New cryptocurrencies are popping up every week and it may be challenging to spot the best ones. Some of them are just scams while others will make 100x gains in the long term.
There are even ICOs that have made millionaires with a $100 or just $10 investments. I explained more details in my ICO investing course that was recently launched on Udemy.
So, What is the Best Cryptocurrency to Invest in August 2018?
One of the best ones is certainly PayPerBlock. In this article, I am going to explain what this project is all about and what makes it so potential.
I will also reveal 5 facts that make PayPerBlock extremely interesting for investors!
PayPerBlock ICO Review - Quick Summary
Name: PayPerBlock (PAYB)
Website: https://PayPerBlock.com
Type: Blockchain-Powered Freelancing Platform Providing Blockchain Services
Token Price: $0,005
Amount of Tokens: 10 Billion
Summary: PayPerBlock wants to become #1 a freelancer platform providing blockchain services in the world. I believe for several reasons that it has all the potential to achieve it.
Read the full article to see the 5 reasons why!
Recommended? Yes.
​
PayPerBlock Airdrop - Get Free $10 Worth of Tokens!
At the moment, PayPerBlock has a cryptocurrency airdrop. It means that you will get free 2,000 PayB tokens (worth $10) in 5-10 minutes just by following the steps that I specified in the video below.
Let me know in the comments if you have any questions and I'll be happy to help you out.
PayPerBlock Review - Video
Take a look at my PayPerBlock video review below. I am sure you will find it helpful and useful.
What Is PayPerBlock?
PayPerBlock is an upcoming blockchain-powered platform that provides blockchain-related freelance services for businesses.
The project has started in 2017 and the team to build the best blockchain expert freelancing platform in the world has been gathered in the "Silicon Valley of North and Europe" (Oulu, Finland).
The goal of the company is clear: Become the best blockchain expert freelancing platform in the world.
PayPerBlock aims to become the world's leader in a new but extremely fast-growing industry. When looking at their team, I believe they have great chances to achieve that goal.
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- PayPerBlock Roadmap
PayPerBlock project started in 2017 and in the image below you'll see the roadmap for the near future:
PayPerBlock Roadmap
The PayPerBlock MVP platform was created in November 2017 but the actual PayPerBlock platform itself is not yet launched. The end of the 2018 will be a busy year for the company as there will be moving fast forward each and every month.
At the moment, PayPerBlock is in its private sale phase and they provide early investors even 50% bonus. Therefore, if you are planning to participate in their ICO, I highly recommend investing right away because you will get 50% more tokens now than during the actual ICO phase in September.
PayPerBlock ICO - Details Explained
PayPerBlock will issue their own cryptocurrency token that will serve as a currency on their platform that is called PAYB. The use PayB will give clients a discount when they buy services on the PayPerBlock platform.
There are other quite similar blockchain-powered freelance platforms that also provide their own cryptocurrency for users. One of them is called LanceChain. However, its purpose is also slightly different than PayPerBlock.
PayPerBlock will issue 10 billion tokens and the price of the PAYB token is $0,005. Early investors will get bonuses during the ICO as it is specified in the picture below:
You can earn also free tokens by referring other people to the ICO. PayPerBlock provides you and the referral both a 5% bonus. Let's say that you invite your friend for their ICO and he invests for $1,000.
You and your friend will both get 5% bonus which will be worth $50 for each person.
4,5 billion tokens will be issued during the ICO which is 45% of the all tokens. The rest of the tokens will be issued as it is explained in the image below:
It's good that 25% of the tokens will be held in the cold storage development in order to maintain the price of the PAYB token.
PayPerBlock has explained the use of the funds that they collect during the ICO clearly on their whitepaper.
Most of the collected funds will be used for the research and development.
If you have any questions regarding the PayPerBlock ICO, I recommend reading their FAQ page here or whitepaper here.
You can also always ask me anything in the comments below and I will be more than happy to help you out.
1.PayPerBlock Enters a Booming Market
PayPerBlock is entering one of the fastest growing industries in the world which are freelancing and blockchain.
- Tremendous Growth of the Freelancing Industry
At the moment, the freelancer industry is already worth more than $1.5 trillion in revenue per year. More than 77 million people in the world it it define themselves primarily as freelancers.
Companies use freelancer services more than ever before in the history. Hiring a freelancer is often flexible and more cost-effective than hiring a full-time employee.
I have worked as a freelancer and I have been hiring lots of he freelancers and I have truly noticed the benefits of it.
I don't even need to believe that freelancing industry will grow because it's already a common known fact. Numbers show that the industry is literally booming.
- Blockchain Industry Is Booming Also!
In addition, PayPerBlock does not only benefit for the growth of the freelancing industry but also for the growth of the blockchain industry.
Blockchain industry is literally skyrocketing and the demand for highly qualified blockchain experts is tremendous.
I have seen job openings for blockchain programmers that offer them even $20,000 monthly salary.
Blockchain companies are screaming to find qualified experts. PayPerBlock answers to their needs.
2.PayPerBlock Provides Better Deals Than Its Competitors!
If you have used freelancer platforms, you probably already know that they usually charge significant fees between freelancers and business owners.
For example, on Freelancer you need to pay 3% fee as a client and 10% fee as a freelancer. This doesn't sound like much but in the long run it will add up.
Upwork charges even 20% from the freelancers and 2.75% from the clients.
PayPerBlock charges only 1% fee from clients if they are using their own PayB token and 2% fee if the clients are using Bitcoins.
The wonderful thing is that PayPerBlock doesn't charge anything from freelancers.
Let's say that you earn $10,000. On up work you would pay $2000 for fees but on PayPerBlock you don't pay any fees at all. In the other words, you have immediately earned $2,000 more because you did not need to pay fees.
See the comparison below between PayPerBlock and 2 major freelancer platforms Upwork and Freelancer.
As I far as I know, you cannot pay on Upwork or on other freelancing platforms with cryptocurrencies. But it will be possible on PayPerBlock.
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That's another benefit of PayPerBlock compared to these other major freelancer platforms.
3.PayPerBlock Has A Highly Qualified And Experienced Team
PayPerBlock is full of highly experienced developers and ambitious business-minded people who have 10-20 years of experience in their field.
This is not a team that is just trying to build their first big project. They have a huge combined experience and tremendous knowledge in this industry.
It's also worth noting that most of the team members are from Finland that has the best education system in the world. Therefore, team members are not only highly experienced but they also have a top-notch educational background.
I have traveled in more than 30 countries and lived for a longer time in many of them. I have noticed that the educational level in Finland is really much better than in most other countries in average.
As the CEO of PayPerBlock said, "If Finnish people start a project, they make sure they finish it successfully."
PayPerBlock Team Is Highly Qualified And Large.
One of the biggest factors of a successful project is having enough team members to make things happen.
PayPerBlock has 12 team members and 3 strong advisors that have been part of several multi-million dollar companies including Nokia, Rovio and other ones.
The headquarters of PayPerBlock is in Oulu which is also the place where one of the most famous Finnish technology companies, Nokia, was rooted.
4.PayPerBlock Provides Security for Freelancers
I have been using several freelance platforms as a client and many of them provide 100% satisfaction guarantee for clients. It often means that if the clients is not satisfied with the work that he has received, he can refuse the job and the freelancer will be left without the payment.
I have seen many freelancers that have been frustrated because of this policy since they have spent a lot of time to do the work. If the client refuses to accept it, freelancer may not have much to do.
PayPerBlock will provide a 100% satisfaction guarantee for clients but also for the freelancers.
The blockchain Modell will enable them to keep the client's payment on hold until they have reached the solution that is satisfactory for both parties.
You can read more details about the benefits of PayPerBlock platform for freelancers in their whitepaper.
5.Benefits of Using Cryptocurrencies
Cryptocurrencies are all the time becoming more and more popular. Every year, every month and every week new people start using cryptocurrencies all over the world.
It is not a coincidence because they provide so many benefits compared to fiat currencies.
For example, international payments can be extremely expensive with traditional methods while they cost is very little by using cryptocurrencies.
In many situations, I have needed to spend lots of money on banking fees when making international payments. And I am not the only one...
Big companies are using all the time thousands of dollars just for the banking fees.
PayPerBlock accepts payments with cryptocurrencies which will provide a huge competitive edge for them in the long run. People will be happy to use their platform and save money on fees.
When the popularity of the cryptocurrencies and blockchain platforms will grow, also the popularity of the PayPerBlock project grows which can directly impact in their price.
PayPerBlock Is Still "Under-The-Radar"
Imagine if you would have invested in Bitcoin, Ethereum, Litecoin or another huge cryptocurrency when they were just starting out and nobody knew about them.
You would have made tremendous profits as an investor. At the moment, you can't expect anymore such big returns by investing in BTC, ETH or LTC because everybody is already talking about them and the prices are high.
Even though the awareness of the PayPerBlock is growing already extremely fast, it's still a bit "under-the-radar" providing a huge opportunity for early investors.
If you want to make maximal profits with cryptocurrencies, you need to invest in projects that are not yet in the mainstream.
When you invest in a project when nobody knows about it. The price is still low. But when the awareness of the project grows larger, the price will go to the moon.
Conclusion - Is PayperBlock (PayB) a Good Investment?
Personally, I think that PayPerBlock has a bright future and it may provide huge returns for early investors. The company enters a booming market and is has all the reasons to do well.
Their team is highly educated and has an extensive experience in the field. The roadmap of the project is clear and the end of the 2018 will be interesting to follow when they will be launching their platform.
More and more people will recognized the great work done by their team and the price has a potential to skyrocket.
I will continue following with an excitement the process of the PayPerBlock project.
​What kind of experiences do you have with freelancer platforms as a freelancer and as a client?
Do you believe that PayPerBlock will become the #1 platform for blockchain freelancer services?
Let me know in the comments below!
If you have any questions, just leave a comment below and I will be more than happy to help you out.
Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice. I have partnered up with PayPerBlock because I truly believe that this project will thrive.
I’ve been mentioning to a lot of people that I want to get into cryptocurrency because it’s a good way to make some money. The problem for me is that I’m just not 100% sure and reading several stories about people losing their investments in Bitcoins doesn’t reassure me at all. I’ve just not too sure about all these new cryptocurrencies just appearing as well.
Yes, cryptocurrencies are still a very volatile market. Some people have become millionaires but I bet that there are also some people who have lost millions. You just need to do your own research carefully and take the full responsibility of your investments. If you lose money, you can learn from your mistakes and not to do them again next time 🙂
I’m still a newbie in terms of bitcoin, so far I learned many things in watching Youtube videos. This new information is very interesting and I think in my understanding its a bit different in bitcoins. This is a good opportunity for people who have the finances to invest. I will definitely share this to my friends and family. As for me I will be aiming for the free 10$ or the 2,000 Payb tokens.
Great to hear that!
Ethereum and Bitcoin are very popular in my place. I have been digging up the details about such investments offline but until now I have not generated sufficient facts. A friend of mine does the investments and I have been learning from him. I however thank you for the review as it has opened up some loopholes of information I had.
Now there has been a long “bear market”. It means that the prices have gone lower for a long time now. I think that now is a great time to invest because the prices are so cheap. Of course that’s just my personal opinion and not an official investment advice 🙂
I’ve been wanting to invest in cryptocurrency for a while now but I don’t know where to start. It feels like a whole new skill that I have to learn from the ground up and I don’t exactly have the resource to invest time in it. Though a lot of articles online are bringing cryptocurrency down and that’s been a major downer for me to invest in it.
My personal opinion is that Bitcoin and Ethereum are the safest choices. I am pretty sure that they will thrive in the long term. Of course, I may be wrong but BTC and ETH users have been all the time growing even though we have been in the bear market now for a while. I think it’s only a question of time when the prices start going up again.
Bitcoin is quite strong in my country. There’s even a few internet wallet services that offer bitcoin trading bundled with being an internet debit card. I may start from there.
Ethereum on the one hand I don’t know where to start. The only thing I know is that people here have been buying computer parts to mine them. I don’t have the resources to do so.
Here is my list of the best cryptocurrency exchanges where you can buy Ethereum as well.
Check it out and let me know if you have any questions on how to proceed from there.
Crytocurrencies, i often read and heard it but i don’t have full understanding. It will take for a while to fully digest it. I find the scope are broad. How it works and its effect. However, I’m thankful that you are kind enough to share your knowledge on this kind of opportunities. Keep up the good work.
Thank my friend Jelineex!
I have always been interested with cryptocurrencies but it is hard for me to take in everything. But from what I read in your article and internet it is indeed a growing industry. I’m very interested in investing but I still have to study it more. I will put PayperBlock in my list of future investments.Also,it is great that the future of freelancing is growing with the development of PayperBlock. This will make things more convenient and easier access.
Yeah, cryptocurrencies and the blockchain industry have been literally skyrocketing over the past few years. It will be interesting to follow what the future will bring.
I could smell the excetement from you as you wrote this review as i read. It is always great to find somethi g which you have stamped with you approval.
I have never ventured into crypto and any lessons I can get I obtain from this site first. I think its great but a further research based on one’s preferences is always proper which is what I will do.
You’re right. It’s always good to do your own research before investing. I do it always myself and also recommend to other people as well. I can be wrong and all the other “gurus” and “experts” can make mistakes as well. That’s why it’s important to make the research to grow as an investor.
Hahaha. Its better to rely on people like you who have an honest standpoint than those “gurus”. Just cons and scammers.
Hahaa 🙂
What I don’t get is how this type of cryptocurrency, or really any for that matter, can save costs on the middle-man fees when they still charge a fee themselves. It’s like they’re not even trying to hide it and they want to float on the hype around the buzzword of blockchain. There has got to be a better way to explain this.
As a client yourself, perhaps it would help if you provided a follow up demonstration on things like their decentralized dispute resolution system. If they have a demo available, that would be a good place to start and possibly screenshot.
The fees on PayPerBlock will be lower than on current freelance platforms. They are at the moment developing the product/platform and the beta version should come out soon.
I’m very much interested with cryptocurrency. I find this article very helpful. I hope this PayPerBlock flourishes in the near future and I am so interested in investing in them. They show a promising result and system. I am now researching on cryptocurrency and I have this PayPerBlock added on my list to consider if I’ll invest.
That’s great. I always recommend doing your own research before investing 🙂
These tips about the cryptocurrencies are really helpful and unique from the ones i usually see on the web, thanks a lot for everything you provide to us !
You’re welcome! I’m glad you enjoyed!
Thanks for the informative article. I learned of several cryptos that I wasn’t aware of before. I find cryptocurrency really exciting and fascinating, amazing how up and coming it all is. Block Chain tech is really revolutionary. I want to get into investing in crypto eventually but am still doing research. But it seems we are getting more and more choices for which cryptos exactly to invest in. This article had good info, and I will refer back to it for sure. Thanks again!
Yes, cryptocurrencies are coming and taking over little by little. Feel free to ask me if you have any questions regarding cryptocurrencies or investing in them.
I’m because I am interested in cryptocurrencies. I like to invest but I need to be very careful. Seeing this article is a great plus in my decision. I really hope all of the investors will be happy after investing in this.
I hope so too 🙂
I’m not sure that I understand this crypto fully because they are so many details to take in. However from the little I understand I think this is an amazing idea. I agree freelancing is the future of work. For people that live outside the USA, UK, Canada and Australia, its really hard to get payment so it would certainly make things easier if people can be paid in this way. A worthy investement I think.
I understand that it takes some time to understand cryptocurrencies. It took also lots of learning and studying from me to understand how they work. It’s the same with any new technology. But I believe that in the coming years, the mass adoption continues taking place and eventually everyone will start using cryptocurrencies.
Thanks for also adding your point of view that many freelancing sites are only available for the citizens in a few countries.
The offers that the PayPerBlock brings to freelancers is one that you can’t get anywhere else at the moment. I guess that the developers took out time to study the situation on the ground before launching the coin. I see it appreciating in value in no distance time. I only wish that they stay on course as I would be looking at investing on it as well when I save some funds from my work.
Yes, it’ll be so exciting to follow how PayPerBlock project develops and moves forward.
I am keen to see that too as I am hopeful that there are coins that should be good as bitcoins. I don’t think that I have seen any crypto that is that good at the moment.
Yeah, Bitcoin feels that “safest” bet in the crypto market at the moment because it already has a huge amount of users. But I believe that new coins can provide greater profits than Bitcoin at the moment even though they may be riskier.
I agree with you that some other good coins that are in the market can provide greater and better profits if they keep appreciating. I think that the people that made it in Bitcoin were those that started early when the coin came out a few years ago.
These days I am reading on crypto currencies and how to benefit by investing on crypto currencies. I have never heard of this PayPerBlock program. If you recommend this digital currency, I think this will be a profitable investment. I have never invested on any crypto currencies. The only crypto currency that I have ever transacted is bitcoins. However, I think I need to go beyond bitcoin and check other digital currencies as well.
Yeah, there are huge opportunities in the cryptocurrency world. A lot of money can be made. However, I want to give you also a word of warning. A lot of money can also be lost with cryptocurrencies so you need to be careful 🙂
This looks very very good when you take into consideration that it’s still new.
It’s a breakthrough in the freelancing world.
At first, I was skeptical. Because every now and then, new cryptocurrencies come to exist. But by the look of it, PayPerBlock know their stuff! Their team looks highly qualified and educated. This is a team you can trust!
I will be closely following this project and I think I will invest here.
Thank you for the thorough review.
I understand your point. It’s good to be a bit skeptical because there are so many new cryptocurrencies popping up.
On the other hand, PayPerBlock has a highly qualified team and all the reasons to succeed.
Wow! This is really a breakthrough in the freelancing industry. It looks like PayPerBlock really has their game up on this by being the first freelancing platform to introduce the cryptocurrency mode of payment.
I thought at first from reading the title that this is just another new cryptocurrency platform that has just penetrated the market, but I was wrong. It looks like there’s really more to it than just cryptocurrency. we have a quite attractive income potential here!
Yeah, there are many cryptocurrencies popping up every week. Many of them die in the process but I believe that PayPerBlock will be a successful one. They have a strong Finnish team that has a vast experience of working in successful companies.
I see now. For you personally, it would make sense to trust your local brand, right?!
No, seriously, PayPerBlock really has a lot of potentials to offer in this type of industry because of the unique trend that they are setting. That’s their edge with the competitors. Hopefully, they would come up with more and more exciting opportunities.
Yeah, true.
When it comes to trusting Finnish workforce… I have seen in practice that on average the quality of Finnish work is higher than on other countries. I have traveled in +30 countries and lived in many of them for a longer time and I can truly say that the quality of work in Finland is easily one of the highest.
Finnish people don’t usually give up and they are trustworthy.
Yeah, no doubt about the quality of Finnish companies. Having worked for one a few years back, I say that they’re incredible! Aside from the quality of their products and services, I love how they are always welcome to new ideas. So the moment I heard that PayPerBlock is a Finnish company, I felt confident that this would be another worthy investment.
Wow, that’s interesting. May I ask for which FInnish company you were working for?
I worked remotely for Nokia before. Though it was just a project-based stint, I must say that I’ve learned a lot from the experience. And they’re really fun to work with!
Wow that’s interesting!
By the way, recently I made some good money by investing in their stocks but I sold now because I think at the moment there are better opportunities in the world of cryptocurrencies than in the stock market.
PayPerBlock looks like a good business prospect for one to take advantage of and invest in cryptocurrency. And it’s obvious that the project is still at its infancy stage, if one makes a good investment and get the free token, should the project makes a major breakthrough, the first investors are definitely going to reap big from it. It’s good to see that they have capable team to help with the project.
Yes, good points. It will be truly exciting to see how this project moves forward. They really have all the potential to make their platform the leader in the blockchain freelancer services.
Bitcoin started just like this in 2009, the natural investment minded people took advantage of it and made some serious investment in the cryptocurrency, and today they are millionaires if not billionaires as well. The same thing is likely to become of those who too the business risk of investing in PayPerBlock. If it becomes successful, they are guaranteed huge profits from the early investment.
Yes, PayPerBlock has a big potential for giving huge returns for early investors.
Actually, Bitcoin is a bit different than PayPerBlock because they have a little bit different purpose. Bitcoin is more like an universal money while PayB token is just a currency that is used within their platform.
Even with PayPerBlock being slightly different from Bitcoin in terms of where it’s used, if it enjoys a massive success in breaking out in the world, I don’t see the reason why it wouldn’t expand or widen its reach away from the base platform that it’s used at the moment. Don’t you think so?
Hmm… It’s hard to say. I think that it’s not their goal at the moment but who knows 🙂
Alright. It’s good to have a plan and stick with it because it’s the only way to get people or investors to have faith in your business project. PayPerBlock still being new, needs lots of time to grow, stabilize and then expand.
This type of cryptocurrency is a welcome development as it is focusing on making waves via the freelancing industry, which as you pointed out, is growing at a rapid rate. Early investors on this coin will have reasons to smile in the future.
Exactly. Freelancing industry is on a tremendous rise. And the same applies to the blockchain industry. Both industries are literally booming. Therefore, PayPerBlock is really hitting the right market situation.
That’s the thing as they came at the right time to capture two markets with the new adjustments that they want to make especially as it relates to the commission charged to freelancers which they now said that it is going to be free. It is really a good news that every webmasters that ever worked as a freelancer should be happy about.
Yes, PayPerBlock is going to provide significant benefits compared to its competitors which is one of the main reasons why I think it will do great. Benefits for freelancers as well as clients are obvious.
Exactly @Henrywrites, PayPerBlock is new and with the increasing trend in the Freelancing industry today, I definitely don’t see anything that can stop it from reaching its full potential. It might seem early but it’s the right time to invest and be among the foundation of the industry.