Global Digital Payment is a blockchain-based payment system that seeks to revolutionize crypto payments by creating a convenient and safe ecosystem where Bytus Wallet users can conveniently make contactless payments via payment terminals and the Internet using a QR code. Additionally, the payment system features instant conversion capabilities of cryptocurrency to fiat. Such features are anticipated to develop, improve, and globalize cryptocurrencies.
The platform will assist retail businesses in introducing cryptocurrencies as an accepted payment method. This will enable the businesses to attract more customers who prefer using cryptocurrencies as a payment method as well as help customers explore new markets.
Bytus Tokens will be the platform’s main and only utility token. Depending on their needs, the user can freeze the tokens for incoming and outgoing transactions. After the transaction, the tokens become inactive for 24 hours during which they can be returned to the main account.
Missing whitepaper? Let us know.
Rated on Jan 22, 2019
Modified on Feb 25, 2019
Even though KYC does not guarantee ICO success nor is a call for investment, the process verifies the key members of the founding team as a first key test.
Please contact Sum & Substance promptly since your ICO starts in 102 days!
Willing to revise this rating if the team responds.
All the best!
ICO team member replied on 29 Jan 2019
I verified myself as a founder of bytus project.
Please go to the right side under Bookmark to complete your ICO KYC Report.
All the best!
ICO team member replied on 24 Feb 2019
would be great if you revise our rating.
All the best !
Congrats for passing the KYC!
1. Minimum investment is US$10,000. This amount seems to be too high for your supporters to take part?
2. Advisors are missing in your team. You might need experienced advisors to help you navigate through this ICO process?
3. "The system replaces Visa and Mastercard payment systems, adding cryptocurrencies."
This value proposition is not entirely clear to me. Perhaps a rewording will help with articulation?
All the best!
Rated on May 7, 2019
This is much needed and the size of the market for this type of service is likely to explode over the next 24 months. Great product, great vision and lots of potential for growth.
Rated on Jun 19, 2019
Modified on Jul 26, 2019
Team: I would like to rate Nicolas is a great manager so as i have deeper research about about the project team is fantastic and passionate.
Vision: Vision is great just because of the team. Because if team is passionate so they are stronger toward deep vision too.
Product: Product is missing but i believe that they will create a great platform in a future.
Rated on Jun 20, 2019
Bytus, Payment by Cryptocurrency with Instant Conversion into Fiat
This seems to be what cryptocurrency wold need, with a clear and simple vision
Team has required skill to conduct a blockchain project.
We wait for some partnership to update product rank.
Rated on Apr 23, 2019
Modified on Apr 24, 2019
It is difficult to say whether or not this idea has a potential for success.
On their website it says $1,75M has already been raised. So over half of the softcap goal has already been reached.
A sturdy looking team with good advisors.
A description on what each team member does would be helpful.
The basis of this idea is a payment token which depends heavily on partners but I see no mention of any on website or wp.
No MVP or product as of yet, that I can see.
Their Github only has a forked repository
I will change my rating when team provides their promised alpha app.
After further investigation I have decided to update my rating. And if a product is provided, I will change my rating again
Rated on May 12, 2019
Modified on May 12, 2019
Vision of product is an excellent stop gap measure for the general mass adoption of crytpo through retailer acceptance and issues associated with fiat conversion. Once adoption takes hold in the longer term future, conversion to fiat may be unwanted or unnecessary and at that point this product will decrease in usage and value. But until that time comes, this product is excellent. Team is India based and seems to lack diversity and global reach in order to penetrate global markets for mass acceptance. Good development but somewhat lacking in marketing (go to market strategy). Cannot evaluate product (whitepaper download unavailable) - until then I have standardized product score to 3 - which can increase with WP download.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
TeamApply as an advisor
Full Stack Developer
The study of competitors, the development of architecture and the creation of whitepaper.
Preparing for a private ITO and holding a private ITO.
Start of the development of private blockchain network.
The beginning of the development of mobile wallet applications.
The launch of the test private blockchain network.
The start of the development of CryptoBank;
The launch of the alpha version of the private blockchain network;
Launching alpha versions of mobile applications.
Launching the beta version of the network.
POST ITO to sell tokens via CryptoBank;
The launch of the alpha version of CryptoBank;
Launching beta version of mobile applications.
The release of the beta version of CryptoBank.
Improving the work of network shutdowns for community needs.