Entry - A Banking Platform For The Blockchain World
At this part, i will talk about Entry. What is Entry? what the purpose of it? it would be describe in this post.
The lost of trust in the banks was one of the prime motivations in the birth of Bitcoin, a cryptocurrency developed by a person or a group of people named Satoshi Nakamoto. Bitcoin is just one application of the new technology (blockchain). The advent of cryptocurrencies has led to a worldwide boom where new innovations are being brought onboard, structured through pioneering crypto Tokens, to disrupt existing traditional industries.
ENTRY is a blockchain based banking service designed to increase the flow of cryptocurrency in the real economy. This is a multi-utility financial platform empowered by AI. ENTRY is designed to allow people to use fiat and crypto currencies in their daily purchases without actually caring about the technology behind the system. ENTRY is dreaming of becoming a truly global bank in the fiat fi eld world. The entire framework is structured to increase the usefulness of all Crypto Tokens and simultaneously facilitate everyone who still wants to transact in fiat. The ENTRY product package makes it possible to touch the financial life of each crypto user and change it for the better.
With the help of Entry. Money users will be able to make deposits, withdraw, store and transfer Fiat and Crypto-Allocation. Merchants will be able to use platforms for simple conversions, thus ensuring the sale of their merchandise. Then the merchant will accept the selling price in the request they are requesting, minus the commission for the transaction.
THE WORLD OF ENTRY
Please find bellow for the main services of Entry:
They offer p2p credits, for which an escrow system is not even needed. This is not stated in the documentation, but, as a rule, crypto-loans are given as collateral for property - the same crypto-currency.
For example, you need to get 10 bitocans for one year with what they already have. But spending "digital gold" is not a good idea. Instead, you make a pledge on a smart contract through the Entry platform. The creditor does not hold a pledge - this is done by the contract itself. If the debtor does not fulfill the obligation, the pledge passes to the creditor. In case the debtor returns the funds, he gets back his bitcoins. And all this without resorting to financial institutions, but only with the help of the same users as yourself.
TOKEN SALE
- Ticker Symbol : Entry
- Token Background : ERC-20 based
- Token type : utility
- Token sale date : June 1st - August 31nd 2018
- KYP/AML Required : For all ICO participants before/after purchase
- Restricted Countries : USA
- Soft cap : 25.000.000 ENTRY / 2.500.000 EUR
- Hard cap : 325.000.000 ENTRY / 80.500.000 EUR
- Project status : MVP, TEAM & Money institution License Ready
- Accepted currencies for ICO : FIAT (EUR, USD, Debit cards), Cryptocurrencies (ETH, BTC, BCH, LTC, DASH and more)
- Total ENTRY coins : 590.000.000 millions
TOKEN & FUNDS DISTRIBUTION
CONCLUSIONS
Entry is single windows system for all financial services. Work globally. The service is directed to every person or business. ENTRY is the first bank in the world where you can choose a fee fee. Service fees are mostly distributed to participants, not to companies. It’s time to forget about your old bank!
For more information regarding this awesome project, please follow below links:
Website | ANN | Facebook | Twitter | Telegram Group | Whitepaper
Posted by:
Bitcoin Talk username : maniak kemsut
Profile Link : https://bitcointalk.org/index.php?action=profile;u=2132482
Wallet : 0xD1182fe4B8ae5E4D7801f6B851374E3F3A2d6A04
Thank you & love to see you back!