It’s something in our nature that we all want to earn huge in less time. Investing in cryptocurrency is an ideal choice for those wanting to earn big profits in no time. But finding the right cryptocurrency trading platform can … Read More
What is PAX
Bringing Real Estate and Cryptocurrencies Together
The PAX token is linked to the value of the Praetorian Group’s real estate holdings, making it the first sound money cryptocurrency.
The Praetorian Group will couple these holdings with a merchant services platform with the goal of bringing real returns to token holders for many years to come.
How PAX Works
Learn the steps we will take to create the world's first sound money cryptocurrency.
STO
Once The Praetorian Group’s S-1 filing is deemed effective by the U.S. Security and Exchange Commission (SEC), our company will begin an Security Token Offering for prospective investors.
PAX Token
The PAX token will seek to be listed on both traditional securities and cryptocurrency exchanges after the close of the company’s initial offering.
Purchase Property
Once the STO goals are met, Praetorian Group will use the funds raised to compile a real estate portfolio.
Technology
The PAX Token Benefits by Being Powered by the Blockchain
Secure
All information is stored on the blockchain.
Transparent
Using this public ledger enables all parties to verify the legitimacy of transactions.
Immutable
Data that has been written into smart contracts cannot be changed, reducing the risks of fraud.
Trust
Data is distributed through multiple nodes with each verifying the integrity of data.
Efficient
Faster, cheaper transactions and settlements.
Decentralized
Using blockchain removes the need for a central clearing house.
Real Card For Real Life
During Phase II of the business, Praetorian Group will enable users to access and spend cryptocurrency anywhere in the world that accepts debit card transactions. A physical card that draws upon funds in the the PAX Universal Cryptocurrency Wallet will be issued along with an iOS/Android enabled app.
PAX Gives Back
Investing in America’s Future
The Praetorian Group will be much more than just another cryptocurrency startup. The PAX Token will enable thousands of people to have access to vocational, financial and trade arts education; drug addiction counseling and therapy; youth programs and intergenerational programming. Pilot programs are already underway.
Roadmap
A milestone roadmap for the development stages of the PAX token. For more information, read our whitepaper.
December 2017
- PAX tokens created using the ERC-20 standard
January - March 2018
- Initial seed investments received
March 2018
- Initial SEC filing
July 2018
Amended S-1 filed with the SEC
Sept/October 2018
- Anticipated STO launch
October 2018
- Initial real estate purchases
March 2019
- Beta version of merchant platform ready for testing
Insights
Stay up-to-date with developments in the crypto world.
Moscow Stock Exchange MOEX is All-Set to Publish ICOs Data
The Moscow Exchange MOEX is planning to list information regarding initial coin offerings and token sales, CEO Alexander Afanasiev said in an interview on Friday. However, the exchange has no plans to directly sell tokens. They are currently developing one-of-a-kind … Read More
Regulation enables, not stifles, ICO innovation
The cryptocurrency space prides itself upon a decentralized, self-policing ethos. But, with the rampant abuses practiced by several ICO operators in 2017, regulatory intervention in the space is now a given. Two schools of thought are emerging: The first is … Read More
The Ruble is Out, Long Live the Kolio Say Russian Farmers
A small rural community, situated about 80kms from Moscow in the Yegoryevsky District, are starting to ditch the ruble in favor of a new type of cryptocurrency – the kolion. Ten years ago, a cancer diagnosis inspired Mikhail Shlyapnikov to … Read More
Hackers Take Another Swing at Cryptocurrency
Tuesday morning saw yet another brutal attack by hackers on one of the world’s biggest digital currency exchanges. This time the target was Bitfinex and the attack used is what is referred to as a DDoS attack (distributed denial of … Read More
The Best Free Cryptocurrency Apps for Serious Crypto Enthusiasts
Are you on the lookout for the latest, best cryptocurrency apps? No worries, we’ve got you covered. We have compiled a list of some of the best crypto apps that are actually worth downloading. We have put in a lot … Read More
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In The Media
Latest media news on the Praetorian Group and PAX token.
The Bronx sheds image of urban blight, becomes latest target of New York City's relentless gentrification
CNBC.com
Gerard Marrone, CEO and co-founder of real estate startup Praetorian Group, said that the South Bronx represents a ripe investment opportunity for those who are getting in early enough.
"To me, the South Bronx is one of the last frontiers in New York," he said. "As the city's population grows and people search for convenient and affordable housing, buyers in the South Bronx will see their investments grow substantially."
Read more
Utility Token? Why You’re Still Better Off as a Security
bitcoinmagazine.com
The SEC’s proclamation that ether (ETH) is not a security has sparked some celebration amongst the cryptocurrency community. Regulatory clarity is always a good thing, but ICO operators shouldn’t see this as a reason to put the champagne on ice.
The fact is, ICOs are still better off operating as if they were securities. Even if the case can be made that you’re a utility token, there are still an array of external factors that can upend your legitimacy.
Read more
Queens entrepreneur is looking to link his cryptocurrency to a sure thing
Tenants would get a 1% discount for paying their rent with Pax Coin. “It’s a pretty solid idea,” said Morgan Hill, a cryptocurrency investor at Attis Capital. “You could say they’re trying to take advantage of the hype, but that’s a fair thing to do.”
Indeed, Marrone is marketing his new coin at a time when Bitcoin is enjoying another resurgence. The digital currency sank to $6,000 per coin in the spring after topping out at $20,000 in January, but lately it has drifted back above $8,000.
Read more
Contact Us
Have a question about PAX? Send us a message.