The financial crisis of 2008-2009 led the general public to lose faith in the global banking system. This distrust was one of the prime motivations in the birth of Bitcoin, a cryptocurrency developed by a person or a group of people named Satoshi Nakamoto. The loss of trust in the banks led to the emergence of a peer-to-peer “trustless” electronic cash system based on a technology called blockchain.
The fundamental value proposition of the blockchain is that it eliminates the need for trust — a commodity without which exchanges of value (transactions) cannot happen. This means that individuals and businesses can do away with a whole bunch of intermediaries whom they pay for managing trust.
Bitcoin is just one application of the new technology (blockchain). The advent of cryptocurrencies has led to a worldwide boom where new innovations are being brought onboard, structured through pioneering crypto Tokens, to disrupt existing traditional industries
What is Entry
ENTRY is a blockchain - based platform empowered by smart contracts; it which not only acts as a bank by offering easy deposits, payment and lending services, cross-border payments, ATM facility/convenient withdrawals, but also as a cryptocurrency exchange for the business and consumer world.
Mission Statement:
To be the gateway between traditional and new financial paradigms and systems led by cryptocurrencies and empower the financial ecosystem to have a framework that allows for interoperability between the two.
We aim:
- To help cryptocurrencies achieve suitability for everyday transactions and open the world of crypto-finance to every citizen.
- To keep a transparent record of all the transactions in the ecosystem.
- To expand the use of cryptocurrencies for purchase and payments across the business world.
- To create a simple and all-in-one platform to revolutionize the traditional methods of dealing with banking systems.
ENTRY’s suite of comprehensive banking products and services will ensure a new benchmark in banking and financial services.
Entry.Money is a crypto currency and fiat payment gateway for e-shops that can be easily accessed through web and mobile app versions. It will provide IBAN (International bank Account Number) to every user of ENTRY to enable them to store blockchain assets in their accounts. Initially, we will facilitate only Euro currency (in fiat currencies) for all the transactions. We plan to put down roots in European countries which have a huge untapped market and then expand and incorporate all the major fiat currencies in the years to come.
Entry.Money allows the users to deposit, store, withdraw and transfer fiat as well as crypto currency. Merchant can use the platform for simple conversions to ensure sale of their goods. The merchant will get the sales price in the currency requested less the applicable transaction fees.
Merchant can trade beyond national boundaries without any hassle of currency differentiation or fluctuation. Merchants will be able to trade in their own currency (say Euro for now), giving freedom to buyers to use any crypto currency for purchase (say BTC). Entry.Money ensures that the merchant receives the payment in Euro; this process of conversion and transfer will subsequently bring liquidity on Entry.Exchange
Platform
- Entry.Money - Cryptocurrency and fiat payment gateway for e-shops. Personal and business account (deposit, withdraw, instant transfer cryptocurrency & fiat). Web and Mobile app versions.
- Entry.Exchange - Centralized and p2p ultra-fast and instant cryptocurrency exchange. High security standards, beginner friendly and worldwide supported service.
- Entry.Network - Open source code, wallet, custom blockchain, smart contracts, and custom Token creation platform.
- Entry.Bank - Blockchain technology enables fast and hassle-free cross border payments at a very low cost.
- Entry.Cash - Cash machine/ATM system. Transfer, cash out or top up with cash (using agents or cash machines). Payment gateway for POS (real shops, service providers). Payment cards will also be added in the future for ease of access for both fiat and crypto.
- ENTRY Token - Will be used in ENTRY platform as main cryptocurrency. Used in other platforms as main or side cryptocurrency. Tradable in exchanges.
Entry.Money enables peer-to-peer hassle-free cross border payments at a very low cost. The blockchain based platform and widespread acceptance of cryptocurrencies have made it convenient for people to remit funds to any country. For instance, if a person “A”, a UK citizen wants to make a payment in Bitcoin to “B”, a person who accepts only US Dollars and resides in the US. Then “A” can use ENTRY platform to make such transaction. This will revolutionize the acceptability of crypto across the world. Currently, transactions are a miniscule part of the crypto-ecosystem. It is presently dominated by speculation and “investing”. This will bring in merchants who can now accept Bitcoin payments but actually receive in Euro. Also, an investor who wants to pay from their crypto stash can now use it for paying in the real world.
Detail Token
Token Symbol: NTRY
ERC-20: Token Background
Token Type: Utility (KYC/AML Required)
SOFT CAP: 25.000.000 ENTRY
HARD CAP : 325.000.000 ENTRY
Total Supply: 590.000.000 ENTRY
Long Term Vision: Team Tokens locked 2 yr
Smart Contract : Security checked (audit)
Legal BusinessMI License ready (details)
For Informationn
Website: https://entry.money/
Whitepaper: https://entry.money/ENTRY_Whitepaper_v1.pdf
Facebook: https://www.facebook.com/entrymoney/
Twitter: https://twitter.com/EntryMoneyICO
ANN: https://bitcointalk.org/index.php?topic=3229958.0
Telegram: https://t.me/Entry_Official
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