Entry.Money ICO Review

mehedi220 (27)in #entry • 6 years ago

About ENTRY

During the global financial crisis, it became obvious that the current financial system was deeply flawed. It also became obvious that these vulnerabilities could have a major impact on the global market even in the future. Even today, the global economy is struggling with sluggish growth. Transferring funds across international borders are still quite complex. It also consumes a lot of time and is quite costly.

The existing models that run on the banking system are slow and full of intermediaries. Besides that, you have to deal with counterparty risks, extensive paperwork, and a lot of bureaucracy. The business model created by this project has focused on disrupting the existing financial models. These current models are only focused on toll keeping without offering consumers any real value addition. By eliminating the intermediaries, it will help to make the system faster, secure, and more cost-effective for those involved.

The Synergy of the ENTRY.MONEY services

The services in the ENTRY.MONEY system is comprehensive & interdependent on any other. They’ve been seamlessly integrated to offer the consumer a full banking experience. Their goal is to make a new banking are where the consumer has complete control and every facility are avail under a single roof.

ENTRY.MONEY Mission
To be the gateway among the paradigm and the usual and new financial platforms led by digital money and empower the financial system to have a system that allows interoperability among the two.

ENTRY.MONEY aims
• To help digital money access conformity for each day deals and open-up the universe of virtual finance to each and every citizen.
• To keep transparent details of every deal in the system
• To extend the use of virtual money for buying and payments across worldwide business
• To make a simple and versatile system to revolutionize usual ways of dealing with baking platform
• Comprehensive baking item and service package ENTRY.MONEY make sure a new benchmark in financial and banking

ENTRY.MONEY services
• ENTRY.MONEY
Digital currency business and fiat money payment gateway for e-stores, individual and business accounts (withdrawal, deposit, instant fiat and crypto money transfer. We and Smartphone application versions, and Debit card!
• ENTRY.EXCHANGE
Centralized digital money centralized and instant and ultra-fast P2P, high-security systems, user-friendly services and supported startups across the globe!
• ENTRY.NETWORK
Wallet, open source code, Smart contact, custom block-chain and the making of platform-specific tokens!
• ENTRY.BANK
Block-chain tech allows rapid and uncomplicated cross-border payments at the extremely low rate.
• ENTRY.CASH
Cash machine, ATM system, transfer, cash-out, and top-up with money (applying an agent or cash machine). Payment gateway for real store, the service provider (POS), it will also look to have a fund card in upcoming time for simply entrée to both crypto and fiat.
Token entry will be applied in the ENTRY.MONEY as the main virtual money, used in other systems as primary or not virtual currency can be traded in exchange.

The benefits of the project

A simple and affordable exchange of Fiat to cryptocurrency and Vice versa;
Reliability and transparency of operations provided by the use of blockchain;
Possibility to integrate platform functionality into third-party resources;
"Transfer" of banking services to a more stable blockchain environment;
The presence of familiar tools to simplify entry into the crypto industry;
The complexity of services, which makes the platform universal in terms of functionality.

The project token

Entry Token will be utilized as a part of Entry platform as fundamental cryptographic money which will bring the following benefits to the user:
The organization will offer sparing record to build Entry Tokens, avert theorizing. This will permit ENTRY holders acquire enthusiasm on their possessions.
Entry Token will propel advertise members to utilize Entry for exchanges and reserve funds when contrasted with hypothesis. This will enable the money to develop into its part as a store of significant worth when contrasted with the present hypothesis buildup in real Tokens.
Entry Token will permit streamlining the working of the whole Entry stage and will help keeping up liquidity in Entry stage.
As the use of Entry Token increments for business and exchanges, the Token will be accessible in an ever increasing number of spots. This will parallelly affect the market of the Entry Token. The Entry will likewise observe a long haul utilization because of the business development and system impact occurred.
You can utilize Entry Tokens to pay for any expenses on the platfomr, including however not restricted to: trade charges, pull back expenses, posting expenses, premium administrations or some other charge/benefit when you utilize ENTRY to pay for charges/administrations, you will get a huge markdown.
Entry will construct a completely useful ecosystem where Entry would be utilized as one of the key base resources and primary money in entire business.
Entry later on will dispatch ENTRY2 stable coin. This coin will guarantee of Entry ecosystem and clients development in all conceivable routes as less theoretical coin. More clients and business join Entry ecosystem, more holders for Entry token to get a noteworthy rebates for use.

Problem
Customers are not loyal to any cryptocurrencies as they have no use other than speculation. The real question is, why speculate on a coin which has no inherent use.

Solution
ENTRY is creating an intuitive to use bridge between the old system and the blockchain technology which will revolutionize banking.

Goal
ENTRY has the goal to become the gateway between traditional and new financial paradigms and systems. Spend ENTRY everywhere, everyday, in every possible way. Spending ENTRY in everyday life will be exactly like using fiat money, you will feel no difference

How does entry work

We are licensed money institution in EU with over 100+ team members on a working product. ENTRY is aim to be gateway between traditional and new financial paradigms and systems led by cryptocurrencies and empower the financial ecosystem. Blockchain - based platform acts as a bank by offering easy deposits, payment and lending services, cross-border payments, ATM facility/convenient withdrawals also as a cryptocurrency exchange for the business and consumer world.ENTRY is a blockchain - based platform empowered by smart contracts; it which not only acts as a bank by offering easy deposits, payment and lending services, cross-border payments, ATM facility/convenient withdrawals, but also as a cryptocurrency exchange for the business and consumer world.

Partners

Bancor.Network
The Bancor Protocol provides an on-chain, fully decentralized solution for continuous conversion between tokens through a low-cost, perpetual, algorithmic and adjustable liquidity mechanism. Bancor compliant tokens are called Smart Tokens, and connect to form the Bancor Network for decentralized liquidity.

Credits.com
CREDITS is an open blockchain platform with autonomous smart contracts and the internal cryptocurrency. The platform is designed to create services for blockchain systems using self-executing smart contracts and a public data registry. The platform can execute more than 1,000,000 transactions per second and has an execution speed of 0.01 seconds. Because transaction fees are minimal, high-volume applications are possible in a way that no other available blockchain can match.

Welltrado
Welltrado is an already operating scalable blockchain-based platform that seeks to enable investors to buy and sell loans from thousands of different loan providers globally, invest in peer-to-peer lending funds (P2P) and manage investment portfolios.

More Details About ENTRY.MONEY

ENTRY.MONEY is a fiat and crypto payment gateway for e-stores which can be accessed by simply through the web and smart devices. The system will offer IBAN to each user and create it possible for them to safe block-chain assets in their account. Firstly, the system will just support the EUR money. The main reason for this is that the goals of the system to target EU, which has a wide and untapped industry. Later, the creators will extend and incorporate every major fiat money in the future.
With ENTRY.MONEY, users will be capable to deposit, store, withdraw and move fiat and digital currencies. Traders will be capable to utilize the system for simple conversations, therefore, make sure the sale of their assets. The traders will then get the sales cost in the fiat they request negative the dealer charges. Traders will be capable to deal beyond their national lines with no issues of money differentiation or fluctuation. Traders will be capable to deal in their fiat money of choice where consumers will be able to make a buying in crypto currencies. This system will make sure that traders are paid in EUR. The procedure of discussion and move is then going to offer liquidity to the ENTRY.EXCHANGE.

Token Details

Tokens Sale availability:
Presale: 3–10.May.2018
Start date: 1.Jun.2018
End date: 31.Aug.2018
Token: ENTRY
Price: 1 ENTRY = 0.15 EUR
Platform: ENTRY
Accepting: BTC, ETH, DASH, Fiat
Minimum investment 1 ENTRY
Soft cap: 25,000,000 ENTRY
Hard cap: 325,000,000 ENTRY

Features

Entry.Money. Cryptocurrency and fiat payment gateway for e-shops. Personal and business account (deposit, withdraw, instant transfer cryptocurrency & fiat). Web and Mobile app versions. Debit cards.
Entry.Exchange. Centralized and p2p cryptocurrency exchange and worldwide supported service.
Entry.Cash. Cash machine/ATM system (the WU of cryptocurrencies). Transfer, cash out or top up with cash (using agents or cash machines). Payment gateway for POS (real shops, service providers).
Entry.Bank. All financial services (deposit, insurance, investment, lending, factoring).
Entry.Network. Open source code, wallet, custom blockchain, smart contracts, custom token creation platform.

Conclusion

The ENTRY initial coin offering is well designed, and with the tokens available being low in price is it bound to attract a lot of attention of investors that are drawn towards the concept that is backing it, and that may be something you are also interested in doing too. However, the concept is only going to work and be profitable and in turn will help increase the value of the tokens you will be purchasing, if it is rolled out on time and the team working behind the scenes have the necessary experience.
The best way that you can decide for yourself if any initial coin offering including the ENTRY ICO is going to be worth investing in is by looking over their website and digesting all of the information you will find listed on their white paper, so make sure that is something you do.

RoadMap

website: https://entry.money/
Whitepaper: https://entry.money/ENTRY_Whitepaper_v1.pdf
Onepager: https://entry.money/ENTRY_Onepager.pdf