Paycoin (PCI)
Paycoin ranks #95 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #579: 484 of the 578 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 584 non-native assets CoinSpectrum lists above it by market cap, about 50% are tokens, 42% are claims on other assets, 8% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #95 |
| Rank counting claims | #579 |
| Market capitalisation | $33M |
| Price | $0.0326 |
| Circulating supply | 1,022,576,439 PCI |
| Maximum supply | 1,900,000,000 PCI |
| Consensus family | Proof of Authority |
| Consensus mechanism | Hyperledger Fabric (permissioned PoA) |
| Ledger type | Multi-asset ledger |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
Grade pending. Fewer than six of Paycoin's nine network-security points are measured yet. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 7.3 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 7.3 | Proof of authority: 7.3 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 7.3 | Proof of authority: 7.3 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 8.2 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 8 | fixed maximum supply of 1.9 billion |
| Distribution | 5 | average of 2 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 0 | 100% of today's supply allocated at launch to founders, a company, a foundation or investors. PCI is issued and operated by PayProtocol AG (Danal-associated) with no mining; supply was cut to a fixed ~1.9B after 2.041B was burned by Feb 2023, with ~831.9M still locked in foundation-controlled buckets (PayProtocol lockup dashboard, July 2026, via yellow.com). source |
| Fundraising (share sold) (Source) | – | Launch not yet researched |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No issuance: PCI is a fixed, company-issued supply on a permissioned chain with no mining or block rewards, so there is nothing to cut. source |
| Decentralisation | 0.7 | average of 3 parts |
| Governance (Source) | 0 | An authority can halt the chain or freeze funds source |
| No central team (Source) | 0 | A central team directs it: Paycoin is run by Danal's PayProtocol on a permissioned network it operates. source |
| Who can mint (Source) | 2 | Gated by registration: producers admitted by name, licence or company registration: an allow list, federation, council or proof of authority |
| Nodes (Source) | – | Not yet counted |
| Security | — | 1.1 of 2 points, 6 not yet measured source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | – | |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | – | |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 1 | not mined: another consensus, 1 |
| Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point) | – | |
| Open source (Node software) | – | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | — | too few measures yet source |
| Fees ($0.001 or less 10, $1 or more 0) | – | not yet measured |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | – | not yet measured |
| Block time (10 minutes 10, less either side) | 1.7 | a block every 3 seconds |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | – | not yet measured |
| Features (3 checks) | 0 | 0 of 2 passed, 1 not yet researched |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | – | |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✗ | No public full node exists to prune. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | Users cannot run a node or light client; the operator's network answers queries. |
| Privacy | 0 | 0 of 10: whitepaper privacy 0 of 7, extra features 0 of 3, 1 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 0 | Coinone disclosure: the PayProtocol mainnet is a permissioned Hyperledger Fabric ledger where only pre-approved participants transact and permitted peers process blocks; users reach it through admitted wallet providers. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | 0 | An account ledger: one running balance for each address, so the remainder stays at the sending address and its payments share one public history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | No user-facing confidential transfer feature. |
| Hidden parties (Sender and receiver hidden) | 0 | No user-facing anonymity feature. |
| Network privacy (Origin hidden by default) | 0 | Permissioned Hyperledger Fabric network; no public node and no transaction-origin hiding. |
| Programmability | 0 | 0 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts | 0 | The mainnet is a permissioned Hyperledger Fabric ledger where only authenticated nodes join; no source shows users deploying contracts. |
| Multisig and time locks (Without a third party) | ✗ | No user multisig or time-lock feature documented for the Fabric mainnet. |
| Atomic swaps (With other chains) | ✗ | No hash-lock feature documented; a DEX-linked swap is only planned. |
| Native DEX (Trades the coin itself, not a claim) | ✗ | No DEX found trading the coin itself: none on its own chain (DefiLlama), and not on THORChain, Maya, Chainflip, Komodo DeFi, BasicSwap, Bisq or Haveno (checked 2026-11-04). |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No cross-chain feature documented. |
| NFTs (Carried by the chain's rules) | ✗ | No NFT feature documented for the mainnet. |
| Demand | 5.3 | average of 7 measures |
| Exchanges (10 or more: 10) | 5 | 5 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 3.4 | $287,739 traded in 24 hours; #881 by volume on the exchanges the site reads (scored on the median day of the last 30, $511,851) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 7 | 1.4% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 6.9 | $39,647 within 2% of the price on 1 exchange, 0.12% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 3.8 | $33M, 3.8 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Wallet support (wallets that hold it, 10 or more: 10) | 1 | its own node and wallet, counted as 1: no wallet in the site's directory lists it yet |
| Record | 8 | average of 3 criteria |
| Age (years since genesis) (Source) | 6 | 6 full years since 2020-03-05, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | — | Not yet measured: no commit count and no release research |
| Conduct (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
Proof of Authority coins
Bittensor TAOA
VeChain VETB
Ozone Chain OZOB
Electroneum ETNA
AMO Coin AMOC
DucatusX DUCXC
BlackFort Exchange Network BXNAll Proof of Authority chains →Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Monero XMRA+
Bitcoin Cash BCHA++
Litecoin LTCA+
Ethereum Classic ETCAAll Proof of Work chains →Supply
1,022,576,439 of a maximum 1,900,000,000 PCI are in circulation — 53.8% of the total that will ever exist.
Launch and allocation
| Premine (allocated at launch) | 100% of today's supply |
|---|---|
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
PCI is issued and operated by PayProtocol AG (Danal-associated) with no mining; supply was cut to a fixed ~1.9B after 2.041B was burned by Feb 2023, with ~831.9M still locked in foundation-controlled buckets (PayProtocol lockup dashboard, July 2026, via yellow.com).
Not established: no source found describing an ICO, private sale or investor round for PCI.
No issuance: PCI is a fixed, company-issued supply on a permissioned chain with no mining or block rewards, so there is nothing to cut.
Sources: payprotocol.io · payprotocol.io · yellow.com. Researched 2026-10-24, medium confidence.
What a regulator has said
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
How CoinSpectrum ranks Paycoin
Paycoin is #95 among cryptocurrencies and #579 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 484 places between Paycoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).