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.This problem is even more obvious with cryptocurrencies.
Even though there are several e-Money startups operating both with fiat and cryptocurrencies, there is none that offers 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 is building an e-wallet that enables to store, spend, transfer and invest crypto and other currencies. The startup answers the main needs of its future users :
Spending cryptocurrencies everywhere cards are accepted, online and in-store thanks to a physical card just like a VISA or MasterCard will be the first step. Changing cryptocurrencies into other 8 currencies and ability to use the ESR prepaid card in 120 countries easily and at the best fees, instantly exchanging money between wallet users through the app will be the next steps.
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 in 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 US 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 e-Token contract. The maximum quantity of 10,000,000 will be issued and all the unsold token will be destroyed after ICO.
Purchases will be possible through Orderbook widget on http://esrwallet.io/
1 ESR Token equals 10 dollars and the minimum investment is 1 ESR Token. Each investor who has bought more than 10 ESR token during PRE-ICO and ICO period will receive a free of charge personalized multi-currency prepaid card.
The cost of a token is reduced to 50% for the PRE_ICO period.
Payment procedure : “According to the Сharter, at the end of each quarter 30 percent of profit of the Payment and credit service ESR Wallet are transferred to specialized wallets, after which BTC, BCH, ETH, ZEC, DASH, LTC will be distributed among holders of ESR tokens according to 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 universal wallet with a full range of bank services and 20% per annum rate for deposits in any cryptocurrency. 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 money, as doing with USD, EUR and so on. Technology and finance are more than ever intrinsically linked and we won’t be able to move forward in the crypto-world without platforms such as ESR Wallet.
ESR has been 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 Ethers during the Parity Ethereum wallet Attack.
Learn more about ESR Wallet at – esrwallet.io/en/
Follow on Twitter at – @ESR_WALLET
Follow on Facebook at – @ESRwallet
Join the discussion on Telegram –https://t.me/ESRWALLET
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Source：Read the official page