Based in the UK, InstaSupply is a platform to manage the exchanges of businesses interactions. It works as a payments and logistics ecosystem where businesses (buyers and suppliers) can either transact value and/or documents as well as interact with other companies in an automated manner, with the option to monitor all the related subjects.
The PayBlock (PBLK) token is an Ethereum-based (ERC20) cryptocurrency. It will power the platform tokenized economy by acting as the medium to perform the supplier-buyer transactions on the InstaSupply. The PBLK token can be cashed out in Fiat currency from the platform, InstaSupply will buy back the tokens at the current market value.
PayBlock ICO began on August 27, 2018. The ICO token supply represents 60% of the total token supply, so there is a total of 150,000,000 PBLK tokens available, for 0.10 USD each. The ICO funding target is 1,000,000 USD, the funding cap is 5,000,000 USD and is expected to end on September 23, 2018 or when the funding cap is reached.
Token Reserve Split (40%):
PayBlock ICO features a bounty campaign.