Pura (PURA)

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Pura is an international digital currency that allows consumers to complete transactions with anyone in the world directly, privately and instant.

Our Joke Name

Pura = Instant P2P

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (PURA)

Coin or Token

Circulating Supply (173 million)

Max Supply (350 million)

Block time (under 60 seconds)

Market Cap Ranking

Review

Introduction

Pura is an international digital currency that allows consumers to complete transactions with anyone in the world directly, privately and instant. Pura removes the middleman out of transactions such as banks and payment providers, while at the same time removing expenses making it cheaper for consumers than other payment platforms such as PayPal and Skrill. The Whitepaper can be viewed here: https://bit.ly/2GIGhTJ (20 Pages)

Key Features

● Instant Transactions
● Democratically Controlled
● Reward System
● Pura Planet

Features

Instant Transactions

Pura has a next-generation peer-to-peer payment network that doesn’t leave transactions unprocessed or leave anything to chance. Master node owners operate servers that are online twenty-four hours a day in order to guarantee consumers transactions are executed instantly, private and secure. Transaction speeds to anywhere in the world take under a second with instapay.

Democratically Controlled

Pura quotes “Your Vote Counts”. Pura is enhanced through a decentralized and global democratic governance process (DAO). This makes Pura controlled by no central authority, the community makes decisions on how it evolves and how it impacts the world. This makes Pura a digital currency run by people for the people. This is a key feature as it involves the community and keeps them in check with the project.

Reward System

“Make Pura Work For You” is a quote on the Pura Website used to describe the rewards system. Consumers can become master node owners and earn regular rewards such as bonuses or smaller transaction fees. Consumers can simply host PURA at a master node service providers and earn a “passive” income.

Pura Planet

Pura is all for making the world we live in a better place that is why Pura Planet is soon to be added in the near future. Pura Planet seeks to fund and track sustainable, environment and social project worldwide. Fund recipients will be held accountable to the community through the PuraMission portal and the blockchain, thus removing the need to simply trust non-profits and prosocial causes based on good faith alone.

Key Team Members

  • Vincent Fullerton
  • Nilo Ampunan
  • Dan Gross
  • Ritchey Mulhollem

Summary

Overall Pura is aiming to become an international decentralized digital currency that allows consumers to complete transaction instantly whilst keeping them private and secure. Pura is also conscientious about the world and has long-term vision full of communities and collaborators. Personally I believe if Pura can be better than other digital currencies and strive to make the world a better place it could really rake up some attention especially with mainstream media saying things such as a cryptocurrency that benefits the world as crypto is portrayed as just online money that doesn’t exist but really it is more than that which is shown through Pura and the Whitepaper.

Pros

  • Instant Payments
  • Reward system
  • Democratically Controlled

Cons

  • Centralised
  • No physical backing (asset, profits, commodity)