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PayApi Escrow provides secure escrow service for businesses

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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

Sapphire is the exclusive currency for the world’s biggest jackpot game. The Sapphire enables people to win the highest prices in the history, and use their tokens worldwide. Once the coin has been published, people can buy & sell them freely on the selected digital exchanges.​

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 ready20% Pre-sales funds released
Pre-sales phase is completed with minimum of 10M tokens sold40% Pre-sales funds released
First Sapphire Lottery has been executed and winnings released60% Pre-sales funds released
Pre-ICO phase is completed80% Pre-sales / 20% Pre-ICO funds released
Token has been created and published in the Ethereum mainnet100% Pre-sales / 40% Pre-ICO funds released
Investor Lottery has been started (ICO phase)60% Pre-ICO funds released
ICO phase is completed80% Pre-ICO / 20% ICO funds released
First version of the game is released for alpha testing100% Pre-ICO / 40% ICO funds released
Token has been made available in the first digital exchange60% ICO funds released
Game is ready and can be played with tokens80% ICO funds released
First major jackpot (10M+) has been paid out to the user100% 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.

The investment process starts by making the investment decision and payment request using the secure payment form. Depending on the payment method and investment amount, the Customer Due Diligence (CDD) process will follow (Know Your Customer/Business).

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.

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