Paytomat Joins Waves Lab Incubator And Receives 100,000 WAVES in Funding Boost

March 27th, 2018 at 8:46 pm UTC · 3 min read

In preparation for the pre-sale to start on April 2nd, Blockchain startup Paytomat has secured 100,000 WAVES in seed funding and will become a resident of Waves Lab – a focused startup incubator for new projects on the Waves platform.

Paytomat is going international with its decentralized system for cryptocurrency payments and will run the sale of its PTI token this spring. The cooperation with Waves Lab will provide Paytomat with a number of strategic advantages, such as:

  • Seed funding: 100,000 Wave tokens to help Paytomat get off to a swift start.
  • Advisory support: technical architecture review, token economics and market fit, overall ICO advisory.
  • Additional resources: networking with potential partners, advisors, funds and private investors from across the globe
  • Legal advice: consulting on the PTI token model and its legal implications, assistance with the core legal documents.
  • Promotion: advising on the project communications strategy, help establishing personal connections with key opinion leaders and influencers, endorsement and contacts within the Waves community.

Sasha Ivanov, Waves Founder and CEO, Advisor of Paytomat, stated;

“With our Waves Lab we support the most promising blockchain startups which are working to solve real-world problems. Paytomat bridges the gap between existing cryptocurrencies and their real-life application, bringing benefits to businesses, end users and cryptocurrency creators. They have a powerful team of crypto entrepreneurs and blockchain experts, and I believe they will disrupt the whole payment industry”.

Yurii Olentir, Paytomat CEO Yurii Olentir, also offered a statement about the news;

“We’re already working closely with Waves Lab experts on a complex audit of Paytomat ICO strategy and long-term planning. We’re lucky to be a resident and enjoy the unique networking opportunities this community provides. The Waves Lab market expertise and resources will be a valuable asset for Paytomat’s successful token sale, and the substantial early funding gets us to an amazing kick-off.”

Paytomat will start its public pre-sale on April 2nd, and will run through April 18th. Whitelist registration is already open. Interested individuals can also Join the Paytomat official Telegram for 24/7 support. Pre-sale enthusiasts can also follow Paytomat Twitter for the latest news

About Paytomat

Paytomat is a global blockchain-based payment processing system created to help merchants, consumers and crypto core teams find each other and create real-life traction for cryptocurrencies as the emerging method of everyday payments.

Built as a decentralized autonomous organization and decentralized franchise, Paytomat features a unique loyalty program based on the PTM coin, incentivizing merchants to accept payments in crypto, and PTX tokens, thereby incentivizing customers to pay with crypto. More information is available at the official Paytomat website.


Vladyslav Martiushev

[email protected]

Disclaimer: Paytomat is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest