PayBlok (PBLK)


Token-Sale27th, August 2018 – 23rd, September 2018
CountryUnited Kingdom
Project Concept 
PayBlok is a utility token enabling B2B payments and financing on the InstaSupply platform. PayBlok is a token aimed at solving small and medium-size business cash flow problems by offering an early payment function on top of the existing features within the InstaSupply platform, which currently connects buyers and suppliers, matching purchase orders, deliveries, and invoices.
Project Purposes
InstaSupply is a cloud platform that allows businesses to track and control spend across suppliers. The platform provides purchase orders, budget control, approval workflows, delivery tracking, secure invoice and credit document storage and data collection, supplier and product management, payment control, and accounting reconciliation services.
PayBlok is a crypto asset that incentivizes B2B payments within the InstaSupply platform. The creation of this token allows the InstaSupply platform to offer a range of products for businesses including;
1. An Integrated Payment Solution.
2. Supply Chain Financing.
3. Asset-Based Lending.
An Integrated Payment Solution: The complete buying cycle will remain in a single platform, which will see the end of manual activities such as reconciliations and exports. This will ensure the security of the data and will eliminate risks and mistakes associated with transferring data between platforms.
Supply Chain Financing: Supply chain financing will be viable since there will be an appropriate environment that will allow for efficient workflow, automatic invoice approvals, and an integrated payment solution.
Asset-Based Lending: The lending is based on using the PayBlok tokens that will be used as the guarantee. If the loan is not repaid, InstaSupply will take the PayBlok tokens that will be used as collateral.

Token InfoInvestment Info
Token: PBLKAccepting: ETH
Platform: EthereumDistributed in ICO: 60%
Type: ERC20Soft cap: 5,000,000 USD
Price in ICO: 1 PBLK = 0.10 USDHard cap: 15,000,000 USD
Total Supply: 250,000,000 PBLKTokens for Sale: 150,000,000 PBLK
Know Your Customer (KYC): YESRestricted Areas: USA
Token Distribution
Token Sale: 60.00% (150,000,000 PBLK)
Blocked for Future Use: 15.00% (37,500,000 PBLK)
Company, Team, and Advisors: 18.00% (45,000,000 PBLK)
Incentives | Rewards: 5.00% (12,500,000 PBLK)
Affiliate | Referral Program: 1.00% (2,500,000 PBLK)
Bounty Program: 1.00% (2,500,000 PBLK)

June 2018Begin pre-sale of PayBlok tokens to key individuals and early registrants.
July 2018Open the main sale of PayBlok tokens.
Q2 20181. Begin application for regulation and compliance.
2. Begin applications for inclusion of PayBlok on third-party token exchanges.
3. Upgrade InstaSupply architecture to support full payments.
H2 20181. Build out of InstaSupply team to develop, support, market, and sell the extended product.
2. On-going development of new features.
Q1 20191. Deliver integrated payment gateway for receipt and delivery of fiat currency.
2. Deliver PayBlok wallets in the InstaSupply platform.
3. Provide full in-platform payment runs.
Q2 20191. Provide transfer-in of PayBlok tokens to InstaSupply wallets.
2. Start providing PayBlok rewards to buyers and suppliers.
Q3 20191. Provide purchase of PayBlok within the InstaSupply platform.
2. Provide Supply Chain Financing and Asset-based Lending.
Q4 20191. Provide transfer-out of PayBlok from InstaSupply wallets.
2. Provide cash-out of PayBlok tokens within InstaSupply.
2020 and beyond1. Further development of the PayBlok token as a reward within InstaSupply.
2. Delivery of more regulated financial services for businesses.
Articles and Researches
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ICO Reports
This is an independent report generated by a Coinschedule partner company. Coinschedule has no influence over its content and the views expressed may not reflect the views of Coinschedule. This is not investment advice, you are encouraged to do your own research and reach your own independent conclusions.

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