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PayFbit

PayFbit

ICO Ended
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25 Aug 2020 .
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PayFbit is a Global Fintech company developing a smart blockchain-powered ecosystem to manage all your Digital Asset needs – Crypto and Fiat. PayFbit optimizes payments and allows you to use crypto assets for everyday purchases. By doing this, it provides great solutions to real-world financial problems through a unique blockchain-based ecosystem, which utilizes crypto assets as the primary financial instrument. PayFbit is here to enable users to enjoy the benefits of crypto assets to the fullest.
Exchange & Launchpad
7.9
TOTAL SCORE
8.5
ICO PROFILE

(weight: 45%)

10
TEAM PROOF

(weight: 20%)

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General
Website: Visit
White paper: Read
Bounty: Bounty
ICO Time: 12 Aug 2020 - 31 Dec 2020
Country: UK
Token info
Ticker: PFBT
Platform: Ethereum
Token Type: ERC-20
Available for sale: 195,300,000 PFBT (63%)
Total supply: 310,000,000 PFBT
Financial
Pre-sale Price : 1 PFBT = 0.05 USD
ICO Price: 1 PFBT = 0.1 USD
Accepting: BTC, ETH, LTC, USDT & DASH.
Soft cap: 2,000,000 USD
Hard cap: 22,000,000 USD
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Q1 2018
Innovative mindset Co-founders decided to develop & launch their own crypto payment solution.<br /> Finalized concept based on market analyses.
Q2 2018
Registration of Company (May’18).
Q3 2018
Concept framework planning started. Consultation with experts.<br /> Team hiring.
Q4 2018
PayFbit Crypto Exchange feature design & planning started.<br /> PayFbit Crypto Wallet feature design & planning started.
Q1 2019
Team onboarding in progress.<br /> ICO Framework planning started<br /> PayFbit Smart card planning started<br /> Crypto Exchange MVP framework completed
Q2 2019
Crypto Wallet MVP framework completed<br /> Legal readiness of developed framework started.<br /> ICO framework completed
Q3 2019
ICO Website development started<br /> Wallet Multi integration tie-up structure planning started<br /> Payment system interconnectivity planning started.
Q4 2019
ICO Website development completed<br /> White paper development started<br /> ICO wallet integration completed<br /> Legal readiness completed<br /> Airdrop & Referral program developed on ICO portal
Q1 2020
White Paper development completed.<br /> Public announcement by Press Release.<br /> Airdrop Campaign launched.<br /> Legal readiness completed.<br /> Airdrop & Referral program developed on ICO portal.
Q2-Q3 2020
Development of Smart contract completed.<br /> Smart contract auditing completed.<br /> Private/Pre ICO sale closure (July'2020).<br /> Crowd sale started on ERC-20 platform (Aug’2020).
Q4 2020
Crowd sale closure on ERC-20 (Dec '2020').<br /> Token listing on public exchanges (Dec’2020).
Q1 2021
Crypto internal exchange mainframe development started.<br /> Exchange ecosystem readiness and hosting completed.<br /> User acceptance testing for crypto exchange completed.<br /> Beta Version Crypto internal Exchange launched<br /> Internal exchange with complete features launched for users.
Q2 2021
P 2 P exchange development started.<br /> P 2 P exchange hosting readiness completed.<br /> User acceptance testing started for P 2 P exchange.<br /> Beta Version for P 2 P exchange launched.
Q3 2021
PayFbit Smart Card development started.<br /> Payment gateway integration started.<br /> Crypto Web wallet platform development started.<br /> Crypto Wallet mobile application started for Android & iOS platform.<br /> Multi-currency readiness for crypto wallet started.<br /> ATM's withdrawal feature development started.
Q4 2021
Fiat currency handling solution readiness.<br /> Crypto wallet features testing started.<br /> Merchant handling module (online shopping & utility) development started.<br /> Crypto wallet integration with Banking gateways.
Q1 2022
Multi -Currency, Fiat handling solution completed.<br /> Payment gateway integration, ATM withdrawal & Merchant integration module completed.
Q2 2022
Beta Version of Crypto wallet launched.<br /> Crypto wallet platform global launched with all features & mobile application
Screenshots taken on 19 Aug 2020
Kamal Wadhwa
CEO & Co-Founder
Participates in a number of projects
Raunak Tomar
Co-Founder
Participates in a number of projects
Harvinder Singh Ayedee
Co-Founder
Participates in a number of projects
Imran Rahman
CTO
Participates in a number of projects
Ammad Siddiqui
Lead Developer
Participates in a number of projects

Advisors (2)

Cal Evans
Participates in a number of projects
Pascal Van Knijff
Participates in a number of projects
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