Topic: [ANN][PRE-ICO] PayVX (PVX) - Leading Escrow Crypto Currency (Read 1126 times)

This is a unique escrow service that promises secure and fast payments based on the cryptocurrency framework. With the base of a blockchain technology the parties who are involved in such transactions would be able to engage in a secure framework. The transactions that would take place with crypto currencies would lead to a trust-based relationship between the different parties

https://icoshrimp.com/new-possibilities-in-crypto-currency-transactions-as-offered-by-tihosay/

It can be an interesting project, they have a great team and a solid project. Luck

Just checking on the website of this project, trying to look for any information about the ICO session of this coin. but the countdown is stopped, does that means the ICO session over already?

Hello,

any news about bounty? i see the spreadsheet has not updated for a long time.

PayVX will be the future of Crypto-Currency Escrow Service, this will create an opportunity for crypto-lovers

to now invest and make transactions without fear. Join PayVX Community.

What is escrow service?
An escrow is a financial arrangement where a third party holds and regulates payment of the   funds   required   for   two   parties   involved   in   a   given   transaction.   It   helps   make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are metas overseen by the escrow company

Yes, they've really worked on it. I hope that this will be useful for us. Team, keep the good work!

The idea of this project is great and that itself means it will have huge potential. There might be people who think it is a scam and would put a stoppage on the initiative of the team behind this. By doing so, this great project may not develop as intended. A lot of ICO became scam even with all the beautiful and impressive whitepaper. Even with very 'realistic' and 'well-known' team members. Some ICOs with whitepaper built with such professionalism, only tends to please but would later not continue the project. PayVX might not have the most complete and impressive whitepaper with all the 'technicalities' and team (which I believe some of them wants to keep their privacy), but I do believe that what matters most is the commitment of the people behind it.

It may encounter struggles to prove its worth but a small team with big dreams could work and reach its goals with supporters and contributors that believe in its commitment, effort, and vision.


P.S.

PayVX Blog is https://medium.com/@payvx.io and it is not gibberish.

PAYVX IS A SCAM

PayVX - anatomy of a typical scam coin )


PayVX is a typical example of a scam coin. It says it will revolutionize escrow payments, where a third party holds and regulates payments for two parties engaged in a transaction. It purports to eliminate scams and frauds, while being a scam and a fraud itself. It seems to have been created by an "Idan Golomb" in early January 2018 after he watched a few videos by Trevon James and one called "How to build your own Cryptocurrency". The whitepaper is badly written, there are no technical details, and the team is composed of people who don't seem to exist, including a picture of some woman with a parrot on her shoulder, supposedly meant to be of "Jennifer Burrows" , marketing manager.

Reasons why it is a scam:

(1) No technical details in the whitepaper

The website states:

"What is PayVX? PayVX is the world’s simplest, fastest and most secure payment technology. "

Yet when you read the whitepaper there are no technical details whatsoever.

(2) Whitepaper is plagiarized

Parts of the whitepaper are also plagiarized, for example:

PayVX whitepaper:

"An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company. "

This is taken from the website of an entirely unrelated bank, without acknowledgment:

Axioscreditbank.com:

"An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company."

(3) Sloppily written whitepaper, no evidence of any genuine academic background by the author.

"Hileman & Michel Rauchs emphasize that the biggest challenges faced by current cryptocurrency exchanges are maintaining relationships with payment gateways, banks, and traditional financial institutions. Based on an analysis of non-public data from over 150 companies in the cryptocurrency space, their study notes, “Small exchanges seem to have considerable difficulties with either obtaining or maintaining banking relationships…”

Who are Hileman & Michel Rauchs? What are they quoting from? There is no information in the whitepaper. Here the whitepaper actually quotes from a University of Cambridge study from 2017 titled "Global Cryptocurrency Benchmarking Study", by Dr Garrick Hileman and Michael Rauchs. However they do not provide a reference either in a footnote or an endnote giving the title of the work or what page the quote is from. This is sloppy and amateurish and characteristic of a scam ICO.

(4) "Team" that is entirely fictional

Then there is the team. No details are given on the website about the "Teams" educational, business, computer, or any other real life background. There is no information to be found online anywhere about these people. They don't exist.

Tom Nilsson, CEO, founder of ICO: No information found anywhere, does not exist.

Noah Brady, lead developer: No information found, does not exist.

Elof Sandstrom, Senior blockchain developer: No information found, does not exist. It's just some random old photo of a guy leaning over a cliff at the sea.

Jennifer Burrows, marketing manager: No information available does not exist. It's just some random picture of a woman with a parrot on her shoulder. Is she a pirate?

(5) Blog that is full of meaningless words

When you go to the website and click on the link to the Payvx "Blog" you get an apparently dead site full of meaningless words, such as:

"Latest News The mate was a mighty sailing man the skipper brave and sure five passengers set sail that day for a three hour tour a three hour tour being thank you for a friend up through the ground came a bubbling crude oil."

What the hell does that mean? It's gibberish.

And also:

"Michael knight a young loner on a crusade to champion cause A poor mountaineer fed the abroad You would see the biggest gift would be from me and the card attached would say thank you for being a friend..."

More meaningless rubbish. Would a real ICO have a blog full of meaningless nonsense?

(6) Evidence that one of the people connected with PayVX has no knowledge of how to create a cryptocurrency or a token

I inspected the metadata of the whitepaper PDF. I found the name "Idan Golomb" as the author. The whitepaper was created on 9 March 2018 using microsoft word 2016. Who is "Idan Golomb"? First of all, there is no mention of an "Idan Golomb" as being part of the Payvx team on the website, the twitter or anywhere else. I couldn't find anyone anywhere with that name who had any computer background. However, I found a "Idan Golomb" youtube account who has subscribed to various cryptocurrency channels including "Doug Polk Crypto", and "Trevon James" who was famous for being involved in the Bitconnect scam. The same guy commented on a video by the "Cryptocoop" channel on the PLfilm.net website called "How to build your own cryptocurrency." "Idan Golomb" commented under the video:

"I can't seem to verify and publish my solidity source code".

Is this "Idan Golomb" the same "Idan Golomb" who wrote the Payvx whitepaper?

Did "Idan Golomb", who is interested in cryptocurrencies and the bitconnect scam, create his own cryptocurrency scam?

Currently PayVX is doing a Pre-Sale with it's tokens priced at $0.04. Even at $0.00, I think they would be overpriced.

To conclude, PayVX is a complete scam for the following reasons:

(1) The "Team" does not exist, no information can be found on them anywhere.

(2) The only person we found connected to PayVX, "Idan Golomb", the author of the whitepaper, doesn't seem to know anything about cryptocurrencies.

(3) The whitepaper is plagerized, badly written, and contains no technical details whatsoever.

Conclusion:

PayVX is a scam. Do not invest in this, you will lose all your money.

PS: A shout out to Jennifer Burrows, whoever you are. Also, how is your parrot?

Many bonuses offered in the pre-sale and I hope many investors who are interested to join in this project. Hopefully, be achieved the expected targets in the pre-sale of this.

Keep supporting! Thanks!

a good goal, Creating guarantees between contractors in all spheres, Ensuring mutually beneficial relationships between all the participants on the platform. Good luck this project

Thank you!

Presale is now open!

As Crypto-Currency Transactions Are Irreversible, Dealing With Untrusted Parties Constitutes Serious Degree Of Risk For Both Buyers And Sellers. PayVX Effectively Secures This Process, Ensuring Confidence And Trust For Processing Those Operations. Great project. Good luck!

I am very interested by the concept brought inside this project, let alone this project has a good team, certainly would be good for the progress of the project.
good luck.

!

Hey there,

I have just been noticed about airdrop so I wanted to understand what this project aims and went through their website. I wonder why there was no information about the team on website. Anybody here have a clue?

Project does not seem legit when I read WP.

Please be aware and do your own research.

Kind regards,

Currently, there is not enough confidence in the crypto-currency world, I hope such projects will improve our life.

A lot of people needs it. Just that, there are a lot who are not exposed to such yet. It has a huge market that needs to be tapped.

Escrow is very useful to make sure that every transaction goes well but I doubt if there are enough people that needs this kind of services. I would love to see the future improvement of this project.

Please check the Bounty thread... The link to the spreadsheet is posted in every campaign

the project that brought a very nice concept, has benefits that give you an advantage for all, by providing service that is simple yet so fast.
I'm sure a lot of people who will support the development of this project.
Hopefully the project can succeed.

this project is interesting I also see the team that is inside is also solid hoping for the future of this project will get a lot of support and investors who join so this project will be more developed. success is always this project.

When shall the bounty  spteadsheet be available. I cannot find them on the web or at bitcointalk space. Thank you

Great decentralised payment system for cryptocurrency transaction without third party involvement.

Thank you for your positive feedback. We are looking forward to that as well. May you support the project and spread the word amongst your friends.

Good project! I wish that he would develop further! I hope for mutually beneficial relations and success in business!

     
 COOL payvx

FOR BOUNTY CAMPAIGN AND AIRDROP - CHECK https://bitcointalk.org/index.php?topic=3108577.new#new

CHECK TWITTER FOR UPDATES! https://twitter.com/payvxofficial

PayVX Airdrop Round 1 will commence in few hours (as of writing)...

Our project will be much larger than the aforementioned project/s. We have studied previous escrow based projects and their ideas and concepts and have developed a much larger plan. Further details will be provided in the near future. Our goal is to make PayVX the largest and most successful escrow system available by taking advantage of a large section of the market that has been split into many small projects and combining these ideas and concepts to make a large all in one concept that solves many of today's problems in regards to blockchain payment technology and escrow services. We are extremely confident in our project and have no doubts that we will succeed and effectively separate ourselves from the rest. We greatly appreciate your support and thank you for joining and welcome to payVX.

Hi,
This project is coming out too late.

See this one, same project but yet released :
Website OK : http://www.escrow-coin.com/
Coin OK : https://wallet.crypto-bridge.org/market/BRIDGE.ESCO_BRIDGE.BTC
Decentralized exchange OK (beta version) : http://dev.wallet.escodex.com/
Escrow plateform in progress : https://cdn.discordapp.com/attachments/404399743947505676/415311892941111326/Esco_platform_WIP_1.pdf

We are optimistic about the project and we are looking forward to all the support that we can get from people who understand the importance of such ecosystem. We are hoping that you could be part of this. Thank you!

The dev team will definitely work on it and more information will be shared as the project goes on.

The market needs projects that will provide this kind of confidence.

how do you eliminate the fake reviews? im curious how you will tackle that. that's a lot of effort and researching to do. Let me know how that goes!

For all non-English readers/followers. Please check our other language ANN, Bounty, Whitepaper.
https://bitcointalksearch.org/topic/m.32111623

Looking forward to your support! Thank you!

I give good support on this project because of all its details look promising. if the team in this the project really serious develop it I am sure the goals and targets in want will be achieved. let's see the progress of this project next.
hope success for your project dev, regards from me : brokens 

PayVX Italian translation. Please have a look.


ANN: https://bitcointalksearch.org/topic/annpre-icobounty-payvx-pvx-leading-escrow-crypto-currency-3109630
BOUNTY: https://bitcointalksearch.org/topic/payvxio-bounty-pre-ico-coming-soon-leading-escrow-crypto-currency-3117030
WP:  https://drive.google.com/file/d/1ZqyIXqshcD-fxigkOR_I4FaWN_85Fuh1/view?usp=sharing

How can we help?

please post in Bounty Thread

yes its a good goal, and we hope that this project will achieve its objective and this project is very innovative, I am sure many would like to join.

Greetings to developers! I am following your project and very interested in it. I want to invest in your project. Could you fill the form in my signature and my representative will contact you to discuss conditions of my investing after that.

Bounty tokens will be distributed after ICO. Please see bounty thread for more info.

With Ethereum technology and Fintech, it is not hard to secure transaction I believe. But let us leave it to the devs team. Kindly join our telegram channel should you wish to know more about technical stuff as there are better people who could answer it.

Your bounty program is 40000000. I'd like to know that your bounty is pre - sale award or bounty campaign for BTT? such as signature campaign,twitter campaign etc..
In addition, you call yourself a trusted third-party, how do you guarantee the security of the transaction, I don't think there is a completely safe third-party.

Appreciated the interest. We are looking forward to your support.

Reserved spanish translation for ANN+Bounty (if you have it) . Please confirm if you need it with a pm thanks. These are my previous works:
https://docs.google.com/spreadsheets/d/17GVSXk2YKqn5fCOnmW3DIynjKYhNq6g_jNMCeCEwvkI/edit?usp=sharing

this project want to build simplest, fastest and most secure payment technology. bounty and referrals allocation token is good enough, very interesting the bounty hunters, ICO information is clear in website, this is good project, i will join soon, good luck guys

First of all,

Message sent

We are hoping for your support in any way possible. Thank you for the positive feedback!

a good goal, Creating guarantees between contractors in all spheres, Ensuring mutually beneficial relationships between all the participants on the platform. Good luck this project

What is PayVX?

PayVX Is The World’s Simplest, Fastest And Most Secure Payment Technology. The Provided Crypto-Currency Escrow Service Builds A Secure Bridge And Creates A Trust Relationship Between Both Parties For Online Business Transactions.

As Crypto-Currency Transactions Are Irreversible, Dealing With Untrusted Parties Constitutes Serious Degree Of Risk For Both Buyers And Sellers. PayVX Effectively Secures This Process, Ensuring Confidence And Trust For Processing Those Operations.




What is escrow service?

An escrow is a financial arrangement where a third party holds and regulates the payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company.

Escrows are very useful in the case of a transaction where a large amount money is involved and a certain number of obligations need to be fulfilled before a payment is released like in the case of a website being built where the buyer might want confirmation of the quality of work being done before making a full payment, and the seller doesn’t want to extend a
massive amount of work without any assurance that he or she will receive payment. While traditional escrow service is quite difficult and must be obtained through banks and
lawyers, PayVX provides online escrow services at affordable rates. While the payment is 'In Escrow' the transaction can be safely carried out without risk of
losing money or merchandise due to fraud. This eliminates all legal jargon and allows for secure transactions and confident buyers and sellers.




How does Escrow Work?

PayVX reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses funds when both Buyers and Sellers are satisfied.

     1. Buyer and Seller agree to terms - Either the Buyer or Seller begins a transaction. After registering at PayVX, all parties agree to the terms of the transaction.

     2. Buyer pays PayVX (escrow) - The Buyer submits a payment by approved payment method to our secure Escrow Account, Escrow.com verifies the payment, the Seller is notified that funds have been secured 'In Escrow'.

     3. Seller ships/deliver merchandise or service (website for example) to Buyer - Upon payment verification, the Seller is authorized to send the merchandise or service and submit tracking information. PayVX verifies that the Buyer receives the merchandise.

     4. Buyer accepts merchandise - The Buyer has a set number of days to inspect the merchandise or service and the option to accept or reject it. The Buyer accepts the merchandise or service.

     5. PayVX (escrow) pays the Seller - PayVX releases funds to the Seller from the Escrow Account.





Potential Market Share

     ▪ Nodes and masternodes*
     ▪ Cryptocurrency to fiat exchange service
     ▪ Domains and websites
     ▪ Freelance and online services
     ▪ Social networks
     ▪ Online games
     ▪ Escrow service for physical goods

* using a smart contract while trading without human interaction





PayVX Platform

     ▪ Decentralized escrow platform for making cryptocurrency transactions between two parties. It is ensured with PAYVX tokens (PVX) based on Ethereum blockchain.
     ▪ Low fees are charged for ensuring that the transaction is safe and private.
     ▪ Saves time when making a transaction, no third parties or bureaucracy.





Goals

     1) Creating guarantees between contractors in all spheres.
     2) Ensuring mutually beneficial relationships between all the participants on the platform.
     3) Creating an independent system without developer interference.
     4) Raising the social interest in cryptocurrencies.





Problems Which the Platform Solves

     ▪ Identity Theft Elimination
     ▪ Eliminating lack of trust between contractors.
     ▪ Regulating trade conflicts with the help of an escrow service.
     ▪ Decreasing the fees on the escrow market.
     ▪ Eliminating fraud and swindling parties.
     ▪ No Suspension of User Accounts without acceptance of The Member Tribunal.
     ▪ Fair Dispute Settlements.
     ▪ 20 + Crypto currencies Accepted.
     ▪ Elimination of Fake Reviews





Token Distribution

The total amount of tokens is 1,00,000,000! Tokens will be transferred to the contributors after ICO campaign.

     Pre-ICO                                250,000,000
     ICO                                      550,000,000
     Reserved for PayVX team*     100,000,000
     Bounty Program                      40,000,000
     Bonuses                                 60,000,000

*Frozen for 12 months





Presale, ICO & Token Information

     Symbol:                            PVX
     Pre-ICO:                           3/20/2018 – 4/20/2018
     ICO:                                 5/01/2018 – 7/04/2018
     PVX Token Supply:            1,000,000,000
     Tokens for crowdfunding:   800,000,000 (80%)
     Presale Hard Cap:              $11,000,000
     ICO Hard Cap:                   $25,000,000
     Participation:                     BTC / ETH / LTC
     Token Standard:                ERC-20
     Decimals:                          18 Digits
     Unsold Tokens:                  Will be Burned