What is PayPro ?

PayPro is a financial marketplace where any Decentralized Application (dApp) can offer its services. Therefore, dApps will compete with them to become your supplier, not the other way around, as banks do.

To achieve this goal, we are first building a universal wallet that will be able to store most popular cryptographic coins and any ERC-20 counters. As soon as we release the wallet, we’ll build the market.

PayPro was born in 2015 as an online tool to make payments on 25 currency savings up to 90% at hidden bank rates. We are governed by the Financial Conduct Authority, raising two general funds of £750,000 and spending just over a year in the market. We successfully process 500,000 € per month, which is not bad compared to the initial start of Kantox or Transferwise.

Problem

The main problem with traditional banks, as shown during the world recession on 2007–08, is that due to the fact that they hold all the information, users can not take objetive decisions. For this reason, it is commonly said that the centre of the relationship with banks is not the client but the bank itself.

Whereas it is true that there is an increasing number of so-called neo-banks, either built on blockchain or over APIs, they still have not managed to avoid the main problem with banks; centralization of services. Any form of centralization will always diminish the services offered as the supplier will always have more information than the market.

Solution

Therefore, we have created a financial marketplace where any dApp can offer its financial services and any user can both use them and rate them. This rating system will be the master piece as it will provide with:

Transparency: every user will be encouraged to rate a dApp after using it. This way the user will contribute to offer a rating so any other user willing to use the dApp will know whether it complies with his expectations or not.

Loyalty: users will be rewarded for rating dApps.

Enhanced competition: suppliers contributing to the marketplace by offering their services can generate a second source of income thanks to our rating system. This way we aim at getting on board the more dApps as possible; the more dApps in the marketplace, the more competition, which will ultimately force suppliers to struggle on the quality of their services.

Improved services: the system is made so ratings go down through time and hence, dApps are forced to keep high ratings at all times.

Route Map

November 2017 | Proof of Concept Version: iOS applications capable of storing and spending BTCs are launched.

December 2017 | Project management: We will spend 1 to 2 months planning the development.

February 2018 | Start: All the necessary contracting and collaboration will take place and construction will begin.

February 2018 Ethereum integration: integrated ethereum wallet for users to store the main tokens in our portfolios.

July 2018 | Market launch: We will launch our own VISA card so that users can spend it on BTC or ETH above USD, EUR or GBP.





Why ICO?





Since we are too confident that PayPro is contrived as a global change, we are counted to believe that it must be understood by the international community for more than one reason.





First of all, as a decentralized app, it is too common for us that the conception must come from society. Although our organization will be the main promoter, we are counting for public assistance in terms of funding.





Secondly, we face major challenges in a number of areas such as technology development, payment networks, strategy, compliance ... and therefore, we need substantial funds to achieve our goals.





Finally, Token PayPro (PYP) is the core of our network. PYP will be the main crypto currency of our network and calculated to be used to overcome our partners and calculated for the content of all services available on the network.





Token

PayPro Token (PYP) will be the leading money in our ecosystem, fostering exchanges within the mall. structures for decision making will be set up by PayPro as the main promoter and group for token holders. we recognize that the obligation for our customers to always buy PayPro tokens can reduce the customer’s encounter. Therefore, we will exploit the advancement of our gateway to allow trading of existing customer assets to PayPro tokens accordingly each time customers have to pay the charges. The issuance of our particular Token will allow financial specialists from all over the world to join PayPro. These financial specialists will have early access to the Token PayPro at its inception. As the number of tokens will be restricted, we anticipate that the cost will increase as the request increases. However, later on our Token will be exchanged in every major operation like BTC or ETH are today, we expect our Token to end up notably used even outside of our application, as the group develops. Name PayPro Token PYP symbol Presale period January 8 to January 15,2017 Prerequisites for sale Minimum investment of 15 ETHs Up to 35% presale bonus bonus Main selling period January 15 to January 31 Main terms of sale Minimum investment of 0.5 ETH Principal Sales Bonus First 24 hours 20 1st week 15 2nd week 10% 2nd week Exchange rate 1 ETH: 500 PYP Limits of 20,000 ETH (Hard Cap) or EUR 5,000,000.00 depending on the exchange rate. Accepted currencies only ETH Token Holder Benefits Decision and Economic Rights. Token % sold 40% off Nationality Any person, except Singapore, Estonia and the United Kingdom. United States due to legal restrictions or countries trade sanctioned by the United States.

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