Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 2. (Read 109500 times)
Very great that the dev team is working hard behind the scenes to bring this project to a success. I think i will buy some more in the near future.
I've lost eth buying 0.002 of a PayPie for 5 ETH. Didn't even get 1 PayPie. I got a fraction of a PPP in exchange for 5 ETH. I was an EtherDelta noob. I cried. I don't think anyone will pay more than me for a PPP
I wouldn't say that they are having regulatory issues, they are just making sure that they comply and cooperate with regulators in Canada and are taking a conservative yet robust approach to compliance in order to ensure that there are no future legal pot holes that many other companies that are more risk taking will face. I commend them on their approach as it shows they are looking long term. They are not just trying to make a quick buck or build token price so they can facilitate a late exit scam.
No way. This has been there reason all the damn time. We can no longer to be listed this on exchange. My PPP are still sitting on my ETH wallet almost 1 year. This has been the reason the whole time, you are correct. That is because they said it at the start so that everyone the got tokens would have complete (or relatively complete) information before making any purchases. I understood the undertaking that they were making and respect their decision to play the safest game long term to ensure that their product is viable long term.
The people that are constantly yelling 'when moon' and 'lambo' are literally just gambling on coins and throwing money at something. Dont be one of those people.
1 Year to make a fully operational platform that has the potential to disrupt accounting and factoring services in one swift move is not a long time. This is something that is genuinely worth being patient for.
Hope the price immediately recovery to $ 2 because I bought when the price of $ 1.5, other than that the daily transaction volume is so small that makes the price feels difficult to rise.
I guess price will stay low as long as they aren't on good exchanges which will only happen when they'll have sorted out their regulatory issues.
I'm sure the team can solve the issue because they are a professional team. Although it takes more time to solve this issue but i am sure in Q3 or at least in this year their issues about regulation and exchange will be completed.
Paypie is a very big project that will become really useful in real life! I'm totally excited about the new website.
New website is already launched with beta platform maybe you didn't check it there so you can take a look on professional looking website and can share your opinion about this great work which have been done by the team. New website has more details and links to this platform.
Paypie is a very big project that will become really useful in real life! I'm totally excited about the new website.
The problem with which PayPie is coping is great. Many SMEs are trying to get funding from banks. This would really help SMEs, if they could get easier funding because of technology advancement.
I wouldn't say that they are having regulatory issues, they are just making sure that they comply and cooperate with regulators in Canada and are taking a conservative yet robust approach to compliance in order to ensure that there are no future legal pot holes that many other companies that are more risk taking will face. I commend them on their approach as it shows they are looking long term. They are not just trying to make a quick buck or build token price so they can facilitate a late exit scam.
No way. This has been there reason all the damn time. We can no longer to be listed this on exchange. My PPP are still sitting on my ETH wallet almost 1 year.
I wouldn't say that they are having regulatory issues, they are just making sure that they comply and cooperate with regulators in Canada and are taking a conservative yet robust approach to compliance in order to ensure that there are no future legal pot holes that many other companies that are more risk taking will face. I commend them on their approach as it shows they are looking long term. They are not just trying to make a quick buck or build token price so they can facilitate a late exit scam.
Hope the price immediately recovery to $ 2 because I bought when the price of $ 1.5, other than that the daily transaction volume is so small that makes the price feels difficult to rise.
I guess price will stay low as long as they aren't on good exchanges which will only happen when they'll have sorted out their regulatory issues.
Hope the price immediately recovery to $ 2 because I bought when the price of $ 1.5, other than that the daily transaction volume is so small that makes the price feels difficult to rise.
That is really amazing approach although this could take little long time than expected by this will bring more big success than our imagination. I would like to keep hodl until they find the wonderful way for this project to make it really useful.
Just keep and accumulate this token as much as possible because i see the big potential. Just remember that this token has not a better exchange yet. When Paypie listed on major exchange, i am sure the price will start to rise
Excellent article in which it was stated that since beta is launched 200 small and medium businesses joined the platform. It is also understandable due to legal confidentiality those should be kept in veils. Now we have better idea about the company but my believe in this project is since day one I bought these tokens.
That is really amazing approach although this could take little long time than expected by this will bring more big success than our imagination. I would like to keep hodl until they find the wonderful way for this project to make it really useful.
Reporting, Cash Flow and Your Business’ Financial Health
Posted on June 1, 2018 by Michelle Mire
Like 64.4% of businesses, you use accounting software to help keep your finances on track by systematically recording your income and expenses and other crucial data. In turn, this information becomes the foundation for key financial statements, like your balance sheet, profit and loss statement and cash flow statement.
Why should you routinely review your business’ financial statements?
According to Mike Kappel, CEO of Patriot Software, the best way to measure success is to look at your financial statements. “Measuring business performance means checking out the money flow (cash flow) of your business. If you want to see how profitable your business is, check out the financial statements.”
For the remainder of the article, click on the below web-link:
https://blog.paypie.com/uncategorized/reporting-cash-flow-and-your-business-financial-health/
Posted on June 1, 2018 by Michelle Mire
Like 64.4% of businesses, you use accounting software to help keep your finances on track by systematically recording your income and expenses and other crucial data. In turn, this information becomes the foundation for key financial statements, like your balance sheet, profit and loss statement and cash flow statement.
Why should you routinely review your business’ financial statements?
According to Mike Kappel, CEO of Patriot Software, the best way to measure success is to look at your financial statements. “Measuring business performance means checking out the money flow (cash flow) of your business. If you want to see how profitable your business is, check out the financial statements.”
For the remainder of the article, click on the below web-link:
https://blog.paypie.com/uncategorized/reporting-cash-flow-and-your-business-financial-health/
It's seriously confusing that project of this magnitude doesn't have any respected exchanges yet... ( if you don't count ed or forkdelta )
Old investors are depressed due to not have good exchange on the list after launch of beta there was high expectation we will see this on big exchanges even dev team have solid track record. But I also take it as opportunity to increase my token as cheap price. I believe in future this will be on leading position being first mover into blockchain space.
I still expecting in this year Paypie can get listed on another exchange. So let's give more time at least until the end of this year, and let's see whether this token listed on another exchange or not
As someone said before apparently they are still waiting for the Canadian regulators' approvement that their tokens are utility tokens. Hopefully it doesn't take that long anymore.
This recent update is for those mates who were showing impatience and were demanding statement on the situation. We know what professional approach to anything look alike so can differentiate projects based on their nature and categories. First mover's advantage has zero significance if there are flaws and not full preparation that is absolute reality.
Greta read along with this update on this forum and that blog which contains highly professional and quality material. I hope this update will clear many people to have better understanding about the project and after knowing exact status of the development. I am long on PayPie and appreciate these efforts which they are doing to build something long lasting and fully regulated.
I've lost eth buying 0.002 of a PayPie for 5 ETH. Didn't even get 1 PayPie. I got a fraction of a PPP in exchange for 5 ETH. I was an EtherDelta noob. I cried. I don't think anyone will pay more than me for a PPP
0.002 is equivalent to 1 USD. You have a PPP tokens equivalent to 2.5 ETH as of now. This kind of problem shouldn't be ignored. PPP needs a better exchange.
The same situation happened with my brother, he lost significant amount of ETH, because he was in a hurry and mixed up "price" with "amount" areas. Nothing cannot be done with his lost, all money were immediately transferred to new addresses. I`m very sorry for your loss. ALWAYS double check number of decimals after point, where you at: sell or buy section, correct price and amount.
Hot off the press.
Updates from PAYPIE.
We acknowledge that the further clarifications are necessary for the community to better understand the situation we face regarding the regulatory scene in our local crypto space. Canada is a very rigorous and responsible country, and we respect our premium institutions and regulatory bodies. It is our understanding that only companies that fully abide by guidelines can thrive and remain viable in the long term.
As some of you know, our team has been in direct, close, and constant contact with our local regulators since July 2017, so far over 10 long months now. We have been nothing but completely cooperative. Our founders have personally spent over 500 hours directly working with our legal team toward achieving an efficient outcome and we are making positive progress. We strongly believe that we have the best legal team in the country in place to move things forward in this kind of environment.
Despite all this effort, things have been taking vastly longer than we all expected and that is causing everybody unnecessary hassles that are out of our control. The company won't adopt a reckless posture and act according to its own will disregarding what the competent bodies might think or say. Our team is aware that there are other companies in similar positions that are choosing that path and doing things their own way. We don't see a bright future coming from such practices. A look at the history shows us that Napster was doomed even after having the first-mover advantage while Spotify and iTunes are still thriving for having engaged with regulators to solve a real problem.
The scope of this update is to inform the community that the team shares your frustration. The company and the community are in the same boat together. All navigating through rough waters in the pursuit of peaceful times that is coming as we move forward on a certainly positive path. We are developing a business to grow in a way that is strategically correct for the long run. We are building PayPie to thrive for years to come, and we can do it better while working with regulatory bodies. We do understand the importance of having a platform where tokens can be bought and sold in a safe and secure environment and we will pursue it at the right time.
We also know that sometimes the community can be anxious about more frequent updates from the team and we have tried to keep you updated with one or two monthly emails. It's important to keep in mind that we are also always available for clarifications through our Contact Us form on our website.
There are numerous improvements being done on the platform. We are currently working on an entire cash flow forecasting system to be implemented in the coming weeks. This will let SMEs clearly see when they would be in a negative cash flow position so that they can plan ahead and take advantage of invoice factoring for immediate access to cash. The cash flow forecasting will feed the data right into our credit risk assessment on the blockchain and will be invaluable.
The SMEs outreach has been constant, and we now have more than 200 (!) SMEs signed up. That's a quite respectable number already for only one month of Beta and we will make full efforts for it to keep growing exponentially with time. A good number of them have successfully connected their QBO accounts to the platform and the remaining ones will also be onboarded. We have a real-value-first approach to achieving our goals. Real value first, viral exposure later – not the other way around.
We are also thrilled to share that one of the most skilled experts in the content writing fintech industry has joined our ranks – our new Content Writer and Strategist, Michelle Mire. She is debuting on the PayPie blog with a rock-solid article about reporting, cash flow and how to improve your business' financial health, so go nuts and share it at will: https://blog.paypie.com/uncategorized/reporting-cash-flow-and-your-business-financial-health/
Best,
Yohan Varella
CMO
Updates from PAYPIE.
We acknowledge that the further clarifications are necessary for the community to better understand the situation we face regarding the regulatory scene in our local crypto space. Canada is a very rigorous and responsible country, and we respect our premium institutions and regulatory bodies. It is our understanding that only companies that fully abide by guidelines can thrive and remain viable in the long term.
As some of you know, our team has been in direct, close, and constant contact with our local regulators since July 2017, so far over 10 long months now. We have been nothing but completely cooperative. Our founders have personally spent over 500 hours directly working with our legal team toward achieving an efficient outcome and we are making positive progress. We strongly believe that we have the best legal team in the country in place to move things forward in this kind of environment.
Despite all this effort, things have been taking vastly longer than we all expected and that is causing everybody unnecessary hassles that are out of our control. The company won't adopt a reckless posture and act according to its own will disregarding what the competent bodies might think or say. Our team is aware that there are other companies in similar positions that are choosing that path and doing things their own way. We don't see a bright future coming from such practices. A look at the history shows us that Napster was doomed even after having the first-mover advantage while Spotify and iTunes are still thriving for having engaged with regulators to solve a real problem.
The scope of this update is to inform the community that the team shares your frustration. The company and the community are in the same boat together. All navigating through rough waters in the pursuit of peaceful times that is coming as we move forward on a certainly positive path. We are developing a business to grow in a way that is strategically correct for the long run. We are building PayPie to thrive for years to come, and we can do it better while working with regulatory bodies. We do understand the importance of having a platform where tokens can be bought and sold in a safe and secure environment and we will pursue it at the right time.
We also know that sometimes the community can be anxious about more frequent updates from the team and we have tried to keep you updated with one or two monthly emails. It's important to keep in mind that we are also always available for clarifications through our Contact Us form on our website.
There are numerous improvements being done on the platform. We are currently working on an entire cash flow forecasting system to be implemented in the coming weeks. This will let SMEs clearly see when they would be in a negative cash flow position so that they can plan ahead and take advantage of invoice factoring for immediate access to cash. The cash flow forecasting will feed the data right into our credit risk assessment on the blockchain and will be invaluable.
The SMEs outreach has been constant, and we now have more than 200 (!) SMEs signed up. That's a quite respectable number already for only one month of Beta and we will make full efforts for it to keep growing exponentially with time. A good number of them have successfully connected their QBO accounts to the platform and the remaining ones will also be onboarded. We have a real-value-first approach to achieving our goals. Real value first, viral exposure later – not the other way around.
We are also thrilled to share that one of the most skilled experts in the content writing fintech industry has joined our ranks – our new Content Writer and Strategist, Michelle Mire. She is debuting on the PayPie blog with a rock-solid article about reporting, cash flow and how to improve your business' financial health, so go nuts and share it at will: https://blog.paypie.com/uncategorized/reporting-cash-flow-and-your-business-financial-health/
Best,
Yohan Varella
CMO
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