PayrLink has made escrow services more secure and fast
PayrLink is a smart-contract-based protocol that offers secure escrow service and private solutions. On Thursday, the blockchain-based protocol announced the beginning of its PAYR token’s public sale. On the other side,
The idea behind the project has come following the increasing count of scams in the cryptosphere. Notably, the protocol aims to support the digital ecosystem with justice. However, following the roadmap of the escrow service provider, it seems yet it has a long way to go.
Cryptocurrencies are helping millions achieve financial inclusion. PayrLink will do the same in access to justice by enabling arbitration in a large number of contracts that are too costly to pursue in court confidentially. Just as Bitcoin brought “banking for the unbanked.”
PayrLink PAYR’s Pre-Sale event is live
The team behind PayrLink plans to roll out its cross-chain platform and expand within 2021. In recent developments, the protocol has concluded its Private Pre-Sale event on May 31, 2021. Afterwards, on Thursday, the protocol began the Public Pre-Sale event, which will end on June 21, 2021. Hence, now the community can buy PAYR tokens which are available on the Ethereum blockchain.
To protect cryptocurrency whales, the platform’s team has set a minimum and maximum limit on purchases. Indeed, buyers can only purchase PAYR in the range of 0.1 ETH to 5 ETH. In the ongoing event, 1,92,000 PAYR tokens are worth 1 ETH, and the team has set a goal of 125 ETH worth PAYR sale.
About PayrLink
PayrLink is a dApp powered by blockchain technology and works as a third-party arbitrator. In the current scenario, fraud in transactions has also surged with the high adoption of crypto assets. According to statistics shared by ScamWatch of Australia, last year, approximately $36,368,289 worth of funds were laundered via buying and selling scams.
Following the scenario where it is a gruelling task to trust anyone, PayrLink has brought the solution as a secure service, which can help prevent such fraudulent activities. The smart contract will require to designate the protocol as its arbitrator.
Overall, PayrLink will solve escrow scams, bank delays, and centralized arbitration issues that individuals face while buying and selling real estate. With PayrLink’s logic, individuals globally can now transfer cryptos much quickly with lower charges and can enjoy the most secure escrow service. Significantly, now no more scams.
About PAYR tokens
PAYR is the native cryptocurrency of the PayrLink blockchain. PAYR has a total supply of 200,000,000 tokens. Among the total supply, only 77,000,000 tokens will be offered to purchase. Notably, 7.5% of total PAYRs are dedicated to the team working behind the project, and 5% of the tokens will be distributed among advisors.
We can learn more about PayrLink on its official website, and we can purchase PAYR tokens from the Public Pre-Sale event. Reach out to the team working behind on Telegram or Twitter, and read their blog on Medium.