Prontapay is a decentralized invoice ecosystem solution built using Ethereum smart contracts. Prontapay is the world’s first Smart Legal Invoice (SLI) payment system, which will apply intellectual contracts and blockchain technology to help businesses acquire successful payment, save money on transaction fees and create stable fast and non-dangerous ecosystem of accounts. Prontapay provides an early and successful system for creating invoices for customers powered by blockchain technology and smart contracts. Prontapay plans to be a pioneer of the first Smart Legal Invoice (SLI) payment system.
The Prontapay platform is a program for smartphones or desktop PCs, creating invoices, descriptions of goods and services in several clicks. All documents are stored in the blockchain, tariffs and product features are loaded from smart contracts, payments are automatic. The system of invoices payment through the blockchain is an improved version of accounting programs such as SAP and NetSuite. Each invoice has a link to the contract, a cryptographic key, containing all transaction terms. SLI document is sent by e-mail, the fact of the check is fixed by the EDS (electronic digital signature).
Prontapay utilizes blockchain technology to create a decentralized, peer-to-peer invoice lending platform. This platform will allow sellers, buyers, investors, and other service providers to directly connect, interact with, share, and distribute information. The goal is to create a trusted environment by facilitating transparency between parties and then rewarding performance. Prontapay’s main benefits are the blockchain ledger for proof of receipt which can offer easy accounting calculations at the end of the financial year and their lower prices compared to any merchant or bank currently offering a similar option.
BENEFITS
• Easy and effective payment
• Provide opportunity to save money that could have been spent on the transaction fee
• Fast, reliable, transparent and secure ecosystem.
- Users of the Prontapay platform will be rewarded with Pro pay coins each time they make a transaction.
FEATURES
- Legality
Each invoice contains the link to a valid contract between a supplier and a customer. If parties want to print the document for the tax inspection, it will have a legal power. An invoice is automatically paid after the verification of the counteragent: such an approach excludes incorrect payments and costs of return of funds.
- Informative
Invoice payer receives automatic notifications 24 hours before the expiration date of the payment. If funds were not received, 1 hour before the set date the second notification.
- Economy
A counter-agent having no funds for invoice payments receives an automatic notification within a week after the set date of payment. If the invoice isn’t paid, a late fee (2,5% for the transaction) and debt are collected by the Prontapay debt collecting service.
TOKEN SALE DETAILS
ProntoPay’s tokens are built according to the ERC223 protocol and distributed to the investor’s account right after the acquisition.
Total token Supply: 250,000,000
Available Supply For ICO: 75,000,000
Soft cap : $500,000
Hard cap: $15,000,000
Token platform: Ethereum
Token model: ERC-20
ICO starts: 14th April 2018
Initial Base Rate: 1 ETH = 3500 (PRO)
The PRO tokens are issued on the ERC20 standard. In total, during the ICO 250 million coins are sold. The developers are planning to collect $500.000 (soft cap) during the Pre-sale (14 April – 14 June 2018). The main phase of the ICO will be from 1st July until 1st August. All unsold PRO tokens will be destroyed. Good news for investors: assets are scarce, it is anticipated a gradual increase in prices.
TOKEN DISTRIBUTION AND FUND ALLOCATION
250 million PRO are allocated in the following way:
30% of tokens will be sold during the Pre-sale and the main stage of ICO.
30% of tokens will be reserved for paying participants bonuses.
28% of PRO are distributed among the project staff and Bounty participants.
12% of tokens will be spent on AirDrop, the project promotion, the payments for referral program participants.
Funds collected during the ICO will be spent on business:
60% of tokens will cover the costs of advertising, marketing, the project promotion and the Prontapay platform development.
20% of tokens are planned to be spent on current operational costs.
20% of tokens are the fund for audit fees, payment of legal business registration and unexpected costs.
MEET THE BRILLIANT TEAM
ROADMAP
Kind Regards, ensure to join this incredible project.
FOR MORE DETAILS, CLICK/FOLLOW THE LINKS BELOW:
Website: https://prontapay.io/
Whitepaper: https://prontapay.io/White-Paper-v1.0.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3250530
Telegram: https://t.me/prontapaycommunity
Facebook: https://www.facebook.com/prontapay
Twitter: https://twitter.com/prontapay
Author: Martilda
Profile link: https://bitcointalk.org/index.php?action=profile;u=1887582
Eth address: 0xd0D5d98857192B3931c831b7B809D47CD830da32