The project that we will consider today is called — PrepayWay. This project expects to change all current business forms, making its own decentralized framework inside which another worldview of universal exchange relations will start to exist. Basically, PrepayWay looks to improve exchange relations between its members from real estate transactions to large international commercial transactions.
The method of dealing between businesses, corporations and partners has been the foremost troublesome one and at the identical time large before the utilization of blockchain technology. Dealing continually goes through a series of channels and entryway before its final approval this has bogged down the expansion and development of the businesses.
The new technique introduced by PREPAYWAY is a complicated and integrated payment technique which can be in both NATIVE currency referred to as fiat additionally the latest currency also known as crypto-currency. This method of group action involves the use of blockchain technology and smart contract to modify each group action on the blockchain network. This sort of transaction is always the foremost SECURED, FAST, clear type of payment.
The use of smart-contract on the blockchain network can facilitate reducing the risks attached all kinds of the transaction and likewise neutralize all sorts of dishonorable activities that are affecting the previously known system, it’ll conjointly cut back the high dealings fees and others costs charged by the escrow agents for each transaction conducted through them.
PREPAYWAY transaction technique is the simplest transaction technique simply because the employment of sensible contract can automatize transaction and likewise store each transaction on the blockchain network can create the project a lot of transparent and this may likewise increase the trust level of the project.
PREPAYWAY platform is designed with a good interface with totally different languages which suggests the project won’t be restricted to a specific region or areas but rather it’ll open to every interested member of the world.
PREPAYWAY project is not limited to transaction alone but likewise in the area like international trades and business operations. Part of its objective is to improve and introduce an advanced payment system for both CRYPTO-CURRENCY and FIAT, introduction of smart dispute resolution and smart contracts, legal agreement templates, improves security and transparency, reduced transaction costs, increased transaction speeds.
PREPAYWAY has integrated real-estate in its project which this makes all the transaction and processes in real estate more secured, transparent and likewise flexible. There will be 100% security with every rent and purchases made. The use of PREPAYWAY is very easy and simple and all that the users have to do has been highlighted below
Register and Sign-in PREPAYWAY platform Choose the reservation agreement for your country Use of Alerts and Recommendations Use of PREPAYWAY token to activate smart contracts Payment of Agreed Amount Reservation of Property and Protection of rights Followed
PREPAYWAY Token known as INBIT token will be used in the platform for activation smart contract and it will also be used as the transaction payment between companies globally.
About token
| TGE Overview | |
|---|---|
| Token type | Utility |
| Token standard | ERC-20. Maybe swapped at a later stage.* |
| Initial InBit price in TGE | 1 InBit = 0.01 EUR |
| Hard cap | 50 000 000 EUR |
| Soft cap | None |
| Distribution Overview | |
|---|---|
| Sale limit (including private and presale discounts) | 6,500,000,000* InBits |
| Company reserve | 3,900,000,000 InBits |
| Advisors, community | 1,378,787,879 InBits |
| Team members | 984,848,485 InBits |
| Total Supply Limit | 12,763,636,364 InBits |
Vesting Policy
To prevent high levels of volatility in the value of the InBit token, the following restrictions will be imposed on members of the PrepayWay team and on the largest buyers:
- 50% of the InBit tokens allocated to the team will be vested/locked in smart contracts for 2 years;
- 25% of the InBit tokens allocated to the company reserve will be vested/ locked in smart contracts for 1 year;
- 25% of the InBit tokens allocated to the company reserve will be vested/ locked in smart contracts for 2 years;
- For contributors of more than 1 mln. EUR, the following vesting schedule applies (applicable rate: 1 InBit = 0.01 EUR): • 25% of the amount exceeding 1 mln. EUR vested for 6 months • 25% of the amount exceeding 1 mln. EUR vested for 12 months • 25% of the amount exceeding 1 mln. EUR vested for 18 months • 25% of the amount exceeding 1 mln. EUR vested for 24 months
**Team**
**Partners**
Conclusion
I believe that this kind of project has each likelihood to require a number one position during this section of the market. Since its idea, tools and functions are aimed toward solving existing issues within the international market and their quality resolution.
You can use this information for a detailed study of the project:
Website: https://prepayway.com
Telegram: https://telegram.me/prepaywaychat
Whitepaper: https://prepayway.com/PrepayWay_Blockchain_Ecosystem_Whitepaper_V1.1.pdf
ANN thread: https://bitcointalk.org/index.php?topic=5065060.0
Facebook: https://www.facebook.com/PrepayWay/
Twitter: https://twitter.com/PrepayWay
Medium: https://medium.com/@prepayway
Linkedin: https://www.linkedin.com/company/prepayway/
Instagram: https://www.instagram.com/prepayway/
Bitcointalk usern: Werlot Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2558487 Eth address: 0x13511C5D009E0E7A67cE13E3c6d1d5ea074Ee3bB UNIQUENESS 100%: https://text.ru/antiplagiat/5c20e38a2e55e
