PAYPRO — launches the 1st truly decentralized financial-marketplace

in blockchain •  7 years ago 

Hi guys,.. when Bitcoin rose as a contrasting option to the present pyramid-shape installment arrange, it astounded everyone inside the industry by promising another decentralized installment organize. It was known as the second web insurgency. Notwithstanding, Blockchain was all the while getting found.

With the raise of Ethereum, we found that Blockchain isn’t just implied to change the present installment organize yet in addition to change our whole biological system. Similar standards of Blockchain can be connected to property possession, advanced character, store network, protection or clinical trials, for case. From my point of view, this new comprehension of how Blockchain can be utilized on account of Smart Contracts will be the beginning stage of making a Computerized Legal System.

This new worldview will make new needs that will be looking for new arrangements. At PayPro, we unequivocally trust that this future is close also, subsequently, we need to position ourselves in the bleeding edge by conveying a arrangement that will facilitate the change from the old to the new worldview.

WHAT IS PAYPRO ?
PayPro is a decentralized bank made for managing another eco-system where esteem is spoken to in new structures on account of Smart Contracts. Therefore, PayPro is a decentralized money related commercial center where any dApp can post its administrations. We are additionally building up a Wallet where clients will have the capacity to store digital forms of money and any ERC-20 token.

After we have assembled PayPro, a client will be fit for putting away ETH, BTC or GAS, for example, and utilize the commercial center for putting resources into a crowdfunding stage, for example. Moreover, the offers got from that interest in the type of tokens, will be likewise put away at PayPro. Because of that, all the crypto-resources and liabilities of an individual will be spoken to in PayPro

WHAT IS dApp ?
PayPro’s commercial center will be worked as a decentralized application, additionally known as dApp. As per David Jonhston, a dApp must meet a few criteria in request to be considered all things considered:

  • The application must be produced open-source, it needs to work self-governingly and the larger part of tokens can not be controlled by an element. Additionally, proposed upgrades and market criticism might be adjusted in the convention.

  • keeping in mind the end goal to get to the application and to compensate any commitment of esteem from mineworkers or patrons, a cryptographic token is fundamental.

  • Tokens must be created as evidence of the esteem produced to the application.

  • A decentralized Blockchain must be utilized to store information and records of operation keeping in mind the end goal to dodge any main issue of disappointment.

PayPro will accept most forms of cryptocurrencies. Using Ethereum will allow users to store at least the 100 most used currencies by transaction volume per day. Of course, PayPro Token will be our main currency and will be easily exchanged with any other currency. So far, we have developed an iOS app that allows to store BTC, but this is just a proof of concept made for user experience purposes.

You can download it on the AppStore here:

https://itunes.apple.com/us/app/paypro/id1225181484?l=ca&ls=1&mt=812

MARKETPLACE

On the one hand, users will be capable of using their PayPro Tokens, also known as PYPs, for buying any service in the marketplace. These services will range from loans or credits to investments. Once the user will have spent its PYPs, a token will be received and stored on the application as a result of using a Smart Contract. For instance, if a user wants to invest in a crowdfunding platform, he can browse for crowdfunding platforms, select a campaign, pay in PYPs and store the token received in exchange on PayPro.

On the other hand, suppliers can submit their services to the marketplace. By using smart contracts, we can ensure that all transactions are made in a secure and efficient way. All suppliers will be rated by the users so the best suppliers can be recommended and the worst can be ruled out. By implementing this ratingsystem we can avoid centralization and thus guarantee that services are client-focused and not the otherwise.

PAYPRO TOKEN
PayPro Token (PYP) will be the lead money in our ecosystem, encouraging exchanges inside the commercial center. the structures for taking choices will be set by PayPro as primary promoter and group for token holders. we recognize the way that making compulsory for our clients to be always purchasing PayPro tokens may lessen the client encounter. thus, we will exploit the advancement of our door to permit the trade from client’ existing-assets to PayPro tokens consequently every time the clients need to pay expenses. Issuing our own particular Token will permit financial specialists from everywhere throughout the globe to join PayPro. These financial specialists will have early access to PayPro’s Token at its creation. As the quantity of tokens will be constrained, we anticipate that the cost will raise as long as the request increments. However, later on our Token will be exchanged on every significant trade as BTC or ETH are today. We expect our Token to end up noticeably broadly utilized even outside our application as the group develop.

TOKEN SALE SUMMARY
Name PayPro Token

Symbol PYP

Pre-sale period

January 8th to January 15th, 2017

Pre-sale terms Min investment of 15 ETH

Pre-sale bonus Bonus of up to 35%

Main Sale period

January 15th to January 31st

Main sale terms Min investment of 0.5 ETH

Main sale bonus

1st 24 hours 20%

1st week 15%

2nd week 10%

Exchange rate 1 ETH : 500 PYP

Limits 20,000 ETH (Hard Cap) or EUR 5,000,000.00

depending on exchange rate.

Accepted currencies ETH only

Token holder benefits Decision & Economic rights.

% of Token sold 40%

Nationality Anyone except Singapore, Estonia and the

US due to legal restrictions or countries

trade sanctioned by the US.

TEAM

The founders team has been working together for the last 3 years, so we already a solid team. It is made of 3 founders who cover Blockchain, technology and strategy.

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  ·  7 years ago Reveal Comment