Website

PointPay (PXP)

ICO

Last updated: Sep 13, 2023

First Worldwide Working Crypto Bank Ready and Live, Live Working Fiat Exchange, Live Working Fiat Wallet, and Live Payment System, Debit and Credit Cards.

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 industry	Finance Services & Banking
Product type	Platform
Founded	Estonia
Whitepaper	Open
Onepager	Open

Technical details

PointPay Crypto Bank A new direction in the crypto market: manage, save and grow your capital with PointPay. We are building a unique all-in-one solution for the global market. - Low fees - Fast transfers worldwide - No currency restrictions - Virtual, debit and credit, fiat and cryptocurrency.

What is PointPay

PointPay is a cutting-edge financial platform that brings together a wide array of services within a cohesive ecosystem. Our offerings encompass a cryptocurrency exchange, a crypto bank, and an extensive set of integrated features, all designed to provide users with seamless and hassle-free experiences in buying, selling, investing, and trading cryptocurrencies.

In addition to these services, PointPay ensures the secure storage of funds through interest-earning savings accounts and staking options, offering users robust financial security. The PointPay token, PXP, enhances user benefits by reducing fees, simplifying payments, and providing lucrative staking opportunities.

Details

Pre-sales: May 22, 2019 - Jul 21, 2019
Public sales: Jul 22, 2019 - Jun 30, 2021

Legal

Blockchain Platform: Ethereum
Country limitations: Cuba, Syria, Libya, Sudan, Somalia, North, Korea, Yemen, Saint, Vincent & the Grenadines
Registration country: Estonia
Registration year: 2018

Token info

Ticker: PXP
Type: Cryptocurrency
Token standard: ERC-20
Accepted currencies: BTC, ETH, BCH, BNB, LINK, LTC, DAI, PXP, XRP, USDT, XAUT, TRX, USDC, UNI
Token distribution:
50% - To be sold
30% - Reserve (unused tokens will be burned at the end of ICO)
10% - Team tokens
6% - Maximum allowance for high-volume investment bonuses
4% - ICO referral program
Funds allocation:
42% - Product app development
2% - Bounty program
5% - Reserve (to be allocated towards product development after all expenses are paid)
11% - Legal and licensing
40% - Marketing and branding

PointPay Roadmap

Q2 2018

PointPay.io platform started

Q3 2018

Main site created
Common ecosystem infrastructure plan created
Blockchain listener for transactions completed

Q4 2018

PointPay whitepaper, one-pager, pitch deck created
PointPay is added to major rating agencies lists
PointPay promotional video created

Q1 2019

Authentication form created
Community of supporters created
Token sale form created

Q2 2019

All social media accounts created
Announcement in social media made
PointPay Live Roadmap created

Q3 2019

Unified registration infrastructure completed
PointPay Crypto Exchange launched
PointPay Crypto Wallet launched

Q4 2019

PointPay Blockchain-based bank launched
PointPay is elected the best blockchain start-up 2019 at Blockchain Life
PointPay token (PXP) integrated into Bank, Exchange and Wallet

Q1 2020

PointPay Payment System with buy option launched
Sell option added to PointPay Payment System
Payment System connected to Bank, Exchange and Wallet

Q2 2020

MoonPay, Indacoin, Mercuryo with worldwide debit and credit card coverage integrated into PointPay Payment System
Home pages are added to all products
PointPay Crypto School created

Q3 2020

One-click instant transfers between all the products implemented
Release of mobile banking applications for Android and iOS
Markets overview integrated into PointPay Crypto Exchange
Lower transaction fees on a progressive scale for PointPay (PXP) token holders within the whole ecosystem implemented
PointPay complies with PCI DSS
Discounts to PXP token holders for internal transfers within the ecosystem

Q4 2020

Launch of PointPay CryptoLoan module
Adding sell function to PointPay Payment System
Adding Exchange to mobile crypto banking applications
Adding loan module to mobile crypto banking applications
SEPA payments accessible for PointPay customers

Q1 2021

VISA Crypto Debit Card available for order at PointPay
Sending the funds to unregistered users via email (‘PointPay me!’ function on Bank)
Withdrawals in fiat to debit and credit cards via PointPay Payment System
Increasing of trading pairs on the Exchange
SEO optimization of all products
Invoice system on PointPay Bank
Creation of PointPay blog

Q2 2021

International Banking License Application started
Login via QR-code feature deployed to the PointPay website
PNL analysis on apps and website
New countdown released on the website, iOS and Android app
Increased site's speed and performance
Added instructions for withdrawals on Bank, Wallet and Exchange
Advanced transaction history on Android and iOS apps created
Innovative PointPay platform released
Notifications added on Bank, Wallet, Exchange, Payment System and main page
Total balance tab added to PointPay Bank, Exchange, Wallet, Payment System
Crypto invoices added in PointPay Banking app for iOS
Notification for receiving crypto added at PointPay Payment System
Local currency equivalent added on the 'Balance', 'Send' and 'More' screens at PointPay Banking App for iOS
Synchronization for default currency between iOS and Android apps as well as website implemented
Backend for one-click internal transfers on the website is ready
Backend for implementation GraphQL technology for displaying balances from Bank, Exchange and Wallet is ready for PointPay Banking App for iOS
Login via QR-code feature deployed to the PointPay website
Local languages added for automatic notifications via email
Raised up node for BNB coin
Hungarian Forint (HUF), Armenian Drams (AMD), Moldovan Leu (MDL) integrated in PointPay Payment System
Login via QR-code is available on PointPay Banking App for Android and iOS
Balance of PointPay Bank, Exchange and Wallet is available on the Balance screen in PointPay Banking App for Android and iOS
One line Profit & Loss analysis on PointPay is released for web version of the PointPay platform
Released total balances of all PointPay products for Android crypto banking app
Binance coin (BNB) integrated into the web version of PointPay Bank, PointPay Exchange, PointPay Wallet and PointPay Banking apps for iOS & Android
Released new payment system with technical capability to choose payment partners

Q3 2021

Transfers between all products added in Android app
One-click transfers added
Security feature added: protected time after password change
2FA security feature via email and Google Authenticator in app
PXP staking program launched
PXP token listed on Bithumb Global exchange
Full-featured PNL analysis added for iOS (v6.0.0)

Q4 2021

Integration of SWIFT payments
Added an ability to list other projects and tokens on the platform
Integration of ACH Payments
Added fiat/crypto payment service — Simplex
Release of PointPay Advanced Exchange
PXP token listed on the Bittrex exchange
PXP token listed on the Bitrue exchange
PXP token listed on the Whitebit exchange
Release of the redesigned Classic Exchange
Integration of KYC procedures

Q1 2022

Classic Exchange in PointPay app
Quick Exchange 2.0 Release
Ability to download P&L tax report for users
Integration of AdvCash
Integration of Simplex
Redesign of PointPay app
Addition of News block to PointPay app
Integration of virtual Crypto Debit Card to PointPay app — coming in Q2
Redesign of products' landing pages
Simplification of the Payment System flow
Release of PointPay Launchpad
NFT Partnerships — coming in Q2
PXP listing on WhiteBIT

Q2 2022

Seamless payments via MoonPay, Itez, Transak
Launch of a daily marketing email
Addition of the Voting module to PointPay Launchpad
Integration of Changenow
Release of the Classic Exchange in PointPay app
Home page redesign 3.0
Integration with BitGo
Integration with Finery
Release of PointPay Escrow
Integration with Fireblocks
Unified balance for all products
Refactoring of PointPay Crypto School
50+ trading pairs
Addition of the Buy PXP page

Q3 2022

New CryptoLoans flow
20+ supported cryptocurrencies
100% native functionality of the web features in PointPay app
Complete redesign of the web interface
Refactoring of PointPay CryptoBank, PointPay Wallet, and PointPay Payment System pages
Maintaining major fiat for buying and selling crypto
Release of PointPay HR Talent
Release of PointPay P2P
Voting function on PointPay Launchpad

Q4 2022

Launch corporate accounts to provide business clients with access to PointPay services
Launch trading competitions to facilitate the listing of cryptocurrency projects on the PointPay Exchange
Develop the Trading API to implement an automated trading strategy
Implement Lifetime Achievement Awards for Traders to encourage using the PointPay platform
Implement Trader Levels so that users can receive discounts on trading fees based on the number of PXP tokens in the account

Q1 2023

Refactor the trading core to scale to one million simultaneously active traders
Introduce the switching between blockchain networks
Improve the account recovery process
Refactor Registration and User verification pages for an easier and more secure process
Integrate seamless payments in the PointPay Payment System to improve user experience
Add ACH Transfer Methods to expand the number of payment methods available on the PointPay platform
Add Wire Transfer Methods to expand the number of payment methods available on the PointPay platform

Q2 2023

Develop an email confirmation of a new device upon login, in order to improve the security
Significantly improve the public API
Release Launchpad 2.0 with new fundraising and voting flow to enhance the user experience
Increase the number of trading pairs
Release Spot Trading v 2.0 to increase speed and accuracy of order execution
Release version 3.0 of the website
Release version 3.0 of the app
Include trading competitions functionality
Add new version of the KYC, compliant with the EU’s MiCA regulations

Q3 2023

Implement PXP utility in all products to provide our traders and investors with more perks and bonuses
Implement conversion of small balances to PXP to increase the utility of PointPay token
Refactor the History of Transactions to improve user access to their account history
Refactor Referral Program to encourage PointPay customers to share our products and services with their network
Relaunch Quick Exchange with improved functionality to enable novice users to trade on the PointPay platform easily
Implement Margin trading so that users can increase their profits from successful trades
Launch a marketing campaign to increase our customer base

Q4 2023

Obtain additional crypto licenses in other jurisdictions to operate worldwide as a crypto exchange and wallet operator
Obtain a Banking license to allow our blockchain-based bank to conduct business with individuals and companies worldwide
Complete the PointPay ecosystem to complete the existing solutions so that we can meet the highest user expectations
Relaunch improved P2P and other refactored products to provide users with a broad range of innovative crypto services
Implement Futures trading to offer traders and investors the opportunity to profit even when markets fall
Implement Options trading to add another dimension to our Exchange, offering our users a new way to diversify their investment portfolio
Integrate Recurring Payments so that our users can seamlessly introduce subscriptions for their products and services by accepting periodic payments from customers