PAYFAIR is a decentralized escrow platform for making cryptocurrency transactions between two parties. It is ensured with PAYFAIR tokens (PFR) based on Ethereum blockchain Low fees for making a transaction, its safety and privacy Saving time when making a transaction, no third parties or bureaucracy

PFR Tokens are an essential part of the system. Tokens create trust nodes, ensuring the trade between counter parties.

Goal

Creating guarantees between contractors in all spheres
Raising the social interest to cryptocurrencies
Ensuring mutually beneficial relations between all the participants on the platform
Creating an independent system without developers interference

What is an escrow service?

Escrow is a financial agreement in which a third party regulates all the processes between two exchanging parties. It makes deals safer, because money is held on a secure account and deposit is given only when all the requirements are met.

Potential market share

Nodes and masternodes
(using a smart contract while trading without human interaction)
Cryptocurrency to fiat exchange service
Domens and websites
Social networks
Online games
Freelance and online services
Escrow service for physical goods

Platform fundamentals

Ecosystem is a platform for making deals and transactions
Fee (commission) is a payment for the deal made by contractor
Buyer — a party, interested in deal safety
Seller — a party invited by a buyer
Trust node — PFR token holders
Escrow — an independent and anonymous chain of escrow-node.
Escrow settle the differences
Escrow-node — trust-node in status escrow

Rating system

Rating of escrow-nodes
Rating system will create a self-regulating ecosystem with reliable participants of an escrow-chain
Improves competency and open-mindedness
Fair fee distribution between the participants
Rating of contractors
When using the platform for escrow service multiple times, rating helps to lower the fees
for transactions therefore encouraging clients to use the platform more and more
Improves mutual confidence between the parties even without escrow-nodes

Crowdfunding

The total amount tokens is 100 000 000
PRE-ICO 20 000 000
ICO 66 000 000
Reserved for PAYFAIR 12 000 000 (freeze 1 year)
Bounty 2 000 000

Roadmap

01st September - 30th September: pre-ICO campaign. Issuing ERC-20 tokens.ICO smart contract. PR-campaign.
01st November - 30th November: ICO. PR-campaign.
December 2017: Audit and beta-testing the platform.
Q1 2018: Releasing the first working version. First interest payments. First developments onneuronetwork. Testing and + collecting data using neural network.
Q2 2018: Releasing a mobile application, messenger bots, browser plugins and fiat support integration.
Q3 2018: Integration into different internet resourses.

Total Collected So Far 47834.2194 USD (12.1154 BTC)

PAYFAIR.IO