December 2021, v.2.2.5
(Project is under development, check our roadmap)
It is a Decentralised Finance (DeFi) based Governance Token, with the benefit of Utility Token & Cryptocurrency. It is Deflationary, also provides Staking Reward. We are the first in the Crypto Industry to offer a Buyback Guarantee of all ICO Tokens. It is used in plenty of our Open-source ecosystem projects in Daily life. Through the different ecosystem projects, we will bring the mass adoption of crypto globally.
With the increase of crypto usage, which ends the country's borders and government control over our finances, we would like to offer you our token that can be used for the daily purchase of products or services worldwide.
We have plenty of ecosystems that can bring together products and services which we are using in our daily life globally.
From Mobile Topup & Gift Cards, Travel (Hotels/Flights) booking, E-commerce, Auction, Gaming, Crypto wallet & Exchange and Payments & Cards solution. Once the projects are operational, we plan to bring this to the Open-source developer community, while we remain as maintainers of the project.
These diverse online businesses and open source ecosystems provide significant leverage to use our tokens and make a profit at the same time.
We will distribute 9 million tokens as referral incentives, airdrop, marketing and promotions of the projects. Yearly, 1 million tokens are scheduled for the giveaway to the community for the next 4 years, and 5 million tokens are arranged to contribute to Staking Rewards Incentives. The company will reserve 10 million tokens as a liquidity reserve. The 20 million tokens are further scheduled to divest equally 5 million yearly to maintain the circulating supply and the operational cost of the project.
Per transaction fee, open-source developer community funds, staking incentive rewards funds, burning of tokens, unlocking of ICO tokens and many more decisions to be determined by token holders through the governance voting system.
After constructive feedback from the token holders, we arranged to lower the token release % for the Stakeholder ICO which was distributed to Founders from 25% to 10%, and Co-Founders from 25% to 15% respectively. We also released a pre-sale with the conditional yearly unlocking of tokens for investment purposes to bring more users to the Ecosystem.
Get your Token to decide the future of the project !!!
For more info, visit our website at www.pylontoken.com.
There are thousands of different types of tokens in the blockchain. Out of those few, hundreds are listed on www.coinmarketcap.com. In 2016/2017, many crypto projects came into the market as an initial coin offering (ICO). People bought the tokens of the projects expecting a bright future for the project and most of them are not able to keep the hope of the users. If you see the tokens that came into existence, around 98% failed. The majority of the ICO investors lost their investments.
In 2020/2021 after the Initial Exchange Offering (IEO) came into the market, it seems to be somehow a better offering than the ICO that was in 2016/2017. Again a new wave of early investment in the project started globally. None of those projects guarantee the investments on the IEO/ICO. Again there is a risk to own those tokens like it became the risk in the past.
Seeing the growing demand for Decentralised Finance (DeFi) which will be autonomous in nature still does not help the growth of the project. As it remains the same which will never change overtime to give the new existing look and feel to the project, hence again DeFi projects seem to be boring.
The market is still looking at the blockchain project, which is decentralized finance (DeFi) and can keep changing over time and bring value to the project. This is the only way to keep value growing to the project in the future. We see the governance token started coming into the market but the problem still exists by having a very high number of tokens to be released or minted over time which again does not fulfill the investor's expectations and market demand by creating the value to the project.
Here we come up with an innovative concept that will address all the problems to the existing crypto-based projects and bring future-oriented value growth. We decided to issue a token that possesses several features:
Completely comprehending the depth and the nature of the problem that crypto space faces nowadays, our team commenced actions aimed at bringing a durable solution for the crypto world. By the launching of Pylon Eco Token (PETN), which is described as below.
Innovative features of Token (Cumulatively in the Project):
DeFi Governance voting will determine:
Even though cryptocurrency has made a significant impact on the world economy since its presentation to the public, and taking into account that this topic had wide coverage in mainstream media, announcing large purchases of cryptocurrency by hedge funds and traditional investment pools, cryptocurrencies are not rapidly becoming embraced by merchants, financial institutions, and consumers alike. Moreover, in general, we could say that crypto has still not been adopted by the majority of society.
There are many reasons for that and among them is the unidirectional character of all ICO projects that have been designed and implemented so far. The majority of them cover only one topic that hinders the entire process concerning the wide application and mass adoption of cryptos in the world.
Therefore, we decided to design a product that will address the problem mentioned above. As a result, our team came up with Pylon Eco Token, which is multimodal and provides the following benefits:
We envisage using Pylon Eco Token in plenty of ecosystems that are given below. Due to this fact, our team managed to create a well-balanced and low-risk portfolio that will serve as a financial guarantor for the given token. The Pylon Eco Token team believes that as a result of their activities it will be possible to introduce a universal token to the public that could be used daily in purchasing products and services on a global scale thus affecting the mass application of crypto in the world.
Our experts estimate that the daily turnover of the Pylon Eco Token could reach up to 1 billion US dollars when it is used globally.
Forty million is distributed in the stakeholder ICO phase to the founder member of the project who invests in the verbal idea of the project. The token is distributed to 8 users raising 25,000 BUSD from each, resulting in a 200,000 BUSD total contributed in this phase. This phase involves high risk and high gain.
Ten million tokens are distributed in the Private ICO phase to the early adopter and believer to the project based on the whitepaper. The token is distributed to 250 users raising 1,600 BUSD from each, resulting in a 400,000 BUSD total contributed in this phase. Also, in this phase, users are required to invite four people to the same or next phase to the ecosystem.
Ten million tokens are distributed in the Pre ICO phase to the early investor to the project based on the ongoing development of the ecosystem projects. In addition, the token is distributed to 1000 users raising 1,200 BUSD from each, resulting in a 1,200,000 BUSD total contributed in this phase.
Twenty million tokens will be distributed in the exchange based on the completion of a few ecosystem projects that can be used in our daily life.
Ten million will be issued to the company as a liquidity reserve. In addition, nine million tokens are distributed as referral incentives, airdrop, and marketing of the projects.
All the ICO tokens are buyback guarantees on the original price the token holders have purchased. The ICO buyback guarantees are only valid if the ICO tokens are not used in any transfer or consume any product or services directly or indirectly.
25% of the token will be released every year, leaving almost no space for pump and dump. The release starts after the first exchange listing.Technical Details:
We want to bring a daily use of crypto and mass adoption to the people globally through our ecosystem services/products. We have allocated funds from every transaction to develop our ecosystem through the developer community.
Mobile Topup & Gift Cards | www.pyloncharge.com
Provides a wide range of payments in Finance, Gift Cards, Government, Insurance, Internet, Landline, Mobile, Television, Transportation, Utilities and VoIP services across Africa, Americas, Antarctic, Asia, Europe and Oceania.
Travel (Hotels/Flights) | www.pylontrip.com
Provides a wide range of payments required for your travel needs national and international Hotel Reservations, Flight Tickets, Car Rentals, Cruises, Trains Tickets and Insurances around the globe.
E-commerce | www.pylonmall.com
Offers millions of products with the best price guarantee. Starting from the USA, we are opening new countries for local delivery of all our products, upcoming countries are India, Australia, China and Russia.
Online Auction | www.pylonauction.com
Provides a wide range of products in an auction where you can participate and place your bids on your desired price. We have products available for hourly, daily, weekly, monthly and yearly deadlines for it.
Gaming | www.pylonplay.com
Offers wide collections of games for adults and non-adults in free or paid for real-time earnings. You can play as a challenge with your friends. Games are across racing, shooting, adventures, puzzles, cards, toss, rullets, slots, arcades e.t.c.
Crypto Wallet | www.pylonwallet.com
Buy, store, exchange and earn crypto using our trusted and secure crypto wallet. We offer internal wallets along with external wallets. Using internal wallets to transfer across ecosystem sites in your account is fast, secure and free of cost.
Crypto Exchange | www.pylonexchange.com
With the growing demand for crypto across the globe, we offer the widely used top crypto to buy, sell or trade. Some of the cryptos are BTC, BCH, ETH, BNB, LTC, USDT, BUSD, TRX, XRP e.t.c.
Payments & Cards | www.pyloncash.com
It offers the payments and remittance service, through which you can cash out your token values in fiat currencies through its channel partners. It will also offer prepaid debit cards to users worldwide through the exchange of your tokens.
If you think of any new ecosystem to be added to the project ecosystem that will bring mass adoption to the community, we love to hear from you. We would like to contribute by bringing those products and services into daily use. Please contact us with more info.
As we have around six months to complete the ecosystem projects, we think to do things differently from others in the crypto projects by spending one-fourth of their revenue. We tried to do things differently. We did not spend a single dime on social media marketing or other sponsored and paid promotional. We believe in the power of mouth-to-mouth spread of messages through their friends and family.
We believe in our project with very innovative features that no one ever offered to the IEO/ICO investments and things worked for us.
An airdrop is distributing a cryptocurrency token or coin, usually for free, to multiple wallet addresses. Airdrops are primarily implemented to gain attention and new followers, resulting in a more extensive user base and a wider disbursement of coins. We implement airdrop via telegram, social media campaign, partnership with exchanges and many more where ever it is possible to make awareness of our project.
Starting from 5%, 2.5%, 1.25%, 0.75%, 0.50% resulting in a total of 10% referral incentives are awarded for five levels in tokens respectively. Which is bought by the system and gives the user a referral incentive in BUSD and makes it available to transfer or withdraw instantly.
We decided to reward our existing members who help to bring people to the project and grow our community bigger, with 10% referral incentives in BUSD.
Our team is working hard to complete all activities on or before the listed tentative schedules as below. However, based on the complexity of work, we need to rely on third-party representatives. Therefore, completion of listed activities may take a longer time. Still, we will make sure all the activities to be completed on or before time cumulatively.
The roadmap may change without any prior notice. If you have any issue regarding it then you can always ask to return back your ICO tokens to the company through the buyback guarantee program.
We have collaborations with people from different backgrounds as well with big industries.
Our partners are :
Besides, we have extended our partnership with :
The company’s team derives from professionals passionate about blockchain technology, trading, and portfolio management with a demonstrated history of working in different industries (financial services, trading, real estate, travel, software development, and others) in Asia, Europe, and America.
We want to extend our warm welcome to any qualified future team member who can bring value growth to the project. Also, any team members are replaceable, including founders, through the governance process.
Lutz Flechsig (Head of Online Trading) [Netherlands]
Lutz is an experienced trader with over thirty years of experience in trading commodities, forex, stocks, crypto in delivery, non-delivery, leverage, margins, CFD, spot, and futures markets.
Shishir Pokharel (Information Technology) [USA]
Shishir is a software engineer. He holds more than a decade of experience in system administration and project architecture. Presently, He is working in audio/video (AV) streaming technology to bring it into the blockchain.
Lasha Martashvili (Financial Analyst) [Georgia]
Lasha has twenty years of experience in the financial industry and has worked in asset management, trading, portfolio, and financial market analysis in many investment management companies in Europe.
Tatiana Kvekveskiri (Operations) [Georgia]
Tatiana has around ten years of diverse working experience in banks, forex, real-estate industry in accounts and operations. She is a successful trader and a true believer in crypto, who is leading our overall project's operations.
Ashok Gautam (Head of Wallet, Exchange & Cash) [Georgia]
Ashok is a blockchain expert with extensive knowledge of servers and security. He has served as system admin in Internet Service Provider, IT Manager in a Bank, CEO in Fintech and Blockchain company.
Mikheil Chitadze (Head of PylonPlay) [Georgia]
Mikheil likes to do art, he is good at graphic creation. His passion is to make a career in the Gaming Industry. He is very good at gaming. We expect he will bring the gaming environment to the project and help grow the gaming section of our ecosystem.
Umesh Gaire (Head of PylonCharge) [India]
Umesh has a decade of experience in the customer service department. He loves to listen to other's problems and always comes up with the perfect solution. He likes helping people around and gaining new experiences. The Pylon Fintech team believes that due to Umesh’s talent and knowledge the company will have a bright future.
BJ Solanki (Head of PylonTrip) [India]
BJ Solanki has around ten years of experience in the travel industry. He also owns multiple businesses from restaurants, hotels, money exchange etc. We strongly believe that under Mr. Solanki’s sagacious guidance, the company will demonstrate outstanding results.
Devendra Magar (Head of PylonAuction) [UK]
Devendra has collected years of experience in auction and bidding. From the experiences he has gained, he is very good at identifying the authenticity of different items. Likewise, he assesses the level of risks involved in any auction project as well as negotiates with suppliers to secure customer satisfaction.
Karuna Subedi (Head of PylonMall) [China]
Karuna is an eCommerce expert handling both B2B and B2C platforms. Karuna is also involved in planning and executing different digital marketing strategies along with promotional campaigns. Furthermore, she is also personally running a dropshipping service for her clients.
The growth team derives from professionals passionate about blockchain technology, trading and portfolio management with a demonstrated history of working in different industries globally.
We want to extend our warm welcome to any qualified future team member who can bring value growth to the project. Also, any growth team members are replaceable based on their performances, through the governance process.
Bishal Bhandari [Australia]
Bishal believes in the crypto future and blockchain technology. He is a successful crypto trader and entrepreneur. He has an excellent vision for the company's growth toward success.
Darwin Jayme [Philippines]
Darwin is an experienced web developer, marketing consultant, and visionary entrepreneur. He had success with some of the online projects in the past. His involvement will bring great value to the project.
Sanjeeb Chaulagain [Japan]
Sanjeeb is a dynamic person who has a good understanding of financial markets and is involved in team building through his leadership skills. He is currently involved in multiple emerging projects but likes to focus his team-building on our project seeing future value growth.
Puskar Budhathokee [Korea]
Puskar is an entrepreneur and forex trader. He is more into crypto trading and Investing. Also believes in financial freedom through the use of crypto. He believes DeFi will create a history in financial freedom.
Sabbir Ansari [India]
Sabbir is a young entrepreneur and crypto investor. He is a leader and a coach, having experience in direct sales and marketing, also believes in financial freedom and has a keen interest in team-building and growing together.
Raphael Enoch [Nigeria]
Africa is a growing market for the crypto industry collectively. He believes in crypto and its leverage to financial freedom. Through his sales and marketing experiences, he is confident to invest his time to grow the community together.
Mr. Crypto [your country]
Your name could be here if you are passionate about crypto and you think you can lead this project in your region. We are waiting for you.
PYLON FINTECH LLC (405463840), registered in 105, Shalva Nutsubidze Str. Tbilisi, 0186, Georgia. Pylon Eco Token is distributed through www.pylontoken.com. The issuing of crypto tokens is legal and does not come under the securities law in Georgia. Accordingly, it is not a security or otherwise a regulated product or instrument under applicable laws.
There is only one regulation law about crypto actives in Georgia, Decision of the Financial Ministry of Georgia N201 and it covers only the issue of how to regulate taxation and Value Added Tax (VAT) payment for the individuals. According to this law :
Individuals in Georgia are exempt from income tax on any profit received from the sale of cryptocurrency. The sale of the cryptocurrency or its exchange for Georgian Lari (GEL) or other currency is not subject to VAT. It applies to transactions between legal entities and individuals. According to the amendment to the Tax Code, crypto actives are not subjected to VAT regulations.
There is not any kind of special regulations about companies/legal entities who work in the Crypto business and doing any activities in this field, because of the nature of the cryptocurrency, It is practically impossible to determine the place (territory) of the operation, because the supply of cryptocurrency and its conduct in other currencies takes place in a virtual space, between the virtual community, if the test, through the content of the operation, should be considered, because this action does not exist.
Furthermore, the Company is not receiving any fiat currency in the process of Token distribution and does not have any bank accounts, which also excludes them from any taxation applicable from Revenue Service in Georgia.
At this time Crypto Business is not regulated under Georgian law, but also is not a forbidden or unauthorized business type.
Participation in any ICO is a high-risk activity. There can be no assurance that token holders will receive a payback of their crypto value or any positive returns on their owning of tokens. Therefore, before holding the tokens, prospective token owners should carefully consider all the risks they may face when obtaining the tokens. In addition, prospective token holders should consider carefully whether owning the tokens is suitable for them, considering the information herein along with their personal legal, and financial circumstances.
Prospective token owners are informed regarding the lack of possibility to take any legal action against the company, its executive team members, any referral/up line member or any token holders in the event of the project's failure or non-performance, and the event of a decline or even total loss of value of Pylon Eco Token (PETN)
During the ICO and in the future, the company or any members of the executive team can not be held accountable for any of the following:
We advise you to carefully consider whether this token is appropriate for you. You should be aware of all the risks of owning a token and seek advice from your financial advisor if you have any doubts. We do not advise holding or participating in this project from the counties where crypto is not legal. You may use it at your own risk.
The whitepaper is translated into multiple languages via the community's contributions. Hence, the English language version of the whitepaper is the official, authorized and accurate information on the project.
You can reach us via any means like Telegram, Viber, LiveChat, and Support Tickets.
Pylon Fintech LLC (405463840)
105, Shalva Nutsubidze Str.
Vake, Tbilisi, 0186, Georgia
Phone: +1-909-547-3618 (USA)
Email: [email protected]
Below are our official websites and their ecosystem for the project. We may have other domains, but those domains must redirect to the final website to one of our below-listed domains. We do not have any other websites. We take no responsibility for others claiming those websites are pylon eco token projects. We believe in completing all our project activities before or on time.
Lists of social media where you can reach us for projects and ecosystem-related queries.
For better interaction between users, to help build the community, we are available in: