What is PayPro ?

PayPro is a financial marketplace where any Decentralized Application (dApp) will be able to offer its services. Thus, dApps will be competing among them to become your supplier, not the other way around as with banks.

In order to accomplish this goal, we are building first a universal wallet that will be capable to store most popular crypto-currencies and any ERC-20 token. As soon as we have released the wallet, we will build the marketplace.

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PayPro’s Concept

PayPro’s marketplace will be built as a decentralized autonomous organization, also known as DAO. According to David Johnston on “The General Theory of Decentralized Applications, DApps”, a Decentralized Application (dApp) must meet some criteria in order to be considered as such:

  •  The application must be developed open-source, it has to operate autonomously and the majority of tokens can’t be controlled by a single entity. It should be noted that, proposed improvements and market feedback may be adapted in the protocol.

 

  • In order to access the application and to reward any contribution of value from miners or contributors, a cryptographic token is necessary.

 

  • Tokens must be generated as proof of the value generated to the application.

 

  • A decentralized Blockchain must be used to store data and records of operation in order to avoid any central point of failure.

 

However, their application has two features that makes it different from a dApp and thus must be established as a DAO; PayPro’s marketplace has both internal capital and will also take decisions on its own. Both concepts will be further explained and expanded on within the section on Token Economics.

 

The PayPro platform has yet to be built. Nevertheless, all the code will be open source and they expect the community to assist with its development.

The ICO will provide the funding to enable us to build the PayPro Platform.

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Product

Wallet: PayPro will accept most forms of crypto-currencies. Using Ethereum Protocol will allow users to store at least the most popular currencies. PayPro Token will be their main currency and will be easily exchanged with any other currency.

So far, they have developed an iOS app that allows the user to store BTC, but this is just a proof of concept made for user experience purposes.

PayPro wallet

PayPro wallet

Marketplace: PayPro will accept most forms of crypto-currencies. Using Ethereum Protocol will allow users to store at least the most popular currencies. PayPro Token will be our main currency and will be easily exchanged with any other currency.

So far, they have developed an iOS app that allows the user to store BTC, but this is just a proof of concept made for user experience purposes.

The prospective launch date is July 2018

PayPro marketplace

PayPro marketplace

Team

PayPro team

PayPro team

ICO Details

Name:                           PayPro Token

Symbol:                         PIP

Pre-sale period:           January 8th to January 15th, 2018

Pre-sale terms:            Min investment of 2 ETH

Pre-sale bonus:           Bonus of up to 35%

Main Sale period:        January 15th to February 04th, 2018

Main sale terms:          Min investment of 0.5 ETH

Main sale bonus:         1st 24 hours 20%

                                     1st week 15%

                                     2nd week 10%

Exchange rate:            1 ETH: 2,000 PIP

Limits:                          5,000 ETH (Hard Cap)

Accepted currencies:   ETH only

Token holder benefits: Economic rights.

 

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Milestones

November 2017 | Proof of concept release: an iOS app capable of

holding and spending BTC is released into the market.

 

February 2017 | Project Management: we will spend 1 – 2 months on

planning the development.

 

March 2018 | Kick-off: all the necessary hires and collaborations will

have been done and the development will start.

 

May 2018 |Ethereum integration: Ethereum wallet integrated so

users can store all major tokens in our wallet.

 

July 2018 | Marketplace Launch: we will launch a dApp Marketplace

where all suppliers will be capable to integrate and offer their services.

 

Visit ICO Website

 

 

 

 


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