Hello Brian, please start by telling us: What is Paycent?
Paycent is a global mobile dual e-wallet that can be funded by cryptocurrencies (e.g. Bitcoin, Ether, Litecoin) with high liquidity and fiat currencies within the same mobile application. This allows the cryptocurrencies holders multiple avenues of spend and straddle the world of fiat and cryptocurrencies. By having integrated fiat and crypto mobile wallets, plus the option of having a debit card linked to Paycent, this opens 200 countries and 36 million points that Paycent is accepted. The full ecosystem of Paycent and Paycent mPOS allows payments for daily household spend such as utilities, cable and Telco airtime. All conversions from cryptocurrencies to fiat and vice versa will be done in real time.
So Paycent is solving the problem of exchanging and spending cryptocurrency. How does Paycent aims to be a game changer in this community?
Okay, so there are multiple products in the market. Some allow users to exchange crypto (not in real time though) while some provide them with a card to spend. At Paycent, we are building a holistic payment ecosystem within one app itself. The problems we are hitting at are genuine and need to be catered to :
– Bringing Cyptocurrency to the masses
– Conversion of Cyrptocurrency to FIAT snd Vice versa in Real time
– Allowing users to have multiple avenues of Spend
– Cashless for the Unbanked
– Financing the Unbanked population with micro-finance and credit
What are your target markets? Do you have plans to expand it to US & Europe? Do you have plans to offer your services there too?
We have already launched our FIAT mobile app for Singapore and Philippines market. We are seeing quite good traction with the app and users are liking the product as it provides them convenience and saves them from existing high fee structure. Next target markets for expansion are UAE, Hong Kong, Indonesia, Malaysia and Thailand. We already have opened up offices there and ground work has started. Paycent will be there sometime in Q1 2018. We have plans to go global. USA and Europe are definitely on the cards, but we wish to cover Asia first, then Middle East and then enter the western markets.
Okay, that’s great. So coming to ICO. Tell us something about your token sale?
We are conducting Token sale for the blockchain project with the Pre-ICO sale starting from 12th Oct 2017. Implementing and integrating our crypto Paycentos e-wallet with our live Paycent fiat e-wallet demands numerous resources. Bringing in the right set of personnel from Developers to Legal and developing the infrastructure will require additional funds. We are offering an Initial Token Sale of PYN tokens (Paycentos), instead of raising funds via the traditional method, to allow the community to participate in our success of straddling between the crypto and fiat world. The utility token can be used within the Paycent dual e-wallet whenever conversion is required from crypto to fiat.
What’s in it for the Investor and why do you think one should Invest in you than similar other projects?
We will appreciate the ones who believe in us and will invest in the project. Keeping that in mind, we have planned to offer generous revenue shares to the investors & token holders.
Why choose our ICO over others currently available
Thank you so much Brian and good luck with your ICO!
Thanks to you for your time and curiosity to know about Paycent.
For more information and to join the ICO please go to https://paycent.com/
Read the Whitepaper – https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=3.0