I want to invest with BTS.
How can I do that?
BTS are on BTC-e.
Thank you
Hi Vavan1974muz,
the best process is to send your BTS funds from BTC-e to your BTS wallet first. Then you send the funds forward to "ico.blockpay". These two steps are important because we need to know that the BlockPay tokens belong to you and not BTC-e.
I am a voluntaryist. I believe in a donation culture. I have no issues donating to good projects. I could look at this ICO as a donation since there is no explicit guarantee of a return. However, I think the founders (and/or their surrounding "community") are misconstruing it as a chance to speculate on the success of the project (ie. an investment).
If this ICO is a donation request, say so, if it is an investment, say so (and provide concrete value proposition to the investors). At least with Ethereum, the coin itself was designed to be useful and necessary to run apps on the platform. BlockPay coin has no intended use other than to fund BlockPay.
Mine and others' previous comments requesting explicit agreements regarding a return on investment for token holders were ignored so I think "investors" in this ICO should think of themselves as donors. However, I think I am the minority in this perception. I'd be happy if anyone could convince me that this ICO is anything but a donation request.
Hi Captian_Picard,
these are good arguments and I addressed them in a few post before. We will announce more details about these topics soon. We are also looking in additional use cases for the BlockPay tokens which will be developed over the time. To just name a few, BlockPay tokens could grant its holders extra discounts on transaction fees, give access to advanced stealth features, and more many more.
What will happen to those coins not sold at the end of each phase? Goes to dev fund or get burned?
BTC Cold: 650
BTC on OpenLedger: 53
ETH on OpenLedger: 2,607
BTS on OpenLedger: 15,465,207
SBD on OpenLedger: 13,328
Total Value: Around 938.63 BTC
Phase 3: 1,512,689 BlockPay Tokens Left
Last update: 01.09.2016 09:26 am UTC+1
If phase 3 is not sold out (still half left) - then phase 4 will be even more challenging. 95 million at 0.00050000 (47500 BTC) - wow...
All unsold token from phase 3 will be burned.
So it is still pre-ico, when will be real ico?
How much fund you have raised from pre-ico? I don't find any info about fund on your site.
Hi, you can find the latest status here:
https://blockpay.ch/newsroom/investor-relations/blockpay-reserves/ . You can also check our two funding accounts to see the real-time status.
