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ParagonCoin (PRG) can create a global ecosystem where businesses and consumers can quickly and easily verifiably transfer funds — business to business, business to consumer, and/or consumer to consumer. A cryptocurrency correctly implemented is the logical solution to an ongoing issue with an unregulated marketplace. It readily solves the most major impediment to cannabis innovation and growth: the banking and payments issues.

PRG will be the digital token  that powers and incentivizes the Paragon user community and content platform. This digital token can be exchanged for fiat currency (dollars, euros, yen), in jurisdictions where such exchange is legal, or other cryptocurrency (e.g., Bitcoin, Ether) on various cryptocurrency exchanges after the initial ICO. The projected value is expected to be about USD $1.00 per PRG (fiat currency price throughout this White Paper is provided for illustrative purposes only; no fiat currency will be accepted during the PRG token crowdsale, only cryptocurrencies such as BTC, ETH, LTC IOTA and others).

Name: ParagonCoin
Ticker: PRG
Based on: Ethereum

Source: Paragon Coin White Paper