Payportal ICO Review

rabiulawal1971 (25)in #cryptocurrencypayportal • 6 years ago

The Payportal platform connects Indian service providers such as banks, mobile operators, digital TV operators and utility companies with public through a WALLET. A wallet number is linked to a mobile number of the owner. The platform is utilizing the advantages of personal computers and smart phones, IOS and Android apps are available. The project's goal is to provide a solution to Customers to tackle the following challenges: regular visitings of different offices to pay monthly bills, cash collectors stealing, expensive and risky cross-border remittances, staying in a bank queues, wide geography logistics, non-professional service support and assistance, etc.

The Blockchain

To develop the Payportal platform further, the developers have decided they need to utilize the blockchain technology. Some of the advantages will include server decentralization. It will ensure that wallet data is kept safe in case hackers get into the systems.

Besides that, they plan to utilize the blockchain to facilitate the transfer of money across international borders. This service will leverage the money transfer expertise that the Payportal team already has. To achieve their goal they intend to create their own digital currency dubbed the PPTL coin. These coins will be accepted as a means of payment and are converted into Indian rupees at the final stage of the transaction. All fees will be paid in the PPTL coins.

Distributors will play a major role in the transfer of PPTL coins. They will purchase tokens in the OTC market or exchange and transfer funds via a smart contract to the company’s wallet. The transaction will contain the wallet number of receiver and value of coins.

OFFICIAL YOUTUBE PRESENTATION

WHITEPAPER
https://ico.payportal.in/docs/White_paper_Payportal.pdf

The Payportal Platform

walletThe Payportal platform connects Indian service providers such as banks, mobile operators, digital TV operators and utility companies with public through a WALLET. A wallet number is linked to a mobile number of the owner.
Retailers use Payportal wallet to satisfy walk-in customers' requests to make bill payments, recharges and domestic money transfers pan India in easy and secure way. On-line customers enjoy all wallet features remotely.
The platform is utilizing the advantages of personal computers and smart phones. Customers and Retailers can access wallet services at the secure web page through the standard web browsers or benefit IOS and Android applications available at App Store and Google Play.

Payportal ICO Details

PPTL tokens are ERC20 tokens. There will be 20 million tokens produced. 14.5 million Tokens will be sold to the masses. They will be sold at the price of 1 token = 0.002 ETH. The project has a soft cap of 3000 ETH and a hard cap of 24000 ETH.
The private sale has already started, and it will end in 18 days. The date for the ICO will be announced after the private sale. Tokens will be non-transferable until the ICO ends. The ICO is expected to last until July 15, 2018.
Token Symbol:PPTL
Token Price: 1 Token = 0,002 ETH
Total Supply: 20 Million
Token Standard: ERC 20
Soft Cap: 3,000 ETH
Hard Cap:24,000 Thousand ETH

ICO TACKERS

TOKEN EMISSION & DISTRIBUTION

Payportal Roadmap

Q2 -2018

Finalizing an integration with BBPS.
Integration with Bharat Bill Pay System will extend access to all utility bills, issued by Indian companies across the country. Customers will be able to fetch own bills through Payportal platform and timely pay bills on-line or through retailers.

Q3 2018

Releasing new version of IOS and Android applications with DMT
Domestic money transfer service is available at the moment on web based solutions of the platform and is required to be extended to smart phones applications that will increase the number of wallet usage by customers.

Q3 2018
Increasing the sales efforts for the area of Delhi.
Promotion of new BBPS services like electricity, gas and water among the biggest distributors and retailers in the market. Find leads for new distributorship.

Q4 2018
Advertising of Payportal wallet.
Running internet advertising campaign to attract and extend on-line Payportal wallet users.

Q4 2018
Development of own blockchain.
Development and implementation of blockchain technologies for decentralization of data, cross-border money transfer service and fees collection.

Q1 2019
Geographical expansion to the new areas close to Delhi ,(Faridabad, Ghaziabad and Noida)
Increasing the sales team, creating new distributors and retailers in new areas, promoting Payportal platform among retailers.

Q2 2019
Developing and implementing loyalty program for retailers and distributors,
Implementing a loyalty program, that will motivate retailers to increase sales. Distributors in turn, will improve the service quality and the number of new retailers. Additionally, our Company will introduce the number of own services to be used by retailers and distributors for redemption of loyal bonuses and receiving extra value.

Q4 2019
Geographical expansion to TOP 3 largest Indian cities and surrounding areas (Mumbai, Bangalore, Pune or Jaipur)
Registration and opening new offices.
Creation networks of distributors and retailers.
Promotion of Payportal services.
Creating co-branded payment products with banks.