Nuspay™ ICO Platform
Nuspay™ is making Blockchain adoption fast, flexible and secure. Nuspay™ platform made cryptocurrency transaction & exchange just a touch away and take it even many steps further. Nuspay™ leapfrogged to revolutionizing cryptocurrency industry. It offers a complete solution for cryptocurrency transactions and ICO.
Raising capital through an IPO (initial public offering) is an expensive, time-consuming process. For that reason transformational ideas might never reach market. But with an ICO, or Initial Coin Offering, boundaries of traditional finance are removed. It means that someone can offer investors some units of a new cryptocurrency or crypto-token in exchange against cryptocurrencies like Bitcoin or Ethereum.
The pre-created token can be easily sold and traded on all cryptocurrency exchanges if there is demand for them. With the success of Ethereum ICO are more and more used to fund the development of a crypto project by releasing token which is somehow integrated into the project. With this turn, ICO has become a tool that could revolutionize not just currency but the whole financial system. ICO token could become the securities and shares of tomorrow.
ERC-20 is the most well-known of all the standards within the entire crypto community, and most tokens issued on top of the Ethereum platform use it. ERC-20 tokens are blockchain assets that have value, and can be sent and received, like Bitcoin, Litecoin, Ethereum, or any other cryptocurrency. The difference between these tokens and a standalone currency like Litecoin is that ERC-20 tokens piggyback on the Ethereum network, hosted by Ethereum addresses and sent by Ethereum transactions.
Multisignature (multisig) refers to requiring more than one key to authorize a transaction. It is generally used to divide up responsibility for possession of assets. Nuspay™ Wallet is a multisignature wallet which will allow the users to invest during ICO, receive, transfer and convert ERC-20 Token. Apart from that users will be able to use that wallet for Bitcoin and Ethereum transactions. The Wallet can be integrated with Exchanges and Marketplaces.
The above picture shows how a multisignature wallet works.
A private exchanger integrated with the Nuspay™ Wallet where users will be able to buy ERC-20 Token by sending Ether from her/his wallet. They can also sell their ERC-20 Token from that exchanger. The buy and sell rate will be calculated using a formula based on Bancor. The challenge of liquidity without needing a counterparty to buy or sell a token is achieved through a smart contract, currently on the Ethereum network, which keeps a balance in another connected token at all times, and uses a simple formula to continuously recalculate the exact rate at which a Smart Token is convertible for any of its connected tokens, and as such, for any other token in the network. This replaces traditional labor-based solutions, in the form of market makers and exchanges, both for-profit actors, with a technical solution, in the form of a non-profit smart contract that will always buy and sell ERC-20 Tokens.
Nuspay™ Wallet users will be able to pay service providers worldwide, make international transfers, buy at online stores all over the world using ERC-20 Token or Bitcoin or Ethereum. Let’s take an example where user can buy online game credits or levels or subscription by simply paying out from wallet to the game company which is integrated with Nuspay™ Wallet or accepts ERC-20 token.
Smart Card - Multi Asset, Multi Currency
- Recharge from Asset/Crypto to Fiat.
- Purchase Asset/Crypto from Fiat.
- Merchant Payment by Asset/Crypto or Multi Currency .
- Fund Transfer [Only for fiat currency].
- Asset exchange.
- Cash In via Merchant [Only for fiat currency].
- Cash Out via Merchant [Only for fiat currency].
- Three NFC card for three different currencies.
- Accounts and Merchant settlement.