ENTRY MONEY – Bringing New Changes in Bank Service Method

The function of the link between cryptocurrencies and the classical economy was taken over by the ENTRY project, which we will talk about today.

What is ENTRY.MONEY ?

ENTRY is a blockchain based banking service designed to increase the flow of cryptocurrency in the real economy.

ENTRY is a multi-utility financial platform powered by AI. ENTRY is designed to allow people to use fiat and crypto currency in their daily purchases without actually having to worry about the technology behind the system. ENTRY imagines being the real global bank in the post-fiat world. The entire framework is structured to increase the usefulness of all cryptto tokens and simultaneously facilitate all those who still want to transact in fiat. The ENTRY product package allows it to touch the financial life of each crypto user and change it for the better.

The problems addressed by the project ENTRY

The main problem of modern cryptoeconomy, according to developer ENTRY is the fact that the majority of people think of cryptocurrency exclusively as a speculative instrument. This reduces their loyalty to the new financial instrument, slowing its development and distribution.

The main task of ENTRY IS the integration of the blockchain into the Fiat environment, which will simplify the interaction of old and new financial institutions, and accordingly – to give crypto-currencies applied qualities that can be used by users.

In addition, the ENTRY platform simultaneously solves a number of problems that are observed in the blockchain market:

• The complexity of exchange operations in the direction of "cryptocurrency-Fiat"and" Fiat-cryptocurrency".
• The presence of intermediaries in the trading market,
  which charge high fees for the exchange of Fiat currency and Vice versa.
• The lack of simple and clear decentralized platforms that could be accessible to both beginners and professionals.

Thus, the ENTRY platform is aimed at the integration of blockchain technology in financial transactions with Fiat, which will improve their reliability, as well as attract new users to the crypto industry.

Structure ENTRY

The ENTRY platform is based on 6 functional structures:

• Entry.Money. This is an internal cryptocurrency platform, which will become the basic unit of economic relations between the parties. With it, you can make payments both in cryptocurrency and Fiat;
• Entry.Exchange. It is a virtual center of all operations of the platform, which will allow instant exchanges of cryptocurrencies and Fiat with minimal costs;
• Entry.Network. An API that allows you to integrate ENTRY services into your business;
• Smart contracts. A "legal" ENTRY component that will monitor the integrity and security of all transactions between the parties conducted on the platform;
• Entry.Bank. A digital Bank that will be responsible for traditional banking services (loans, deposits, etc.). The service will have its own plastic card unlimited geographically;
• Entry.Cash. The structure represented by various technical means for financial transactions-ATMs, terminals, etc.

Successful compilation of various tools makes ENTRY a really useful platform for those who consider IT as a cryptocurrency service, and for those who are more attached to the Fiat environment.

The benefits of the project

• A simple and affordable exchange of Fiat to cryptocurrency and Vice versa;
• Reliability and transparency of operations provided by the use of blockchain;
• Possibility to integrate platform functionality into third-party resources;
• "Transfer" of banking services to a more stable blockchain environment;
• The presence of familiar tools to simplify entry into the crypto industry;
• The complexity of services, which makes the platform universal in terms of functionality.

Details of the ICO ENTRY

ICO ENTRY will run all summer – from June 1 to August 31. As part of the token sale, the developers plan to release 590 million tokens. The price of one coin will depend on the time of its purchase – from 0.15 euros to 0.44 euros. Tokens will be distributed as follows:

• Pre-sale Time: 03 May 2018 - 10 May 2018
• ICO Time: 01 June 2018 - 31 Aug 2018
• Whitelist/KYC: Whitelist + KYC
• Country: UK

Token info

• Ticker: ENTRY
• Platform: ENTRY
• Token Type: Utility
• Available for sale: 325,000,000 ENTRY (55%)

Financial

• Pre-sale Price : 0.1 EUR
• ICO Price: 1 ENTRY = 0.15 EUR
• Accepting: BTC, ETH, DASH, Fiat
• Soft cap: 25,000,000 ENTRY
• Hard cap: 325,000,000 ENTRY

Roadmap

Team

Summary

The idea of combining the classical banking segment and cryptocurrencies looks very promising. First, it will allow to convert blockchain technology and digital currencies into a more familiar format for most users. Secondly, the platform will simplify the exchange of cryptocurrencies for Fiat for crypto enthusiasts themselves. Accordingly, in the future, we can expect a significant influx of users, and accordingly – the growth of the platform and its token rate. The project has already been supported by serious companies.

More information can be found here: 

Website | Whitepaper | ANN Thread | Bounty Thread | Linkedin | Facebook | Twitter | Telegram

Author: Ladyechy

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1986174

My ETH Address: 0x62Ff1DB85A2eb4a2c67724C60357F7AD87235b3e