ICO KYC Report
Not conducted yet
Milestones
1
February 19, 2018
ability to convert PYT -> USD in app on demand instantly
2
February 26, 2018
ability to verify KYC in app, accredited investor status within one business day.
3
March 1, 2018
ability to convert PYT -> USD at website, immediately spendable on Android app;
4
March 9, 2018
Token sale (likely) starts
5
March 9, 2018
Token sale (likely) finalized
6
August 1, 2018
12 businesses using Payfrit locally in Los Angeles/Orange County, 6 businesses providing mail order fulfillment. Annual revenue $300k. PYT value cap estimated at $60 million, token value ~$3.00.
7
October 1, 2018
hardware ATMs released in beta. Screenless, bluetooth, dispense and accept USD and multiple currencies.
8
March 1, 2019
400 businesses using Payfrit across the country. Annual revenue $10 million. PYT value cap estimated at $2 billion, token value ~$95.00