POINTPAY - The Cryptocurrency bank platform and blockchain ecosystem based on "All-in-one" utilities

Crypto industrial ecosystems develop rapidly. It becomes interesting not only for investors who attract cryptomarket as a way to get maximum profit in the shortest possible time, but also for ordinary users who offer cryptocurrency for fast transaction functionality, anonymous calculations and nothing to do with anything. 

The Cryptocurrency Platform, PointPay notes that some people like "unlimited finance". The number of people who actively use cryptocurrency continues to grow and move the psychological mark of 50 million people. The dynamic growth of Cryptocurrency numbers is also fast. If in 2010 the number of cryptocurrency can be counted on one hand, then in 2018 it will be counted more than 2000 and has more than 2,500 by the end of the year.1 It is necessary to explain this virtual bridge that is supported by a cryptocurrency blockchain and provides a platform to buy and sell it. But at the same time, the number of crypto transitions, daily trading volume that exceeds US $ 1,000, is far less - only around 200.2 

This fact can be quite translated: it differs from the small amount of funds needed to issue tokens or coins themselves according to smart contracts - the cost of making various crypto funds to increase the yield of the euro. It's expensive - so, not every Crypto entrepreneur can afford to pay this amount of money.

In addition, using cryptocurrency as an ideal target for hackers has been supported by a total of 3.3 billion. The question of which crypto transportation is used to support funds or trade remains open. No one gives a 100% guarantee of funds security. Security is one of the main points of concern for traders. In addition, crypto-community calls to do the core of the cryptocurrency ecosystem with enhanced user functionality. 

People ask to integrate not only traditional currency pairs with exchange rate charts, but also other sophisticated tools, where movement funds will be tied. That will automatically resolve the deficit liquidity problem. Such needs have long been delayed in the crypto community. No doubt will praise the team of innovators, who will not only offer a safe platform for trading and storing crypto currencies, but also develop the functionality to invest in crypto banks specifically made for this. 

Solution to the "Crypto Asset Depreciation" Problem 

The cryptocurrency team platform, PointPay, formulates proposals on how to solve problems, and outlines 3 complete steps. On the one hand, this proposal will facilitate traders and holders to gain access to the user functionality provided and make funds available without a crypto transport wallet. On the other hand, this project will be given the opportunity to grow from traditional, in accordance with difficult security requirements now, transitioning to analog PayPal cryptocurrency, which can be appropriately called 21st century crypto bank -

PointPay Crypto Bank. So:

1. Issue of 500,000,000 PXP tokens based on ERC-20 smart contract; 

2. Making a platform with the ability to buy tokens, sales revenue to be allocated for product development; 

3. Build a closed loop ecosystem consisting of PointPay Crypto Bank, PointPay Crypto Exchange platform and PointPay Multi-currency Wallet. 

The functionality of calculating these products will be calculated with PointPay tokens to make valuable payment units from them. This will be published by the financial regulator, and will develop functionality for daily cryptoback for PXP token holders. Therefore, this will be a significant technological assistance to build PointPay Crypto Bank. 

Existing Crypto Loss Bank. 

Why is PointPay Crypto Bank the best? Cryptocurrency and the blockchain ecosystem are rapidly gaining popularity among users around the world. Even though there are many platforms that divert on the market that enable the purchase, trade, sales, and management of digital currencies, there must be a vacuum in terms of having a platform by obtaining an "All-in-one". As can be seen from the comparative analysis table below, market players are very focused on providing limited service connections and there is a clear lack of user-friendly "all inclusive" platforms. 

PointPay Crypto Bank ("PPCB") will be part of the blockchain ecosystem based on the "All-in-one" utility, providing cryptobanking services that will be available in paper currency. We are building PPCB to open a gap between the convenience of cryptocurrency and the functionality of traditional banks. PPCB will fill this underserved niche by offering users complete services equipped with banking every day. The aim is to build a convenient and intuitive online banking platform so that non-technical users can also benefit from all the services offered by PPCB without complications, which are currently related to blockchain technology. 

Benefits of PointPay Crypto Bank from Conventional Banking 

Research by Deutsche Bank shows that the number of cash payments worldwide is steadily declining, while the 4 percentage of non-cash payments is constantly increasing – electronic money is gradually replacing paper money, and no one will be able to stop this process: for example, in the US, as of 2015, only slightly more than 20% of consumer payments were made in cash, and in Sweden, according to 2016 data – less than 10%: in this Scandinavian country, the sign ‘’we do not accept cash’’ has become normal.  

But progress does not stand still: payment cards are being replaced 5 by mobile applications installed in smart phones, and good old fiat money gives way to cryptocurrencies. The latter is due to a combination of various factors, including the natural human desire not to feel ‘’closely watched’’, to preserve at least partly the anonymity of their financial transactions: de jure, it is a constitutional right of every citizen, de facto the case is different.  

The dizzying growth of the bitcoin exchange rate was one of the reasons for the cryptocurrency boom in 2017. Ironically, it is because of this that the share of bitcoin in the total market capitalization has rapidly decreased – from more than 80% in June 2016 to less than 40% in December 2017: hundreds of new coins and tokens appeared, and some of them managed to win a place under the sun.  

This being said, using the same bitcoin's case a curious fact can be stated: the number of transactions with its use is constantly growing and in 2017 exceeded 100 million, but at the same time, this very impressive figure is still very far behind the indicators of fiat payment systems (PayPal – about 6 billion transactions, direct bank payments just in Germany – more than 10 billion, VISA – 141 billion according to 2016). 

This leads to the logical conclusion: the crypto-currency market has a huge, almost inexhaustible potential for further growth, and the project that will be the first to be able to offer its customers a "turnkey" working system that provides not only standard opportunities typical for the usual fiat Internet banking, but also significantly expanding their list, will certainly be ‘’on the crest of the wave’’ and will interest potential investors with a combination of prospects for obtaining considerable income in a relatively short time with the obvious reliability and durability of its business model.  

This is confirmed, among other things, by the amount of levies of those token sale projects that tried to set themselves similar 6 tasks: Cryptopay – 51 million dollars, Crypterium – 18 million, ChangeBank – 17.5. Though, none of these projects is a cryptobank in the full sense of the word: services such as depositing and transferring money from one's account to another, traditionally provided by the banking sector, have not yet been brought to the implementation stage.  

Not far off is the moment when any cryptocurrency asset will become a universal means of payment, which will be able to pay for anything – from a cup of coffee to a new apartment. Those who bring this moment closer, already today realizing what others will only think about tomorrow, will undoubtedly benefit.  

Trading Patented Assets with PointPayPlatform Crypto Exchange

The PointPay team believes that the investment process must be more democratic and accessible

for most people who want to increase their funds.Investors who have cryptocurrency in their asset portfolios do not have the opportunity to trade on the world financial market by investing in conventional asset classes. They are - shares of world-renowned companies (Apple, Microsoft, Tesla), index funds (S & P 500, Nasdaq 100), ETF funds (Select Sector Financial SPDR Funds, Invesco QQQ, VanEck Vector Gold Miners ETFs), raw materials (gas, gold , crude oil, etc. 

Therefore, PointPay issues several thousand tokens of a special type that will suit one or other types of traditional assets. Trading these assets will occur in the same way as trading crypto currencies at each exchange:

  1. A trader comes to the exchange with fiat funds and cryptocurrency;
  2. Traders buy tokenized assets that are traded on the Cryptocoin PointPay platform (transactions can occur not only at the expense of their own funds in the account balance, but also use leverage in ratios 1 to 10);
  3. PointPay buys asset classes chosen by traders at Capital.com;
  4. Traders sell token assets that are in balance, or store them until the price rises;
  5. Traders withdraw money obtained from their account in Cryptobank.

So, this looks like the following: 

Note PointPay Security for Bitcoin and Ethereum

At present, laws in many countries are still formulating provisions regarding legal statuscryptocurrency. In this case, it is very important for the crypto industry to be within the legal framework - only a complete legislative settlement can attract a large number of institutional investors to the industry.PointPay plans to issue bank securities, or securities, for the most popular crypto assets - such as, for example, the Security of Bitcoin PointPay or Ethereum PointPay Security. It will be possible to display assets on balance bank accounts not only at PointPay Crypto Bank, but also in other banks throughout the world. 

PointPay Ecosystem





Legal and Compliance Roadmap

Price Principles and Related Information PXP Tokens

Budget allocation

PointPay token distribution: 

To see the Point Point project, please see here: https://cdn.pointpay.io/WhitePaper__en.pdf?cache=1.4

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