Round 10
Winner
Prontopagos Pay
by

PAYING SERVICES IS EASY, FAST AND SAFE

Budget request:  
*
WebsiteCode

Project Stage

Expansion

Category

Micro & B2B Payments

Based in

Venezuela

Team size

Active since

2020
Products & Services

Prontopagos Pay (Info) is not a common Stellar Blockchain wallet-exchange. The app is already published in the Play Store Prontopagos Pay. Its interactive and visual design is totally oriented towards individual users unrelated to technology (outsiders, basic users); people who consider technology as a means (moderate utilitarian and passionate utilitarian).

Prontopagos Pay (Info) is aimed fundamentally at the vast majority of the population that complies with the payments of services and taxes on a recurring, ordinary and regular basis. While Stellar is a platform with multiple benefits, current Stellar solutions fall far short of providing a platform for governments, businesses and customers to pay for obligations and services. For this reason, Prontopagos is a tool for:

1.     Payment of Public Services (water, electricity and gas, urban sanitation).

2.     Payment of municipal, national, regional taxes.

3.     Payment of tax obligations. They are obligations with the State as income and complementary taxes, value added tax-VAT, withholding at source, with the Municipality as industry and commerce tax, property tax and others.

4.     Payment of labor obligations. They are configured in the employer-employee relationship through a verbal or written employment contract. Payments for salary, transportation assistance, payroll, social benefits, etc. are configured.

5.     Payment of operational obligations. They arise from commercial relations for the supply of raw materials, goods or services, merchandise for sale, transportation services, which are usually paid in the following month or subsequent period.

6.     Payment of guaranteed debt obligations (mortgages, loans, credit cards)

7.     Payment of Telecommunications services private companies (Internet, Telephony, Television)

8.     Payment of Telecommunications services public companies (Internet, Telephony, Television)

9.     Payments for Goods and Services.

Stellar's network makes it easy for Prontopagos Pay  (Info) the reduction of costs in transactions, for which users can carry out all their operations with very low fees per transaction. Prontopagos is a non-custodial wallet. Prontopagos is aligned with Stellar's purpose: to facilitate the sending of money quickly, safely and with low transaction costs, which fosters a favorable environment for the Venezuelan and Latin American community in general.

Prontopagos Pay has developed under the Stellar protocols and documentation an anchor with which it issues and destroys the assets BSS(Venezuelan Bolivar),USDV(American dollar). The anchor provides the entry and exit rails for interaction with other networks and traditional banking institutions. In this way, the institutions and organizations that use Prontopagos receive their funds in national currencies, fully complying with local regulations and laws that govern the matter.

Prontopagos is on track to incorporate Smart Contract in the service collection model by integrating the Project GST(https//gst.gobelx.io). Which creates a simple and easy platform for the creation of Smart Contract for guaranteed payment obligations and that will allow companies to manage various financial instruments and products associated with the collection of the services they offer.

Gobelx is the institution that develops Prontopagos and has created direct relationships with multiple companies in the public and private sectors that have expressed their intention to incorporate their services in the wallet.

We need the support of SCF to continue getting closer to all the public and private companies and government entities in Venezuela, which provide services such as water, electricity, urban cleaning, municipal taxes, fiscal stamps, telecommunications, telephony, television.

No items found.
Previous Project(s)
No items found.
Progress so far

Prontopagos Pay

·        Development of the first productive version of Prontopagos Pay.

·        We signed 6 alliances with private telecommunications companies and a strategic alliance with the public hydrological company of the state for the collection of their service accounts.

·        Sending assets through the public key, the federation address or, in the case of Prontopagos users, simply by entering the username.

·        Ability to edit the federated address and ability to connect the federated address to the account.

·        Support for Deposit / Withdrawal (SEP-0006 and SEP-0024) for all crypto and fiat assets as long as their anchors have these standards correctly implemented.

·        Telegram customer service channels @Prontoamigos and our "Help" page Prontopagos.gobelx.com.

·        Knowledge base in 2 languages ​​(English and Spanish)

·        Purchase of Lumens with local currency (Bs).

·        Transaction history both in the bot and on the web.

·        Exchanges and transactions with non-native asset pairs.

·        A Contacts page (on the web we use Lobstr identicons)

·        A page of assets where each one will have its detailed description which we consult from your toml file.

·        Management of Payment requests () through your username.

·        Exchange of assets with Payments in Route

·        QR Scan Support

·        Asset market in Beta Phase (each asset will have a detailed description, statistics, market cap, charts, SDEX price, etc.). It allows exchanging assets using the Prontopagos wallet.

·        We offer a referral program with different initiatives that motivate new users.

·        Communicate the deposit and withdrawal fee structure for an anchor to the user

·        Support for SEP-0007

·        Enabled 2FA from the web.

·        Access control

·        Payment of Products and services.

Anchor

·        Issuer of coins USDV, BSS keeping your backups in our fiat bank accounts and our BTC multisignature account.

o  1 USDV : 1 US Dollar in Venezuelan Banks

o  1 BSS: 1,000,000 Bolívares in Venezuelan Banks

·        Alliances with all national banks for interconnection with their B2C and B2B platforms.

·        We comply with the Sep0006 and Sep0024 standards, for the deposit and withdrawal of our coins

·        We have implemented Sep0007 in our anchor for fiat withdrawal.

·        Support for SEP-0010

OBJECTIVES IN PROCESS

·        API set-up - B2B Company Services Integration. With this API (Application Programming Interfaces) we provide in a transparent and published way the complete mechanism to interact the administrative and accounting systems directly with our application.

·        Integration of public and private administrative and accounting systems. Currently the company has administrative systems in operation in several companies and with them we achieved the perfect introduction of Prontopagos.

·        Advanced asset market (each asset will have a detailed description, stats, market capitalization, charts, SDEX price, etc.). It will allow the exchange of assets using the Prontopagos wallet.

·        Comprehensive interface for managing referrals and affiliate marketing strategies (Number of referrals, payments for referrals, reports).

·        We are currently developing support for SEP-31.

We have a progressive incorporation of users. We hope to encourage the increased use of the tool with the support of SDF. We operate in Venezuela mainly but we have potential users throughout Latin America.

Goals

In a period of six months our objectives would be:

1.      Develop and implement a strategic sales and marketing plan.

2.      Complete the development of our API - B2B.

3.      Develop the financial statistical WEB interface for the management of public and private companies

a.      accounting reports

b.     customer reports

c.      Compound Interest Delinquency Tool

d.     Generation and control of automatic scheduled tasks.

4.      Establish an alliance with the Government for the collection of tax stamps

5.      Establish an Alliance with the Municipalities for the collection of Municipal Vehicle Taxes.

6.      Establish an alliance with the Mayor's Office for the collection of traffic fines.

7.      Establish alliances with State Telecommunications Services Companies (Airteck, Full Data, Oz connection, Intercable, Netuno)

8.      Integration of Prontopagos with the GST platform (Gobel Smart Trade), one of the Defi projects (GST) of our company, for the implementation of Smart Contracts.

To get there, we  will use our requested budget of  
*
  to:

P1 -

  • Add to our Team the services of an experienced Marketing and Sales department.
  • Complete the development of the WEB interface for the management and collection of Services in Web Prontopagos
  • Improve the visualization of operations for the user.
  • Add new functionalities for the integration of New Services.
  • Incorporate trading options, user trading statistics.
  • Complete the development and testing of the liquidity pool.
  • Integrate all the components of the Gobelx Ecosystem.
  • Create an internal system of metrics and statistics that allows us to monitor the entire ecosystem in real time.

Q2 -

  • Incorporate new affiliate programs.
  • Incorporate all customer service channels.
  • Complete the System-Wide Whitepaper.
  • Launch the first version of Prontopagos with GST- Gobelx Smart Trade  currently running on Testnet. This will allow companies to establish non-payment obligations with their clients Mora, Debts using smart contracts.
  • Test, evaluate, and refine the business model for the entire GTS ecosystem, including the legal counsel considerations we request.

In legal terms

We have a legal department that guarantees the objective progress of all our projects within the national (Venezuela) and international legal framework. In Venezuela we are registered with the National Superintendency of Cryptoactives, which rules and regulates operations with cryptocurrencies in the country. We have our license for active economic activity.

The management team of Prontopagos (Gobelx) is initiating relations with the company FinClusive in order to obtain legal advice and integration with its financial inclusion services. In addition, the first steps are being taken to register the company in the US and access the regulatory mechanisms to provide users with greater confidence in our solutions.

To meet our projections, we need to hire:

1 Front-end Back-end Developer and CCS

1 Back-end Developer for Prontopagos Web

1 Back-end Developer for API-B2B

1 Sales and Marketing Director

2 Executive Marketing and Sales Specialist

Overview

PROBLEM SOLUTION

The individuals unrelated to technology (outsiders, basic users); people who see technology as a means (moderate utilitarian and passionate utilitarian) they are groups of users are part of a large majority of the population that regularly pays services and taxes on a recurring and ordinary basis. While Stellar is a platform with multiple benefits, current Stellar solutions fall far short of providing a platform for governments, businesses and customers to pay for obligations and services. For this reason, Prontopagos Pay is a tool for:

1.     Payment of Public Services (water, electricity and gas, urban sanitation).

2.     Payment of municipal, national, regional taxes.

3.     Payment of tax obligations. They are obligations with the State as income and complementary taxes, value added tax-VAT, withholding at source, with the Municipality as industry and commerce tax, property tax and others.

4.     Payment of labor obligations. They are configured in the employer-employee relationship through a verbal or written employment contract. Payments for salary, transportation assistance, payroll, social benefits, etc. are configured.

5.     Payment of operational obligations. They arise from commercial relations for the supply of raw materials, goods or services, merchandise for sale, transportation services, which are usually paid in the following month or subsequent period.

6.     Payment of guaranteed debt obligations (mortgages, loans, credit cards)

7.     Payment of Telecommunications services private companies (Internet, Telephony, Television)

8.     Payment of Telecommunications services public companies (Internet, Telephony, Television)

9.     Payments for Goods and Services.

¿Qué problema(s) ha identificado? ¿Cuáles son los puntos débiles de sus usuarios? ¿Cómo los resuelves?

How do you use Stellar in your solution?          

  • Stellar's network makes it easier for Prontopagos to reduce transaction costs, so users can carry out all their operations with very low fees per transaction. In addition, Prontopagos is a non-custodial wallet, which, thanks to the security offered by the Blockchain, user accounts remain highly confidential and secure and any action carried out on them will generate a record in Stellar's books.
  • We have also developed, under Stellar protocols and documentation, an anchor with which it issues and destroys BSS (Venezuelan Bolívar), USDV (US Dollar) assets. The new AMM market standards have also allowed us to create a strategy for the liquidity of our assets.. The anchor provides the entry and exit rails for interaction with other networks and traditional banking institutions.

TARGET MARKET                                                              

Prontopagos Pay  https://acortar.link/Qz6UVFit's not a wallet exchangeExchange common Stellar Blockchain. Its interactive and visual design is totally oriented to usuarios individuosindividual users outsiders to technology ( outsiders , basic users); people who consider technology as a means (moderate utilitarian and passionate utilitarian).

a.      WEB: https://Prontopagos.gobelx.com

b.      WebApp: (https://Prontopagos.io)

c.      Instagram (https://www.instagram.com/prontopagos/)

d.      Youtube (https://www.youtube.com/channel/UCFajo4t2Cc2B8k-9plVWDhw/videos)

e.      Twitter (https://twitter.com/gobelxca)

f.       Medium : (https://gobelx.mediun.com )

These groups of users are part of a large majority of the population that pays services and taxes on a recurring and regular basis. While Stellar is a platform with multiple benefits, current Stellar solutions fall far short of providing a platform for governments, businesses and customers to pay for obligations and services.

It is also important to highlight that Venezuela, according to the firm Chainalysis, is among the ten countries with the highest global rate of adoption of Cryptocurrencies, which favors the acceptance of our applications.

The large social groups between 20 and 60 years of age pay taxes and services on a regular and recurring basis. Companies in Venezuela such as Corpoelect (SuminstroSupply ElectricoElectric National), Cantv (National Company of Telecounicacionestelecommunications), HidroCapital (Potable Water and Sewage Services) do not have tools to connect their systems decobranzacollection and financial systems to preesadosresprocessors Payment with Cryptoactives.

Our objective is incioporarto incorporate nustraour tool at opcienesoptions collection of service companies both publicaspublic and private and even the use of smart contracts for their collection of obligations for non-payments or debts using smart contracts GST(https://gst.gobelx.io/). .

in first phase nuetrosour target customers are emresasBusiness local ofsrvicosservices of telecommunications (Airteck, Intercable, Netuno), these companies each have portfolios of more than 10,000 subscribers in a poblacionpopulation region of 6 million inhabitants, 2 of them in the capital of our state, Maracaibo.

The established alliances will promote depending on Marketing the utilizacionutilization of the tool and its positioning as it is associated as opcionoption service payment of each provider, creacioncreation of wallets, holders, auntoment of trasaccionestransactions in Stellar.

Venezuelan society has been strongly shaken by the socioeconomic and political crisis in recent years. Hyperinflation has sent the Bolívar (its local currency) into free fall for several years and has consumed the reserves of Venezuelans. This has caused confidence in the banking system and in financial policy to be extremely low. The US dollar has become the most used currency in Venezuela at the time of payments, and transfers through Zelle have been protagonists in this new scene. However, not all Venezuelans have access to create an American account and the use of borrowed and rented accounts is a new widespread modality in the population. People and businesses move away from what is total privacy and financial control. The mass exodus to neighboring countries such as the US, Colombia, Brazil, Argentina, the Caribbean islands and other places in the region, has affected a large part of Venezuelan families. The need to send money to family and friends and pay bills from a distance are the concerns of most migrants.

Gobelx solutions are initially focused on the emerging Venezuelan market that has been affected by the devaluation of its currency (Bolívar). This is undoubtedly one of the reasons why sending money from other borders has been a familiar solution in recent times. In this sense, the company GobelX aligns with Stellar's purpose: to facilitate the sending of money quickly, safely and with low transaction costs, which fosters a favorable environment for the Venezuelan community. It is also important to highlight that Venezuela, according to the firm Chainalysis, is among the ten countries with the highest global rate of adoption of Cryptocurrencies, which favors the fact that the acceptance of our applications is not so new.

Regarding the innovation of the project, we bet on this development to bring the world of cryptocurrencies and the Stellar Blockchain to everyday life, initially to Venezuelan citizens and later to expand services to the Latin American community fundamentally. For this reason, the possibility of using the Prontopagos wallet in commercial establishments and companies, both physical and digital, was included. It has new features such as the integration of mass payments, payment to suppliers, payment of services, mobile phone recharges, among others. Our open source solutions connect banks, payment systems and people, following the standards proposed by the Stellar protocol.

To achieve the stated objectives, we started with the development of the Prontopagos wallet, in its web versions and a Telegram bot as well as an Anchor of the Venezuelan coins.

1.     @ProntopagosBot Y Prompt web payments: is a Wallet - Exchange that allows users to make, with fiat or crypto money, payments for products and services quickly and easily. It is characterized by being a non-custodial wallet, which, together with Stellar technology, allows the user to have total control of their private keys and all their information in a confidential manner through encryption and high levels of security. In addition to its web version, it has a bot on Telegram (@ProntopagosBot) that has all the features of a Wallet – Exchange. This tool was designed so that its use was intuitive and pleasing to the user's eyes.

2.     Anchor GobelX: It is an anchor in all its extension, it is based on the Stellar protocols for authentication and deposit and withdrawal. Anchor GobelX is the first Anchor in Venezuela that brings to the Stellar network the cryptoactive BTC and the stablecoins USDV and BSS tokenized representation of the US dollar and the Venezuelan Bolívar respectively.

How we use Stellar

Stellar's network makes it easier for Prontopagos to reduce transaction costs, so users can carry out all their operations with very low fees per transaction. In addition, Prontopagos is a non-custodial wallet, which, thanks to the security offered by the Blockchain, user accounts remain highly confidential and secure and any action carried out on them will generate a record in Stellar's books. .

GobelX has also developed, under the Stellar protocols and documentation, an anchor with which it issues and destroys the assets BSS (Venezuelan Bolivar), USDV (American dollar). The anchor provides the entry and exit rails for interaction with other networks and traditional banking institutions.

INCOME MODEL              

Rates

For the payment of taxes and services our fixed rate will be of 1 XLM

(Rate 1), for the rest of the traditional services the fee will be 0.01XLM

(Rate 2). These fee shave been selected by evaluating the projections of the alliances strategic with our potential customers.

Example 1

The total amount of subscribers in first phase of 10,000 is the amount of subscribers of only company Airteck (Internet service). With a very conservative projection10%only that they use our tool we would have:

Company = Airteck (Internet Service)

Number of Subscribers = 10,000.

Projection= 10%of customers using Prontopagos.

10% *10.000* one XLM= 1000 XLM LO WHAT WOULD BE ABOUT $200, ONLY 1 SERVICIO.

Example 2

The company Hidrolago a.c (Drinking and served water service of Zulia State)

Company = Hidrolago a.c (Drinking and served water service of Zulia State)

Number of Subscribers = 100,000.

Projection = 5% of use of Prontopagos.

5% *10,000* 1 XLM= 500 XLM LO WHAT WOULD BE ABOUT $500, ONLY 1 SERVICIO.

If we multiply by the number of services provided by companies, we would be increasing significantly the number from transactions daily.

According to our projections the company only with incorporation of these 2 companies might have income between 5000$Y$12,000. Estimated desired monthly income (In the period 20022-2023)

         

FINANCIAL PLAN

Prontopagos is a Gobelx company project ( https://gobelx.com ). The Gobelx company has developed several financial solutions that at the moment is it so in it in production. The company is headquartered in Maracaibo, State of Zulia, Venezuela. Gobelx has its own headquarters. Below we offer you a projection of the plan of Expenses related exclusively to the project Prompt payments. It should be noted that we requested financing from SDF for the next 6 months, with which we hope to consolidate our project and business for the benefit of Gobelx and Stellar Foundation.

 

Projection of Our financial plan for the year 2022.Actual Monthly Expenses of the Company (Prompt Payments Project)

Requested amount (6 months) to SDF: $49,318.74

                                             

INDUSTRIAL AND MARKET RESEARCH                                              

It is also important to highlight that Venezuela, according to the firm Chainalysis, is among the ten countries with the highest global rate of adoption of Cryptocurrencies, which favors the acceptance of our applications.

THREATS AND OPPORTUNITIES

Currently in Venezuela there is a Cryptocurrency Superintendency (SUNACRIP) and its trend to date is to incorporate the cryptocurrencies to the financial panorama of the country, something that can hardly change given the great use of cryptocurrencies in the Venezuelan population, so national conditions are extremely favorable.

Strengths

·        The benefits offered by the Stellar network, low commissions, speed, great documentation.

·        Young team, average age 28 years, passionate about the crypto world

·        We are entrepreneurs and innovators

·        Seriousness, commitment, legality

·        Oriented to satisfy the customer

·        We include the bolivar as part of the market

·        Ecosystem of products that allow you to satisfy various needs

·        We offer personalized attention through the different channels

Weaknesses

·        Lack of strategic marketing direction

·        very limited budget

·        Ambiguity in the national legal framework

·        Low quality of internet connections in the population

·        Insecurity in the use of devices in public environments

·        Ignorance of the use of technology

Threats

·        Increasing number of substitute products on the market.

·        International financial regulations.

Opportunities

·        More market opening.

·        The digital dollar as the most used form of payment

·        Increased awareness of cryptocurrencies

COMPETITION

Our main competitor is Binance. EN the WalletExchange plus usedfor theusersand everytimeplusadopted by businesses.Withoutembargo,does not achieve legal connections, nor does it guarantee an exchangeautomaticto comply with the canons of public companiesnor private. Neither isinside ofscopeand their goals. So Binance leaves aemptyand an open business opportunity that we aretaking advantage.Other Wallets have less penetration and exchanges are mainly used by traders whichpushes her awayof the object of our project, which is to address the servicespublic.  

1.   Cryptobuyer: It is a centralized Exchange that allows multiple financial services such as: telephone top-ups, gift cards for multiple products and services worldwide, and remittances.

 

MARKETING AND SALES    

The hiring of a Marketing department and Sales are associated with the stage that we are in the project. Our goal is to reach the largest number of service payers and provide them with the best service.

 

Gobelx is oriented towards assuming an offensive strategy that allows us to attack, grow and improve our position in the current market. Our advertising campaign will be focused on highlighting our strengths to be competent in all key areas of the industry and shine, thanks to Stellar, in decentralized exchange, fast transactions and low commissions. These strengths, strategically combined with the scenario of opportunities that Venezuela shows us, will lead us to achieve leadership in the financial processes of Venezuelan society.

Our first step will be the hiring of a qualified Marketing team or company that professionally plans and organizes the strategy with well-defined objectives and goals. Because our ecosystem is Aimed at a very broad audience, it is necessary to apply different marketing strategies so that all the necessary areas capable of capturing the attention of the different user segments for which Gobelx offers solutions are covered.

After a strong advertising campaign capable of Attract customers, the challenge of maintaining their loyalty begins. Our next steps to achieve this will be:

1.   Keeping our employees happy: That the whole team works happily and for the benefit of the business will be our success.

2.   Segment all users in indirect communication with them through of newsletters and emails massive with Personal growth topics in areas related to our solutions eg: Psychotrading, how to earn money within our ecosystem. What crypto asset can you invest in? Market trends, among other areas.

3.   Reward our users with some discounts for preferring us within the competition, this will be one of our premises

4.   Always offer excellent customer service, accompanying them in their doubts until they feel satisfied.

With the financing from the SFC we will be able to start our Marketing and Sales Strategy to launch and position Prontopagos. We will aim to capture at least 200 weekly users. Following this rhythm of advertising and recruitment, it is estimated that by February 1, 2023 we will be able to count on: Approximately 10,000 active users. To date, we aspire to have the first positive values ​​in the profitability indices of Prontopagos.

Actions to achieve our first goal in 3 months


Target customers by priorities

A.     Private Telecommunications Services Companies (Internet, Television, Telephony). We have scheduled alliance meetings with company executives to present our product and its benefits.

B.     Public Service Companies. We adapt to the open platforms of several organizations to grant them the customers new payment options. The Legal department forms the alliances and the terms regarding the cancellation of services.

C.     Loan and Debt Institutions in Warranty.

D.     Common clients. SEO strategies, positioning and consistent an exhibition in social networks.

E.      we seek offer facilities to all small and medium-sized companies. With all of them we hold face-to-face or virtual meetings that give them confidence and terms legal.

F.      We keep listening to our clients and continually improving.

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Team

Carlos Javier Rosas Finol

Co-founder of GobelX

Bio: https://www.linkedin.com/in/carlos-rosas-b1a73b21b/

Discord: Gobelx#2382

Albert Struve

Head of Development at GobelX

Bio: https://www.linkedin.com/in/alberto-jose-struve-torres-40123021a/

Discord: belto33#0614