PayBlok

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Good evening, dear friends.PayBlok ICO review
InstaSupply Platform In an effort to improve how quickly businesses pay and are paid, InstaSupply is a cloud — based platform that allows businesses to track and control costs between vendors. We collect purchase orders; approval workflows; budget control; delivery tracking; vendor and product management; secure storage of invoices and credit documents and data collection; accounting reconciliation; and payment control.
Significant problem
Small business has $ 20 + in overdue receivables, takes an average of 60 days to get paid, with 50% still being paid late. Solutions to these problems are expensive and limited, but InstaSupply is already involved in tracking down and reducing these kinds of problems.

Working solution
The InstaSupply platform already supports trading of more than 2,300 companies and is growing daily. By allowing companies to match purchase orders to deliveries and finally invoices, we give them the ability to control which invoices are due and which require further investigation. Moreover, with our Payment Run product, companies can group approved invoices, apply any outstanding supplier credit and make a list of payments to be made to suppliers through their traditional banking services.

By creating a business network between buyers and suppliers, the platform collects data from both
Sides. InstaSupply allows users to create and place purchase orders, track delivery, and match
orders for the relevant invoices; this allows buyers to track, monitor and control their expenses.
After receiving the invoice, customers on the platform can view the invoice and accept or reject it
respectively. Once the invoice has been accepted, invoices are paid outside the InstaSupply platform.
the data is transferred to the customer accounting software, requiring the customer to manually write to InstaSupply when the invoice has been paid.

Additional steps to move data between systems create additional workload for Finance departments;
increasing the likelihood of human error, creating an open space for fraud, as well as delaying payments
suppliers.

PayBlok Tokens

PayBlok is a crypto-asset (token) that allows its owners to get access to exclusive benefits
inside the platform InstaSupply, and it will be developed in accordance with the standard Token Standard.
Ownership of PayBlok tokens does not entitle the Holders to any right in relation to InstaSupply as A company,
including, but not limited to: profit, vote or employment.
As an asset, the initial sale of tokens will be subject to sales taxes on each market. Follow this,
the token belongs to its owner and can be sold without restrictions or the need for consent or participation
from InstaSupply.
Creating a PayBlok token allows InstaSupply to offer a number of products that solve problems
which SMB face as described in section 3 ("SMB Issues"). The products of theses consist mainly of:

Integrated payment solution
Supply chain financing
Asset-based lending

Distribution
The distribution of tokens will be broken down as follows:

60% of token sale (150 000 000)
15% Blocked for future use (37 500 000)
18% Company, team and advisors (45 000 000)
5% incentives / Rewards (12 500 000)
1% referral program (2 500 000)
1% Of The Bounty Program (2 500 000)

Release schedule
Immediately after the token sale, 167 500 000 tokens (67% of the total offer) will be put into circulation. circulating
the tokens will remain at the same level for the first 6 months and then gradually increase each month until all
tokens are circulating.
The circulation source will correspond to the total volume of supply in 5 years after the token issue and not more than PayBlok
Tokens will be issued. This strategy aims at a balanced supply and demand of these tokens during the first years
project until it becomes Mature.
The blocking and release periods vary depending on the allocation share

Company, team and advisors: 6th lock + 1 year release
Locked for future use: 2yr lockup + 3yr release

Community incentives