ICO Project NUPay (TPCT)
Tokensale Start: 05/04/2019
Tokensale Finish: 16/09/2019
NUPay is a project that provides users with a payment service for paying for purchases using cryptocurrencies. Also, users will be able to participate in affiliate programs and will receive a reward of up to 2% of the amount of each transaction. Using Blockchain technology will simplify the process of user verification and minimize the likelihood of errors and hacking of user accounts.
Business Model Overview NUPay (TPCT)
1. The validity of income
The project will receive income from the provision of membership and commission fees on the platform. NUPay users will be ranked according to different membership levels depending on the amount of their contribution to TPCT tokens and the number of purchases made. Users who have purchased more than 1,000,000 TPCT tokens will receive VIP status on the platform. The project team will also enter into partnership agreements with large organizations, this will allow the distribution of the TPCT token and maximize its usefulness.
2. Number of currencies accepted
The number of accepted currencies is represented by 3 liquid currencies: XRP, ETH, BTC.
3. Token emission
The project has a limited number of tokens. A total of 2 500 000 000 TPCT tokens will be issued.
4. Discount on the purchase of tokens
The project does not have a discount on the purchase of tokens.
The project’s technological map shows its objectives by the end of 2019 (p. 21 White Paper). After completing the token sale, the authors of the project will allocate funds as follows: 30% - “Development and research”, 5% - “Marketing”, 15% - “Digital assets”, 35% - “Reserve”, 10% - “Operational expenses and development” project ".
6. SOFT CAP / HARD CAP Ratio
The project has an excellent SOFT CAP / HARD CAP ratio, which increases its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 5 665 000 and $ 11 330 000 respectively.
7. MVP availability
The project has a developed mobile application available in the App Store and Google Play.
8. Risk assessment and insurance
There are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of capital loss for investors.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD