Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment - page 63. (Read 109500 times)
Unfortunately I missed out on this ICO so looks like I will be buying any quick dumps
Okay okay...You caught us...
There was no deal with a private investor... We just decided to keep more for ourselves cause we could see that this project was going to be bigger than we expected...
We are sorry you guys, we hope you forgive us and still have faith in this project
PayPie Team
There was no deal with a private investor... We just decided to keep more for ourselves cause we could see that this project was going to be bigger than we expected...
We are sorry you guys, we hope you forgive us and still have faith in this project
PayPie Team
congratulation paypie team. is there ICO is scheduled or not or total token supply soldout in pre-sale?
lol troll.. but an honest troll.. most likely the truth.
That was quick congrats to the dev`s looking forward to the success of the project, paypie is just starting, the real work begins after the ICO.
Awesome!
How do we see the tokens ? manual input ?
Thanks!
How do we see the tokens ? manual input ?
Thanks!
Hi guys.
I put some ETH in the potluck... how can I see my tokens ?
Manual input ?
thx!
"ALL TOKENS SOLD OUT! THANK YOU!"
Congratz to all !
Vive Paypie !
Congratz to all !
Vive Paypie !
Ma Couille
J'adore. Vive la France et les connards :-)
Their answer will be NDA can't talk about it. But if they cant give a simple answer as to why the partnership with such a huge amount of ppp missing was not put in the allocation for deals/partnership then it is obvious that this is an inside job that is meant that the missing tolkens is not meant to be locked down. Let's just hope we get out before the dump.
NDA agreement, who the fuck does that.. especially if the company think it is a good partnership that would benefit the entire project. It would make 100% that if it was a private deal then it would been serperate from the crowdsale portion and be in the partnership portion. HUGE FUCKING RED FLAG.
And from a project that is supposed to be all about transparency. this was their mantra
The irony in a blockchain accounting company not able to allocate their own tokens to previously agreed upon terms. Wasn’t the individual cap on the presale like 75 eth? So even if you did have a private investor how could they get such a large allocation unless it’s an inside job.
NDA agreement, who the fuck does that.. especially if the company think it is a good partnership that would benefit the entire project. It would make 100% that if it was a private deal then it would been serperate from the crowdsale portion and be in the partnership portion. HUGE FUCKING RED FLAG.
I wonder if the private investor is SlickPie, the other accounting company the PayPie founders started. If that turned out to be true, this would basically be a Ponzi scheme.
What private investor would go for these terms that would obviously upset all the small investors?
It doesn’t add up.
What private investor would go for these terms that would obviously upset all the small investors?
It doesn’t add up.
First, I wanna say that I do really appreciate @Nick and @Yohan for being willing to answer questions even when you’ve already been asked the same thing over and over every single day. And you have been very accommodating to the communities needs. Mucho appreciated.
Now onto issues:
I got a bonus and I wasn't even expecting one. Cool. Unfortunately, what isn’t cool, is the Paypie team said one thing and did another. Bonuses were supposed to go to the smaller contributors. But that's not what happened. The payee team did not release the bonus structure openly for everyone to review until right before the pre-sale started. At the time, I honestly didn’t think much about until now. Now when I really stop and think about it everything, it all seems kind of shady how this whole thing has played out.
So lets review:
This morning a email was sent out right before the crowdsale with this Note attached to the bottom:
“Note: we have signed a deal with a strategic partner for contributing to the platform's development in a long term commitment. The terms of the agreement are confidential and this partnership is one of the most valuable things that could have happened for the platform's progress. We just wanted to share that bit with the community before the pre-sale. Future looks bright!”
According to the white paper, 82,500,500 PPP tokens would be available for the crowdsale.
1ETH = 909 PPP tokens(0.0011 ETH = 1 PPP)
Smart Contract? Yes
82,500,000 PPP Max Hard cap for Crowdsale
4,500,000 PPP soft cap minimum req for crowdsale
27,500,000 PPP for Team and Advisors
55,000,000 PPP for Industry Reserve to help develop partnerships and future acquisitions to become a dominant market leader.
Accoring the the contract ETH provided to us today (0xf8A15b1540d5f9D002D9cCb7FD1F23E795c2859d) = (0xF821Fd99BCA2111327b6a411C90BE49dcf78CE0f)
61,082 ETH was contributed publicly which means 55,523,538 PPP tokens were bought publicly.
This leave 26,976, 462 tokens left that are unaccounted for.
Hypothetically, If everyone had gotten a bonus of 5%(we all know that didn’t happen) then that would then give contributors as a whole 1,348,823 PPP tokens. But that still would leave 25,627,639 PPP tokens left.
This begs the question, why wasn’t this transaction or set of transactions of roughly 26,976,62 PPP tokens recorded on the blockchain at the same time as and under the same contract address as the rest of the crowd sale?? And if this was a strategic partnership deal as stated in the thank you email this morning, then why didn’t the paypie team use the INDUSTRY RESERVE tokens of 55,000,000 to make this deal instead of taking from the crowdsale AND also at the same time renege on a earlier agreement of giving smaller donors a bonus?
The argument that giving everyone a bonus is not really a bonus is very shallow argument and a slap in the face to small investors. Because if going off of that logic, then I see no reason why Paypie shouldn’t have been able to stick to the original agreement which gave the smaller donors the bonus and none for the larger donors.
Also why did you feel that you had to make a SECRET NDA deal with business individuals to advance the company along? How are we to trust that you have investors and also future customer’s best interest at heart when nothing about the deal has been disclosed??? How is anyone supposed to be okay with that and be expected to just blindly trust you? This is a new era guys and what would have been acceptable in the old fiat, large corporation way of doing business, is NOT okay in the blockchain era. Blockchain requires transparency and the was the absolute opposite.
This wasn’t in the white paper guys and you need to make it right.
Now onto issues:
I got a bonus and I wasn't even expecting one. Cool. Unfortunately, what isn’t cool, is the Paypie team said one thing and did another. Bonuses were supposed to go to the smaller contributors. But that's not what happened. The payee team did not release the bonus structure openly for everyone to review until right before the pre-sale started. At the time, I honestly didn’t think much about until now. Now when I really stop and think about it everything, it all seems kind of shady how this whole thing has played out.
So lets review:
This morning a email was sent out right before the crowdsale with this Note attached to the bottom:
“Note: we have signed a deal with a strategic partner for contributing to the platform's development in a long term commitment. The terms of the agreement are confidential and this partnership is one of the most valuable things that could have happened for the platform's progress. We just wanted to share that bit with the community before the pre-sale. Future looks bright!”
According to the white paper, 82,500,500 PPP tokens would be available for the crowdsale.
1ETH = 909 PPP tokens(0.0011 ETH = 1 PPP)
Smart Contract? Yes
82,500,000 PPP Max Hard cap for Crowdsale
4,500,000 PPP soft cap minimum req for crowdsale
27,500,000 PPP for Team and Advisors
55,000,000 PPP for Industry Reserve to help develop partnerships and future acquisitions to become a dominant market leader.
Accoring the the contract ETH provided to us today (0xf8A15b1540d5f9D002D9cCb7FD1F23E795c2859d) = (0xF821Fd99BCA2111327b6a411C90BE49dcf78CE0f)
61,082 ETH was contributed publicly which means 55,523,538 PPP tokens were bought publicly.
This leave 26,976, 462 tokens left that are unaccounted for.
Hypothetically, If everyone had gotten a bonus of 5%(we all know that didn’t happen) then that would then give contributors as a whole 1,348,823 PPP tokens. But that still would leave 25,627,639 PPP tokens left.
This begs the question, why wasn’t this transaction or set of transactions of roughly 26,976,62 PPP tokens recorded on the blockchain at the same time as and under the same contract address as the rest of the crowd sale?? And if this was a strategic partnership deal as stated in the thank you email this morning, then why didn’t the paypie team use the INDUSTRY RESERVE tokens of 55,000,000 to make this deal instead of taking from the crowdsale AND also at the same time renege on a earlier agreement of giving smaller donors a bonus?
The argument that giving everyone a bonus is not really a bonus is very shallow argument and a slap in the face to small investors. Because if going off of that logic, then I see no reason why Paypie shouldn’t have been able to stick to the original agreement which gave the smaller donors the bonus and none for the larger donors.Also why did you feel that you had to make a SECRET NDA deal with business individuals to advance the company along? How are we to trust that you have investors and also future customer’s best interest at heart when nothing about the deal has been disclosed??? How is anyone supposed to be okay with that and be expected to just blindly trust you? This is a new era guys and what would have been acceptable in the old fiat, large corporation way of doing business, is NOT okay in the blockchain era. Blockchain requires transparency and the was the absolute opposite.
This wasn’t in the white paper guys and you need to make it right.
Can more people raise this in their telegram. I was banned not for this reason but another. We need to ask them about this concerning issue.
It makes no sense for you as an investor to lie. They even banned me from asking or debating simple things. As an investor i think there will be a big dump when this comes out. Insiders must got 1/10 of price of free perhaps.
iI'm not lying at all. I've been around people know me here, I am not unscrupulous
Do you guys know what my signature says?
I believe it is a timeless piece of verse.
I believe it is a timeless piece of verse.
Just want to check on when will they start distributing the Tokens?
It makes no sense for you as an investor to lie. They even banned me from asking or debating simple things. As an investor i think there will be a big dump when this comes out. Insiders must got 1/10 of price of free perhaps.
They need to clarify the situation with the private investor... that is why it sold out incredibly fast in less than 1 hour. Very alarming.
They might. but i don't care what liars say
Why would they try to set u up though? I guess they don't want you to raise awareness to the fishy private investor. If what you say is true, that they are lying and have set you up, my faith in this project has gone down hill. Very fishy inside investors.
That's my take on it since they had to make something up to cover the real reason, which was me being unhappy that they moved the goal posts without given us enough time to reassess.
Seems deliberate to me that they did it that way, neither did they mention anything about tokens going to the investor prior to the sale
They need to clarify the situation with the private investor... that is why it sold out incredibly fast in less than 1 hour. Very alarming.
They might. but i don't care what liars say
Why would they try to set u up though? I guess they don't want you to raise awareness to the fishy private investor. If what you say is true, that they are lying and have set you up, my faith in this project has gone down hill. Very fishy inside investors.
They should of outlined clearly in their white paper that a portion should be reserve for partnership and what not.. But they do it last minute is very concerning. When they do it last minute we cannot ask question before the ICO and things end eruptly. We should raise awareness to the shadiness.
They need to clarify the situation with the private investor... that is why it sold out incredibly fast in less than 1 hour. Very alarming.
They might. but i don't care what liars say
They need to clarify the situation with the private investor... that is why it sold out incredibly fast in less than 1 hour. Very alarming.
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