PAYPRO : The First Decentralized Bank Built

Have you ever heard the term PayPro?

In 2015 a new innovation was born named PAYPRO, this is an online tool for making payments in 25 currencies saving up to 90% on hidden bank fees. Paypro 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. Paypro managed to process € 500,000 per month, which is not bad at all compared to the early beginnings of Kantox or Transferwise, for instance. From that experience, soon Paypro learned that the payments / banking industry was totally outdated. Thus, Paypro soon realized that Paypro had to make a step forward if wanted offer a truly disruptive value proposition and if wanted to change the industry. This is why Paypro started to listen to the market, talk with industry’s experts and do a lot of test and fail. And this is how created PayPro: the first decentralized bank built.

So, In a future where Smart Contracts will be used for many of our daily activities, such as using decentralized computer power, trading or insuring a car, Paypro believe that banking is also going to be decentralized. And traditional banking services are being decentralized thanks to many initiatives coming from all over the world and being built over the Ethereum protocol — some of them can be tracked here: https://www.stateofthedapps.com.

All these applications need to be offered through a common platform same as Android applications are offered in Google Play, as otherwise the user experience diminishes. And users are going to need new forms of storing value due to the raise of smart contracts. All tokens coming from smart contracts and currencies need to be stored at the same place and hence, a new form of wallets need to be created. These wallets are meant to represent all the crypto-assets and liabilities of an individual.

As a result, if Paypro marketplace manages to gather a universal crypto-wallet and a financial marketplace in the same place, Paypro will have created the first decentralized bank-alike application where users will be capable of storing and managing all their crypto assets, ranging from storing currencies, loans or investments.

WHAT IS PAYPRO?

PayPro is a blockchain based technology for decentralized banking, created to deal with a new ecosystem where also our contract system uses intelligent. The platform will be a decentralized financial market where we also prepare an application called Dapp can post services — services. Paypro have also developed Wallet where you can store your crypto currency and token ERC-20, as well as crypto currencies like BTC, ETH, or GAS by using the market to invest in our crowdfounding.

After built the 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.

PAYPRO PLATFORM

The main goal for this project is to provide a platform to help you to save money and spend. In developing this project, Paypro have been providing the features — features that we’re featuring.

1. Wallet

From PayPro wallet you can use to receive most forms — forms crypto currency. Paypro use Ethereum technology that allows you to save at least 100 the currency most used in transactions a day — day. However, the token PYP is the main currency that use in order to be easily exchanged with other currencies.

2. Market

Paypro markets likely to be available in July 2019. In this market, you can use your PYP token to buy an existing service. Such as loans or credit services investments. If you want to use your own PYP, a token will be accepted and stored on the application as a result of smart contract. In addition, suppliers can submit their services to the marketplace. By using smart contracts, Paypro can ensure that all transactions are made in a secure and efficient way. All suppliers will be rated by the users so the best suppliers can be recommended and the worst can be ruled out. By implementing this rating system, Paypro can avoid centralization and thus guarantee that services are client-focused and not the otherwise.

PAYPRO’s TOKEN

In developing this platform, Paypro have set up a token called PayPro token or symbolized by the PYP. Token PYP will be the main currency in Paypro community and allow you to trade in Paypro platform. You as the owner of the token PYP will receive privileges such as: Voting on the technical design, you as the owner of this token can submit technical design new modifications, add or remove new elements of the protocol voting on monetary policy, our platform will set the inflation rate beginning, so your token holders will be able to adjust our token inflation.

TOKEN SALE SUMMARY

Name : PayPro Token
Symbol : PYP
Pre-sale period : January 8th to January 15th, 2017
Pre-sale terms : Min investment of 15 ETH
Pre-sale bonus : Bonus of up to 35%
Main Sale period : January 15th to January 31st

Main sale terms : Min investment of 0.5 ETH
Main sale bonus : 1st 24 hours 20%, 1st week 15% and 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.

Accepted currencies ETH only. Token holder benefits Decision & Economic rights. % of Token sold 40% Nationality Anyone except Singapore, Estonia and the US due to legal restrictions or countries trade sanctioned by the US.

Then what about you? let’s invest in ICO paypro and get various services and benefits from paypro!

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PAYPRO’S TEAM

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