Author

Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 161. (Read 109500 times)

legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
Quote
Total Token Pool Size Including Reserve: 165,000,000 PPP
Maximum Total Token Amount Dedicated for Crowdsale: 82,500,000 PPP
Minimum Token Crowdsale for Platform Viability: 4,500,000 PPP
Team and Advisors: 27,500,000 PPP
Industry Reserve:  55,000,000 PPP

Fairly fair tokens distribution. But tokens for team will be hold? For which period?
and, "Industry Reserve" - its for future devlopment, as I understand?

I think they said it's for 3 years that they will hold the tokens.
-   Tokens allocated to industry reserve will be locked up for a period of 12 months.
-   Tokens allocated to the team will be locked up for a period of 12 months. This ensures that the team solely focus its effort on making the PayPie platform grow.
-   No extra tokens will ever be minted.
hero member
Activity: 3066
Merit: 605
I think we will be a lot to want to buy paypie. But I think we can all have paypie if we don't miss the first day of ico, be here in time and even if big investors invest a lot we will all have our token. Don't miss your chance to enter in the project, cause when the platform will be launched the value will be enormous.
you are right i will not miss this big opportunity(paypie),i will invest for sure from the first day,there is remaining a little time before that and i will store even more altcoin to invest in this project...
sr. member
Activity: 882
Merit: 277
If i had a dollar for every "had i known"
But they have Additional 55,000,000 PPP tokens to develop partnerships ...  Shocked Huh

I don't mind this because good partners are what will get this project of the ground. They are making a product for (large) businesses so they need partners.


Yes, that's what Nick basically explained in telegram. Since there is only a limited amount of tokens, but Paypie needs partnerships with accountants, tax authorities, insurance providers, banks, credit card companies, etc.  they need these tokens to incentivise them.


And beside that, nowadays all icos are holding somewhere %50 of total tokens. Some for team, some for later purposes. It is a risk for early investors but investing icos are based on trust. You don't give some company money which you think they may dump all of their tokens. So i will invest them and thinking that they will use this tokens to make paypie bigger.


And by the way, considering the support by the community and obvious huge interest in this project chances aren't bad that all 82,000,000 tokens will be sold during the ICO  Smiley


Alot of ppl don't understand nor care for accounting, so it might affect the token sale. with several hundred ETH token ICOS present, hopefully it doesn't get lost in the mist. Their idea is unique for the space, but the ETH token saturation is a bit much
full member
Activity: 490
Merit: 104
But they have Additional 55,000,000 PPP tokens to develop partnerships ...  Shocked Huh

I don't mind this because good partners are what will get this project of the ground. They are making a product for (large) businesses so they need partners.


Yes, that's what Nick basically explained in telegram. Since there is only a limited amount of tokens, but Paypie needs partnerships with accountants, tax authorities, insurance providers, banks, credit card companies, etc.  they need these tokens to incentivise them.

And as far as i know there is no ICO/crypto that does what they do. They are the first to offer this specific service with blockchain technology. That's why they have their sights set high, focus on adaption and you're golden. Especially with the big companies, they don't like to change to new programs, but once you have them and provide a good service, you got a client for life.
I agree, very cool that this useful service with blockchain technology would be implement
PAYPAL will be the first who embodied it in reality, this project waiting for success it's undoubtedly
full member
Activity: 210
Merit: 105
But they have Additional 55,000,000 PPP tokens to develop partnerships ...  Shocked Huh

I don't mind this because good partners are what will get this project of the ground. They are making a product for (large) businesses so they need partners.


Yes, that's what Nick basically explained in telegram. Since there is only a limited amount of tokens, but Paypie needs partnerships with accountants, tax authorities, insurance providers, banks, credit card companies, etc.  they need these tokens to incentivise them.

And as far as i know there is no ICO/crypto that does what they do. They are the first to offer this specific service with blockchain technology. That's why they have their sights set high, focus on adaption and you're golden. Especially with the big companies, they don't like to change to new programs, but once you have them and provide a good service, you got a client for life.
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
But they have Additional 55,000,000 PPP tokens to develop partnerships ...  Shocked Huh

I don't mind this because good partners are what will get this project of the ground. They are making a product for (large) businesses so they need partners.


Yes, that's what Nick basically explained in telegram. Since there is only a limited amount of tokens, but Paypie needs partnerships with accountants, tax authorities, insurance providers, banks, credit card companies, etc.  they need these tokens to incentivise them.


And beside that, nowadays all icos are holding somewhere %50 of total tokens. Some for team, some for later purposes. It is a risk for early investors but investing icos are based on trust. You don't give some company money which you think they may dump all of their tokens. So i will invest them and thinking that they will use this tokens to make paypie bigger.

And by the way, considering the support by the community and obvious huge interest in this project chances aren't bad that all 82,000,000 tokens will be sold during the ICO  Smiley
sr. member
Activity: 980
Merit: 276
$CYBERCASH METAVERSE
But they have Additional 55,000,000 PPP tokens to develop partnerships ...  Shocked Huh

I don't mind this because good partners are what will get this project of the ground. They are making a product for (large) businesses so they need partners.


Yes, that's what Nick basically explained in telegram. Since there is only a limited amount of tokens, but Paypie needs partnerships with accountants, tax authorities, insurance providers, banks, credit card companies, etc.  they need these tokens to incentivise them.


And beside that, nowadays all icos are holding somewhere %50 of total tokens. Some for team, some for later purposes. It is a risk for early investors but investing icos are based on trust. You don't give some company money which you think they may dump all of their tokens. So i will invest them and thinking that they will use this tokens to make paypie bigger.
full member
Activity: 798
Merit: 115
Any other conferences/summits you attended after Accountex? Would love to hear more news.
Are there any competitors emerging on blockchain?
full member
Activity: 588
Merit: 100
Quote
Total Token Pool Size Including Reserve: 165,000,000 PPP
Maximum Total Token Amount Dedicated for Crowdsale: 82,500,000 PPP
Minimum Token Crowdsale for Platform Viability: 4,500,000 PPP
Team and Advisors: 27,500,000 PPP
Industry Reserve:  55,000,000 PPP

Fairly fair tokens distribution. But tokens for team will be hold? For which period?
and, "Industry Reserve" - its for future devlopment, as I understand?

I think they said it's for 3 years that they will hold the tokens.
full member
Activity: 154
Merit: 100


Exactly, that's why I want to be part of this revolution. I love my data and I don't want someone to pry eyes on it.

So on point! that hit my thoughts exactly
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
But they have Additional 55,000,000 PPP tokens to develop partnerships ...  Shocked Huh

I don't mind this because good partners are what will get this project of the ground. They are making a product for (large) businesses so they need partners.


Yes, that's what Nick basically explained in telegram. Since there is only a limited amount of tokens, but Paypie needs partnerships with accountants, tax authorities, insurance providers, banks, credit card companies, etc.  they need these tokens to incentivise them.
full member
Activity: 686
Merit: 101
Quote
Total Token Pool Size Including Reserve: 165,000,000 PPP
Maximum Total Token Amount Dedicated for Crowdsale: 82,500,000 PPP
Minimum Token Crowdsale for Platform Viability: 4,500,000 PPP
Team and Advisors: 27,500,000 PPP
Industry Reserve:  55,000,000 PPP

Fairly fair tokens distribution. But tokens for team will be hold? For which period?
and, "Industry Reserve" - its for future devlopment, as I understand?

Founders,advisors and other team members tokens will be vested for 12 months

So if you are worrying about it, you can sell anytime in 12 months.

I don't have any worries but it is a good thing for who has.

The tokens are vested only for members of the PayPie team. It's not applying to the tokens of investors. So you could sell your tokens whenever you want but yes, I would also hold them.
full member
Activity: 210
Merit: 105
But they have Additional 55,000,000 PPP tokens to develop partnerships ...  Shocked Huh

I don't mind this because good partners are what will get this project of the ground. They are making a product for (large) businesses so they need partners.
sr. member
Activity: 476
Merit: 250
since start following this thread and reading white paper, this program seem good for the future.
btw, any info about beta program?

There's no beta. Not yet but, if you want to you can take a look at Slickpie it's kind of a centralized version of Paypie .
Slickpie is the foundation of paypie platform.
You can take a look about it here : https://www.slickpie.com/

amazing features on slickpie, but can it used for non-profit organization?

Ofcourse there's a free version also available with respect to the paid one.
you can check here : https://www.slickpie.com/pricing

is this project same like slickpie or what?  i think paypie is more better then others project.?

Slickpie is the already running accounting software of Paypie team and will later be integrated in paypie platform.
oh ok that is good. that means after ico this project more efficiently work. what will be change comes when integrated in paypie platform?
full member
Activity: 336
Merit: 112
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

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.
full member
Activity: 168
Merit: 100
But they have Additional 55,000,000 PPP tokens to develop partnerships ...  Shocked Huh
full member
Activity: 518
Merit: 101
🚀🚀 ATHERO.IO 🚀🚀
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

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."
sr. member
Activity: 1372
Merit: 259
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

I think they ll burn unsold tokens. But here a big hype around this ICO. So may be all tokens will be sold.
sr. member
Activity: 798
Merit: 262
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?
sr. member
Activity: 1372
Merit: 259
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.
Jump to: