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ICOs 6,523

PayFbit

ICO Ended
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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.
7.9
TOTAL SCORE
8.5
ICO PROFILE

(weight: 45%)

6
SOCIAL ACTIVITY

(weight: 35%)

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
Q1 2018
Innovative mindset Co-founders decided to develop & launch their own crypto payment solution.
Finalized concept based on market analyses.
Q2 2018
Registration of Company (May’18).
Q3 2018
Concept framework planning started. Consultation with experts.
Team hiring.
Q4 2018
PayFbit Crypto Exchange feature design & planning started.
PayFbit Crypto Wallet feature design & planning started.
Q1 2019
Team onboarding in progress.
ICO Framework planning started
PayFbit Smart card planning started
Crypto Exchange MVP framework completed
Q2 2019
Crypto Wallet MVP framework completed
Legal readiness of developed framework started.
ICO framework completed
Q3 2019
ICO Website development started
Wallet Multi integration tie-up structure planning started
Payment system interconnectivity planning started.
Q4 2019
ICO Website development completed
White paper development started
ICO wallet integration completed
Legal readiness completed
Airdrop & Referral program developed on ICO portal
Q1 2020
White Paper development completed.
Public announcement by Press Release.
Airdrop Campaign launched.
Legal readiness completed.
Airdrop & Referral program developed on ICO portal.
Q2-Q3 2020
Development of Smart contract completed.
Smart contract auditing completed.
Private/Pre ICO sale closure (July'2020).
Crowd sale started on ERC-20 platform (Aug’2020).
Q4 2020
Crowd sale closure on ERC-20 (Dec '2020').
Token listing on public exchanges (Dec’2020).
Q1 2021
Crypto internal exchange mainframe development started.
Exchange ecosystem readiness and hosting completed.
User acceptance testing for crypto exchange completed.
Beta Version Crypto internal Exchange launched
Internal exchange with complete features launched for users.
Q2 2021
P 2 P exchange development started.
P 2 P exchange hosting readiness completed.
User acceptance testing started for P 2 P exchange.
Beta Version for P 2 P exchange launched.
Q3 2021
PayFbit Smart Card development started.
Payment gateway integration started.
Crypto Web wallet platform development started.
Crypto Wallet mobile application started for Android & iOS platform.
Multi-currency readiness for crypto wallet started.
ATM's withdrawal feature development started.
Q4 2021
Fiat currency handling solution readiness.
Crypto wallet features testing started.
Merchant handling module (online shopping & utility) development started.
Crypto wallet integration with Banking gateways.
Q1 2022
Multi -Currency, Fiat handling solution completed.
Payment gateway integration, ATM withdrawal & Merchant integration module completed.
Q2 2022
Beta Version of Crypto wallet launched.
Crypto wallet platform global launched with all features & mobile application
Last screenshot taken on 25 Aug 2020
PayFbit ICO
Screenshots taken on 19 Aug 2020
Kamal Wadhwa
CEO & Co-Founder
Takes part in this project only
Raunak Tomar
Co-Founder
Takes part in this project only
Harvinder Singh Ayedee
Co-Founder
Takes part in this project only
Imran Rahman
CTO
Participates in several projects
Ammad Siddiqui
Lead Developer
Takes part in this project only

Advisors (2)

Cal Evans
Participates in a number of projects
Pascal Van Knijff
Takes part in this project only
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