PAPPAY is a cryptocurrency used for digital payments and purchases on the internet. Crypto payment methods are becoming essential day by day, and the industry is growing rapidly. Hence, Pappay initiated this payment tool that offers passive income to its users. As per its whitepaper, the Pappay platform is convenient, fast, and secure that can be used for e-commerce payments, and offers a user-friendly API (Application Programming Interface) for developers. The core values of this platform are clarity, community, and development. The assets share transparent information with each other and the community. 

PAPPAY is the native token of the Pappay platform. One percent of transaction fees is redistributed to $PAPPAY token holders. The platform rewards the token holders for holding the coins. Six percent of the holdings are distributed to the marketing and development wallet to improve further PAPPAY products and pace up the product adoption rate. Besides, 1 percent of the transaction fees are automatically added to the liquidity. Also, each transaction burns 4 percent of the PAPPAY tokens. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value.

PAPPAY was released in April 2021 and is driven by the community. The currency has a total supply of 1,000,000,000,000 PAPPAY coins.

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