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PumaPay
Pumapay will help users to pay for services through the Internet. PumaPay successfully completed the ICO on May 7, 2018, collecting $117 million and sold 78 billion PMA tokens.
Description
Interactive contracts of Pumapay provide users with a free system based on blockchain technology. The new Protocol will make transaction processing decentralized at all levels and replace traditional payment processing. Daily payments, such as monthly and annual paid subscriptions, as well as regular payments, can be made for the first time in one convenient, flexible, and easily convertible system. Pumapay, using the Pull-contracts technology, will free users from inefficient online payments through payment services or credit cards, providing the opportunity to make payments using cryptocurrencies and making payment mechanisms more flexible, functional and cheap.
Features
Features that make PumaPay an attractive and innovative payment platform:
- PumaPay easily adapts to the solutions provided by modern online stores and e-commerce platforms.
- The site provides an all-in-one platform that includes all the necessary tools for making various payments: microtransactions, regular and single payments, and much more.
- With PumaPay, users will forget about the high fees that usually range from 3% to 15%.
- Chargeback.
- Special conditions of confidentiality and high level of security to maintain the trust of customers and companies.
- Working with business directly using cryptocurrency, which allows to reduce the cost of intermediaries.
- PumaPay offers a system custom tailored to the needs of a specific user and all-round tariff environment for billing.
- Available tools to provide feedback between customers and companies.
- PumaPay provides a comprehensive solution that includes all the necessary tools to create the most flexible and efficient system for processing payments on the blockchain.
Team
Yoav Dror, CEO of Pumapay. He has more than 20 years of experience in online business. He acted as a strategic partner and Executive Director in many large companies. Highly qualified analyst and blockchain enthusiast. Launched several successful companies.
Aristos Christofides, CTO, master in electronic engineering and award-winning specialist. He has 15 years of experience in developing professional commercial applications for financial institutions and banking systems. Aristos has managed teams in major projects including B2B2C and NFC payment services that have been accredited under the PCI established by VISA and Mastercard.
Giorgos Kourtellos, Chief Blockchain Architect and technical visionary. He has extensive experience in the field of IT and development of complex professional solutions as a background. As a blockchain engineer who has been working on the IBM Client Innovation Center Bebelux team over the past few years, Giorgos has been involved in many projects that have improved the finance and energy industry.
PMA tokens
PMA tokens act as the main unit of payment for the platform and support the growth of the PumaPay ecosystem. The main objective of PumaPay is to integrate the token with the online shops and service providers for making P2P payments via the Internet and offline.
PMA tokens support the ERC-223 standard, which is based on the Ethereum blockchain.
ICO
On May 7, 2018, PumaPay successfully completed a closed token sale, collecting $117 million and selling 78 billion PMA tokens. In the near future, tokens will be sent to the wallets of the holders and issued to leading cryptocurrency exchanges. Users of PumaPay will be able to buy and sell cryptocurrency, and most importantly — to pay for goods and services.
The PMA tokens will be distributed as follows:
- 20% of the total amount of tokens were sold out during sales through ICO.
- 20% of tokens will be distributed between partners and early investors.
- 35% of the tokens will be used for the development of the Pumapay ecosystem.
- 15% of tokens will be transferred to advisors supporting and promoting the project.
- 10% of the tokens will be distributed among the founders and developers of PumaPay.
