Papyrus

Category: CryptocurrencyInternetPlatform

About

Protocol for Digital Advertising

Papyrus is an open source scalable blockchain platform specifically designed to fight all the issues of digital advertising market - fraud traffic, brand safety issues, excessive middleman cuts, and absence of supply chain transparency. Unlike other existing blockchains Papyrus has unique features that make it feasible solution for practical adoption: low transaction costs, privacy management, execution of smart contracts based on large volume of data. Papyrus connects advertisers, publishers, agencies, advertising platforms and verifiers within Papyrus blockchain network to create trust, fairness and efficiency within digital advertising market.

Contacts

Papyrus Foundation Pte. Ltd.

Singapore
79 Ayer Rajah Crescent, #05-08

Milestones

  • 2017 February
    R&D team assembled
  • 2017 May
    First white paper published
  • 2017 August
    First partners joined
  • 2017 November
    $1.5M raised in token sale round 1 First proof-of-concept in Ethereum
  • 2018 March
    MVP launch and token sale round 2
  • 2018 June
    Enterprise pilots with partners
  • 2018 September
    Launch of Papyrus Testnet & Papyrus Wallet
  • 2018 December
    Launch of Papyrus blockchain network

Team

Board of directors

Abeed Janmohamed
CEO
Igor Alferov
Founder, Chairman, CTO

Advisors

Richard Titus
Strategy Advisor
Jeremy Epstein
Marketing Advisor
Eyal Hertzog
Strategy Advisor
Tim Brown
Business Development Advisor
Jeremy Levitan
Strategy Advisor
Dmitry Lee
Technology Advisor
Leo Eletskikh
Technology Evangelist
Mike Costache
Strategy Advisor
Alexander Shishow
Strategy Advisor
Brad Yasar
Strategy Advisor
Mikhail Fedorinin
Operations Advisor
Marissa Kim
Legal Advisor

Team

Shirlene Chandrapal
SVP Strategic Business Development
Addie Conner
SVP Product Evangelist
Alexander Shvets
Product Director
Elena Obukhova
Communications Director
Ilia Stytsenko
Lead Software Web Engineer
Igor Sokolov
Blockchain Engineer
Alexander Kholodov
Lead Software Engineer
George Odysseos
Business Development Manager
Tanya Krishtopa
Project Manager
Andrey Vlasenko
Lead Software Engineer
Alexander Telegin
Mobile Software Engineer
Aleksei Pupyshev
Research & Development Expert
Vyacheslav Trofimov
Web Developer
Vitaly Bubyakin
Frontend Developer
Shamil Valishev
Digital Marketing Manager
Stanislav Kirillin
Communications Manager

ICO information

ICO starts (UTC)
TBA
ICO ends (UTC)
TBA
Whitelist
Yes
KYC
Yes
Product status
MVP
Est. product launch
6 months
Main competitors
Not specified
Payments
Bitcoin Ethereum
Social media

Token information

Symbol
PPR
Platform
Ethereum
Unsold tokens
Not specified
Token lock time
for ecosystem participants, lockup until 2019 month
Soft cap
Not specified
Hard cap
17 500 000 USD
Circulating supply
450 000 000 PPR
Total supply
1 000 000 000 PPR
Max bonus/discount
Not specified
Token value
0.055 USD
Token issue
Not specified

Dates and stages

Stage Type Start date End date Amount Min. purchase / Amount from Max. purchase / Amount to
Pre-Sale 2018-03-21 12:00 2018-08-31 11:59

Financial distribution

45% Token Sale Round 1 and Round 2
15% Network growth pool, block rewards, advisors, automatic rewards for early adopters
15% Token sale round 3 for ecosystem participants, lockup until 2019
15% Papyrus Foundation Pte Limited, 2-year lockup with a 6-month cliff
10% Founding team, 2-year lockup with a 6-month cliff

Ratings and reviews

TokenDesk rating
8.9
Reviewed and rated by
0 experts|0 members
TD team
8.8
Vision
9
Product
8
Team
9
Profile
9
Scanner
9
TD team
8.8
Vision
9
Product
8
Team
9
Profile
9
Scanner
9
Tokendesk team Admin
8.8
Vision
9
Product
8
Team
9
Profile
9

Vision: Papyrus aims to create a scalable blockchain protocol for digital advertising. According to Papyrus CEO –  Abeed Janmohamed advertising ecosystem has many issues these days. Some of the most common problem – lack of transparency, low user experience.. With the use of blockchain Papyrus aims to solve digital advertising problems. Papyrus wants to connect advertisers, publishers, agencies, advertising platforms and any other digital marketing players by creating decentralized application platform.

Product: Papyrus is building a decentralized advertising platform. Papyrus ecosystem will run with the help of  decentralized applications. Decentralized protocols will be created on Ethereum blockchain and they will describe how ecosystem will be working. Developers will be able to create decentralized applications with these protocols and create their own digital advertising space. Decentralized applications created by other users will be controlled by Smart contracts. It might be very hard to understand how Papyrus idea should work without any deeper IT knowledge. There are some blockchain projects who will be Papyrus competitors – BAT and QChain, it’s not a first time someone tries to solve advertising industry problems.

Team: Papyrus team consist of 18 team members and 12 advisors. Majority of the team members were working in the businesses and advertising industry. The good thing that they have a  blockchain engineer in their team and we can find engineers and developers from IT industry. It looks like that Papyrus can be named as a serious business not only a one more blockchain project. Papyrus also have a strong advisory board with people from various spheres.

Token Structure:  Papyrus will be introducing two different types of tokens. PRP – Papyrus prototype tokens, which will be used in the ecosystem prototype. PPR – Papyrus permanent tokens, which will be used in the permanent version of the ecosystem. Both of the tokens will be built on Ethereum network and will be ERC20 tokens. Tokens will be used for payments for ads, compensation for users, paying service fees. Papyrus have a very difficult to understand token metrics and sale information, because of use of 2 different tokens, which can scary off some of investors.  

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Papyrus

Category: CryptocurrencyInternetPlatform
TokenDesk rating
8.9
Reviewed and rated by
0 experts|0 members
TD team
8.8
Vision
9
Product
8
Team
9
Profile
9
Scanner
9
TD team
8.8
Vision
9
Product
8
Team
9
Profile
9
Scanner
9
Platform
Ethereum
Token
PPR
Token value
0.055 USD
Hard cap
17 500 000 USD
Payments
Bitcoin Ethereum

Write a review

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