PayPro ICO - The first decentralized bank on Blockchain technology

tháng 4 23, 2018

PayPro ICO - The first decentralized bank on Blockchain technology

What is PayPro ICO?

PayPro ICO is a decentralized bank made with a new ecosystem, in the new form thanks to the Smart Agreement. So, PayPro is a decentralized financial market, any place dApp can post its services. We are also developing Wallet, where users can store any electronic currency and any ERC-20 coin.

The main feature of PayPro is that it brings the hierarchy to a new level; Our market is not just decentralized at the technical level but also at the strategic level. This is why we want to call it UBER of the bank.

For example, after building PayPro, users can store ETH, BTC or GAS and use the market to invest in a fundraising platform. Similarly, stocks received from investments in the form of cents, are kept at PayPro. Therefore, all electronic money and liability will be presented in PayPro.

PayPro ICO

Reward: Yes

Platform: Ethereum

Payment: ETH

Minimum investment: 2 ETH (pre-sale)

Hard cap: 5,000 ETH

Pre-Sale: 08/01/2018–15/01/2018

Main Sale: 15/01 / 2018–31 / 01/2018

Presale: January 1 to January 15

Presale Rewards: Up to 35%

ICO: January 15th to January 31st

ICO Terms: Minimum Investment 0.5 ETH

Main ICO Bonus: first 24 hours 20%; First week 15%; second week 10%

Exchange Rate 1 ETH: 500 PYP

Limited to 20,000 ETH (High Cap) or EURH

Limited participation: Singapore, Estonia, China, South Korea and USA

Token allocation

+ 5% will be distributed to the community over time as a reward for R & D and bonuses.

+ 15% allocated to investors, investors early, partners in the future.

+ 20% is reserved for the current team and most importantly the promotion of future members.

+ The last 20% is for PayPro, under the supervision of the community, to achieve future sustainability through the distribution of network revenue.

PayPro ICO — Allocation of funds

+ 40% for development

+ 30% for growth

+ 30% for other expenses

PayPro ICO — Issues and solutions given:

The main problem with traditional banks, as reflected in the 2007–2008 world recession, is that they hold all the information, users can not make bad decisions. For this reason, it is often said that the center of the relationship with banks is not the customer but the bank.

While the fact that more and more banks are called new banks, or built on APIs or APIs, they still can not avoid major problems with banks; centralized services. Any form of centralization will diminish the services provided by the provider that will always have more information than the market. Thus, PayPro has created a financial market where any dApp can provide its financial services and any user can use them and evaluate them. This evaluation system will be the main piece because it will provide:

Transparency: Each user will be encouraged to evaluate dApp after use. In this way, the user will contribute to the evaluation so that any other user willing to use dApp will know whether it is appropriate for their wishes.

Loyalty: Users will be rewarded for dApps ratings.

Increased competition: Providers contributing to the market by providing their services can generate a second source of revenue through the PayPro rating system. In this way PayPro aims to get on board the dApps as possible; The more dApps in the market, the more competition, which will eventually force vendors to struggle and improve the quality of their services.

Improved service: The system is made to rank down over time and so dApps are forced to keep high ratings all the time.

Roadmap

+ November 2017 | Proof release concept: iOS app capable of holding and using the BTC is on the market.

December 1217 | Project Management: We will spend 1–2 months to plan the development.

+ February 2018 | Accelerate: All needed staffing and cooperation will be done and the development will begin.

+ February 2018 | Integrated Ethereum: Integrated Ethereum wallet so that users can store all the token in the wallet.

+ July 2018 | Market Start: We will launch dApp Marketplace where all vendors will be able to integrate and deliver their services.

PayPro ICO — Team

Pablo Ruiz — CEO: Pablo has started a company before PayPro. He holds a Master of Laws from ESADE and a Master of Management from Imperial College London.

Gabriel Llambias — CFO: Gabriel has over 10 years of experience in the banking industry and has also started a company before PayPro. Previously he studied Management at IQS.

Enric Giribet — CTO: Enric has <10 years programming experience. He began to develop on Blockchain a few years ago and now at PayPro, where he has been working for the past two years.

Roger Baiget — Developer: Roger studied Telecom Engineering at Barcelona Tech and has experience working at Accenture.

Jonas Karlberg — Marketing Advisor: Jonas is the founder of AmaZix, the world’s leading community management company, and the company that has been involved in such big successes as Bancor, Stox, BANKEX and Sharpe Capital.

Josep — Technical Advisor: He holds a Ph.D. in Computer Science from UPC Barcelona-Tech and has founded a new company in the field of IP network traffic analysis. He has been tracking Blockchain space since 2011, and more recently has acquired the certificate of ConsenSys Ethereum Developer.