Entry Money ICO-Entry The People’s Bank of Blockchain.
About Entry Money
ENTRY = Money, Exchange, Cash,Bank, Network. ENTRY is a blockchain-based banking service designed to increase the flow of cryptocurrencies in the real economy. It is an AI empowered multi-utility financial platform. ENTRY is designed to allow people to use fiat as well as crypto currencies in their day-to-day purchases without really having to be concerned about the technology behind the system. ENTRY envisions becoming a truly global bank in the post fiat world. Its entire framework is structured to enhance utility of all crypto Tokens and simultaneously facilitate all those who still want to transact in fiat. ENTRY’s suite of products allows it to touch the financial lives of every crypto user and change it for the better.
ENTRY is a blockchain-based platform empowered by smart contracts; it will not only acts as a bank by offering easy deposits, payments and lending services, cross-border payments, ATM facility /convenient withdrawals, but also as a cryptocurrency exchange for the business and consumer world.
Mission Statement of Entry Money
To be the gateway between traditional and new financial paradigms and systems led by cryptocurrencies and empower the financial ecosystem to have a framework that allows for inter-operability between the two.
*To help cryptocurrencies achieve suitability for everyday transactions and open the world of crypto-finance to everycitizen.
*To keep a transparent record of all the transactions in the ecosystem.
*To expand the use of cryptocurrencies for purchase and payments across the business world.
*To create a simple and all-in-one platform to revolutionize the traditional methods of dealing with banking systems.
*ENTRY’s suite of comprehensive banking products and services will ensure a new benchmark in banking and financial services.
Entry Business Model
ENTRY business model consists of 6 main elements:
Entry.Money Cryptocurrency and fiat payment gateway for e-shops. Personal and business account (deposit, withdraw, instant transfer cryptocurrency & fiat). Web and Mobile app versions.Debit cards.
Entry.Exchange Centralized and p2p ultra-fast and instant cryptocurrency exchange. High security standards, beginner friendly and worldwide supported service.
Entry.Network Open source code, wallet, custom blockchain, smart contracts, and custom Token creation platform.
Entry.Bank Blockchain technology enables fast and hassle-free cross border payments at a very low cost.
Entry.Cash Cash machine/ATM system. Transfer, cash out or top up with cash (using agents or cashmachines). Payment gateway for POS (real shops, service providers).
Payment cards will also be added in the future for ease of access for both fiat and crypto.
ENTRY Token Will be used in ENTRY platform as main cryptocurrency. Used in other platforms as main or side cryptocurrency. Tradable in exchanges.
ENTRY wants to disenfranchise toll takers who are not adding any value to ecosystem. It believes in value generation for all stakeholders and its goal is to onboard as many users as possible to enjoy economies of scale. The pricing of its services will be kept low so that billions in the developing world can also join this fintech revolution.
Entry.Exchange acts as a virtual clearing-house for all transactions occurring on the ENTRY Platform. It is compatible with major existing payment technologies.Initially, ENTRY will enable the users to buy or sell cryptocurrencies like BTC, LTC, BCH, ETH and DASH using Euro and will soon incorporate all the major fiat currencies like Pound (£), Dollar ($), Japanese Yen (¥) and many more to provide liquidity in the ENTRY ecosystem.
Entry.Exchange will help crypto investors and traders trade in and out of multiple crypto and fiat currencies in real-time and with low transaction costs. It will also be able to facilitate High frequency and Algo traders, currently shut off from the crypto universe because of the large processing time for transactions.
ENTRY Token is an electronic and virtual currency Token that will flow in the ENTRY ecosystem. It is the crypto-currency Token of ENTRY platform used for peer-to-peer transactions and micro payments. It will be the medium of exchange for transacting on the platform and availing ENTRY’s banking and financial services.
Entry Money Wallet
ENTRY wallet would be a crucial future addition to the Entry.Network. It will be a multi-currency digital wallet that allows the users to store fiat as well as crypto currencies and hold private key electronically. The blockchain technology facilitates the users to receive coins,make payments through blockchain assets and monitor the balance.
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 peer-to-peer payments to all EU banks and started to build infrastructure for international payments.
Started crypto-exchange and beta version will be ready before ICO or during ICO.
Conducted meetings with card issuers for issuance of MasterCard or Visa cards to the ENTRY users and invested more than 1 million Euro for continuous development of the platform.
2018 (1st to 3rd Quarter)
Started developing Pre-ICO and ICO. During ICO we will launch payment gateways (ENTRY.MONEY) with bank accounts for personal use. We will launch crypto exchange (ENTRY.EXCHANGE).
2018 (4th Quarter)
Change money institution license (already obtained) to Electronic Money License or European Bank License. Starting to obtain financial licenses outside EU to operate worldwide.
2019 (1st-2nd Quarter)
Expand (ENTRY.MONEY) services adding business account worldwide and launch app.
2019 (3rd-4th Quarter)
Release (ENTRY.NETWORK) wallet to store, send, receive your crypto, participate in ICO through wallet. Blockchain (own or partners owned).
2019 (4th Quarter)
Start P2P Lending (ENTRY.BANK).
2020 (2st-3rd Quarter)
Launch ATM systems (ENTRY.CASH) and put cash machines for beta testing.
2020 (3rd-4th Quarter)
Start partnerships with agents to provide deposits and withdrawal services with cash.
Investment, loans and other banking and finance services worldwide.
Before the launch of ENTRY platform, it will undergo a Token sale exercise. The funds raised in the ICO will be utilized by the team to develop the ENTRY platform
Token Symbol : ENTRY
Token Background: ERC20
Token Type: Utility (KYC/AML Required)
SOFT CAP: 25.000.000 ENTRY
HARD CAP: 325.000.000 ENTRY
Total Supply: 590.000.000 ENTRY
Pre-ICO: 3rd of May – 10th of May
ICO Start: 1st of June
ENTRY issued Tokens
Price per token
Money75.000.001 – 85.000.0000.15€85.000.001 – 95.000.0000.16€95.000.001 – 105.000.0000.17€105.000.001 – 115.000.0000.18€115.000.001 – 125.000.0000.19€Exchange125.000.001 – 135.000.0000.21€135.000.001 – 145.000.0000.22€145.000.001 – 155.000.0000.23€155.000.001 – 165.0000000.24€165.000.001 – 175.000.0000.25€Network175.000.001 – 185.000.0000.27€185.000.001 – 195.000.0000.28€195.000.001 – 205.000.0000.29€205.000.001 – 215.000.0000.30€215.000.001 – 225.000.0000.31€Bank225.000.001 – 235.000.0000.33€235.000.001 – 245.000.0000.34€245.000.001 – 255.000.0000.35€255.000.001 – 265.000.0000.36€265.000.001 – 275.000.0000.37€Cash275.000.001 – 285.000.0000.40€285.000.001 – 295.000.0000.41€295.000.001 – 305.000.0000.42€305.000.001 – 315.000.0000.43€315.000.001 – 325.000.0000.44€
ICO Finish: 31st of August
There also can be a lesser amount offered in each stage with the same
In case not all 55% of ICO Tokens are sold out, the remainder will be kept for SCO.
•The rest of the 17% Tokens will be distributed during a SCO (secondary coin offering)
in the future, but never at a lower price than 10 EUR per ENTRY price and never lower than market price (if the market price will be more than 10 EUR per ENTRY).
•3% will be for bounty ICO+SCO.
•The 20% of Tokens will be attributed to the team as a motivation as well as other development programs for outsiders. The team part of Tokens will be allocated over time in 5 years.
•5% will be attributed to advisors, who will advise us until a fully functional bank will be operating.
Some Important Links of Entry.Money
Bitcointalk Profile= https://bitcointalk.org/index.php?action=profile;u=1762851