Have you ever hear about ICO (Initial Coin Offering)? or have you ever hear or know about PayPro before? If you have, you just waste your time by reading this article, but if you have not, you are on the right step! If we talked about PayPro, we definitely also talk about ICO. Because PayPro without ICO is possible to run it as well. Each system on Internet needs ICO to make it perfect, but in Paypro system, we use ICO as the first step to build the best business.
What is PayPro?
PayPro is a modern digital service to make day-to-day transactions safely, easily, and reliably widely accepted from transportation, daily shopping, electricity payment, to remittances via mobile phone, even the application of PayPro can be installed in Android or iPhone by download on Google Play store or Apple App store. PayPro is a decentralized bank created to handle new ecosystems where the value is represented in a new form (thanks to Smart Contract). PayPro is a decentralized financial market where every d App can post its services.
PayPro was born in 2015 as an online tool to make payment in 25 currencies that save up to 90% of hidden bank fees. they 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. They successfully processed € 500,000 per month, which is not bad at all compared to the beginning of Kantox or transfers, for example. From that experience, they soon learned that the payment/banking industry is really outdated. Thus, they soon realized that they had to make a step forward if they were to offer a truly disruptive value proposition if they wanted to change this 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 they make PayPro as the first decentralized bank.
PayPro works with ICO
To join in PayPro, we need ICO early before making an investment in PayPro. To more understanding about getting ICO (Initial Coin Offering), you can fill the form in the whitepaper by this link http://drive.google.com/file/d/1hKog8eUF8Jxhh7kCBNYQTOr5RdVMqX/View
PayPro works with ICO to boost the fund needed to start this business. They tend to hope to start working with you on this beautiful project. ICO (Initial Coin Offering) that are usually offered by the developers to raise the funds to develop the project where the project in the case is a digital point, so the developers need fund to maximize their project quickly. The advantages of this Initial Coin Offering or ICO for investors is to get some coins or token which can be traded in market exchanger, for investors as the followers of ICO will get the coin before it’s launched in free market, so they will get the coin or token cheaper while after the coins are launched in free market, it will be more expensive, even it will be more expensive than 3x price of ICO.
Behind the profits, there must be disadvantages that come. Because ICO is like invest, and you are as the investor will spend your money and give it to the third part so it’s most likely for SPAM, even the money that you give is not according to the agreement and the ICO is not a clear project. That’s why you need to know more about this on whitepaper.
Does PayPro work by combine ICO and IPO?
PayPro users usually make some campaigns to get the investor who wants to get ICO in several categories such as Video campaign, artwork campaign, Twitter campaign, Facebook campaign, telegram campaign, signature campaign, articles campaign, and etc.
IPO or Initial Public Offering is similar with Initial Coin Offering, which is IPO as the investigation, but they give the investment in the company for example like google and facebook, where they will share of their investment. While ICO or Initial Coin Offering when it wants to raise the funds should not through many regulations and anyone invest without minimum limit to Invest, while Initial Public Offering needs much regulation because of the investment in IPO just for big company. But in PayPro, they may be used ICO and IPO, because there is a similar case like google and facebook, while PayPro and Indosat, where the Indosat Company uses the PayPro system in their features.
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Author:
- Maiyah
- Maiyah Link