One Step Closer With PayPro

in #cryptocurrency6 years ago

Hello back again with me in my channel, still about the cryptocurrency and now i would like to explain deeper about PayPro Project. This is my second post, you can read my first post here : https://steemit.com/cryptocurrency/@jalufadhli/what-is-paypro
Now enjoy my second post, thank you

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BEGININGS

PayPro was born in 2015 as an online tool for making payments in 25 currencies saving up to 90% on hidden bank fees. We got regulated by the Financial Conduct Authority, raised two funding rounds of €750,000 in total and spent a little bit more than a year in the market. We managed to process € 500,000 per month, which is not bad at all compared to the early beginnings of Kantox or Transferwise, for instance.

From that experience, we soon learned that the payments / banking industry was totally outdated. Thus, we soon realized that we had to make a step forward if we wanted offer a truly disruptive value proposition if we wanted to change the industry. This is why we started to listen to the market, talk with industry’s experts and do a lot of test and fail. And this is how we created PayPro: the first decentralized bank built.

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PayPro is a financial marketplace where any Decentralized Application (dApp) will be able to offer its services. Thus, dApps will be competing among them to become your supplier, not the other way around as with banks. In order to accomplish this goal, we are building first a universal wallet that will be capable to store most popular crypto-currencies and any ERC-20 token. As soon as we have released the wallet, we will build the marketplace.

PRODUCTS

Wallet
Our first stage of development after closing the Token Sale will consist on integrating Ethereum in order to build a Wallet. This wallet will be capable of storing all major crypto-currencies and all tokens bought at our marketplace. We have already built a proof of concept for storing BTC that it is available on the AppStore.

Marketplace
After the wallet has been built, we will start working on the first decentralized financial-marketplace. We believe decentralization must occur at two different layers;
On the one hand, our marketplace is going to be built on Ethereum as Decentralized Autonomous Organization (DAO).
On the other hand, PayPro will not be offering any service or creating a portfolio of services. Instead of that, we invite any financial dApp to offer its services with no screening process. Thus, we aim at creating an environment where all dApps will be competing for becoming the user's supplier for each service.

ROADMAPS

09 January' 15: PayPro is born.
Even though our goal was to make a bank, our first step into the industry was to create a payment tool.

1 May'16: Launch!
Once we got granted our authorization as Payment Institution by the UK Financial Conduct Authority, we launched the tool into the market.

April'17: Time to evolve
On April 2017 we decided it was time to evolve, thus we conceived how banks in the future should look alike.

May' 17: EUR 500,000 pm!
After one year of transactions and 100 companies using PayPro, we were transacting EUR 500,000 per month.

Nov' 17: iOS Wallet released
As part of our development plan, we have released the foundations of our universal wallet, which can already store Bitcoins.

8 January' 18: ICO Pre-Sale
On January 8th of 2018, we will launch the pre-sale of our Initial Coin Offering in order to distribute the PayPro Token (PIP).

15 January' 18: ICO Main Sale
On January 15th of 2018 the main sale of our ICO will be launched. Minimum investment will be set at 0.5 ETH.

July' 18: Marketplace launch
We expect to launch the marketplace on July 2018. In the meanwhile, the wallet will be periodically updated so new features can be added.

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 terms : Min investment of 0.5 ETH
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 depending on exchange rate.
Accepted currencies : ETH only
Token holder benefits : Decision & Economic rights.
% of Token sold : 40%
Nationality : Anyone except Singapore, Estonia and the
US due to legal restrictions or countries
trade sanctioned by the US.

for more information you can visit the official website that I include below.

Website: http://www.payproapp.com/
Ann Thread : https://bitcointalk.org /index.php?topic=2352783
Telegram: @payproico join on: https://t.me/payproico
Twitter: @thepaypro direct link: https://twitter.com/thepaypro
Facebook: thepaypro direct link: https://www.facebook.com/thepaypro
Reddit: https://redd.it/74m8py
Medium: https://medium.com/tag/paypro/lates
Email: [email protected]

Created by : jalxyx
link BTT : https://bitcointalk.org/index.php?action=profile;u=1356888
ETH address : 0xaFfDEEa6Ff307867a05B6a1FDde52e44663b1CE8

THANK YOU SO MUCH

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