PayBookClub is a social rewards platform running since 2017 across Africa and Asia, whose users earn
PAYBOS — a Stellar-native utility token — through
everyday content engagement. PayBookClub and PAYBO are owned and operated by Capexsales Ltd,
a UK company trading for over ten years. The ANDAL heritage token is issued separately by
Aandaal.io CIC,
a UK Community Interest Company focused on heritage, arts and cultural preservation.
31,892 registrations are live in the current database.
Cumulative registrations since 2017 exceed 70,000: approximately 25,000 accounts have been
removed over the years as fraudulent, and the database has been rebuilt more than once.
Historical records remain recoverable from archived AWS volumes. Google Play reports
100,000+ downloads.
Both tokens operate on the Stellar blockchain — fast, low-fee, and built for real-world utility.
PAYBO · Stellar
PAYBO Rewards Token
Earned by users through browsing, post approvals, subscriptions and platform activity. Convertible to XLM via the Stellar DEX with 99.9% organic market coverage.
NetworkStellar (Horizon)
Use caseRewards, cashout, trading
ConversionPAYBO → XLM → INR/fiat
MarketStellar DEX (live)
ANDAL · Stellar · Coming
ANDAL Heritage Token
A cultural Real-World Asset token linked to India's temple arts, classical music, and heritage tourism economy. Issued by Aandaal.io — India's first blockchain-powered cultural preservation CIC.
NetworkStellar
Use casePatronage, heritage, RWA
BackingUK CIC asset lock
StatusPre-launch — book now
XLM · Stellar native
Stellar Lumens (XLM)
The bridge asset. Users convert PAYBOS to XLM via the Stellar DEX, then sell XLM for local currency through licensed exchanges. Off-ramp partnerships are in progress — an Asian exchange is currently in corporate due diligence, with FIU-registered Indian venues (XLM/INR) targeted for the India launch, alongside African operators.
NetworkStellar
INR pairXLM/INR · FIU-registered venues
AfricaMultiple local operators
SettlementUPI / IMPS / mobile money
Developer reference
Live API Endpoints
Base URL: https://api.paybook.club — Authentication via Basic Auth. Contact us for API credentials.
GET
/accounting-robot-data
Live XLM revenue health — earned vs paid out, coverage ratio, fee breakdown, cashout data. Period: today / yesterday / week / alltime.
GET
/market-health
PAYBO market intelligence — organic vs bot buy/sell pressure, price trend, hourly volume, health score, bot dependency ratio.
GET
/pricesupport/status
Status of the PAYBO price support bot — last run, next run, XLM reserve, daily cap, market trigger conditions.
GET
/transactions
Merged arbitrage and price support transaction history — executed trades, profit, Stellar transaction hashes, timestamps.
GET
/summary
Profit summary — today, this month, all-time XLM profit from arbitrage operations and market making activity.
Two separate UK entities. Capexsales Ltd owns and operates PayBookClub and the PAYBO token — a commercial company trading for over ten years. Aandaal.io CIC is a Community Interest Company that runs The Aandaal Project and issues the ANDAL heritage token; its assets are legally locked for community and cultural benefit. The asset lock described below applies to Aandaal.io CIC and ANDAL, not to PayBookClub or PAYBO.
Why a CIC?
A Community Interest Company is a UK legal structure designed for social enterprises. All profits, assets, and token proceeds are governed by a statutory asset lock — they cannot be diverted for private benefit.
Asset lock — funds cannot be extracted for private gain
FCA and Companies House regulated structure
Transparent governance with annual community interest reports
Designed for heritage, arts and charitable ecosystem projects
ANDAL token proceeds flow back into cultural programmes
User-generated contentPhotos, stories, poetry, art, news. Contributed by members and paid for in PAYBO, not in cash.
→
Production
EnhancementModeration, AI narrative, keyword extraction, indexing, permanent page generation, language handling.
→
Product
Enhanced mediaShare pages, ContentBox feeds, an OTT distribution alternative, and sentiment and engagement data.
The raw material is paid for in an internal currency. The output is sold for cash. That difference is the whole model.
2 · The financial loop
Two sides, one internal currency
Left — acquisition
Members rewarded in PAYBO for posting, commenting and sharing
Enhancement runs on infrastructure already paid for
No cash leaves the business to acquire content
PAYBO pool
internal currency 662M in reserve
Right — markets
Content market: publishers embed ContentBox and share pages
Advertising market: corporates buy placement, invoiced in cash
Film licensing: producers sell releases direct to their audience
Cash enters from the right. Rewards are paid from the left in PAYBO. The pool sits between them, which is why the platform has run for nine years without continuous capital injection.
3 · Unit economics
What it has actually cost
58.4MPAYBO distributed to date
~$3,700total reward cost at historical XLM prices
$0.19per user rewarded, against a $3–5 industry benchmark
11,289cashout events completed
662MPAYBO reserve — roughly 132,000 further cashouts
471,651DEX trades, 99.9% organic coverage
Acquisition has never been the constraint. A press meeting and television appearance in Kerala in 2017 produced roughly half a year of installs within a month, at no media cost. Retention and product discovery are the constraints, and they are what current work addresses.
4 · Why the token holds
A market sustained without capital injection
What supports PAYBO
Cumulative platform revenue and profit, not new money
A 662M reserve covering years of cashouts at current rates
Live XLM/PAYBO market on the Stellar DEX with a liquidity pool
Real utility — members spend PAYBO on boosts, priced posts and goods
What would change the scale
An Indian film licence — producers selling releases directly to their audience
ContentBox distribution through publishers (UK patent GB2512788.7)
Order-book depth on a centralised venue alongside the DEX
The platform is not waiting on funding to survive. It is looking for the distribution that turns a working model into a large one.
Embeddable Products
Revenue-Ready Products
Five production-ready products — embed, white-label or distribute. Each live with demo and integration code.
PATENT PENDING · GB2512788.7
1. ContentBox — Monetised Content Widget
Patent-pending embeddable content box pulling live posts from PayBookClub’s member network and global news (CNN RSS). Users earn PAYBO per view. Distribute free — revenue share on impressions and PAYBO activity.
✦ Live UGC from a 70,000+ cumulative registration network
✦ Global news: CNN RSS integration
✦ PAYBO reward triggers per view
✦ UK Patent Application GB2512788.7 — accepted & registered
Revenue: PAYBO activity share + ad impression split
STELLAR DEX · LIVE
2. In-App Trading Window — PAYBO/XLM DEX
Fully functional trading interface showing live wallet balance (PAYBO + XLM), market price, BUY/SELL/SEND via Stellar DEX. API-distributable to any partner platform wanting crypto trading embedded in their app.
3. Tamil Heritage Puzzle — Multiplayer Game Widget
Multiplayer Tamil heritage image puzzle running in-browser — no download, no app store. Embed with one script tag. Players earn PAYBO credits making it a viral engagement and user acquisition tool for any partner.
✦ No download — instant on Android, iPhone, desktop
Free to embed · Revenue: PAYBO share on completions
FREE · 70K MEMBER NETWORK · EMBEDDABLE
4. ANDAL World Heritage Chat — Free Embeddable Chat
Live community chat widget backed by PayBookClub’s member network. Embed on any website for instant community engagement. Users sign in with PayBookClub credentials and earn 1 ANDAL Coin daily for participation.
✦ 31,892 live members · 70,000+ cumulative since 2017
Seven live browser games that pay players in PAYBO. Movie Chain — link each film to the last by a shared title word or actor, entirely by tapping — ships in English, Tamil, Hindi, Telugu and Malayalam, alongside Song Chain and Word Game. No download, no app store, and every embed carries a dofollow backlink to the host site.
✦ 7 titles · 5 languages — Tamil, Hindi, Telugu, Malayalam, English
✦ Tap-only play — works on entry-level Android, no typing
✦ Movie Chain: Easy +10 PAYBO · Hard 🔥 +100 · 5 goes daily
Free to embed · Revenue: PAYBO share + host backlink
Revenue potential — all five products
Product
Status
IP Protection
Revenue Model
Distribution
ContentBox
Live
UK Patent GB2512788.7
PAYBO share + ad split
Free embed · white-label
Trading Window
Live
Stellar DEX integration
Fee share + spread
API · fintech partners
Puzzle Game
Live
—
PAYBO on completions
Free · one script tag
Chat Widget
Live
—
ANDAL Coins + premium
Free · white-label
PAYBO Games (7 titles)
Live
—
PAYBO per play + backlink value
Free iframe · 5 languages · referral links
IN DEVELOPMENT · NOT YET LIVE
Storefront — Live Shopping on PAYBO
A rented live-selling session. A seller books an hourly slot, streams from a phone, and their priced posts become the shelf — buyers purchase in PAYBO through the existing in-app payment flow, with no commission beyond standard content charges. Built on components already in production: wallet charging, priced posts, the buy flow, and in-house chat. The remaining work is video delivery and the player screen.
✦ Zero commission — differentiator vs 9% platform fees elsewhere
✦ Hourly slot rental settled in XLM from the seller's wallet
✦ Merchants already accept PAYBO for goods in Nigeria
✦ Enables earn-and-spend in-app without any fiat off-ramp
Target: pilot in Nigeria · specification complete · build estimated 1–2 weeks once scheduled
Investor Relations
Platform traction & unit economics
All figures derived from live Stellar Horizon data and MongoDB — auditable in real time via the API.
Cashout growth — monthly events (32x in 6 months)
Revenue vs reward cost — path to profitability (projection)
Revenue ($)Reward cost ($)
Unit economics — true cost of rewards (historical XLM pricing)
The dashboard XLM payout figure uses the current PAYBO/XLM rate. This overstates historical cost because XLM traded below $0.09 for most of the platform's 6-year life. The true dollar cost of all 58.4M PAYBOS distributed is approximately $3,700 USD — an average of $0.19 per user.
With 662 million PAYBOS in reserve the distributor wallet supports ~132,000 further cashout events — several years of growth without replenishment.
Period
XLM price
Cost/cashout
2020–2022
$0.05–$0.09
$0.50–$1.08
2022–2024
$0.09–$0.13
$0.45–$0.65
2025
$0.10–$0.18
$0.50–$0.90
Apr–May 2026
$0.18–$0.25
$0.90–$1.25
Weighted avg
~$0.10
~$0.33
India expansion
Off-ramp partnerships — outreach to Indian FIU-registered exchanges ongoing since May 2026; an Asian exchange has entered corporate due diligence (KYC in progress). Proven Indian demand — a single press meeting and television appearance in Kerala in 2017 produced roughly half a year of installs within a month, before any cash-out mechanism existed. Malayalam & Tamil onboarding live — seven-language selector deployed July 2026 (Hindi, Tamil, Telugu, Kannada, Malayalam, Filipino, English). Reach beyond television — 958m Indians online against 193m TV households, and 548m of those users are rural. Market sizing appendix.
Key investor narrative
32x cashout growth in 6 months shows accelerating organic demand. $0.19 acquisition cost vs $3–$5 industry benchmark for social apps. Patent GB2512788.7 — ContentBox accepted. 4 live revenue products with white-label distribution.
