Welcome my friends to a new interesting ICO today and let’s see their great idea:
The People’s Bank of Blockchain: Money, Exchange, Cash, Bank, Network
Entry is a blockchain-based banking service intended to expand the stream of digital currencies in the genuine economy. It is an AI engaged multi-utility monetary stage. Entry is intended to enable individuals to utilize fiat and additionally cryptographic forms of money in their everyday buys without truly being worried about the innovation behind the framework. Entry is a platform enabled by smart contracts which will act as:
- a bank by offering: simple stores, installments and loaning administrations, cross-outskirt installments, ATM office/helpful withdrawals
- a digital money exchange for the business and purchaser world.
The project mission, vision and path:
The undertaking mission is to be the portal amongst conventional and new money related ideal models and frameworks drove by cryptographic forms of money and engage the budgetary ecosystem to have a structure that takes into account between operability between the two.
The project aim to:
- To enable digital currencies to accomplish appropriateness for ordinary exchanges and open the universe of crypto-back to each national.
- To keep a straightforward record of the considerable number of exchanges in the community.
- To extend the utilization of cryptographic forms of money for buy and installments over the business world.
- To make a straightforward and across the board stage to upset the conventional techniques for managing keeping money frameworks.
- ENTRY’s suite of extensive managing an account items and administrations will guarantee another benchmark in saving money and budgetary administrations.
Entry imagines turning into a really worldwide bank in the post fiat world. Its whole system is organized to improve utility of all crypto tokens and at the same time encourage each one of the individuals who still need to execute in fiat. Entry’s suite of items enables it to touch the money related existences of each crypto client and improve it.
Entry plan of action comprises of 5 core components + Entry token:
Entry.Money is a cryptographic money and fiat installment door for e-shops that can be effectively gotten to through web and portable application adaptations. It will give IBAN to each client of Entry to empower them to store blockchain resources in their records. Entry.Money enables the clients to store, store, pull back and exchange fiat and also digital money.
Entry.Exchange goes about as a virtual clearing-house for all exchanges happening on the Entry Platform. At first, Entry will empower the clients to purchase or offer digital forms of money like BTC, LTC, BCH, ETH and DASH utilizing Euro and will soon fuse all the real fiat monetary standards to give liquidity in the Entry ecosystem. It will be associated with different trades to keep up liquidity for all stage tasks. It will have Entry Token as one of the primary trade match in Entry.Exchange and reward the individuals who will hold Entry Token in their record.
Entry.Network will give a hidden money related stage to outsider accomplices, engineers and other monetary administration organizations. This stage will make a system that will enable the accomplices to manufacture advance money related items and administrations on the center managing an account stage. The whole design of the Entry.Network will be organized through bank APIs for adaptability and adaptability.
Entry.wallet would be an essential future expansion to the Entry.Network. It will be a multicurrency computerized wallet that enables the clients to store fiat and also cryptographic forms of money and hold private key electronically. The blockchain innovation encourages the clients to get coins, make installments through blockchain resources and screen the adjust.
Entry.Bank is a digital bank with conventional managing an account administrations gave utilizing blockchain innovation. Entry.Bank will give conventional managing an account administrations of store and installment to its clients. Clients can store blockchain resources in their Entry.Bank records and make simple installments to people, vendors or some other element. Exchanges coursing through ENTRY Token as the principle cash of the stage will have a system impact and increase the value of the Token.
Entry.Cash will fill in as a virtual ATM which empowers the clients to pull back money from their ENTRY wallet (computerized wallet). The organization expects to give free check cards, free fiat-to-fiat exchanges, and free trade in the underlying years. It will charge nearly low expenses for stores and withdrawal from the trade. Dealers specifically would be boosted for utilizing the installment door by offering them administrations at a falsely low rate. The thought is to catch immense client base by giving cost-effective ENTRY administrations and after that gain economies of scale.
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.
The Project Roadmap:
- Started development and obtained Money Institution License
- Signed agreement with Central Bank to get SWIFT and IBAN numbers to connect EU SEPA system.
- Developed payment gateway (credit/debit cards, bank links and others) to collect funds for online shops
- Started integrations with Central Bank system to provide P2P payments to all EU banks and started to build infrastructure for international payments
- Started crypto-exchange
- Conducted meetings with card issuers for issuance of MasterCard and Visa cards to the ENTRY users
- Pre-sale & Crowdsale + Launch of the payment gateways with bank accounts for personal use
- Launch of crypto exchange (entry.exchange)
- Change money institution license (already obtained) to Electronic Money License or European Bank License
- Starting to obtain financial licenses outside EU to operate worldwide
- Expand services adding business account worldwide and launch app
- Release (entry.network) wallet to store, send, receive your crypto, participate in ICO through wallet
- Start P2P Lending (entry.bank)
- Launch ATM systems (entry.cash) and put cash machines for beta testing
- Start partnerships with agents to provide deposits and withdrawal services with cash
- Investment, loans and other banking and finance services worldwide
The Project Team:
Entry project has been designed and created by a highly experienced team of technology experts. The team’s 100+ members bring together expertise that gives them a deep understanding of the challenges faced by many crypto enterprises including the legal, regulatory and compliance issues, with a wide experience in Fintech, AI, Blockchain, Marketing and Business Development.
Tomas Ambrazas – CEO
- Tadas Ambrazas – CFO
- Justas Maziliauskas – Developer
- plus the Entry project team & advisers
- Token: Entry
- Abbreviation: ENTRY
- Platform: Ethereum
- Accepting: ETH, BTC, LTC, BCH, Fiat
- Total supply: 590m ENTRY
- 1 ENTRY = €0.15
- Website: https://entry.money
- Register for the token sale here
- Read More: Whitepaper
Tokens Sale availability:
- Presale: 3-10.May.2018
- Start date: 1.Jun.2018
- End date: 31.Aug.2018
About the author (BTC profile)
My passion for everything that means cutting-edge technology, blockchain, cryptocurrency, ICOs and not only made this article to be alive. I’m Alex Hummels and I wish you “happy reading” of others of my articles. Thank you all.
Your donations are highly appreciated. MEW address: 0x70912D44a60D099ECac3Ea568aEeB1dDCa2BA3A5