#PayAccept #Nexexchange #IEO #ICO #cryptocurrency #blockchain
INTRODUCTION
Digital currency (cryptocurrency), especially Bitcoin, is increasingly popular among millennials, both as a means of payment and investment instruments in the future.
Blockchain
This technology provides a safe and convenient way for customers to carry out their transactions via the internet without worrying about fraud and manipulation. The blockchain application makes it easy to send and receive money from any individual without being busy in a fraction of a second.
super-fast money transfer systems from blockchain can also be used in many ways because people can also pay their bills, order bus tickets, order movie tickets, etc. in a split second, and some applications that are already or are being used provide cash back to customers. This kind of strategy also attracts people to use certain banking services.
GLOBALIZING CRYPTO AND FIAT INTEROPERABILITY
Amid the restrictions and kickbacks that resulted in the delayed use of cryptocurrencies, only a few people looked for how to use fiat currencies and cryptocurrencies at the same time.
It seems that the solution is now at hand that PayAccept has been launched. This is the decentralized payment system that will enable the use of fiat currencies/paper money and cryptographic currencies/digital money at the same time.
HOW DOES IT WORK?
The first approach to the interoperable fiat and crypto transactions is to create an all-inclusive ecosystem. This will be the rallying point for the investors from both sides to come together to chase a common goal.
FEATURES OF PAYACCEPT
PayAccept is indeed committed to pushing for the interoperability of digital and fiat transactions. That is evident in some of the packages, as can be seen below:
PLUGINS AND INTEGRATIONS
Many websites and online-based platforms are now using different payment processors like PayPal, Stripe, VISA, MasterCard, and Bitcoin.
The time has come for the use of more cryptocurrencies. That is the first feature you will like about PayAccept. This payment processor allows you to integrate the PayAccept payment solution into your business in various ways, such as plugins and integrations.
The integration can be done in many ways, such as:
Embeddable invoices
Payment buttons
A hosted checkout
CRYPTO TO FIAT INTEROPERABILITY
To bolster the integration and interoperable of cryptocurrencies and fiat currencies, PayAccept allows for the connection to be made via the dedicated bank accounts of the users.
What this implies is that you can connect your traditional bank account to the PayAccept payment network so there wouldn’t be hitches in moving the funds to and from your bank accounts and PayAccept wallet.
We support over 50 cryptocurrencies from the start.
PayAccept uses the latest standards of digital wallet management. We provide our users with an intuitive layout, powerful and lightning-fast features, and maximum security of funds. We stand ready to give you everything needed to access incredible Blockchain products.
Tokenomics
Tokensale
Crowdsale address 0x1Fe72034dA777ef22533eaa6Dd7cBE1D80bE50Fa
Token symbol PAY or PAYT
Pre-ICO:June 12th, 2020 — July 1st, 2020 (50% bonus)
ICO: July 1st, 2020 — September 1st, 2020. The period can be extended!
Token Price (in ETH): 1 ETH = 1000 PAY
Public sale allocation: Mintable on top of current supply
Public vesting period: Not applicable, directly available after purchase
Soft- or Hard-cap: The soft cap is 1M PAY, hard cap on 15M
Token distribution: Instant
IEO To be announced, we are communicating with exchanges.
Token supply
Total supply Max 45M
Circulating Supply Available after IEO
Allocation
5M Team, Marketing, Development, Partners, Advisors and Reserve Fund
5M Bounties, Promotions, and Airdrops
Public sale vesting period:
Team funds of 5,000,000 PAY are locked until Jan, with a slow release of 1,500,000 every six months.
Budget & Spending
30% Team and Market Management
30% Developments
25% Marketing & Awareness
15% Reserve
PAY Utility Token
Lower fees: Enjoy a discount on all transaction fees
Pay ECOsystem: Priority access to new features and information
Global VIP invitation: Participate in PAY’s forum and impact PayAccept strategy
PAYnodes: Use PAY to deploy a PAYnode (more information to be provided)
Crypto-Backed loans: Use PAY to unlock the savings & loan section
Airdrop: Receive free airdrops for listed coins and tokens
Discount: Deploy services on the PAY network with discount
PAY token utility will continue to be expanded as PayAccept grows.
After receiving the EMI license, PAY will convert this token into a share in the company.
Roadmap
Milestones achieved
April 14th, 2020 Establishment of PayAccept and Stichting PayAccept
April 22th, 2020 Launching the PAY token (ERC20) on the Ethereum blockchain
May 2nd, 2020 Launching of the PayAccept website https://www.payaccept.net
June 5th, 2020 PayAccept officially accepted as a EU brand name
June 12th, 2020 Start of the pre-ICO tokensale
Roadmap
Please keep in mind if the soft cap is not reached, we will not become an EMI, but provide only digital wallet services, without fiat gateways, and other financial instruments.
July 2020 ICO/IEO tokensale (can be extended)
August 2020 Preparing EMI license with legal advisors (softcap-only)
August 2020 Purchase of an existing bank (hardcap-only)
September 2020 Official launch of wallet on the PayAccept website
September 2020 Pre-registration for PayAccept Cards (Visa/Mastercard)
September 2020 Connecting with third party exchanges for trading of assets
September 2020 Start of integration with other financial institutes and banks
October 2020 Launch of mobile wallet on iOS and Android
October 2020 Launch own digital asset network with PayNodes
October 2020 Deploying first payment terminals and cards to end users
October 2020 PayAccept Integration with large merchants
October 2020 Expanding with minimum 20 financial and digital assets (softcap)
November 2020 Series A seed investment round
December 2020 DeFi Borrowing and Lending Launch
December 2020 Further worldwide expansion and services like Insurances
Note: The above months can change, since for some services a license is needed, and this can take longer than expected. Nevertheless, this is a global approximate timeline using which we are going to take the next steps.
Team, partners and Advisors
Christiaan van Steenbergen | Founder & CEO
Serial Entrepreneur from 2003 in telecom, fintech, software development, and investment industry. Established over 15 enterprises and co-founder of NEXT.exchange and lead developer of the NEXT blockchain.
Gleb Jout | Co-Founder & CSO
An entrepreneur with a strong business background and proven track record in management, communications, strategy, and leading diverse teams. Co-founder of NEXT.exchange.
FINAL THOUGHTS
The interoperability and the use of cryptocurrencies and fiat currencies have become easier now that a decentralized payment solution like PayAccept is there to help.
For more information about PAYACCEPT, click the following links:
Website: https://PayAccept.net/
Facebook: https://www.facebook.com/PayAccept.net
Telegram: https://t.me/PayAccept
Github: https://github.com/PayAccept
Linkedin: https://www.linkedin.com/company/PayAccept
Twitter: https://www.twitter.com/payaccept
Btt Bounty Thread: https://bitcointalk.org/index.php?topic=5255787.0
Author : crypto verygood
telegram: @cryptoverygood
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1958408
ETH address : 0x868AF560fAc4EDC6022E9ADfedc3b49F4A13C2cD