PAYPRO-first decentralized market with dual functionality.

PayPro was born in 2015 as an online tool for making payments in 25 currencies saving up to 90% on hidden bank fees. We got regulated by the Financial Conduct Authority, raised two funding rounds of €750,000 in total and spent a little bit more than a year in the market. We managed to process € 500,000 per month, which is not bad at all compared to the early beginnings of Kantox or Transferwise, for instance.
PayPro is a decentralized bank made for dealing with a new eco-system where value is represented in new forms thanks to Smart Contracts. Thus, PayPro is a decentralized financial-marketplace where any dApp can post its services. We are also developing a Wallet where users will be able to store crypto-currencies and any ERC-20 token.
After we have built PayPro, a user will be capable of storing ETH, BTC or GAS, for instance, and use the marketplace for investing in a crowdfunding platform, for instance. Likewise, the shares received from that investment in the form of tokens, will be also stored at PayPro. As a result of that, all the crypto-assets and liabilities of an individual will be represented in PayPro.

Desentralized application

PayPro’s marketplace will be built as a decentralized application, also known as dApp. According to David Jonhston, a dApp must meet some criteria in order to be considered as such:
  1. The application must be developed open-source, it has to operate autonomously and the majority of tokens can not be controlled by an entity. Also, proposed improvements and market feedback may be adapted in the protocol.
  2. In order to access the application and to reward any contribution of value from miners or contributors, a cryptographic token is necessary.
  3. Tokens must be generated as proof of the value generated to the application.
  4. A decentralized Blockchain must be used to store data and records of operation in order to avoid any central point of failure.

Token sale sumary

  • Name: paypro token
  • Simbol: PYP
  • Pre sale period: January 8th to January 15th, 2017
  • Pre-sale term: Min invesment of 0,5 ETH
  • Main sale bonus: 1st 24hours 20% , 1st week 15% , 2nd week 10 %
  • Exchange rate :1 ETH = 500 PYP
  • Limits : 20,000 ETH ( Hard cap ) or EUR 5,000,000.00 depending on exchange rate
  • Acceptep currencies : ETH only
  • Token holder benefits : decision & economic richts.
  • % of token sold : 40%
  • Nationality : anyone except singapore, estonia and the us due to legal restrictions or countries trade sanctrioned by the us.
ERC20 standar is used for al tokens created on ethereum. 20,000 ETH will be placed and 40% worth of all paypro tokens will be issued in the initial sale. The smart contracs is set so the delipery of paypro’s tokens can automatically happen right after the ETH are received.
The allocation off tokens will be as follows:
  1. 5% would be distributed out to the community over time as rewards for R&D and bounties
  2. 15% is allocated to early investors & backers and future patnerships
  3. 20% is reserved for the current team and most importantly, the future team member’s motivation packages
  4. The final 20% will be held by paypro, under scrutiny of the community, to reach furure sustainability throuh network revenue distribution.

Roadmap

November 2017 | Proof of concept release: iOS apps capable of holding and spending BTC are released into the market.
December 2017 | Project Management: we will spend 1–2 months to plan development.
February 2018 | Kick-off: all necessary recruitment and collaboration will be undertaken and construction will begin.
February 2018 Ethereum integration: Integrated etereum wallet so users can store all major tokens in our wallets.
July 2018 | Marketplace Launch: we will launch our own VISA Card so that users can spend it on BTC or ETH above USD, EUR, or GBP.

Team

  • 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
If you want to know detail about Paypro, lets check this link bellow:
Website: http://www.payproapp.com/
Whitepaper https://drive.google.com/file/d/1hKog8eUF8Jxhh7kCBNYQTOwOr5RdVMqX/view
Facebook https://www.facebook.com/thepaypro
Twitter https://twitter.com/thepaypro
Medium https://medium.com/tag/paypro/lates

soktavianti030398 (https://bitcointalk.org/index.php?action=profile;u=1855471)

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