In the PIN Token tokenomics, 1% of every transaction goes back to holders based on the percentage of PIN Tokens in their wallets. The larger your PIN Token holdings, the more you get from each reflection allocation.

Cryptocurrency prices change a lot because of how many people want to buy or sell, what investors feel, rules from governments, new technology, and overall economic conditions. Also, how easy it is to buy or sell these currencies, tricky moves by some players, people making bets on prices, reactions to regular market changes, and problems with the technology on trading platforms all add to the ups and downs in cryptocurrency rates.

Gas fees are charges incurred for processing transactions on blockchain networks. These fees are paid to network validators to execute and confirm transactions. In the context of our layer 2 solution, such as the PIN Network on Matic/Polygon, gas fees are minimized or eliminated. This is because the layer 2 operates off the main blockchain, allowing users to conduct transactions within a predefined network without directly interacting with the main chain. As a result, the burden on the main blockchain is reduced, leading to faster transaction processing and lower costs, creating a gas fee-free or more cost-efficient environment for users.

Our business model is strategically designed to prioritize affordability for both users and merchants within our network. Through innovation, we’re able to deliver exceptional value, including our 0% merchant fee and low-cost on-and-off ramp solutions. We recognize that Kiwis have long faced high costs in this industry - not out of greed, but due to a lack of alternatives. Our mission is to revolutionize the game and ensure everyone gets a fair go when it comes to crypto

Digital payments make up only a small portion of our network operations. PIN generates revenue through a diverse range of services. Alongside our digital payment gateway, we offer a peer-to-peer digital wallet with an integrated cryptocurrency exchange, provide on/off ramp services for cryptocurrency assets, and operate PIN DATA, our proprietary secure data storage platform.

While users may encounter minimal fees depending on the specific features they use, Pay It Now’s business model is built around the overall transaction volume within our network. This approach not only covers our operational costs but also enables us to deliver value across the entire network