PayPro = a truly decentralized financial market

5 min readFeb 8, 2018

When Bitcoin emerges as an alternative to the current pyramid payment network, everyone surprises the industry with the promise of a new decentralized payments network. Mentioned as the second internet revolution, Blockchain Still Found With the rise of Ethereal, we find Blockchain not only can change the current payment network as well as to change the whole eco system. The same Blockchain principles can be applied to proprietary property, digital identity, supply chain, insurance or clinical trials, for example. From my perspective, a new understanding of how Blockchain can be used thanks to Smart Contracts will be the starting point for building a Digital Legal System.

PayPro was born in 2015 as an online tool to make payments in extra money. We are regulated by the Financial Conduct Authority, doubling over a year in the market. We managed to process € 500,000 per month, which is not bad at all with the end of Kantox or Transferwise

What is PayPro..?

PayPro is a decentralized bank created for a new eco-system where the price is represented in a new form thanks to Smart Contracts. We also developed a wallet where users can create crypto-currency and ERC-20 tokens.

After we collect PayPro, clients will be fit to do ETPT, BTC or GAS, for example, and utilize commercial centers to incorporate resources into the crowdfunding stage, for example. In addition, offers earned from interest in these token types will also be removed in PayPro. Therefore, all individual crypto and liability sources will be invited to talk on PayPro.

Initial Coin Offering (ICO)

Because PayPro is a complex challenge, we have not developed it yet. Take off, all the code will be open source and we hope the public can join our development.
We run this ICO to raise the funds needed to start this business. We hope to start working with you on this amazing project.

Why ICO?

Because we truly believe PayPro is becoming a global change, we also believe it must be understood by the global community for several reasons:

First of all, as a decentralized app, it’s perfectly natural for us to conceptualize it
must come from society alone our organization will become
the main promoter, we also expect the support of the community in terms of funds.
Secondly, we face big challenges in it like
technology development, payment network, strategy, compliance … and
Therefore, it takes a considerable amount of funding to reach our goals.
Lastly, Token PayPro (PYP) is the core of our network. PYPs will
be the main crypto currency of our network and will also be used to install
our partners at once to fill all the services available in the network.

PAYPRO TOKEN

PayPro Token (PYP) will be the main currency in our ecosystem, facilitating transactions in the market. The main purpose of PYP is them
will be used for political rights and use

Usage

All services offered in the market and all transaction fees will be charged
in PYPs. Because of the growing number of currencies that will happen
Supported by this application, we have to decide which one will be
accepted to charge all costs and to simplify the market.

Though true ETH can be a good candidate, we are reluctant
rely on it for the fact that we do not share that Ethereal is final.

Making Token

The ERC20 standard is used for all Tokens made in Ethereal.
20,000 ETH will be placed and 40% of all PayPro Token will be issued
in the initial sale.
Smart Contracts are set so that the PayPro Token delivery can be automated
occurs just after ETH is accepted.

Token allocation is as follows:

5% will be distributed to the community from time to time in return
for R & D and bounties.
15% is allocated to initial investors & supporters and future partnerships
20% reserved for the current and most important team, the future
team motivation package.
20% final will be held by PayPro, under community supervision,
to achieve future sustainability through the distribution of network revenue.

Delivery of PayPro Token (PYP) from Smart Contract will occur
as soon as the ETH is sent

Token sales period

The token sale will commence on 22 November 2017 at 21:00 GMT and will be completed by 22 December at 21:00 GMT time or when the target value of 20,000 ETH is reached.

Token sales structure

Tokens offered through ICO — 40%

The funds raised will be used to finance the development of the platform for the next 4 years

Milestone

Team And Advisor

So the explanation from me about PayPro may be useful for you all and be a view for your future. For more detail information you can visit the link below:

Website: http://www.payproapp.com/
Ann Thread : https://bitcointalk.org/index.php?topic=2352783
Twitter : https://twitter.com/thepaypro
Facebook : https://web.facebook.com/thepaypro
Medium : https://medium.com/tag/paypro/lates

My profile link : https://bitcointalk.org/index.php?action=profile;u=1409779