ICO Opportunity: PayPro to launch the 1st truly decentralized marketplace
We are thrilled to announce the launch of our ICO, that will help us to develop the first truly decentralized marketplace for financial dApps. The pre-sale starts on December 15th at a 35% bonus.
Welcome to the first decentralized bank
We strongly believe that decentralization is going to change the entire ecosystem, ranging from how property is represented to how countries issue national IDs. This is going to happen thanks to the rise of dApps, which are currently offering amazing services as shown on https://www.stateofthedapps.com/. All these dApps are facing user experience issues if they want to be brought to the mass-market; for instance, the usage of smart contracts is complex, storing tokens also require skilled users and even finding these dApps can be argued to be complex. dApps are not ready for the mass-market.
For that reason, we are building a marketplace with a dual functionality; on the one hand, we are building a wallet where users can store any form of token. This wallet is meant to store the financial crypto-balance of an individual, so our user could store on it a token representing the property over his flat, a loan or his life insurance. On the other hand, we are going to develop a marketplace where other dApps will can offer their financial services to our users.
This marketplace is going to be developed in open-source code and is going to be fully decentralized.
YouTube: https://www.youtube.com/watch?v=1IQCPl9IasY
Our token
PayPro Token (PYP) will be the flagship currency in our ecosystem, facilitating transactions within the marketplace. The main purpose of PYPs is that they will be used for paying any service within the marketplace; all services offered in the marketplace and all transaction fees will be charged in PYPs. Due to the increasing number of currencies that are going to be supported by the application, we have to decide which one is going to be accepted in order to charge all fees and for the marketplace to be simplified.
Whereas is true that ETH could be a good candidate, we are reluctant about relying on it due to the fact that we do not share that Ethereum is the final winner for Smart Contracts. Other ventures as Neo (AntShares) offer also attractive opportunities that are very likely to success in the mid-term.
For this reason, we have to issue our own token which will be used as the benchmark for all other currencies offered in the application. As said, PayPro Tokens will be the only currency enabled to pay fees.
Nevertheless, we acknowledge the fact that making obligatory for our users to be constantly buying PayPro tokens might diminish the user experience. for this reason, we will take advantage of the development of our gateway to allow the exchange from user' existing-funds to PayPro tokens automatically every time the users need to pay fees.
Issuing our own Token will allow investors from all over the globe to join PayPro. These investors will have early access to PayPro’s Token at its creation. As the number of tokens will be limited, we expect the price to raise as long as the demand increases. Though, in the future our Token will be traded on all major exchanges as BTC or ETH are today. We expect our Token to become widely used even outside our application as the community grows.
As a private entity, PayPro will not have any kind of property or similar on the marketplace – actually PayPro will have a MIT open-source software license. Our only interest is to make it grow and used by the community.
Nevertheless, we will be holding a number of tokens after the ICO. We will use these tokens to finance our organization and keep creating value for our community, including its users, our investors, developers and all forms of stakeholders.
Team
The founders team has been working together for the last 3 years, so we already a solid team. It is made of 3 founders who cover Blockchain, technology and strategy.
- Pablo Ruiz, CEO: https://www.linkedin.com/in/ruizferrer
- Gabriel Llambias, CFO: https://www.linkedin.com/in/gllambias/
- Enric Giribet, CTO: https://www.linkedin.com/in/enric-giribet-us%C3%B3-a0159b31/[/li][/list]
Advisors
- Qijiong Jiang, Ethereum Advisor: https://www.linkedin.com/in/qijiong-jiang-09934066/
- Wayra Telefónica, Investor: www.telefonica.com
- Maximilian von Sethe, Strategic Advisor: https://www.linkedin.com/in/92a05432/
- David Murray, Blockchain Advisor: https://www.linkedin.com/in/davidcmurray/
- Franc Carreras, Marketing Advisor: https://www.linkedin.com/in/franccarreras/
- Lluis Font, Growth Advisor: https://www.linkedin.com/in/luisfont/
Contact
- Website: www.payproapp.com
- Telegram: @payproico (join on: https://t.me/payproico)
- Twitter: @thepaypro (direct link: https://twitter.com/thepaypro)
- Facebook: /thepaypro (direct link: https://www.facebook.com/thepaypro)
- Reddit: https://redd.it/74m8py
- Medium: https://medium.com/tag/paypro
- Email: [email protected]
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