Review EGO (Paysenger)

Social Network

5 min readMar 28, 2022

In the cryptocurrency network, only miners can confirm transactions by solving cryptographic problems. They will receive transactions, validate them, and spread them across the network. After that, every node in the network adds to the database. Once the transaction has been confirmed, the process cannot be deleted and reversed. Miners will receive a reward plus transaction fees. Essentially, the cryptocurrency network relies on the absolute consensus of all actors in the space to validate balances and transactions. If the network nodes do not accept it, the system stops functioning. However, there are many rules built and programmed into the system to help prevent this risk. Cryptocurrencies contain a crypto prefix precisely because the community consensus process is guaranteed by a secure crypto settlement. Along with the aforementioned factors, cryptocurrency has become a concept that makes “trust in the third party” completely redundant. And this time I’m going to tell you about a project that will change the digital world so beautifully and possibly revolutionize the digital age for the future. The project is called EGO (Paysenger). For more details on the project, I will discuss it in this article.

What is Paysenger?

Paysenger is a next-generation social network, a paid communication service for monetizing attention. It allows scientists, experts and influencers to get paid by responding to users’ requests. Developers plan to add an internal NFT marketplace to the Paysenger platform in the near future, so that users can convert answers from experts into NFTs and sell them to other users at a similar price.

Paysenger creates a new way of communication in a world with the fastest-growing relations and unchanged attention span. Now you can attract attention to your message or call by paying for the recipient’s attention with a fiat or EGO token. It is getting much easier with Paysenger to contact a media person or get expert advice. Received media content can be converted into NFT (Non-fungible token). It can be saved or sold on the internal marketplace for EGO.

Key highlights

Paysenger adds a new dimension to communication where human attention becomes a valuable resource. We are creating a seamless way for experts and influencers to monetise their interactions. Our platform will provide a reliable financial filter and highlight the most valuable offers while rewarding users for their time and attention. EGO is the utility token on the platform. The EGO token will allow you to access the platform’s features, pay for influencer services and participate in the distribution of the platform’s revenues through Buy Back & Burn. The mission of the project is to create a collaboration ecosystem where everyone can maximize their value and realize their full creative potential. EGO will represent human attention in the digital world: any request for our attention can be paid in EGO.

The potential for the project has already been recognised and attracted $1.5 million during the seed-round and the private sale. The project employs a team of over 60 people with experience from the start-up world and global corporations and we are working hard on improving the product, launching the mobile application, and attracting the audience.

Token

The EGO token is an internal medium of exchange used by Paysenger. While other ways will be available to users, EGO, as a specially designed tool, will provide several advantages:

- A mass audience. People wish to pay for communication with idols.
- A unique ecosystem. NFTs are traded only for EGO tokens.
- Influencers. Celebrities advertise EGO to earn on Paysenger.

The users will have opportunities to use fiat money and other payment options but we will encourage them to prefer the EGO token. In other words, EGO is a part of the Paysenger ecosystem; it was created not for fun (as many other) but for a special purpose and therefore has high growth potential.

Sale details

Future Plans

Conclusion

It’s important to note that EGO is not positioned as the main attribute of the project and is not promoted as a token with some special uniqueness, as others do. It is positioned as a convenient financial tool and supported accordingly. It is primarily secured by real customers. In particular, it is the customers who are interested in paid communications and learning how NTF works so they can get involved in the project’s ecosystem.

As I said above, blockchain technology is now widely used by many companies around the world, globally. Take a moment of your time and pay attention to this amazing project. A well organized team can carry out the concepts. I like their approach. I’m sure they’ll produce some great crypto results. This is not an investment advisory article, this is an analysis of the project for the community to consult and learn more deeply, so we will not be responsible for problems encountered in the investment process. Every investment opportunity also has certain potential risks. We hope everyone will carefully consider each investment decision to have the highest probability of success.