PPTL ICO and Token Sale Review
Payportal is a unique, Indian based payment platform. They are already in operation with over 2,300 retailers availing of their convenient payment platform which aims to connect users of services such as banking, mobile phone billing, TV services and others, directly with their customers. This provides convenience for all parties and helps to ensure smooth and fast payment.
About the Project
One thing which most of us hate to do is spend time lining up at government or other locations to pay our bills and other services. This may well be a thing of the past if PPTL gains traction beyond its initial hub of Delhi.
They are offering a convenient and streamlined service in combination with both android and iOS applications to facilitate the process of paying for such services.
Streamlining these types of services using blockchain technology helps to achieve a number of key goals for all parties involved. These include speeding up the process along with making it completely secure, reducing costs through the removal of many agents and intermediaries and an increased sense of transparency, This is vital especially in India where corruption is still quite an issue.
The project hopes to implement some new elements which can also advance the offering of the platform. Namely, these are to facilitate cross-border payments from Indians living in other states and countries, implementing a loyalty program for customers and retailers who use the platform.
The ICO is underway and will run until June 10th. The regular, non-discounted price during the crowd sale will be 0.002ETH per 1PPTL token. The project has a softcap of 3,000ETH and a hardcap of 24,000ETH. These can be contributed to in the form of ETH. This will be the only accepted form of investment during the ICO.
By the beginning of 2019, the project hopes to have expanded operations to several more cities. They also hope to have developed their own blockchain.
Residents of the United States will be unable to participate in this ICO project.
The token itself will be known as PPTL and will be native to the Ethereum network as an ERC20 based token. There will be 20,000,000 PPTL tokens available during the ICO period. This represents 70% of the total token supply for the project.
- Start Date2018-05-21
- End Date2018-07-15
- Payment MethodETH
- Total Supply20000000
Rates & Bonuses
- 30% during presale