PaytoMat ICO & Token Sale
- PaytoMatCryptocurrency, Software
Paytomat is a convenient blockchain-based system for payment processing which is created to assist merchants as well as consumers and crypto core teams to conveniently find each other and to create real life traction for the cryptocurrencies and help their upbringing of everyday payment solution.
It is entirely autonomous and decentralized and it features two royalty programs which are based on its own native currency – the PTM coin. They incentivize merchants to beging accepting payments done in crypto as well as PTX tokens. They also incentivize the customers to pay with cryptocurrency.
About the Project
Now, the company has already built an extension which allows the reception of payments in cryptocurrencies using existing POS solutions. What is more, they’ve managed to deploy it successfully in more than 150 different merchants. The current state of the project could be appraised as a beta-testing mobile wallet for both loyalty programs based on the blockchain and for processing of payments.
The project is designated to conveniently streamline the process of accepting crypto payments for the sellers and to provide the customer with additional incentives to actually pay with crypto.
The interesting and appealing thing about the project is that both the merchant and the customer is treated equally – as a potential crypto investor who manages their current asset with both fiat and cryptocurrency.
Of course, in order to incentivize traction, the project has managed to devise a convenient blockchain-based loyalty program which is going to enhance the overall interaction between the user and the blockchain itself.
One of the most important things that have to be taken into consideration here is that the project shall involve the issuance of two different currencies – the PTI and the PTM coin. The latter is the one which is to serve as the main medium of transactions for the ecosystem.
The former is the currency which is to be issued for the sake of the ICO. It is going to be issued until the current beta testing is finalized. The tokens are going to be sold at a price of 0.001 BTC per 1 PTI during the official sale and the presale but there are bonuses that could be taken advantage of. Furthermore, you would be able to use quite a lot of cryptocurrencies to make your contributions including BTC, ETH, LTC, DASH, WAVES, NEM, and ADA.
The project’s crowd sale is scheduled to start on the 2nd of April in 2018. The project comes from the country of Estonia and there is a whitelist that you might want to join. The hard cap of the project is 1755,5 BTC while the soft cap is set to 455,5 BTC.
They have also announced a requirement for minimum investment – if you want to take part, you would have to purchase at least 100 PTI tokens. The platform which is being used is the one of Waves.