Payaccept: Mission to change the way citizens of the world interact with blockchain technology and traditional finance.
With the ability to transparently share information and data in real time, save space, and highly secure, blockchain technology is one of the breakthrough technology trends, with wide applicability in many industry, field. In the financial sector, with blockchain, participants only need to build a network of ledgers to share all transaction information, when one member updates the information, all other members are allowed to see, read…
Blockchain brings us many useful solutions for the financial industry, it is bringing the first widely known useful application from blockchain technology, perhaps Bitcoin and virtual currencies. And I think you all see its value. However, when you use services in Blockchain will also encounter this problem, which is participating in the Blockchain economy through the use of cryptocurrency trading platforms and crypto wallets. And you will need some procedure to be able to do it, which means delegating to a certain party. But this is certainly not completely safe. There is a risk if it is a scam service.
With PayAccept believes that companies and individuals should retain sole management authority over their funds and not place responsibility for the management of private keys to third parties. This is due to the fact that if the third party fails or goes into a scam mode, all money could be lost. Also, this contrasts with the decentralized nature of Blockchain.
From the perspective of a user, I can see but there is a lot of attention to it. Because according to the updated information about Payaccept has been confirmed listed on many exchanges. This will attract quite a lot of people as most of us are interested in what the virtual currencies will look like when available on exchanges. The project’s validation shows reassurance and it will certainly have good trading volume on exchanges.
To clarify why they were able to do that, I went into detail why the project reached such early deals.
About
From the information obtained, Payaccept is a decentralized financial company (DeFi) and blockchain technology headquartered in the Netherlands providing clients with processing, financing, lending, and card issuance services. and risk management with cryptocurrencies and cryptocurrencies. PayAccept is developing a decentralized crypto asset wallet and various technology solutions for merchants to accept payments in multiple currencies worldwide. This is an all-in-one cryptocurrency wallet, using highly secure cold storage technology, allowing users to manage and trade different cryptocurrencies between different blockchains.
PayAccept will provide an easy to understand, intuitive interface through which users will be able to transfer and receive a myriad of cryptocurrencies and decentralize responsibility within teams if needed while still having full money management and protected from network attacks. PayAccept is being built with the in mind of crypto mass adoption. Understanding the fundamental technologies that make up the blockchain economy and digital infrastructure at an advanced level is not a requirement for customers and new market entrants.
Features
Powered by Raiden:
PayAccept is the first wallet which will integrate the Raiden network, to execute instant CEX-like transactions, while running as a DEX and swap assets between users.
Connect Bank Accounts:
You can connect bank accounts to the PayAccept platform for fiat deposits, withdrawals, and exchange them for cryptocurrencies.
Cold Storage:
User fund security is paramount to us, which is why the PayAccept wallet utilizes cold storage technology to store funds offline.
Private keys:
The PayAccept wallet is non-custodial, you generate your own private keys.
Become your Point-of-Sale (POS):
The PayAccept mobile application can be used as a payment terminal to accept payments from anyone on the go.
Reach new audiences and build your community:
Increase your target audience, communicate with them directly, and build your community.
A single unified interface and platform:
The platform’s role is to present customers with a unified interface to manage their asset classes and to give access to a wide array of services denominated in fiat and cryptocurrencies.
Liquidity:
Support payments in several currencies and instantly converted it into one. Pay any bill at any time with any currency, crypto, or fiat. Send in one currency and receive in another for the ultimate crypto functionality. Gift cards, or refillable cards directly into fiat currencies and vice versa? We got you covered.
Blockchain-powered Accounts:
The platform enables virtual joint multi-asset accounts without ever moving fiat from the bank or crypto from the exchange. The security, transparency, and immediacy of blockchain will afford customers and investors the rights and protections demanded by European regulators.
Regulatory compliance:
Crypto and fiat assets in these virtual joint accounts will be seamlessly and instantly interchangeable by users while maintaining full compliance with applicable regulations.
That is considered a feature that will make users happy and trust the Payaccept’s service.
Token
Token symbol PAY or PAYT
Token Price (in ETH): 1 ETH = 1000 PAY
Total supply Max 45M
Circulating Supply Available after IEO
Budget & Spending:
30% Team and Market Management
30% Developments
25% Marketing & Awareness
15% Reserve
PAY Utility Token:
Lower fees: Enjoy a discount on all transaction fees
Pay ECOsystem: Priority access to new features and information
Global VIP invitation: Participate in PAY’s forum and impact PayAccept strategy
PAYnodes: Use PAY to deploy a PAYnode (more information to be provided)
Crypto-Backed loans: Use PAY to unlock the savings & loan section
Airdrop: Receive free airdrops for listed coins and tokens
Discount: Deploy services on the PAY network with discount
I see the appeal of Payaccept tokens, with a small aggregate supply I think its value would be great if it appeared on exchanges. At present, Payaccept is aiming to attract more investors to soon reach the set hard cap.
Roadmap
Here’s the program that Payaccept has been implementing in 2020:
April 14th, 2020 Registered Office in the Netherlands
April 20th, 2020 Launch PAY (ERC20) Token
June 12th, 2020Launch PAY Pre-sale
June 15th, 2020 Kickoff Marketing
June 30th, 2020 Amazing, the figures of our first marketing round:
- 25400 Telegram members
- 15300 Twitter followers
- 10000 Facebook followers
- 8000 Linked followers
- 6500 Youtube subscribers!July 1st, 2020 Pre-sale closed!
July 7th, 2020 Listing on UNISWAP, within 24 hours 100k$ volume.
Go to UniswapAugust 14th, 2020 Launch PAY IEO on ExMarkets
August 20th, 2020 Preparing EMI/MTF license if soft-cap (100k$) is reached
August 28th, 2020 Second IEO round as Direct Sales on the webpage
August 30th, 2020 Purchase of an existing (private bank) if hard-cap is reached
September, 2020 Launch of PoC — Decentralized wallets with atomic swaps
September, 2020 Listing and staking starts on 10 exchanges
September, 2020 Pre-registration starts for credit/debit cards
September, 2020 Token distribution
October, 2020 Launch of mobile wallet for iOS and Android
October, 2020 Deployment of first PayAccept terminals
November, 2020 Series A seed investment round on OTC markets
November, 2020 Start of DeFi borrowing and lending platform
December and so on, 2020 Expanding worldwide and introducing extra services like insurances
Conclusion
I think this is quite a potential project, and I also see that PayAccept’s founding team owns and operates a successful crypto exchange, digital wallet and powerful blockchain. Hopefully, their experience with this market will help them build their projects to be strong.
Social links of the Payaccept:
Website: https://www.payaccept.net
Facebook: https://www.facebook.com/payaccept.net/
Twitter: https://www.twitter.com/payaccept
Medium: https://medium.com/payaccept
Linkedin: https://linkedin.com/company/payaccept
Telegram: https://t.me/payaccept
Author of article:
Username BTT: Ringolovekiwi
Profile BTT: https://bitcointalk.org/index.php?action=profile;u=2703274
ETH Wallet: 0x9802430be7698f2bedb6ce4cc1a45c6ee4b88e52