[ANN] PayPie - Blockchain-Powered Risk Assessment - page 159.

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: Voltaje on September 20, 2017, 04:40:50 PM

Quote from: rendravolt on September 20, 2017, 04:25:05 PM

Quote from: hackis on September 20, 2017, 04:14:19 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

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.

Exactly, ICOs are decentralized so they can't be blocked by government. Use VPN and you can still invest

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: rendravolt on September 20, 2017, 04:25:05 PM

Quote from: hackis on September 20, 2017, 04:14:19 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

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.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Heimer on September 20, 2017, 02:02:58 PM

Quote from: Sozialtourist on September 20, 2017, 12:21:23 PM

Quote from: kraterion on September 20, 2017, 12:13:21 PM

Quote from: bitcoinbulk on September 20, 2017, 09:48:31 AM

Quote from: Rigorous on September 20, 2017, 08:55:11 AM

Quote from: Wapinter on September 20, 2017, 07:44:17 AM

Quote from: Islapdonkey on September 20, 2017, 05:56:18 AM

What will industry reserved amount be use for?

Those are reserve tokens solely for the purpose to develop partnerships to build strong ecosystem and acquisitions. Experts in the industry know that growth in the ecosystem is very important to increase the demand of tokens. If you look at any major ICO that’s disrupting the legacy players, you will see partner tokens are very important. I Recently I had a chat with few friends who are CEOs including Steven (Rivetz) & Vinny (Civic) and they have already started building these relationships on the future use of those tokens. In fact, one of them is already taking a piece of the pie from a multi-billion dollar company just because of partnership tokens. At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry.

That's a lot of words but I have to be honest, the words are quite vague.

It's the first time I hear the concept of "partnership tokens". Google doesn't really help me explain it. Is it like giving out shares to another company in return for integration of PayPie with their platform?

I would also like to hear an elaboration on the partner tokens. Can you give an example of how this would work? Or what you envision with these?

Yes it's quite vague, you reserve tokens to third-party entities and they will be locked in those for future uses by these third-party entity?

Couldn't it be possible for them to give away some of these tokens for free to interested businesses so they can try out the platform?

Maybe, but this won't be good move. Busines usually have got huge amount of money for that purposes. Even if Paypie will giveaway some of it's tokens this would be too small for each of participant to try this platform

Don't you think with a free trial you could convince someone of the potential of the PayPie platform? It doesn't have to be a huge number of businesses. Only a handful that get the possibility to test PayPie.

ParRus

full member

Activity: 490

Merit: 104

Quote from: Trrrt on September 20, 2017, 05:57:15 AM

Paypie is really a nice product , maybe a bit hard to understand firstly, cause you need to read a lot to understand the accounting system, what paypie will change and will afford to this market and why its disruptive. But there is a lot of people who want to invest in paypie, so i think a lot understand the possibility of paypie.

Think you are right.
I will add that their concept will bring clarity to any business, so we can say that the project is very necessary

tiger5056

hero member

Activity: 686

Merit: 500

is there any min. or max limit for ICO participation?

rendravolt

hero member

Activity: 2156

Merit: 521

Quote from: hackis on September 20, 2017, 04:14:19 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

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.

LifeOfDoge

full member

Activity: 182

Merit: 100

Quote from: cantdecide on September 20, 2017, 04:09:34 PM

Quote from: Wapinter on September 20, 2017, 03:41:31 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

Is this ICO open to US investors, given it's a "utility" token rather than a "security"?

Quote from: chaoscoinz on September 20, 2017, 12:43:59 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

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.

How are the regulations in Canada? Is it generally allowed for Canadians to enter ICOs or is it the same situation as in USA?

I would be more interested in how regulators looking on ICOs companies from Canada as they are located there.

kraterion

full member

Activity: 616

Merit: 145

🚀🚀 ATHERO.IO 🚀🚀

This is from august:

"The Canadian Securities Administers, an umbrella group of provincial watch-dogs, said any coin or token whose value is tied to the future profits or success of a business will likely be considered a security, while those providing access to a specific good, such as the ability to play a video game, may not"

I don't understand it very much, every ICO coin/token is tied to the future profits or succes of a business, or maybe the article's writer didn't undesrtand it. I'll leave it here:
http://www.businessinsider.com/r-canada-regulators-say-most-crypto-currency-offerings-need-oversight-2017-8?IR=T

hackis

sr. member

Activity: 330

Merit: 250

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

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.

cantdecide

full member

Activity: 336

Merit: 112

Quote from: Wapinter on September 20, 2017, 03:41:31 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

Is this ICO open to US investors, given it's a "utility" token rather than a "security"?

Quote from: chaoscoinz on September 20, 2017, 12:43:59 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

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.

How are the regulations in Canada? Is it generally allowed for Canadians to enter ICOs or is it the same situation as in USA?

niklasmato

sr. member

Activity: 616

Merit: 263

Quote from: Wapinter on September 20, 2017, 03:41:31 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

Is this ICO open to US investors, given it's a "utility" token rather than a "security"?

Quote from: chaoscoinz on September 20, 2017, 12:43:59 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

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.

What is Paypies policy for all things asian related. Like everything that is happening in China ?

EgoPaintedGrey

member

Activity: 77

Merit: 10

PayPie aims to change the way accounting is done by small and medium size businesses, as it leverages blockchain to enable live financial audits, speed up credit approvals, and improve the overall credit scoring process.

Wapinter

legendary

Activity: 2688

Merit: 1026

Hire me for Bounty Management

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

Is this ICO open to US investors, given it's a "utility" token rather than a "security"?

Quote from: chaoscoinz on September 20, 2017, 12:43:59 PM

Quote from: pfdsotm on September 20, 2017, 10:02:40 AM

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.

Trrrt

full member

Activity: 448

Merit: 107

I think its a good things that paypie keep a part of token to build partnership and improve the platform. Partnership is the key of the sucess of a project like paypie, especially for a good start. I think paypie will be enjoyed by blockchain compagnies and use by a lot of them.

the_donald

full member

Activity: 588

Merit: 100

Quote from: DoctorStrange on September 20, 2017, 01:59:44 PM

Quote from: Crypto_Profits on September 20, 2017, 01:52:15 PM

Many ICOs now days, best of luck

It's very difficult to monitor all of them for investors...

it is difficult, but if you browse different rating websites you can get an idea of what's moving on the market.

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: Sozialtourist on September 20, 2017, 12:21:23 PM

Quote from: kraterion on September 20, 2017, 12:13:21 PM

Quote from: bitcoinbulk on September 20, 2017, 09:48:31 AM

Quote from: Rigorous on September 20, 2017, 08:55:11 AM

Quote from: Wapinter on September 20, 2017, 07:44:17 AM

Quote from: Islapdonkey on September 20, 2017, 05:56:18 AM

What will industry reserved amount be use for?

Those are reserve tokens solely for the purpose to develop partnerships to build strong ecosystem and acquisitions. Experts in the industry know that growth in the ecosystem is very important to increase the demand of tokens. If you look at any major ICO that’s disrupting the legacy players, you will see partner tokens are very important. I Recently I had a chat with few friends who are CEOs including Steven (Rivetz) & Vinny (Civic) and they have already started building these relationships on the future use of those tokens. In fact, one of them is already taking a piece of the pie from a multi-billion dollar company just because of partnership tokens. At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry.

That's a lot of words but I have to be honest, the words are quite vague.

It's the first time I hear the concept of "partnership tokens". Google doesn't really help me explain it. Is it like giving out shares to another company in return for integration of PayPie with their platform?

I would also like to hear an elaboration on the partner tokens. Can you give an example of how this would work? Or what you envision with these?

Yes it's quite vague, you reserve tokens to third-party entities and they will be locked in those for future uses by these third-party entity?

Couldn't it be possible for them to give away some of these tokens for free to interested businesses so they can try out the platform?

Maybe, but this won't be good move. Busines usually have got huge amount of money for that purposes. Even if Paypie will giveaway some of it's tokens this would be too small for each of participant to try this platform

DoctorStrange

member

Activity: 98

Merit: 10

Quote from: Crypto_Profits on September 20, 2017, 01:52:15 PM

Many ICOs now days, best of luck

It's very difficult to monitor all of them for investors...

Crypto_Profits

full member

Activity: 132

Merit: 100

-->BUY-->HODL-->SELL-->REPEAT-->

Many ICOs now days, best of luck

haxllega

full member

Activity: 392

Merit: 100

Quote from: ?? on ??

Quote from: Rigorous on September 20, 2017, 08:55:11 AM

Quote from: Wapinter on September 20, 2017, 07:44:17 AM

Quote from: Islapdonkey on September 20, 2017, 05:56:18 AM

What will industry reserved amount be use for?

Those are reserve tokens solely for the purpose to develop partnerships to build strong ecosystem and acquisitions. Experts in the industry know that growth in the ecosystem is very important to increase the demand of tokens. If you look at any major ICO that’s disrupting the legacy players, you will see partner tokens are very important. I Recently I had a chat with few friends who are CEOs including Steven (Rivetz) & Vinny (Civic) and they have already started building these relationships on the future use of those tokens. In fact, one of them is already taking a piece of the pie from a multi-billion dollar company just because of partnership tokens. At PayPie our goal is to execute fast and, not only become a market leader but control that position just like Google does it today for the search market. Google gets almost 80% and next company gets only 5-6% of the market. We want to become like Google in our industry.

That's a lot of words but I have to be honest, the words are quite vague.

It's the first time I hear the concept of "partnership tokens". Google doesn't really help me explain it. Is it like giving out shares to another company in return for integration of PayPie with their platform?

Maybe PAYPIE could forge a partnership deal on a particular company that will utilize it, thus making the token in demand.

Oh yea that would be great. But I think it's really hard to find a company which wants to test an unestablished product.
I think we have to wait until the product is completely finished.

alphashotgun

full member

Activity: 154

Merit: 100

Quote from: Heimer on September 20, 2017, 11:48:39 AM

Quote from: alphashotgun on September 20, 2017, 06:07:54 AM

is there a direkt exchange planned from PPP to a fiat?

I'm not quite sure, but if you want to invest in Paypie you need ETH. Ethereum can be obtained on shapeshift or coinbase for USD and then you will be able to invest Wink

thanks a lot!
and the other direction works the same but other way around i guess

Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 159. (Read 109500 times)