Topic: [ANN][ICO] 🔵 Pearl Pay - The Better Way ✔️ - page 2. (Read 25005 times)

Pearl Pay project, given the situation in the financial market of the Philippines, is the solution that the Islanders and tourists have been waiting for a long time. In this regard, it is safe to say that the demand for the services of this service will be very high.

I like PEARL PAY  - the goal is clear, it is currently relevant. The plan of its achievement is clearly spelled out. The development team is experienced and reliable.

very interesting, hopefully handled by this strong project team will be strong too, clearly seen, has this project had many investors? what about the development?.

Is there anywhere I can find out how much has been raised so far? And how far is from the hard cap?

as of today we are applying for our licenses

coins.ph and pay maya almost do the same, buy and sell coins, whereas Pearl Pay has our own exchange(Pearl Pay Exchange).

Pearl Pay is a Virtual Money Logistics System™ (VMLS™) which provides a comprehensive “Mobile Payment and Money Transfer Platform as a Service” appropriately designed, of world-class quality, relevant for actual use and beneficial to the financial inclusion target market.

Pearl pay is that like an online wallet? we can make online payments? Do you have an existing product? Thanks for any answer.

Hello....Nice to be here ... this project has good management and a solid team ... keep up the spirit

Strong team! Good vision and product. Very interesting ideas. best of luck team.

This is actually correct. Komodo Platform team is dedicated on developing ad securing their blockchain. This is one of the main reasons why we chose Komodo as our blockchain platform.

This is a good question.

Philippine banking system is very interesting for foreign investors. We have different kinds of banks such as, Rural bank, Co-op Bank, Thrift bank, Universal Bank and Commercial Bank.

Pearl Pay's target market for the white labeling are the Rural Banks. We have full research of the industry and have already presented use cases and business cases to the biggest Rural bank organization which consist of at least 480 bank members (494 is the total number of Rural Banks). The challenge of building their own blockchain is the cost to build one. They don't even need to build a blockchain since its more complicated and wont generate any additional revenue. Most of the Rural banks small and can only accommodate offline deposits, withdrawals, bills payment and loans. The cost to build the infrastructure is around $4m not including the labor and maintenance cost.

the real question is, what is the advantage of Pearl Pay for them?

Pearl Pay created a white-label service for the Rural banks. Its a Mobile Wallet OS that has blockchain technology in it. It will utilize PRLPAY coins as its medium of exchange for remittance and other payments. Pearl Pay has four core products combined into a single integrated system we called VMLS (Virtual Money Logistics System) which provides a comprehensive “Mobile Payment and Money Transfer Platform as a Service” appropriately designed, of world-class quality, relevant for actual use and beneficial to the financial inclusion target market.

The Pearl Pay team intend to give these services to Rural Banks for Free. This will also allow rural banks within the Pearl Pay network to transfer money from domestic to international.

The team will post youtube video reviews.

Again, Komodo Platform is the best blockchain for Pearl Pay's ecosystem long term goals.

Re Advisors, true that most advisors are also advising different ICOs. The team currently have couple of advisors that are not written in the whitepaper. Team only put names that are directly working with the team from day 1 and will be part of the team for long term. You can join our telegram group and see the team there.

whoa a DEX as well. right on! very similar plans to the previous team. but thanks for the reply anyway. i wouldn't expect a team would go for komodo specially a filipino team, this is just for me though. the crypto space is just too small that most of the advisor of every team are also the advisor of some teams. has any of those advisor of your team ever come here and post their involvement to this project? have you guys post a youtube video already? i'm not aware. maybe the video of the team themselves, you guys posted your profiles links, it won't hurt having a live on youtube as well.

Hello bitstibit !

Have a question. Why do you think Filipino Banks will integrate your system instead of existing high-performance blockchains as graphine or eos and so on. What is your main advantages opposite them?

Thank you!
Best wishes!

This was mentioned multiple times. The answer is always, the team think global and act locally. The perspective is always beyond Philippines but first, the team now is focusing on the Philippine market.

Pearl Pay created 4 different products and called it Virtual Money Logistic System or VMLS

1. Pearl Pay Mobile wallet is a white-label product that can enable Rural/Provincial or non-commercial Banks to launch their own virtual prepaid wallet. This will enable them to serve their clients at a higher level. This will also allow their clients to transact online and use e-money to buy goods and services. Users can use this to transfer money, pay bills and other typical online banking services.

2. Pearl Pay Remit is an advocacy of Pearl Pay. It is a service that will allow Oversees Filipino Workers or OFW to send their money to their love ones at the most minimal cost. The major challenge right now is the high cost of remittance in the Philippines which also happens to be the 3rd biggest remittance industry country in the world. With this initiative, Pearl Pay can lower the cost of remittance using blockchain technology.

3. Pearl Pay Exchange is a Decentralized Exchange that will provide liquidity of PRLPAY Coins. This is a vital product of Pearl Pay. This will allow users to use their cryptocurrency to purchase from non-crypto merchants.

4. PRLPAY Coins is the medium of exchange for remittance and other payments. This will also allow the company to launch its own Decentralized ICO using Komodo Platform.

Pearl Pay has an office located in the business district of Metro Manila. There are Private investors, early adopters and meetups happened in the office. People behind the project has a lot to risk in this project. Very known business people across different industries. The team offered a 100% money back guarantee option for Private Sale buyers which ended last month. Also team has 3yr vested which is audited and with legal escrow behind. The team have already employed developers for the project.

For now, The presale funding is allocated for the licenses and development of the product.

Some reasons why Komodo,

First, building in Komodo Platform is cost efficient for the team. Komodo Platform devs work hand in hand with the team. Since Pearl Pay's target market is the rural area, costing is very critical.

Second, team researched and studied all other platforms and Komodo Platform was the top choice because of its roadmap and technology. This was also identified by the China government when it first release its report about blockchain innovation. They named Komodo Platform as 2nd in innovation, next to Bitcoin. Read here: https://news.pearlpay.io/chinas-top-ranked-blockchain-platforms-and-bitcoin/

Third, mass adoption, scalability, security and transaction speed. In order for Pearl Pay to be on top of the Philippine market where internet speed is slow, they need a platform that can outperform the usual. Komodo is now at 40,000 txn/sec.

Fourth, Komodo Platform as we all know is a 3rd generation blockchain. Pioneered the Decentralized Exchange and Decentralized ICO. Also the best in Atomic Swap. Pearl Pay will have its own Decentralized Exchange.

This is actually a long list of reasons why Komodo Platform is the best blockchain for Pearl Pay.

woah filipino dev. no kidding  i'm not sure if another pesobit scam alike will happen sooner. 10M coins spurt out of thin air and then dumped all of a sudden. almost same concept by the way. nothing new but looks like another try. if they could do it again where each token is 0.20USD that's a sweet profit there. so why do they have to use the komodo of all platforms that exist today if i may ask?

No problem with participants.

use this link
https://docs.google.com/forms/d/e/1FAIpQLSebGVZq_3CUdeviD5yQRy-NF0-zjlcvE2NTQdcvTyPD-wvvWg/viewform