[ANN] PayPie - Blockchain-Powered Risk Assessment - page 161.

Wapinter

legendary

Activity: 2688

Merit: 1026

Hire me for Bounty Management

Quote from: the_donald on September 20, 2017, 04:09:21 AM

Quote from: magisterr on September 19, 2017, 03:56:39 PM

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.

bitcoin-shark

hero member

Activity: 2968

Merit: 605

Quote from: Trrrt on September 18, 2017, 03:03:24 PM

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...

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

Quote from: Jay2408 on September 20, 2017, 04:44:31 AM

Quote from: levyashin on September 20, 2017, 04:26:02 AM

Quote from: Jay2408 on September 20, 2017, 03:43:02 AM

Quote from: Korsakopf on September 20, 2017, 03:33:33 AM

Quote from: PitL0rd2002 on September 20, 2017, 03:00:18 AM

But they have Additional 55,000,000 PPP tokens to develop partnerships ... Shocked

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

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

ParRus

full member

Activity: 490

Merit: 104

Quote from: Korsakopf on September 20, 2017, 04:47:02 AM

Quote from: Jay2408 on September 20, 2017, 03:43:02 AM

Quote from: Korsakopf on September 20, 2017, 03:33:33 AM

Quote from: PitL0rd2002 on September 20, 2017, 03:00:18 AM

But they have Additional 55,000,000 PPP tokens to develop partnerships ... Shocked

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

Korsakopf

full member

Activity: 210

Merit: 105

Quote from: Jay2408 on September 20, 2017, 03:43:02 AM

Quote from: Korsakopf on September 20, 2017, 03:33:33 AM

Quote from: PitL0rd2002 on September 20, 2017, 03:00:18 AM

But they have Additional 55,000,000 PPP tokens to develop partnerships ... Shocked

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.

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: levyashin on September 20, 2017, 04:26:02 AM

Quote from: Jay2408 on September 20, 2017, 03:43:02 AM

Quote from: Korsakopf on September 20, 2017, 03:33:33 AM

Quote from: PitL0rd2002 on September 20, 2017, 03:00:18 AM

But they have Additional 55,000,000 PPP tokens to develop partnerships ... Shocked

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

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: Jay2408 on September 20, 2017, 03:43:02 AM

Quote from: Korsakopf on September 20, 2017, 03:33:33 AM

Quote from: PitL0rd2002 on September 20, 2017, 03:00:18 AM

But they have Additional 55,000,000 PPP tokens to develop partnerships ... Shocked

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.

matjas

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?

the_donald

full member

Activity: 588

Merit: 100

Quote from: magisterr on September 19, 2017, 03:56:39 PM

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.

alphashotgun

full member

Activity: 154

Merit: 100

Quote from: pynetx on September 19, 2017, 11:02:54 PM

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

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Korsakopf on September 20, 2017, 03:33:33 AM

Quote from: PitL0rd2002 on September 20, 2017, 03:00:18 AM

But they have Additional 55,000,000 PPP tokens to develop partnerships ... Shocked

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.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: levyashin on September 20, 2017, 01:28:44 AM

Quote from: Wapinter on September 19, 2017, 04:51:02 PM

Quote from: magisterr on September 19, 2017, 03:56:39 PM

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.

Korsakopf

full member

Activity: 210

Merit: 105

Quote from: PitL0rd2002 on September 20, 2017, 03:00:18 AM

But they have Additional 55,000,000 PPP tokens to develop partnerships ... Shocked

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.

imtiazmahmood

sr. member

Activity: 476

Merit: 250

Quote from: Jay2408 on September 19, 2017, 06:09:23 AM

Quote from: imtiazmahmood on September 19, 2017, 03:21:59 AM

Quote from: pynetx on September 19, 2017, 02:04:07 AM

Quote from: cmg12 on September 19, 2017, 01:42:09 AM

Quote from: toolucky98 on September 19, 2017, 12:08:48 AM

Quote from: pynetx on September 18, 2017, 11:37:27 PM

Quote from: cmg12 on September 18, 2017, 05:45:16 PM

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?

cantdecide

full member

Activity: 336

Merit: 112

Quote from: Jay2408 on September 20, 2017, 02:55:05 AM

Quote from: magisterr on September 20, 2017, 02:34:55 AM

Quote from: pynetx on September 20, 2017, 02:27:44 AM

Quote from: magisterr on September 20, 2017, 02:08:44 AM

Quote from: bitjet on September 20, 2017, 01:41:16 AM

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.

PitL0rd2002

full member

Activity: 168

Merit: 100

But they have Additional 55,000,000 PPP tokens to develop partnerships ... Shocked

Jay2408

full member

Activity: 518

Merit: 101

🚀🚀 ATHERO.IO 🚀🚀

Quote from: magisterr on September 20, 2017, 02:34:55 AM

Quote from: pynetx on September 20, 2017, 02:27:44 AM

Quote from: magisterr on September 20, 2017, 02:08:44 AM

Quote from: bitjet on September 20, 2017, 01:41:16 AM

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."

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: pynetx on September 20, 2017, 02:27:44 AM

Quote from: magisterr on September 20, 2017, 02:08:44 AM

Quote from: bitjet on September 20, 2017, 01:41:16 AM

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.

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: magisterr on September 20, 2017, 02:08:44 AM

Quote from: bitjet on September 20, 2017, 01:41:16 AM

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?

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: bitjet on September 20, 2017, 01:41:16 AM

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.

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