PayPro ICO (PIP)

The first decentralized Bank


PayPro is a financial marketplace where any Decentralized Application (dApp) will be able to offer its services. Thus, dApps will be competing among them to become your supplier, not the other way around as with banks. The key feature of PayPro is that it has brought decentralization to a new level; our marketplace is not decentralized only at a technical level but also at a strategic level. This is why we like to call it the UBER of banking.

Banking Cryptocurrency
4.1

by expert rating and reviews


4.6
ICO PROFILE
4.3
TEAM
4.0
VISION
3.7
PRODUCT
Ended
Token PIP
Platform Ethereum
Raised $2,050,186
Country Gibraltar
ICO Start Date 15 Jan 2018
ICO End Date 26 Feb 2018

About PayPro

Concept

PayPro will be a financial marketplace where any Decentralized Application (dApp) will be able to offer its services. Thus, dApps will be competing to become your supplier, not the other way around as is customary with banks.

In order to accomplish this goal, we are building a universal wallet that will be capable of storing the most popular crypto-currencies and any ERC-20 token.

Problem

The main problem with traditional banks, as shown during the world recession on 2007-08, is that due to the fact that they hold all the information, users can not take objetive decisions. For this reason, it is commonly said that the centre of the relationship with banks is not the client but the bank itself.

Whereas it is true that there is an increasing number of so-called neo-banks, either built on blockchain or over APIs, they still have not managed to avoid the main problem with banks; centralization of services. Any form of centralization will always diminish the services offered as the supplier will always have more information than the market.

Solution

Therefore, we have created a financial marketplace where any dApp can offer its financial services and any user can both use them and rate them. This rating system will be the master piece as it will provide with:

Transparency: every user will be encouraged to rate a dApp after using it. This way the user will contribute to offer a rating so any other user willing to use the dApp will know whether it complies with his expectations or not.
Loyalty: users will be rewarded for rating dApps.
Enhanced competition: suppliers contributing to the marketplace by offering their services can generate a second source of income thanks to our rating system. This way we aim at getting on board the more dApps as possible; the more dApps in the marketplace, the more competition, which will ultimately force suppliers to struggle on the quality of their services.
Improved services: the system is made so ratings go down through time and hence, dApps are forced to keep high ratings at all times.

ICO

Our application heavily relies on tokenization and hence, we have created two tokens; PIP and zPIP. Whereas PIP is the only crypto-currency accepted within the marketplace, zPIP is the unit of value used on our rating system.

Thus, we are launching an Initial Coin Offering for distributing PIP, the only accepted crypto-currency in the marketplace.

ICO details:

  • 1 ETH = 2000 PIP
  • Pre-sale starts on 08th January, 2018 and ends on January 15th, 2018.
    • Minimum investment of 2 ETH.
    • Bonus 35%
  • Main sale starts on 15th January and ends on 04 February, 2018.
    • Minimum investment is 0.5 ETH.
    • Bonus 20% on first 24 hours.
    • Bonus 15% on first week.
    • Bonus 10% on second week.
    • Bonus 0% last week.

Team

Pablo Ruiz member of PayPro ICO
Pablo Ruiz
CEO
Gabriel Llambias member of PayPro ICO
Gabriel Llambias
CFO, COO
Enric Giribet member of PayPro ICO
Enric Giribet
CTO
Qijiong Jiang member of PayPro ICO
Qijiong Jiang
Blockchain developer
Roger Baiget member of PayPro ICO
Roger Baiget
Developer
Josep Sanjuas member of PayPro ICO
Josep Sanjuas
ConsenSys Ethereum Developer Certification
David Murray member of PayPro ICO
David Murray
Maximilian Von Sethe member of PayPro ICO
Maximilian Von Sethe
Luis Font member of PayPro ICO
Luis Font
Rafael Conde del Pozo member of PayPro ICO
Rafael Conde del Pozo
Franc Carreras member of PayPro ICO
Franc Carreras
Julian Vinue member of PayPro ICO
Julian Vinue
Advisor
Jonas Sevel Karlberg member of PayPro ICO
Jonas Sevel Karlberg
Advisor

Milestones

  • 1

    November 2017

    Proof of concept release: an iOS app capable of holding and spending BTC is released into the market.

  • 2

    December 2017

    Project Management: we will spend 1 – 2 months on planning the development.

  • 3

    February 2018

    Kick-off: all the necessary hires and collaborations will have been done and the development will start.
    Ethereum integration: Ethereum wallet integrated so users can store all major tokens in our wallet.

  • 4

    July 2018

    Marketplace Launch: we will launch our own VISA Card so users can spend in BTC or ETH on top of USD, EUR or GBP.

Financial

Token Sale Info
Token PIP
Token Type ERC20
Platform Ethereum
Investment info
Accepting ETH
Distributed in ICO 40%
Hard cap 5,000 ETH
Raised $2,050,186

Others in "ENDED ICO"