[ANN] PayPie - Blockchain-Powered Risk Assessment - page 214.

itsonlikedonkeykong

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Activity: 378

Merit: 250

Quote from: FIEX on September 04, 2017, 12:26:26 AM

Quote from: magisterr on September 03, 2017, 09:02:53 PM

Quote from: nelson4lov on September 03, 2017, 03:31:08 PM

Quote from: Cauchy on September 03, 2017, 02:14:52 PM

When is the presale due and will it be min capped? thanks

Hello, Details about the presale (date, Min cap etc) are yet to be finalized. Once It is finalised, The information will be shared here.

In the meantime, You should subscribe to the PayPie Newsletter on the website: https://paypie.com or Join the Slack Channel: https://paypie.herokuapp.com/

On pre-sale you will have some more bonuses? Any miniimum pursache on pre-sale?

This was a message from a dev:
Details about the presale (date, Min cap etc) are yet to be finalized. Once It is finalised, The information will be shared here.

In the meantime, You should subscribe to the PayPie Newsletter on the website: https://paypie.com or Join the Slack Channel: https://paypie.herokuapp.com/

So more info very soon Wink

All good news. Thank you for sharing!

tiger5056

hero member

Activity: 686

Merit: 500

why is whole month for ICO? some time i seen loose hype after some days. i think week- or two week should be good

Pajulapoiss

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Activity: 554

Merit: 251

https://youtu.be/2ZVWIb6UOjQ

Nice little introduction video without too much technical talk.

So I guess that companies that want to use paypie will not have any problems or schemes that they want to hide. And companies are that do, they would most likely want to stay away from this project.

It definitely gives advantage to firms who start using the platform. It sends a clear message, that they don't have anything to hide, to investors and customers and others involved

tiger5056

hero member

Activity: 686

Merit: 500

Quote from: Elkmar on September 04, 2017, 07:18:43 PM

Quote from: Rigorous on September 04, 2017, 06:44:40 PM

Quote from: lvsca on September 04, 2017, 05:48:40 PM

how to increasing tha token value if it's pegged with FIAT currency for 1:1?

As far as I understand there are PPP Tokens, which can vary in value, and Pie Coins, which are pegged to major currencies.

There's a little bit more info in the new whitepaper:

Once the decentralized single ledger is set up, PayPie trustless ecosystem can be used to move money among parties without involving providers like Stripe, PayPal or any other 3rd party using internal stable “Pie Coin” pegged 1:1 against major currencies and balances tracked on the single ledger.

So do I understand correctly that the PPP Tokens are consumed into Pie Coins (also ERC20 tokens), similar to buying an intermediary currency such as crystals (which are then used as currency to buy in-game items) in a mobile game?

I would like the dev to answer this too. I'm not sure about how this work too, but I think that you guessed correctly.

That's interesting to have a stable cryptocurrency directly linked to the platform

interesting. lets wait for dev to answer. same here. i like project but looking for detail info

Elkmar

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Activity: 294

Merit: 100

Quote from: Rigorous on September 04, 2017, 06:44:40 PM

Quote from: lvsca on September 04, 2017, 05:48:40 PM

how to increasing tha token value if it's pegged with FIAT currency for 1:1?

As far as I understand there are PPP Tokens, which can vary in value, and Pie Coins, which are pegged to major currencies.

There's a little bit more info in the new whitepaper:

Once the decentralized single ledger is set up, PayPie trustless ecosystem can be used to move money among parties without involving providers like Stripe, PayPal or any other 3rd party using internal stable “Pie Coin” pegged 1:1 against major currencies and balances tracked on the single ledger.

So do I understand correctly that the PPP Tokens are consumed into Pie Coins (also ERC20 tokens), similar to buying an intermediary currency such as crystals (which are then used as currency to buy in-game items) in a mobile game?

I would like the dev to answer this too. I'm not sure about how this work too, but I think that you guessed correctly.

That's interesting to have a stable cryptocurrency directly linked to the platform

iad_xo

sr. member

Activity: 448

Merit: 250

are there any Pre-ICO? how are you going to handle KYC requirements fo SEC?

Rigorous

full member

Activity: 574

Merit: 115

Quote from: lvsca on September 04, 2017, 05:48:40 PM

how to increasing tha token value if it's pegged with FIAT currency for 1:1?

As far as I understand there are PPP Tokens, which can vary in value, and Pie Coins, which are pegged to major currencies.

There's a little bit more info in the new whitepaper:

Once the decentralized single ledger is set up, PayPie trustless ecosystem can be used to move money among parties without involving providers like Stripe, PayPal or any other 3rd party using internal stable “Pie Coin” pegged 1:1 against major currencies and balances tracked on the single ledger.

So do I understand correctly that the PPP Tokens are consumed into Pie Coins (also ERC20 tokens), similar to buying an intermediary currency such as crystals (which are then used as currency to buy in-game items) in a mobile game?

Wapinter

legendary

Activity: 2688

Merit: 1026

Hire me for Bounty Management

Quote from: toolucky98 on September 04, 2017, 06:08:45 PM

Quote from: Rigorous on September 04, 2017, 05:31:07 PM

I'm not an idiot, even though you repeatedly told me in another thread. It's in the PayPie whitepaper I've downloaded from the first post.

https://www.paypie.com/Content/files/PayPie-Whitepaper.pdf

Quote from: shivansps on September 04, 2017, 04:34:57 PM

Yes page 10 of paypie has Conclusion chapter

Please learn the difference between a page number and a chapter number.

Whoa , chill man, its not there in my whitepaper.
When did you download it? i think mine is the old version, because i didnt check if there was an update for the whitepaper.

Edited : Yes , yours is the latest, mine was only 582 kb, sorry for the misunderstanding.

Please note that Paypie Whitepaper has been updated and latest version is available on Paypie website http://paypie.com

OP will soon be updated with latest one

Islapdonkey

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Activity: 882

Merit: 277

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

Quote from: toolucky98 on September 04, 2017, 06:08:45 PM

Quote from: Rigorous on September 04, 2017, 05:31:07 PM

I'm not an idiot, even though you repeatedly told me in another thread. It's in the PayPie whitepaper I've downloaded from the first post.

https://www.paypie.com/Content/files/PayPie-Whitepaper.pdf

Quote from: shivansps on September 04, 2017, 04:34:57 PM

Yes page 10 of paypie has Conclusion chapter

Please learn the difference between a page number and a chapter number.

Whoa , chill man, its not there in my whitepaper.
When did you download it? i think mine is the old version, because i didnt check if there was an update for the whitepaper.

Lol! i don't think he is taking it personal, neither is he pointing a figure. If anything it seems like he is providing the proof needed to prove a point. anyway, am also interested in seeing the Dev's answer to this? my guess is they will utilize a system similar to usdt, but i would like to know how they pay on making it a reality.

bitsurfer2014

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Activity: 924

Merit: 520

Quote from: PS92 on September 04, 2017, 05:48:54 PM

Quote from: KryptoKings on September 04, 2017, 05:19:16 PM

Quote from: Drokzid on September 04, 2017, 05:05:10 PM

This sounds like a really promising project to me. What me makes really exciting compared to all the competitors is that they seem to be able to find lending opportunities. Could someone from the team explain in detail how you want to accomplish that? The whitepaper does not make this really clear to me. And who are your biggest competitors? As a potential investor I am interested in whom you have to beat and how.

What lending opportunities are you talking about?They wont provide any lending imo or will they do?Please do not confuse me further

I think he's talking about funding through the ICO. But you're right, even that would be confusing as that is technically not a loan.

PAYPIE will facilitate a risk scoring mechanism of a particular company to its creditors, lenders and the financial sector on a per need basis.

toolucky98

full member

Activity: 490

Merit: 100

Quote from: Rigorous on September 04, 2017, 05:31:07 PM

I'm not an idiot, even though you repeatedly told me in another thread. It's in the PayPie whitepaper I've downloaded from the first post.

https://www.paypie.com/Content/files/PayPie-Whitepaper.pdf

Quote from: shivansps on September 04, 2017, 04:34:57 PM

Yes page 10 of paypie has Conclusion chapter

Please learn the difference between a page number and a chapter number.

Whoa , chill man, its not there in my whitepaper.
When did you download it? i think mine is the old version, because i didnt check if there was an update for the whitepaper.

Edited : Yes , yours is the latest, mine was only 582 kb, sorry for the misunderstanding.

PS92

full member

Activity: 644

Merit: 101

Quote from: nelson4lov on September 04, 2017, 04:33:26 PM

Paypie is leveraging Blockchain technology to create a marketplace. PayPie’s marketplace is designed to facilitate fraud-proof opportunities.

Learn More: https://paypie.com

If PayPie uses IPFS for the storage of the underlying documentation, are you relying on the kindness of strangers to host those files, do the clients need to host those files themselves, is PayPie gonna host them or are you gonna use Filecoin and if so, who's gonna pay for it?

bitsurfer2014

hero member

Activity: 924

Merit: 520

Quote from: Mistafreeze on September 04, 2017, 04:54:44 PM

There slackpie software has thousands of existing clients and they will aggresivly market paypie to them.Cool idea.I think Paypie going to be bigger than Populous

Initially, PAYPIE platform will not only connect to Slickpie but it will also connect to other well known accounting software such as SAGE,QuickBooks Online, Netsuite..etc.

PS92

full member

Activity: 644

Merit: 101

Quote from: KryptoKings on September 04, 2017, 05:19:16 PM

Quote from: Drokzid on September 04, 2017, 05:05:10 PM

This sounds like a really promising project to me. What me makes really exciting compared to all the competitors is that they seem to be able to find lending opportunities. Could someone from the team explain in detail how you want to accomplish that? The whitepaper does not make this really clear to me. And who are your biggest competitors? As a potential investor I am interested in whom you have to beat and how.

What lending opportunities are you talking about?They wont provide any lending imo or will they do?Please do not confuse me further

I think he's talking about funding through the ICO. But you're right, even that would be confusing as that is technically not a loan.

lvsca

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Activity: 1792

Merit: 293

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: Rigorous on September 04, 2017, 05:31:07 PM

Quote from: toolucky98 on September 04, 2017, 04:16:21 PM

Quote from: mexi.db on September 04, 2017, 03:49:32 PM

Quote from: Rigorous on September 04, 2017, 03:16:43 PM

Page 10 of the whitepaper:

All internal payments will be managed using ERC20 compatible stable “Pie Coins” that are exchangeable for fiat and pegged 1:1 against major currencies to avoid exposure to fluctuations in the prices of cryptocurrencies.

How does that pegging work? Are the Pie Coins backed by fiat? Is there a reserve fund that stabilizes the Pie Coin?

I just read through page 10 of the whitepaper and can't seem to find this statement.

Its pie coin, wrong thread Undecided

I'm not an idiot, even though you repeatedly told me in another thread. It's in the PayPie whitepaper I've downloaded from the first post.

https://www.paypie.com/Content/files/PayPie-Whitepaper.pdf

Quote from: shivansps on September 04, 2017, 04:34:57 PM

Yes page 10 of paypie has Conclusion chapter

Please learn the difference between a page number and a chapter number.

how to increasing tha token value if it's pegged with FIAT currency for 1:1?

Rigorous

full member

Activity: 574

Merit: 115

Quote from: toolucky98 on September 04, 2017, 04:16:21 PM

Quote from: mexi.db on September 04, 2017, 03:49:32 PM

Quote from: Rigorous on September 04, 2017, 03:16:43 PM

Page 10 of the whitepaper:

All internal payments will be managed using ERC20 compatible stable “Pie Coins” that are exchangeable for fiat and pegged 1:1 against major currencies to avoid exposure to fluctuations in the prices of cryptocurrencies.

How does that pegging work? Are the Pie Coins backed by fiat? Is there a reserve fund that stabilizes the Pie Coin?

I just read through page 10 of the whitepaper and can't seem to find this statement.

Its pie coin, wrong thread Undecided

I'm not an idiot, even though you repeatedly told me in another thread. It's in the PayPie whitepaper I've downloaded from the first post.

https://www.paypie.com/Content/files/PayPie-Whitepaper.pdf

Quote from: shivansps on September 04, 2017, 04:34:57 PM

Yes page 10 of paypie has Conclusion chapter

Please learn the difference between a page number and a chapter number.

KryptoKings

hero member

Activity: 854

Merit: 506

Quote from: Drokzid on September 04, 2017, 05:05:10 PM

This sounds like a really promising project to me. What me makes really exciting compared to all the competitors is that they seem to be able to find lending opportunities. Could someone from the team explain in detail how you want to accomplish that? The whitepaper does not make this really clear to me. And who are your biggest competitors? As a potential investor I am interested in whom you have to beat and how.

What lending opportunities are you talking about?They wont provide any lending imo or will they do?Please do not confuse me further

PS92

full member

Activity: 644

Merit: 101

Finally a much needed and long awaited blockchain use case. Accounting needs to be up to date!!

Example: Coinlist needed an up to date statement of investor's finances for the Filecoin ICO. An accountant could sign a letter saying the investor's wealth exceeds X amount of dollars at August 1st, but the amount itself goes back to januari 1st. In other words: the investor could theoretically be bankrupt by now. Now is this just a method for Coinlist the wave all liability, but still, this system is flawed.

chaoscoinz

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Activity: 1150

Merit: 260

☆Gaget-Pack☆

Quote from: Mistafreeze on September 04, 2017, 04:54:44 PM

There slackpie software has thousands of existing clients and they will aggresivly market paypie to them.Cool idea.I think Paypie going to be bigger than Populous

Populous is only a platform for buying, selling, and trading invoices. Paypie appears to be an entire accountability ecosystem, as well, as a hub for instant credit scoring. Like they said themselves, it's the first of its kind on the blockchain! Cool

Drokzid

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Activity: 935

Merit: 257

HAIL THE KING!

This sounds like a really promising project to me. What me makes really exciting compared to all the competitors is that they seem to be able to find lending opportunities. Could someone from the team explain in detail how you want to accomplish that? The whitepaper does not make this really clear to me. And who are your biggest competitors? As a potential investor I am interested in whom you have to beat and how.

Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 214. (Read 109500 times)