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 envisions becoming a truly global bank in the post fiat
world. Its entire framework is structured to enhance utility of all
crypto Tokens and simultaneously facilitate all those who still want to
transact in fiat. ENTRY’s suite of products allows it to touch the
financial lives of every crypto user and change it for the better.
The ENTRY platform is based on blockchain technology and makes use of smart contracts. The aim of the platform is twofold.
First, it will act as a bank where users can store their cryptocurrency tokens, make payments and lend money out.
They
will also be able to transfer both cryptocurrency tokens and fiat money
internationally, as well as make use of withdrawal services like ATMs.
The second aim is to function as a cryptocurrency exchange for businesses and private persons.
*****The ENTRY work?*****
The
general idea is to allow consumers to purchase goods and services
online for cryptocurrencies, and the merchants to be paid in fiat money.
The online exchange will allow merchants to do conversions on the platform.
This will ensure they get the right price (minus the transaction fee) and avoid fluctuation and differentiation.
The only fiat currency that will be available in the beginning will be EUR, as the ENTRY project will target the Eurozone first.
The plan is to eventually expand to the global market and cover all fiat currencies.
During
the worldwide crises, it becomes vital that the present financial
platform was deeply flawed. It also turns into clear that these
vulnerabilities could have a major impact on the worldwide market even
in the upcoming time. Even now, the worldwide economy is struggling
development. Transferring payments across worldwide boarders are remain
quite complex. It also consumes much of time and is quite expensive.
The
existing models which run on the banking platform are slow and complete
intermediaries. Besides that, you’ve to deal with counterparty threats,
wide paperwork, and several bureaucracies. The business model made by
the plan has focused on toll keeping with no offering users any actual
value addition. By eliminating the intermediaries, it’ll aid to make the
system quicker, safe, and more cost-efficient for those involved.
❤Some More Details about ENTRY.MONEY❤
ENTRY.MONEY
is a fiat and crypto payment gateway for e-stores which can be accessed
by simply through the web and smart devices. The system will offer IBAN
to each user and create it possible for them to safe block-chain assets
in their account. Firstly, the system will just support the EUR money.
The main reason for this is that the goals of the system to target EU,
which has a wide and untapped industry. Later, the creators will extend
and incorporate every major fiat money in the future.
With
ENTRY.MONEY, users will be capable to deposit, store, withdraw and move
fiat and digital currencies. Traders will be capable to utilize the
system for simple conversations, therefore, make sure the sale of their
assets. The traders will then get the sales cost in the fiat they
request negative the dealer charges.
Traders
will be capable to deal beyond their national lines with no issues of
money differentiation or fluctuation. Traders will be capable to deal in
their fiat money of choice where consumers will be able to make a
buying in crypto currencies. This system will make sure that traders are
paid in EUR. The procedure of discussion and move is then going to
offer liquidity to the ENTRY.EXCHANGE.
✺✺✺The project token✺✺✺
Entry
Token will be utilized as a part of Entry platform as fundamental
cryptographic money which will bring the following benefits to the user:
The
organization will offer sparing record to build Entry Tokens, avert
theorizing. This will permit ENTRY holders acquire enthusiasm on their
possessions.
Entry
Token will propel advertise members to utilize Entry for exchanges and
reserve funds when contrasted with hypothesis. This will enable the
money to develop into its part as a store of significant worth when
contrasted with the present hypothesis buildup in real Tokens.
Entry Token will permit streamlining the working of the whole Entry stage and will help keeping up liquidity in Entry stage.
As
the use of Entry Token increments for business and exchanges, the Token
will be accessible in an ever increasing number of spots. This will
parallelly affect the market of the Entry Token. The Entry will likewise
observe a long haul utilization because of the business development and
system impact occurred.
You
can utilize Entry Tokens to pay for any expenses on the platfomr,
including however not restricted to: trade charges, pull back expenses,
posting expenses, premium administrations or some other charge/benefit
when you utilize ENTRY to pay for charges/administrations, you will get a
huge markdown.
Entry
will construct a completely useful ecosystem where Entry would be
utilized as one of the key base resources and primary money in entire
business.
Entry
later on will dispatch ENTRY2 stable coin. This coin will guarantee of
Entry ecosystem and clients development in all conceivable routes as
less theoretical coin. More clients and business join Entry ecosystem,
more holders for Entry token to get a noteworthy rebates for use.
ENTRY.MONEY Mission:
To
be the gateway among the paradigm and the usual and new financial
platforms led by digital money and empower the financial system to have a
system that allows interoperability among the two.
===The benefits of the project===
1. A simple and affordable exchange of Fiat to cryptocurrency and Vice versa;
2. Reliability and transparency of operations provided by the use of blockchain;
3. Possibility to integrate platform functionality into third-party resources;
4. “Transfer” of banking services to a more stable blockchain environment;
5. The presence of familiar tools to simplify entry into the crypto industry;
6. The complexity of services, which makes the platform universal in terms of functionality.
✤✤Token Details✤✤
Tokens Sale availability:
Presale: 3–10.May.2018
Start date: 1.Jun.2018
End date: 31.Aug.2018
Token: ENTRY
Price: 1 ENTRY = 0.15 EUR
Platform: ENTRY
Minimum investment 1 ENTRY
Soft cap: 25,000,000 ENTRY
Hard cap: 325,000,000 ENTRY
❂❂❂❂Token information:❂❂❂❂
• Token Symbol ENTRY
• Token Background based on ERC-20
• Token Type Utility
• Sales Date Token 17th April to17th July 2018 (Temporary)
• KYP / AML needed For all ICO contributors before or after
purchase
• United States Limited (Please check the rules of your Country before
participated)
• HARD CAP 325.000.000 ENTRY / 80.500.000 EUR
• SOFT CAP 25,000,000 ENTRY / 2.500.000 EUR
• License Money Institution Ready
• Status of the MVP Project Ready
• TEAM Ready
• Currency Received for ICO Fiat Currency: EUR, USD,
Started development and obtained Money Institution License.
2017
Signed agreement with Central bank to get SWIFT and IBAN numbers to
2017
Developed payment gateway (credit/debit cards, bank links and others) to collect funds for online shops.
2017
Started
integrations with Central Bank system to provide peer-to-peer payments
to all EU banks and started to build infrastructure for international
payments.
2017
Started crypto-exchange and beta version will be ready before ICO or during ICO.
2017
Conducted
meetings with card issuers for issuance of MasterCard or Visa cards to
the ENTRY users and invested more than 1 million Euro for continuous
development of the platform.
2018 (1st to 3rd Quarter)
Started
developing Pre-ICO and ICO. During ICO we will launch payment gateways
(ENTRY.MONEY) with bank accounts for personal use. We will launch crypto
exchange (ENTRY.EXCHANGE).
2018 (4th Quarter)
Change
money institution license (already obtained) to Electronic Money
License or European Bank License. Starting to obtain financial licenses
outside EU to operate worldwide.
2019 (1st-2nd Quarter)
Expand (ENTRY.MONEY) services adding business account worldwide and launch app.
2019 (3rd-4th Quarter)
Release
(ENTRY.NETWORK) wallet to store, send, receive your crypto, participate
in ICO through wallet. Blockchain (own or partners owned).
2019 (4th Quarter)
Start P2P Lending (ENTRY.BANK).
2020 (2st-3rd Quarter)
Launch ATM systems (ENTRY.CASH) and put cash machines for beta testing.
2020 (3rd-4th Quarter)
Start partnerships with agents to provide deposits and withdrawal services with cash.
2021 (continues)
Investment, loans and other banking and finance services worldwide.
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