PPTL ICO and Token Sale Review
Payportal is a centralized platform that connects Indian service providers like banks, mobile operators, digital TV operators and utility companies with the public through a wallet. Payportal wallet number is linked to a mobile number of the wallet’s owner. It establishes relations between service providers and their customers by processing online recharges, bill payments and domestic money transfers in the most secure and convenient way through a Payportal wallet. Payportal Services Private Limited (hereinafter referred to as “Payportal”) is a privately-owned company that has been established in 2011 under the laws of India by international experts who have been in the payment services industry since 1996.
The platform is utilizing the advantages of the blockchain, personal computers and smartphones. The Payportal platform is available on a secure web page (mob.payportal.in) that has been designed for personal computers and mobile web. Smartphone users can benefit from IOS and Android applications available at App Store and Google Play.
The use of blockchain technologies plays an important role in successful development of the platform by supporting the below features of Payportal:
• Server decentralization will keep wallets data safe in case of hardware failure or hackers attack.
• Implementing a cross-border money transfers service between Indian migrants living abroad and their families in the home country. As the Payportal has advanced experience in domestic money transfers, the same will be used to realize this part of the project based on the blockchain and cryptocurrency PPTL Coin.
• PPTL coins will be accepted as a means of payment and will be convertible into Indian rupees for the final leg of the transaction.
• All fees will be applicable in PPTL coins
Distributors buy tokens in the OTC market or crypto exchanges and make a smart contract transfer to the Company wallet. The transaction contains the value and Payportal wallet number of a receiver. Automatically PPTL value will be credited to a wallet owner who continues to use Payportal financial services.
The revenue stream of the platform includes a commission from mobile and TV operators, banks and other partners that are partly shared between distributors and retailers. Transaction-based surcharges and monthly fees apply to retailers and partly to online customers
PPTL Token ICO
PPTL Token (PPTL) is an ERC20 UTILITY token and aims to provide the development of the Payportal platform. ICO starts on 16th April ICO and lasts until July 15, 2018, at midnight CET and consist of three stages offering PPTL Tokens with a decreasing bonus.
- Start Date2018-05-21
- End Date2018-07-15
- Payment MethodETH
- Total Supply20000000
Rates & Bonuses
- 30% during presale