PayperEx-The world’s first alternative share market based on blockchain technology.

 

What Is PayperEx
PayperEx is share market based on blockchain technology. PayperEx cames from identifying many people needs who want to be part of global share market but they cannot for a variety reasons, like lack of knowledge, fear of risk, insufficient finances, geographical contraints, etc. PayperEx build a decentralize peer to peer trading network transcend these limitations and provide same trading opportunity to all traders all over the globe. The goal is give people from all over the world a fair, easy and affordable chance to enjoy the benefits share market by buying PayperEx. PayperEx use blockchain technology to make network secure and transparent.
PayperEx founders was 15 years experience in the financial sector, came up with an ambitioous and ground breaking goal to revolutionize concept of shares market by removing any existing barriers.

The Vision

To be the world’s first alternative share market that based on blockchain technology. The idea behind decentralize the share market 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.

“We are building a decentralize peer to peer trading network that transcends these limitations, and provide same trading opportunity to all traders all over the globe.”
PayperEx’s goal is to give people from all over the world a fair, easy and affordable chance to enjoy the benefits of the share market by buying “Paypers” (share based units). The use of blockchain technology will make our network secure and transparent.

The product

Paypers are shares based units on financial instruments such as Bitcoin, Ether etc. and private companies that will issue their shares in our network. For every underlying asset, PayperEx will issued a limited quantity of Paypers.

Two types of Paypers will be issued: “BULL” and “BEAR”. A “BULL_Payper” for those who think that the price of the underlying asset will rise, whereas a “BEAR_Payper” is for those who think that the price of the underlying asset will fall.
The enthusiasm around the cryptocurrencies in general and the Bitcoin in particular brings us to the conclusion that the first Papers that will be issued will be Payper of the Bitcoin, “Bitcoin Payper”

The Token

Our new coin, the PAX, issued in order to let the crowd participate in our project and to become members of our network. PAX Token is the only one used on the PayperEx network. Each activity in the PayperEx network is performed using PAX, making the token an integral part of the network and the driver of its economy. In any activity carried out on the network, PAX is transferred from one participant to another.

The Network

 

 

PAX — THE PAYPEREX TOKEN

The PAX Token is issued by PayperEx and is the only one used on the PayperEx network. Each activity in the PayperEx network is performed using PAX, making the token an integral part of the network and the driver of its economy.

In any activity carried out on the network, PAX is transferred from one participant to another. The use of a blockchain technology confirms that each PAX was transferred only once.
PAX tokens have several usages on our network:
  • PAX is required in order to participate in the PayperEx network.
  • A Paypers value is measured in PAX.
  • “Payper Fee Share” payments are distributed in PAX.
  • Trading fees are charged in PAX.
The initial value of 1 PAX during the crowdsale is 0.00002 Bitcoin e.g. 1 Bitcoin equals 50,000 PAX (during the presale period 1 Bitcoin will be equal to 65,000 PAX, 30% more than during the token-sale period).

The PAX Crowdsale

PAX will be issued only during the crowdsale (Pre-Sale and Token sale). Once complete, no further tokens will be generated.
The sale will last for 120 days, from Aug 21, 2017 to Dec 19, 2017.

PAX Distribution

A maximum of 6,200,000,000 PAX tokens will be generated, of those 1,000,000,000 PAX tokens will be kept as reserve* A maximum of 1,200,000,000 PAX tokens will be given for free as Extra PAX during the presale (according to the Extra PAX Model), any remaining tokens will be cancelled.

A maximum of 4,000,000,000 PAX tokens will be sold during the crowdsale, any remaining tokens will be cancelled.

For example: If 3,500,000,000 PAX are sold during the crowdsale and 1,000,000,000 PAX are given as Extra PAX during the presale, then the remaining 500,000,000 and 200,000,000 will be cancelled. This would result in a total pool of 5,500,000,000 which equals the number of sold tokens plus the given Extra PAX and PayperEx reserve of 1,000,000,000. The price for 1 PAX token during the crowdsale is fixed at 0.00002 Bitcoin.

 

The PAX Presale

PAX Distribution
Presale Pool: a maximum of 4,000,000,000 PAX for sale plus 1,200,000,000 free Extra PAX.
The base price of 1 PAX during the presale will be 0.00002 Bitcoin.
The minimum purchase quantity at the presale is 1,000 PAX*
The presale will run until all tokens are sold, or for a maximum of 30 days.
A maximum of 4,000,000,000 PAX tokens will be sold during the presale, any remaining tokens will be sold during the main token sales time at the respective main token sales price.
A maximum of 1,200,000,000 PAX tokens will be given for free as Extra PAX during the presale (according to the Extra PAX Model), any remaining tokens will be cancelled.

The PAX Token Sale

PAX Distribution
Token Sale Pool: The quantity for sale will be the quantity that will remain from the presale and a maximum of 4,000,000,000 PAX.
The base price of 1 PAX during the token sale will be 0.00002 Bitcoin (BTC).*
The minimum purchase quantity at the token sale is 100 PAX.**
The token sale will run until all all tokens are sold, or for a maximum of 90 days. Any remaining tokens will be cancelled after the token sale ends.
The world’s first alternative share market based on Blockchain technology

Roadmap

  • Q1 2017 — Market Research & Planning
  • May 2017 — Development: Web/App Platform & Private wallet
  • July 2017 — Integration to a Cryptocurrency Exchange
  • August 2017 — Crowdsale — PAX Token
  • Q2 2018 — Launch of the PayperEx Network — First IPO
  • Q3 2018 — Growing the Network’s Ecosystem
  • Q4 2018 — More IPOs on New Financial Instruments

Detail Information :

WEBSITE : https://www.payperex.com/
WHITEPAPER : https://www.payperex.com/whitepaper/en.pdf
ANN THREAD : https://bitcointalk.or/index.php?topic=2156610.0
Bitcointalk Profile : https://bitcointalk.or/index.php?action=profile;u=1299271
My ETH Address : 0x1f6195fdAeb6bDE1c89E5EBEdf1689bdf52918f9


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