We work so that our potential customers could be users of the World Wide Web residing anywhere in the world. The payment tool will be the PXP utility token of the ERC-20 standard, created by PointPay based on the Ethereum platform as the most popular core for building blockchain systems. Firstly, this solution will combine the three above-mentioned services in one ecosystem, and, secondly, make the PXP token a valuable asset that will be in demand in the cryptocurrency market.
Products
PointPay Crypto Bank
A new direction in the crypto market: manage, save and grow your capital with PointPay. We are building a unique all-in-one solution for the global market.- Low fees
- Fast transfers worldwide
- No currency restrictions
- Virtual, debit and credit, fiat and cryptocurrency cards
- Cryptocurrency lending
- Crypto acquiring
- Online mobile banking
- Crypto Forex Trading
- Crypto deposits and credits
PointPay Crypto Exchange platform
Buy, sell and exchange cryptocurrency with confidence. Convenient interface and helpful tutorials make trading easy whether you are a newbie or a pro.
Disadvantages of Existing Crypto Banks. Why is the PointPay Crypto Bank the best?
Cryptocurrency and blockchain ecosystem is rapidly gaining popularity among users all over the world. While there are many separate platforms on the market allowing buying, trading, selling and managing cryptocurrencies, there is definitely a void in terms of having a platform with “All-in-one” approach. As seen from the comparative analysis table below, the major market players are heavily focused on providing a limited array of services and there is a definite lack of a user-friendly “all inclusive” platform. PointPay Crypto Bank (“PPCB”) will be a part of the “All-in-one” utility token-based blockchain ecosystem, provide cryptobanking services one would find readily available in fiat currencies.
We are building PPCB to breach the gap between the convenience of cryptocurrencies and functionality of a traditional bank. PPCB will be filling this underserved niche by offering everyday users a full spectrum of banking services. The goal is to build a convenient, intuitive online banking platform, so even a non-technical user can benefit from all the services PPCB has to offer without the complications, currently associated with the blockchain technology.
Deutsche Bank analysts believe that cryptocurrencies, like fiat money, can and should be used both for making payments and for saving accumulated funds. As part of the implementation of the road map, PointPay Crypto Bank plans to offer its customers both the first and the second opportunity, thereby creating serious competition to traditional banking institutions.
PointPay Platform Investor Preferences
Token holders who have invested significant amounts in PXP will receive tangible preferences when working with the system, including an increase in the service speed, a discount on the exchange, transfer and withdrawal of funds, the percentage of which increases depending on the number of tokens available to the investor, an increase in the interest rate on cashback and crypto deposits, and even an option to get an instant loan: the amount of loan available to the investor, again, will depend on the size of its investments in the project, increasing in accordance with the number of tokens available.
PXP token is used as a payment instrument in the system of PointPay Bank. An expanded range of banking services provided on the most favorable terms, including operations with both fiat money and cryptocurrencies, will undoubtedly increase the demand for the PXP token, increasing its value – therefore, investors who invested in the project at the initial stage will receive the greatest profit. Every year PointPay will distribute 10% of its profits among investors.
Tokenized Assets Trading With the PointPay Crypto Exchange platform
The PointPay team believes that the investment process should be more democratic and accessible to the vast majority of people who want to increase their funds.
Investors who have cryptocurrencies in their asset portfolio do not have the opportunity to trade on world financial markets by investing in conventional asset classes. They are – shares of world famous companies (Apple, Microsoft, Tesla), index funds (S&P 500, Nasdaq 100), ETF-funds (Financial Select Sector SPDR Fund, Invesco QQQ, VanEck Vectors Gold Miners ETF), raw materials (gas, gold, crude oil), etc.
Therefore, PointPay issues several thousand tokens of a special kind that will correspond to one or another type of traditional assets. Trade in such assets will occur in the same way as trading in cryptocurrency on any exchange:
- Fiat pay-ins and pay-outs
- Tokenized assets trading (stocks, indices, commodities)
- Daily crypto back to PXP holders
- Four-level referral system and referral exchange
- Leveraged trading (1:10) 24/7 support
PointPay Multi-currency Wallet
Now you can send and receive crypto and fiat currency to other members of PointPay platform. Enjoy secure, fast transactions with our lowest fees!
- Multicurrency crypto and fiat accounts
- Security and anonymity
- Virtual crypto portfolio
- Instant exchange
- Cryptocurrency payments
- Instant deposits/withdrawals in EUR, USD, GBP, JPY, CHF SPV architecture
- Payment Code ID Easy to use
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. We 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. We are currently conducting a crowdfunding campaign through the sale of 500,000,000PXP tokens in order to raise funds for the development of fully functional versions of our products. Their first versions are already ready for use and can be tested by our potential investors just right now!
The Solution to the "Crypto Assets Depreciation" Problem
The Solution to the "Crypto Assets Depreciation" Problem
The PointPay cryptocurrency platform team formulated its proposals on how to solve this problem and outlined 3 consecutive steps. On the one hand, these proposals will allow traders and holders to gain access to the extended user functionality and make the funds aimlessly stored on the crypto wallets work. On the other hand, the project will be given the opportunity to grow from the traditional, conforming to today's tough security requirements, the exchange to the cryptocurrency analogue of PayPal, which can rightly be called a crypto bank of the 21st century – PointPay Crypto Bank. So:
1.Issue of 500,000,000 PXP tokens based on the ERC-20 smart contract;
2.Creation of a platform with the ability to purchase tokens, sales revenue of which will be allocated for development of products;
3.Building of a closed-loop ecosystem consisting from the PointPay Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet. Calculation functionality of these products will be tied to PointPay tokens to make a valuable payment unit from them.
This will be simultaneously implementing both with obtaining licenses from financial regulators, and developing functional for a daily cryptoback accrual to PXP token holders. Hence, it will be a significant technological aid for building the PointPay Crypto Bank. Page 7
This will be simultaneously implementing both with obtaining licenses from financial regulators, and developing functional for a daily cryptoback accrual to PXP token holders. Hence, it will be a significant technological aid for building the PointPay Crypto Bank. Page 7
Disadvantages of Existing Crypto Banks. Why is the PointPay Crypto Bank the best?
Cryptocurrency and blockchain ecosystem is rapidly gaining popularity among users all over the world. While there are many separate platforms on the market allowing buying, trading, selling and managing cryptocurrencies, there is definitely a void in terms of having a platform with “All-in-one” approach. As seen from the comparative analysis table below, the major market players are heavily focused on providing a limited array of services and there is a definite lack of a user-friendly “all inclusive” platform. PointPay Crypto Bank (“PPCB”) will be a part of the “All-in-one” utility token-based blockchain ecosystem, provide cryptobanking services one would find readily available in fiat currencies.
We are building PPCB to breach the gap between the convenience of cryptocurrencies and functionality of a traditional bank. PPCB will be filling this underserved niche by offering everyday users a full spectrum of banking services. The goal is to build a convenient, intuitive online banking platform, so even a non-technical user can benefit from all the services PPCB has to offer without the complications, currently associated with the blockchain technology.
Benefits of PointPay Crypto Bank over Conventional Banking
Research by Deutsche Bank shows that the number of cash payments worldwide is steadily declining, while the 4percentage of non-cash payments is constantly increasing – electronic money is gradually replacing paper money, and no one will be able to stop this process: for example, in the US, as of 2015, only slightly more than 20% of consumer payments were made in cash, and in Sweden, according to 2016 data – less than 10%: in this Scandinavian country, the sign ‘’we do not accept cash’’ has become normal. But progress does not stand still: payment cards are being replaced 5by mobile applications installed in smart phones, and good old fiat money gives way to cryptocurrencies. The latter is due to a combination of various factors, including the natural human desire not to feel ‘’closely watched’’, to preserve at least partly the anonymity of their financial transactions: de jure, it is a constitutional right of every citizen, de facto the case is different.
The dizzying growth of the bitcoin exchange rate was one of the reasons for the cryptocurrency boom in 2017. Ironically, it is because of this that the share of bitcoin in the total market capitalization has rapidly decreased – from more than 80% in June 2016 to less than 40% in December 2017: hundreds of new coins and tokens appeared, and some of them managed to win a place under the sun.
This being said, using the same bitcoin's case a curious fact can be stated: the number of transactions with its use is constantly growing and in 2017 exceeded 100 million, but at the same time, this very impressive figure is still very far behind the indicators of fiat payment systems (PayPal – about 6 billion transactions, direct bank payments just in Germany – more than 10 billion, VISA – 141 billion according to 2016).
This leads to the logical conclusion: the crypto-currency market has a huge, almost inexhaustible potential for further growth, and the project that will be the first to be able to offer its customers a "turnkey" working system that provides not only standard opportunities typical for the usual fiat Internet banking, but also significantly expanding their list, will certainly be ‘’on the crest of the wave’’ and will interest potential investors with a combination of prospects for obtaining considerable income in a relatively short time with the obvious reliability and durability of its business model. This is confirmed, among other things, by the amount of levies of those token sale projects that tried to set themselves similar 6tasks: Cryptopay – 51 million dollars, Crypterium – 18 million, ChangeBank – 17.5. Though, none of these projects is a cryptobank in the full sense of the word: services such as depositing and transferring money from one's account to another, traditionally provided by the banking sector, have not yet been brought to the implementation stage.
Not far off is the moment when any cryptocurrency asset will become a universal means of payment, which will be able to pay for anything – from a cup of coffee to a new apartment. Those who bring this moment closer, already today realizing what others will only think about tomorrow, will undoubtedly benefit.
The PointPay Team strives to be one step ahead of competitors and intends to create a bank of the future, where mutual settlements of customers will be extremely simplified by eliminating bureaucratic and geographical restrictions that are inevitable for conventional banks, as well as minimizing the time spent on transfers of funds and commissions due to the absence of the need for the maintenance of numerous banking personnel – all operations are carried out by the user in a virtual personal account through his mobile or desktop device.
The dizzying growth of the bitcoin exchange rate was one of the reasons for the cryptocurrency boom in 2017. Ironically, it is because of this that the share of bitcoin in the total market capitalization has rapidly decreased – from more than 80% in June 2016 to less than 40% in December 2017: hundreds of new coins and tokens appeared, and some of them managed to win a place under the sun.
This being said, using the same bitcoin's case a curious fact can be stated: the number of transactions with its use is constantly growing and in 2017 exceeded 100 million, but at the same time, this very impressive figure is still very far behind the indicators of fiat payment systems (PayPal – about 6 billion transactions, direct bank payments just in Germany – more than 10 billion, VISA – 141 billion according to 2016).
This leads to the logical conclusion: the crypto-currency market has a huge, almost inexhaustible potential for further growth, and the project that will be the first to be able to offer its customers a "turnkey" working system that provides not only standard opportunities typical for the usual fiat Internet banking, but also significantly expanding their list, will certainly be ‘’on the crest of the wave’’ and will interest potential investors with a combination of prospects for obtaining considerable income in a relatively short time with the obvious reliability and durability of its business model. This is confirmed, among other things, by the amount of levies of those token sale projects that tried to set themselves similar 6tasks: Cryptopay – 51 million dollars, Crypterium – 18 million, ChangeBank – 17.5. Though, none of these projects is a cryptobank in the full sense of the word: services such as depositing and transferring money from one's account to another, traditionally provided by the banking sector, have not yet been brought to the implementation stage.
Not far off is the moment when any cryptocurrency asset will become a universal means of payment, which will be able to pay for anything – from a cup of coffee to a new apartment. Those who bring this moment closer, already today realizing what others will only think about tomorrow, will undoubtedly benefit.
The PointPay Team strives to be one step ahead of competitors and intends to create a bank of the future, where mutual settlements of customers will be extremely simplified by eliminating bureaucratic and geographical restrictions that are inevitable for conventional banks, as well as minimizing the time spent on transfers of funds and commissions due to the absence of the need for the maintenance of numerous banking personnel – all operations are carried out by the user in a virtual personal account through his mobile or desktop device.
More details in the table below:
Deutsche Bank analysts believe that cryptocurrencies, like fiat money, can and should be used both for making payments and for saving accumulated funds. As part of the implementation of the road map, PointPay Crypto Bank plans to offer its customers both the first and the second opportunity, thereby creating serious competition to traditional banking institutions.
PointPay Platform Investor Preferences
Token holders who have invested significant amounts in PXP will receive tangible preferences when working with the system, including an increase in the service speed, a discount on the exchange, transfer and withdrawal of funds, the percentage of which increases depending on the number of tokens available to the investor, an increase in the interest rate on cashback and crypto deposits, and even an option to get an instant loan: the amount of loan available to the investor, again, will depend on the size of its investments in the project, increasing in accordance with the number of tokens available.
PXP token is used as a payment instrument in the system of PointPay Bank. An expanded range of banking services provided on the most favorable terms, including operations with both fiat money and cryptocurrencies, will undoubtedly increase the demand for the PXP token, increasing its value – therefore, investors who invested in the project at the initial stage will receive the greatest profit. Every year PointPay will distribute 10% of its profits among investors.
Tokenized Assets Trading With the PointPay Crypto Exchange platform
The PointPay team believes that the investment process should be more democratic and accessible to the vast majority of people who want to increase their funds.
Investors who have cryptocurrencies in their asset portfolio do not have the opportunity to trade on world financial markets by investing in conventional asset classes. They are – shares of world famous companies (Apple, Microsoft, Tesla), index funds (S&P 500, Nasdaq 100), ETF-funds (Financial Select Sector SPDR Fund, Invesco QQQ, VanEck Vectors Gold Miners ETF), raw materials (gas, gold, crude oil), etc.
Therefore, PointPay issues several thousand tokens of a special kind that will correspond to one or another type of traditional assets. Trade in such assets will occur in the same way as trading in cryptocurrency on any exchange:
1.A trader comes to the exchange with fiat and cryptocurrency funds;
2.The trader buys tokenized assets that are traded on the PointPay crypto Exchange platform (transactions can occur not only at the expense of own funds that are on the account balance, but also using leverage in the ratio 1 to 10);
3.PointPay buys the asset class selected by the trader on Capital.com;
4.The trader sells a tokenized asset that is on his balance, or keeps it until it grows in price;
5.The trader withdraws the money earned to his account in the cryptobank.
PointPay Security Notes for Bitcoin and Ethereum
Currently, the legislations of many countries are still formulating provisions regarding the legal status of cryptocurrencies. In this regard, it is especially important for crypto-industry to be within the legal framework – only a complete legislative settlement can attract a significant number of institutional investors to the industry. PointPay plans to issue bank securities, or security notes, for the most popular crypto-assets – such as, for example, Bitcoin PointPay Security or Ethereum PointPay Security. This will make it possible to display assets on the bank account balance not only in the PointPay Crypto Bank, but also in other banks around the world.
Currently, the legislations of many countries are still formulating provisions regarding the legal status of cryptocurrencies. In this regard, it is especially important for crypto-industry to be within the legal framework – only a complete legislative settlement can attract a significant number of institutional investors to the industry. PointPay plans to issue bank securities, or security notes, for the most popular crypto-assets – such as, for example, Bitcoin PointPay Security or Ethereum PointPay Security. This will make it possible to display assets on the bank account balance not only in the PointPay Crypto Bank, but also in other banks around the world.
ROADMAP
TEAM
ADVISOR
MORE INFORMATION :
Website : https://pointpay.io/
Telegram : https://t.me/pointpay_talks
Telegram : https://t.me/pointpay_talks
Twitter : https://twitter.com/PointPay1
Whitepaper : https://cdn.pointpay.io/WhitePaper__en.pdf?cache=1.4
Youtube : https://www.youtube.com/channel/UCS-_VDX97myxM5yLPYezH-w
Facebook : https://www.facebook.com/PointPayLtd
AUTHOR:
Username : yehestielsiburian
Whitepaper : https://cdn.pointpay.io/WhitePaper__en.pdf?cache=1.4
Youtube : https://www.youtube.com/channel/UCS-_VDX97myxM5yLPYezH-w
Facebook : https://www.facebook.com/PointPayLtd
AUTHOR:
Username : yehestielsiburian
Link : https://bitcointalk.org/index.php?action=profile;u=2112339
Erc20 : 0x7c66F494cD26b7bc6878137c7e0F896907B3acD4
Erc20 : 0x7c66F494cD26b7bc6878137c7e0F896907B3acD4
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