P2Pay - Decentralized online financing innovation

Seeing the condition after the financial crisis of the nineties banks have a monopoly in lending money to businesses and individuals, Muhammad Wajahat Ali as CEO / Founder and P2Pay team sees the opportunity to create an online financing platform with easy and efficient process and requirements.

P2pay lending is a method of debt financing that allows individuals to borrow and lend money without using an official financial institution as an intermediary. The borrower's profile will be displayed on a peer-to-peer online platform where investors can assess this profile to determine if they want to risk lending money to the borrower. There will be no problem for borrowers to access their loans once they are received on the platform. Token will be liquidated for cash directly to your P2pay debit card. P2pay will also enable the integration of more than 50 alt coins that can be liquidated instantaneously. The smartphone app will allow for point of sale purchases.

Platform integrated with Facebook and Linkedin. When a user signs up they have full access to the message board as well as the option to create groups and pools according to their needs. Once connected with the platform users can send invitations via email for anyone to join their shared platform. Borrowers can apply for loans as lenders to create a competitive environment. When a loan is applied because there will be third party verifiers from around the world to confirm the status and provide transparent reports to the lender. For Beta versions, we will use a trust score that reflects the amount of loans completed.

Platform Wrap Up

P2PAY aims to revolutionize bank loan lending and make alt coin liquid by pressing a button.

Competition
There are several other crypto based lending platforms to be aware of. Each having their own characteristics. With the rise of Ethereum last year hackers have been targeting so called “smart contracts”. Time has proven these are far from fail proof. Millions of dollars are either stolen or lost on the Blockchain. Waves will be releasing their smart contracts to the market very soon. When they are available we will implement them on our network. Lets take a look at the competition.

Token Dynamics
- Total supply: 21,000,000
- Token in circulation:14,070,000*(Remainder of tokens held for one year. Thereafter 25% of the remaining supply will be distributed to token holders in accordance to your balance once per year until full distributed). All tokens not sold during ICO stage will be held for one year as well and be distributed 25% per year to token holders according to your balance.
- Token: Waves
- Network: Proof of stake

Roadmap
1) P2pay platform will be released 07/12/2019. Until now our beta platform will be available to all investors and clients in the future.
2) Debit card from Mastercard issued 10/1/2019. We will secure this plan as soon as the ICO is completed.
3) Smart phone integration for retail sales will be available 2/1/2020. This app will allow retail sales at entry points.
4) Integration of more than 50 alt coin will be exchangable 6/30/2020. 50 top alt coins will be exchanged with smartphone and debit card apps.

Team

For more information, please visit:
- Website: https://www.p2pay.io/
- Whitepaper: https://www.dropbox.com/s/vqerzpewgoyhtzq/P2pay%20White%20Paper.pdf?dl=0
- Twitter: https://twitter.com/P2PAY_Official/status/950868012210499591
- Facebook: https://www.facebook.com/P2PAY-147285639391624/
- Instagram: https://www.instagram.com/p2pay_official/?hl=en
- LinkedIn: https://www.linkedin.com/in/waji-ali-146758156/
- Telegram: https://t.me/joinchat/HMUTbg_oUzhB5yhbfDe-1w/

Author: Genk Mami Bibi
Profile: https://bitcointalk.org/index.php?action=profile;u=1504758

Waves: 3PCSMophQAimgpt4yEJ7T7wk26uK82Qw1CC