What is PayPro
PayPro is the 1st financial marketplace as a Decentralized Application (dApp) will be able to offer its services. Since the emergence blockchain, Smart contracts are being adopted in many aspects of our daily life. It is going to revamp not only all the existing structures of our current financial transactions but the entire Eco-system of our life. Everything looks to be on the way to decentralization; such as computer power, trading or insuring and also banking. There is already a rush to be able to integrate blockchian technology into different aspect of financial need. PayPro aspire be the pioneer and front runner into financial marketplace as DAO.
Decentralized Application (dApp)
Paypro dApp has a number of criteria that will be supplied :
• Applications should be developed in open source, operate autonomously, and cannot be in control by the entity. It also proposed improvements to market feedback and may adapted in the Protocol.
• In order to access the application and to reward any contribution of
value from miners or contributors, a cryptographic token is necessary.
• Tokens must be generated as proof of the value generated to the
application.
• Blockchain decentralised to store data and notes the operation to avoid a central point of failure.
•
PayPro Product
PayPro has built a banking platform the first has the capacity to Save the value of the currency and spend it.
- Wallet
PayPro will receive most forms of cryptococcus. Using Ethereum will allow users to keep at least 100 of the most used currencies with volume of transactions per day. Of course, PayPro Token will be our main currency and will be easily exchanged for other currencies. So far, we’ve developed an iOS app that makes it possible to store BTCs, but this is just proof of concept created for the purpose of user experience. You can download it in AppStore here:
https://itunes.apple.com/us/app/...
- The market place
On the one hand, users will be able to use their PayPro Token, also known as PYPs, to purchase any service on the market. These services will range from loans or investment loans. As soon as the user will spend his PYP, a token will be received and stored in the application as a result of using the Smart Contract. For example, if a user wants to invest in crowdfunding platforms, he can search crowdfundingplatform, select campaigns, pay on PYPs and save tokens received instead of PayPro.
On the other hand, suppliers can hand it service to the market. By using smart contracts, we can ensure that all transactions are made in a safe and efficient manner. All suppliers will be assessed by users so the best suppliers can be recommended and the worst can be ruled out By applying this rating our system can avoid centralization and thus ensure that the service focuses on the client and not vice versa.
TOKEN SALE
• Tokens offered through ICO 40% (Blue)
The funds raised will be used to finance the development of the platform for the next 4 years.
• Sustainability reserve — 20% (Dark Blue)
The sustainability reserve, which, while falling under the community’s
scrutiny, will be held by PayPro in order to achieve financial sustainability in
the future through distribution of the network’s total spend and marketplace
revenues.
• Community, R&D & bounties — 5% (Green)
To incentivize the community, as well as brand evangelism, we plan to
reward community, academic research as well as bug bounties over the next
4 years.
• Early investors, current & future advisors, partnerships — 15% ( Purple)
To give liquidity to early investors & backers, as well as for future
partnerships and strategic advisors, we will allocate 15% of total tokens
offered. Early investors, current & future advisors, as well as future partnerships will
have a 10% token allocation.
• Founders, team & future employee motivation packages — 20% (Red)
We believe that a company is only as strong as its team. Therefore all current
& future team members will receive motivation packages in the form of
vested tokens. These will all be vested according to the employee’s position/
scope.
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 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
Visit this link for more information:
Website - http://www.payproapp.com/
Whitepapper - https://drive.google.com/file/d/1hKog8eUF8Jxhh7kCBNYQTOwOr5RdVMqX/view
Telegram - https://t.me/payproico
Twitter - https://twitter.com/thepaypro
Facebook - https://www.facebook.com/thepaypro
Reddit - https://redd.it/74m8py
Ann Tread - https://bitcointalk.org/index.php?topic=2460780
Medium - https://medium.com/tag/paypro/lates
Bitcointalk Profile - https://bitcointalk.org/index.php?action=profile;u=1289068;sa=summary