PointPay is a London-based blockchain project, the core of which is comprised of technology and marketing specialists from Russia. The startup raises money through the sale of PXP tokens to develop a one-stop-shop for everyone who wants to pay, trade, or store cryptocurrencies.
The ultimate goal of PointPay is to create the three-faceted ecosystem on the foundation of the Ethereum blockchain. The ecosystem will consist of a bank, an exchange, and a multi-currency digital wallet.
The PointPay Bank will be capable of granting users loans in PXP, the projects native token compliant with the ERC-20 standard, as well as other popular cryptocurrencies. The project also plans to issue the virtual and physical debit/credit cards that work with both crypto and fiat. The Bank will also have a crypto Forex trading feature.
The PointPay Crypto Exchange will support cryptocurrency trading against fiat, along with futures, stocks, spot, and margin trading with a 1:10 leverage. In addition, the Exchange will have its own launchpad to facilitate token offerings by the emerging blockchain projects.
The PointPay Multicurrency Wallet that’s suitable for both fiat and cryptocurrencies and allows instant deposits in USD, EUR, and CNY. There is also a possibility for instant conversion of funds within the Wallet.
The PointPay project is currently conducting the first round of sale of PXP token, which commenced on July 22 and is due to last until March 23, 2020. It will be followed by two more ICO rounds, the first of which will begin on March 23 and end on November 23, 2020. The last round of the PXP token sale is scheduled to commence on the same date and run until July 23, 2021, thus completing the year-long ICO. The price of PXP will differ from round to round, and will be the following:
The event also provides for a token bonus, though there are no specifics to be found on the official website. PointPay offers 500 million PXP for sale, which constitutes 50% of the total supply. All unsold tokens will be effectively burned. 42% of acquired funds will be allocated for the platform and app development, 40% will be used for marketing and branding purposes. The fundraising goals of PointPay looks the following:
PXP tokens can be purchased with BTC, ETH, XRP, BNB, LTC, XLM, USDT, BCH, TRX, and EOS. The investment threshold is a mere $0.1. All interested buyers must get whitelisted and pass KYC. Crypto enthusiasts from Cuba, Iran, Lebanon, Syria, Libya, Sudan, Somalia, North Korea, and Yemen will not be admitted to the token sale.
| Pre-Ico Start date | May 22, 2019 |
|---|---|
| Pre-Ico End date | July 21, 2019 |
| Industry | Finance |
| Platform | Ethereum |
| Founded | 2019 |
| Website | https://pointpay.io/ |
| Whitepaper | Yes |
| Countries | UK |
We list the most relevant upcoming crypto market ICOs from the industry leaders
WINBIX is an e-trading platform produced in 2018 by a group of digital entrepreneurs, software developers, and marketers from the Russian Federation. The Ethereum blockchain served...
1 days left
The emerging blockchain technology is slowly but surely infiltrating almost every industry there is. With innovative and improved solutions for all kinds of problems, this technology interests even those who are highly skeptical of cryptocurrencies.
3 days left
StableDex is one of the first decentralized platforms, among the existing cryptocurrency exchanges, that focuses its operations on providing the services of peer-to-peer conversion of stablecoins in order to mitigate the volatility risks inherent to conventional cryptocurrencies, thus raise the appeal of the crypto space for the hesitant investors.
3 days left
VOLUM is a holding company that offers a multifunctional blockchain-enabled B2B solution applicable across numerous industries, with a special emphasis being placed on the companies that experience issues related to logistics and supply chain management...
3 days left
| Start | July 22, 2019 |
|---|---|
| End | July 22, 2021 |
| 298 days left | |
| Token | PXP |
| Soft cap | $1 000 000 |
| Hard cap | $30 000 000 |
| Minimum investment | 0.10 USD |
| Tokens for sale | 500000000 |
| Accepting | BTC, ETH, XRP, BNB, LTC, XLM, USDT, BCH, TRX, EOS |
I like this project, but especially I respect their team. These guys are so professional and talented. And I’m so happy that the project is run by them. Good luck and thank you for such an incredible platform!
Michael August 18, 2020 Reply
In the past, I was skeptical too. I started to use PointPay after airdrop when I get free tokens. But then I’ve understood they combine all the best features from both DeFi (P2P payments, crypto-backed loans) and from centralized banks (% interests for crypto). It is a really all-in-one crypto ecosystem. I am sure they will be popular in Europe very soon.
Paulo August 6, 2020 Reply
I like the idea of having four products in one system. It’s very comfortable and easy to trade on their platform. Behind this wonderful project works a very friendly and professional team. I asked for a call with CEO and Mr Svyatov contacted me the next day. He was very nice and explained me everything I needed. Project and team are recommended and trusted.
Liam August 3, 2020 Reply
