Background ..
When Bitcoin emerges as an alternative to the current pyramid payment network, everyone is amazed by the industry by promising a new decentralized payout network. It's called the second internet revolution. However, Blockchain is still found.
Introduction:
With the rise of Ethereal, and we found that Blockchain is not only meant to change the current payment network but also to change our entire eco-system. The same Blockchain principles can be applied to property ownership, digital identity, supply chain, insurance or clinical trials, for example. From my perspective, a new understanding of how Blockchain can be used thanks to Smart Contracts will be the starting point for creating a Digital Legal System.
The purpose of the project
This new paradigm will create needs that will seek new solutions. At PayPro, we strongly believe that this future is very close and thus, we want to position ourselves at the forefront by providing solutions that will facilitate the transition from the old paradigm to a new, better paradigm.
What is PayPro?
PayPro is a decentralized bank created to handle new eco systems where the value is represented in a new form thanks to Smart Contracts. Thus, PayPro is a decentralized financial market where every dApp can post its services. We are also developing a Wallet where users can store crypto-currency and ERC-20 tokens.
Once we build PayPro, users will be able to store ETH, BTC or GAS, for example, and use the market to invest in the crowdfunding platform, for example. Similarly, the shares received from the investment in the form of tokens, will also be stored in PayPro. As a result, all individual crypto and liability assets will be represented on PayPro.
Our beginning
PayPro was born in 2015 as an online tool to make payments in 25 currencies that save up to 90% of hidden bank fees. We are governed by the Financial Conduct Authority, collecting two rounds of 750,000 total funding and spending a little over a year on the market. We successfully processed € 500,000 per month, which is not bad at all compared to the beginning of Kantox or Transferwise, for example.
From that experience, we soon learned that the payment / banking industry is really outdated. Thus, we soon realized that we had to make a step forward if we were to offer a truly disruptive value proposition if we wanted to change the industry. This is why we started listening to the market, talking to industry experts and doing lots of testing and failing. And that's how we make PayPro: the first decentralized bank built.
DApp features:
PayPro Market will be built as a decentralized app, also known as dApp. According to David Jonhston, a dApp must meet several criteria to be considered as follows:
Applications must be developed open-source, should operate autonomously and the majority of tokens can not be controlled by an entity. Also, proposed improvements and market feedback can be adjusted in the protocol.
To access the app and to reward contributions from miners or contributors, a cryptographic token is required.
Token must be generated as proof of value generated on app.
Decentralized blockchain should be used to store data and records of operations to avoid a central point of failure.
Offer:
Because PayPro is a complex challenge, we have not developed it yet. In fact, all code will be open source and we hope people can join us in the development.
We run this ICO to raise the funds needed to start this business. We are looking forward to start working with you on this amazing project.
Our future:
In the future where Intelligent Contracts will be used for many of our daily activities, such as using decentralized computer power, trading or insuring cars, we believe that banking will also be decentralized.
On the one hand, traditional banking services are decentralized thanks to many initiatives coming from all over the world and built on the Ethereum protocol - some of which can be traced here:
all of these apps need to be offered through the same general platform as Android apps offered on Google Play, otherwise the user experience will be reduced.
Token Sale:
Depending on the exchange rate. Currency received by ETH is only the beneficiary Token & economic rights. % Token sells 40% Nationality A person except Singapore, Estonia and the US due to legal or state-owned trade restrictions approved by the US. Bonus If an investor can not invest in a pre-sale token, he can still enjoy the bonus through the following methods:
1).During the first 24 hours, bonus tokens are 20%.
2).During the first week, bonus bonus is 15%.
3).During the second week, a 10% bonus token.
Roadmap
Official site
Website:https://www.payproapp.com/
Whitepaper:https://drive.google.com/file/d/1hKog8eUF8Jxhh7kCBNYQTOwOr5RdVMqX/view
Ann Thread Bitcointalk: https://drive.google.com/file/d/1hKog8eUF8Jxhh7kCBNYQTOwOr5RdVMqX/view
Facebook:https://www.facebook.com/thepaypro
Twitter: https://twitter.com/thepaypro
Medium: https://medium.com/tag/paypro/lates
Author: djoker bad
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1172449
Ethernet wallet address: 0x70BB58f1292aAa576dd25B3e77816A20D294c414
Like the name. Reminds me of PayPal though
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