PayPro App ICO
PayPro is an upcoming ICO that provides a platform for all financial applications. The platform is based on blockchain technology and supports its own digital tokens PYP as its based currency. PayPro itself doesn’t offer any services or products, rather it serves as a platform where different decentralized financial apps can compete with one another to become the user’s preferred choice.
We are living in an era of information technology where everything needs to be done systematically. In other words, technology has led us to organize and carry out our routines tasks using more reliable centralized systems. For instance, let’s take an example of a conventional bank. Transactions initiated by users are processed after meeting certain requirements including authentication and verification and may take several days to complete. Sometimes users are not allowed to undergo transactions exceeding a certain amount.
PayPro App has worked out a solution to bring a decentralized marketplace where all financial based institutions, be they are banks, exchanges or other relevant entities can provide their users a more reliable, transparent and efficient way to conduct their transactions. Unlike traditional banking system, PayPro is kind of a decentralized bank that provides a marketplace for various decentralized financial apps to offer their services without involving intermediaries to play any role or become an obstacle in processing transactions. Users are free to make transactions without any limits or obstacles using PYP tokens.
How Does PayPro App Work?
Users need to download PayPro app available at Google App Store. After downloading it, users can store their cryptocurrencies in it. With the help of smart contracts, users can buy a new car, rent a home, and offer services etc. without needing to pay to any third party a commission. Users can also rate the app after utilizing its services so other users can also get to know whether the app is worthwhile or not. All transactions are settled in PayPro system using PYP tokens.
Earn PayPro App Tokens
Normally people car earn PayPro App tokens by participating in the launch of the ICO or by subscribing the pre-sale phase of the ICO. However, as per available information, the ICO’s pre-sale has already been concluded and now people who have subscribed the whitelist of the ICO will only be able to buy PayPro App tokens on the ICO launch. This is quite unusual, but this is what we have read on the official website of the ICO.
Buy PayPro App Tokens With E-Wallet
PayPro itself is an e-wallet where you can store all of your cryptocurrencies. It acts both as an e-wallet and marketplace where all transactions are carried out using the ICO’s digital tokens. Users just need to download it on their supported devices. As mentioned above, the supported app of the Paypro is available at Google’s App store.
The ICO Distribution
The ICO plans to take place on January 8th, 2018. It will last for about 25 days. It will end on February 4th, 2018. 40% of the token supply will be available to investors. The starting price is expected to be ETH 0.001481. The ICO has not defined any funding target yet, however, it has established a hard capping of ETH 20,000.
Token Reserve Split (60%):
The ICO will follow a token reserve split in a proportion that is mentioned below;
- 5% tokens are reserved for the Community
- 15% tokens are reserved for current investors,
- 20% tokens are reserved for sustainability of the ICO
- 20% are reserved for founding members, team and prospected employee motivation packages
The ICO also plans to offer some bonuses to investors buying ICO tokens. It will follow a below-mentioned pattern;
- 35% bonus will be offered to those who buy tokens during the first week of the ICO launch.
- 20% bonus will be offered to investors who buy ICO tokens in the second week of the ICO launch.
- 15% bonus will be provided to the buyers purchasing ICO tokens in the third week after the ICO is kicked off.
- 10% bonus will be offered to all those investors who buy ICO tokens after January 22nd, 2018 till the closing of the ICO.
Please note that the ICO will be issuing tokens to only those investors who wish to invest at least 0.5 ETH.
- Pablo Ruiz is the CEO of the ICO
- Gabriel Llambias is the CFO at PayPro
- Enric Giribet is the CTO at PayPro
- Roger Baiget is a Junior Developer at PayPro
Invest In PayPro App Tokens
Paypro is going to be the world’s leading platform that is based on an innovative concept of bringing users a decentralized marketplace where they can use the services of their favorite financial apps using the ICO’s digital tokens. They don’t need to go out of the PayPro app to make transactions in cryptocurrency, rather, PayPro tokens can work for the same. We suggest people should invest in PayPro App Tokens with full confidence. We believe people won’t regret their decision ever.