In this modern age of internet, everything is getting digitalized. The banking payments are getting digitalized into wallets and mobile banking. The crypto currencies are blooming in a new sphere of blockchain technology. It is based on the decentralized platform and the peer to peer transactions are tracked by the smart contracts and stored in the distributed registers.
Paypro has been developed with a motive of creating a decentralized marketplace where the investors can securely store their crypto currencies namely bitcoin, Ethereum and Litecoins. The application is built on the platform called dApp which an open source and an autonomous platform where any user community can contribute for its development. Developed in 2015, it is the place for making the online transactions in 25 currencies.
The Product(http://www.payproapp.com/)
Paypro’s crypto wallet accepts any cryptocurrencies with its highly powered Ethereum technology. Paypro has their own cryptocurrencies called the Paypro tokens. This token is compatible with any cryptocurrency.
The smart contract will be tracking each transaction made by the buyer or a seller. The user can get loans in the form of Paypro tokens and invest them in any crypto exchange. Similarly, the suppliers can sell their products through the paypro tokens and other currencies.
The dApp cannot be owned by any user. Only 40% of the tokens are made available in the ICO. Paypro token is sold at a rate of 1 ETH. Minimum investment that can be made is 0.5 ETH. Paypro has also announced an early bird offers ranging from 25-30% of the token rates.
The Usage
Paypro is an open source platform and is currently offered by only one supplier charging expensive fees for the transactions. Paypro is on the responsibility of developing its own payments network. The investments made on the network involves the payments to be made to the currency supplier and the BIN sponsor.
During the ICO, 20,000 Ethereums will be available worthy of 40% of the Paypro tokens. The token allocation is as follows: 5% of the tokens will be used for the R&D and other bounties. 15% is allocated for the future investors and other partners. 20% is reserved for the current team. The final 20% is for the sustainability of the future community. The token sale started at November 22nd and ends by December 22nd.
Most of the tokens can be sold back to the market at any instant. This gives the flexibility to the investors to allocate their resources with liquidity.
The Team and the Roadmap
The board member are diverse and have a rich experience in the Blockchain platform comprising of experts and geeks. The Finance and banking managers are also the part of the board. Paypro has set a vision of launching the Ethereum wallet integrated with others so that the users can easily access a wide range of currencies. By second half of 2018, Paypro will launch the Visa card services for easy access of fiat currencies with the crypto currencies. With increasing number of individuals exposed to cryptocurrencies, Paypro is on the target of becoming the decentralized marketplace and a hotspot destination wallet for the users to store their wide range of cryptocurrencies.
For More Details Visit
Website: http://www.payproapp.com/
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