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Prontapay (PRO)

ICO

Parontapay (PRO) is a Smart Legal Invoice (SLI)™ payment system that will utilize smart contracts & blockchain technology.

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Overview

Project industryFinance Services & Banking
Product typePlatform
FoundedUnited Kingdom
WhitepaperProntapay White Paper Open

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.

 

Details

Pre-sales: Apr 14, 2018 - Jun 14, 2018
Public sales: Jul 01, 2018 - Aug 01, 2018
Pre-sale token supply: 25000000
Token supply: 50000000
Soft cap: 500,000USD
Hard cap: 15,000,000USD

Legal

Blockchain Platform: Ethereum
Registration country: United Kingdom
Office address: 220 The ValeLONDONENGLAND

Bounty

Bounty: 2%
Translation: 3%
Social media: 31%
Bitcoin talk signature campaign: 50%
Other: 15

Token info

Ticker: PRO
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 PRO = 0.19041308 USD
Token price in ETH: 1 Token = 0.000286 ETH
Accepted currencies: ETH
Bonus program:
0-5M PRO - 100%
5M-25M PRO - 40%
25M-50M PRO - 25%
50M-75M PRO - 10%
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

Prontapay Roadmap

1
End of 2018

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.

2
First quarter of 2019

The second phase will be the implementation of our mobile interface that we hope to have live by the first quarter of 2019.

3
Second half 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.

Project team

Keith Black
Keith Black
Co-Founder & Director
Keith Black linkedin
Alexander Hambi
Alexander Hambi
Co-Founder & CEO
Alexander Hambi linkedin
Daniella Coliba'
Daniella Coliba'
CFO
Daniella Coliba' linkedin
Paul Spencer
Paul Spencer
Lead Developer
Paul Spencer linkedin
Kaushik Ghosh
Kaushik Ghosh
Blockchain Developer
Kaushik Ghosh linkedin
Eric Afriyie
Eric Afriyie
Marketing & Business Analyst
Eric Afriyie linkedin
Brook Hanley
Brook Hanley
Administrative Services
Brook Hanley linkedin
Alvin Nascimento
Alvin Nascimento
Financial Operations Manager
Alvin Nascimento linkedin

Advisors

Tim Rainer
Tim Rainer
Founder Blockscart
Tim Rainer linkedin
Shaf Madina Zaman
Shaf Madina Zaman
Marketing & ICO Specialist
Shaf Madina Zaman linkedin
Muhammad Azam
Muhammad Azam
BlockChain / Business Adviser
Muhammad Azam linkedin

Social media

Prontapay web-siteProntapay RedditProntapay MediumProntapay TelegramProntapay BTCTalkProntapay X (Twitter)Prontapay Facebook

One Response

  • CryptoShamanJune 14, 2018 at 8:01 pm

    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.

    Reply
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