Hello everyone in this article I will present an interesting ICO analysis, called Prontapay, based on some of the following criteria:
What is the Prontapay Platform?
Prontapay is the world's first Smart Legal Invoice (SLI) payment system built on the Ethereum network that rewards businesses and customers each time an invoice is payable using our unique smart invoice system.
We use smart contracts and blockchain technology to help businesses of all sizes get paid more efficiently, on time and create a more stable, secure, and secure invoice ecosystem.
By creating our revolutionary intelligent legal invoices (IDD) that can be prioritized anytime now or in the future and use legally binding legal contract codes on customers, and then utilize blockchain to validate transactions and facilitate instant automatic payments using cryptographic currencies, Prontapay will aim to revolutionize the world of invoices forever.
Please see our whitepaper for full description.
The current invoice system used by most companies is flawed, slow and expensive with some payment providers charging up to 3.5% to facilitate payments or monthly fees with fixed-term contracts, also leaving many loopholes for late payments and default, the cost of time and money trying to recover the debt that is legally theirs in the first place. Some companies end up spending more than the invoice balance for legal fees and litigation, and in some extreme cases eventually get out of business for not paying. .
Prontapay will be a revolutionary invoicing payment platform built on blockchain technology that will use smart contracts & smart legal code to create our trademarked Legal Intelligence (SLI) ™ invoices. Companies will be able to create and send smart legal invoices (SLI) ™ using our desktop or mobile interfaces to customers quickly and easily request payments for services or goods automatically or on a specific date specified by them. Each invoice will be sent on blockchain and enter a smart code of law that will make invoices once received are part of a more legally binding agreement between the company & payer.
Our Smart Legal Invoice (SLI) ™ will automatically be debited from the customer's Ether wallet at an agreed date, as the nature of the transaction crypto currency will be lightning fast and costs a fraction of the price that traditional companies charge to facilitate payments.
Any transaction that uses Prontapay incurs a 1% transaction fee, which is much cheaper than the cost of its competitors. The Prontapay solution is up to 66% cheaper than the alternatives.
After each successful invoice processed on the Prontapay platform, we will reward businesses & customers with Pro Pay coins to further encourage future use of Prontapay.
The Prontapay platform will launch in three phases moving gradually towards full platform integration, first of all our beta version will go live by the end of 2018 allowing selected companies to test prebapay platform & send Smart Legal Invoices & accept payment.
The second phase is the implementation of our mobile interface that we expect to live in the first quarter of 2019.
The third & final phase is the launch of a full prontapay platform in the second half of 2019 that allows bulk integration for SMBs to start using the platform.
Our vision is to be the world's first blockchain Invoicing solution to truly cross into the main system & help businesses of all sizes get paid more efficiently, on time and create a more stable and secure secure invoice ecosystem.
How it works
- KEY INFORMATION ABOUT PRO PAYMENTS ONLY
- Total Supply 250,000,000
- Supply Available 75,000,000
- Soft-Cap $ 500,000
- The main target is $ 15,000,000
- Tokens Distributed Immediately *
- Standard Token ERC-20
- Open Date April 14, 2018
- Initial Base Rate 1 ETH = 3500 (PRO).
WHAT IS PRO PAY COINS?
After each successful invoice transaction on Prontapay Platform, both the publisher and the payer will be rewarded in ProPay Coin.
ProPay Coin will have real utility on the Prontapay Platform and unlock additional features and benefits, some of which include: discounted invoice rates, advanced accounting features and promotions.
ProPay Coin is built on the latest ERC20 protocol, it will have great benefits like:
Eliminating the missing coin problem.
Allows Developers to handle incoming Token transfers.
Save energy by being a one-step process for transferring tokens to contracts, this will save gas and block bloated chains.
Roadmap Finance & Development
The core team
To contribute and Know the progress of this offer, you may visit some of the following Links:
The bitcointalk name: Aray80