15 · 4 min read
STARTER INFORMATION
With
strict capital controls in place by most countries to control the flow
of money and charge high taxes, cryptocurrency gained usage in
circumventing capital controls and taxes, leading to an increase in
demand. Cryptocurrency has been able to present an easy to use digital
alternative to fiat currencies. Offering frictionless transactions and
inflation control, investors have been prudent enough to add these
currencies in their diversified portfolios as an asset, as the size of
the market does not represent a systemic risk. Cryptocurrency employs
the use of cryptography that assures high-security processes and
verifies transactions personal to each user. Hence, counterfeiting and
anonymous transactions are impossible to achieve.
While
this revolution is gaining wide acceptance, PointPay is creating a
fundamentally new product that combines three services in a single
closed-loop ecosystem: PointPay Crypto Bank, PointPay Crypto Exchange
platform and PointPay Multi-currency Wallet.
“Bitcoin
was primarily created as a peer-to-peer system based on blockchain
technology to avoid banks. Here, transactions take place directly
between users without the need for an intermediary. Network nodes verify
transactions and records them in a publicly distributed ledger called a
blockchain. Since the system has no central repository / single
administrator, Bitcoin is the first decentralized cryptocurrency in
existence. Since then, other cryptocurrencies like Ripple, Monero,
Litecoin, Etherium, etc. have been introduced to market.
Incumbents
have always had their issues with disruptors. But the truth of the
matter is, one must learn to change with the times; it is either
innovate or perish. While it stands true that blockchain technology
stands to wipe out a lion’s share of a bank’s income, banks should
realize that they can leverage the power to blockchain to introduce new
products and offerings that would replace old revenue streams. The world
is turning digital, there are no two ways about it and like it or not,
we are living in a digital matrix.”
With
that being said, PointPay has business contacts with more than 50 banks
and 25 payment systems, as well as 20 lawyers who deal with issues of
licensing cryptobusiness.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is POINTPAY?
As depicted above and as indicated on the official whitepaper of POINTPAY,
PointPay is creating a fundamentally new product that combines three
services in a single closed-loop ecosystem: PointPay Crypto Bank,
PointPay Crypto Exchange platform and PointPay Multi-currency Wallet.
In
addition, PointPay has business contacts with more than 50 banks and 25
payment systems, as well as 20 lawyers who deal with issues of
licensing cryptobusiness. PointPay 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. PointPay 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 the products.
About The PointPay Ecosystem
Illustrated below are the features of the PointPay platform:
Token Details
PointPay
Token will be released based on the Ethereum platform and fully comply
with the ERC20 standard. This will ensure security of the transactions,
compatibility with the third-party services and will provide seamless
and easy integration.
Soft cap: $1,000,000
Hard cap: $30,000,000
Symbol: PXP (PointPay token)
Total supply: 500,000,000
Unsold tokens: to be destroyed
Retail price: 1 PXP = $0.10
Funds Allocation and Token Distribution
ROADMAP
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website: https://pointpay.io/
ANN Thread: https://bitcointalk.org/index.php?topic=5146099
Telegram: https://t.me/pointpay_talks
Twitter: https://twitter.com/PointPay1
Facebook: https://www.facebook.com/PointPayLtd
Medium: https://medium.com/@pointpay
Author: sademolar
My Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2279550
My Ethereum Address: 0xB00B339F3Da6b471A253Bf4f94000b1e769D86B8
My Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2279550
My Ethereum Address: 0xB00B339F3Da6b471A253Bf4f94000b1e769D86B8
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