Encrypted social media with virtual currency implemented!

AALBORG, Denmark - July 9, 2014 - PRLog -- Panacoin is a new social media website that has been developed to restore privacy and fill what is missing in today’s social media. The concept has been under development for four years by a small team in Aalborg, Denmark. Our goal is simple: We want to build a safe network where you can meet new people that have the same interest as you, connect with friends, discover things without allowing cookies to decide what you have to see, free promotion, and earn coins while all of information is safe and encrypted. No one besides you have access to your data.

Note: We are not going to update our encryption system since our servers are hosted in USA. We need to avoid all risks when accessing our encryption system. The uploaded version is just a prototype until we get the servers in Switzerland, so we can complete the full project and release a beta-version.

Panacoin is simple and easy to use. Our main focus is to allow users to be in control of everything they want or may not want to see on the website. We have a 10-year plan including features that will be added every third month.
Judging by the popularity of social media sites across the globe, the market is virtually limitless. This is the first website to offer paid social media (PTV/PTC/PTP/PTS). The Panacoin vision reaches far beyond the limited scope of just connecting with people: It envisions a lively, interactive site which serves as a central meeting place for friendship and commerce, a virtual agora, or place of assembly.

The first $125,000 will give us enough money to finish the development of our project, create the app, and host the servers in Switzerland. However, we have a much bigger vision for Panacoin and we need your help to expand our team.

Even if we don’t reach our goals, we will finish Panacoin, but without additional funding it will take us a significantly longer period of time.

Your support will allow us to restore privacy and create a better future for the world of social media.

Since we are four young entrepreneurs, we simply don’t have enough funds to finish the project. We have all taken part-time jobs in order to support Panacoin and pay our developers. We have received private investments from our friends, but it’s not enough to make this dream a reality, therefore, we can’t complete the project if we don’t receive additional funds.
This is why Panacoin needs you more than ever! By raising funds, we will be able to work full-time.

Join us, we need your support:
https://www.indiegogo.com/projects/panacoin/x/6691768