Hey!
Alpha version is out now for the testing from the pre-registered users, however the beta platform with all necessary features (something like Revolut or N26, but with blockchain-based transaction system instead of server-based one).
The ICO will fund the development of crypto payment implementation and our token (PSR) will be used for transactions as the speed of HRC20 token is about 10 times faster than ETH for example, which allows the platform to get rid of the chocking points.
The ICO will also fund the mobile platform, as for now only 50% of funds are reserved from our company investors- but this is a subject of change as there is possibility of new equity investors comming soon, which would allow expanding our development even further.
It's important to know that the ICO was not our first intention but having tested the platform working with BTC or ETH as a transaction tool caused the delays on the whole platform on testnet, therefore we decided to have an ICO allowing us to replace the BTC/ETH transactions with HRC. token ones (the transaction method is run by the HRC20 as well)
Hopefully, this answers your questions
