ICO PayPro - 1st financial marketplace as a DAO.

ICO PayPro - 1st financial marketplace as a DAO. - http://www.payproapp.com/
How it works :
In order to accomplish this goal, an universal wallet will be build to store the most popular crypto-currencies and ERC-20 token.
To deal with the problem :
During the world recession on 2007-2008, the banks hodl all the information and users are not able to take objectives decisions. The center of the relationship with banks is not the client but the bank itself. A lot of neo-banks appear but they still have not managed to avoid the main problem with banks; centralization of services.
The solution :
A financial market place where any dApp can offer its financial service, based on four axis :
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.
PayPro is re-imagining how banking could look like thanks to Satoshi’s view on decentralization. In order to do so, PayPro believes that the portfolio of financial services offered to a client can not be centralized in any way, otherwise there is no guarantee for the user that a bank will only look after their interests.
PayPro will not offer any financial service. Instead of that, PayPro will open the doors of its market place so any financial Decentralized-Application (dApp) can offer its services. PayPro will not have any right to decide what dApp should be in and which one should be out. This is why PayPro has built an amazing decentralized rating system that allows the community to rate dApps. By doing this, it will let the community to manage the marketplace by itself.
If PayPro accomplishes this, the next time you look for an insurance or a credit, for instance, you could find 100+ companies offering the service that you are looking for. Thus, PayPro will make financial suppliers to struggle on improving their services so they can finally become the one you choose.
At the end, PayPro is creating an eco-system where competition is promoted, which results in better quality services for the user. Exactly the opposite of what currently happens with any form of bank, either traditional banks or decentralized banks (also called neo-banks and / or crypto-banks).
HISTORY PAYPRO
PayPro was born in 2015 as an online tool for making payments in 25 currencies saving up to 90% on hidden bank fees. We got regulated by the Financial Conduct Authority, raised two funding rounds of €750,000 in totaland spent a little bit more than a year in the market. We managed to process € 500,000 per month, which is not bad at all compared to the early beginnings of Kantox or Transferwise, for instance.
From that experience, we soon learned that the payments / banking industry was totally outdated. Thus, we soon realized that we had to make a step forward if we wanted offer a truly disruptive value proposition if we wanted to change the industry. This is why we started to listen to the market, talk with industry’s experts and do a lot of test and fail. And this is how we created PayPro: the first decentralized bank built.
What is PayPro?
PayPro is a decentralized bank created to manage other eco systems where prices are given to new structures because of Smart Contracts. Therefore, PayPro is a commercial center associated with decentralization where each dApp can post its administration. We are also building a Wallet where clients have the capacity to store digital money forms and sign the ERC-20.
After we collect PayPro, clients will be fit to get rid of ETTH, BTC or GAS, for example, and utilize a commercial center to incorporate resources into the crowdfunding stage, for example. In addition, offers earned from interest in these token types will also be removed in PayPro. Therefore, all individual crypto and liability sources will be invited to talk on PayPro.
With the raise of Ethereum, we found that Blockchain isn’t just implied to change the present installment organize yet in addition to change our whole biological system. Similar standards of Blockchain can be connected to property possession, advanced character, store network, protection or clinical trials, for case. From my point of view, this new comprehension of how Blockchain can be utilized on account of Smart Contracts will be the beginning stage of making a Computerized Legal System.
This new worldview will make new needs that will be looking for new arrangements. At PayPro, we unequivocally trust that this future is close also, subsequently, we need to position ourselves in the bleeding edge by conveying a arrangement that will facilitate the change from the old to the new worldview.
What is DAPP?
PayPro’s commercial center will work as a decentralized app, also known as dApp. As per David Jonhston, a dApp must meet several criteria to consider for all things to consider:
=> Applications must be produced open source, need to work by itself and the larger token part can not be controlled by the elements. In addition, proposed upgrades and market criticisms may be adjusted in the convention.
=> Keeping in mind the ultimate goal of obtaining an application and to compensate for award commitments from miners or customers, a cryptographic token is essential.
=> Token must be created as proof of appreciation generated on the application.
=> Decentralized blocks should be used to store information and records of operations keeping in mind the ultimate goal of avoiding major disappointment issues.
THE PRODUCT
We understand that the core functionality of PayPro has to be its capacity to store currency-value and spend it. Otherwise there is no point of storing value if it can not be used. For that reason, we have built the banking platform first.
  1. A marketplace. A wallet
    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.
In order to accomplish this goal, we are building first a universal wallet that will be capable to store most popular crypto-currencies and any ERC-20 token. As soon as we have released the wallet, we will build the marketplace.
Stage 1 : Wallet
Our first stage of development after closing the Token Sale will consist on integrating Ethereum in order to build a Wallet. This wallet will be capable of storing all popular crypto-currencies and ERC-20 tokens.
Stage 2 : Marketplace
After the wallet has been built, we will start working on the first decentralized financial-marketplace. We believe decentralization must occur at two different layers;
On the one hand, our marketplace is going to be built on Ethereum as Decentralized Autonomous Organization (DAO).
On the other hand, PayPro will not be offering any service or creating a portfolio of services. Instead of that, we invite any financial dApp to offer its services with no screening process. Thus, we aim at creating an environment where all dApps will be competing for becoming the user’s supplier for each service
How it Works?
  1. Review
    Please, review our white paper and understand the terms of investment. Do not hesitate to contact us if you have any queries.
  2. Whitelist
    In order to be able to join our ICO, it is mandatory for us that you fill our know-your-customer form.
  3. Agreement
    Send your ETH from your MyEtherWallet, not an exchange. Once the campaign is closed, we will send you your tokens.
Token Sale Summary
Name : PayPro Token
Symbol : PYP
Pre-sale period : January 8th to January 15th, 2017
Pre-sale terms : Min investment of 15 ETH
Pre-sale bonus : Bonus of up to 35%
Main Sale period : January 15th to January 31st
Main sale terms : Min investment of 0.5 ETH
Main sale bonus : 1st 24 hours 20%
1st week 15%
2nd week 10%
Exchange rate : 1 ETH : 500 PYP
Limits : 20,000 ETH (Hard Cap) or EUR 5,000,000.00 depending on exchange rate.
Accepted currencies : ETH only
Token holder benefits : Decision & Economic rights.
% of Token sold : 40%
Nationality : Anyone except Singapore, Estonia and the US due to legal restrictions or countries trade sanctioned by the US.
Allocation
On April 2017 we decided it was time to evolve, thus we conceived how banks in the future should look alike.
We expect to launch the marketplace on July 2018. In the meanwhile, the wallet will be periodically updated so new features can be added.
On January 15th of 2018 the main sale of our ICO will be launched. Minimum investment will be set at 0.5 ETH.
On January 8th of 2018, we will launch the pre-sale of our Initial Coin Offering in order to distribute the PayPro Token (PYP).
As part of our development plan, we have released the foundations of our universal wallet, which can already store Bitcoins.
TIMELINE PAYPRO

TEAM PAYPRO
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https://bitcointalk.org/index.php?action=profile;u=1043526
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