Payperex ICO is complete
The world’s first alternative share market based on blockchain technology
“ Our vision is to create an alternative share market network, a marketplace where everyone around the world will able to participate. We believe that everyone deserves to take a part and profit from the share market in a fair and affordable way.” – Menahem Maya, Payperex Co-Founder
Token Supply: 6,200,000,000 total
- 4,000,000,000 for sale
- 1,200,000,000 for the extra PAX model (during the presale)
- 1,000,000,000 reserved
ICO Pre-Sale: August 21 – September 19
ICO Start Date: September 20
ICO End Date: December 19
Interview with Menahem Maya, Payperex Co-Founder
BitcoinChaser: What kind of problem, market deficiency or opportunity inspired you to launch your project?
Payperex: The idea behind PayperEx has come from identifying the needs of many people who want to be part of the global share market but cannot for a variety of reasons: lack of knowledge, fear of risk, insufficient finances, geographical constraints, etc. and providing them with an alternative shares market that transcends these limitations.
BC: How will your project address this problem, market deficiency or opportunity in a unique way?
Payperex: Our vision is to create an alternative share market network, a marketplace where everyone around the world will able to participate. We believe that everyone deserves to take a part and profit from the share market in a fair and affordable way.
BC: How do you think that competition will develop following your ICO?
Payperex: We believe that competitors would like the Idea and would like to join our vision.
BC: For all those who have read your white paper and are still on the fence about contributing to your ICO, what can you tell them that could lead them to buy into your project?
- The team– PayperEx founders have more than 15 years of experience in the finance industry, they built a team that consists of experts in online trading, marketing, research and development, financial and regulatory affairs.
- PAX token– will be the only way to buy Paypers on the PayperEx network. The number of potential Paypers that can be issued is unlimited whereas the number of PAX is fixed and determined during the crowdsale.
- The private wallet– PayperEx ICO also provides an end-to-end platform of token services including a personal wallet and a built-in exchange service to sell or buy PAX tokens.
- The liquidity –PAX can be used immediately upon completion of the ICO to trade on the PayperEx platform or to buy Paypers at a lower price. PayperEx aims to create maximum liquidity of PAX. PAX is the standard and only currency used on the PayperEx Network, and our goal is for it to become an off-network supported payment method in the future.
- The Paypers– Paypers are share based units. To trade on the PayperEx network users must buy Paypers. Each financial instrument (e.g. Bitcoin, Ethereum, etc.) will have a limited quantity of Paypers issued. Buying Paypers has several advantages compared to straight up purchase of Bitcoin
Or any underlying asset:
- Low entry price – only 100PAX (equal to 0.002 Bitcoin)
- The ability to profit from a downtrend – buying “BEAR” Paypers
- Earn profits from holding the Paypers (dividends)
- Autonomous Economy – makes it more secure and less dependent on external fluctuations.