PrepayWay(InBit) ICO Review
PrepayWay is a decentralized social networking platform that is putting users privacy and satisfaction as its first priority. It is an innovative approach towards transparent and independent means of user data ownership, reward on ads and free of speech. It is the first get paid to content creation and sharing ecosystem that leveraged OCR token payments for its reward system.
|Ico Time||Unknown – Unknown|
|Price||1 InBit = 0.01 EUR|
|Minimum investment||10 EUR|
|Hard Cap||5,000,000 EUR|
More about PrepayWay(InBit) ICO:
PrepayWay is a blockchain ecosystem that simplifies and streamlines international collaboration, contracting, and payments for companies across multiple industries.
Global commerce is burdened by unreliable and largely manual paper-based processes characterized by a lack of transparency and an absence of secure, trusted information. As a result, suppliers, buyers, and transporters involved in international transactions suffer cash flow delays, payment disputes, and difficulty in maintaining liquidity. However, the advent of blockchain technology can eliminate these difficulties, ensuring the validity and security of transactions involved in the global movement of goods and delivery of services. Moreover, by automating payment methods such as letters of credit, it can eliminate inefficiencies, streamline business processes, reduce operational complexity, and reduce transaction costs.
The PrepayWay’s mission is to remove the aforementioned burden by integrating decentralized blockchain and self-executing smart contracts with business processes to introduce a new paradigm in international commerce. Specifically, PrepayWay offers the following:
- legally binding contract templates developed by legal experts in accordance with the appropriate national laws and regulations and translated into multiple languages;
- self-executing smart contracts containing coded terms and conditions of the contracts;
- an integrated gateway for digital and fiat currency transactions powered by licensed escrow partners;
- cross-border decentralized financing solution;
- secure storage of records of smart contracts and transactions on a blockchain;
- efficient and enforceable dispute resolution by SmartArb, the International Smart Mediation and Arbitration Institute.
No single company can unlock the potential of blockchain alone. The PrepayWay Blockchain Ecosystem integrates blockchain with existing business functions, leveraging it to generate value and accelerate growth. The resultant synergy will result in opportunities for strategic partnerships and access to innovative technology.
The idea for PrepayWay was born in Switzerland, where computer science, banking, international business, and legal professionals came together to revolutionize business processes. Coming from a plethora of professional backgrounds, our diversely experienced team is dedicated to creating an ecosystem that facilitates secure, swift, transparent commercial transactions, all while reducing transaction costs.
PrepayWay has prepared a white paper which describes matters relating to the Tokens, Services, and Platform (as amended or supplemented from time to time, the White Paper), a copy of which is available at www.prepayway.com. Information in the White Paper is of descriptive nature only. The White Paper may change during the time leading up to the date of completion of the Token Sale; new versions of the White Paper will be made available at www.prepayway.com. Nothing in the White Paper shall be deemed to constitute a prospectus of any sort, a solicitation for investment or investment advice nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. The receipt of the White Paper does not constitute an invitation to a recipient to subscribe for Tokens in a jurisdiction where it is necessary to comply with some registration or other legal requirement to make that invitation, or the use of the White Paper, lawful. No such recipient may treat the White Paper as a general invitation to subscribe for Tokens. More particularly, the White Paper does not constitute an offer or solicitation: • by anyone in a jurisdiction in which such offer or solicitation is not lawful or in which the person making such offer or solicitation is not qualified to do so; or • to anyone to whom it is unlawful to make such offer or solicitation. It is the responsibility of every person in possession of the White Paper and every person wishing to apply for Tokens to inform himself, herself or itself of, and to observe all applicable laws and regulations of, any relevant jurisdiction. Persons to whom a copy of the White Paper has been distributed or disseminated, provided access to or who otherwise have the White Paper in their possession shall not circulate it to any other persons, reproduce or otherwise distribute the White Paper or any information contained herein for any purpose whatsoever nor permit or cause the same to occur.
Informational purposes only The White Paper and all information contained on the Website about the Token Generation are made available by the PrepayWay for informational purposes only. The Tokens are offered solely on the basis of the terms contained in the Terms and Conditions (are not part of the White Paper). Nothing contained in the White Paper or on the Website is or may be relied upon as a promise, representation or undertaking as to the future performance or policies of PrepayWay.
Forward looking information All statements, estimates, and financial information contained in the White Paper, on the Website, in any press releases or in any place accessible by the public, and oral statements that may be made by PrepayWay that are not statements of historical fact constitute “forward-looking statements”. Some of these statements can be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”, “probable”, “project”, “should”, “would”, “will”, or other similar terms. However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding the PrepayWay’s and Platform Operator’s financial position, business strategies, plans and prospects, and the future prospects of the industry are forward-looking statements. These forward-looking statements, including but not limited to statements as to revenue and profitability, prospects, future plans, other expected industry trends, and other matters discussed in the White Paper regarding PrepayWay and/or Platform Operator, are matters that are not historical facts, but only predictions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause actual events or results, performance or achievements to differ materially from the estimates or the results implied or expressed in such forward-looking statements. These factors include, amongst others: changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in which the PrepayWay conducts its respective businesses and operations; the risk that the PrepayWay may be unable or execute or implement their respective business strategies and future plans; changes in interest rates and exchange rates of fiat currencies and cryptocurrencies; changes in the anticipated growth strategies and expected internal growth of the PrepayWay; changes in the availability and fees payable to the PrepayWay in connection with their respective businesses and operations; changes in the availability and salaries of employees who are required by PrepayWay to operate their respective businesses and operations; changes in preferences of customers of PrepayWay; changes in competitive conditions under which PrepayWay operate, and the ability of the Token Generator or Platform Operator to compete under such conditions; changes in the future capital needs of PrepayWay and the availability of financing and capital to fund such needs; war or acts of international or domestic terrorism; occurrences of catastrophic events, natural disasters and acts of God that affect the businesses and/or operations of PrepayWay; and other factors beyond the control of PrepayWay. PrepayWay disclaims any responsibility to update any of those forward-looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events or circumstances, even if new information becomes available or other events occur in the future.
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PrepayWay(InBit) ICO Scam or Not?
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