We firmly believe that currently the crypto sector is far from reaching its peak, this is because the cryptocurrency market has not been integrated into the broader world economy. Since its establishment less than ten years ago, the cryptocurrency market has reached a market capitalization of more than 200 billion USD in August 2018. However, there are still many people who question what the benefits of digital currency are? The Platio Team believes that shortly, digital currencies will become mainstream. We also think that the mainstream will only accept digital currencies when they are much easier to access. Blockchain offers a unique alternative way to be able to transfer financial assets safely and conveniently throughout the world, both inside and outside the existing banking infrastructure.
Because of poor public perception and understanding of the potential benefits of using digital assets, their ability to buy goods and services using cryptocurrency has been limited due to the lack of established relationships between the crypto world and the traditional financial system. We also believe that mainstream users will embrace this new digital currency technology after the ties between cryptocurrency and the world of conventional banking was established.
PGAS is an Ethereum-based ERC-20 utility token that will be used for transactions on the platform.
Cases of using PGAS:
- Payment of commissions and fees
- Payment for subscription
PGAS will generate revenue for the Platio Platform because each transaction will create transaction income or subscription income.
We expect that the growth of PGAS values can occur for two main reasons, namely:
- Increased demand for tokens because the number of users of the Platio Ecosystem continues to increase, more subscriptions are purchased, and more transactions are executed.
- Burning 50% of the internal Platio commission to around 10% of PGAS tokens will be left in circulation in the Platio Ecosystem.
If during fundraising does not get a minimum investment threshold of EUR5M, then all funds will be returned to investors within one month after the end of General Sales.
What is Platio?
Platio is a platform that is building smart crypto banking solutions that will utilize a one-window solution that allows businesses and private users to be able to make payments and run their financial operations in cryptocurrency, fiat, and stock currencies in one place. Ecosystems will allow payment in both fiat & crypto to increase crypto savings utilities based on two great features – Asset Guard and Smart Escrow. Platio has seven products to perform certain smart banking functions:
All Platio users will get the opportunity to make more complicated fund transfers and financial operations in one easy-to-use interface:
- Make an agreement
In crypto and fiat use Smart Escrow that will resolve conflicts between parties
Crypto, fiat, and stocks of volatility or risk of losing access
- Trade & exchange
On one platform in crypto, fiat, and shares
Crypto and fiat via Invoice & Processing for businesses and individuals
Crypto, fiat, and shares in one place
Crypto and fiat with plastic or virtual payment cards
In crypto and fiat using SWIFT / SEPA / OCT
Crypto, fiat, and shares for free inside the Platio Ecosystem
At present, traditional banks are very selective in providing their services to crypto users in their banking systems. They haven’t tried to embrace the era of digital coins, or the way cryptocurrency evolved. Because it is fully compliant, regulated and technologically advanced, Platio will solve this problem with easy access to the Platio Ecosystem by using asset tokenization based on EOS technology, and supporting three types of assets, namely: crypto, fiat, and stocks. In particular, Platio’s goal is to provide solutions to crypto users as follows:
The role of Blockchain
Platio will build personal Sidechain based on EOS technology and a series of smart contracts that have been previously supported.
Blockchain Platio will ensure all internal business processes are safe, fast and transparent. The efficiency created through Blockchain will increase the organization’s output and help reduce the transactional costs and processing time associated with the traditional banking system. All assets in the Platio Ecosystem will be ratified. The loaned assets will be used for internal transactions and smart contracts in the Platio Ecosystem.
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Author: AaXray | Profile: https://bitcointalk.org/