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Topic: [ANN - Pre-ICO] BlockPay - Zero Cost, digital currency Point-Of-Sale systems - page 15. (Read 44568 times)

rnr
sr. member
Activity: 247
Merit: 250
Got them. Deutsche Pünktlichkeit Grin
full member
Activity: 204
Merit: 137
SmileyGnome
Had someone recommend you in one of my trading groups. Interesting project. Not into ICO... when will it become public? I am more interested in using the software.
legendary
Activity: 1764
Merit: 1000
Hi guys,

I have a n00b question, I sent some BTC via openledger (bitshares.openledger.info) to purchase blockpay tokens (2nd pre-ICO). When will I see them in my openledger account?

Thank you for your help!

they issue the tokens today. should be there in 24hours I think

Anyone received their tokens yet?  I realize the drop is today, but was just curious.  Kind of wish there was a better way to tell of your order status.

Agreed

Happy to see this successful crowdfund as well! I am also patiently waiting for tokens.  Smiley

Still waiting for my tokens... anybody has the same issue?

still being distributed, you can follow it here http://cryptofresh.com/u/ico.blockpay
legendary
Activity: 1764
Merit: 1000
So is Phase 3 still running or not? i see a post from yesterday stating:

Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running

...but i then read ICO is now closed. I'd like to invest if it's not too late.

they're traded on OpenLedger https://bitshares.openledger.info/?r=fav/#/market/BLOCKPAY_BTS
sr. member
Activity: 336
Merit: 250
So is Phase 3 still running or not? i see a post from yesterday stating:

Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running

...but i then read ICO is now closed. I'd like to invest if it's not too late.

Yep...ICO is over and if you want to purchase some, you can head over to openledger and trade there.  

I bought a little at the 3rd ico stage, and over the last 24 hours have traded bts for blockpay on openledger.
hero member
Activity: 630
Merit: 503
So is Phase 3 still running or not? i see a post from yesterday stating:

Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running

...but i then read ICO is now closed. I'd like to invest if it's not too late.

Unfortunately ico is already over.
sr. member
Activity: 364
Merit: 250
So is Phase 3 still running or not? i see a post from yesterday stating:

Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running

...but i then read ICO is now closed. I'd like to invest if it's not too late.
hero member
Activity: 693
Merit: 508

Hi Mandica,

Yes, we are currently reaching out to other Crypto exchanges and try to figure out the best way to add our BlockPay tokens to the exchanges. I am also working on a short tutorial to show you how to trade BlockPay with Open.BTC on the OpenLedger Exchange.

I have a question to the community. What is the best way to pay out profit shares to all stakeholder? I have my a good solution in mind, but I want to get your feedback too.

a) Direct profit payout to account
b) Buyback on the market

I stated before that my biggest concerns are that exchanges like Poloniex. What if they will not pay forward the profit shares to the rightful owners? Lets us assume we pay 0.10 USD per BlockPay token, and share drop that to all holders. How can we do that on Poloniex or Bittrix?

How are other coins doing that part? Ethereum, Plutos, etc.

I would prefer a)
I don´t know how other coins are handle it but fact is, it´s doable. Maybe you should ask polo, bittrex directly (i presume they have to split the payout)?! As for your concerns: As long as they don´t get hacked i have no doubt they will pay.

...ah and don´t forget:

NEVER safe your coins on an exchange!


ps: Thank you very much for the bounty!



That brings forth another question, will there be a wallet for our Blockpay token? I mean a local wallet that can be downloaded and can run independently.
sr. member
Activity: 336
Merit: 250

I have a question to the community. What is the best way to pay out profit shares to all stakeholder? I have my a good solution in mind, but I want to get your feedback too.

a) Direct profit payout to account
b) Buyback on the market

I stated before that my biggest concerns are that exchanges like Poloniex. What if they will not pay forward the profit shares to the rightful owners? Lets us assume we pay 0.10 USD per BlockPay token, and share drop that to all holders. How can we do that on Poloniex or Bittrix?

How are other coins doing that part? Ethereum, Plutos, etc.

Chris,

Three things are necessary to see the tokens 'successfully' appreciate:

A. Underlying businesses should prosper. (You should focus on this, and then broadcast the successes and milestones in order to generate interest & excitement.)
B. Issue a token with a finite issue. (You have too many tokens on the shelf - look for excuses to burn them, in a verifiable burn account.)
C. Have the token intrinsic to the function of your product, or have them share in profits in a predictable, contractual way - this is what you are enquiring about.

My initial thought is that, at this early stage you really need all cashflow to continue to grow, so frankly you don't have cash to give back to token holders. I would like to see you focus thus:

A: Grow the underlying business, and brag/publish your success milestones in order to facilitate token price appreciation.
B: Burn excess tokens as aggressively as you dare - and tie the burn rate to Blockpay++ expansion, if you like.

My 2.



I like this.  I definitely think you guys should focus on the business first and forget about profit sharing.  Use those profits to burn future coins (aggessively as stated) to get the total number down.  I agree that ~99 million is too many tokens for the value to take off.

This way you don't have to worry about the exchanges paying it forward, because in theory you will be by reducing token count and increasing prices.
legendary
Activity: 1310
Merit: 1000

Hi Mandica,

Yes, we are currently reaching out to other Crypto exchanges and try to figure out the best way to add our BlockPay tokens to the exchanges. I am also working on a short tutorial to show you how to trade BlockPay with Open.BTC on the OpenLedger Exchange.

I have a question to the community. What is the best way to pay out profit shares to all stakeholder? I have my a good solution in mind, but I want to get your feedback too.

a) Direct profit payout to account
b) Buyback on the market

I stated before that my biggest concerns are that exchanges like Poloniex. What if they will not pay forward the profit shares to the rightful owners? Lets us assume we pay 0.10 USD per BlockPay token, and share drop that to all holders. How can we do that on Poloniex or Bittrix?

How are other coins doing that part? Ethereum, Plutos, etc.

I would prefer a)
I don´t know how other coins are handle it but fact is, it´s doable. Maybe you should ask polo, bittrex directly (i presume they have to split the payout)?! As for your concerns: As long as they don´t get hacked i have no doubt they will pay.

...ah and don´t forget:

NEVER safe your coins on an exchange!


ps: Thank you very much for the bounty!

full member
Activity: 227
Merit: 100

I have a question to the community. What is the best way to pay out profit shares to all stakeholder? I have my a good solution in mind, but I want to get your feedback too.

a) Direct profit payout to account
b) Buyback on the market

I stated before that my biggest concerns are that exchanges like Poloniex. What if they will not pay forward the profit shares to the rightful owners? Lets us assume we pay 0.10 USD per BlockPay token, and share drop that to all holders. How can we do that on Poloniex or Bittrix?

How are other coins doing that part? Ethereum, Plutos, etc.

Chris,

Three things are necessary to see the tokens 'successfully' appreciate:

A. Underlying businesses should prosper. (You should focus on this, and then broadcast the successes and milestones in order to generate interest & excitement.)
B. Issue a token with a finite issue. (You have too many tokens on the shelf - look for excuses to burn them, in a verifiable burn account.)
C. Have the token intrinsic to the function of your product, or have them share in profits in a predictable, contractual way - this is what you are enquiring about.

My initial thought is that, at this early stage you really need all cashflow to continue to grow, so frankly you don't have cash to give back to token holders. I would like to see you focus thus:

A: Grow the underlying business, and brag/publish your success milestones in order to facilitate token price appreciation.
B: Burn excess tokens as aggressively as you dare - and tie the burn rate to Blockpay++ expansion, if you like.

My 2.

sr. member
Activity: 502
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
Received my BlockPay tokens  Wink
.m.
sr. member
Activity: 280
Merit: 260
Congratulations on the successful crowdfund ! Watching Wink
full member
Activity: 175
Merit: 100
Will this token be listed at other exchanges and can the devs please provide an update for this. It would be good to see this at Poloniex soon and I think that is needed if the Blockpay team want to increase the value and maximise their chances of a successful second ICO.

I noticed that most trade is in BTS and not BTC at OpenLedger??

Hi Mandica,

Yes, we are currently reaching out to other Crypto exchanges and try to figure out the best way to add our BlockPay tokens to the exchanges. I am also working on a short tutorial to show you how to trade BlockPay with Open.BTC on the OpenLedger Exchange.

I have a question to the community. What is the best way to pay out profit shares to all stakeholder? I have my a good solution in mind, but I want to get your feedback too.

a) Direct profit payout to account
b) Buyback on the market

I stated before that my biggest concerns are that exchanges like Poloniex. What if they will not pay forward the profit shares to the rightful owners? Lets us assume we pay 0.10 USD per BlockPay token, and share drop that to all holders. How can we do that on Poloniex or Bittrix?

How are other coins doing that part? Ethereum, Plutos, etc.
hero member
Activity: 693
Merit: 508
Will this token be listed at other exchanges and can the devs please provide an update for this. It would be good to see this at Poloniex soon and I think that is needed if the Blockpay team want to increase the value and maximise their chances of a successful second ICO.

I noticed that most trade is in BTS and not BTC at OpenLedger??
member
Activity: 71
Merit: 10
This is very good project
full member
Activity: 239
Merit: 250
Phase1:   600,000 tokens   @ 1:1.20 OPENPOS tokens/each   Special Buyback   Ended
Phase2:   1,400,000 tokens   @ 0.000288 BTC tokens/each   42.40% Discount   Sold out
Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running
Phase4:   2nd ICO   @ 0.000500 BTC tokens/each   Initial Price

Just an observation; if the next round is going to be sold for 0.0005 BTC per token, then the price of BLOCKPAY should not exceed 0.0005 BTC until after phase 4 right? I mean you would be mad to buy now for more than the phase 4 price?


I think he retracted that price point ... doesn't really make sense on its face as anyone can see.


Last words from Chris4210x
 
We will announce the detailed timeline, prices and ICO terms for the possible 2nd ICO when we need further expansion capital. Please note that the ICO prices can be adjusted to meet future market conditions and to guarantee a successful 2nd crowdfunding.
full member
Activity: 227
Merit: 100
Phase1:   600,000 tokens   @ 1:1.20 OPENPOS tokens/each   Special Buyback   Ended
Phase2:   1,400,000 tokens   @ 0.000288 BTC tokens/each   42.40% Discount   Sold out
Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running
Phase4:   2nd ICO   @ 0.000500 BTC tokens/each   Initial Price

Just an observation; if the next round is going to be sold for 0.0005 BTC per token, then the price of BLOCKPAY should not exceed 0.0005 BTC until after phase 4 right? I mean you would be mad to buy now for more than the phase 4 price?


I think he retracted that price point ... doesn't really make sense on its face as anyone can see.
full member
Activity: 239
Merit: 250
I GUESS WE NEED MORE EXCHANGE  Roll Eyes Roll Eyes Roll Eyes
legendary
Activity: 1148
Merit: 1000
A Wound in Eternity
Phase1:   600,000 tokens   @ 1:1.20 OPENPOS tokens/each   Special Buyback   Ended
Phase2:   1,400,000 tokens   @ 0.000288 BTC tokens/each   42.40% Discount   Sold out
Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running
Phase4:   2nd ICO   @ 0.000500 BTC tokens/each   Initial Price

Just an observation; if the next round is going to be sold for 0.0005 BTC per token, then the price of BLOCKPAY should not exceed 0.0005 BTC until after phase 4 right? I mean you would be mad to buy now for more than the phase 4 price?
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