Paytomat is a blockchain-based payment processing system created to help merchants, consumers and crypto core teams to find each other and create real life traction for cryptocurrencies as emerging method of everyday payments. Built as a decentralized autonomous organization and decentralized franchise, Paytomat features two unique loyalty programs based on the PTM coin, incentivizing merchants to accept payments in crypto, and PTX token, incentivizing end customers to pay with crypto. For the purposes of the token sale we will use the PTI token based on EOS blockchain.
Paytomat is a decentralized infrastructure for cryptocurrency payments with built-in blockchain-based loyalty program. It incentivizes both merchants and customers to either accept or to spend their cryptocurrency globally. As a reward for being a part of our ecosystems both merchants and customers receive corresponding assets they can use to pay within our ecosystem, set up a masternode or receive various discounts and free services.
Paytomat is a working product since August 2017, and has already about 300 merchants with over 18,000 transactions on the network in various parts of Eastern Europe.
The main advantage of this solution is that it works directly with Point-of-Sale providers, vending machines and e-commerce platforms installing a simple extension to existing POS software that merchants has been working with over the years. By leveraging such infrastructure, Paytomat created POS as PoS consensus algorithm, allowing any Point-of-Sale device to become a node on Paytomat’s own Blockchain.
To ensure a stable and rapid growth of cryptocurrency payment solutions across all of the continents, Paytomat introduces decentralized franchise. It stimulates local distributors to offer cryptocurrency services to merchants, POS providers and exchanges. In case of critical or funding issues any franchisee will be able to make a proposal to Paytomat DAO network and receive an appropriate budget for a certain calendar period.
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading Rated on Nov 28, 2018
5
4
4
10%
Soft cap 456 BTC ~ US$1.8 million
Hard cap 1756 BTC ~ US$7 million
"Paytomat is a working product since August 2017, and has already about 300 merchants with over 18,000 transactions on the network in various parts of Eastern Europe."
How do we verify who are the 300 merchants as well as the 18,000 transactions on the blockchain network?
Looking forward do the team's reply with a view to revise rating.
Blockchain Technology Consultant | DeFi | NFT | ICO - IDO - IEO Rated on Nov 28, 2018 Modified on Dec 12, 2018
4
3
4
10%
I like the team on this one. Some concerns on the overall vision, but it could be done with a proper raise. WP and tech is well written. I will keep an eye on this one.
Ratings are that of opinion and not to be financial advice of any kind and in no way should be considered endorsement of any project. Please, do your own due diligence on anything you invest in!
CEO and Founder Perhalic, ICO and IEO Advisor, Investor, PR and Marketing Expert Rated on Apr 15, 2018
4
4
4
9%
Not a bad team ... Will suggest to take some more advisors to make the team more stronger ...... Great vision ... looking forward to see how team execute
Project looks decent. They are trying to bridge the traditional and the new money. on top of that, theres also MVP available. However, I'm confused by whats the difference between PTX and PTM coin and why they need 2?
Enterprenuer | CEO | ICO Advisor |Investor | Blockchain Enthusiastic | Public Speaker Rated on Aug 25, 2018
4
4
4
8%
Great team!! Great product!! Great website and white paper with detailed technical information. Roadmap is achievable.
Payment is very crowded market. Best of luck team!!
Engineer Rated on Jul 1, 2018 Modified on Jul 1, 2018
4
4
4
8%
+++ Great team
+++ Great website and white paper with detailed technical information
+++ Nicely breakdown roadmap
+++ Solid social media content on medium
--- Only thing concerns me is it's yet another application for decentralised payments; in this cut throat competition market; and it's going to be difficult to survive! Would like to see the progress.
Good luck team!
ICO Advisor | Blockchain Enthusiast | Venture Capitalist Rated on Nov 8, 2018 Modified on Nov 8, 2018
4
4
4
7%
Another payments project in the sphere. Team looks as good as others. It would be interesting to see who will come up on top in this race to the finish line.
There are already many similar projects avaliable in the market which can offer instant payment service in a secure way.
The milestones only until 2018 which is not good, at least you should have a 2-3 years plan & all the hard work should keep in line with the plan.
I can not open the WP & Github page, so better update asap.
For this project, the most important part will be how quick you can expand your market & how big is your market share, so better focus more on marketing & business development grasp this great opportunity in cryptocurrency payment, or the giant will take everything.
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.
[UX1] MVP of POS Integration (Poster and Profit Solutions)
[UX1] Basic Mobile POS (iOS)
2
Q3-Q4, 2017
[Dev2] Support for BTC, LTC, Dash, Waves enabled.
[Dev2] Centralized exchanges integrated (BitFinex, Poloniex, Bittrex).
[Dev3] Poster and Profit Solutions integrated.
3
Q1, 2018
[UX1] Basic Mobile POS (iOS).
[Dev2] Support for BCH, ETH, ADA, EOS, NEO enabled.
[Dev3] Integrate 1C, R-keeper and Nobly.
[Dash4] Merchant dashboard ready.
4
Q2, 2018
[UX1] Mobile POS (Android).
[UX1] Basic Mobile Wallet (Android).
[Coin5] PTI traded on major exchanges.
[Coin5] Token sale complete.
[Dev6] Payments via chatbots.
[Dev7] Web Payments eCommerce Plugins.
[UX1] Mobile POS Pro Edition (Desktop).
[Dash4] Merchant analytics.
[Dash4] Dashboard for the core teams of the cryptos.
[Dev2] Testnet for Paytomat Blockchain and DAO.
7
Q1, 2019
[UX1] Mobile POS Pro Edition (Android).
[Dev2] MainNet for Paytomat Blockchain and DAO.
[Dev7] Implementation of the atomic swaps.
[Dev8] API and documentation available for 3rd party payments processing integration
8
Q2, 2018
[UX1] Advanced mobile wallet (Android + iOS).
[Dash4] Customer analytics.
[Coin5] Loyalty program based on PTM/PTX.
[Dev7] Lightning network integration.
If the Lightning protocol is implemented by the community by 2019Q1.
9
Q3, 2018
[Dev2] Integration with decentralized exchanges.
[Dev7] Integration with decentralized marketplaces.
[Dash4] [Coin5] Loyalty dashboard.
10
Q4, 2018
[UX1] NFC wallet support.
[Dev1] Support for Ledger, Trezor and other hardware wallets.
