[ANN] DAO PlayMarket 2.0 - App Store based on the blockchain and smart contracts - page 36.

the_donald

full member

Activity: 588

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Quote from: tiger5056 on November 07, 2017, 11:03:32 AM

Quote from: Vansire on November 07, 2017, 10:27:21 AM

If this PlayMarket token is indeed an investment then why is the commission only 1%? (Or is it 5%? White paper is a bit difficult to understand about this) Would be more attractive for investors if the commission was closer to the competition but low enough to get developers in board. For example 15% which is the half of Google Play.

commission value may be depend on value of token i think. But i agree should be bigger incentive for developer at least initially.

is the commission paid in tokens? then yeah, the value depends on the token on the market

toolucky98

full member

Activity: 490

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Quote from: lobat999 on November 07, 2017, 09:12:41 AM

Quote from: FIEX on November 07, 2017, 05:52:37 AM

Quote from: Vansire on November 07, 2017, 05:05:17 AM

Quote from: webwakko on November 07, 2017, 04:50:31 AM

Quote from: the_donald on November 07, 2017, 03:38:38 AM

Quote from: niklasmato on November 07, 2017, 02:30:17 AM

Quote from: mmarry889 on November 06, 2017, 06:41:57 PM

DAO PlayMarket2.0 has the platform-based PLAYMARKET FUND

All holders of the PlayMarket Token (PMT) automatically become co-owners of the platform-based PlayMarket Fund (PMF). The fund receives 5% of the issued tokens of mobile apps placed via the platform. PMT owners have the opportunity to trade them on the PlayMarket Exchange (PEX), or hold them for receiving dividend income.Also owners can trade PMT on third-party exchanges.
Trading of the PlayMarket 2.0 token will be launched after the end of the ICO.

So this will be defined as a security in the US and Singapore?

that's a good observation. it might be considered as a security.

If it is solid & indeed secure, why not...
But, security is a very touchy topic, and the more secure something is made, the more eyes are on it from those who want to bring it down... Which means.. the dev team will have to be sure about there coding & technology so those kind of people are demotivated to bring it down...

And I would be choosing the dividend over cashing out anyhow.
I'm convinced that hodling on to the tokens make the coin strong and builds trust towards the development team. Fast dumpers bring such projects out of balance.

What the heck are you babbling about, webwakko? A security is a tradeable financial asset. If you run an ICO you don't want your tokens to be securities because then you get into trouble with American regulators.

Indeed this is a security!
This will exclude a lot of potential investors. You ever thought about that?

It looks like its a security in relation with the "dividend" word highlighted above.

Anyway, US people will still be able to join this project by buying tokens on exchanges.

snkngshp

newbie

Activity: 5

Merit: 0

Quote from: Vansire on November 07, 2017, 10:27:21 AM

If this PlayMarket token is indeed an investment then why is the commission only 1%? (Or is it 5%? White paper is a bit difficult to understand about this) Would be more attractive for investors if the commission was closer to the competition but low enough to get developers in board. For example 15% which is the half of Google Play.

Hello! The comission is only 1% for publication. Dividends for the investor depend on the number of applications released on the ICO, as the developer pays 5% to the fund. That's why the comission is so low, it is needed to attract developers.

tiger5056

hero member

Activity: 686

Merit: 500

Quote from: Vansire on November 07, 2017, 10:27:21 AM

If this PlayMarket token is indeed an investment then why is the commission only 1%? (Or is it 5%? White paper is a bit difficult to understand about this) Would be more attractive for investors if the commission was closer to the competition but low enough to get developers in board. For example 15% which is the half of Google Play.

commission value may be depend on value of token i think. But i agree should be bigger incentive for developer at least initially.

Vansire

full member

Activity: 238

Merit: 102

If this PlayMarket token is indeed an investment then why is the commission only 1%? (Or is it 5%? White paper is a bit difficult to understand about this) Would be more attractive for investors if the commission was closer to the competition but low enough to get developers in board. For example 15% which is the half of Google Play.

Trrrt

full member

Activity: 448

Merit: 107

Very nice to see that new advisor on board, it’s pretty important for the sucess of a project, investors put a lot of importance in that. DAO Playmarket will be really supported, an apps store based on blockchain is really disruptive.

the_donald

full member

Activity: 588

Merit: 100

Quote from: kraterion on November 07, 2017, 07:33:44 AM

Quote from: niklasmato on November 07, 2017, 02:30:17 AM

Quote from: mmarry889 on November 06, 2017, 06:41:57 PM

DAO PlayMarket2.0 has the platform-based PLAYMARKET FUND

All holders of the PlayMarket Token (PMT) automatically become co-owners of the platform-based PlayMarket Fund (PMF). The fund receives 5% of the issued tokens of mobile apps placed via the platform. PMT owners have the opportunity to trade them on the PlayMarket Exchange (PEX), or hold them for receiving dividend income.Also owners can trade PMT on third-party exchanges.
Trading of the PlayMarket 2.0 token will be launched after the end of the ICO.

So this will be defined as a security in the US and Singapore?

In my opinion it's 100% a security. Recent ICOs to solve this situation issued two types of tokens, one utility and the other security, or an internal token. But here I don't think any of them would serve a solution. Well, you will never see PMT on US exchanges but who cares?

they might run into issues with US users. I think they may not allow US investors to participate in the ICO.

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: kraterion on November 07, 2017, 07:33:44 AM

Quote from: niklasmato on November 07, 2017, 02:30:17 AM

Quote from: mmarry889 on November 06, 2017, 06:41:57 PM

DAO PlayMarket2.0 has the platform-based PLAYMARKET FUND

All holders of the PlayMarket Token (PMT) automatically become co-owners of the platform-based PlayMarket Fund (PMF). The fund receives 5% of the issued tokens of mobile apps placed via the platform. PMT owners have the opportunity to trade them on the PlayMarket Exchange (PEX), or hold them for receiving dividend income.Also owners can trade PMT on third-party exchanges.
Trading of the PlayMarket 2.0 token will be launched after the end of the ICO.

So this will be defined as a security in the US and Singapore?

In my opinion it's 100% a security. Recent ICOs to solve this situation issued two types of tokens, one utility and the other security, or an internal token. But here I don't think any of them would serve a solution. Well, you will never see PMT on US exchanges but who cares?

I prefer being shareholder instead of Us exchanges.

Sorry for us citizens who want to invest.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

Quote from: niklasmato on November 07, 2017, 02:30:17 AM

Quote from: mmarry889 on November 06, 2017, 06:41:57 PM

DAO PlayMarket2.0 has the platform-based PLAYMARKET FUND

All holders of the PlayMarket Token (PMT) automatically become co-owners of the platform-based PlayMarket Fund (PMF). The fund receives 5% of the issued tokens of mobile apps placed via the platform. PMT owners have the opportunity to trade them on the PlayMarket Exchange (PEX), or hold them for receiving dividend income.Also owners can trade PMT on third-party exchanges.
Trading of the PlayMarket 2.0 token will be launched after the end of the ICO.

So this will be defined as a security in the US and Singapore?

In my opinion it's 100% a security. Recent ICOs to solve this situation issued two types of tokens, one utility and the other security, or an internal token. But here I don't think any of them would serve a solution. Well, you will never see PMT on US exchanges but who cares?

helloal

full member

Activity: 252

Merit: 100

Quote from: viljy on November 07, 2017, 06:38:58 AM

Quote from: Yasemin on November 07, 2017, 04:58:06 AM

The launch will be in 06.2018 and the website says, 500+ apps will be available at launch. Is this a realistic plan? How will they get 500 apps on the platform?

500 applications this is actually very small for the store. I think they will easily get so much from the developers. If they promised 5,000 or 50,000 applications, I would doubt, but 500 is the real figure. Although this is almost an empty store without a choice.

I'll be interested in the quality of the apps - which can make a huge difference. It would be good if some already existing popular apps could be placed on the store as 'highlighted' apps, which would help users give a sense of familiarity.

Piggy

hero member

Activity: 784

Merit: 1416

great news, this bill boost confidence in the project these are two great addition to the advisers!

HAPtheLogic

newbie

Activity: 33

Merit: 0

Great news!
We are supported by two new advisors!

http://i.piccy.info/i9/e67141eaaa4faac8d747c69f7a7320a8/1510051560/29607/1194423/1111.jpg

Larry Bates is a Chief Security Officer/President of Bitland Global organization. He has always been at the forefront of technology and social progress. Mass adoption of new technology is not mere child’s play, but he has always strived to be an innovator that not only creates and designs new technology but also be a pioneer who helps to bring new tech to the world.

http://i.piccy.info/i9/9b392178e3d24f2b9105e267819cfbbd/1510051586/127183/1194423/222.jpg

Aaron Koenig is an entrepreneur, consultant, writer and film producer, specialised in Bitcoin and Blockchain technology. He has been actively promoting Bitcoin and Blockchain technology since June 2011 by writing about it and by organising events and meetups. He has also been a speaker and panelist at numerous conferences. He has created websites for clients such as MTV, ARD German Television, Die Zeit, Der Stern, Milka Chocolate and many others. Source

viljy

hero member

Activity: 1736

Merit: 857

Quote from: Yasemin on November 07, 2017, 04:58:06 AM

The launch will be in 06.2018 and the website says, 500+ apps will be available at launch. Is this a realistic plan? How will they get 500 apps on the platform?

500 applications this is actually very small for the store. I think they will easily get so much from the developers. If they promised 5,000 or 50,000 applications, I would doubt, but 500 is the real figure. Although this is almost an empty store without a choice.

philgfx

newbie

Activity: 38

Merit: 0

Is this actually being released anytime soon?

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: Elkmar on November 07, 2017, 05:45:07 AM

Quote from: rose_in_box on November 06, 2017, 05:18:05 PM

Quote from: varandas on November 06, 2017, 05:15:53 PM

How about bounty program? Wink

We don't have bounty

Easy way to promote your project, you should think about it.

And because of you are paying with your tokens it is not coming out of your pocket. It is coming out of your investors

Actually, when i thought it now, it is way better for investors that ico doesn't make a bounty program.

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: Vansire on November 07, 2017, 05:05:17 AM

Quote from: webwakko on November 07, 2017, 04:50:31 AM

Quote from: the_donald on November 07, 2017, 03:38:38 AM

Quote from: niklasmato on November 07, 2017, 02:30:17 AM

Quote from: mmarry889 on November 06, 2017, 06:41:57 PM

DAO PlayMarket2.0 has the platform-based PLAYMARKET FUND

All holders of the PlayMarket Token (PMT) automatically become co-owners of the platform-based PlayMarket Fund (PMF). The fund receives 5% of the issued tokens of mobile apps placed via the platform. PMT owners have the opportunity to trade them on the PlayMarket Exchange (PEX), or hold them for receiving dividend income.Also owners can trade PMT on third-party exchanges.
Trading of the PlayMarket 2.0 token will be launched after the end of the ICO.

So this will be defined as a security in the US and Singapore?

that's a good observation. it might be considered as a security.

If it is solid & indeed secure, why not...
But, security is a very touchy topic, and the more secure something is made, the more eyes are on it from those who want to bring it down... Which means.. the dev team will have to be sure about there coding & technology so those kind of people are demotivated to bring it down...

And I would be choosing the dividend over cashing out anyhow.
I'm convinced that hodling on to the tokens make the coin strong and builds trust towards the development team. Fast dumpers bring such projects out of balance.

What the heck are you babbling about, webwakko? A security is a tradeable financial asset. If you run an ICO you don't want your tokens to be securities because then you get into trouble with American regulators.

Indeed this is a security!
This will exclude a lot of potential investors. You ever thought about that?

Elkmar

full member

Activity: 294

Merit: 100

Quote from: rose_in_box on November 06, 2017, 05:18:05 PM

Quote from: varandas on November 06, 2017, 05:15:53 PM

How about bounty program? Wink

We don't have bounty

Easy way to promote your project, you should think about it.

alphashotgun

full member

Activity: 154

Merit: 100

Quote from: Yasemin on November 07, 2017, 04:58:06 AM

The launch will be in 06.2018 and the website says, 500+ apps will be available at launch. Is this a realistic plan? How will they get 500 apps on the platform?

interesting question. i think they will manage that look at apps like metamask which deal only with blockchain technology. since the communitiy ( and so the market) is getting really big no there will more apps appear. big exchanges had like a million new users the last days that means that blockchain technology is now ready for the big mass ( might be effected by the bitcoin fork but whatever it happens right now)

Vansire

full member

Activity: 238

Merit: 102

Quote from: webwakko on November 07, 2017, 04:50:31 AM

Quote from: the_donald on November 07, 2017, 03:38:38 AM

Quote from: niklasmato on November 07, 2017, 02:30:17 AM

Quote from: mmarry889 on November 06, 2017, 06:41:57 PM

DAO PlayMarket2.0 has the platform-based PLAYMARKET FUND

All holders of the PlayMarket Token (PMT) automatically become co-owners of the platform-based PlayMarket Fund (PMF). The fund receives 5% of the issued tokens of mobile apps placed via the platform. PMT owners have the opportunity to trade them on the PlayMarket Exchange (PEX), or hold them for receiving dividend income.Also owners can trade PMT on third-party exchanges.
Trading of the PlayMarket 2.0 token will be launched after the end of the ICO.

So this will be defined as a security in the US and Singapore?

that's a good observation. it might be considered as a security.

If it is solid & indeed secure, why not...
But, security is a very touchy topic, and the more secure something is made, the more eyes are on it from those who want to bring it down... Which means.. the dev team will have to be sure about there coding & technology so those kind of people are demotivated to bring it down...

And I would be choosing the dividend over cashing out anyhow.
I'm convinced that hodling on to the tokens make the coin strong and builds trust towards the development team. Fast dumpers bring such projects out of balance.

What the heck are you babbling about, webwakko? A security is a tradeable financial asset. If you run an ICO you don't want your tokens to be securities because then you get into trouble with American regulators.

Bambulee

sr. member

Activity: 532

Merit: 297

Alternative play market. Why not?
This is an interesting move. Buy programs for crypto currency

Topic: [ANN] DAO PlayMarket 2.0 - App Store based on the blockchain and smart contracts - page 36. (Read 53606 times)