Entry Money ICO- Entry The People’s Bank of Blockchain

in #cryptocurrencyentry6 years ago (edited)

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ENTRY is a blockchain-based banking service designed to increase the flow of cryptocurrencies in the real economy. It is an AI empowered multi-utility financial platform. ENTRY is designed to allow people to use fiat as well as crypto currencies in their day-to-day purchases without really having to be concerned about the technology behind the system. ENTRY envisions becoming a truly global bank in the post fiat world. Its entire framework is structured to enhance utility of all crypto Tokens and simultaneously facilitate all those who still want to transact in fiat. ENTRY’s suite of products allows it to touch the financial lives of every crypto user and change it for the better.

OFFICIAL YOUTUBE PRESENTATION

Website

https://entry.money/

White Paper

https://entry.money/ENTRY_Whitepaper_v1.pdf

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WHAT IS ENTRY?

ENTRY is a blockchain-based banking service designed to increase the flow of cryptocurrencies in the real economy. It is an AI empowered multi-utility financial platform. ENTRY is designed to allow people to use fiat as well as crypto currencies in their day-to-day purchases without really having to be concerned about the technology behind the system. ENTRY envisions becoming a truly global bank in the post fiat world. Its entire framework is structured to enhance utility of all crypto Tokens and simultaneously facilitate all those who still want to transact in fiat. ENTRY’s suite of products allows it to touch the financial lives of every crypto user and change it for the better.

WHY ENTRY?

The global financial crisis revealed significant weaknesses in the existing financial system and some of the vulnerabilities have already exhibited their impact on the interconnected global market. The world economy is still struggling with sluggish real growth today. Transferring money for remittance, money lending across international borders is still very complicated, time consuming and expensive. Existing systems running on traditional banking channels are slow and full of intermediaries, higher exchange rates, counter-party risks, bureaucracy .
ENTRY’s business model is focused on disrupting the existing pillars of finance who only act as toll-keepers without providing any value-add to consumers and businesses. Removing the numerous intermediaries would make the system faster, more secure and cost-effective for all involved.

MISSION

To be the gateway between traditional and new financial paradigms and systems led by cryptocurrencies and empower the financial ecosystem to have a framework that allows for inter-operability between the two.

Their aim:

To help cryptocurrencies achieve suitability for everyday transactions and open the world of crypto-finance to every citizen.
To keep a transparent record of all the transactions in the ecosystem.
To expand the use of cryptocurrencies for purchase and payments across the business world.
To create a simple and all-in-one platform to revolutionize the traditional methods of dealing with banking systems.
ENTRY’s suite of comprehensive banking products and services will ensure a new benchmark in banking and financial services.

ENTRY business model consists of 6 main elements:

Entry.Money: Cryptocurrency and fiat payment gateway for e-shops. Personal and business account (deposit, withdraw, instant transfer cryptocurrency & fiat). Web and Mobile app versions. Debit cards.

Entry.Exchange: Centralized and p2p ultra-fast and instant cryptocurrency exchange. High security standards, beginner friendly and worldwide supported service.

Entry.Network: Open source code, wallet, custom blockchain, smart contracts, and custom Token creation platform.

Entry.Bank: Blockchain technology enables fast and hassle-free cross border payments at a very low cost.

Entry.Cash: Cash machine/ATM system. Transfer, cash out or top up with cash (using agents or cash machines). Payment gateway for POS (real shops, service providers). Payment cards will also be added in the future for ease of access for both fiat and crypto.

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GOAL

ENTRY has the goal to become the gateway between traditional and new financial paradigms and systems. Spend ENTRY everywhere, everyday, in every possible way. Spending ENTRY in everyday life will be exactly like using fiat money, you will feel no difference.

ICO RATINGS

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ENTRY TOKEN INFORMATION

Ticker Symbol ENTRY
Token Background based on ERC-20
Utility Token Type
Sales Date Token 17 April – 17 July 2018 (Temporary)
KYP / AML Required For all ICO participants before or after
purchase
United States Limited (Please check the laws of your Country previously
participated)
SOFT CAP 25,000,000 ENTRY / 2.500.000 EUR
HARD CAP 325.000.000 ENTRY / 80.500.000 EUR

ROADMAP

2015

Started development and obtained Money Institution License.
2017

Signed agreement with Central bank to get SWIFT and IBAN numbers to connect EU SEPA system.
2017

Developed payment gateway (credit/debit cards, bank links and others) to collect funds for online shops.

Started integrations with Central Bank system to provide peer-to-peer payments to all EU banks and started to build infrastructure for international payments.

Started crypto-exchange and beta version will be ready before ICO or during ICO.

Conducted meetings with card issuers for issuance of MasterCard or Visa cards to the ENTRY users and invested more than 1 million Euro for continuous development of the platform.
2018 (1st to 3rd Quarter)

Started developing Pre-ICO and ICO. During ICO we will launch payment gateways (ENTRY.MONEY) with bank accounts for personal use. We will launch crypto exchange (ENTRY.EXCHANGE).
2018 (4th Quarter)

Change money institution license (already obtained) to Electronic Money License or European Bank License. Starting to obtain financial licenses outside EU to operate worldwide.
2019 (1st-2nd Quarter)

Expand (ENTRY.MONEY) services adding business account worldwide and launch app.
2019 (3rd-4th Quarter)

Release (ENTRY.NETWORK) wallet to store, send, receive your crypto, participate in ICO through wallet. Blockchain (own or partners owned).
2019 (4th Quarter)

Start P2P Lending (ENTRY.BANK).
2020 (2st-3rd Quarter)

Launch ATM systems (ENTRY.CASH) and put cash machines for beta testing.
2020 (3rd-4th Quarter)

Start partnerships with agents to provide deposits and withdrawal services with cash.
2021 (continues)

Investment, loans and other banking and finance services worldwide.

TEAM

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JOIN ENTRY COMMUNITY

Website: https://entry.money
Bitcoin talk :https://bitcointalk.org/index.php?topic=3229958.0
White Paper :https://entry.money/ENTRY_Whitepaper_v1.pdf
Medium :https://medium.com/@entry
Telegram: https://t.me/Entry_Official
Twitter: https://twitter.com/EntryMoneyICO
Github: https://github.com/EntryMoney
Medium: https://medium.com/@entry
Reddit: https://www.reddit.com/r/EntryMoney/

OUR RATING ABOUT “ENTRY” PROJECT

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My Info

My Info
Bitcoin Talk User Name. rabiulawal1971
Bitcoin Talk Profile Link . https://bitcointalk.org/index.php?action=profile;u=1522116

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