In the cryptocurrency world ' An Escrow is a (legalized) agreement between 2 or more parties in which a third party will be responsible for the reception and disbursement of money or cryptocurrencies ( as the case may be) and it will be dependent on the agreement made by the parties involved'.
INTRODUCING PAYFAIR AS A PEER TO PEER ESCROW EXCHANGE
PAYFAIR is a decentralized platform that will bring about maximum security of all cryptocurrency transactions that will occur between 2 persons and their escrow services are not limited to cryptocurrencies but also FIAT, digital and physical goods and services. PAYFAIR will be an independent escrow ecosystem that will Resolve and settle the difference between a buyer and a seller.
PAYFAIR will provide services that enhances the provision of security, trust, fairness, transparency and effectiveness.
PAYFAIR OBJECTIVES
• Low Transaction Fees : PAYFAIR is here to say goodbye to hidden charges and high fees charged by other exchanges. PAYFAIR will allow you use the latest technology to send and receive your choice of cryptocurrencies.
• Trust And Integrity : PAYFAIR will ensure the elimination of lack of trust that has long existed in exchange Escrows between their buyers and sellers. PAYFAIR will depict that it has a real use case and integrity over other Exchanges.
• Resolution Of Dispute And Conflict : PAYFAIR will act as a regulator to avoid conflict and resolve conflicts whenever the such needs arises so as to protect their image.
• Increase Of Global Interest In Blockchain Services : PAYFAIR will enhance the global adoption of cryptocurrencies and provide paramount security against online fraud.
• PAYFAIR Platform Leverages The Blockchain technology to create a decentralized system that will make provision for cordial mutual relationship.
Fundamental Elements Of PAYFAIR Platform
Ecosystem
Fee
Buyer
Seller
Trust Node
Escrow
Escrow node
*PAYFAIR TOKENEMICS (PFR)
The Official and native token of the PAYFAIR Escrow Exchange is the PAYFAIR Token. it will be used to fuel the platform activities and facilitates the effective running of the system.
USEFULNESS OF THE PAYFAIR TOKEN
It will be used to create modes of trust without human interaction.
Creation of Escrow nodes to settle disputes and avoidance of fraud.
Commission on Fees as a reward for holding the PAYFAIR TOKENS and their passive participation.
TOTAL SUPPLY = 100,00,000 (PREMINED)
PRE-ICO SALES = 30,000,000
ICO = 56,000,000
RESERVED (TEAM) = 11,000,000
BOUNTY =3,000,000
SOFT CAP = 40,000$
For More Information about the Payfair project, please click on the links below:
Official website: https://payfair.io/
Telegram channel: https://t.me/payfair
Twitter: https://twitter.com/payfairio
GitHub: https://github.com/payfairio/pf_demo
LinkedIn: https : //www.linkedin.com/company/payfairio/
Facebook: https://www.facebook.com/Payfairio/
Whitepaper: https://payfair.io/whitepapers/full_PF.pdf
Reddit: https: // www.reddit.com/r/Payfair/
Medium: https://medium.com/@PayFair/
Author's Bitcointalk Username: AFLOZY
Bitcointalk Profile Link:
https://bitcointalk.org/index.php?action=profile;u=1254935