PAYBLOK: FAQ and TOKEN information !

in #cryptomarket6 years ago

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I learned something new thanks to PayBlok. InstaSupply is an already established company. It is a cloud platform which allows businesses to track and control spend across suppliers

InstaSupply Platform In an effort to improve how quickly businesses pay and are paid, InstaSupply is a cloud — based platform that allows businesses to track and control costs between vendors

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Token sale details

Symbol: PBLK
Total number of tokens: 250,000,000

Token allocation

60% Token sale (150,000,000)
15% Blocked for future use (37,500,000)
18% Company, Team and Advisors (45,000,000)
5% Reserved to incentivize the economy — airdrop (12,500,000)
1% Affiliate | Referral Program (2,500,000)
1% Bounty Program (2,500,000)
The Maximum price of a token will be
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Some info from their FAQ section;

  • PayBlok is an ERC20 Token
  • The team plans to get PayBlok listed on some exchanges 120 days after the sale.
  • They aim to solve cash flow problems of medium and big size businesses by offering an early payment function.
  • The InstaSupply platform already connects suppliers and buyers, matching purchase orders, deliveries, and invoices.
  • Bitcoin, ethereum, litecoin and, fiat can be used to buy PayBlok tokens.
  • You need to be pre-qualified by InstaSupply to buy PayBlok tokens.
  • Within 24 hours of a purchase being approved the tokens will be issued to the buyers.
  • They have a detailed roadmap, every quarter until 2020 has some items.

Businesses unlock up to 98% of their approved invoice value immediately.

PayBlok can also be used as collateral to secure short-term loans.

The end goal is making PayBlok a means of payment.

Links

Website: https://payblok.instasupply.com/

White paper: https://assets.ctfassets.net/5vuk877t9hxd/3NAfrZaazmEk6emsaikqiW/87fb62e129789d978720d85d56c49e0e/payblok_whitepaper.pdf

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