PayPro - New structures on account of Smart Contracts

Technology does not stand still and appear decentralized banks with good opportunities, that they are the future. Give your attention just like this — Paypro!

WHAT IS PAYPRO ?

PayPro is a decentralized bank made for managing another eco-system where esteem is spoken to in new structures on account of Smart Contracts. Therefore, PayPro is a decentralized money related commercial center where any dApp can post its administrations. We are additionally building up a Wallet where clients will have the capacity to store digital forms of money and any ERC-20 token.

After we have assembled PayPro, a client will be fit for putting away ETH, BTC or GAS, for example, and utilize the commercial center for putting resources into a crowdfunding stage, for example. Moreover, the offers got from that interest in the type of tokens, will be likewise put away at PayPro. Because of that, all the crypto-resources and liabilities of an individual will be spoken to in PayPro.

WHAT IS dApp ?

PayPro’s commercial center will be worked as a decentralized application, additionally known as dApp. As per David Jonhston, a dApp must meet a few criteria in request to be considered all things considered:

• The application must be produced open-source, it needs to work self-governingly and the larger part of tokens can not be controlled by an element. Additionally, proposed upgrades and market criticism might be adjusted in the convention.
• keeping in mind the end goal to get to the application and to compensate any commitment of esteem from mineworkers or patrons, a cryptographic token is fundamental.
• Tokens must be created as evidence of the esteem produced to the application.
• A decentralized Blockchain must be utilized to store information and records of operation keeping in mind the end goal to dodge any main issue of disappointment.

How it works :

In order to accomplish this goal, an universal wallet will be build to store the most popular crypto-currencies and ERC-20 token.

To deal with the problem :

During the world recession on 2007-2008, the banks hodl all the information and users are not able to take objectives decisions. The center of the relationship with banks is not the client but the bank itself. A lot of neo-banks appear but they still have not managed to avoid the main problem with banks; centralization of services.

The solution :

A financial market place where any dApp can offer its financial service, based on four axis :

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.

PayPro is re-imagining how banking could look like thanks to Satoshi’s view on decentralization. In order to do so, PayPro believes that the portfolio of financial services offered to a client can not be centralized in any way, otherwise there is no guarantee for the user that a bank will only look after their interests.

HISTORY PAYPRO

PayPro was born in 2015 as an online tool for making payments in 25 currencies saving up to 90% on hidden bank fees. We got regulated by the Financial Conduct Authority, raised two funding rounds of €750,000 in totaland spent a little bit more than a year in the market. We managed to process € 500,000 per month, which is not bad at all compared to the early beginnings of Kantox or Transferwise, for instance.

From that experience, we soon learned that the payments / banking industry was totally outdated. Thus, we soon realized that we had to make a step forward if we wanted offer a truly disruptive value proposition if we wanted to change the industry. This is why we started to listen to the market, talk with industry’s experts and do a lot of test and fail. And this is how we created PayPro: the first decentralized bank built.

PayPro Token

Paypro Token (next class use) will be the main currency in our ecosystem, facilitating transactions in the market. The main goal of the next class to use is that they will be used for political rights and usage

The token offered through ICO 40% (blue)

Funds raised will be used to finance the development of platforms for 4 years.

Reserve sustainability-20% (Dark Blue)

Sustainability of the reserves, which are currently in the community

supervision, will be hosted by PayPro to achieve financial sustainability in Indonesia

future through the distribution of total expenditures and market coverage

revenue.

Society, R D & bounty & 5% (green)

To give incentive to the community, as well as the brand of evangelism, we plan

Community Award, academic research and the gift of the bug on future 4 years.

Early investors, nowadays & Advisor of the future, the partnership-15% (purple)

Provide liquidity to investors early supporters, as well as & for future

Partnerships and strategic advisor, we will allocate 15% of the total of token

offered. Early investors, nowadays & Advisor of the future and the future of the partnership will do it

have a token 10% allocation.

A training package for the founder, tim & prospective employees of the future-20% (red)

We believe that a company is only as strong as the team. Because all smooth

& team members will get future motivational package

the signature of all this will be implemented in accordance with the employee/

coverage.

PAYPRO gift campaign: next class using the 1.1 million accumulated (2200 ETH) should be divided according to the stakes.

The gift of the campaign include 8 categories:

1. works of art campaign: 6% (66,000 next class use)

2. video campaign: 13% (143,000 next class use)

3. twitter campaign: 13% (143,000 next class use)

4. Facebook campaign: 13% (143,000 next class use)

5. the telegram campaign: 5% (55,000 next class use)

6. Article campaign: 13% (143,000 next class use)

7. translation and moderation campaign: 15% (165,000 next class use)

8. signature campaign: 22% (242.000)

Roadmap

Team PayPro

More Detail Info :

Situs web: http://www.payproapp.com/
Ann Thread: https://bitcointalk.org/index.php?topic=2352783
Twitter: https://twitter.com/thepaypro
Febook: https://web.facebook.com/thepaypro

BTT Profil : https://bitcointalk.org/index.php?action=profile;u=1251309