Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 158. (Read 109500 times)
The ico ban is not a problem for us citizen, if they want paypie token they can buy it after the ico and hold it. And for the motivate they can also use a vpn. If you trust in the projet you can buy right after the ico if you have no other possibility, for paypie I think its the right things to do, cause in long term the project can take a huge value.
Is this ICO open to US investors, given it's a "utility" token rather than a "security"?
Is this ICO open to US investors, given it's a "utility" token rather than a "security"?
I would also like to know, are american based investors able to participate in the initial coin offering? Is this startup like an decentralized version of Equifax? Does this company follow U.S financial compliancy laws? Paypie is based in Canada.We have regional regulators and our local body is BCSC. We are still in discussion with them to open it up for Canadians and USA residents. We have a call scheduled next week and hopefully that will give us some idea on how to proceed on the issue.
So, you want to work at Canadian and USA market at first?
WHat about other regions? Europe and Asian?
Hopefully the discussion goes well
In USA, (by SEC rules) forbitten only ICO, which have dividents for investors. All other are allowed. Paypie dont have any dividents, so any problem here with USA residents (I think so) 
Even if they ban. Anyone can participate in an ICO using VPN. No big deal until and unless ICO holder itself wants to forbid US citizens from investing.
that's what I've been telling people. you can't ban anyone in the age of the internet and especially with crypto.
Yes but it's for little investors.
A big investor just can't use vpn to invest. Beside that not all vpn services is fully secure.
Watching this activity is almost enough to burn calories.Almost!!!; -)
In USA, (by SEC rules) forbitten only ICO, which have dividents for investors. All other are allowed. Paypie dont have any dividents, so any problem here with USA residents (I think so)
Even if they ban. Anyone can participate in an ICO using VPN. No big deal until and unless ICO holder itself wants to forbid US citizens from investing.
that's what I've been telling people. you can't ban anyone in the age of the internet and especially with crypto.
In USA, (by SEC rules) forbitten only ICO, which have dividents for investors. All other are allowed. Paypie dont have any dividents, so any problem here with USA residents (I think so)
Even if they ban. Anyone can participate in an ICO using VPN. No big deal until and unless ICO holder itself wants to forbid US citizens from investing.
In USA, (by SEC rules) forbitten only ICO, which have dividents for investors. All other are allowed. Paypie dont have any dividents, so any problem here with USA residents (I think so)
I'm far from big America, but believe me, I'd have my way to be with this project without breaking the Laws, that's possible. Moreover, when Accounting establishes itself and brings transparency to Crypo, this project will be one of the greatest references in this sector and initiative
Can someone please explain something for me I can't seem to find anywhere. It's illegal for security type icos to be held in the us/for us customers. But does this only count for the ico? Once the ico has taken place is it legal for us citizens to buy/sell these tokens on exchanges?
The ban is for the ICO only, the US doesn't forbid companies that use the blockchain to function, or bring services other companies that will use said services, so there are no problems for PayPie in that regard, there are no problems for US citizens holding Paypie tokens either, so a US citizen can be part of the platform if he/she just buy it somewhere, but participate on the ICO, that is a no.
can anyone explain for me why hardcap and softcap so far. I mean 82 mil vs 4,5 mil ?
Hards cap is not 82 mln.
82 mln - its only amount of tokens for sale.
What will happen to the remaining tokens if the hard cap is not met?
Will they be burned or locked out for a specific period?
I dont know. Cant find this infi on whitepaper...
Quote
Token Supply: 110,000,000 PPP tokens are available for distribution. Only 82,500,000 PPP are
for sale to contributors. Rest 27,500,000 are for the team, advisors, bounties etc.
Additional 55,000,000 PPP tokens will be generated and kept as reserve for one year solely to
develop partnerships and future acquisitions to become a dominant market leader.
Price per token: 1 PPP = 0.0011 ETH
for sale to contributors. Rest 27,500,000 are for the team, advisors, bounties etc.
Additional 55,000,000 PPP tokens will be generated and kept as reserve for one year solely to
develop partnerships and future acquisitions to become a dominant market leader.
Price per token: 1 PPP = 0.0011 ETH
I think they ll burn unsold tokens. But here a big hype around this ICO. So may be all tokens will be sold.
No, apparently they won't burn them. This is Nick's answer in telegram regarding unsold tokens: "They go the reserve that will be used to develop partnerships for the ecosystem."
This can be bad, this can be good. More tokens for partnerships wouldn't be bad if it's not too much in relation to sold tokens. But if it's too much it would be a problem probably.
Right, more tokens in fewer hands could create problems in the future.
Paypie team need to find a better solution for this problem in order to keep token's value intact.
Is this ICO open to US investors, given it's a "utility" token rather than a "security"?
Is this ICO open to US investors, given it's a "utility" token rather than a "security"?
I would also like to know, are american based investors able to participate in the initial coin offering? Is this startup like an decentralized version of Equifax? Does this company follow U.S financial compliancy laws? Paypie is based in Canada.We have regional regulators and our local body is BCSC. We are still in discussion with them to open it up for Canadians and USA residents. We have a call scheduled next week and hopefully that will give us some idea on how to proceed on the issue.
So, you want to work at Canadian and USA market at first?
WHat about other regions? Europe and Asian?
I'm far from big America, but believe me, I'd have my way to be with this project without breaking the Laws, that's possible. Moreover, when Accounting establishes itself and brings transparency to Crypo, this project will be one of the greatest references in this sector and initiative
Can someone please explain something for me I can't seem to find anywhere. It's illegal for security type icos to be held in the us/for us customers. But does this only count for the ico? Once the ico has taken place is it legal for us citizens to buy/sell these tokens on exchanges?
I'm far from big America, but believe me, I'd have my way to be with this project without breaking the Laws, that's possible. Moreover, when Accounting establishes itself and brings transparency to Crypo, this project will be one of the greatest references in this sector and initiative
Is this ICO open to US investors, given it's a "utility" token rather than a "security"?
Probably not, since basically every ICO out there prohibits US investors from participating, utility or security ones.
Well, in this case in theory - everyone can use VPN server
You can't close it. If people from the US really want to invest, they can and will invest, you can see this at every ico. But that does not mean that companies shouldn't do their part in preventing it.
Is this ICO open to US investors, given it's a "utility" token rather than a "security"?
Probably not, since basically every ICO out there prohibits US investors from participating, utility or security ones.
Well, in this case in theory - everyone can use VPN server
You can't close it. If people from the US really want to invest, they can and will invest, you can see this at every ico. But that does not mean that companies shouldn't do their part in preventing it.
TokenMarket has published a press release on PayPie. Check it out > https://tokenmarket.net/blog/paypie-introduces-worlds-first-credit-risk-assessment-based-on-blockchain-accounting/
Is this ICO open to US investors, given it's a "utility" token rather than a "security"?
Probably not, since basically every ICO out there prohibits US investors from participating, utility or security ones.
Well, in this case in theory - everyone can use VPN server
Many ICOs now days, best of luck
Yeah, but most are shitty/scammy/greedy etc. This one looks like the real deal: proper use case/product/team/roadmap
PAYPIE is a viable project that is handled by a team dedicated to making it work perfectly.
Is this ICO open to US investors, given it's a "utility" token rather than a "security"?
Probably not, since basically every ICO out there prohibits US investors from participating, utility or security ones.
Yes very well, in the United States is not allowed to follow the ICO or more precisely prohibited, in fact America will actually make the project ico stronger in terms of funding.
Actually, ICOs are prohibited to US investors, so every ICO can't target the US' citizens, but that won't stop people from participating using VPN, US does not forbid for having an ethereum account or using it, and that is just enough for people to participate, simply put, ICOs can't advertise they are letting US citizens participate, they must make an announcement with specificating US citizens are not allow, but they can't know if one or more are actually doing it anyway, because blockchain makes them anonymous.
The encryption market is a global market, and different regions have different regulatory policies in the encryption market.
Small areas can not form regional policies that affect regions around the world
People can attend VPN, too many ways.
The trend of globalization is not a few people want to stop cessation
It is impossible to happen
Many ICOs now days, best of luck
Yeah, but most are shitty/scammy/greedy etc. This one looks like the real deal: proper use case/product/team/roadmap
is there any min. or max limit for ICO participation?
No.There is no minimum or maximum limit. Jump to: