Cryptocurrency Supported Electronic ESR Wallet Announces Crowdsale
ESR Wallet, a popular e-Wallet platform has announced the launch of its crowdsale campaign, starting Sept. 25, 2017.
SAN FRANCISCO, Sept. 19, 2017 /PRNewswire/ -- ESR Wallet, an e-Wallet company, already operating with fiat currencies announces its token pre-sale, starting Sept. 25. The project aims to create universal payment and credit service with the support of popular cryptocurrencies.
Storing money on a platform has been possible for a while with applications such as PayPal or Venmo, but there are still a lot of limitations when wanting to use it; fees when sending abroad or in another currency, delays when transferring to another account, no easy cash-back options and more. The problem is even more evident when it comes to cryptocurrency support.
Even though several e-Money startups are operating with both fiat and cryptocurrencies, none of them offer a full range of banking services. Moreover, almost all of these projects haven't been realized yet, and everything they aim to accomplish isn't likely to happen soon.
We can notice that unlike others, the ESR Wallet payment provider is already the licensed issuer of electronic money, regulated by the Gibraltar Financial Services Commission.
ESR Wallet
ESR WALLET is building an e-wallet that enables to store, spend, transfer and invest crypto and other currencies. The startup answers the primary needs of its future users:
Starting with the mission to enable users to spend cryptocurrencies wherever cards are accepted – both online and in-store, the platform will make physical cards, just like VISA or MasterCard available to the users. Soon after, users will be able to exchange their cryptocurrencies to eight major currencies, while enjoying the ability to use the ESR prepaid card in over 120 countries. Other steps include the instant exchange of money between wallet users, through the app. The platform will offer all these at the best possible fees.
ESR Wallet takes it even further. Wallet users will also have the possibility to be issued credits in any cryptocurrencies, get cash back and open an investment portfolio managed by an experienced trader. The last step — trust management fund, will be fully in place by August 2018.
ESR Wallet is an operating system founded by SERGEY SLASTIKHIN, former co-owner of Paytoo – an e-Money company that has been working in the U.S. since 2005. He joins forces with talents such as Oleg Gerasimov, Arkady Khokhlov, and Vitalii Kirillov –founders of the IT company Fast and Shine featured on Forbes' Top TOP-25 of the best franchises. The company implements IT solutions in the service sector.
Token Sale
ESR token is released on the basis of an e-Token contract. The platform has set the maximum number of tokens at 10,000,000 and all the unsold tokens after the crowdsale. Participants in the token presale can do so through the Orderbook widget on http://esrwallet.io.
Each ESR Token equals 10 dollars, and the minimum investment is set at 1 ESR Token. Every investor who has bought more than 10 ESR tokens during Pre-ICO and ICO period will receive a free of charge personalized multicurrency prepaid card. The ESR tokens are available at a 50 percent discount during the Pre-ICO period.
Payment Procedure
According to the Charter,
"at the end of each quarter 30 percent of profits from the payment and credit service, ESR Wallet is transferred to specialized wallets, after which BTC, BCH, ETH, ZEC, DASH, LTC will be distributed among ESR token-holders as per the terms and conditions of the smart contract. Profit gained in USD and EUR will be converted at ESR Wallet market price as of the date of distribution of dividends in ETH and transferred to the relevant wallet."
About ESR Wallet
ESR Wallet is developing a platform that will transform the cryptocurrency industry and create financial incentives for its users.
ESR's mission is to develop a universal wallet with a full range of banking services and 20 percent per annum rate for deposits in any cryptocurrency. With cryptocurrency becoming a bigger part of the economy at a faster pace than expected, it is one's first concern to be able to manage and spend them, just like USD, EUR, and other currencies. Technology and finance are more than ever intrinsically linked and we won't be able to move forward in the cryptoworld without platforms such as ESR Wallet.
ESR is advised by the brilliant ANDREY ZAMOVSKIY, founder of Ambisafe, who has been involved in the cryptocurrency development since its early beginning and OLEKSII MATIIASEVYCH, who helped to save $1.4 Mln worth of Ether during the Parity Ethereum wallet attack.
Learn more about ESR Wallet at – https://esrwallet.io/en
Follow on Twitter at – https://twitter.com/ESR_WALLET
Follow on Facebook at – https://www.facebook.com/ESRwallet
Join the discussion on Telegram – https://t.me/ESRWALLET
Media Contact
Contact Name: Alex Korn
Contact Email: [email protected]
Location: San Francisco, USA
ESR Wallet is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
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SOURCE ESR Wallet
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