Payband Coin

Payband Coin (PYBC)

Payband Coin (PYBC) is the token issued by the Lux Payband crypto payment system and runs on the Stellar Network. Payband Coin fuels the ecosystem creating demand through actual utility and innovation.

THE Problem

Most coins and tokens have little to no actual utility. Thus, creating speculative assets, at best, oppose to coins and tokens that have real world use cases.

Lack of Utility
Speculative Assets
No Real Use Case

Percentage of ICO's lacking Use Cases

Lacks Use Cases 90%

Source

Red Flags in all ICO's

Flags 19%

Source

Percentage of ICO's Failed in 2017

Flags 47%

Source

payband coin utility & use cases.

Payband Coin (PYBC) fuels the Lux Payband ecosystem that enables contactless cryptocurrency payments. Where people, merchants, festival and events and multiple industries may use the cryptocurrency Stellar Lumens and tokens in exchange for goods and services. More blockchains to be added. Lux Payband successfully beta tested at the Chicago Food Truck Festival as a cashless payment system. Select guests were able to purchase beverages with Stellar Lumens. Lux Payband has partnered with festivals and curated events seeing more than 3.5 million guests annually. The payband payment system may also be used to create loyalty programs, coordinate logistics and uses by the tourism and hospitality industries. It is as simple as pairing a wristband and downloading the POS software for use and start exchanging cryptos for goods and services with a wristband.

Whitepaper

payband coin discounts for usage

All Lux Payband hardware, software, listing fees, festival and event service fees may be paid with PYBC for up to 50% off fees. Furthermore, PYBC will be used by Lux Paybands at partnered large scale festivals.

whitepaper