate that this is not taken advantage of. We try and keep the price slightly above market. Next week we hope to be able to accept credit cards on the website for purchases up to $100 and there will be a small premium charged in case there are future chargeback claims.
Jan 1st we will have the Alpha site of PacFyle.com up for anybody that has signed up as an affiliate. PacFyle wil be our own social network for PacCoin where we will be able to work as a community to evolve the focus of PAC projects. We will need your help to work out the kinks the first little while before we open it up for the masses. This is very important as we have very limited resources until we get to the fork. All of us still have our day jobs and are doing this as a hobby right now.
As a follow-up to last weeks post about a press release that we had hoped would have been released. It was a hoax by the other party – so, I feel I need to disclose this as it was a fishing expedition looking for inside information. That doesn’t mean there will not be a press release – we will take an alternative route to get this exposure we were wanting.
The DEV team has confirmed they are still going to be ready with early masternode redemption on Feb 1st. Masternodes will be the foundation of the new PacCoin network. They are basically like virtual ATM’s – and the owners of masternodes reap the benefits of owning one. The actual redemption will be a little more difficult but will roughly occur like this:
- We encourage everyone to get their coins off the exchanges a few days before March 1st
- Having them in your own wallet earlier will ensure less transfer issues with Cryptopia and Yobit
- There will be a new wallet available for download for the new PAC before Feb 1st
- This wallet will be your new coins “redemption” ID for getting your new coins
- The new coins will be transferred to your new PAC wallet
- The exchanges will take a little time to catch-up and get back flowing again
The redemption program will resume for three months after this change to ensure that all people that want to redeem will be able to.
We wish everyone the best and for those celebrating holidays, we wish you and your families the best!