ENTRY is a blockchain based platform supported by smart contracts; who is not acting in the bank, and the payment is made in the form of deposits, payments and borrowing services, cross border payments, ATM facilities.
Posted June 6,2018 in Economics and Trade.
ENTRY is blockchain based platform with 5 core services namely;
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 standard, beginner friendly and worldwide supported service.
Entry.Network - Open source code, wallet, custom blockchain, smart contracts, custom token creation platform.
Entry.Bank - All financial services (deposit, insurance, investment, lending, factoring). and
Entry.Cash - Cash machine/ATM system (the WU of cryptocurrencies). Transfer, cash out or top up with cash (using agents or cash machines). Payment gateway for POS (real shops, service providers).
These services integrate with Ethereum smart contracts to bring information security and transparency in exchanges in the realm of finance. Its infrastructure has been designed with a "one-window" approach that will facilitate all the managing an account and money related services to its users under the same roof. Entry.Money is a fiat and digital money payment gateway for e-shops, Entry.Exchange is an API enabled exchange platform for traders that facilitates easy currency conversions, Entry.Network integrates the complex processes in the ENTRY ecosystem utilizing smart contracts, API, multi-currency wallet etc., Entry.Bank is an undeniable blockchain manage an account with services like deposit, withdrawal, credit, figuring, insurance etc. and Entry.Cash is an ATM system for easy withdrawal of crypto to money. Entry.Exchange goes about as a virtual clearing-house for all exchanges happening on the ENTRY Platform. It is compatible with major existing payment technologies. At first, ENTRY will enable the users to purchase or sell cryptocurrencies like BTC, LTC, BCH, ETH and DASH utilizing Euro and will soon incorporate all the real fiat currencies like Pound (£), Dollar ($), Japanese Yen (¥) and numerous more to provide liquidity in the ENTRY ecosystem.
ENTRY aims to be the gateway between the paradigm and the traditional and new financial systems. Do the entrance everywhere, every day, in every possible way. ENTRY costs in everyday life will be exactly the same as using paper money, you will not feel the difference. All financial services from a single window system. Work globally. This service is provided to any person or business. ENTRI is the first bank in the world where you can choose commissions. Payments for services are mostly distributed among participants, and not for the company. It's time to forget about your old bank. One of the advantages of this project is the number of representative agencies in different parts of the world, including: Switzerland, Ukraine, Australia, Philippines, Tanzania, South Africa, Greece, Egypt, Latvia, Italy, America, United Arab Emirates, Russia, Mexico, India and various other countries are trying to expand this business in their respective areas, so that Entry will increase and become more active and close to its users. The company is also registered, registered in the United Kingdom and Lithuania.ENTRY creates an intuitive to use the bridge between the old system and the blockchain technology that will revolutionize the banking.
Bridging the paradigm with traditional and new financial systems led by the cryptocurrency and allowing the financial ecosystem into a framework that allows interoperability between the two.
Currency-Cryptocurrency to comply with daily transactions and the world of cryptographic finance for every citizen.
To keep a transparent record of all transactions in the ecosystem.
To extend the use of cryptocurrency for payments from the business world.
For platforms, create a simple and versatile way to revolutionize the traditional methods of managing the banking system
• The project will provide each user with the availability of crypto-currencies, as well as ensure their compliance with the process of day-to-day transactions;
• Possibility to save records of all passing transactions inside the system;
• The site will become a universal, and at the same time, a simple platform that will revolutionize the traditional methods of banking;
• Providing completely different indicators in the sphere of banking and financial activities through the provision of a comprehensive package of banking products and services;
• Providing an increase in the use of crypto currency for daily purchases and for making any payments with their help.
What services will be presented to users?
Convenient exchanger using P2P tools, which will ensure a high standard of safety and maintenance.
Having your own ATM will allow you to transfer, cash out finances. The location of such units is planned in real shops and other places where there is a lot of public.
Provision of various financial services, namely deposits, insurance, lending, factoring services and investment
The Possibility of creating a private network through the source code on the basis of smart contracts
And of course your own token, which only improve all kinds of services on the platform.
Token and conditions 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
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
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.
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.
Use 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.
Start development and earn a Money Institution License.
Sign an agreement with the central bank to obtain SWIFT and IBAN numbers to connect SEPA EU systems.
Develop a payment gateway (credit / debit card, bank link, and more) to raise funds for online stores.
Started integration with the Central Bank system to provide peer-to-peer payments to all EU banks and start building infrastructure for international payments.
Start crypto-exchange and beta version will be ready before ICO or during ICO.
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.
Investment, loans and other banking and financial services worldwide.
MEET THE AMAZING TEAM
Thomas Ambrazas - head of ENTRY.Money.
Eustace Maziliauskas is the main developer.
Tadas Ambrasas is the head of the finance department.
Ignace Sakalauskas is a technician and enthusiast of the blockbuster sphere.
Arturas Svirskis is a marketing consultant.
Jonas Levinskas is a back-end developer.
Rome Delgiado is a specialist in customer service and conflict resolution.
Vilius Sapola, Girvidas Bartkus - developers.
Neringa Shchalite - business planning, Internet marketing.
Robertas Stankevičius is a developer of business strategy.
Ignace Januska is an ICO consultant.
Renata Lalinska is a financial analyst.
Sylvia Yurgelevich - project manager.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
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Author : Maniecool
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