MY Blog

Entrymoney platform has a centralized peer-to-peer service

What is ENTRY?

Entries are database based on database and supported by smart contract; this serves not only as a bank, offering lightweight storage, payment, loan, international payment, ATM and convenient withdrawal services, but also as a platform for crypto currency exchange for businesses and consumers.

Purpose: To serve as a gateway between traditional and new financial models and crypto currency systems, to support the financial ecosystem within a framework that will enable both systems to interact.

Aim:

To help crypto currency become acceptable for everyday transactions and open a financial cryptoman for every citizen.
Keep transparency of records of all transactions in the ecosystem.
Extends the scope of use of the crypto currency in the business world of sales and payments.
Create a simple and universal platform that revolutionizes traditional transaction methods with the banking system.
A wide array of Signed banking products and services will provide new standards for banking and financial services.

Entry.Money

Crypto currency items and regular payouts for online stores. Personal and business accounts (deposits, withdrawals, instant currency transfers of crypto and paper money). Internet versions and mobile apps. Payment card.

Currency exchange.

Centralized and peer-to-peer and instantaneous exchange of crypto currencies. High security standards, understandable for beginners and support worldwide.

Entry.Network

Open Source, Wallet, Consumer Base, Intelligent Contract, and Consumer Token Platform.

Entry.Bank

Blocking technology creates conditions for fast and unimpeded international payments at a very low cost.

Sign in. Cash

POS system / ATM system. Transferring, cashing or charging at the expense of cash (with the help of agents or POS terminals). Payment point for POS-service system (real shop, service provider). It will also be possible in the future to use payment cards easily for both fiat and crypto currency.

ENTRY.Token

This will be used on the ENTRY platform as the main crypto currency. On another platform - either as the main crypto currency, or not. Can be converted.

Entry.Dengi - payment system in crypto and fiatnoy currency for online shopping, easily accessible via the internet and mobile applications. This will assign the International Bank Account Standard (IBAN) code to each ENTRY user, which will allow them to store asset-blocks in their account. In the first stage, the team will only apply the euro (from currency currency) to all transactions. the team plans to take root in European countries where there is a huge untapped market, and then expand the name of major fiatnyh currencies, including their work in the coming years.

Entry.Money will allow users to invest, store, withdraw, and transfer money into money along with the crypto currency. In trading, the platform can be used for simple conversions, which facilitate the sale of goods. Trading will receive a selling price in a currency that requires less transaction costs. Trade will become possible beyond the borders of the country and regardless of their currency differences and fluctuations.

Employers will be able to trade their own currency (for example, while in euro), giving freedom and buyers to use crypto currency when buying (say, bitcoin). Entry.Money warrants that employers will receive payments in euros; This conversion and transfer process will cause liquidity on Entries. Currency exchange.

ICO ENTRY

Before launching the ENTRY platform, it will be tested for token sales. Funds received from the initial placement of coins will be used by the team to develop the ENTRY platform.

ENTRY Ticker symbol
ERC-20 tokens
Type of Utilitarian token
When token sales 17 April - 17 July 2018 (Introduction)
Standard anti-money laundering and anti money laundering policies For all ICO participants before or after the sale
Restrictions by the US state (Please, state your country's laws before participation)
A soft hat 25,000,000 ENTRY / 2,500,000 euros
Hard hat 325.000.000 ENTRY / 80,500,000 euro
Project Status MVP - ready
The team is ready
EMI license is ready
Currency received in ICO Fiat currency: Euro, US dollar, credit card
Crypto currency: ETH, BTC, BCH, LTC, DASH, and more
Total number of ENTRY 590 million coins

Token distribution

There is also a smaller amount offered at each stage with the same average price. If not all sold 55% token involved in ICO, the residue will be left for secondary coin placement.
The remaining 17% of tokens will be distributed during SCO (SPO coins) in the future, but in any case not less than 10 Euro for ENTRY and below market price (if market price is above 10 euro per ENTRY).
3% will continue the ICO + SCO subsidy.
20% token will be distributed within the team as a motivational tool, as well as other development programs for outsiders. The token of the section intended for the team will be distributed after 5 years.
5% will be shared with the adviser who will advise us before the bank is fully functional.

Distribution of funds

40% of token sales proceeds will be tightly focused on ENTRY development platform. The team will use this tool to promote and develop decentralized applications that are in the early stages of launching. This includes subsidizing strategic planning, project support and monetary exchange, as listed below. 30% will be used to promote ENTRY token recognition and technology in selected areas, such as financial services, supply chain management, social networking, Internet of Things and artificial intelligence of 10% will be used to ENTRY token exchange monetary exchange for other blockcheyn cryptocurrency systems with open source information. The crypto currency obtained will be distributed among token holders and equity participants.
Academic research, education and market expansion: 5%. Funds will be allocated to the technical department for academic research and educational materials for developers. This will lead to an accelerated expansion of the platform's capabilities and the achievement of anticipated goals.
Legalization and legal compliance (liquidity of ENTRI system REGARDS, license): 22%. ENTRY will receive the necessary license to provide services in the field of commercial banking / finance immediately upon completion of ICO. This will help convince skeptical customers of unregulated players. ENTRY will apply for the necessary banking license in various geographical locations to gradually introduce various currencies on its platform.
Marketing: 20%. The funds will also be used to market the ENTRY platform. The goal is to make it available to everyone for everyday purchases by making it easy to use on android, smartphone and accessibility via the Internet browser.
Operating cost: 10%. ENTRY uses revenue from token sales to cover operating costs in the first few months. It also uses results to provide easy currency conversion (from crypto currency to phiatic) to maintain liquidity on the ENTRY platform.
The compensation program for errors is revealed: 3%. To ensure uninterrupted security and system usage, ENTRY will launch an incentive program for hackers and developers to identify any vulnerabilities in the system.