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On Friday 13th of April 2018, a UK Police, SFO (serious fraud office) report was logged against PayPro ICO - NFRC 180402295983.

PayPro

The first decentralized Bank

PayPro is a financial marketplace where any Decentralized Application (dApp) will be able to offer its services. Thus, dApps will be competing among them to become your supplier, not the other way around as with banks. The key feature of PayPro is that it has brought decentralization to a new level; our marketplace is not decentralized only at a technical level but also at a strategic level. This is why we like to call it the UBER of banking.

3.7
29 28 expert ratings
Benchy 3.3
Experts
4.0
3.8
3.4
View rating distribution
~$2,050,186
value of tokens sold in ICO
Ended
Token
PIP
Price in ICO
0.4215 USD
Country
Whitelist/KYC
KYC & Whitelist
preICO start
8th Jan 2018
preICO end
15th Jan 2018
ICO start
15th Jan 2018
ICO end
26th Feb 2018
More on ICO
Report

About PayPro

Concept

PayPro will be a financial marketplace where any Decentralized Application (dApp) will be able to offer its services. Thus, dApps will be competing to become your supplier, not the other way around as is customary with banks.

In order to accomplish this goal, we are building a universal wallet that will be capable of storing the most popular crypto-currencies and any ERC-20 token.

Problem

The main problem with traditional banks, as shown during the world recession on 2007-08, is that due to the fact that they hold all the information, users can not take objetive decisions. For this reason, it is commonly said that the centre of the relationship with banks is not the client but the bank itself.

Whereas it is true that there is an increasing number of so-called neo-banks, either built on blockchain or over APIs, they still have not managed to avoid the main problem with banks; centralization of services. Any form of centralization will always diminish the services offered as the supplier will always have more information than the market.

Solution

Therefore, we have created a financial marketplace where any dApp can offer its financial services and any user can both use them and rate them. This rating system will be the master piece as it will provide with:

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.

ICO

Our application heavily relies on tokenization and hence, we have created two tokens; PIP and zPIP. Whereas PIP is the only crypto-currency accepted within the marketplace, zPIP is the unit of value used on our rating system.

Thus, we are launching an Initial Coin Offering for distributing PIP, the only accepted crypto-currency in the marketplace.

ICO details:

  • 1 ETH = 2000 PIP
  • Pre-sale starts on 08th January, 2018 and ends on January 15th, 2018.
    • Minimum investment of 2 ETH.
    • Bonus 35%
  • Main sale starts on 15th January and ends on 04 February, 2018.
    • Minimum investment is 0.5 ETH.
    • Bonus 20% on first 24 hours.
    • Bonus 15% on first week.
    • Bonus 10% on second week.
    • Bonus 0% last week.

Associated agencies

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AmaZix

Community Management for Crypto Projects

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ICO KYC Report
2 members invited
Pablo Ruiz
Passed
Gabriel Llambias
Passed
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