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PayBlok

PayBlok

Created using Figma

Last Update

Jun 29, 2018

PayBlok is a token aimed at solving small and medium size business cash-flow by offering an early payment function on top of the existing features within the InstaSupply platform, which already supporting the trade of over 2300 businesses, and is growing daily.
Aug 27, 2018
Sep 23, 2018
100% completed
Raised funds - no Data
Goal 5 000 000.00 USD
Cap 15 000 000.00 USD
past
Token Details
Ticker
PBLK
Accepted Currencies
ETH
Company Details
Registered Country
United Kingdom
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
Whitelist
Yes ,
KYC
Yes
Categories
Platform, Cryptocurrency

About PayBlok

InstaSupply was founded in late 2014 by Lee Pruitt and Tim Huegdon with the vision to simplify all buyer and supplier business interactions online; born out of their prior experiences. InstaSupply have spent time building and refining a robust workflow that captures, digitizes, and automates all the back-and-forth interactions that proceed payment. Whilst disruption of the problems in business related to ordering, delivering, invoicing, and accounting have been a key focus, managing payments has always been the company end game since inception. Funded through rounds of investor financing since formation, the company has built a team of deeply experienced professionals who develop the platform, onboard and sustain thousands of businesses, and have processed over $60 million in transactional value.

PayBlok Roadmap

  • June 2018

  • Begin pre-sale of PayBlok tokens to key individuals and early registrants.

  • July 2018

  • Open main sale of PayBlok tokens.

  • Q2 2018

  • Begin application for regulation and compliance in order to be a fully regulated global business bank and lender.
    Begin applications for inclusion of PayBlok on third-party token exchanges.
    Upgrade InstaSupply architecture to support full payments.

  • H2 2018

  • Build out of InstaSupply team to develop, support, market, and sell the extended product.
    On-going development of new features.
    • Read More

  • Q1 2019

  • Deliver integrated payment gateway for receipt and delivery of fiat currency between buyers and suppliers.
    Deliver PayBlok wallets in the InstaSupply platform.
    Provide full in-platform payment runs.

  • Q2 2019

  • Provide transfer-in of PayBlok tokens to InstaSupply wallets.
    Start providing PayBlok rewards to buyers and suppliers.

  • Q3 2019

  • Provide purchase of PayBlok within the InstaSupply platform.
    Provide Supply Chain Financing and Asset-based Lending

  • Q4 2019

  • Provide transfer-out of PayBlok from InstaSupply wallets.
    Provide cash-out of PayBlok tokens within InstaSupply.

  • 2020 and beyond

  • Further development of the PayBlok token as a reward within InstaSupply.
    Delivery of more regulated financial services for businesses.

PayBlok Team

Verified 23%

Attention. There is a risk that unverified members are not actually members of the team

Tim Huegdon
Co-founder and CIO/CTO
unverified
Lee Pruitt
Co-founder and CEO
unverified
Neil Crosby
Head of Technology
unverified
Michael Davies
Chief Technical Architect
unverified
Jonny Ford
DevOps Engineer
unverified
Peter Featherstone
Software Engineer
verified
Lee Jordan
Head of User Experience
unverified
Marcus Raphael
Head of Business Intelligence
verified
Martin Coxall
Digital Marketing Director
unverified
Bruno Valerio
Product Manager
unverified
Suravi Saha
Customer Success Associate
unverified
Chris Entress
Sales Executive
verified
Amara Wyatt
Graphic Designer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Riaz Shah
Investor & Director
unverified
Mark Evans
Investor & Advisor
unverified
Mark Hodges
Tax Account
unverified
Sarah Lane
Company Lawyer
unverified

PayBlok Interviews

Peter Featherstone
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Software developer at InstaSupply.
Marcus Raphael
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
PayBlok is a utility token enabling B2B payments and financing on the InstaSupply platform

With Payblok we will offer de-risked invoice financing for all size businesses, including SMEs that are usually not well supported by banks.

With a market of more than 10 Trillion Dollars on invoices unpaid at any given, where more than half are after the due date, there's a lot of space for growth and or Team has total conditions to deliver a successful project.
Chris Entress
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm look after sales for InstaSupply, the business behind PayBlok. Given the demand on our platform alone for instant payment for suppliers, PayBlok can change the way supply chain finance works for small businesses.

PayBlok Last News

N/A
5.0 20
ICO Profile Vision Activity Potential Product Team
Do not agree with our rating?
icomarks
8.4
payblok.instasu...

PayBlok Reviews

Ian Balina
77
Read More
ICO Review Source
thetechinsider.org
reviews

Positives
SMBs cash flow can be more predictable and timely so that long term plans can be achieved easily.
Less likelihood for human error so that time is not wasted on having to return invoices etc.
Overall accounts are up to date and transparent, enhancing audibility.
Can be used as an alternative to a bank, if funds are necessary.
Negatives
InstaSupplys platform with the integration of PayBlok will only work given both sides of the transaction are willing to use the utility token.

Read More
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