In a bid to boost its business and growth, P3C.io has decided to go ahead with a name change. The leading open-source project will be renamed to Commonwealth.gg. However, the rollout is not slated to take place immediately. According to reports, the firm is set to be renamed to Commonwealth.gg next year in 2020.
According to officials at P3C.io, as of now, the firm will continue to work with the existing name. The site is likely to be updated as soon as the change gets implemented with a brand new look. The firm will keep its users posted about the scheduled changes.
Why P3C.io decided to select Commonwealth.gg?
P3C.io decided to rebrand to Commonwealth.gg as it will help in defining the vision of the firm. The main motive of Commonwealth.gg will be to allow individuals to save and trade for their future with the help of a single smart contract.
According to officials, they believe that Commonwealth.gg is likely to emerge as a digital country. It may start as an economic system in the beginning, but later on it is set to evolve beyond borders.
Reports suggest that the first and foremost group that is likely to get invited into Commonwealth.gg will be gamers as they are already digital natives. They can easily comprehend digital currencies’ value. They are also searching for options to the regular banking system.
What are the primary reasons to call currency Points?
There are two factors responsible for it. The first one is that Commonwealth.gg bears similarities with games. Here you will be earning points by doing jobs. Those points will help you earn dividends. And, you may try to get the highest possible score.
Moreover, the officials at P3C.io have a firm belief in the future of Commonwealth Credit Cards where you have the opportunity of earning points on the basis of your purchase. The terminology will extend.
According to reports, a new look is also expected to be launched along with the change in the name by the next year, i.e. 2020.
P3C.io is a leading open-source project that can be listed on any exchange without seeking any prior permission. It has also emerged as experimental software and has been released to run on Ethereum Classic popularly known as ETC.