PexCash
Website:
Status:
Archived ICO
Token:
PEXC
Start:
19-06-2018
End:
29-06-2018

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pexcash 02 Jul 2018 06:58

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WEBSITE  |  WHITEPAPER  |  SLACK  |  TELEGRAM  |  TWITTER  |   REDDIT  |  FACEBOOK  | DEMO

PexCash | PRESALE July 4th - July 14th
P2P crypto/cash money transfer and exchange app using GPS map location
Say goodbye to MTO's, Wire Transfers and ACH Transfers
Using PexCash you can send/receive cash money instantly without any middlemen

KYC | Accepted Currencies: ETH, BTC, ICX, BNB and TRX

Decentralized Android/iOS app that provides an easy, secure and instant P2P money transfer system to exchange, transfer or sell your cryptocurrencies to cash using your GPS map location. Pay lower fees than any other money transfer service, list your sell offers and get paid instantly without a long boring process through a third party.

Market Overview

  • Transaction Value in the “P2P Money Transfers” segment amounts to US$65,761m in 2018
  • Transaction value in the United States only is US$15,138m
  • Annual Growth Rate (CAGR 2018-2022) is 19.4%
  • Number of users is expected to be 188m by 2022

Problem

  • P2P money transfer services require a lot of verification information, papers to be signed, long waiting lists, long processing time and extremely high fees, moreover, it’s not easily accessible to everyone, in some places, people will have to travel 1-3 hours to receive or send their money.
  • Cryptocurrency to cash exchange sometimes -and in some places- is very difficult to manage, using online escrow service has a high risk of scam and money loss, using a third party service requires a lot of verification documents and eventually charge relatively high fees for processing your exchange requests.


Solution

Literally, a person-to-person money transfer app, no middle men.
  • Send / receive cash anywhere, worldwide, instantly
  • Exchange cryptocurrencies to cash from your nearest portable exchange (person/user)
  • Sell cryptocurrencies in your location
  • GPS map location-based open marketplace
  • Blockchain-based and decentralized system
  • Fees are up to the exchange/user, allowing negotiation between both parties
  • Serverless app, no lags or delays, no system downs, no data losses
  • Extremely high security measures, all transactions are held within the decentralized PexCash network and are instant
  • Transparent, public transaction trackers
  • App nature requires physical meeting between parties eliminating any probabilities of unpleasant trading/exchange behavior




Project Details

In an exponentially progressing world, traditional methods have become extremely inefficient to get things done, whether it’s over-formality, long processing time, high fees or tiring verification process, such disadvantages in today’s fast growing world -particularly in money transfer field- make methods such as, WIRE transfers, ACH transfers or international money transfer services, extremely outdated; hence, PexCash app was created. A decentralized, serverless, secure and instant P2P cash money transfer app, as in literal person-to-person process, PexCash is capable of handling money transactions domestically and internationally, with the lowest possible fees. By utilizing blockchain technology and GPS map location, we’ve created a brand new innovation that will revolutionize the P2P money transfer industry. PexCash totally depends on physical meetings between trading parties/persons, the app is mainly created to provide cash-in-hand transfer/exchange solution.

PexCash’s concept is simple to explain yet complex to accomplish, the app is comprised of 2 main transaction types, 2-node transactions and 4-node transactions, 2-node transactions are transactions taking place between 2 persons like exchanging crypto/cash or crypto/crypto which is best for domestic local transfers, while 4-node transactions allow people to send/receive money internationally or through long distance, 4-node transactions are the fastest way to send money from one country to another, it requires 2 people to be physically present in each country/location, example: if person #1 is in USA and wants to send X amount in cash to person #4 in China, person #1 hands cash to person #2, person #2 sends an equivalent amount in PEXC to person #3, person #3 hands cash to person #4, PexCash app will handle the “person #3 – #4” process for you instantly whenever you initiate a send/receive request, so using PexCash, such process is done within 1-5 minutes, without going through a chain of never-ending middlemen.




Token Details

    Name: Pexcash
    Ticker: PEXC
    Supply: 2,000,000 PEXC
    Token Sale: 1,400,000 PEXC
    Soft Cap: 600 ETH
    Hard Cap: 3900 ETH
    Total Cap: 4500 ETH

    Pre-sale: 300,000 PEXC
    Discount: 50%
    Price: 0.002 ETH
    Goal: 600 ETH

    Tier 1: 500,000 PEXC
    Discount: 25%
    Price: 0.003 ETH
    Goal: 1500 ETH

    Tier 3: 600,000 PEXC
    Price: 0.004 PEXC
    Discount: 0%
    Goal: 2400 ETH
    Distribution: 12-48 hrs





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Information

Decentralized Android/iOS app that provides an easy, secure and instant P2P money transfer system to exchange, transfer or sell your cryptocurrencies to cash using your GPS map location. Pay lower fees than any other money transfer service, list your sell offers and get paid instantly without a long boring process through a third party.

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