ENTRY.MONEY: A blockchain based banking service

What is ENTRY project?

ENTRY is a blockchain-based banking service designed to increase the flow of cryptocurrencies in the real economy. It is an AI empowered multi-utility financial platform. ENTRY is designed to allow people to use fiat as well as crypto currencies in their day-to-day purchases without really having to be concerned about the technology behind the system. ENTRY envisions becoming a truly global bank in the post fiat world. Its entire framework is structured to enhance utility of all crypto Tokens and simultaneously facilitate all those who still want to transact in fiat. ENTRY’s suite of products allows it to touch the financial lives of every crypto user and change it for the better.

The ENTRY platform is based on blockchain technology and makes use of smart contracts. The aim of the platform is twofold.

First, it will act as a bank where users can store their cryptocurrency tokens, make payments and lend money out.

They will also be able to transfer both cryptocurrency tokens and fiat money internationally, as well as make use of withdrawal services like ATMs.

The second aim is to function as a cryptocurrency exchange for businesses and private persons.

How does The ENTRY work?

The general idea is to allow consumers to purchase goods and services online for cryptocurrencies, and the merchants to be paid in fiat money.

The online exchange will allow merchants to do conversions on the platform.

This will ensure they get the right price (minus the transaction fee) and avoid fluctuation and differentiation.

The only fiat currency that will be available in the beginning will be EUR, as the ENTRY project will target the Eurozone first.

The plan is to eventually expand to the global market and cover all fiat currencies.

About ENTRY.MONEY

During the worldwide crises, it becomes vital that the present financial platform was deeply flawed. It also turns into clear that these vulnerabilities could have a major impact on the worldwide market even in the upcoming time. Even now, the worldwide economy is struggling development. Transferring payments across worldwide boarders are remain quite complex. It also consumes much of time and is quite expensive.

The existing models which run on the banking platform are slow and complete intermediaries. Besides that, you’ve to deal with counterparty threats, wide paperwork, and several bureaucracies. The business model made by the plan has focused on toll keeping with no offering users any actual value addition. By eliminating the intermediaries, it’ll aid to make the system quicker, safe, and more cost-efficient for those involved.

Some More Details about ENTRY.MONEY

ENTRY.MONEY is a fiat and crypto payment gateway for e-stores which can be accessed by simply through the web and smart devices. The system will offer IBAN to each user and create it possible for them to safe block-chain assets in their account. Firstly, the system will just support the EUR money. The main reason for this is that the goals of the system to target EU, which has a wide and untapped industry. Later, the creators will extend and incorporate every major fiat money in the future.

With ENTRY.MONEY, users will be capable to deposit, store, withdraw and move fiat and digital currencies. Traders will be capable to utilize the system for simple conversations, therefore, make sure the sale of their assets. The traders will then get the sales cost in the fiat they request negative the dealer charges.

Traders will be capable to deal beyond their national lines with no issues of money differentiation or fluctuation. Traders will be capable to deal in their fiat money of choice where consumers will be able to make a buying in crypto currencies. This system will make sure that traders are paid in EUR. The procedure of discussion and move is then going to offer liquidity to the ENTRY.EXCHANGE.

The Synergy of the ENTRY.MONEY services

The services in the ENTRY.MONEY system is comprehensive & interdependent on any other. They’ve been seamlessly integrated to offer the consumer a full banking experience. Their goal is to make a new banking are where the consumer has complete control and every facility are avail under a single roof.

ENTRY.MONEY Mission:

To be the gateway among the paradigm and the usual and new financial platforms led by digital money and empower the financial system to have a system that allows interoperability among the two.

ENTRY.MONEY aims

• To help digital money access conformity for each day deals and open-up the universe of virtual finance to each and every citizen.

• To keep transparent details of every deal in the system

• To extend the use of virtual money for buying and payments across worldwide business

• To make a simple and versatile system to revolutionize usual ways of dealing with baking platform

• Comprehensive baking item and service package ENTRY.MONEY make sure a new benchmark in financial and
banking

ENTRY.MONEY services

• ENTRY.MONEY
Digital currency business and fiat money payment gateway for e-stores, individual and business accounts (withdrawal, deposit, instant fiat and crypto money transfer. We and Smartphone application versions, and Debit card!

• ENTRY.EXCHANGE
Centralized digital money centralized and instant and ultra-fast P2P, high-security systems, user-friendly services and supported startups across the globe!

• ENTRY.NETWORK
Wallet, open source code, Smart contact, custom block-chain and the making of platform-specific tokens!

• ENTRY.BANK
Block-chain tech allows rapid and uncomplicated cross-border payments at the extremely low rate.

• ENTRY.CASH
Cash machine, ATM system, transfer, cash-out, and top-up with money (applying an agent or cash machine). Payment gateway for real store, the service provider (POS), it will also look to have a fund card in upcoming time for simply entrée to both crypto and fiat.

Token entry will be applied in the ENTRY.MONEY as the main virtual money, used in other systems as primary or not virtual currency can be traded in exchange.

Token information:

• Token Symbol ENTRY
• Token Background based on ERC-20
• Token Type Utility
• Sales Date Token 17th April to17th July 2018 (Temporary)
• KYP / AML needed For all ICO contributors before or after
purchase
• United States Limited (Please check the rules of your Country before
participated)
• HARD CAP 325.000.000 ENTRY / 80.500.000 EUR
• SOFT CAP 25,000,000 ENTRY / 2.500.000 EUR
• License Money Institution Ready
• Status of the MVP Project Ready
• TEAM Ready
• Currency Received for ICO Fiat Currency: EUR, USD,
• Total ENTRY Coins 590,000,000 million
• Crypto currency Debit Card: BTC, BCH, ETH, LTC, DASH
and many more

Roadmap:

Live Timeline


2015
Started development and obtained Money Institution License.

2017
Signed agreement with Central bank to get SWIFT and IBAN numbers to connect EU SEPA system.

2017
Developed payment gateway (credit/debit cards, bank links and others) to collect funds for online shops.

2017
Started integrations with Central Bank system to provide peer-to-peer payments to all EU banks and started to build infrastructure for international payments.

2017
Started crypto-exchange and beta version will be ready before ICO or during ICO.

2017
Conducted meetings with card issuers for issuance of MasterCard or Visa cards to the ENTRY users and invested more than 1 million Euro for continuous development of the platform.

2018 (1st to 3rd Quarter)
Started developing Pre-ICO and ICO. During ICO we will launch payment gateways (ENTRY.MONEY) with bank accounts for personal use. We will launch crypto exchange (ENTRY.EXCHANGE).

2018 (4th Quarter)
Change money institution license (already obtained) to Electronic Money License or European Bank License. Starting to obtain financial licenses outside EU to operate worldwide.

2019 (1st-2nd Quarter)
Expand (ENTRY.MONEY) services adding business account worldwide and launch app.

2019 (3rd-4th Quarter)
Release (ENTRY.NETWORK) wallet to store, send, receive your crypto, participate in ICO through wallet. Blockchain (own or partners owned).

2019 (4th Quarter)
Start P2P Lending (ENTRY.BANK).

2020 (2st-3rd Quarter)
Launch ATM systems (ENTRY.CASH) and put cash machines for beta testing.

2020 (3rd-4th Quarter)
Start partnerships with agents to provide deposits and withdrawal services with cash.

2021 (continues)
Investment, loans and other banking and finance services worldwide.

TEAM