PointPay is creating a fundamentally new product that combines three services in a single closed-loop ecosystem: PointPay Crypto Bank

With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, PointPay is creating a fundamentally new product that combines three services in a single closed-loop ecosystem: PointPay Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet.

"Bitcoin was primarily created as a peer-to-peer system based on blockchain technology to avoid banks. Here, transactions take place directly between users without the need for an intermediary. Network nodes verify transactions and records them in a publicly distributed ledger called a blockchain. Since the system has no central repository / single administrator, Bitcoin is the first decentralized cryptocurrency in existence. Since then, other cryptocurrencies like Ripple, Monero, Litecoin, Etherium, etc. have been introduced to market.

Incumbents have always had their issues with disruptors. But the truth of the matter is, one must learn to change with the times; it is either innovate or perish. While it stands true that blockchain technology stands to wipe out a lion’s share of a bank’s income, banks should realize that they can leverage the power to blockchain to introduce new products and offerings that would replace old revenue streams. The world is turning digital, there are no two ways about it and like it or not, we are living in a digital matrix."

What exactly is POINTPAY?

As depicted above and as indicated on the official whitepaper of POINTPAY, PointPay is creating a fundamentally new product that combines three services in a single closed-loop ecosystem: PointPay Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet.

In addition, PointPay has business contacts with more than 50 banks and 25 payment systems, as well as 20 lawyers who deal with issues of licensing cryptobusiness. PointPay have 4 years of experience in supporting the functioning of payment systems, including signing contracts, working with banks, working with other payment systems, paying out funds, and building complex payment schemes. PointPay are currently conducting a crowdfunding campaign through the sale of 500,000,000 PXP tokens in order to raise funds for the development of fully functional versions of the products.

About The PointPay Ecosystem

Token Details

PointPay Token will be released based on the Ethereum platform and fully comply with the ERC20 standard. This will ensure security of the transactions, compatibility with the third-party services and will provide seamless and easy integration.

Soft cap: $1,000,000

Hard cap: $30,000,000

Symbol: PXP (PointPay token)

Total supply: 500,000,000

Unsold tokens: to be destroyed

Retail price: 1 PXP = $0.10

Funds Allocation and Token Distribution