PAYPRO _ Market and decentralized banking

PayPro was born in 2015 as an online tool to make payments in 25 currencies that save up to 90% of hidden bank fees. We are governed by the Financial Conduct Authority, collecting two rounds of 750,000 total funding and spending a little over a year on the market. We successfully processed € 500,000 per month, which is not bad at all compared to the beginning of Kantox or Transferwise, for example.
PayPro is a decentralized bank created to handle a new eco system where its value is represented in a new form thanks to Smart Contracts. Thus, PayPro is a decentralized financial market where each dApp can post its services. We are also developing a Wallet where users can store crypto-currency and ERC-20 tokens.

Once we build PayPro, users will be able to store ETH, BTC or GAS, for example, and use the market to invest in the crowdfunding platform, for example. Similarly, the shares received from the investment in the form of tokens, will also be stored in PayPro. As a result, all individual crypto and liability assets will be represented on PayPro.

PayPro Products

We understand that the core functionality of PayPro should be its capacity to  store currency values ​​and spend it. Otherwise, there is no point in saving the  value if it can not be used.  Therefore, we have built the first banking platform  .

> Wallet.

PayPro will receive most forms of cryptococcus. Using Ethereum will allow the user to do so  save at least 100 of the most used currency by  volume of transactions per day  Of course, PayPro  Token will become our main currency and will be  easily exchanged for other currencies. So far, we have developed the iOS app that  allows to store BTC, but this is only proof of  concept created for the purpose of the user.

> Marketplace

On the one hand, users will be able to  use their PayPro Token, also known as  PYPs, to purchase any service on the  market. These services will range from  loans or investment loans. As soon as the user  will spend his PYP, a token will be  received and stored in the application as a  result of using the Smart Contract. For example,  if a user wants to invest in a crowdfunding  platform, he can search crowdfunding  platforms, choose campaigns, pay on PYPs and  save tokens that PayPro receives instead  .

On the other hand, suppliers can hand it  service to the market. By using smart  contracts, we can ensure that all transactions are  made in a safe and efficient manner. All  suppliers will be rated by users so the best  suppliers can be recommended and the worst  can be ruled out  By applying this rating. Our system can avoid centralization and thus  ensure that the service focuses on the client  rather than the other way around. 

Decentralized apps

PayPro Market will be built as a decentralized app, also known as dApp. According to David Jonhston, a dApp must meet several criteria to be considered as follows:

• > Applications must be developed open-source, must operate autonomously and the majority of tokens can not be controlled by an entity. Also, proposed improvements and market feedback can be adjusted in the protocol. - To access the app and to reward contributions from miners or contributors, a cryptographic token is required.
• > Token must be generated as proof of value generated on application.
• > Decentralized blockchain should be used to store data and records of operations to avoid a central point of failure.

All services offered in the market and all transaction fees will be charged to PYP. Due to the increase in the amount of currency that will be supported by the application, we need to decide which one to adopt to collect all the costs and simplify the work in the market. While it is true that ET can be a good candidate, we reluctantly rely on it because we do not share that Ethereal is the ultimate winner for Smart Contract. Other businesses such as Neo (AntShares) also offer interesting opportunities that are likely to succeed in the medium term.

For this reason, we must issue our own token, which will be used as a reference for all other currencies offered in the application. As stated, PayPro Tokens will be the only currency that allows you to pay royalties.
However, we are aware of the fact that the use of constant PayPro markers for our users can reduce the user interface. For this reason we will use our gateway development, so every day when users have to pay a fee, it's possible to automatically swap existing user funds for PayPro token.

The release of our own token will allow investors from all over the world to join PayPro. This investor will have early access to the PayPro Token when it was created. As the number of tokens will be limited, we estimate that prices will increase as demand increases. Although our token future will be sold in all major exchanges, such as today's BTC or ETH. We hope our tokens will be widely used even beyond our app as the community grows.

Sales Token

The mark will start on 22 November 2017 at 21:00 GMT and will be completed by December 22 at 21:00 GMT or when the target value reaches 20,000 ETIS. 
Proof of pre-sale  Number of tokens will be sold one week before release date. This period will be called the "presale" period. Participate in pre-sale sales, investors will enjoy a special discount, which may be an additional token. Conditions for pre-sale: Only  by invitation; If you would like to be invited, contact one of our team members. Compliance of at least 15 ETH for the first 600 qualified  investors will receive a 35% bonus.

Name: Token PayPro

Symbol: PYP
Pre-sale period: January 8 to January 15, 2017
Pre-sale term: Min investment 15 ET
Bonus pre-sales: Bonus up 35%
Main Sale Period: January 15 - January 31
Major sales term: Min investment 0.5 ETH
Main selling bonus: 1 24 hours 20% first week 15% Second week 10%
Exchange rate: 1 ETH: 500 PYP
Limit: 20,000 ETH (Hard Cap) or EUR 5,000,000.00 depending on the exchange rate.
Currency received: only for ETH
Benefits Token holder: Decision & Economic Rights.
% Tokens sold: 40%
Nationality: Anybody except Singapore, Estonia and the US due to legal or state-owned trade restrictions approved by the US.

Roadmap

> November 2017 | Proof of concept release: iOS apps capable of holding and spending BTC are released to the market.

> December 2017 | Project Management: we will spend 1-2 months to plan the development.

> February 2018 | Kick-off: all necessary recruitment and collaboration will be undertaken and construction will commence.

> February 2018 Ethereum integration: integrated etereum wallet so  
users can store all major tokens in our wallets.

> July 2018 | Marketplace Launch: we will launch a dApp Marketplace where all suppliers will be able to integrate and offer their services.

Team

For more information, please visit the link below: 

Website: http://www.payproapp.com/

Whitepaper:https://drive.google.com/file/d/1hKog8eUF8Jxhh7kCBNYQTOwOr5RdVMqX/view

ANN Thread:  https://bitcointalk.org/index.php?topic=2460780

Facebook:  https://www.facebook.com/thepaypro

Twitter:  https://twitter.com/thepaypro

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My profile:  https://bitcointalk.org/index.php?action=profile;u=979957

Address ETH:  0x32412715249f0c79b4fb958c6E32D871EaC778D2