ENTRY - A BANKING PLATFORM FOR THE BLOCKCHAIN WORLD


wheading.PNG


Ever since its conception; blockchain has presented itself as a revolutionary technological force set out to disrupt and offer an improvement over the old paradigms which govern a vast array of industries. In doing so cryptocurrency; the lifeblood of blockchain technology, has quickly established itself as one of the fastest growing asset classes in our recent history. The opportunities blockchain technology has to offer have not gone unnoticed. This is exemplified by the ever increasing number of established- and emerging companies employing blockchain technology, as well as government bodies that are exploring its implementation on a global scale.
While the tech savvy and attentive venture capitalists have long since discovered the cryptocurrency market, there still are a lot of institutional and retail investors that have yet to enter the market. We see governments, banks, and corporations implementing block chain pilot projects, while independent users and investors are actively entering the crypto currency market. it's a blockchain based banking for people an intuitive to use bridge between the old system and the blockchain technology. Before i proceed further, lets see the video below............

https://youtu.be/Yvlcxwjh9G8

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 is a blockchain -based platform empowered by smart contracts; it will not only acts as a bank by offering easy deposits, payments and lending services, cross-border payments, ATM facility/convenient withdrawals, but also as a cryptocurrency exchange for the business and consumer world.

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.

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 .

PROBLEM Customers are not loyal to any cryptocurrencies as they have no use other than speculation. The real question is, why speculate on a coin which has no inherent use?

SOLUTION
ENTRY is creating an intuitive to use bridge between the old system and the blockchain technology which will revolutionize banking.
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.
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.

ENTRY Token
Will be used in ENTRY platform as main cryptocurrency. Used in other platforms as main or side cryptocurrency. Tradable in exchanges.

TOKEN AND CONDITION OF THE ICO
ENTRY token information is a virtual and electronic money token that will flow in the ENTRY.MONEY system. This is the token currency of the ENTRY.MONEY platform applied to P2P transactions and micropayment. This will be the exchange line for trading on the system and utilizing ENTRY's financial and banking services.
Prior to the platform launch, will undergo a sales training token, payments collected at ICO will be applied by the team to build the ENTRY.MONEY platform.

TOKEN AND ICO DETAILS
Ticker: ENTRY
Dates Pre-ICO: 05/03/2018 - 10/05/2018
Sales date: 04/30/2018 - 07/30/2018
Type of the token: Utility
Price of the token: 0.1800000000 USD
Total tokens: 590000000
Available for sale: 59%
Min. purpose of collection: 92 500 000 USD
Max. purpose of collection: 92,500,000 USD
Currencies: ETH, BTC, LTC, Fiat, BCH, DASH
The name of the token is Entry
Standard ERC20.
The main sales phase is from 1 June to 31 August 2018.
The open stage of Pre-Sale started on may 3 and will last until may 10, 2018.
Softcap-25 million tokens or 2500000 euros
Hardcap - 325 million tokens or 80500000 euros
Currencies accepted for payment: Fiat (Euro, dollar, debit cards) and cryptocurrency (ETH, BTC, BCH, LTC, DASH and others)
All users and Entry owners will be encouraged and encouraged with additional tokens for active use of the platform. What should create a network effect.


TOKEN DISTRIBUTION
 
 
wtokendistri.PNG

 DISTRIBUTION OF TOKENS

55% of the tokens will be sold at the entry of trades;
17% will be distributed during the secondary offer at the market price, but not lower than 10 euros for 1 token;
3% is allocated to the bounty program;
20% left for the team;
5% of consultants.

USES OF FUNDS
40% for business development;
5% for research, education and market expansion;
22% of legal costs and compliance with legislation;
20% on marketing;
10% - operating costs;
3% bounty program.

ROADMAP

wroadmap1.PNG
wroadmap2.PNG
2015
Start development and earn a Money Institution License.
2017
Sign an agreement with the central bank to obtain SWIFT and IBAN numbers to connect SEPA EU systems.
2017
Develop a payment gateway (credit / debit card, bank link, and more) to raise funds for online stores.
2017
Started integration with the Central Bank system to provide peer-to-peer payments to all EU banks and start building infrastructure for international payments.
2017
Start crypto-exchange and beta version will be ready before ICO or during ICO.
2017
Hold meetings with card issuers for MasterCard or Visa card issuing to ENTRY users and invest more than 1 million Euros for sustainable platform development.
2018 (1st through 3rd Quarter)
Start developing Pre-ICO and ICO. During ICO we will launch a payment gateway (ENTRY.MONEY) with a bank account for personal use. We will launch a crypto exchange (ENTRY.EXCHANGE).
2018 (4th Quarter)
Change the money institution license (already obtained) to Electronic Money License or European Bank License. Begins obtaining financial licenses outside the EU to operate worldwide.
2019 (2nd Quarter)
Expand (ENTRY.MONEY) services add business accounts worldwide and launch apps.
2019 (3rd Quarter)
Release (ENTRY.NETWORK) wallet to store, send, receive your crypto, participate in ICO via wallet. Blockchain (self or partners).
2019 (4th Quarter)
Start P2P Loan (ENTRY.BANK).
2020 (2nd Quarter 3rd)
Launch the ATM system (ENTRY.CASH) and place the cash machine for beta testing.
2020 (3rd Quarter)
Start partnerships with agents to provide deposit and withdrawal services with cash.
2021 (continued)
Investment, loans and other banking and financial services worldwide.


MEET THE AMAZING TEAM

wteam1.PNG
wteam2.PNG
wteam3.PNG
wteam4.PNG

For more information, please visit:
Website: https://entry.money/
WhitePaper: https://entry.money/ENTRY_Whitepaper_v1.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3229958.0
Twitter: https://twitter.com/EntryMoneyICO
Facebook: https://www.facebook.com/entrymoney/
Reddit: https://www.reddit.com/r/EntryMoney/
LinkedIn: https://www.linkedin.com/company/entry-money/
WhatsApp: https://chat.whatsapp.com/BUkzyIMqew3Gx7G40HVa70
Telegram: https://t.me/Entry_Official

wend.PNG

Author: Seunola
MyBitCoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1925064

Comments

Popular posts from this blog

AdonX.One: A Cryptocurrency Gateway Platform

BITEX - The First Locally-Embedded, Yet Global, Crypto-Bank

IOU: The only true P2P e-commerce loyalty platform on the block-chain