Tokenpay claims to be "The Worlds Most Secure Coin" and appears to be a late candidate for the most exciting ICO of 2017. An innovative Proof of stake coin, with a modest 25 million total coin supply, it certainly ticks a lot of boxes on my checklist of a promising investment. Here is my brief breakdown of what Tokenpay sets out to achieve and how to participate in the ICO of this ambitious crypto project.
Here is their short official video ....
With Bitcoin struggling to deal with transaction volumes lately , Bitcoin Cash redirecting mining power and Coinbase abusing its position by charging extortionate fees, now seems the perfect time for a payment platform that will provide solutions to these problems. Into this fertile landscape steps Tokenpay, a payment system with a high capacity blockchain able to cope with large transaction volumes.
One of the most innovative and interesting plans of the team is allocating 30% of the funds raised during the ICO to buy a bank on the pacific Island of Vanuatu, allowing tokenpay to be easily integrated into the global monetary system. Customers will then be able to buy and sell crypto currency with their bank accounts, have access to ATM machines worldwide and purchase items online or in stores. A real ambitious attempt to provide all the customers banking needs on the Blockchain, integrating traditional banking with cutting edge technology.
This would also provide merchant processing for all kinds of business, with Tokenpay being able to be accepted by anyone globally and convert it to the local currency or to other cryptos.
Cold storage paper wallets and web wallets are already available, showing a real push to get the project to the real world stage. Available for Windows, Linux, Android and IOS. Only coins held in desktop wallets will stake as the system uses graphics cards to secure the network.
Tokenpay plans a smart looking and functional debit card that supports multiple currencies and can interface with worldwide ATMs.
It also boasts an all star team including a member that fans of Verge will appreciate ...
Theres a lot more to Tokenpay than I have covered here so please read the white paper at the following link .... https://www.tokenpay.com/whitepaper.pdf
.... and here is the road map
If, like me you are impressed by this project then participating in the ICO could not be simpler. They have developed a smart interface that makes depositing of Bitcoin very easy. The only downside is the cost, 3000 TPAY for 1 BTC means even with the current 50% bonus you are paying over $3 per token. This is not ideal admittedly for an ICO but I believe with a small supply of 24 Mill and 105,000 registered participants this could easily make early investors decent returns.
So check out Tokenpay, read the whitepaper and do your own research into this innovative and interesting project that could really be a quantum leap for banking and payment systems. This is in no way financial advice its simply my opinions but I’m sure most investors can see that Tokenpay has serious potential heading into 2018 ....... Thanks for reading.
