AMEPAY logo
Website

AMEPAY (AME)

ICO

AMEPAY is a cryptocurrency-based payments alternative that is fast, convenient, and secure. AMEPAY eliminates the complexity, high-costs, and delays that are familiar to the present system and replaces it with a simple, affordable, and quick network.

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Overview

Project industryExchanges & Wallets
Product typeCryptocurrency
FoundedIndia
WhitepaperAMEPAY White Paper Open

What is AMEPAY

AMEPAY is an upcoming payment solution provider that will harness the power of blockchain technology and cryptocurrency to offer merchants and customers around the world a completely decentralized and optimized transaction mechanism.

Our comprehensive solution will help merchants digitize their products and services while enabling users to enjoy efficient and instant payment transactions. An in-built loyalty program is implemented to further incentivize both the merchants and customers.

The enterprise oriented offering we provide consisting of blockchain-enabled POS software and hardware solutions offer merchants a competitive advantage and enable them to accept crypto-to-fiat payments easily.

As an established POS brand already powering 1500+ merchants, our goal in the short term is to extend our services to reach more than 1 million businesses in the South Asia region within the first year of launch.

We will utilize blockchain technology extensively for the following core functions:

  • Transaction Database: All payment records will be stored in a secure, encrypted, and immutable format.
  • Funds Transfer: Users can settle transactions using the AME token.
  • Cross-border Transactions: Users can transfer funds without incurring high costs
  • Loyalty Program: Users obtain AME tokens as rewards with usage
  • Details

    Public sales: Sep 21, 2020 - Oct 31, 2020
    Token supply: 1,500,000,000 AME
    Total tokens for sale: 630,000,000 AME
    Hard cap: 12,600,000 USD

    Legal

    Blockchain Platform: Ethereum
    Registration country: United States
    Office address: 30 N Gould St, STE R, Sheridan, Wyoming – 82801 USA
    India The Workvilla, 306, Kamala Arcade, Anna Salai, Thousand Lights, Chennai - 600006
    Malaysia 1-23-5, Menara Bangkok Bank, Berjaya Central Prak, Jalan Ampang, Kualalampur - 50450
    Hongkong 21st Floor, CMA Building, No.64, Connaught Road, Central, Hong Kong
    Singapore No.7, Temasek Boulevard, #12-07, Suntec Tower One, Singapore – 038987

    Token info

    Ticker: AME
    Token standard: ERC20
    Token price in USD: 1 AME=0.02 USD
    Accepted currencies: BTC, ETH, XRP
    Token distribution:
    Token Sale (Private & Public) - 42%
    Rewards - 30%
    Founder Team - 12%
    Marketing & Advisory- 10%
    Reserved for Development - 6%
    Funds allocation:
    Platform & Core Product Development - 55%
    Marketing & Business Development - 10%
    Operations - 10%
    Exchange Listing - 10%
    Reserve - 8%
    Legal - 7%

    AMEPAY Roadmap

    1
    2019 Quarter 3
  • Announcement of AMEPAY project
  • Finalization of market research
  • 2
    2019 Quarter 4
  • Development of the platform starts
  • 3
    2020 Quarter1
  • Development of AMEPAY Whitepaper
  • AMEPAY IEO details developed
  • 4
    2020 Quarter 2
  • AME Tokens minted on Ethereum Blockchain
  • 5
    2020 Quarter 3
  • AMEPAY platform enters beta testing phase
  • Launch of Cloud Interface for AMEPAY
  • 6
    2020 Quarter 4
  • On-boarding AMEPOS Merchants on to AMEPAY platform
  • Establishing Partnerships with leading business houses
  • Expanding AMEPAY in Asian markets
  • 7
    2021 Quarter 1
  • Audits of Blockchain & Payment network scheduled
  • Draft strategy to venture into European & African markets
  • 8
    2021 Quarter 2
  • Building AMEPAY's own Blockchain
  • AMEPAY platform enters beta testing phase
  • Multi-cryptocurrency support in AMEPAY wallet
  • 9
    2021 Quarter 3
  • Exchange services in AMEPAY platform & wallet
  • Launch of AMEPAY E-commerce platform
  • Project team

    Javed Mohamed
    Javed Mohamed
    Founder & CEO
    Javed Mohamed linkedin
    Kamalakannan Venkatraman
    Kamalakannan Venkatraman
    Co Founder & COO
    Kamalakannan Venkatraman linkedin
    Obinna Orji
    Obinna Orji
    Regional Manager
    Obinna Orji linkedin
    Joseph Swartz
    Joseph Swartz
    Product Specialist
    Joseph Swartz linkedin
    Apoorv Gupta
    Apoorv Gupta
    Chief Marketing Officer
    Apoorv Gupta linkedin
    Shohel Alam
    Shohel Alam
    Chief Strategy Officer
    Shohel Alam linkedin
    Milojko Gavrilovic
    Milojko Gavrilovic
    Lead Developer
    Milojko Gavrilovic linkedin
    Iremide Larry Aina
    Iremide Larry Aina
    Core Developer
    Iremide Larry Aina linkedin
    Mark Cropper
    Mark Cropper
    UI Developer
    Mark Cropper linkedin
    Joaquin Hernandez
    Joaquin Hernandez
    Business Development Manager
    Joaquin Hernandez linkedin
    Aimal Abbas
    Aimal Abbas
    Marketing Associate
    Aimal Abbas linkedin
    Wealth Sam
    Wealth Sam
    Content Specialist
    Wealth Sam linkedin

    Advisors

    Maskal Boipai
    Maskal Boipai
    Business Consultant
    Maskal Boipai linkedin
    Mazhar Khan
    Mazhar Khan
    Listing Consultant
    Mazhar Khan linkedin
    Nicola Massella
    Nicola Massella
    Legal Consultant
    Nicola Massella linkedin
    Noel Alejandro
    Noel Alejandro
    Digital Advisor
    Noel Alejandro linkedin
    Pawel Doleglo
    Pawel Doleglo
    Strategic Advisor
    Pawel Doleglo linkedin
    Felix Ashu
    Felix Ashu
    Venture Capital Advisor
    Felix Ashu linkedin
    Oksana Belousova
    Oksana Belousova
    Marketing Advisor
    Oksana Belousova linkedin
    Young Choe
    Young Choe
    Technical Advisor
    Young Choe linkedin
    Emanuele Ferrari
    Emanuele Ferrari
    Project Advisor
    Emanuele Ferrari linkedin

    Social media

    AMEPAY web-siteAMEPAY RedditAMEPAY MediumAMEPAY TelegramAMEPAY InstagramAMEPAY BTCTalkAMEPAY LinkedInAMEPAY X (Twitter)AMEPAY Facebook

    MVP

    App storeGoogle Play

    One Response

  • Maria SchuesslerFebruary 9, 2021 at 6:41 am

    Really? You are tying the token to all these actions a user can make in the payment system. So either you need to make sure that this token doesn’t rise in value (or reduce the token cost of operations over time), both of which makes the ICO a donation. Or it actually rises in value and makes acting in your system impossible (too costly) over time. This is crap.

    Reply
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