Topic: [ANN - Pre-ICO] BlockPay - Zero Cost, digital currency Point-Of-Sale systems - page 19. (Read 44555 times)

Promising project, I believe it can become the paypal in the crypto world, I'm in with a few btc, and I would like to see the addres where ICO funds are deposited? Thanks

Sorry, if this question has been asked before. If I choose to buy some BlockPay tokens, will I get some kind of interest / reward on my coins as the company grows? Or, what will give the tokens value and how will I be rewarded for holding the tokens? Or, is it just a matter of buy / sell or any dividends like shares? Thank you.

Thank You Chris for your thourough answer. I like your view on the market, your approach and business mind. BlockPay has the potential of being a socalled "Killer App" imo ...
We'll see but Im in

Sorry for the delays, Rodrigo and I were on a short business trip and we had really bad internet connection there. I am back to answer all your questions. Thx.


Yes we have a special forum bounty program for the Bitcointalk forum. You can find the full program managed by SFR10 here: https://bitcointalksearch.org/topic/blockpay-signature-campaign-earn-up-to-006-per-week-ended-1594462


I was reading a lot of good points from you here. Yes, we are quite different to most other crowdfunding because we are raising capital for an existing, working product that we are promoting at local Bitcoin meetups, Bitcoin bars, restaurants and so on first. BlockPay is a piece of software for all of us. I really can´t wait to drop my plastic and use my phone for payments instead. So much easier and faster.

Here is a nice interview that I gave to Jamie Redman https://news.bitcoin.com/blockpay-businesses-zero-cost/

In comparison to the past big ICO´s Wave and LISK, that are asking to fund an idea, we are asking to fund the continued improvement and instant roll out of BlockPay so that you can use it at a place near you by the end of September 2016. Once we proved our product, we proved our business skills, we proved that we can streamline cryptocurrency adoption in the common markets, then we are ready to ask for the growth booster.

If the market is not ready for our products and cryptocurrencies, even 20 million in funding will not help us. 21, Coinbase, BitPay, and several other companies raised multi-millions but are doing little for mass adoption. They focus on a specific need within the Blockchain community. We are focusing on building easy tools that are based on Blockchain Technology and can be used by Crypto and regular people.

Andreas Antonopoulos already summarized it brilliantly. Bitcoin has been designed by geeks in the past, it is the time that crypto gets the fashion treatment. Next generation UI /UX design and marketing will hide all "scary" hashcodes, brainkey, mining, decentralization, terminologies and focus on easy to understand interfaces instead. The Circle wallet and the GetGem Chat are great steps forward in terms of design and user interface for Blockchain wallets.

Any bounty campaign? Twitter campaign, avatar campaign, facebook campaign?

Also important to remember that a second funding round would be expansion capital for a working  product/service.

Quite different than Lisk, Waves etc. That raised it all pre-launch with only a roadmap and dreams.

Waves also doesn't have a product, and they raised it all pre-launch. Quite different than raising expansion capital if you have a working product.

In my opinion.

Will there be signature bounties?

Hi. I just learnt about this because I'm invested in jewels and I'm listening to the jewels show on beyondbitcoin but your dev is speaking first. It sounds like a interesting idea but is the only thing that's special here is the zero cost. What else does this offer over coinbase or shapeshit.

YES! Please! Dont get lost in assumptions and speculation!
The CEO Chris Hering Chris4210x has already taken community feedback about this into his thoughts and consideration! See statement from AltcoinScamfinder above and here:




I know a little about economics, business, marketing & communication. In my perception they doing a very good job in rolling out this business. Very communicative, transparent and public. And most importantly nowadays - they listen to the community!

Here is a pro tip for the traders: "If you can figure out which cryptos will have real world use, buy and hold those."


The facts:

"... there is a total of 100 million BlockPay tokens ever created. In the Pre-ICO only 6.5 million will be used in Phase 1 – 3, the rest will be locked into a reserve fund via multisig and used for a follow-up ICO." Source: https://blockpay.ch/newsroom/investor-relations/

After the Pre-ICO there will be on the market:

6,500,000 BlockPay tokens        --> 93,500,000 BlockPay tokens locked away

Since only 4,400,000 tokens are actually on sale through Phase 2 & Phase 3 BlockPay can raise in this Pre-ICO a total value of 1,483.20 BTC. Thats $860,256. (Calculating with $580.00/BTC)


Right now I am very happy with the idea of BlockPay, Echo & Stealth and watching excited from the sidelines what Chris & Rodrigo will bring up in the future.

Keep it up. Thank You.

If it is an "inside scoop" then please provide documentation, otherwise let's stick to what we know. At the very least they have already stated their intention not to sell out. Words only I know, but it is their public statement. I do not want to undermine this project by letting rumor get the best of us, I do want answers to questions that seem to be ignored.   

are you serious?

any team member can verify things about phase 4?

This is exactly why I told OP that posting/projecting such specifics about a Phase 4 is absurd. It results in this pointless, and circuitous logic that because Phase 4 is impossibly large we have no business conducting a Phase 2 & 3. Phase 4 doesn't exist ... it is like you are protesting Santa Clause' skid marks. Quite pointless.


Here is the inside scoop guys. Blockpay++ will never get to a Phase 4. If things go well enough they will be acquired by a POS software vendor which can almost instantaneously deploy the software across millions of terminals and simultaneously coordinate an education campaign directed at its merchants. The acquirer will have no choice, and will gladly buyout token holders at a very handsome multiple of our original cost.

Waves collected around of 31k BTC and LISK around of 17k BTC.
47,5k BTC is unrealistic, but that's  only my point of view.

As soon a phase 3 is complete. I guess it concludes when the token they set aside for it are all sold.

How soon will the tokens be on an exchange?

28 mil for project Wow this is impossible guys ) even waves don't collect so much money )

Well this doubts affects me too.. Will wait for more infos

Are you stupid or what? High risk doesn't mean you should get less information. You can make high risk investments with full transparency and full information available. They ask people to crowdfund their project and there is nothing to withold them to say x percentage of the revenue is for tokenholders.

 

Devs have already stated that the 2017 projections and prices are preliminary. Near time development is what is interesting. Expansion capital will happen if they succeed in shorter term.