PayVX ICO: (PVX Token)
Crypto is a vast and exciting word, which is constantly growing. This world is leading to the creation of many new technologies. In fact, there is almost a new crypto-related technology being released every week. Despite these breakthroughs, some things plague this space. Many crypto users often end up falling for scams.
PayVX defined
PayVX is the simplest, fastest and safest payment technology in the world. Secure Crypto Escrow Services Guaranteed Currency Establish Secure Bridges and Create Enjoyable Relationships between Both Parties For Online Business Transactions.
What is an Escrow service?
Escrow is a financial arrangement whereby a third party holds and regulates the payment of funds required for two parties involved in a particular transaction. This helps make transactions more secure by saving payments in secure escrow accounts that are only released when all the terms of the deal are met are overseen by the escrow company.
How does Escrow work?
PayVX reduces the risk of cheating by acting as a trusted third party that collects, holds, and only withdraws funds when Buyer and Seller are satisfied.
1. Buyer and Seller agree to terms - Both Buyer or Seller initiates the transaction. After signing up for PayVX, all parties agree to the terms of the transaction.
2. Buyer pays PayVX (escrow) - The buyer submits payment by an approved payment method to our secure Escrow Account, Escrow.com verifies its payment, Seller is notified that the funds have been secured 'In Escrow'.
3. Seller sends / sends merchandise or service (eg website) to Buyer - After payment verification, Seller is authorized to send merchandise or service and sends tracking information. PayVX verifies that Buyer receives merchandise.
4. Buyer receives merchandise - Buyer has several days to check merchandise or service and choice to accept or reject it. The buyer accepts merchandise or services.
5. PayVX (escrow) pays Seller - PayVX issues funds to Seller from Escrow Account.
How PayVX will help the crypto world
The goal of the PayVX project is to get rid of issues that affect the crypto users with the use of a safe and secure escrow service. To achieve their goal, they will ensure that the service can process a wide array of currencies. With the help of the blockchain, they will ensure that each payment remains safe and takes place fast.
On the PayVX platform, users can also buy and sell goods and services. This will include things such as electronics, clothes, software, media content, and much more. Best of all, this marketplace will be secured by the blockchain.
Identity Protection
Besides protecting your funds, this platform will also protect your identity. Merchants usually need your passwords, usernames, payment details, and other personal data to deliver services to you. It means there are probably thousands of databases globally with your personal data.
PayVX intends to use the blockchain to ensure that your personal data remains safe at all times. The blockchain will ensure that users remain in control. It is obvious that the existing data security model does not work. However, the blockchain can make it possible to protect consumer data and reputations of businesses.
Securing Personal Data
A collaboration of biometric security and the blockchain private keys controlled by users will change how data is controlled. It is especially important since the most popular password in the world remain “123456.”
Besides better security, this will ensure users have full control of their personal data. The blockchain has always been recognized as a safe way to store data. This is due to the zero-knowledge storage, security, trust, and privacy that makes it possible. In fact, no blockchain network has been hacked to date.
About PayVX Token
PVX is not a security token. The token will be used via the PayVX platform. Thus, it is not designed to be an investment. There is also no promise that its price will grow in future. The aim of this token is to support the PayVX ecosystem. Those who acquire these tokens should only utilize them for personal use and not as securities. The aim of this project is to let users utilize the tokens within the platform.
PayVX ICO Details
The tokens will trade under the PVX symbol. The pre-ICO already took place on March 20, 2018. The ICO is slated to take place on May 1, 2018. It will conclude on July 4, 2018. There will be a token supply of one billion tokens. For the purposes of crowdfunding, 800 million tokens will be sold.
The ICO has a hard cap of USD 25 million. Participants can buy tokens in BTC, ETH, or LTC. These are ERC20 standard tokens.
Symbol: PVX
Pre-ICO: 3/20/2018 - 4/20/2018
ICO: 5/01/2018 - 7/04/2018
PVX Token Supply: 1,000,000,000
Token for crowdfunding: 800.000.000 (80%)
Presale Hard Cap: $ 11,000,000
ICO Hard Cap: $ 25,000,000
Participation: BTC / ETH / LTC
Token Standard: ERC-20
Decimal: 18 Digits
Token Not Sold: Will Burn
Exchange Rate: $0.04 - $0.10 = 1 PayVX Token (Range Price from Presale to ICO)
Token Distribution
The total number of tokens is 1,000,000,000! Token will be transferred to contributor after ICO campaign.
Pre-ICO 250,000,000
ICO 550,000,000
Reserved for PayVX team * 100,000,000
40,000,000 Bounty Program
60 million Bonus
Frozen for 12 months
Website: https://payvx.io/
Whitepaper: https://www.payvx.io/public/images/white_paper.pdf
Telegram: https://t.me/PAYVX
Ann Thread: https://bitcointalk.org/index.php?topic=3108178.msg32111408#msg32111408
Facebook: https://www.facebook.com/payvx/
Twitter: https://twitter.com/payvxofficial
Author
belushiiwuzeree
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