Paytomat, the decentralized system for cryptocurrency payments, announces its pre-sale, which will start on April 2nd, 9:00 am UTC. A 10% bonus will be provided to the Whitelist members. The idea behind Paytomat is increasing the transactional usage of cryptocurrencies in everyday life, providing additional incentives for businesses, customers, and crypto core teams. Launched from Ukraine in 2017, Paytomat is expanding its business globally and aims to develop its own unique blockchain-based loyalty program, fueled by PTM and PTX tokens.
Currently, the team is beta-testing customer mobile wallets and a standalone Paytomat Mobile POS for both payment processing and a blockchain-based loyalty program. In the long run, Paytomat plans to focus on the decentralized franchise for local markets and on reaching out to various industries outside of HoReCa.
Paytomat has already introduced an extension to receive payments in crypto on existing POS (point-of-sale) terminals using Poster, Profit Solutions and 1C. For the past year, it has gained solid traction, having been successfully deployed across 150 merchants. Starting in 2018, Paytomat began their active expansion into CEE countries and already secured partnerships with various retailers in Poland, Bulgaria, and the Czech Republic, as well as Georgia.
Yurii Olentir, Paytomat CEO, says:
“There are over 1,500 coins and tokens in the world, but how many of them are actually used? Paytomat is designed to connect cryptocurrency core teams, consumers, and businesses, so they all benefit from the new crypto economy. Our intention is to nurture the market, offering real-life applications to various cryptocurrencies by enabling local stores and online merchants to accept payments in crypto. We are a liquidity network, a point of sale interface, a smart asset platform, and best of all, a loyalty program with incentives for both merchants and customers.”
The Paytomat Ecosystem will operate using three cryptos: PTI, a utility Waves-token issued for the purpose of the token sale; PTM, a coin based on its own blockchain; and PTX, a non-tradable token built on top of PTM and used to get loyalty rewards from merchants.
Whitelist registration closes April 2nd, 08:59 am UTC, followed by the pre-sale (April 2—18). The overall soft cap for the PTI token sale is 4,555,000 PTI, the hard cap is 17,555,000 PTI. The initial price for 1 PTI is 0.1 mBTC or 10,000 satoshis. The following cryptocurrencies will be accepted: BTC, ETH, LTC, DASH, WAVES. Paytomat will run a bounty program on Telegram, Medium, Twitter, and YouTube.
