What PAW is
PAW is a decentralized digital currency that offers near-instant settlement (<1 sec) and energy efficient transactions.
It's also building on a new reward model that allows for rapid growth of the network while using TGS for consensus.
PAW is not just a currency it's a strong community growing by the day.
Proof-Of-Growth Reward Model
The mining free reward model that incentivizes network growth
Unlike Proof-Of-Work which incentivizes the network growth indirectly through block rewards, Proof-Of-Growth is directly incentivizing the network growth. Similar to mining, every 10 minutes a new PAW reward is being made available and shared among all participants who contributed to network growth.
- No exclusion through powerful miners, lack of technical knowledge or resources.
- Everyone contributes to network growth
- No winner takes all. Everyone gets a reward in propotion to their contribution
- Rewards are being directly tied to network growth.
- Even distribution of the supply until 2025
Fewer participants will result in higher rewards for each participant. More participants will result in fewer rewards for each participants. The reward amount every 10 minutes is fixed with more people joining the supply and rewards each participant can earn continues to shrink.
PAW Features
Infinity Chains
One blockchain per account with asynchronous send and receive allowing for instant settlements.
Efficiency
A DPOS/TRG model for consensus allows for an efficient transaction model that no longer relies on mining or Proof-Of-Work for confirmations.
Tribe Gather System (TGS) aka DPOS
Fast transactions with little energy expensure
TGS is a consensus model in which users pick a tribe that will decide on their behalf on the legitimacy of a transaction.
For every transaction tribes will gather and decide if a transaction is valid. The transaction will be added to the network when 67% of the tribes agree on the validity.
A tribe's decision weight is determined by the amount of PAW it represents.
TGS does not require mining and therefore comes with many advantages: e.g. very little energy usage and fast confirmation of transactions.
The Paw-Universe!
Pick your pawnimal and join the PAW-niverse.
The PAW-niverse is constantly expanding.
Series 1 comes with a selection of 12 paw-nimals.
Each pawnimal can come in a different color.
Tokenomics
PAW's distribution model:
Total Supply: 340B PAW
80% - 272B Coins: Proof-Of-Growth Rewards
10% - 34B Coins: Expenses
10% - 34B Coins: Team & Further Development
Team: pays for the continous development and is split among all active core developers.
There are no presales or airdrops to reduce any unnecessary sell pressure.
Get Your PAW Wallet
Choose the wallet you prefer biome or biota.
Proof-Of-Growth
Overall data of the proof-of-growth implementation.
Last Cycle Reward
Tribes: 323,703 PAW (2.46 USD)
Stakers: 712,162 PAW (5.41 USD)
Games: 64,742 PAW (0.49 USD)
Giveaways: 64,742 PAW (0.49 USD)
Charity: 129,484 PAW (0.98 USD)
Supply
Total Supply: 330,794,815,492 PAW
Circulating Supply: 44,414,127,602 PAW (13% of Total)
Burned Supply: 9,487,551,429 PAW
Market Data
Price: 0.000008 USD
Market Cap: 337,547 USD
Fully Diluted Market Cap: 2,514,041 USD
On-Chain Volume Sent (24hrs): 19,936 USD
PAW Benefits
The benefits of PAW
Bitcoin
$2-60 network fees
- Rewards exclusive for miners
- 30-60 minutes settlement
- Slow with mining
- Decentralized
- Indirectly incentivized network growth
PAW
$0 network fees
- Rewards for every participant
- Irreversible settled in seconds
- Efficient with no mining
- Decentralized with adoption
- Directly incentivized network growth
ETH
$15-120 network fees
- Rewards exclusive for miners
- Settled in 10 minutes
- Slow with mining
- Decentralized
- Indirectly incentivized network growth
Donations
PAW donations for charitable causes
Frequently Asked Questions
The answers to most questions
-
How can I earn $PAW coins?
An overview of all possible ways to earn $PAW can be found here.
-
How is Proof-Of-Growth distributed?
Every 10 minutes the reward is split among all participants.
5% of the reward goes towards giveaways and contests.
25% goes to node operators
55% goes towards stakers
10% goes towards charity
5% goes towards games distribution
This goes until the distribution is completed. -
Are there any staking rewards?
There are staking rewards available.
You need a Reward Key and must have gotten invited before being able to access the staking area.
The staking area can be found here.
-
What does the tokenomics look in detail?
Proof-Of-Growth takes up 80%.
Those 80% will be released in 10 minute cycles. Each cycle the reward will be split among all participant.
5% of the Proof-Of-Growth is being distributed through giveaway + contests.
55% of the Proof-Of-Growth will be split among all participants who staked PAW
25% of the Proof-Of-Growth will be split among all node operators that have anything from 3.4M to 3.4B PAW delegated to it.
10% of the Proof-Of-Growth will go towards charity.
5% of the Proof-Of-Growth will be distributed through games.
More details on the rewarding can be found here
The development & founders takes 10%.
6% was split among the initial 4 founders who did the first setup and release of PAW.
The remaining 4% will be used for the continous development and is split among all active core developers.
Expenses take 10%.
This share will be used to pay for any reoccuring bills or one time bills. This includes exchange listings, server costs, company formation and potential bounties.
PAW
Join our community or get in touch with the someone via paw.digital