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.
ICO DETAILS :
- Name : PayPro Token
- Symbol : PYP
- Exchange rate : 1 ETH : 500 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 terms : Min investment of 0.5 ETH
- Main sale bonus : 1st 24 hours 20%. 1st week 15%. 2nd week 10%
- Limits : 20,000 ETH (Hard Cap) or EUR 5,000,000.00 depending on exchange rate.
- Accepted currencies : ETH only
- % of Token sold : 40%
- Nationality : Anyone except Singapore, Estonia and the
US due to legal restrictions or countries
trade sanctioned by the US.
TEAM
The founders team has been working together for the last 3 years, so we already a solid team. It is made of 3 founders who cover Blockchain, technology and strategy.
For more information please check link below :
My ETH : 0x54fE31f12a304C08833A834E3E60032da3cFf483
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