WE SECURE THE INVESTMENT FOR YOU
Both with traditional payment methods and currencies, but also with crypto-currencies.
Despite of the amount of the investment.
PayApi Escrow provides secure escrow service for businesses that raise money or intend to raise money for different purposes, such as company re-structuring, projects, crowdfunding or other special cases where escrow service is required to build safety-net between the buyer and the seller.
OPPORTUNITY: SAPPHIRE ICO
PayApi Escrow has made an agreement with the Sapphire Coin development company to monitor and control their Initial Coin Offering (ICO) fundraising and to hold the funds until required milestones have been reached. If the minimum funding targets are not met or the defined milestones are not reached, investors will get their funds back from the trusted organization - PayApi Escrow Ltd.
Once the client company, Sapphire, will reach the milestone, a certain amount of funds will be released. The achievement of these milestones is evaluated by the PayApi Escrow, from the coin investors’ perspective. In addition, certain minimum targets shall be reached in the fundraising.
MILESTONES FOR THE SAPPHIRE ICO
|Milestone||% of Funds Released|
|Wallet and referral program system is ready||20% Pre-sales funds released|
|Pre-sales phase is completed with minimum of 10M tokens sold||40% Pre-sales funds released|
|First Sapphire Lottery has been executed and winnings released||60% Pre-sales funds released|
|Pre-ICO phase is completed||80% Pre-sales / 20% Pre-ICO funds released|
|Token has been created and published in the Ethereum mainnet||100% Pre-sales / 40% Pre-ICO funds released|
|Investor Lottery has been started (ICO phase)||60% Pre-ICO funds released|
|ICO phase is completed||80% Pre-ICO / 20% ICO funds released|
|First version of the game is released for alpha testing||100% Pre-ICO / 40% ICO funds released|
|Token has been made available in the first digital exchange||60% ICO funds released|
|Game is ready and can be played with tokens||80% ICO funds released|
|First major jackpot (10M+) has been paid out to the user||100% ICO funds released|
Legal notice: Please notice that exact milestone definitions will be released as part of the agreement and Sapphire project documentation. This table is shown here as a reference.
At this point, PayApi Escrow Ltd has already authenticated and verified the seller company and made the agreement with the company including plan for the evaluation of the project milestones and release schedule for funds.