The Blockchain is a rapidly growing technology that is engulfing every possible business domain. The rise in Blockchain technology has pushed the traditional banking system into a new path that driven by Cryptocurrencies. But Cryptocurrencies hasn’t been able to be famous as expected. ENTRY has developed a platform after carefully examining the loopholes in the financial systems. Entry” group identified this expectation gap and they are building a gateway to connect traditional economy with modern Blockchain technology, which is expected to be much more effective but no different than traditional banking.
Entry is a blockchain based decentralized, banking system empowered with artificial intelligence. It enables the usage of Cryptocurrencies in real-world transactions in a similar way to the traditional currencies are used. The platform consists of following five core components.
Entry.Money builds up the gateway between Cryptocurrency and traditional currency. As an example, Euro using merchant can trade with BTC using customer without any value variation. The consumer could pay in BTC and Entry.Money gateway would ensure that the merchant gets paid by Euro.
Entry.Exchange facilitates to clear the transactions that occurred in Entry platform. Though the platform initially facilitates for Euro, other currencies would be incorporated into the platform in near future.
Entry.Network connects third-party partners, developers and other financial service companies to develop comprehensive solutions for platform users.
Entry.Bank will provide traditional banking services including deposit and withdrawals through Blockchain technology.
Entry.Cash is the value of cryptocurrencies circulated in the platform. The value is getting doubled in every moment.
Entry has a mission to help cryptocurrency achieve conformity to everyday transactions and to open up the crypto finance world for every citizen such as:
- To keep transparent records of all transactions in the ecosystem.
- To expand the use of cryptocurrency for purchases and payments around the business world.
- To create a simple and versatile platform to revolutionize traditional methods of handling the banking system.
- ENTRY's comprehensive product and banking services package will ensure new standards in banking and financial services.
ENTRY aims to be the gateway between the paradigm and the traditional and new financial systems. Do the entrance everywhere, every day, in every possible way. ENTRY costs in everyday life will be exactly the same as using paper money, you will not feel the difference. All financial services from a single window system. Work globally. This service is provided to any person or business. ENTRI is the first bank in the world where you can choose commissions. Payments for services are mostly distributed among participants, and not for the company. It's time to forget about your old bank. One of the advantages of this project is the number of representative agencies in different parts of the world, including: Switzerland, Ukraine, Australia, Philippines, Tanzania, South Africa, Greece, Egypt, Latvia, Italy, America, United Arab Emirates, Russia, Mexico, India and various other countries are trying to expand this business in their respective areas, so that Entry will increase and become more active and close to its users. The company is also registered, registered in the United Kingdom and Lithuania. ENTRY creates an intuitive to use the bridge between the old system and the blockchain technology that will revolutionize the banking.
• The project will provide each user with the availability of crypto-currencies, as well as ensure their compliance with the process of day-to-day transactions;
• Possibility to save records of all passing transactions inside the system;
• The site will become a universal, and at the same time, a simple platform that will revolutionize the traditional methods of banking;
• Providing completely different indicators in the sphere of banking and financial activities through the provision of a comprehensive package of banking products and services;
• Providing an increase in the use of crypto currency for daily purchases and for making any payments with their help.
ENTRY token information is a virtual and electronic money token that will flow in the ENTRY.MONEY system. This is the token currency of the ENTRY.MONEY platform applied to P2P transactions and micropayment. This will be the exchange line for trading on the system and utilizing ENTRY's financial and banking services.
Prior to the platform launch, will undergo a sales training token, payments collected at ICO will be applied by the team to build the ENTRY.MONEY platform.
Token and ICO Details
Entry Tokens are the native tokens of this platform which enables the entry into the ecosystem. Except for entry, these token can be used in the platform transactions. These tokens are baked by Ethereum platform and company expects to distribute 590 million tokens among the users in following proportions.
Dates Pre-ICO: 05/03/2018 - 10/05/2018
Sales date: 04/30/2018 - 07/30/2018
Type of the token: Utility
Price of the token: 0.1800000000 USD
Total tokens: 590000000
Available for sale: 59%
Min. purpose of collection: 92 500 000 USD
Max. purpose of collection: 92,500,000 USD
Currencies: ETH, BTC, LTC, Fiat, BCH, DASH
The name of the token is Entry
The main sales phase is from 1 June to 31 August 2018.
The open stage of Pre-Sale started on may 3 and will last until may 10, 2018.
Softcap-25 million tokens or 2500000 euros
Hardcap - 325 million tokens or 80500000 euros
Currencies accepted for payment: Fiat (Euro, dollar, debit cards) and cryptocurrency (ETH, BTC, BCH, LTC, DASH and others)
All users and Entry owners will be encouraged and encouraged with additional tokens for active use of the platform. What should create a network effect.
Token and Funds Allocation
55% out of the total would be available in token sales
17% would be kept for secondary coin offer
20% would be distributed among the team and another 5% would be distributed among the advisors as a reward for their dedication
Remaining 3% would be distributed through bounty programs
Funds collecting through the token sales would be occupied the development in Entry ecosystem as follows.
40% for Business development
22% for ensuring legal compliances
20% for community development and marketing
10% to cover operation costs in initial months
5% will be allocated to the technical department for the purpose of research and developments
Other 3% will be used to bug bounty program that launched for hackers and developers
FOR MORE INFORMATION PLEASR VISIT THE LINKS I HAVE PROVIDED BELOW
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409