PayPro - A marketplace. A wallet.

Februar 23, 2018

PayPro - A marketplace. A wallet.

What's PayPro?
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.

PAYPRO HISTORY
PayPro was born in 2015 as a web tool for creating payments in 25 currencies saving up to 90th on hidden bank fees. We have a tendency to get regulated by the money Conduct Authority, raised 2 funding rounds of €750,000 in total and spent a bit bit quite a year within the market. We have a tendency to managed to method € 500,000 per month, that isn't dangerous the least bit compared to the first beginnings of Kantox or Transferwise, as an example.
From that have, we have a tendency to shortly learn that the payments / industry was entirely out-of-date. Thus, we have a tendency to shortly accomplished that we have a tendency to had to form a discovery if we have a tendency to wished provide a really tumultuous worth proposition if we have a tendency to wantedto amendment the business. This can be why we have a tendency to begin to hear the market, speak with industry’s specialists and do plenty of check and fail. And this can be however we have a tendency to created PayPro: the primary suburbanised bank designed.

INTRODUCING PAYPRO

When Bitcoin emerged as another to the present pyramid-shape payment network, it astonied everyone among the business by promising a replacement decentralized payment network. It had been referred to as the second net revolution. However, Blockchain was still obtaining discovered.

PayPro may be a decentralized bank created for coping with a replacement eco-system wherever price is delineate in new forms due to sensible Contracts. Thus, PayPro may be a decentralized financial-marketplace wherever any dApp will post its services. We have a tendency to be developing a pocketbook wherever users are going to be ready to store crypto-currencies and any ERC-20 token.
After we've got designed http://www.payproapp.com/, a user are going to be capable of storing ETH, BTC or GAS, for example, and use the marketplace for finance during a crowdfunding platform, for example. Likewise, the shares received from that investment within the kind of tokens, are going to be conjointly hold on at PayPro. As a results of that, all the crypto-assets and liabilities of a private are going to be delineate in PayPro.

PayPro Products.
Wallet: The first stage of development after closing the Token Sale will consist of integrating Ethereal to build a Wallet. This wallet will be able to store all major crypto currency and all tokens purchased in our market. Marketplace: Once the wallet is built, we will start working on a marketplace where decentralized financial applications will easily deliver their services to the portfolio. Users will rate and review services to create supplier ratings.
Wallet is very important to be the product of choice in completion With the PayPro wallet service, users will be able to store more than 100 types of crypto in one wallet, including PayPro Token HoldersToken PayPro will be facilitated with other crypto rewards in the easiest way. The wallet being developed, now can be downloaded in the App Store but, this new basic concept only and the new one can save. BTC. For further significant developments will be made after the ICO period is completed. That's about Q1 in 2018.

PayPro Token and Token Sale.
PayPro Token or PYP will be the main currency on PayPro platform that can be used to transact on the market. All services available on the PayPro platform will be easy to buy or use using a PYP Token. To get this token, you can contribute or purchase a PYP token at Token Sale event.
The PYP token will be available for purchase at the Pre Sale event on January 8, 2018 - January 15, 2018 where the minimum purchase is 15 ETH with bonuses offered up to 35%. While the Main Sale event will be held on January 15, 2018-30, January 2018. Minimal investment at the time of Main Sales is 0.5 ETH. The normal price for this token purchase is 500 PYP / 1 ETH. The bonus system will be applied to investors who bought on the first day, will get 20% bonus, while 15% bonus will be given to investor who bought token in the first week, then the second week will apply 10% bonus. The accepted payment type is Ethereal (ETH). All countries can contribute except Singapore, the United States and Estonia, due to applicable regulations. For more info visit payproapp.

Token Sales Structure.

The mark can begin on Nov 22, 2017 at 21:00 time and can be completed by Dec 22 at 21:00 time or once the target worth reaches 20,000 ETIS.
Pre-sale proof. The amount of tokens are oversubscribed one week before the discharge date. This era are referred to as the amount of “presale”. Taking part within the pre-sale sale, investors can relish special discounts, which can be extra tokens at http://www.payproapp.com/. Conditions for pre-sale:

By invite only; If you wish to be invited, contact one in every of our team members.
Adherence of a minimum of 15 ETH for qualification
The first 600 investors can receive 35th of the bonus.

Meet PayPro's first decentralized bank.
Long story short, PayPro is the first truly decentralized bank. Does that sound weird? Actually yes, it is. The reason is that we are currently undergoing the beginning of a revolution that will change everything, and we can not even predict what will happen.

Purse.
First things first, we build Ethereal-based purses where users can store crypto-currency or tokens that represent in the form of any asset. This step is the key to completing a solid application where users find the value to store their crypto assets in a simple and smart way.
Just like any traditional bank account someone expects, we will allow users to post and spend their crypto money. Smart Contracts-based Marketplace.
After that, we will build the market using Smart Contracts.
Let's discuss this. When Blockchain came out in 2009, we all thought that it would change the entire Payment Network.
It was a change. But that's not what we want to discuss in this article. Major changes occur in Ethereum, a Blockchain-based technology that makes it possible to create Intelligent Contracts, among other decentralized autonomous entities. Smart Contracts provides faster, more transparent, reliable and no-cost transactions.

Standard ERC20 is employed for all tokens created in Ethereal. 20 000 ETH are placed, and 400th of the complete PayPro marker are discharged on initial sale. Good contracts are established in such how that PayPro Token deliveries will occur mechanically like a shot once receiving ETH. The aim of the token is as follows:

5-hitter are distributed to the community from time to time reciprocally for R & D and generosity.
V-day is allotted to the initial investors and supporters and future partnerships.
200th reserved for this and most vital team, the future group psychological feature package.
A 200th final are conducted by PayPro below the supervising of the community, to achieve future property through the distribution of network revenues. The delivery of the PayPro (PYP) token from good Contract can occur as shortly because the ETH is distributed.