?ll-in-one banking cryptocurrency ecosystem. PointPay ICO rating – 86
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Active ICO : 22/07/19 – 19/01/20
Roadmap: 8/10 Legal: 4/5 ICO terms: 2/5
Team: 19/20 Token applying: 4/5 Promotion: 17/20
About PointPay ICO (token sale)
PointPay ICO is creating a fundamentally new product that combines three services in a single closed-loop ecosystem: PointPay ICO Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet. We work so that our potential customers could be users of the World Wide Web residing anywhere in the world.
The payment tool will be the PXP utility token of the ERC-20 standard, created by PointPay based on the Ethereum platform as the most popular core for building blockchain systems. Firstly, this solution will combine the three above- mentioned services in one ecosystem, and, secondly, make the PXP token a valuable asset that will be in demand in the cryptocurrency market.
PointPay ICO has business contacts with more than 50 banks and 25 payment systems, as well as 20 lawyers who deal with issues of licensing cryptobusiness. We have 4 years of experience in supporting the functioning of payment systems, including signing contracts, working with banks, working with other payment systems, paying out funds, and building complex payment schemes. We are currently conducting a crowdfunding campaign through the sale of 500,000,000 PXP tokens in order to raise funds for the development of fully functional versions of our products. Their first versions are already ready for use and can be tested by our potential investors just right now!
The Solution to the “Crypto Assets Depreciation” Problem
The PointPay cryptocurrency platform team formulated its proposals on how to solve this problem and outlined 3 consecutive steps. On the one hand, these proposals will allow traders and holders to gain access to the extended user functionality and make the funds aimlessly stored on the crypto wallets work. On the other hand, the project will be given the opportunity to grow from the traditional, conforming to today’s tough security requirements, the exchange to the cryptocurrency analogue of PayPal, which can rightly be called a crypto bank of the 21st century – PointPay Crypto Bank ICO. So:
1. Issue of 500,000,000 PXP tokens based on the ERC-20 smart contract;
2. Creation of a platform with the ability to purchase tokens, sales revenue of which will be allocated for development of products;
3. Building of a closed-loop ecosystem consisting from the PointPay Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet. Calculation functionality of these products will be tied to PointPay tokens to make a valuable payment unit from them.
This will be simultaneously implementing both with obtaining licenses from financial regulators, and developing functional for a daily cryptoback accrual to PXP token holders. Hence, it will be a significant technological aid for building the PointPay Crypto Bank.
Disadvantages of Existing Crypto Banks. Why is the PointPay Crypto Bank the best?
Cryptocurrency and blockchain ecosystem is rapidly gaining popularity among users all over the world. While there are many separate platforms on the market allowing buying, trading, selling and managing cryptocurrencies, there is definitely a void in terms of having a platform with “All-in-one” approach. As seen from the comparative analysis table below, the major market players are heavily focused on providing a limited array of services and there is a definite lack of a user-friendly “all inclusive” platform. PointPay Crypto Bank ICO (“PPCB”) will be a part of the “All-in-one” utility token-based blockchain ecosystem, provide cryptobanking services one would find readily available in fiat currencies.
We are building PPCB to breach the gap between the convenience of cryptocurrencies and functionality of a traditional bank. PPCB will be filling this underserved niche by offering everyday users a full spectrum of banking services. The goal is to build a convenient, intuitive online banking platform, so even a non-technical user can benefit from all the services PPCB ICO has to offer without the complications, currently associated with the blockchain technology.