 | Prontapay (PRO) |
Parontapay (PRO) is a Smart Legal Invoice (SLI)™ payment system that will utilize smart contracts & blockchain technology.
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What is Prontapay
Smart Legal Invoice will be automatically debited from the customers Ether wallet on the agreed date. Every transaction that uses Prontapay incurs a 1% transaction fee. After every successful invoice that is processed on the platform, Prontapay will reward both business and customer with Pro Pay coins to incentivize the future using of Prontapay.
All Smart Legal Invoices will be set up to form a legal and binding invoice that will hold proof of liability by storing smart contract code on the blockchain.
Programmed into every Smart Legal Invoice will be the order to send an email 24 hours before payment is due to be debited.
If the payment is called for by the smart contract and the balance is not available to process the SLI, then the invoice will automatically be recalled every 24 hours for 7 days.
Prontapay Roadmap
The Prontapay platform will be rolled out in three phases moving incrementally towards full integration of the platform, firstly our beta version will go live at the end of 2018 allowing pre-selected businesses to test out the prontapay platform & send out Smart Legal Invoices & receive payments.
The second phase will be the implementation of our mobile interface that we hope to have live by the first quarter of 2019.
The third & final phase will be the release of the full prontapay platform in the second half of 2019 allowing mass integration for SMEs to start utilising the platform.
Token Sale Dates
Presale Period
ICO
Token Allocation
Funding Details
Token distribution
30% - Token Sale
30% - Retained Reserve
18% - Management and Employees
10% - Bonuses
9% - Bounties and Referral Programs
3% - Airdrop and Promotional
Funds allocation
30% - Marketing
30% - Development
20% - Operations
10% - Legal Governance and Audit
10% - Contingency
Token Price and Payment Options
Project team
Advisors
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About Prontapay
Companies of all sizes are crippled with cash flow problems such as cash flow problems, late payments or non-payments of invoices from customers. Such problems are blacking companies of all sizes and become a major contributing factor in causing insolvency or bankruptcy. Prontapay aims to solve such problem by introducing the revolutionary smart legal invoice.
This Blockchain is a smart contract based invoice solution. Prontapay will not only secure more companies getting paid on time, but it will also save the money on transaction fees. All invoices, no matter how much or where in the world they are coming from, will only be charged at 1% transaction fee. This is up to 66% cheaper than traditional methods. Prontapay will reward both invoice issuer and invoice player every time an invoice is paid with Propaycoin for free further incentivizing the platform.