Smart Contracts fronted by a great UX & UI to enable the power of CSCs. (Configurable Smart Contracts)

Pactum: [Latin, Pact.] A compact, bargain, or agreement.

Pactum is a DApp that will allow users to choose from a “library” of Smart Contract Templates that fits their general use case. Furthermore, a user can customize the variables and conditions to fit their use case exactly as they see fit. This entails filling out an easy to use web form to customize said Smart Contract, along with automated verification and deployment to the EVM on their behalf.

No Solidity experience required!

Enabling P2P Pacts World Wide.

Encouraging mass adoption of Ethereum.

Pactum is Solving the Following Problem

Ethereum’s Smart Contracts are not trivial to develop and design. The average user does not have the skill or patience to develop a SC (Smart Contract). This fact alone hinders widespread public adoption.

Pactum will provide the solution with an easy to use, intuitive UI through our responsive web interface. This UI will allow a user to create a “pact” (a SC) with another party. Trust-less agreements (SCs) that can execute near, if not fully, at an autonomous level is the future. Pactum’s system will allow anyone, anonymous or not, to deploy contracts on their behalf to empower them to create “pacts” with one another. All that is required is an Ethereum Wallet. This is Phase I of our development plan.

Want to make a pact? Pactum is where it’s at!

Phase II, to be officially introduced in detail at a later time, will involve the development of Pactum’s Ecosystem of Smart Contracts (PESCs?). One major benefit of this system would allow mass usage of payment channels within Pactum. This would reduce the number of transaction fees paid out by our users while still delivering a more secure, transparent contractual agreement service. You can read more about payment channels here & here. Join our slack channel or email listing to follow us for more information as it’s released on Phase II.

Pactum’s Goals*

Provide a growing library of CSCs (Configurable Smart Contracts)

Support 3rd party wallets and/or DApps: MEW, MetaMask, and Ledger Nano S for example

Provide an optional user & wallet management system for non-tech savvy adopters

Allow Pactum’s token holders voting privileges on company decisions

Token holders to receive a quarterly benefit of Pactum’s success

Provide an optional mediation service to be included (at the user’s discretion)

Provide a rating & feedback system associated with wallet addresses

Provide a marketplace for Solidity developers to make profits from their own SCs

Provide an advance SC GUI creator that will allow creating SCs from scratch

Build out Pactum’s Ecosystem of Smart Contracts

Begin R&D on DE-Commerce: Decentralized E-commerce

Begin R&D on future enhancements as new features are introduced into Ethereum

Origins

Pactum’s initial concepts & ideas were first thought up during the 1st week of April 2017. Originally named ETH Mediator (insert joke about developers not having the ability to name things), our mission was to enable everyone world-wide to have the ability to use SCs without needing to learn to code or find & hire a Solidity developer. From there Pactum’s ideas, visions, and aspirations matured.

Our team started out as two. Rich and myself (Matt). I, then, posted a Reddit thread advertising my idea in the hopes of finding team members and that’s how Mike and James (James came up with our new name. Thanks James!) came aboard. Patrick, Rich’s younger brother & programmer himself, heard about the idea from Rich and was willing to lend us a hand & his time (he does super secret stuff for the government). Find out more about us on Pactum’s website.

Pactum’s pre-announcement post on bitcointalk.org can be found by clicking here.

What makes Pactum Different?

We have done our best to keep up with upcoming startups. Until recently, we believe we are the first startup to tackle this particular problem in our unique way. We are targeting various markets and user bases. Starting from the high level, for the majority of current and future users. And working our way down to the lower level, to target advance users. Our vision does not end with CSCs. It is only the beginning as we have several concepts in the pipeline that we want to explore with the community to further expand our contributions to Ethereum’s platform.

Our Technical Project Manager has been doing SWOT analysis of our competitors. We believe Pactum to be on top as far as strengths, weaknesses, opportunities, and threats go. As stated below, we won’t do a token sale until we have proven ourselves to the community. We urge that this should be the new trend. Especially for teams that come up without the proper reputation to back themselves.

Crowd Sale Preliminary Info

Here at Pactum, we strongly believe in community involvement. This includes cooperation, transparency, and trust.

To earn the trust of the community, we have already begun development of Pactum’s DApp. Not until we have a working testnet (Ethereum’s test network using Ether of no value) beta will Pactum have a token sale|ICO to crowdfund our dreams and ambitions of enabling Ethereum to be adopted at a global scale.

For the community to have the transparency of which they would expect from Pactum, we will give access to our GitHub repositories in iterative releases. Once we are live on the mainnet, we aim to have full public repositories. Public and private code reviews & audits are vital for Pactum to succeed.

Enabling community cooperation is vital for any crypto startup. Pactum has opened our Slack’s #general channel for community members to join in and participate in conversations with us. Find our link below.

Our tentative beta release and ICO launch date is end Q1 | beginning Q2 of 2018.

Join our Newsletter listing for more information or follow us here at Medium.

Seeking Talented Team Members

Our team is very passionate & dedicated about Pactum’s vision and the journey ahead of us. If you find yourself believing in the same vision and have the skills that you believe would be beneficial to our team, don’t hesitate to send us an email or join our slack channel.

For others, we are ready to start growing our community involvement. Please email, join our newsletter listing via our website, or join our Slack channel.

*Goals are tentative and subject change pending legal advisement