PayPro — Launches The 1ST Truly Decentralized Marketplace

What is PayPro ?

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.

History PayPro

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. From that experience, we soon learned that the payments / banking industry was totally outdated. Thus, we soon realized that we had to make a step forward if we wanted offer a truly disruptive value proposition if we wanted to change the industry. This is why we started to listen to the market, talk with industry’s experts and do a lot of test and fail. And this is how we created PayPro: the first decentralized bank built.

The Product

We understand that the core functionality of PayPro has to be its capacity to store currency-value and spend it. Otherwise there is no point of storing value if it can not be used. For that reason, we have built the banking platform first.

Wallet

PayPro will accept most forms of cryptocurrencies. Using Ethereum will allow users to store at least the 100 most used currencies by transaction volume per day. Of course, PayPro Token will be our main currency and will be easily exchanged with any other currency.

So far, we have developed an iOS app that allows to store BTC, but this is just a proof of concept made for user experience purposes. You can download it on the AppStore here: https://itunes.apple.com/us/app/paypro/id1225181484?l=ca&ls=1&mt=8

How PayPro Works ?

=> Review

Please, review our white paper and understand the terms of investment. Do not hesitate to contact us if you have any queries.

=> Whitelist

In order to be able to join our ICO, it is mandatory for us that you fill our know-your-customer form.

=> Agreement

Send your ETH from your MyEtherWallet, not an exchange. Once the campaign is closed, we will send you your tokens.

=> Future

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, we believe that banking is also going to be decentralized.

As a result, if our marketplace manages to gather a universal crypto-wallet and a financial marketplace in the same place, we 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.

OUR FUTURE

On the one hand, 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. In our perspective, 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.

Market place (Not available until July 2019)

On the one hand, users will be capable of using their PayPro Tokens, also known as PYPs, for buying any service in the marketplace. These services will range from loans or credits to investments. Once the user will have spent its PYPs, a token will be received and stored on the application as a result of using a Smart Contract. For instance, if a user wants to invest in a crowdfunding platform, he can browse for crowdfunding platforms, select a campaign, pay in PYPs and store the token received in exchange on PayPro.

On the other hand, suppliers can submit their services to the marketplace. By using smart contracts, we 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 we can avoid centralization and thus guarantee that services are client-focused and not the otherwise.

Name Pay : Pro 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

ICO

We are running this ICO in order to raise the necessary funds to kick it off. We are looking forward to starting working with you on this amazing project.

Token Sale Period

The token sale will start on November 22th, 2017 at 21:00h GMT and will finish on December 22th at 21:00h GMT or whenever the target value of 20,000 ETH is reached.

Exchange rates and limits
PayPro token will be sold at 500 PYPs to 1 ETH. Minimum investment is set at 0.5 ETH.
No other crypto-currencies are accepted.

Token pre-sale

A number of tokens will be sold one week before the Launch Date. This period will be named as the “Pre-sale” period. By participating in the pre-sale, investors will enjoy special discounts, which can be either additional tokens.