PICISI is a crowdfunding startup designed to accept many different national currencies such as USD, GBP, and EUR, but it will also have a high concentration of cryptocurrencies such as BTC (bitcoin), EMC2 (Einsteinium), HYPER (HYPER), and Doge (Doge), to name only 4 of over 1300.
PICISI will have its own currency called “Pi”, Pi will help finance the crowdfunding site’s growth and development. This article will take a closer look at Pi and how it will help PICISI make a big impact in the cryptocurrency universe as will as the crowdfunding space.
1) Pi will have many purposes in the development of PICISI: firstly it will be used to raise capital – it will finance initial website construction as well as site upgrades. A major expense is the cost of license procurement from state to state and country to country, it is expected to be over a million dollars worth of licenses, this cost would be spread out to minimize impact.
2) Pi will be used to pay for PICISI assignments – the main day-to-day use of Pi will be to pay for the enormous amount of marketing, outreach, and publicity the site plans on generating. PICISI’s mantra is ‘Promotion, Promotion, Promotion’.
PICISI’s intent is to do lots of promoting for itself as well as it’s sponsors and the campaigns raising funds at the site. It’s important to note that most crowdfunding sites rarely promote the campaigns featured at their site.
3) Pi will be a host CC option – campaign organizers will have the opportunity to select PI as the host cryptocurrency for their campaign and;
4) PI will be a payment option for sponsors – sponsors will be able to pay for sponsorship packages using PI.
The value of Pi will largely be determined by the open market, however PICISI’s performance should have some impact on the currency’s value. It is expected that Pi’s price respond positively to the Initial Token Offering. Once it is used on a daily basis (as indicated above) the currency value should show signs of stabilizing. It is also expected dip in value at the times when funds are pulled to pay for major projects like site upgrades and license procurement.
PICISI is targeting various cryptocurrency exchanges to be their Official Exchange Sponsor. The official exchange sponsor’s site is where PICISI will exclusively purchase PICISI currency using the fees they generate via fiat.
Initially Pi’s expected worth is targeted at $1 each, it is expected that the currency will increase steadily in value with meaningful popularity, with site upgrades, with each license procured, and particularly as site earnings increase. A $10 Pi is a good 1st year resting target. Since Pi will be tied to PICISI’s performance and used in the day-to-day operations of the business it is expected that Pi will be both strong and stable as compared to all other cryptocurrencies.
If you like the direction PICISI is traveling you are invited to support them.
12 Readers Commented
Join discussionGreat article, very interesting development idea.
Armis is one of the first sponsors of PICISI
http://www.PICISI.com the site is on the runway preparing for takeoff, they need 4 more administrators to help manage the site, if you know of anyone willing to help please let them know.
Prerequisite goals update:
1) recruit a min. of 6 admins, they now have 2 (exec dir, and asst, dir);
2) secure a min of 20 sponsors, they now have 23 — goal achieved & surpassed;
3) secure a min of 8 campaigns to crowdfund, they now have 3 solid;
4) recruit a min of 1 referral agent, they now have 1 — goal achieved;
5) associate with a min of 2 promotion contractors, they now have 15 — goal achieved & surpassed;
6) associate with a min of 1 campaign contractor, they now have 12 — goal achieved & surpassed and;
7) publish a min of 5 articles, they now have 17 — goal achieved & surpassed.
There are only two prerequisite goals left to achieve: ‘Admins’ & ‘Campaigns’.
This article was reprinted in Danish here: http://www.dk.wedan.info/pi-anyone-den-picisi-udstedt-valuta-i-crowdfunding-space/