F i nanci a l infr ast ruct u r a l P a yall pla t form

Transcription

1 F i nanci a l infr ast ruct u r a l P a yall pla t form

2 investment scheme, nor does it require the registration at or approval of the Monetary Authority of Singapore. Participants are encouraged to read this document carefully and reveal due care when investing. The below information may be not exhaustive and it does not imply any elements of contractual arrangements. Although we advisory. This document does not guarantee or accept any legal liability of any type arising from or related to the accuracy, reliability, relevance or completeness of any material contained tokens need to contact their respective independent consultants before relying on or taking any obligations or transactions based published for informational purposes solely. PLL Tokens are not considered securities in any jurisdiction. its purpose is not to serve as a proposal for a security or an investment request in the form of securities within any jurisdiction. to accept legal obligations regarding the sale or purchase of PLL tokens, as well as to accept any crypto currency or other form of payment. You do not have the right to and should not buy PLL tokens if you are a citizen, individual or resident of any type of the People s Republic of China, Estonia, and Singapore. PLL Tokens purchased by you must not subsequently be resold on the secondary market to a citizen, individual or resident of any type of the People s Republic of China, Estonia, or Singapore.

3 Financial infrastructural PayAll platform Annotation 4 Introduction 1.1 Existing problems 1.2 The solution of existing problems Platform Description 2.1 Wallet 2.2. Payment System 2.3 Payment cards 2.4 Stock market 2.5 Loan services 2.6 Deposits 2.7 Investment Products 2.8 Rating Agency 2.9 Escrow Agency Investors 3.2 Projects 3.3 Platform 3.4 For participants Token trading 18

4 ANNOTATION Blockchain is a distributed database that has proved its worth by growing worldwide interest. Blokchain creates a new paradigm of relations between people, excluding from this process intermediary services, subject to manipulation. However, such a sharp transition in the spheres of business management in the structures and services around the blockchain leads events tell us - the transition should be smooth. projects is gaining more and more popularity. The amount of money entering the economy, therefore, is also increasing from year to year and already estimated in billions of US dollars. But not everything is so smooth. People are used to treating projects as investments, and they are waiting for the protection of their money. No regulators - no protection. Meanwhile, the classical scheme of attraction of investments - crowdfunding, has proved its viability and has a global reach, also stands in the way of global change, adjusting to a new paradigm of e-commerce. PayAll - keeps pace with the times, the market picks up movement, combining the best of both worlds and will aide to everyone in the development of the new economy.

5 INTRODUCTION year of its existence, E-Coin assembled an army of 100,000 users from more than 130 countries around the world, and the monthly volume of transactions grew to $ 2 million. services and the most advanced solutions and technologies. Convenience of payments, transfers, loans in the world still leaves much to be desired. Even more problems arise when the cryptocurrency is added to this. In addition, owners of cryptocurrencies want to participate in various kinds of crowdfunding campaigns and again meet obstacles. The reliability of projects and their control become an unbearable burden. For growing investment of this kind, common sense and accurate calculation is not keeping up with. There are too many ideas appear on the market, and it is physically impossible to keep track of the purity of the project team s intentions and the working capacity of the business plan. Investors are trying to diversify their risks and invest in the maximum number of companies without regard, thinking, the stock will rise and I will instantly become rich. Blockchain will really allow companies with multibillion-dollar capital to appear. This does not exclude the emergence of unfair projects that can, at the start of their fundraising campaign, plan to withdraw money after the end of the ICO and disappear, without responsibility for the non-return of these funds to investors. After receiving the entire amount immediately, these companies most likely will be lazy and unwilling to implement the

6 probability of it is not 100%, while ICO funds are already on hand.as can transactions. The fastest growing audience is smartphone users. From 2013 to 2017, people access the Internet from smartphones more often - an increase of 16% per year. At the same time, the number of citizens using stationery computers for Internet access decreased by 4% and tablets by 8%. The growth of new Internet users among people who did not use the Internet, until comfortable handheld devices appeared increased by 24%. The number of mobile Internet users as a whole increased by 9% over the year, the number of Internet users - by 2%. An increasing number of mobile banks appear every day. There are even banks that have no other management interfaces in addition to the mobile application. Waves Platform increased the volume of token trading in its decentralized DEX stock market, simply by adding the ability to manage orders from a mobile phone. On the other hand, the inability to restore passwords and the inconvenience of studying all the features of crypto wallets, as well as the issue of legalization of cryptocurrencies, is a restraining concept of money surrogates directly including cryptocurrencies there. the bill was destined to fail. The suspended state of the cryptocurrency will not last long. In Japan, cryptocurrencies were completely legalized. In Russia, a draft law on their legalization is being prepared. Currently, the European Parliament, as well as other governments around the world are actively developing new rules and guidelines for electronic services. This reduces legal uncertainty and encourages business to use the regulation of electronic IDs, electronic signatures (QES) and surety services aggregation as well as payment services, taking into account PSD2 directive. According we can observe small cryptocurrency use activity in the countries where cryptocurrency have not yet been legalized. A platform that will be ready to legalize crypto currency in such countries, perform control from one window, make transfers in one click, will be the most used platform in 2018.

7 1.1 EXISTING PROBLEMS 1. You cannot make a direct transfer from one cryptocurrency into another a cryptocurrency and vice versa country to another participation it is necessary to use a certain cryptocurrency, which is not on the wallet at the moment credit history and their history of cryptocurrency operations is not taking into account 6. Disparate sites with a list of projects entering the ICO, with paid placement of all projects without selection 7. Lack of trust in projects without an escrow and its control over the expenditure of funds during implementation of the project 9. High commissions for operations and long terms

8 1.2 THE SOLUTION OF EXISTING PROBLEMS Financial platform that combines all the known methods of interaction with the market. PayAll does not invent anything new, all these systems exist and ready for the integration into existing platforms. Today, to use applications in your phone, hundreds of sites in the network. through its token. Universal token is to be used for all operations, and its cost will grow in proportion to its number. Aggregation of existing systems and the focus on a regular user is the main recipe for the success of such a solution. Technology is to be introduced to carry out the transaction without markets and services belong to such transactions. All the conversions are done through the internal automated exchange. The system simply connects applications of two users and receives the the right application, it uses external services as a backup method. Security is to be provided by Multi-Sig approach and asynchronous encryption.

9 PLATFORM DESCRIPTION The platform consists of nine components. These products cover all the barriers. Geographical, social and legal obstacles have been overcame. Everyone has the right to participate in the global market processes. A single entry point, a low entry barrier for participation in investment 1. Wallet 2. Payment System 3. Payment cards 4. Stock market 5. Loan services 6. Deposits 7. Investment Products 8. Rating Agency 9. Escrow Agency

10 2.1 WALLET The single entry point - PayALL wallet, provides the convenience of managing on your mobile device and a website, instant conversion according to rate known in advance and high reliability. Wallet owners can access all other services simultaneously and control their entire portfolio from one control panel PAYMENT SYSTEM Performing payments from anywhere with the internet access in one click. Record transfer time. The recipient of your payment just needs to have any kind of cash account: currency or cryptocurrency. Payment of all kinds within three minutes! All online stores user payments happen under the hood and look instant. For e-commerce sites receiving payments in two clicks. With every payment, following chain of transformations takes place: the sender, original currency - PayAll token - the internal stock market - the target currency of the recipient. A PayAll token is involved in each action inside the system. 2.3 PAYMENT CARDS PayAll payment cards of own emission of the Visa and MasterCard systems tied to a personal wallets. Plastic and virtual, with the integration of cryptocurrency payments. All loyalty systems of Visa and MasterCard payment systems are included. They will supplement their own partners and cashback from 1% to 10% in the form of PayAll tokens. Use of the card improves the overall scoring issuance of lucrative loans, higher interest for deposits and others. 2.4 STOCK MARKET High-tech center, where all trade transactions are conducted on the basis of the latest information and technology solutions. A new level of stock market trade, with the support of modern types of stock market technologies. Support of proven forms and types of currencies, in particular cryptocurrency. All participants of the stock market in any part of the world have the opportunity to buy, sell and exchange one cryptocurrencies for others, or for currencies of other countries. Deposit of funds to the stock market from a personal account. The account

11 is tied to the card and the cryptocurrency address. Replenishment of cards in three ways: at the nearest ATM, transfer from another card, electronic payment terminals. The cryptocurrency address is used to replenish the account in the traditional way. Convenient ways of digital assets transfers, as well as the possibility of conducting transactions on your own terms. Conversion and trading of any digital assets. The internal exchange within the platform provides direct access to trading without intermediaries. PayAll s own tokens participate in every transaction, which increases their own capitalization. A simple and clear experience of trading, which is familiar to everyone who used ordinary crypto-exchange stock market. Users can trade any pair of tokens, the exchange will automatically conduct the transaction through an intermediate PayAll token. the stock market will constantly provide a high-quality service level that will attract new users to the system and ensure the growth of trade operations. 2.5 LOAN SERVICES Increase in the amount of investment. Consideration of the application within 10 minutes. Own scoring system: the more active and successful the user interacts with the system - the more the system encourages the user. The system increases the user s rating, which gives him access to better conditions and products. Users with a high internal rating are place, as well as more favorable conditions for deposits in the future.

12 2.6 DEPOSITS Depositors money turn into high-yield assets, by placing them in reliable investment projects. Members giving access to their savings account will receive a higher yield of 20-40% per year. Risks are assumed by the platform, so for users they are minimal. The capitalization of the entire platform is growing every day. Projects are developing, causing the trust of all of the new investors, which increases the weight of the investment portfolio as a whole. With each the reliability of the entire portfolio and the platform as a whole, and also guarantees the reliability of the deposit. 2.7 INVESTMENT PRODUCTS Each project is carefully selected. Own agency gives an advantage in speed and reliability, determining the level of projects study and its usefulness for investors. Cryptocurrency world crowdfunding is the project tokens release intended to pay for services or a product in the future in exchange for a cryptocurrency already valuable now. At the same time, unlike the IPO, token traders management decisions. This is another realization of the crowdfunding Companies investment speed is so high that the popular project launching a campaign for the ICO can immediately begin to develop these resources. from the resale of tokens at a higher price in the future, or to use their coupons in the future to get the service at a lower price. ICO is a transaction based on trust.

13 2.8 RATING AGENCY It is an own system of assessing and auditing. Own management team looks for and evaluates projects ready to enter its ICO. The audit is conducted in several directions, where the project receives a reliability assessment. The overall score is calculated on a tenaudit process. 2.9 ESCROW AGENCY A special tool for interaction between investors and projects is the escrow account mechanism. The funds are controlled by an escrow agent. This is a tripartite relationship in which investors money is to be transferred to a third party (escrow agent). An escrow agent can control tranches transaction online, being anywhere in the world. All movements from the account are visible in the public blockchain. Reports on the work done for the previous tranches are published by an escrow agent. Registration of the transaction usually takes from 5 minutes to 1 hour. 1. Projects introduce essential conditions for the future transaction at the stage of White Paper publication: delivery time, cost, quality criteria and the rest. The system generates a three-way smart contract and sends it to participants. It is important to parties to have consent for the transaction and indicate the required data at this stage.

14 2. Investors transfer cryptocurrency to a special escrow account, projects immediately see the receipt to the account. 3. After collecting funds escrow agent estimates whether doesn t comply with the conditions stated in White Paper it does not receive the next tranche, and the remaining cryptocurrency returns to investors. ESCROW AGENCY WILL PROVIDE: 1. Increasing projects trust rate, since the third party guarantor takes part in the transaction 2. The ability to perform a secure transaction anywhere in the world, from any computer or mobile device as the terms of execution control of transactions will be monitored and 3. Reduces the risk of investment for investors. The ideal picture becomes achievable up to 0.01%, which allows the investment portfolio. Projects that passed the rating receive additional points from the rating agency platform, if using the escrow agency. This also reduces risks. The selection of an escrow agent for the project is performed by interviewing potential investors and approved by the platform council. The choice is made in two ways. An impersonal choice based on the rating of agents, and personal, based on the trust of the respondents. Escrow agents are time-tested and recognized by the international community individuals.

15 BENEFITS FOR 3.1 INVESTORS PayAll token is the main currency of all systems, moving buy them before the price starts to rise After carrying out the PayAll crowdfunding campaign, it is planned to enter all known cryptoexchange stock markets The internal token participates in all transactions imperceptibly for the user, which increases the capitalization The platform has agreements on the intentions of cooperation with major partners, which is to be expanded The regulation of crypto-currencies will enter the white zone in most countries and increase trust to the cryptocurrency as well as increase the capitalization of the existing real blockchain solutions, like PayAll

16 3.2 PROJECTS Getting high scores and inclusion of trusted escrow allows the project to maximize the trust from the community and increase maximum fees Getting initial investment from the platform Getting a large loyal audience 3.3 PLATFORM Cost reduces when number of customers increased. Partners are growing very rapidly due to attractive pricing policy. The cost of external services will reduce as number of users will grow also this will enable options to provides additional bonus to users.

17 3.4 FOR PARTICIPANTS User friendly application for cell phone and for the web Access to all resources control from one browser window One-click rapid money transfers Cross-transfers systems Use of a new Blockchain Infrastructure with low entry barrier Sound market for crowdfunding investment promotion Maximum safety and security of invested funds. In case of non-observance of the statutory obligations, unreasonable delays, escrow executes complete return of make a full return of the reserved investments.

18 TOKEN TRADING Tokens full name ICO tokens symbol Quantity of tokens Quantity for pre-ico period Date when ICO will take place Minimal entry barrier Price for token ICO aim Access Additional emission PayAll PLL tokens 0, Eth $ PLL tokens comply with ERC20 standard and are available through Ethereum wallet (Mist or MyEtherWallet) Is possible for aim gain First week bonus Second week bonus Third week bonus last 10 days bonus 1 PLL*25% 1 PLL*15% 1 PLL*10% 1 PLL*5%