PayVX logo
Website

PayVX (PVX)

ICO

PayVX service builds a secure bridge and creates a trust relationship between both parties for online business transactions.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industryFinance Services & Banking
Product typePlatform
WhitepaperPayVX White Paper Open

What is PayVX

PayVX reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses funds when both Buyers and Sellers are satisfied.

  • Buyer and Seller agree to terms - Either the Buyer or Seller begins a transaction. After registering at PayVX, all parties agree to the terms of the transaction.
  • Buyer pays PayVX (escrow) - The Buyer submits a payment by approved payment method to our secure Escrow Account, Escrow.com verifies the payment, the Seller is notified that funds have been secured 'In Escrow'.
  • Seller ships/deliver merchandise or service (website for example) to Buyer - Upon payment verification, the Seller is authorized to send the merchandise or service and submit tracking information. PayVX verifies that the Buyer receives the merchandise.
  • Buyer accepts merchandise - The Buyer has a set number of days to inspect the merchandise or service and the option to accept or reject it. The Buyer accepts the merchandise or service.
  • PayVX (escrow) pays the Seller - PayVX releases funds to the Seller from the Escrow Account.

    • The key element of the PayVX platform is PVX - the asset based on ERe20 standard. The PVX tokens are available for purchase through the personal account when the user registers on the platform by means of the internal account («wallet») of the platform. PVX is used to create nodes of trust in the platform. PVX is used to ensure the right to decide as well as to receive profit of every successful trade.

    Details

    Pre-sales: Mar 20, 2018 - Apr 20, 2018
    Public sales: May 01, 2018 - Jul 04, 2018
    Pre-sale token supply: 250,000,000
    Token supply: 550,000,000
    Hard cap: 25,000,000 USD(fiat)

    Token info

    Ticker: PVX
    Type: Utility-token
    Token price in USD: 1 PVX = 0.1 USD
    Accepted currencies: BTC ETH LTC
    Bonus program:
    phase 1 bonus is 25 %
    Token distribution:
    80% - Presale and ICO Backers
    10% - Reserved for the Team
    6% - Bonuses
    4% - Bounty/Referrals
    Funds allocation:
    65% Project Development and Design
    10% Sales, Marketing, Advertising and Sales Management
    10% Operational Costs (Equipment, Office rentals, Servers, Etc)
    5% Administrative Expenses
    5% Legal Consultation/Expenses
    5% Redundancy Fund

    Social media

    PayVX web-sitePayVX MediumPayVX TelegramPayVX LinkedInPayVX X (Twitter)PayVX Facebook

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